BINANCE:DOGEUSDT The leading meme coin, presents a compelling case for a bullish trade opportunity. Technical indicators on the hourly chart have aligned, signaling potential for growth. A bullish price action coupled with a recent upward breakout from a symmetrical triangle pattern suggests a momentum shift favoring the bulls. While historical bearish...
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📈 The USDJPY pair fell to an important horizontal support level. It then rebounded and created an ascending triangle pattern on the 4-hour chart. The price managed to break above the neckline of the triangle, which could signal a bullish trend continuation towards the targets above.
Hello Traders ! On Friday 8 March, The USDCHF Reached The Support Level (0.87519 - 0.87426). The Price Formed an Ascending Triangle. Currently, The Resistance Level is Broken ! So, I Predict a Bullish Move📈 --------- TARGET: 0.88400🎯
Here are some guidelines for determining the next steps regarding UPL: Consolidation: UPL has experienced a period of consolidation for over two years, forming a symmetric triangle pattern. Breakdown and Retest: There was a breakdown from the triangle pattern, followed by a retest, which resulted in a continued downward movement until reaching a 52-week...
I see a strong bullish confirmation on USDCHF after a test of a key support: The price formed an ascending triangle formation on a 4H time frame and violated its neckline. I think that the price will reach 0.8855 level soon. ❤️Please, support my work with like, thank you!❤️
BINANCE:ADAUSDT is forming an interesting potential that may allow the price to break out of the current range and head towards $1.25. There is an interesting situation on W1. A breakout of 0.746 level is formed and price consolidation above the level (On D1), which allows the bulls to cfrm an intermediate bottom. If we pay attention to bitcoin, on H1 the coin...
BINANCE:NTRNUSDT takes the spotlight. Our latest charts reveal a dance of demand and resistance between the magenta trendlines, signaling a potential pivot point from where we are. With trendlines converging, NTRN’s voyage may soon turn in our favour a swell. The analysis is captured at a significant juncture, suggesting a potential strategic entry point guided...
Ada now completing a triangle as a way to start wave 3. The possible retracement point is 0.382, where I labeled point D and wave 2 on the chart. DYOR
Was asked to look at this one by request, otherwise not super familiar with this chart but am familiar with the token. A quick and simple take on QNT's weekly chart, showing the daily 50/200 EMAs: Long-term, Quant looks like it exited a triangle with a bullish breakout back in November. It has since re-tested and remained above. Some confluence for this is...
USDMXN has been under pressure for a few days now and I am not expecting it to stop soon. The US Dollar has been going down because of expected rates cuts to come this year and the mexican peso still benefits from a tighter monetary policy. Now that the fundamentals are in the favor of a continuation to the downside, we can observe on the daily timeframe the...
Do I see a triangle continuation pattern forming? (in red) I say speculative view in the title of this Idea because none of the patterns I think I see have completed yet. As a trader, you have a higher probability of trading after validation/confirmation of patterns rather than anticipating their completion. But it's fun to speculate sometimes : ) We could...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: After the quite expected break and retest on Bitcoin in December of 2022, Bitcoin started the next bullrun with a move of +350%. Furthermore Bitcoin is about to break out of a long term ascending triangle formation which could lead to seven-figure price targets....
Double bottom apparently forming. Price is testing the 150 resistance but it doesn't want to go down, it keeps pushing it up. I think is going to try to break up the triangle again. Not sure if it's going to make it through at the second try but eventually it will.
The support at 200 has been broken and confirmed in the monthly timeframe. Now bears are going after the 165 support (neck) level. We will see a lot of bouncing and pull backs. If it loses the 165 the only thing that can prevent a total collapse is the uptrend line. Also the 100 level is very strong. But doesn't look good in long term. I might take advantage at...
tata communication has given a breakout recently through a falling trendline and also triangle. the breakout is with good volume.
I think SSIA is about to break out of its triangle B wave. Let's see if it holds above the 200 week MA. The 20-week MA and 200-week MA is about to cross also. At least we are going to 600. Hold tight
FX:XAUUSD stops after a strong rally. A new ATH = 2195 is formed, after which the market starts the correction phase. The support 2175 is broken and the price tests 2150. There is a probability of continuation of decrease but after resistance retest. The fundamental background has been maintained since Tuesday. Yesterday we got CPI positive for the dollar,...