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Ascending Triangle

XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance. Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple. Resistance levels: 2.5, 2.73, 3.05 Support levels: 2.337, 2.2, 2.00 Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin. Regards R. Linda!
Long
by RLinda
2
BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally. Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered. Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K. As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term. Resistance levels: 99.5K, 102.5K, 103.5K Support levels: 95K, 91.7K Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
22
NEAR can ascend further!The price has faced a volume shortage after breaking the ascending triangle, which is well indicated by the divergence and volume. Technically, in the first scenario, the price can drop to the support line of the triangle and then reach the 0.618 line, or it may fall below the support line of the triangle and reach the 0.382 Fibonacci line, causing traders to get liquidated as usual, and then price rise up. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
Raymond 1 d chart signalling price action Raymond is looking in the uptrend after making a low near 1326. It is reversing from there on daily chart . Ascending triangle pattern is forming and is about to complete the same . Volume is Supporting in this uptrend . RSI momentum is showing intact with higher high with Price in conjunction. Both are in same tandem . Signaling bullish momentum. If price closed above 1829 on daily chart further bullish Moment can be expected . If price closed below 1428 on daily chart further bearish Moment can be expected .
NSE:RAYMONDLong
by Tech_Mak
Ascending Triangle in Nikkei/Yen Futures: A 2025 Bullish Setup?1. Introduction The Nikkei/Yen Futures, a crucial instrument for traders aiming to capture movements in Japan’s equity index and its currency dynamics, presents an intriguing setup as we step into 2025. An ascending triangle pattern, a classic bullish formation, is emerging on the chart, signaling a potential breakout to the upside. Adding to the technical allure is the depletion of sell unfilled orders (UFOs) within a significant price zone between 40,420 and 39,685. This critical area, revisited six times since late July 2024, has seen a steady reduction of unfilled sell orders, opening the possibility for bullish momentum to dominate. With the price currently hovering near the 39,685 level, the stage appears set for a breakout opportunity. 2. The Technical Setup The ascending triangle, characterized by a series of higher lows converging toward a horizontal resistance level, often signifies bullish pressure. In the case of the Nikkei/Yen Futures, the horizontal resistance resides near 39,685, the lower boundary of a key sell UFO zone. This resistance has been tested repeatedly since July 2024, with each revisit chipping away at the sell orders within the zone. Such behavior suggests diminishing selling pressure, setting the foundation for a breakout. The anticipated target for this breakout, calculated using Fibonacci projection, is set at 41,380—aligning with historical price action and technical projections. Key Contract Specifications: o Regular Nikkei/Yen Futures (NIY1!) Contract Size: ¥500 x Nikkei 225 index Tick Size: ¥5 Point Value: ¥2,500 Margin Requirement: Approx. $ 1,500,000 JPY o Micro Nikkei/Yen Futures (MNI) Contract Size: ¥50 x Nikkei 225 index Tick Size: ¥5 Point Value: ¥250 Margin Requirement: Approx. $ 150,000 JPY These details ensure accessibility for both institutional and retail traders, with the micro contract enabling smaller capital commitments while maintaining exposure to the same underlying asset. 3. Forward-Looking Trade Plan The technical evidence supports a bullish trade plan for Nikkei/Yen Futures: Trade Direction: Long Entry Price: Above 39,685, confirming a breakout from the resistance level. Target Price: 41,380, based on Fibonacci projections. Stop Loss: 39,120, targeting a 3:1 reward-to-risk ratio to manage risk effectively. Reward-to-Risk Ratio: 3:1 (Calculated: 41,380 - 39,685 = 1,695 reward; 39,685 - 39,120 = 565 risk). The trade parameters apply to both the standard and micro contracts, offering flexibility in position sizing. Traders with smaller accounts may opt for the micro contract to manage margin requirements while engaging in this high-potential setup. 4. Importance of Risk Management Risk management remains the cornerstone of any successful trading strategy, particularly when trading leveraged instruments like futures. Here are key considerations for managing risk in the Nikkei/Yen Futures trade setup: Stop-Loss Orders: Placing a stop-loss at 39,120 ensures a predefined risk level, protecting traders from unexpected market reversals. It’s vital to adhere to this level to maintain discipline and avoid emotional decision-making. Position Sizing: The availability of micro contracts (MNIY1!) allows traders to tailor their position size according to their account size and risk tolerance. For example, trading one micro contract involves a significantly smaller margin commitment compared to the regular contract, making it suitable for retail traders. Defined Risk Exposure: Leveraged products like futures can lead to substantial losses if risk is not clearly defined. Using stop-loss orders and trading within calculated risk parameters prevents the potential for undefined losses. Precise Entries and Exits: Setting the entry above 39,685 ensures a systematic approach to triggering the trade based on the expected breakout. Similarly, targeting 41,380 using Fibonacci projections ensures that profit objectives align with technical analysis rather than arbitrary levels. By prioritizing these aspects, traders can mitigate risks while maximizing the potential reward from this bullish setup. 5. Closing Remarks The Nikkei/Yen Futures seem to be poised for a potential breakout as we enter 2025, driven by a combination of technical factors and diminishing sell-side unfilled orders. The ascending triangle formation strengthens the bullish bias, with the calculated Fibonacci projection of 41,380 offering an attractive target. Both the standard and micro contracts cater to different trader profiles, allowing participation regardless of account size. As the price approaches the critical 39,685 level, traders are encouraged to stay vigilant, using real-time CME data to track developments and validate entry triggers. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME:NIY1!Education
by traddictiv
(Update) !!! Daily Chart Analysis (READ)POPCAT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) . Previous Analysis ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
The last bullish chance of STX in Mid term!As you can see, the price is in an ascending triangle and is also forming the handle of a cup and handle pattern. Each of these patterns indicates a bullish trend in the medium term. We just need to wait for these patterns to break out to reach the desired target. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
Prepare to fly with DOGE!After this heavy drop, DOGE has now formed an ascending triangle in the Daily time frame, which could be a sign of a bullish trend. Please note that this analysis is in the daily time frame. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
GRTUSDT can do a bullish movementI don't see a good volume for an upward movement at the moment, but at lower points, it can be said that there are better buying opportunities. However, in the long term, it can be a good option for hold. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
(Update) !!! Bitcoin Analysis : Bull or Bear ? (READ)BINANCE:BTCUSDT Currently, it can be said that Bitcoin has completed its fourth corrective wave and from now on, the price can be expected to rise to the top of the triangle. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSD
by CobraVanguard
7
Ascending Triangle Breakout For ZCashDec 8 Private Post- With privacy continuing to erode globally at an alarming rate we will continue to see an influx of capital allocated to assets like Zcash, Roger Ver & other OG Crypto investors will Ape into privacy coins due to an alarming enforcement. Zcash is showing multiple bullish indicators. The Williams alligator is trending upwards in a bullish fashion, the bands are widening to the upside and the price is bouncing off the bands displaying strong support to the upside at the upward sloping support of the pattern. We could see a retrace to the blue band of the Williams alligator at approximately $52 USD. But why penny pinch, $370 USD incoming in 2025, Alt season hasn't even started yet and Zcash is going to go from an Alt coin to one of the main cryptos due to privacy features. Zcash has tested the upward sloping support of the ascending triangle over half a dozen times and each time the price increases to create a micro higher high & lower low.
COINBASE:ZECUSD
by satoshi123
BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August: A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution). But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful Resistance levels: 101.8K, 104.1K Support levels: 98.9K, 94.15K Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Long
by RLinda
33
Nobody appreciates it !!!As I mentioned in my previous analysis, Bitcoin managed to break through the triangle pattern and experienced significant growth. Now, the price is forming a bullish pennant pattern, which could lead to further growth after the pennant breaks. Previous Analysis Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
1