Great news for the SUSHI altcoin, because a descending parallel channel and a symmetrical triangle are currently breaking out with elevated volume!
Congratulations to the bulls for this success, and SUSHI is now completely free to go up to my profit target.
Take profit at the 0.618 FIB + strong horizontal resistance, which is between 5.289 - 5.890 USDT. This...
USDCHF on the 4h chart is moving between 2 converging trendlines.
The price after the last test of the upper trendline is retracing lower and possibly today after the NFP we can see a break above.
How can i approach this scenario?
I will wait for a potential break of the dynamic resistance and when that will happen i will look for a nice long order according to...
On Matic has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish.
Entry price: In the apex at 0.65.
Stop loss: At 0.67, which is inside the triangle so when the triangle breaks to...
An 80% drop is not sci-fi. But at the end of the day, you can buy cheap XRP at 0.1 USDT and hold it to 589 USDT, as the Simpsons predicted.
I am very bearish on XRP because the bears are in full control and I will tell you why in this analysis.
The price is trending in a massive descending parallel channel (very bad) and the first thing we want to see is a...
Hello my fellow TraderZ,
Today we are here to discuss about the QUEEN of #Cryptocurrency - $ETH #ETHEREUM.
Can see the price is again following the SYMMETRICAL TRIANGLE Pattern and once again coming to the edge of the Pattern.
Last time on the CPI day, we had a sharp Fakeout to grab the Liquidity existing below the level of $1260.
PA is not looking so...
Nice sized candle currently above the yellow symmetrical triangle..it has grown a mild bull wick since testing the thickerwhite line above the triangle which is the neckline to a bigger inverse head and shoulders pattern. It could come back down to retest the top trendline of the yellow symmetrical triangle…the most important thing is where the current daily...
TWT is an extremely durable altcoin. During the bear market in 2021-2022 this coin held its value very well.
The platform was acquired by Binance in July 2018. So there is a huge expectation for the Trust Wallet platform.
The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at...
CNO FINANCIAL GROUP
Intraday - We look to Buy a break of 19.37 (stop at 18.43)
Daily signals are mildly bullish. Price action has continued to range within a triangle formation. The bias is to break to the upside. A break of resistance at 19.35 should lead to a more aggressive move higher towards 21.00.
Our profit targets will be 21.51 and 23.00...
#LUNA/USDT
$LUNA is trading inside a symmetrical triangle and holds the lower line as support.
now price touched the resistance zone.
🐮 break out from the current resistance zone will continue upward move toward reistance zone around $4 and maybe upper line of triangle.
🐻 rejection from the current resistance will drop price to lower line of triangle and by...
Hello my Fellow TraderZ,
Lets catch the #KUSAMA $KSM before it fly.
$KSM is ranging inside the SYMMETRICAL TRIANGLE Pattern and trying to break it.
Buy only after the candle closing above $44.
Orange lines are TP Points.
CHEERS!!!
Microchip Technolog y
Short Term - We look to Buy at 65.63 (stop at 62.70)
Broken out of the triangle formation to the upside. A lower correction is expected. Reverse trend line support comes in at 64.00. Support could prove difficult to breakdown. Dip buying offers good risk/reward.
Our profit targets will be 73.30 and 78.00
Resistance: 74.00 / 90.00 /...
Short move within Equivalent Triangle
(Rising Support to Falling Resistance top)
Trade with proper stop loss
Watch for breakout of Symmetrical Triangle Pattern
Ride the trend with trailing stop loss and TP @idnetified fib levels
There is a great chance that Ethereum has bottomed out! But first we need to break the downward sloping trendline to confirm this bias.
I am sure aggressive traders are already buying the ABC correction and the 0.618 FIB retracement, which is definitely worth the lower stop loss they have for this trade.
After the merge, the price of ETH rapidly went down,...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick ETH update.
ETH looks bullish here. Breaks out from the symmetrical triangle in 4hr time frame and retest is also done. Now it looks ready for a nice pump. Expecting target is $1500-$1600 in the next few days.
Invalidation:- Any 4hr candle close below...
