When Price reaches an extreme it will turn back 80% of the time. Therefore we leverage this wisdom and apply a simple Two triangle Pattern Set up. The first triangle creates the high. The second triangle peak will create second High but lower : this is your entry. 10:30am we are in a FREE FALL. Pick your entry. Cause she's dropping it like its HOTTT!!!! Never...
Matic had a serious push and now formed and broke on the downside a symmetric triangle and retested successfully the apex of the triangle. That is a bearish confirmation so we are expecting more downside from here . Let's see what happens. Do your own research - have fun with the markets! Cheers !
price is entering a crucial phase of this Symmetrical Triangle on this 4Hr time period Break out of this triangle will push TRX to new highs
XRP is the most hated and most loved coin on the crypto market, no doubt about it. I personally like XRP, because transactions are extremely fast and super cheap, but the price action is another level! But let's take a look at the weekly / 3D chart and do Elliott wave / chart patterns technical analysis. As you can see there is a huge symmetrical triangle...
First of all I want you to take a look at the volume indicator - we have an elevated volume and massive buying pressure! On the daily chart we can clearly see a massive descending channel and the price is very close to so a breakout. Also we have a symmetrical triangle + 200 daily moving average, likewise very close to a breakout! Impulse Elliott Wave has...
Hello! I find this pair to continue on downtrend, making now a symmetrical triangle with high probability to break down price action. Bit take profit to be found on 0.9580
FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB! We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low. My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here! If we take a look at the volume indicator, we...
Looking for a quick 1:3.9R with scale-in is 4.65R...worth the risk Like and Subscribe.
Am waiting for the bullish BREAKOUT of the descending triangle for longs....2.95R If the proposed HEAD & SHOULDERS occurs I will be scaling in....with 0.5R and if all goes as planned I will be realizing about 3.8R. Like and Subscribe.
KIN has been in a MASSIVE symmetrical triangle since 2017, and this is the 3rd time we're bouncing off from the bottom of the triangle. RSI is set to explode. Macd is set to explode. Price is set to EXPLODE.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT Dominance update. As I told you in my previous USDT Dominance update that we have a very strong support at 7.0-7.2 level and it is exactly bouncing from this level. USDT Dominance is already breaks out from the symmetrical triangle and this move to the...
XRP can finally make an uptrend, we have a local descending channel on the daily chart, which is very close to a breakout! As per my Elliott wave analysis, the ABC correction can be completed, so we there is a great chance for an uptrend. On the RSI indicator we can spot a bullish divergence with higher lows. We haven't retested the massive yellow...
Am looking for a quick 1:3.6R on this setup, like and Subscribe.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ALTPERP update. Here is the 3hr chart of Altperp. Altperp is a index which we can use while we trade in futures Altcoins. As you see in the chart, Altperp is retesting the symmetrical triangle after the breakdown. After this successfully retest we can expect...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT Dominance update. USDT Dominance is trading inside a symmetrical triangle and currently near the lower trendline. USDT Dominance needs to break the green support zone for further bullish rally on the market. If it again bounce from here then we see a dump...
There is currently an ascending channel and two different symmetrical triangle formations that we are in at the same time. Although the support zone and trend for the lower band seem to hold the price tight, if the fundamental data creates a selling pressure, the targets of the relevant formation formations seem clear. On the 4-hour timeframe, the 200-hour...
Initial break out from the symmetrical triangle has failed but the support provided from the upper line of the triangle allows for a second attempt This support is just below the 0.5 fib
From the Daily time perspective I see a symmetric triangle forming and the overall trend has been going south , GBP is weak currently, however am anticipating a strong NZD which will fuel more move to the downside in the next couple of days.