4th bounce after a re bounce of the ascending channel.
Two scenarios may occur in the next period of time.
1. bounce to the upside creating a reverse flag or at least a 100 pips bounce before a crash to the downside
2. A break to the downside at 1.25000 creating a 4th bounce in a higher time frame parallel channel.
Analysis on #Bitcoin
Bitcoin flashing bearish signals as you can see on my chart bitcoin formed a triangle pattern, this is a continuation pattern to the downside.
BTC has been trying to bounce off of the recent bottom but has not been able to do so with each bounce being shorter than the previous one.
I don't want to see the market collapses from here but...
Over the last weeks we had a beautiful triangle pattern forming. Depending on the direction of the Breakout (closure of 1H candle above or below drawn resistance lines) the near-term future of BTC will be decided. If BTC breaks out to the upside, prices could reach approx. 45500 USD before bouncing back. However, the supporting trend line (green) increases the...
Hello guys once again
Here we will discuss about US100 buy opportunity. We can Cleary see 2 big triangles in which price traded over the past over the past 2 months.
The first triangle created a bearish wave over it. So, with recent price action we can see the 2nd wave is creating a bullish wave just under the structure. Which means price may reverse...
EOS on high frame chart has a Triangle Pattern if the price breakout positive or negative the price will run very fast.
you can buy and sell on fib lines or on the previous candles tops and rejoin a breakout or retest.
Best of luck to all traders please share with me your ideas if this Scenario going to work or not. don't forget your stop loss.
we can see that IOST have ascending triangle pattern right now, so it could be a good opportunity for shorting. You can try to short only if price crossing down pattern red support line. Make shore that BTC also going down. This is day trading strategy, not for the long term.
My Neighbor Alice (ALICE) Buy Zone
Mid-Term : Bullish
RISK : Medium
My Neighbor Alice broke out of triangle and looking for a short term support retest before an upside continuation. 67% profit potential
$ALICE/USDT SPOT SETUP
Entry Price : 12.56 - 13.5
TP 1 : 14
TP 2 : 14.7
TP 3 : 15.25
Why this Trade..??
1.Rejection at Fibonacci Level.
Reason mentioned in the chart
Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.
From my previous post, you can see we how had a breakthrough; however, is not what we expected, we wanted a bullish breakthrough but did not happen. INSTEAD, Dogelon created a Higher Low, we had a Low already created back on Nov 4th 2021. If you look at my chart on the daily you can clearly see the High and Low of Dogelon, we have extended our triangle. I'm taking...
- Ascending traingle
- Bullish structure
- 9EMA curling away from 21EMA
Ascending triangles could break either way as buyers are eager to buy up the token in order to break resistance. However, it is definitely not a given that resistance will break.
Target will be the same height as the pole of the triangle. Which coincides with the daily resistance zone....
In the daily chart it's creating a triangle chart pattern and 52k is a strong support. I think it's just a retracement it'll continue to fall untill it reaches 52k and then we can see a moon shot to 84k
Hey traders, kindly support the idea push the like button, share, and comment below.
Analysis of #GBPNZD
A possible triangle pattern might breakout soon to provide a reason to get in a buy trade if the rules for entry are met.
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Before trading my...