TON has been in formation of an ascending triangle for the past year and a half. Also, you can see the side parallel channel here. Huge candle shadow that touched the middle of this channel indicates validity of formation and level that kept the price from further falling can be called strong. However, ascending triangle pattern is a little more than half filled,...
as you can see this could be a huge Symmetrical triangle, like in the case of Bitcoin and S&P this means a change of trend, and a potential 120%
Bitcoin is currently inside a symmetrical triangle pattern , which is a bullish pattern, expected to break in the first/second week of 2024 in my opinion.
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 When price entered to rising channel, it first declined to support line, breaking $2180 level, which coincided with support area. ETH bounced from this line and rose back, after which price corrected to $2180 support level. Then price in a short time rose to...
Buying on a pullback to a flag that has broken the triangle can be a good opportunity to buy R/R=1.6
HINDALCO is moving in a SYMMETRICAL TRIANGLE A good opportunity in HINDALCO either we for long / short by seeing the break out accordingly... For the time being wait and watch. Follow the levels, I have given above chart Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered...
This chart is pretty. I think it can go either way but I'm hoping up. lol So what's it going to be? Nice MA divergence happening at the moment. RSI seems trending up but not quite obvious. Hype for "Year of The Dragon" is real. News cycle is picking up on it as we speak. What's gonna' happen???? (drum roll)
As We Talked in The Previous Analysis: The BTC Price Formed a Descending Triangle Pattern. Currently: The Support Level is Broken. So, I Expect a Bearish Move 📉 TARGET: 41500🎯
Hello Traders! 🌟 Today, we're diving deep into an exciting analysis of the AUD/CAD pair. Get ready, as we unfold the story this chart is telling us across various timeframes! 📈🔍 📊 Weekly Chart: We've spotted a fascinating rectangular channel, indicating a consolidation phase. A key point here is the price rejection at the lower trendline (around 0.85627)....
It has given triangle breakout on the charts also the price action also suggests the bullish trends for the stock. Add around current levels for targets like 1260, 1367 and 1504 in the medium term with a decent stoploss of 1000 rupees.
BINANCE:ETHUSD breaks the consolidation resistance and makes an attempt to enter a new wide range. The target of this maneuver, after fixing the price above the support, may become the area of $3580 The market has been forging consolidations and prolonged retests of the 2300 area for several weeks. After the formation of another set-up, which I warned you...
BINANCE:BTCUSD is forming a good potential and prerequisites for further growth. The key resistance is the level of 44350, and the price continues to actively test this area. On the high timeframe we see the formation of a global range. The potential target from the point of view of technical analysis at the moment is the upper boundary of the range 65K -...
FX:GBPUSD is forging a correction within the local range after a retest of trend resistance. Most likely, a "flag" pattern is forming, which implies further trend continuation. On D1 we see that the price is overcoming the downside resistance and consolidating above the key support at 1.26525. The next year may start with the strengthening of the pound...
➡️Bitcoin is currently situated within an ascending channel, forming an ascending triangle pattern. Notably, it has demonstrated a historical uptrend with approximately 20% gains in similar past patterns. Presently, BTC is supported by 50 EMA in 12H, complemented by dynamic support at 42,150 and static support at 41,760. Short-term price targets are anticipated...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago rose in an upward channel, where it reached the 37700 support level, which coincided with the buyer zone, but firstly it rolled down to the support line of the channel. After this, BTC bounced up to the 37700 level, broke it, and later made a...
Hello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my chart analysis: Since August of 2019 Microsoft stock has been creating a bullish triangle continuation pattern. Recently we saw a breakout above the strong $350 resistance level after which I do expect a retest of the previous structure level and then more bullish continuation...
A descending triangle on the Bitcoin/USD daily RSI chart signals a potential major correction
Silver has gathered enough strength at low prices for 2 weeks. According to the Gold/Silver ratio, silver may lag behind gold maximum by 2.20%. Silver is likely to break its 665-days Triangle in January or perhaps in two days! Now it is time to invest in Silver! Scenario 1 : Silver will suddenly rise to 27 levels and enter a long consolidation at 25.7...