Descending Triangle

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D4rkEnergY D4rkEnergY TOP XRPUSD, 240,
XRPUSD: Ughh... CRUCIAL next hours for RIPPLE... (XRPUSD)
1879 6 22
Ughh... CRUCIAL next hours for RIPPLE... (XRPUSD)

Hi again, my beloved fans! D4rkEnergY is here with an update on Ripple! We are looking at the 4h XRPUSD Chart. After a hard pullback, it seemed like XRP, after a steep uptrend and some slowly but steady crawling, was starting to recover. We went into an ascending triangle. D4 gave you the warning in an earlier post, that we probably would FALL through due to the ...

114 0 7

Pair is in a descending pattern Price is in between 20 sma and 40 sma Bullish entry with breakout of 20 sma Bearish entry with breakout of 40 sma Take profits listed on chart

interneto07 interneto07 ENJBTC, 240, Short ,
ENJBTC: Possible short for ENJIN COIN
143 0 2
ENJBTC, 240 Short
Possible short for ENJIN COIN

Descending Triangle and Indicators are bearish at the moment.

dsgorthy dsgorthy PRO SWTBTC, 30, Short ,
SWTBTC: Swarm City (SWT) Consolidation Period Over. Which Direction Now?
199 4 6
SWTBTC, 30 Short
Swarm City (SWT) Consolidation Period Over. Which Direction Now?

I've had my eye on SWTBTC since December, but I haven't given it a diligent analysis until the past couple of days. Looking at the charts, it is clear that SWTBTC is in a consolidation period since the high point seen on January 21st. Since then, we've seen several repeating triangle patterns, each one smaller than the last. Well, it looks like that trend is ...

LastBattle LastBattle PRO ETHBTC, D, Short ,
ETHBTC: The floor in ETHBTC is about to crack...
771 0 14
The floor in ETHBTC is about to crack...

3 months of consolidation, plenty of energy accumulated for a deep fall if ETHBTC breaks below 0.067. Target 0.032~0.039 range.

TiborVrbovsky TiborVrbovsky TRXBTC, 120,
TRXBTC: TRX/BTC, Looks Like a Price Action Upwards is Ahead.
2489 5 12
TRX/BTC, Looks Like a Price Action Upwards is Ahead.

Hey! I am back with yet another chart. This time again on Tron, last chart looked pretty green followed by BTC fall, so now is in the RED way. On this chart you can see a lot of lines and text.. obviously, but no all the red lines are support/ressist lines. The lines are points where price should stop for a while went some % down, and if got some good Volume can ...

krishnakanchibhatta krishnakanchibhatta LTCUSD, 60,
LTCUSD: LTC Moving up as expected
196 2 2
LTC Moving up as expected

Though the actual chart which i shared had an error in the ABC Correction wave.. But the markings were bang on:) LTC moved up from the exact spot of C I would love to hear from the experts - whether i should have considered this as a Descending Triangle or the ABC Correction Wave Please have a look at the below related link (for the original post) and let me ...

aoeuaoeu aoeuaoeu BCHUSD, 60, Long ,
BCHUSD: Something Big is Going to Happen to Bitcoin Cash
926 3 14
BCHUSD, 60 Long
Something Big is Going to Happen to Bitcoin Cash

Bitcoin Cash just completed a beautiful 5 wave impulse and is now priming for a new breakout. Bitcoin Cash formed a descending triangle, which could be a ABCDE correction. If that is the case, an explosion is imminent. Furthermore, the price action after breaking out of triangles is rarely stagnant; either it dumps or it explodes upwards. However, the lower ...

angel_lobs angel_lobs WAVESBTC, 240,
WAVESBTC: Waves Triangle
456 4 11
Waves Triangle

WAVESBTC is inside a "huge" symmetrical but we can see a strong support at the 0.618 Fib level, it got support there 3 times, making a triple bottom. Because of that support we see a (Bull) Descending Triangle forming, normally this pattern indicates a drop in price (continuation of the fall) but since WAVESBTC made that triple bottom it should have "power" to ...

DontWatchDoc DontWatchDoc PRO XRPBTC, 240, Long ,
XRPBTC: Ripping through Resistance! Part 2 (XRP)
366 1 2
XRPBTC, 240 Long
Ripping through Resistance! Part 2 (XRP)

Happy Hump day lovers! I wanted to analyze XRP again, this time with day time charts(I have been historically using "night" mode). If you remember in my previous analysis, I set up the 0.382 Fib and 0.5 Fib, which XRP blew past but is now currently nestled in-between the two again! Since the recent rally, I noticed XRP set up a neat triangle pattern as well. ...

epitome epitome TRXBTC, 240,
TRXBTC: TRON - where will it go next, can the support hold?
404 1 6
TRON - where will it go next, can the support hold?

Welcome to my analysis on Tron. As can be seen from my prior posts, I am a fan of the project and would love to see it go up, but that is not relevant here. I added my comments within the graph for easy reading. We can see that Tron has formed a descending Triangle together with the red support line. The same Descending Triangle can be spotted in the volume. The ...

ComeTcrypto ComeTcrypto BTCUSD, W, Short ,
BTCUSD: IN THE WOODS : BTC downtrend update.
825 0 3
IN THE WOODS : BTC downtrend update.

Hello ladies and gentlemen. Some days have pasted since i closed my last chart from 2 weeks ago where i have called an ABC correction to 8100$. The dip have achieved and even exceed my target and rebound strongly on the 0.618 Fibonacci level (around 7635$), who is now a crucial support. So what now ? We can see on the chart the near bottom of the descending ...

bvivolo bvivolo VIBEBTC, 30, Long ,
VIBEBTC: VIBEHub Possible Price Signals
254 0 1
VIBEBTC, 30 Long
VIBEHub Possible Price Signals

VIBE has formed a clear cup-and-handle pattern over the past week or so, however the "handle" can also be categorized as a descending triangle, having tested 10.1k sat three times. I am bullish on this project overall and believe their token's price will increase from its current low valuation (compared to entire trading history). The next day or two will ...

angel_lobs angel_lobs XLMBTC, 720,
XLMBTC: XLM now what?
741 0 8
XLM now what?

XLM did a big jump on the 2017/05/07 and then it started doing a U shape movement until the 2018/01/03 where it peaked again, after that peak it retraced making this a Cup and Handle. On the other hand, near the handle its forming a Descending Triangle: Which means (most likely in percentage) that the price will be going ...

bswen bswen PRO BTCUSD, 1D,
BTCUSD: Bitcoin's Challenges: Reason to hope, much resistance ahead
173 0 3
Bitcoin's Challenges: Reason to hope, much resistance ahead

BTC has been looking bullish the past couple of days riding on some good news finally in the wake of the SEC/CFTC hearings in the US Senate. And the volume has finally spiked. This could signal the bottom of the BTC retracement. But there is much resistance for BTC to break through to the upside. It needs to breach the downtrend line of the descending wedge again, ...

rakimala rakimala PRO BTCUSD, 240, Long ,
BTCUSD: btc/usd rise icarus riseeee
377 0 6
BTCUSD, 240 Long
btc/usd rise icarus riseeee

The 4 hour chart is clearly forming a descending triangle which is really close to its apex. If correct, we may see the end of correction within this week at most. We may also see prices go down as much as 6900 $. Lets see how this week plays out. Good Luck, tipbox: 17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG -4.56% 1.34% ...

USDCHF: USD/CAD Descending Triangle
54 0 2
USDCHF, 60 Short
USD/CAD Descending Triangle

Price broke the descending triangle to the downside and the overall trend is bearish.

kongaalmo kongaalmo PRO BTCUSD, 120,
229 0 3

Bitcoin analysis

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