Looks like ICP broke out from 3 weeks long descending triangle, now between triangle resistance line and resistance level that was rejected from multiple times... Broken from RSI descending trendline, but MACD looks like PA could do some more correction. So it might not push up in immediate short term... Set alarms for this one
Now we have a true perspestive of what just actually happend, Cardano now is navigating the success of what actually crypto world must do while the Alonzo upgrade on the way ... but technically in Daily time frame RSI setting up a descending triangle that is obvious we have seroius movement in a week ! so this is just an idea and not financial advise ! cheerrs !
- DATA is currently consolidating in the symmetrical triangle. - After that, explosive move will folow. - Bullish volume is higher and RSI is prepared. - Profit target is 1.618 FIB extension. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want...
Nice break of descending on the daily chart. We could see a possible continuation run here. Keep your eyes on this one.
The descending triangle was broken yesterday. It seems the volume could push the price even higher. I marked the levels where you should watch and may decrease the risk.
ADA has been in a very tight consolidation pattern and refuses to fall to the 2.4 or even 2.5 levels. And now, it looks like that probably will not happen. Well, at least the 2.4 price point likely won't happen. The reason for this is the 1hr 200MA line is creeping up and is at about 2.5 right now. ADA has been pretty good at staying above or riding the 200MA...
H1 time frame. Structure: Uptrend. The price broke out of the descending triangle pattern and continued to rise. The price broke the 1795 resistance zone, now can wait for the price to a retracement to this zone, retest, and appear the Price Action setup to buy with XAUUSD. The profit target is the old resistance at...
AXS could have another move soon, descending triangle, volume decreasing, could this be double bottom formed? I have set my alarms and won't be missing this one...
- UniSwap looks very strong on the daily timeframe. - On the chart we can spot an ABCDE triangle, that is currently breaking out! - Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge! - Next profit target is 1:1 FIB trend-based fib extension. - For expected duration of the trade, probability, stop loss, profit...
- Cardano is currently breaking out to new ALL TIME HIGHS! - On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs. - Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish. - We will experience an acceleration to the upside in a few days! - Profit target is 0.618 FIB extension, which is...
- SelfKey (Rank #536) is breaking out of the triangle formation, which is very bullish. - Volume is low for now, but i am expecting bulls to step in. - Bullish volume is higher anyways. - Next profit target is 1:1 fib extension around 0.1 USD, which is 1000%. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to...
EURSUD on the 4Hr timeframe has broken the descending triangle. The pair is now falling from the breakout toward 1.6036 support line Like and Comment to support this idea.
In this pair, technical analysis shows a technical figure Descending Triangle. The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide...
Following the payroll news on 06.08.2021 the US currency has gone bullish. Descending triangle formed on GU and broke and retested the neckline. Expect price to fall minimum to the 1.37700 area.
* Cardano in 2H time frame forms Descending triangle pattern, with it's resistance as above trend-line and it's support near $2.0550. * Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout. * If the price breaks the either side of the pattern it will give a good momentum till the given targets.
Looks like QTUM is forming a big descending triangle last few days... Big figure = BIG MOVE, so it can be worth watching it... COULD BE GOOD FOR SOME IN-RANGE TRADING ALSO...
There a descending triangle pattern on 1H TF ADAUSDT, still waiting for break to confirm the pattern.