Stonksdemais

Stonksdemais

Just a confident speculation

Stonksdemais

Good morning traders it's one of the most popular triangle price formations that falls under the category of continuation patterns. However, as the name suggests, it can be traded both ways

Stonksdemais

Just an update from my last analysis 840,505,395 Volume 14:30 ( UTC -7)

Stonksdemais

Hello everybody just an update of my latest strategy :)

Stonksdemais Updated 

Hello everybody! 1.314.079 M volume 22:12:43 ( UTC-7) Symmetrical triangle pattern, now let's make some money, shall we?

Stonksdemais

Hello everybody! just a quick update on my analysis LINK/USDT

Stonksdemais Updated 

16:58:43 (UTC-7) Registered 33.875.850 USDT Hey everybody! how was your trading last month? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope !

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1. After a long bullish trends, the price rises to a peak and subsequently declines to form a trough. 2. The price rises again to form a second high substantially above the initial peak and declines again. 3. The price rises a third time, but only to the level of the first peak, before declining once more. Head and shoulders patterns can also signal that a...

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Place a stop loss just outside the pattern, on the opposite side from the breakout. For example, if buying an upside breakout, place a stop loss just below the lower trendline. If going short on a downside breakout, place a stop loss just above the upper triangle trendline.

Stonksdemais

Symmetrical triangles are often considered as a continuation patterns (suggesting a pause or consolidation in the prior trend), rather than reversal patterns, but however, this is not a strict rule. in white we can see a symmetrical triangle with a breakout Within these formations long-positioned and short-positioned players could not prevail each other, until...

Stonksdemais

The Symmetrical Triangle chart pattern is a really effective chart pattern that you can use for swing trading . Because the symmetrical triangle is considered a continuation pattern, you should watch for the breakout to occur in the overall trend direction. Symmetrical triangles can be very profitable when you trade the breakouts that happen either downwards or upwards.

Stonksdemais

Symmetrical triangles are continuation patterns of the prior trend .This indicates both the sellers lowering their offers, while buyers are raising their bids. Eventually, one of the trend lines will break to trigger the next leg in the preceding trend. These triangles usually will have three contact points before they trigger the break (A and B) The longer the...

Stonksdemais

If, on the other hand, the ETH resistance is stronger and creates a downtrend line while support has formed a rising trendline, a Symmetric Triangle pattern forms. Here's what I found :)

Stonksdemais Updated 

Hi guys, I am still bearish medium term but who knows for short-term, Bulls need to break 7700. well, our market cap still going down we're over 185,260,417. USDT , After that sharp drop in price, some sellers close their positions while other sellers decide to join the trend, making the price consolidate for a bit. As soon as enough sellers jump in so we’d put...

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news.bitcoin.com

Stonksdemais

BTC/USD still following Andrew's Pitchfork with the pink resistance line. Be patient Everything is coming when you least expect it.

Stonksdemais

Hello folks, A descending triangle is when the upper trendline is sloped downward, while the bottom trendline is horizontal.I placed a stop loss just outside the pattern, on the opposite side from the breakout.

Stonksdemais

BNB/BTC analysis , KEEP CALM and JUST WAIT