Jokes aside here it is. Triangle target. This index is highly efficient at hitting targets. Dollar down. Who knows what sort of fledgling additional bear flag it coul puke out on the way there. Bear fomo is still a thing I guess....
After around 6 months of hugely profitable trading with MKR we've received a Short signal from Crypto Tipster v2 - looking at the chart there's 2 possibilities from here. Either we're actually looking at a period of consolidation whereby the price isn'y going to do all that much within the current range until it reaches the end of this wedge in a couple of weeks;...
Banknifty broke out of descending triangle pattern on 30 min TF. Could be bought with mentioned stoploss & target.
The bulls are incredibly strong! This may be the best January in Bitcoin's history. But the bears are waiting patiently to short bitcoin at the key level! The Resistance 1 level is strong because there is a POC of the previous structure, the start of the massive previous GAP, and a horizontal level from 2021. With this strong confluence, we can short bitcoin...
The price had a clear breakout from the descending channel and retest it as new support on 0.36$ area on 0.618 Fibonacci level. XRP got the liquidity from the false breakout from the 0.33$ area, where the market created the local demand zone At the moment the price is going to create a pennant just below the daily resistance and key level How to approach it? the...
Bajajauto broke out of descending triangle pattern on daily charts with good volumes & with very good risk:reward ratio. Could be bought with mentioned stoploss & targets.
Live from west yellowstone I present to you the daily morning impotence of the US DOLLAR. Long this if you wanna rid yourself of worldly possessions and a warm home.
DESCRIPTION: In chart above I have included an analysis of TICKER SYMBOL WISH as per follower request. Despite it's short market history since IPO price action has seen plenty of volatility and has broken many fundamental supports and has fallen into PENNY STOCK TERRITORY. With that being said refer to FULL CHART LINK DOWN BELOW to see what I am talking about. ...
Congratulations to the bulls for this successful start of the bull market! It's really a pleasure to watch these candles. Bitcoin may give you the last chance to buy below the 20k level, so I hope you are going to take this once-in-a-lifetime opportunity! You can buy on the spot market or leverage long on futures. It's still possible to retest the previous...
hello guys... as you can see on the TRX chart, it has formed a descending triangle on an upward trend, 3 times touched the bottom line and 4 times the top line touched, wining upward movement so far :)) but be patient until the top line breaks up after that you can get a long position until $0.29 and if you are so greedy hold it until $0.69. if the price breaks...
DESCRIPTION: In the chart above I have provided a MACRO analysis of NDQ that is in fact showing strong signs of PENDING CAPITULATION but I will leave the rest to INDIVIDUAL INTERPRETATION. POINTS: 1. DEVIATION OF 1,000 POINTS is where NDQ usually finds appropriate CONSOLIDATION to then draw out SUPPLY & DEMAND POCKETS. 2. RSI is DANGEROUSLY OVER EXTENDED and...
Price action and chart pattern - descending triangle with a bullish divergence pattern in weekly timeframe is considered a strong reversal trading signal. Wave projection: A possible 5 wave of major A-wave correction coming forming an ending diagonal wave targeting 0.5 - 0.618 fibonanci extension of previous 3-wave downtrend. Entry: Descending triangle breakout /...
On the chart of Cardano (Ada) we can see a descending triangle has appeared on 1h timeframe. A descending triangle is a bearish chart pattern. Once the price breaks down of the support it is really likely that the price will dropp. Profits can be taken when the price approaches the support area. All further details are shown on the chart. Goodluck!
Fundamentals are good, revenue has increased more than 10 times in 11 years but OPM dropped by 66% due to increase in employee cost which is concerning. Borrowings increased to almost 100% but trade receivables & cash equivalents can make it up to 87.5%. Technically price is about to reach the base of the big descending triangle as highlighted and forming strong...
There is a huge descending triangle range on bitcoin on the weekly timeframe, and bitcoin is also reaching the end of the range and is getting tighter. There is also a tight range marked by the contraction indicator, showing that it will expand.
Shiba Inu is absolutely prepared for a massive uptrend on the daily chart! We can see that the price is breaking out of the falling wedge pattern. This falling wedge pattern is not a standard wedge because it is also an ending diagonal from the Elliott Wave perspective, which is a powerful combo. Also, on the RSI indicator, we can spot a bullish divergence...
Reached descending triangle pattern. There we have two ways to go.
On the chart of Expedia (EXPE), we can see a descending triangle. A descending triangle is a bearish formation. The price has already broken the support and is now retesting the support. When the support turns into a resistance a short position can be taken. The price is likely to drop more until it has reached its target. All further details are shown on the...