LUNCUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher. WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Triangle pattern breakout in 4 hours. Surge in Volume Very bullish for the Past 2 days
BINANCE:SLPUSDT needs to hold the bullish momentum. Price may reach PWH (Previous Weekly High)
Opportunity to go long KTOS on the breakout from the symmetrical triangle. First PT 19.01, which is one penny below the YTD high of 19.02. Second PT of 19.48 would take the stock to a new 2023 high. SL at 18.21.
The iShares MSCI Brazil ETF has squeezed into a tight range since the coronavirus pandemic, but now it could be nearing a breakout. Today’s chart uses two-week candles to display the price action since 2016. First consider the falling trendline since December 2019, along the highs of 2021, 2022 and earlier this year. EWZ jumped above the line last week after...
On 1W timeframe - BAT is on its main support and approaching major trendline - Stochastic RSI is too low and about to go higher It's time to keep your eyes on it We expect more volume for breakout. I bought some on SPOT . Follow me for more chart analysis. Patience is the key to success DYOR
The outperformance of this stock is likely to continue. The stock is gearing up for a ascending triangle breakout. The volume is shrinking (which is ideal during the pattern forming period and should pick up upon breakout) as the price is spending more time inside of this triangle. The stock is getting constant support from the rising trend line and 320 is the...
Sideways for six months. Each local pump has support for significant volumes. If you have been accumulating or have recently made a buyback, this is an excellent move for you. Moving averages could potentially form a bullish crossover in the near future. Taken together with market conditions as a whole, this is an opportunity.
Lumen's mid to long-term is a return to '22 levels and a return to the global ascending triangle originating in 2017. The ongoing smart contracts development, the launch of which is scheduled for early '24, will finally bring new breath into the chain. Keep your eyes on first decentralized finance protocols to launch on the network - they are flagships and will be...
We can see here how the bottom trendline of this brown symmetrical triangle has held support since early 2020 and will likely continue to do so. We can also see that we are on the verge of a weekly golden cross with the weekly 50ma (in orange) looking like it will cross above the weekly 200ma(in blue) shortly after the next bullish impulse in price action. Those...
Bitcoin - CRYPTOCAP:BTC Short term BTC Chart that's not really my style but I thought it was interesting. We are on day 13 of being overbought on the RSI. In the 3 examples below, recent history suggests we can remain overbought in the RSI for 23-26 days on average (12th - 14th Nov) Please recognize that in past bull markets the RSI remained oversold for...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Formation of an ascending triangle on such a large timeframe. Working out of the previous descending triangle is shown by red lines! Price is clamped in the triangle, volumes are decreasing, there is a possibility of accumulation of coins before the breakout and achieving the specified goals Thank you for your attention
The main trend(most of it). Logarithm. Weekly chart. Coin in coinmarketcap : TRX An idea to understand the trend and visualize the formation of a bullish formation in a bear market and such large size. The reversal/jamming zone is yellow levels. Quite a long time the price is squeezed the final phase of the triangle. Volatility is decreasing. At the...
Gold has already retested the 1990 area. Now, we anticipate a decline towards 1924 in the coming days. If any daily candle opens above 1992, we will reconsider selling. Currently, we observe significant bearish moves. I have posted a lower timeframe, providing insight into the ascending channel. I am awaiting a breakout; once it occurs, gold will be in our favor.