XAUUSD's price need to break 2031.05 , which is wave (iv)(red) to confirmed muti months peak @ 2144.64 or else price could reach 2160 +/- on New York Session.
Just under 42K in BTCUSD is the 50% Fib of the entire drop from record highs to the 2022 low. It is also the objective from the recent triangle breakout. Note: this is very counter momentum - which are usually works out pretty quickly - either in profit or loss! Also - the triangle is probably part of a bull pennant in which case the upside objective is more like 49K.
Brent crude oil looks to have made the 1st leg lower in a new long term downtrend Trade: Wait for bounce from recent thrust lower to cluster of resistance to go short
Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
Either we are dealing with an ascending triangle (bullish formation), or we may witness a retest of the rising wedge (bearish formation). I am a man of honor. If the price of bitcoin stays above the green line for the next month, I will congratulate every bull, especially @jdo85 as I once promised him. I myself will probably change my bias to bullish. Otherwise,...
Hey Gang! Been a while - But it may be time for the crypto space to be coming back to life again! This is the market cap of all altcoins as we can see here we had what seems to be a successful breakout and current retest of money flowing into altcoins Grabbing a bag of any top 20 altcoins - cant go wrong imo
Pullback to resistance in the triangle. Bound for new levels as the DOT testnet. Volume kicks in and will continue to gain traction as the next BTC halving comes closer and closer.
Like many other asset classes, TVC:SILVER is currently on the verge of breaking out of a year-long asymmetrical triangle Silver miners AMEX:SIL are lagging the silver trend and could perform well in the near future if the silver breakout is successful
Gold is Broken large ascending triangle on the weekly time frame and also at C&H if it follows these patterns we would have seen gold's biggest historical rally. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ previous Analysis ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
🔻 CRV in a Falling Wedge: CRV (Curve DAO Token) seems to be in a falling wedge on the weekly timeframe, but the pattern isn't entirely certain due to the shortness of the preceding wave. 🔺 Expanding Triangle in Shorter Timeframes: In the 4-hour and daily timeframes, CRV is moving in an upward expanding triangle (I will update the analysis with this pattern...
Bitcoin is in the channel as well as the Crab pattern. Also Broken the Ascending Triangle which could very well push the price up, the price will easily reach 40k. 🟡Summery: The price is in the ascending channel. Broken the ascending triangle. in the Crab Pattern. Price in the PRZ zone. EXRet 1.618= 3940$ previous Analysis: 🤑Stay awesome my friend. _ _ _ _ _...
XLMUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
Chart of Ethereum (ETH), a true pioneer in the crypto realm. ETH is currently unfolding within a vast ascending triangle, and within this structure, an intriguing pattern emerges—a Double Bullish Triangle on the daily timeframe. Join me as we decipher the layers of this chart and explore potential scenarios for Ethereum's next moves. 📈🔄 Decoding ETH's Chart...
Today, let's shine a spotlight on BEAMX, an emerging star in the crypto galaxy. Despite being a newcomer, it's showcasing unmistakable bullish vibes, setting its sights on the $0.5 milestone. Join me as we explore the promising trajectory of this budding coin! 🌌📈 BEAMX's Stellar Prelude: Genesis of Optimism: Fresh Arrival: BEAMX has recently entered the crypto...
Although there was a recent breakout above the horizontal 38K resistance line, COINBASE:BTCUSD was unable to maintain above this level. We can see on the daily and 4h chart that BTC has evolved into an ascending triangle. Bullish scenario : An ascending triangle is usually a continuation pattern so more upside is possible if BTC manages to perform a (real)...
I see an ascending butterfly pattern for Shiba, as I said before. But Shiba can complete this pattern after the pullback, so going down fast and then pumping Shiba is not out of mind. Shiba After completing the pullback, it can grow significantly.
Bitcoin is testing the upper boundary of an ascending triangle formation on a daily. In an uptrend, such a pattern is a very strong bullish formation. Its neckline breakout - a daily candle close above 38500 - will give you a strong bullish confirmation. A bullish continuation will be anticipated to 39900 then. ❤️Please, support my work with like, thank you!❤️
While some voices in the market are calling for ETH to reach all-time highs, it is crucial to approach these predictions with a cautious mindset. As traders, we understand the importance of thoroughly analyzing various factors before making any investment decisions. Let's take a moment to consider the current situation and its potential implications. ETH has...