The outlook for CADJPY is bullish. Price is forming an ascending triangle and is currently trading near resistance. There are three possible outcomes for CADJPY: Price breakout to the upside. This is the most likely scenario, as the price is forming an ascending triangle and is currently trading near resistance. Price bounces off of support and continues to...
FX:XAUUSD updates another high to 2431.4 and then begins to shed heavily amid profit taking by traders. The weekend also proved to be fundamentally important for the markets, which may react strongly. Most of the nearly $100 drop is due to profit taking by traders as the price reaches psychological levels, but the drop to 2300-2350 allows to find new buyers at...
XRP has formed a MASSIVE multi-year triangle. Combine this with multi year MACD and RSI in very bullish posture we are really on the precipice of an explosive move in the coming weeks / months. This is a long term play and I think will take a while to happen. Once we get above previous ATH I'm looking at $10 - $20 for the long term target. Patience will be...
Aspen is consolidating in a symmetrical triangle, it has good support in the triangle and the median line of Pitchfork. On the weekly perspective we are in time for a half cycle correction hence I expect the price to resolve upwards. The stop-loss is R185.41
Hi. BINANCE:FTMUSDT Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). A breakdown and successful retest of the pattern would confirm bearish momentum However, if price is able to reclaim...
DELHIVERY observing a falling trendline and forming a symmetrical triangle pattern on the weekly timeframe.
FARM/USDT is on the cusp of a potential breakout. The strategy is to wait for a clear break above the current resistance, followed by confirmation on a lower timeframe. This confirmation will be our cue for an approximate entry point. We’re targeting substantial gains with a precise stop loss to maintain a 3:1 risk/reward ratio. Stay tuned for the breakout and...
OM/USDT is positioned for entry on a breakout of a significant level, with buyers pressing the price for an upward move. No additional confirmations needed; we enter on momentum. Aim for a $1.144 target with a stop loss at $0.744, maintaining a 3.03 risk/reward ratio. Buyers' pressure indicates readiness for a bullish run. Engage now to capture the ascent!
The pirce can not even reach 73k and then get through the red trend line of this bullish. As I pointed in the earlier post, the triangle doesn't complete yet. If the downward momentum is very strong, we can expect a considerable fall. Please leave your cherish idea below and follow me if you agree with my opinion.🥰
Reliance formed symmetrical triangle could continue could reverse i will wait
A triangle is invalidated, another is born and is monitored again. The graphic patterns, as I always write, depict the market's intentions and not the future, they are hypotheses, so they can be invalidated and change scenarios in an instant. Yesterday we had proof of why I am often very cautious and always repeat the same things about prudence and stop losses....
Hi BINANCE:SYNUSDT SYN was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for SYN at $0.80 which was the point where the price started to Increase from the last dump! Traders, if you liked this idea or have your opinion on it,...
As we can see fron the chart, the BTC for ming a bullish triangle. I believe after breaking the triangle, BTC will make new ATH.
JASMY/USDT has breached bullish consolidation with notable momentum. For traders looking to ride the upward trend, placing a buy stop at 0.024 is recommended to ensure entry on continued strength. With a solid risk/reward ratio of 3.01, this trade aims to leverage the current breakout. Stay vigilant for high volume to sustain the move, setting the stage for a...
DISNEY NYSE:DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024 BUY/LONG ZONE (GREEN): $118.50 - $123.00 DO NOT TRADE/DNT ZONE (WHITE): $116.50 - $118.50 SELL/SHORT ZONE (RED): $112.00 - $116.50 Weekly: Bullish Daily: DNT 4H: Bearish A week ago NYSE:DIS broke its bullish trend on the 4H and lower timeframes. The Weekly timeframe still holds the bullish...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago entered to triangle, where it at once rebounded from the resistance line, which coincided with the 1.0885 resistance level with the seller zone and in a short time declined to support line of this pattern. After this movement, the price...
Hi. BINANCE:BNBUSDT Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BNB is testing the important zone on 9H timeframe Ascending Triangle pattern is completed and broken. ✅ Due to the...
Hi. BINANCE:BNBUSDT Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BNB is testing the top of symmetrical triangle on 9H timeframe Up We Go if we manage to break upwards🐃 ✅ Due to...