Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BITCOIN strong consolidation going on at $20k level, this can't go on forever, triangle primed to break to upside or downside. But RSI is printing bullish divergence though. BTC going above $21,800 makes a higher high, and going below $18,800...
- If we take a look at the volume indicator, we can clearly see a massive bullish volume spike, which is definitely a good sign! - On the weekly scale, we can see a falling wedge that is currently breaking out! - As per my Elliott wave technical analysis - the huge impulse wave (12345) should be completed, as you can see. - On the RSI indicator, there is a...
Price closed above trend line. Retest occurred at trend line. Enter a long position.
- Tron is currently one of the strongest altcoin on the crypto market! - On the weekly chart we can spot a descending channel , that has been destroyed by the bulls. - Also we can see a broken ymmetrical triangle, which is definitely a great sign too! - 200 weekly MA is considered as a massive support by huge institutions and the price is currently above the...
- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern. - If we take a look at the volume indicator - there is a massive volume spike, which is positive. - The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest! - You can buy a breakout above...
- On the weekly chart we can see an ascending triangle - the most bullish pattern! - Great opportunity to 24x your capital in upcoming weeks/months. - If we take a look at the volume indicator - bullish volume is definitely higher, which is great. - The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge...
Criteria: 1. Uptrend on 1H, 4H, 1D 2. Bounce from Supply Zone 3. Fibonacci retracement 38% 4. Fibonacci retracement 61.8% 5. Fibonacci retracement 78.6% 6. Symmetric Triangle Formation 7. Round Number Buy after break above 20,500 or wait for confirmation at 19,900 and 19,500 Tp1: 23,050 TP2: 26,200 TP3: 28,700 SL: 18,600
Looking at two different Symmetrical triangles on on GBPAUD and LUNCUSD Both have broken down out of there triangle This can lead to a recovery although A double bottom is perfect for this scenario It removes the bearish presence while providing a setup for the bulls to advance On both charts the double bottom could be concealed within a smaller structure
#DOT/USDT #update $DOT broke down from lower line of symmetrical triangle. 🐻 current support zone can cause a pullback to broken trend zone to confirm it as resistance, then continue the bearish trend. 🐮 last support before $5.5 is around $6.5 that if bulls hold this zone they may change the game.
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 looking in favor of BTC now. Currently, it is breaking down from the triangle pattern in 4hr time frame and now retesting the triangle. After this successful retest, we can expect a good drop-in USDT Dominance. As you...
- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout! - If you take a look at volume , we have a massive bullish volume spikes - always good to see. - 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too! - Due to my Elliott Wave analysis - 12345 Impulse wave...
- As per my Elliott wave technical analysis on the weekly chart - we can expect a retracement (ABC) in the immidiate short term. - But in the long term bitcoin dominance should go down and make a new lows. - We have a descending triangle , which is a bearish pattern (on the weekly chart). - If you are an Elliott wave trader, please submit your analysis below,...
- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout! - We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade. - 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here. -...
I'm looking at 6h time frame and have noticed a bear flag the the mentioned targets and at the same time a symmetrical triangle with the targets mentioned on the chart.
TSLA is in a symmetrical triangle, what are your expectations? normally volume will diminish, but that has not happend till now. When being very creative you could perhaps see a Head and Shoulders pattern. haha I will put TSLA on my watchlist if the breakout occurs This is no financial advice
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC took a sudden pump after hitting $18.5k level and it reached to almost $21k level. But this sudden pump of BTC is does not looks good at all. As you see in the chart, This is just a retest after breaking down from the symmetrical triangle...
NYSE:DAL Testing Twitter integration. Looking for feedback on the symmetrical wedge pattern similar to the historical example. If the pattern repeats, it appears to be a reduction of volatility until some time near the funnel when a breakout may occur with significant velocity. The direction in the past was positive, but I suspect this version may have a...
Inverse Head & Shoulders neckline, descending triangle resistance confluence....breakout should give HIGH probability for longs. Targets and stops on chart.....Like & Subscribe. Ask me your questions or drop your thoughts in the comments.