OmiseGO (OMG)
After break out symmetrical triangle fail to reach $28 target of this pattern after that creat to us Rectangle channel and move on it the good this we have it from $8.XX and gained good profit at last wave.
So what now is Omg ready for a new green wave is ready to create new ATH this year?
This can happen if market back Bullish again
but from...
BTC/USD broke out to the downside from the sloping symmetrical triangle on its daily chart. Only psychological support levels at 6000, 5500 and 5000 can stop the fall.
A symmetrical triangle has formed on the daily chart of Gold (XAU/USD). Due to being preceded by a downward trend, it provides a bearish breakout opportunity for trading. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my...
Hi TV friends,
A squick post on ETH, it is currently holding its breath in an symmetrical triangle.
The whole market is holding its breath, low volume, low volatility and EMAs narrowing the market is close to a decision.
For ETH:
+ Up breakout would bring us to next resistance of $630 (previous high) - 60% odds
- Don breakout would brings us to next support at...
On the 4h time frame we are looking at a potential symmetrical triangle that is forming.
(This is not financial advice, this is a volatile market where anything can happen)
- About a 20% chance for a run to test the $7750
resistance at max before retracing to
$7050-$7450 Buy Zone.
- 20 day moving average is acting as a strong resistance.
- About an 80% chance for a downward breakout from
the ascending channel that has formed, & another
retracement to the ascending support 'buy zone'.
- The course could...
Looking at the Daily time frame we see a symmetrical triangle forming.
(This is not financial advice, this is a volatile market where anything can happen)
IOTA has formed a Cup and Handle Pattern as well as a Symmetrical Triangle Pattern on the daily chart.
I have always been bullish on IOTA as it unique from most Cryptocurrencies in the sense that it uses Directed Acyclic Graph technology as opposed to using Blockchain.
Since each user of the IOTA network has to verify two transactions before theirs is...
According to the weekly chart, Bitcoin appears to be moving towards the apex of the Symmetrical Triangle. If we break out to the upside of the Symmetrical Triangle, the target becomes $20k. The target comes from the the length of the widest point of the triangle, which you can see in the highlighted price range on the chart above.
Symmetrical Triangles are...
A symmetrical triangle has started to form inside the channel, this triangle has started to become very narrow, meaning the price is looking more and more likely to breakout very soon. If the price breaks out the triangles resistance level, this could give it the boost that is needed to breakout this channel the price is currently in, the same can be said if the...
Hey guys :D
I've been away for 5 days - I have been super busy lately. Our company is growing, and we are in the process of hiring more people, getting new and bigger office with streaming studios and a new TV-studio. As I said last time, I can only promise to do my best to make charts every day for you guys - but when I am running a business full time also,...
Looking at the daily time frame we see the symmetrical triangle is forming the last piece.
We dropped below the trend line earlier this week creating panic, but the bulls bounced back up!
If a breakout happens, the first target will be 10k.
(This is not financial advice, this is a volatile market where anything can happen)
BTC has been bouncing in this symmetrical triangle for a while now.
Targets depending in which direction it break, upside = $16000 (more likely option)
downside = $430 (less likely option)
