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Ascending Triangle

#XEC have potential profit up to 100%Here is the reasons to buy XEC: 1. 4 days later will be full moon phase which is human psychology going to more confident in trading. 2. There are ascending triangle bullish pattern in 4hours timeframe. 3. Has been confirmed in multiple strategy like RSI, TSI, EMA 5, EMA 9, etc. Look the green checklist at right bottom. 4. Candle postion in the middle area of swing trend line Higher High and Higher Low which mean XEC on the way to bullish. 5. If you set timeframe 4hour, the candle position is above of MA200. The reasons to not buy XEC: 1. Candle still below of MA50 in daily timeframe. 2. BTC still sideways. Signal : Buy: 0.000053 SL: 0.000048 Conclusion: If you have a plan for trading in short term, this is the good time for you to buy XEC. The risk is around -9.45% but the reward is 90% up to 100%. Note: - This idea is for trading in Spot market. - I'm not your financial advisor, so I don't have responsible about your money.
XLong
by aalfiann
1
Bitcoin Delivers Hopium as the Ascending Wedge ContinuesMy continued Bitcoin analysis gives me great indication that the Digital King has yet to reach its regional bottom. $32.7-8 is expected to be a very key range as for resistance. Based on Elliott Wave Theory and Fibonacci sequencing, $22K-$25K are also expected to be key levels of support. All indications are based on the science of price action! No other indications are used primary however, RSI levels are often considered secondarily.
BITFINEX:BTCUSD
by DigitalSurfTrading
3
Long BTCUSDT (Ascending Triangle)Bitcoin is making an ascending triangle which forms higher high and lows. The whales are tempting you to short bitcoin so that they can push the prices up by doing this sideways movements. The rectangle shows the strong demand zone at 29k whereby the broken resistance turned support and now we are back in this area. Do you ever wondered why the whales keep defending this area? This is because they are accumulating shorts and piling up their btc spot positions for it to move up further. The shorts of liquidation map is piling up, guys you all should go long because they will rekt the shorters. It shows a strong demand on this 29k area for bitcoin , It should had filled the CME gap at 29k but it didn't because btc is very bullish , the whales are accumulating. It is trapping elliott wave traders to short here, this will bottom here. Long btc . Sick of this sideway obvious manipulation by whales. A lot of people had lost money buying LUNC and investing in scam coins and wanted to recover their losses, Whales had been defending this 29k-30k level multiple times. Everytime, it hits this level, it will bounce back. Everytime, it drops below 29k , it will rebounce back, this shows a sign of strength where whales are accumulating. This might be your last chance to buy bitcoin at the dip before going to 100k. Bitcoin created a retest of the broken support turned resistance with bullish candle with a clean candle to 31700 USD, this should push the price up to 31700 as clean candle. The whales will trap wave traders thinking it will go down but it will go up. Do not short this but long instead, the manipulation is too easy to be spotted. It could even go to 33k for the top of the ascending triangle. This is very bullish , long bitcoin and take profit at 100k. To the moon. This should be the macro bottom. Simple whales with their obvious manipulation. Hence, btc should moon from here and target 38k . First target should be 33k . On a higher time frame, it made a impulse and ABC correction, soon it will moon and everyone will get rich like WOW?! This is not a signal and do not follow but a trade idea. Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
FTX:BTCUSDLong
by Future_Wei
9
USDJPY: King Dollar back?!USDJPY Intraday - We look to Buy at 127.62 (stop at 127.11) Broken out of the triangle formation to the upside. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. Daily signals for sentiment are at overbought extremes. Neckline support is 127.60. Dip buying offers good risk/reward. Our profit targets will be 128.85 and 129.00 Resistance: 128.85 / 131.30 / 135.00 Support: 127.60 / 126.60 / 124.10 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
VET can Increase Pretty Soon!VET is in an Ascending Triangle which is a Good Bullish Sign and Means The Price is gonna Increase Pretty Soon! No Break out Has Happened and We Shall Be Aware of the fact that When the Break out Happens the price will Increase as much as the Measured Price (AB=CD) . Well When The Expected Movement Happens, the Price will reach around 0.037$! -VET is in an Ascending Triangle -No Break out yet -Price is gonna Increase as much as the Measured Price Movement (AB=CD) -Target is around 0.037$ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
9
TRX on the way to 0.12$TRON is in an ascending Triangle which is a Pretty Good and Obvious Bullish Sign! The Price will Be Starting To Pump Heavily once The Break out Happens! The Expected Price for Break out is around 0.088$ and It would Reach 0.12$ (The Price will Increase as much as the Measured Price Movement AB=CD) -TRX is in an Ascending Triangle -No Break out yet -Break out will Happen 0.088$ -Price will reach 0.12$ -(AB=CD) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
2
FTMUSDT is testing the supportThe price is creating an ascending channel on the 4h timeframe after a bounce on 0.22 Monthly support. The price got a rejection from the daily trendline (dynamic resistance). How to approach it? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
FShort
by InkyGrip
2
WOO/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this WOO/USDT TRADE setup. WOO looks bullish here. WOO is breaking out from the ascending triangle pattern. Expecting a 40-50% bullish move from here. Buy some now and add more in the dip. Entry range:- $0.215-$0.22 Target1:- $0.242 Target2:- $0.264 Target3:- $0.288 Target4:- $0.314 SL:- $0.202 Use low leverage 4x-6x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
MTL/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this MTL/USDT TRADE setup. MTL looks bullish here. MTL is breaking out from the ascending triangle pattern. Expecting a 50-60% bullish move from here. Buy some now and add more in the dip. Entry range:- $1.48-$1.52 Target1:- $1.72 Target2:- $1.94 Target3:- $2.16 Target4:- $2.38 SL:- $1.40 Use low leverage 4x-6x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
Btc wants to revisit 26k levelBtc just printed an ascending triangle pattern in 4 time frame witch is a bullish pattern. The small problem is the point that i broke the lower trend line and is currently retesting it. According to my strategy this is a strong bearish sign and it might be a good idea to enter a short trade now at the level 30k-30.5k but this is a little bit risky level to entry. The safest entry is in the confirmation when if the possibility arrives the price crosses down the pullback level. I will enter a trade now 30000-30500 with stop loss at 30960 and take profits 28600, 27000 and 26000. At 29200 i will set the stop to entry. If you enter the trade and it goes well i recommend you to use the new Binance futures feature called trailing stop and set the activation price at 26000 with reduce only using a callback rate of 3% to catch all the possible downward move. Only pure technical analysis and my opinion not a financial advice, do always your own research and never risk more than 1% of your account in a single trade. Regards and happy trading.
Short
by piccard54
4
Ethereum ETHUSDT - Elliott Wave on the weekly! + ABC completed- This is the weekly chart for ETH - analysis since the big covid crash in 2020. - Wave 1 and wave 3 created ascending channels during their move, so we should count it as waves 1 and 3. - It means that we should expect a last 5th big wave to the upside! - 0.618 FIB extension (wave 3 -> wave 4) is around 21 000 USDT. - ABC correction can be completed (wave 4) and we are ready for a next pump! - If we take a look at the MACD indicator, we can spot a huge bullish divergence. - Currently the market structure looks like a bullish rectangle (red one), which is a very bullish continuation pattern.
Long
by UnknownUnicorn2537518
7