DYDX in descending triangle, 200sma almost hit, we need it above 20sma, could bounce back down from 20sma (blue line) and hit again 200sma (red line) until going up... doesn't have to, but I have seen it too many times... Looks bullish on 1 and 2 hrs. On 4hrs doesn't look bad, can turn bullish soon. Also, this support zone is at 0,382 fib. I would really like to...
On the RSI there appears to be a noticeable divergence, there's a series of higher lows forming an ascending triangle.
The price is displaying a series of lower highs forming a descending triangle.
A bullish divergence or bearish divergence?
A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation...
PERP in descending triangle, now above 200SMA and below 20SMA, also right above the support level. Expecting possible bounce up to open long trade. That position between 200 and 20SMA could be tricky for entry, price often bounces up and down from them before descision. SRSI RSI and MACD on 1hr chart look like it could go up. Could have a nice move, but you should...
Pulling back from a strong move to ATH last week,
Support at $443 and price squeezing inside a descending triangle.
I am watching this one closely tomorrow
Bitcoin reach to a support line after a strong fall and it making a descending triangle pattern
if the support line break it go down till lower target.
But if it supported here it may go up till previous resistance.
Descending triangle with support from the 12 h 200 SMA , looking rather bearish for downtrend continuation. Will look for bounces along the golden pocket and previous daily low structure.
Btc creating classical Descending Tringle Pattern with potential of fake breakout on Top and its look like Wyckoff Redistrubtion Schematic
Descending Top - Decreasing Volume - Uptrust and Sign of Weakness - Pattern will be Confirmed if Fake breakout happen on top and price break bottom line on rejection and Pattern is fail if price close candle above UT
Target...
USDJPY has finally broke out of the descending triangle, Expecting a retracement back to previous resistance now turned support before continuation to the upside for the next weekly resistance...
Watch patiently and apply proper risk management
- If we take a look at the chart, we can definitely spot an ascending triangle .
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin (rank 17) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)...
Curve ( CRVUSD) 1 Hour timeframe -> Descending Triangle Chart Pattern. This can be a breakdown level which indicates a lower highs with strong bearish momentum.
This crypto was trading above 200-EMA for a while now and ready to make a move downside (For a healthy market to move, it should break 200-EMA as well)
It has been taking horizontal support (2.756)...
We scored 7-8% fast profit from the last setup. This is descending triangle DYDX formed now. Support still holds, and even if this has more chance to break down. The market is kinda hot for it, and if buyers show up, this could easily break up. Indicators definitely coiling up for next move Watch levels, set alarms, could be a nice move...
A descending triangle is a bearish chart pattern.
For the short term, we can still take advantage of buying with a target price of 1.37600 - 1.38000.
The price will reach this target within 1-2 weeks.
If the price has touched the area of 1.37600 - 1.38000 then sell with the target price of 1.35800 - 1.34800.
This is also confirmed by:
1. The dollar index is...
ADA is still in a Descending Triangle on the Daily Chart. Note that a descending triangle is a bearish pattern.
ADA needs to break back above the descending trend-line for renewed upwards momentum.
ADA is fighing to stay above its Bollinger Bands Middle Band Basis 20 Period SMA.
ADA is back above its Least Squares Moving Average (LSMA) for this 1d timeframe. A...
Thus far $RSR is perfectly following my descending triangle. If Bitcoin also drops down to at least $38k ish, which is very likely, my buy area for RSR is $0,0225 - $0,02. You don't wanna miss this, after this we'll go very high...
