The price has been trying to break the key level (1.33) for over a month now. After being rejected several times(7) it dove deeper to one of the support levels (1.06 as expected in the previous publication- see related ideas). Now we can assume, that additional buyers were attracted by this dip, and after 7 rejections we can assume there's a better chance to see...
- Streamr - DATA - Rank #424 - Token - DATA is currently breaking out of the symmetrical triangle. - After that, explosive move will folow. - Bullish volume is higher and RSI is prepared. - Profit target is 1.618 FIB extension. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please...
- TomoChain TOMO - Rank #296 on coinmarketcap. - TOMO looks very strong on the weekly time frame. - We can spot an ascending channel, which provides us with a good support/resistance. - Due to my Elliott wave count, we are currently in the 5th wave. - RSI is ready for another pump very soon. - The price is printing an ascending triangle - bullish continuation...
A symmetrical triangle on the verge of a breakout! Price broke above 100MA today with good volume! Can enter longs here keeping sl below the recent low! If price breaks and sustains above $9.5, we may see some big movement in the alt! A GOLDEN CROSS will add extra cheese to our pizza!!!
Since the previous upward rally of MATIC which started from 2 November, 2020 pushing the price from 0.012$ to 2.7$, MATIC has gone into a consolidation phase forming a Symmetrical Triangle for the past 25 weeks as shown in the picture below: The 5 Triangle Waves (ABCDE) forming on the chart invalidated the previous Inverse Head and Shoulders pattern which was...
GRT head and shoulders pattern looks promising. please Note: Next week Solana ecosystem conference will definitely effect its coins. #not a financial advice
there is 2 possible scenarios : Success break out the triangle and pump to target levels or breaks down the support at 1.7 and retest 1.6 and 1.25 My idea is uptrend scenario and waiting for good entry point after success break out
$SUSHI to test that trendline resistance near $14 soon. In a large symmetrical triangle pattern, need breakout with volume
As we can see price broke the descending triangle pattern to the down side. i think price will retest and continue you bearish to 154.500 area before going bullish. Currently waiting to see how price will react to current area while also waiting for candlestick confirmation.
AKRO is looking super bullish with a cup and handle in play, long term target of between 5000-6000% pump. Yes a 50x if the pattern continues to play out. Until then we have some short term targets to hit. Target 1 - $0.40 Target 2 - $0.52 Target 3 - $0.61 Target 4 - $0.72 Target 5 - $1.00 LONG TERM TARGET £2.00-2.50 Not Financial Advice!
After 125% run-up, this nice mover formed ascending triangle. The next big resistance (former support) is 70% up from here, so it could be worth watching this one. It's not unusual these days to see break down from it, a retest of one of lower support levels, and then shoot up from it. So keep watching this one even if it breaks down, could be just temporary....
*** Inside a bullish price channel *** Inside a triangle *** Exceed the triangle = 64885 then cross 66960 = 70440 *** Triangle fraction = 58719 then 55283 *** The area 64885- 66960 is extremely dangerous
be careful at $2.9, it could slide to $0.1 easily.
USDCHF Daily timeframe is making symettric triangle .. U can buy for long term now ...
Hey traders, AUDJPY reached year's high last week. Coiling on that the price formed a dodji candle on 3 days. Contracting within a symmetrical triangle on 4H time frame, this morning it was broken to the downside. Now the price may drop lower. Intraday supports: 84.75 84.35 For safe entries consider the occasional retest. ❤️Please, support this idea with...
Confirmation: 1. Hammer candlestick (4h) 2. Triangle breakout 3. Major support "It's Time To Rise Up"
I have SOL for sometime now and I just love it. Just recently it experienced a breakout and hit both my TP1 and TP2, then it had a pullback and the bulls are very strong. My TPs are as seen in the chart and will try to keep you updated. As a trader I try not to look far away into the future and keep my eyes in front of me, so these TPs are just the start and will...
SHORT trade analysis on GBPJPY . Graph is looking bearish from Descending Triangle Pattern . Price recently broke the Triangle and is about to retest . If so, I expect price dump to Liquidity Zone . Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own opinion about it, feel free to write in the comments.