Hi every one
Bitcoin / U.S. Dollar
BTC has done a Great movement Recently! The Price now sits above 66k which is a New All Time High For BTC! if we Review The Chart of Bitcoin in Weekly Timeframe, we can Understand that BTC has Broken a Big Symmetrical Triangle! This Bullish Break out has confirmed that BITCOIN can Increase as much as the measured Price movement...
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Cardano / US Dollar
Cardano Is in a Symmetrical Triangle. The Pattern Is gonna Increase or Decrease the Price of ADA as much as the measured Price Movement.(AB=CD) We can Expect a Bullish Break out since BITCOIN has Created a New ATH! So the odds of reaching 2.70$ is pretty High. Just wait for the break out to happen.
-ADA is in a...
Decentraland (MANA) will be hosting the first-ever ‘Metaverse Festival’ today, with over 80 artists including some big names it's sure to be getting some attention. It's currently trading well below it's all time high set earlier this year. The symmetrical triangle on the 3 day chart is running out of room.
Zooming out to...
* UNIUSDT in 1D time frame forms Symmetrical triangle.
* Symmetrical triangle appears when the price consolidates between two trend-lines slightly sloping towards each other.
* Here the below Ascending trendline works as support for the price and the above Descending trendline as resistance.
* UniSwap needs to break the above resistance for a uptrend.
Broke out from this descending channel,
formed symmetrical triangle and running out of space soon,
this black ascending (black) channel is not confirmed yet,
only element of this possible channel is support trend line that held as support 3 times already
indicators looks OK and ready to go up,
Only enemy is rising BTC dominance, and attention that BTC got,...
- Link is very bullish on the weekly time frame.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- Previous swing high acted as a support + bottom of the channel!
- Target is top of the channel or 0.618 FIB trend-based FIB.
- We can spot an ascending channel forming on the weekly timeframe .
- For expected duration of...
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This is an Update on the last analysis on SUSHI! as you can see the bullish Break out has happened so It is safe to say that It can reach 13$(as much as the measured price movement!) The Price might wanna Do a Pullback Before ascending Further!
- BitTorrent is the most popular torrent client (together with uTorrent).
- On the chart we can see a bullish flag , which is currently breaking out!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The price retested the ALL TIME HIGH level, we can...
SOLANA is testing the fib retracement resistances, forming a symmetrical triangle. It seems like the 78.6% retracement line is to be tested again. If it manages to break out from that resistance, we expect to to retest the 100% fib extensions of the latest months.
Open Position @ 170.6 (at 78.6% extension resistance breaking over the symmetrical...
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there 2 scenarios for MATIC one is a Symmetrical Triangle which Has not been Broken yet but the odds of Bullish break out is higher than the bearish one, because there is also a Inverse Head and Shoulder pattern visible on the chart as well! this bullish Pattern Increases the chance of Bullish Run for MATIC as well! since there is no...
I think before we see much higher prices in the months coming, I believe very soon nano might blast above $7 before seeing any resistance again. Once nano is capable of sustaining above $8, it’s going to the moon! I’d put my bet that we won’t see it do that until the end of November.
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SOL / TETHERUS
SOL has formed a Symmetrical Triangle. This pattern can Increase or Decrease the Price of SOL as much as the measured Price movement (AB=CD). Depending on the Break out that is gonna happen soon, we must take a Buy or Sell Position. (Upward break out= buy,Downward break out=sell) for now there is no confirmation of Bullish Trend...
- UniSwap looks very strong on the daily timeframe.
- On the chart we can spot an ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge!
- Next profit target is 1:1 FIB trend-based fib extension.
- For expected duration of the trade, probability, stop loss, profit...
PONDUSDT is doing a great symmetrical triangle on both Daily/Weekly timeframes.
RSI is doing a huge bullish divergence since May (!) and MACD is showing some bullish signs, trading above the signal line for the past couple of days.
POND made a great pump one month ago with a great volume spike as you can see on the chart, then it went back into the...
Possibly seeing a symmetrical triangle pattern for DNT. This is a price consolidation period meaning price can move in either direction. Watch for a higher high or lower low for the direction of movement. *NOT FINANCIAL ADVICE* Only sharing to get feedback and other opinions.
Entry price: 48-50$
Target price: 54-55$
Chart pattern: Bullish symmetrical triangle. The price just broke the upper boundary of triangle and retested that level as a support. Moreover, the price breakout was confirmed by increased volume.
RSI: Neutral, approaching 60 level, thus, there is still a potential for the future growth.
Conclusions: Chart pattern and RSI...