Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
AVAX / EURO Relative strenght here along with INJ ✅Nice potential ascending triangle breakout ✅Breakout in OBV ✅Volume increase, above 100Day & good R:R I have been sitting on an AVAX position since the last crypto cycle and have not added to it. I might today though..... CRYPTOCAP:AVAX CRYPTOCAP:INJ #Altseason2024
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: In 2020 Amazon created a beautiful triangle breakout which was followed by a +75% rally and then a -50% correction. After the correction was over, Amazon perfectly retested a confluence of support and reversed aggressively towards the upside. Considering that...
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the...
Hi. COINEX:LTCUSDT Today, I want to analyze LTC for you in a Weekly time frame so that we can have a mid-term view of LTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). LTC/USDT is about to break out of the symmetrical triangle on weekly timeframe🧐 ✅ Due to the Ascending...
#SUIUSDT T:F - 1 D We can see a DESCENDING TRIANGLE formation on #SUIUSDT, which generally indicates break to the DOWNSIDE. DYOR(Do Your Own Research) #SUIUSDT #crypto #Patterns #thesoumyoroy Hit 🚀 if you guys like my No Complex Analysis
Remember that we are anticipating the inflation rate today, which could prompt a significant reaction from ⚠️Gold. The market is currently showing a descending triangle formation on the intraday chart and is testing its neckline. If the price breaks and closes below this level, it could signal a strong bearish trend, potentially pushing prices down to the 2163...
Currently, the price of the XRP has reached the descending trend line from higher timeframes, which is identified by the highs of April 2021 and July 2023. Additionally, this trend line serves as the upper boundary of a symmetrical triangle. A similar symmetrical triangle pattern has also formed on timeframes from 1D and below, and the price of the asset has...
when viewed from the chart above, it indicates that the RNDR crypto asset is currently experiencing a strong upward trend (bullish ascending). If the price of RNDR manages to break the resistance level at $12.8, it is likely that there will be further gains. The potential price target after the breakout is between $15 to $20. This suggests that there are...
After resting, Shiba can go up as much as it went up for some time, in fact, it can be said that Shiba has set an ascending flag, and it will go up to the length of the flag pole and hit its previous ceiling and go higher.
Greetings! This is my long-term analysis of bitcoin based on the logarithmic chart. I notice that there are price patterns that are repeating. 1.March 2013- September 2013 1.January 2015-September 2015. 2. November 2013-August 2015. 2. January 2021-August 2023. 3. April 2020-November 2020. 3. January 2023-August 2023. I bet bitcoin would do the same pattern...
We're starting to see a clear bullish triangle form. Not financial advice but look for a breakout to the upside sometime later this month
Bitcoin formed an ascending triangle formation on a 4h time frame. We see a confirmed violation of its neckline. It is a strong bullish trend-following signal. We may expect a bullish continuation to 74000 now. ❤️Please, support my work with like, thank you!❤️
The EUY (EUR/NZD) pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a triangle pattern. Key Points: Buy Entry: Consider entering a long position around the current price of 1.7725, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial...
#ACE The price has been moving in a downward channel since December 20, 2023 The price is expected to bounce up again and break the pattern upward In successive upward waves Current price 9.10 First goal 9.54 Second goal 10.54 Third goal 11.88
Analysis: EUR/GBP is exhibiting a bearish breakout from a descending triangle pattern. This technical development suggests that the GBP is gaining strength against the EUR. A break below the triangle's support line often precedes an accelerated downtrend. Supporting this bearish outlook is the Relative Strength Index (RSI) currently trading below 50. This...
Now I changed my view on all global Indices, any dip looking forward to buy the dip. My stop losses is in place and tight stop losses for now until it breaks last month high. I think we are in major wave 5 and we are in 3(5) in minor cycle considering Elliot wave theory. this is just my study and I might change my view depending on price action.
Wayfair is an e-commerce platform for furniture and home goods sold online. It has had gradually decreasing volatility on the daily chart in a symmetrical triangle, W is halfway between the past earnings in early February and the upcoming in May. Price is currently also compressing inside the triangle and halfway between the mean VWAP and the first upper...