This is a chat pattern is called a descending triangle which has a support and once the price breaks the support is signify a Bearish movement in price as you can see on the chart price just break the support which makes the the bears in control of the market at this point in time so we look forward to the next support which slightly might hold. You never can...
A symmetric triangle is a chart pattern formed by two converging trendlines, where both the upper and lower trendlines slope in towards each other. This pattern signifies a period of consolidation in the market, where buyers and sellers are indecisive about the future direction of the price. As the price oscillates between these trendlines, the trading range...
This is a double bottom on a monthly time frame I would rather prefer looking at it in a line chart but for viewers who loves to view in candlesticks this is for you. A double bottom formed in a downtrend is normally used to describe as a reversal pattern especially when is in a big picture monthly time frame. A break from the neckline sent it above indicating a...
This is a descending triangle on a Higher TimeFrame . I love chat pattern they are always great and they show end of a trend or a trend continuation.Chat patterns are always a good signal in the market will be looking at the Descending Triangle in a triangular form and it broke above the TrendLine shows that the Bears and no longer in control of the market...
Hey guys!!! If you have been looking forward to join the bull run you'll be thinking what kind of coin should I get this is the right coin with the inverted head and shoulder change in reversal pattern formation, giving a signal that the bearish move has come to an end inverted head and shoulder is a chat pattern that indicates a change of direction of a trend.
A falling wedge. Price continuation of a bull market. Falling wedge is a CHART PATTERN formation that can be traded as a trendline breakout where the candlestick break above the down trendline, which it just did on H4 timeframe. Which lead to a bias that the bulls are getting control of the martket. BTC
A descending triangle pattern. I look mostly for pattern formation which shows the direction of the next move price is heading. We can see in the chart how price has been on a bearish move, which leads in the formation of a triangle, also triangle make a Downward trend, when we connects the peaks, we get a trendline. The trendlines has made different touches and...
Price just make a chart pattern formation. Based on how price chart pattern works the candlestick will have to close above or below the trendline to identify where next price is going in the scenarios price break above the down trendline line giving a signal that price is about to be bullish.
Price making a falling wedge and breaking out of the trendline before the fed decision on Wednesday.... if it's positive for BTC the it's positive for STACK, the buy will continue. But we will have to wait for a retest to go long for some of us who are late.
The eliot's wave count on the usd/jpy. The dollar has been so strong since the start of democratic president and has been moving on a wave count. We have 5 waves count which is shown on the chart. The USD is now moving from the 4th wave heading to the 5th wave to complete Ralph Eliot's wave count.
I want to use this medium to wish you all a HAPPY NEW YEARS . is my first publish trade for the year of 2023 have a bless full year. Alright, after a long year of 2022 on a bearish down-side move for BITCOIN price has decide to make a bullish chart pattern formation, On a daily time frame there is a trend reverser chart pattern THE FALLING WAGE . With the...
i can clearly identify a change in trend and a ranging market. with the help of a channel i identified price ranging within the channel, so i expect price to play a full schematic distribution settings before continuing with the current trend. it all depends on the #BTCUSD trend and fundamental bias. BINANCE:BTCUSD
On the technical out look we have a chart pattern formation, which is called the symmetrical triangle. A break of a candle stick out of the trendline which of course has broken out of the symmetrical triangle signal Bullish move.
The channel on this chart show how the bulls try to a move towards the upside but had no momentum. Break of that channel makes the bears In control. Now a break of 20k support level that might lead to free fall of Btc
Stock have been real down it looking for a strong support which most likely it has been found now creating a bullish pattern a break above that resistance complete the inversehead and shoulder