In the short term, after crossing the 42500 resistance, it reaches the specified areas respectively, you can target the average of these areas in the short term, but if it fails to cross the resistance area. It will correct and then continue to climb.
Gold price is compressing from december and has now reached lower triangle margin A break downside is possible, need to close a candle 4h under 2001$ to confirm new bearish trend
Bitcoin will reach 37000 Then 52000-53000 If it goes to 53000 before reaching 37000 that will cancel the pattern You can see it more clearly if you change the candles to line chart
WIMI rocketed from 60 cents to $1.50 two days ago and then fell to 93 cents near to the Fib 0.62 retracement which is greater than the typical. The idea is on the chart. So the analysis is a symmetrical triangle pattern with a high normal retracement now at the apex of the triangle with quick compression on the 15 minute chart. Volume is now. Friday...
USDJPY Ascending Triangle, looking for a move higher in the short term to retest the triangle trendline for resistance.
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it bounced from the support line and rose to the resistance line, thereby breaking the 2070 level, which coincided with the seller zone. But soon, Gold turned around and in a short time declined until to...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to flat, where it first broke resistance level, which coincided with resistance area. Then GBP declined to support level and at once bounced up to resistance area, after which in a short time fell back. Price rose to resistance...
LDO looks absolutely strong. It just hit a new all-time high a few weeks ago, and this is serious. What you want to do is buy coins that have reached an all-time high for massive profits. What is the next target? The 3.0 FIB extension is 185% far away, which is good; take profit here. Strong Elliott Wave combos (1)(2)(1)(2) provide a solid trade setup. We can see...
SC is starting a huge uptrend, and we can see that the most important resistance zone is broken. So I have to tell you and inform you about it. The next stop is the 0.618 FIB, and after that, the previous all-time high. The downtrend ended with a pretty nice trendline, and we made a symmetrical triangle at the bottom, which is a very bullish sign. Let me know what...
BINANCE:GTCUSDT is testing the trend and consolidation resistance and apparently has a chance to break through this boundary. The coin is forming a bottom at 0.300, after which the consolidation phase continues, but at the same time, relative to the trend resistance the coin is forming a pre-breakout consolidation. Growing capitalization of altcoins, green...
After the all-time-high in december, i've been following the price and it is possible that each leg has 3 wave count. Last night, price broke down to 2012 level. This could be an undershoot of E wave of triangle with E wave forming complex correction pattern If the price does not go under 2012 this could be a start of the next move up to 2200-2300 area
I can see a chart pattern forming on my major level of resistance, waiting for the B&R of the zone then I go short
Bitcoin breaks the upper ascending triangle trendline with three white soldiers visible in 4H chart. My target is based on the previous pole, 35% rally to $50k or atleast will hit the supply zone around 47-49k USD. Very promising indeed but don't forget to anticipate a fakeout.
Reasons for bullish bias: - Price gave a Symmetrical triangle breakout - Safe Entry above the strong resistance level - Possibility of good gains Entry Level(Buy Stop): 2.48 Stop Loss Level: 1.57 Take Profit Level 1: 3.39 Take Profit Level 2: Open
AUDJPY is trade with symmetrical triangle pattern . We can take entry if it break above trendline , if bulls take control target could be 97.660 SL , TP mention in chart
APT (4h) is ready to breakout of triangle. Target price 12,2$ (+33%)
Diving into the TIA Daily Log Chart got me thinking, and I wanted to bounce some ideas off you all. I've been playing around with measured moves from past breakouts to get a feel for where the current momentum might take a breather. Interestingly, what I found syncs up with the 2.16 Fibonacci extension level. There’s this neat confluence happening right around the...
📉The EURAUD pair successfully broke through a support line of an ascending triangle pattern on a 4-hour chart and ended the trading session below that level. This confirms the control of the sellers and raises the likelihood of the market reverting back to a slight downward trend. The next objective for buyers is to reach a target of 1.635.