Ascending Triangle
"LABS" Every Timeframe is ridiculously a setup for a perfect sto"LABS" Every Timeframe is ridiculously a setup for a perfect storm.. Literally we have every pattern in this coin, contained in from all timeframes concluded.
Cup and handle.. A beauty,,, can be seen on 4hour to daily,,,,.. zooming out to weekly, a perfect inverse head and shouders,,,(ascending triangle) (bullflags on 1 minutes) and a perfect descending channel seen on weekly with ease.
KUCOIN:LABSUSDT
Ascending triangle XAUUSD According to the current market sitution 4h,daily and weekly charts show gold is bullish so more chances are that it breaks the triangle from the above side
Best buying position for gold is 1955 to 62
And Target is 1987 and 94
At current scenario Gold is forming asending triangle ,when market makes Bulish asending triangle it breaks upward and when market makes bearish descending Triangle it breaks downward.
XAUUSD : Gold Breakout Trading StrategyOANDA:XAUUSD
Hi , Trader's as you can see market is trading in ascending triangle
Ascending triangle is a bullish pattern , Price after breakout can reach next resistance level at 1986 area from there it can fall to 1974
It can retest 1974 area which now become it's support line
After completion of retest it will continue it's trend
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an update on XLM's Bullish trendPrice finally managed to break the triangle.the price can easily reach the target(0.13) after a little correction.
Previous Analysis:
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Have a nice day and Good luck.
DYDX/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this DYDX/USDT trade setup.
DYDX looks bullish here. Breaks out from the ascending triangle in 4hr time frame and currently retesting it. Long some here and add more in the dip.
Target:- $2.58
Target2:- $2.72
Target3:- $2.88
Target4:- $3.10
SL:- $2.26
Use low leverage (5x-6x)
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BTC/USD: ascending triangle setupBitcoin forming an ascending triangle in H4 timeframe what we see a potential long position toward $31k.
To view in H1 timeframe, Bitcoin break up this structure forming a lower low in this downtrend line in this chart, what bulls made confirmation that want to lead the price to the new higher high.
In Daily timeframe still bullish, but we can to see another possibility that Bitcoin may to down toward $26k key support level to then see a smart buy in that zone. But well, in Daily timeframe we're in the range, meanwhile in H4 look bullish setup
So guys, I put the trade information in this display to look if you decide to entry to long position in Bitcoin right now.
Meanwhile, I was check out the new features that Trading View team created and I want to study it new emoji, stickers and new features that appear in my tools.
Good luck!!!
BTC short term (1h candle)We recently broke down from our small ascending triangle (blue lines) and hit the target shortoy after perfectly! (White dotted lines and yellow horizontal)
We then quickly bounced upward to retest the bottom of the triangle, which looked like rejection!
Currently looking at other possible plays. Mainly a upward parallel channel (green lines). As you can see we are reacting nicely to the centre line nicely using it as both support and resistance.
Will keep you updated
Near Identical Rally SetupHello! Yesterday I posted an idea based on ascending triangles that turned into a pretty good trade (link below). In this idea, you can see that one included as well. The first set of triangles was yesterday's setup. Today's idea shows another set of triangles that have formed and they are nearly identical to yesterday's. I'm going to leave my long open for now. There was even a small dip at the end of the first triangles that has played out again here. Though I am long I think it's a pretty precarious situation. They won't play out the same way necessarily. There is many other factors I take into consideration when taking a position.
- Yesterdays Idea
Textbook Ascending Triangles - Too Obvious?You can see very bullish looking, clear cut ascending triangles that would point to a breakout very soon. Seems so obvious, too good to be true almost. I find crypto rarely does what seems most obvious. I'm suspicious of these, though, I still gotta lean bullish on this one. They're too perfect to ignore!
Ascending Triangle on NZD/JPY @ W1This pattern on the weekly chart of NZD/JPY resembles a mix of ascending and symmetrical triangles and provides a bullish breakout trading opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the triangle's low at 77.068.
Is there a bearish ascending triangle forming in US oil?- There looks to be the early stages of an ascending triangle forming on the US Oil chart.
- Since the previous trend was down, this ascending triangle should be considered bearish.
- Measuring the height of the triangle's base projected downward from the break-out point near the apex of the triangle, puts price at around the $66 mark.
- Break-down achieved by no later than Dec. 2023.
LKQ - Hidden Divergence - BullishOn the chart of LKQ, we can see a forming ascending triangle and we can see hidden bullish divergence on daily timeframe.
An ascending triangle is a bullish formation. The pattern gets validated when the price breaks out of the upside of the pattern.
By using the Relative Strength Index we can hidden bullish divergence.
A long position can be taken when the resistance of the triangle turns into a support.
See all further details on the chart.
Goodluck!
Buy Bitcoin at 17600 | Secret level
Buy/long Bitcoin at 17600, because there is an unfilled GAP between the previous candles. It's the start of the huge parabolic uptrend, and the bulls will most likely defend this level!
It looks like Bitcoin is going to reach levels above 25000 after we fill the GAP and complete this Elliott Wave corrective pattern (ABC). Currently, we are in wave B.
Why should Bitcoin not fall below the 17600 level? There is no reason to go down because the majority of liquidity is exactly at this point.
What is the target for wave C? Wave C 's target will be specified in one of my next analyses. Make sure you follow me! We need to use a FIB extension from Wave A -> B later to help determine the target. But at this point, we can speculate between 25000 and 39000.
On the chart, I can see a strong impulse wave (A). This gives us a great chance for a continuation to the upside after we finish this correction.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
If you haven't seen my previous analysis, where I told you that Bitcoin could go to 10k, make sure to check it out right now!
At this point, we need to be patient and wait for bitcoin to reach 17600. If we reach this level, it's a good idea to turn bullish again and buy some great altcoins as well.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin to 10K! Disgusting
This is a bearish technical analysis of Bitcoin. It's supported by technical tools, and I am not saying this is going to happen; this is just a scenario because we need to consider all possibilities.
First of all, we need to take a look at the bearish wave from November 2021 to November 2022. It definitely looks like an impulse wave; it's pretty obvious, but I have seen a lot of failed impulses on the other side. You may say that it's not an impulse but a WXYXZ triple-three corrective pattern. It's possible, but in my opinion, these patterns tend to have more sideways price action than steep. You may also say that it's an ABC correction, but there are clearly 5 waves.
Since November 2022, Bitcoin has been going upward. The wave looks very strong, and I think we will reach levels above 25K before a potential drop to 10k to complete an ABC correction. It's very likely that this is going to happen.
Currently we are in wave B, which is a corrective wave, and we could end this wave at around 20k or 19k at the 0.618 FIB retracement.
I do not watch news often, to be honest; I am more of a technical guy, but I can't ignore the Binance bad news. There is speculation about the closing of the Binance US exchange, and their stable coin, Binance USD (BUSD), has some problems as well. But I am not surprised at all. A potential collapse of Binance could send Bitcoin to 10k in just a matter of days. For example, you can take a look at the COVID crash in 2020; it was a pretty fast liquidation of longs.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
10k is a strong psychological level, and there is plenty of reason to buy Bitcoin here. 0.618 LOG FIB retracement and the start of the GAP are definitely reasonable targets.
Like I said before, this analysis is just a scenario that could happen to give you more perspective on the market. I always have a bullish and a bearish scenario ready to execute, so it's not about being wrong or right; this is not how you trade markets.
Let me know in the comment section, do you think Bitcoin is going to drop to 10k? Or we are going to a new all time high.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - Best plan for the next week!
First, Bitcoin is going to drop to 21833 or even a little bit lower at the start of the week, probably Monday or Tuesday. After that, we should see a massive pump to the upside to fill the previous unfilled GAP, which is around 23395.
The bulls should step in at around 21833 because, technically, we will finish the ABC correction from the Elliott Wave perspective. Also, we will close the previous GAP.
Don't get caught with your shorts in this white trendline. I can see this trendline everywhere on social media. If you enter a short, you will get REKT.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I am bearish on Bitcoin overall, and I think we are going to reach 17k-18k before a massive bull market takes us to a new all time high.
If you want more of these short-term analyses on Bitcoin, hit the like right now so I can see if you are also interested in the short-term periods.
The whole crypto market is going to go down, including ETH and XRP. Only a few stronger coins will keep pumping.
Thank you, and do not forget to leave a comment if you trade these short-term moves!
2023 looks awfully similar to 2019, I am Long here. I copy pasted the previous cycle chart and it literally looks like a copy. I am long here, I have confidence that we will definitely not go below 20k. The indicators are also the same, with 1D close to resetting; I expect us to top out at 35k around May 2023.