Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is still consolidating in the same range from the last 5-6 days. It is trading inside a symmetrical triangle in a 4hr time frame and the triangle is squeezing very tightly here. So we definitely see a breakout or break down. Bullish case:- If...
VENKEYS India has given a breakout and retesting its previous levels Reason to enter the trade 1. Breakout 2. Retesting 3. High volume 4. Daily timeframe I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
#BTC/USDT short-term analysis. $BTC is inside a symmetrical triangle between 0.5 and 0.386 fib levels of the last swing high. 🐻 bearish flag can drop price to break out from lower line toward 0.5 fib level at $22700. 🐮 the upper line of flag is the same with descending resistance zone, that makes this zone strong. BTW if price breaks out from this zone price...
OP/USDT currently moving in a symmetrical triangle which is continuation pattern , most probably it will give a bullish breakout but still their are chances that it will give a breakdown and dump upto our next suuport which is at around 22% below from our lower trendline but if it gives a breakout than technically we can see a jump upto 26% which will make a new...
BTC is breaking downside soo far from symetrical triangle , it can cause correction from here if outbreak will be confirmed.
Homefirst Looking Bukllish Above 1167 will touch 1190-1230-1300 in coming days
Same as BTC , ETH can do short term chop although the mid term and short term remain bullish. In my opinion it will retest support area at 1400-1500 before move up.
BICO on the daily chart looks like it wants to pump any time soon! We have a descending broadening wedge and a local symmetrical triangle, so we have a pretty good confluence to buy a breakout. What's more, as per my Elliott Wave analysis, the massive impulse wave has been completed, and that's why I expect a retracement. I recommend buying a breakout above...
Am waiting to enter on the break and retest for a 4.42R which becomes 6R on scale-in. Like and subscribe.
First of all, I want you to take a look at the volume indicator. As you can see, we have huge bullish volume! On the daily chart, there is a descending parallel channel that has been destroyed by the bulls recently. Also, there is a local symmetrical triangle that looks like it is also breaking out, so we have a double breakout, which is nice to see! Impulse...
Am looking to long this pair after the breakout to the upside occurs and a retest. Aiming for a 3.16R....like and subscribe.
Am waiting for the breakout and retest of this setup to go long for 3.57R. Like and Subscribe.
Following on from my previous stock ideas, I'm expecting a further downswing after the consolidation bounce on most stocks for a Wave 'C' once the bearish continuation symmetrical triangle breaks down Waiting for directional break currently DJ:W1DOW SP:SPX TVC:SPX OANDA:SPX500USD OANDA:NAS100USD NASDAQ:NQGM NASDAQ:NQGI
I think there is absolutely no time for a multi-year bear market at this moment. We had exactly the same correction (73%) as in 2020, and after that a massive bull run started. As per my Elliott Wave analysis, we are still in the bull market of an impulse wave and we need to finish it. An ABC correction (ZigZag 5-3-5, wave 4) has been completed successfully,...
Beast Trading _ Today's Bitcoin Perspective As I said yesterday, Bitcoin broke its high point and rose to 24.4K. Since then, it seems that the wave has emerged as a form of adjustment to the increase In general, the adjustment wave is divided into three waves: A/B/C. Now, wave A appeared as it fell into abc form, and wave B appears to be coming out in the...
CRM hit a low of 154 in late May, a 78.6% fibonacci retracement of it's major AB swing up. It then traded sideways in the past 2 months, forming a symmetrical triangle. With bullish divergence seen on it's monthly chart, it looks like the odds of a breakup is likely and when this happens, it is probably a good time to ride the trend. Disclaimer: Just my 2 cents...
ZRXUSDT Technical analysis update ZRX formed a symmetric triangle in 4h chart, if the price breaks above the triangle resistance line then we can expect an up move in ZRX. Buy zone: above $0.335 Stop loss : $0.30 TP 1 : $0.365 TP 2 : $0.405 TP 3 : $0.460 Max leverage: 1x Always keep stop Thanks Hexa
Since its inception, Trust Wallet Token (TWT) entered into a long period of consolidation, developing a symmetrical triangle formation. The multi-year symmetrical triangle pattern now calls for a retest of the upper resistance level around the $1.4 level. Symmetrical Triangle Pattern This multi-year pattern has the potential to continue driving the price action...