A symmetrical triangle occurs when the up and down movements of an assets price are confined to a smaller and smaller area over time. A move up isn't quite as high as the last move up, and a move down doesn't quite reach as low as the last move down. The price moves are creating lower swing highs and lower swing lows. XRP is showing a fantastic breakout to the...
as we can see we are at end of Triangle. i'm long on btt
Bat is stuck in triangle. It may long or short according to the formation.
In this video: 5 minute charting analysis Triangle(s) spotted Reverse Head and Shoulders Pattern Areas of resistance Targets and final target of $28
Le rally de fin d'année semble certain. Et pourtant je m'attendais à belle distribution. Season no pullback ?
Chart is self explanatory. Don't invest and trade blindly.
The combination of hash ribbon buy signal and ascending wedge could propel Bitcoin far past the all time high around 20k. We see these all over the charts in Bitcoin. They have a high probability of breaking to the upside. Could also be a Wykoffian reaccumulation pattern. It's less likely the case but it could be a Wykoffian distribution pattern. Prepare for...
#KEYUSDT $KEY hold above ascending support and near to break out descending resistance. keep eye on to break out. nearest target can be around $0.025 (100%) and long term target probably is around $0.04 (200%)
#DGBUSDT $DGB broke out descending resistance and if break out from resistance zone and follow AB=CD pattern, price can touch $0.2
Current RISK ON mood in the markets should likely propel AUDUSD higher as the economies around the globe try to recover. As china is dependent heavily on Australia on trade matters, we have every reason to believe that the AUSSIE will likely gain ground as the recovery in the Chinese exports continue. So from technical point of view, the question that arises is:...
#DASHUSDT $DASH broke out descending resistance and confirmed it as support. long term target can be around $500.
Hi guys, I would like to share with you my long-term view about EURUSD. I hope it will be useful. Let’s start from identifying primary trends (a primary trend last for several years). I’ve recognized 3 primary trends: Period Duration Start price End price #1 Oct’00 – Jul’08 93 M 0.82 1.60 #2 Jul’08 – Jan’17 102 M 1.60 1.03 #3 Jan’17 – today 59...
#DASHUSDT $DASH try to break out from triangle. wait for it and rebuy in pullback. target of triangle will be something between $300 and $350.
Will it break the triangle pattern formed from Dec 2019? Not easy to tell but I'm thinking of a bullish breakout. Time will tell.
#ORNUSDT $ORN broke out from short term descending resistance, break above upper line of triangle will head up price to $18 and $19. break down from lower line of triangle will make invalid the bullish way.
Hi Everyone, Looks like the descending triangle here just broke to the upside. Good set up with nice risk reward here for who wants to follow. If the set up fails and touches the SL we can re enter the trade in the support zone 2. Let me know what you guys think. Cheers!!!
Ada repeats the behavior of the past, I think it can reach $ 4 what is your opinion? Please write your opinion
Hi guys!! I've got something I want to share with you. In case you didn't know, XRP, BTC and ETH and many other coins are going up right now. But we, are going to focus on XRP for today. As you can see on the chart. The price action of XRP had a similar symmetrical triangle in the past. When it broke out, it broke out aggressively. It had a price increase of...