FOREXCOM:XAUUSD strengthened quite actively last week. The price is retesting the resistance at 2069.8 formed in August 2020. There are reasons for further growth, but also reasons for further pullback. Let's see On D1 we can see that in the frame of distributive movement the price tests the resistance 2069.8 and forms a false breakdown, which activates a...
BINANCE:XRPUSDT is underperforming across the board, although fundamentals, are relatively positive. The coin is forming a consolidation. What should we expect from this situation? XRP is forming a weak, but still bullish trend. On the chart, we see the formation of a sideways movement within a symmetrical triangle. Consolidation inside the ascending price...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 When price entered in triangle, it first bounced from support line and rose to resistacne line, breaking $0.6520 level. XRP in a short time declined lower than this level, exiting from triangle and starting to trades in flat. In flat, price fell to support...
Hello everyone! FLM has formed an ascending triangle with its potential marked at $0.17 after breaking through and staying above $0.10. However, I suggest considering an option with slightly lower profit but a higher probability of success, as if you look at the chart, you can see that there have been several price pumps by manipulators recently. I believe that...
XRP has been forming triangles that start with spikes for a long time. Its conflict with the SEC and lawsuits prevented it from fluctuating and followed a boring chart. However, with new agreements, XRP continues on its way. In the coming days, news of a new deal or a statement about SEC lawsuits may cause a sudden rise and create a new triangle formation....
Hi Traders! EURUSD has broken above its ascending triangle on the 4H chart, and the price action looks bullish as it looks to finish the year off strong. Here are the details: The trendline resistance at 1.10094 has been broken, which tells us that the market is looking to test prices to the upside. The strategy that we are looking to implement is to buy the...
↪️Following a significant upward movement, 📈EURUSD pair experienced a period of consolidation within an ascending triangle pattern on the 4-hour time frame. The neckline of this pattern was breached last trading week, and we are currently witnessing a retest of this level. Based on my analysis, it appears that there is a possibility of another upward movement...
The dynamic resistance has been broken and is moving upward towards the specified targets in the daily time frame . Give me a comment
Silver tested 61% of the Fibonacci last week and fell to 50%. I expect the price to cross 61% and reach $25,187-$25.5. However, there is a possibility that it may break 25.7. If 25.7 is broken, the target will be 44 in long term.
BULLISH CONFIRMATION - uptrend on daily, 4h, 2h - imb created in line with a bullish engulfing indicating that it will be mitigated - upside down triangular formation between trend line and bearish OB - above both MA’s REVERSAL/PULLBACK SIGNS - failed to reach a HH - liquidity sweep after consolidation - supply side liquidity has been collecting -...
the logarithmic chart of the daily time frame. If my hypothetical triangle breaks, it can grow significantly.
Conflux ( BINANCE:CFXUSDT ) presents an aesthetically compelling chart characterized by the formation of a symmetrical triangle , strategically positioned in a key zone, poised for an imminent breakout. The symmetrical triangle pattern signifies a period of consolidation and uncertainty, with the convergence of higher lows and lower highs suggesting an impending...
Hey there, fellow traders! Exciting news on the Solana – it just made a breakout from the $80 resistance level! 💜 If you appreciate our charts, support us with boost button 💜 Picture this: an ascending triangle is in play, suggesting some potential upward action. What does this mean? Well, it could set the stage for Solana to reach the $88 and $100 levels...
Super broke out on contraction as expected, this token did have a fakeout on the 4 hour. Do remember longer term time frames are always better, this is why leverage is dangerous. I expect the token to hit both of my dashed green targets this year. I have been covering this token since the first major momentum swing and those who got in when I did are up 4.6x in...
RNDR broke out from a contraction ive been following towards my bullish target of 5.4. It seems that INJ and RNDR are inversely correlated these days. Expecting INJ to correct as RNDR pumps here.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Playing out quite nicely since the start. 🧵 Hitting many markers for a running triangle. IF it prints, want to see the volume come in. Pretty does NOT equate...
There is a breakout of triangle on weekly time frame. I understand it will reach to 4000/- in next 3 Months Note: It is not at all the buying and selling recommendation and this stock is in my portfolio and there is a high probability that my analysis is biased and could be possible my analysis will go wrong.