Frankly, I don't feel like explaining, the chart says it all !!BTC broke the triangle!!
Previous Analysis
the price can increase as much as the measured price movement ( AB=CD ) .
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Ascending Triangle
SOL → Accumulation in the bullish trend continues ↑BINANCE:SOLUSDT after the shakeout relative to resistance and triangle support continues to consolidate again on the background of the bullish trend.
The priority of the figure is the continuation of the current trend.
The strong fall due to fundamental reasons: the US unemployment rate, profit-taking and panic are quickly bought back, bringing the coin back into the range, which in general hints us at a strong bullish component of the market.
After a retest of 162.45 resistance, a correction is forming, 0.5 fibo may be tested, or trend support before further upside.
Emphasis on triangle resistance, a retest or pre-breakout consolidation may be formed before a breakout.
Support levels: 141.2, 136.7, 126.4
Resistance levels: 162.45, 188.32
Fundamentally, the menet has a good potential. Technically, the price is in a sideways movement, but against the background of a global bullish trend. After consolidation, a distribution is formed and our task is to understand in time when this distribution can start...
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JASMYUSDT (Update) !!!BINANCE:JASMYUSDT
JASMY broke the triangle!!
Previous Analysis
the price can increase as much as the measured price movement ( AB=CD ) .
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BNX → The coin is stronger than the market. Bullish trendBINANCE:BNXUSDT looks quite strong relative to the entire cryptocurrency market, maintaining an already strong bullish trend. The price is forming a range and it is worth paying attention to its boundaries...
The situation is complicated by panic, bitcoin is unstable and thus creates unnecessary volatility in the whole market. The ideal outcome would be to stop the market and reduce volatility or consolidate so that action can be taken. But in fact BNX looks stronger than the market and this is worth taking into consideration.
The focus is on the strong 1.4252 - 1.2800 range. Because of the challenging technical environment, two scenarios are worth considering (but I like the resistance breakout the best)
If the bulls hold 1.2800 and start gradually approaching 1.4252, we should expect a breakout with further upside to 1.75 range resistance or even higher in the long term.
Support levels: 1.28, 1.1618
Resistance levels: 1.4252, 1.5161
However, if the bulls fail to hold 1.28 and the price breaks the support on the background of high market volatility, it may test 1.1618 - 1.0399 once again before further growth, as the uptrend is still in place
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(Update) !!! JASMY 6h Chart Analysis : Bull or Bear ? (READ)JASMY is attempting to break through resistance of ascending triangle pattern after bouncing off support. Wait for a decisive breakout above the ma 100 to confirm the continuation of the bullish trend📝
The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
GOLD → Traders consolidate ahead of news...FX:XAUUSD is forming a trading range. The emphasis is on 2531 - 2485. On the background of profit-taking, before the news, the price may test the support before further growth.
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The fundamental environment is the same: tensions in the Middle East and focus on Powell's comments on Wednesday and Friday.
Today it is worth paying attention to the FOMC meeting, which will take place at 18:00 GMT. People are not interested in the rate cut itself, but in hints, comments and statistics.
Technically, the global bullish trend continues, but before the news traders are not ready to take any important actions to continue the trend. On the background of profit-taking or manipulation, the price may come down to liquidity zones before further rise.
Resistance levels: 2510, 2525, 2530
Support levels: 2495, 2488
The focus of his trading strategy is to build a bullish trend, which is still dominating the gold market. But, it is worth paying attention to the news.
Regards R. Linda!
GOLD → We're up to 2500. What's next, up or down?FX:XAUUSD is updating its historical high due to fundamental reasons. At the moment the market is struggling for 2500, at the same time the dollar is showing the prerequisites of readiness to go south.
Fundamentally, there is a lot of interest in gold for several reasons:
Crisis in the Middle East, expectations of Iranian action.
A shift in the policy dovish view of the economy by the Fed
Jackson Hole Symposium. Traders are quite positive, in anticipation of Powell's comments on the economy and their impact.
Technically, a strong bullish trend and the realization of accumulation is forming on D1. The price updates the high and closes Friday's session very promisingly (at the weekly and daily high)
A price consolidation above 2510 will be a good starting point to the next psychological levels.
Resistance levels: 2510, 2525, 2550
Support levels: 2495
Technically, the focus is on the 2510 - 2495 range. If a false breakout of resistance is formed, profit-taking or MM actions may provoke price decline to the imbalance zone before further growth. But, a confident consolidation of the price above the resistance may form an impulse to 2525.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
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Frankly, I don't feel like explaining, the chart says it all !!BINANCE:BTCUSDT
Now bitcoin price is in the ascending Triangle with means the bitcoin price can react to this situation and breaks the triangle and will go up.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
(Update) !!! Gold daily Chart Analysis : Bull or Bear ? (READ)Gold it was in an ascending triangle which means the price is about to do a good bullish movement ✨ Fortunately The break out happened. The price can increase as much as the measured price movement ( AB=CD ) .
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD → Retest triangle resistance. Next, 2500 or 2400?FX:XAUUSD is strengthening after retesting support at 2440 and false breakdown, heading towards ATH. Buyers are keeping the market from falling, forcing the price to bounce off the local range support.
It is worth emphasizing the strong bullish trend and continued retests of triangle resistance, which only increases the chance of a breakout and upside.
The gold price has been strengthening since the evening session, despite strong US data (for Thursday) being the latest boost to dollar buying, especially after an inflation report earlier this week that cast doubt on the possibility of an aggressive Fed interest rate cut in September.
Special emphasis on looming geopolitical tensions in the Middle East, which continues to support sentiment around the hedge asset
Resistance levels: 2464, 2477
Support levels: 2458, 2450, 2440
Emphasis on both the boundaries of the above range and internal levels. If the bulls hold 2458, their further target will be the resistance 2464, the breakdown of which will lead gold to ATH. And in this case the market will start testing 2477 for a breakthrough and growth.
If the bulls show weakness, the market may make another attempt to retest the support before further growth.
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The last bullish chance of BTC in short term !the BTC is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Ascending Triangle Pattern Breakout in ICICIGIICICI Lombard General Insurance (ICICIGI) Analysis – 30-Minute Timeframe
On the 30-minute timeframe, ICICI Lombard General Insurance (ICICIGI) has displayed a bullish breakout from an Ascending Triangle pattern, which is typically considered a bullish pattern indicating potential upward momentum. The breakout suggests a strong buying interest, with expectations of an upside rally in the stock.
Key Levels:
Entry Point: An entry opportunity is identified above the 1995 level, which acts as a confirmation of the breakout.
Stop Loss: To manage risk, a stop loss is recommended just below the 1960 level. This level serves as a crucial support, and breaking below it may invalidate the bullish setup.
Target Levels:
Intermediate Target: The first target for this trade is set at 2030, where partial profits could be booked.
Final Target: The final target is anticipated at 2065 or above, aligning with the expected continuation of the bullish trend post-breakout.
The last bullish chance of BTC in short term !BINANCE:BTCUSDT
the BTC is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
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✅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!!
GOLD → Pullback from 2477. What's next? News ahead... FX:XAUUSD strengthens to an interim high and hits strong resistance at 2477.5. Gold is not ready to break the boundary yet and is forming a pullback ahead of the news - PPI to be released at 12:30 GMT.
Fundamentally, traders are still watching the situation in the Middle East as there are rumors of different nature every day. If the conflict escalates, it will only increase the interest in the metal.
Also, traders are waiting for PPI (one of the key inflation reports) as well as CPI (to be published on Wednesday) to determine if the US Federal Reserve is preparing a significant interest rate hike after the weak employment report.
Technically, 2477 and 2458 are worth watching. If price starts to return to resistance and consolidate near the level, then a breakout is worth waiting for. But a break of support at 2458 will send the price down to the zone of interest before a possible rise.
Resistance levels: 2477, 2483
Support levels: 2458, 2450, 2439
Key focus on news and market fundamentals that could set a medium-term tone for the dollar and gold. But, technically gold is strongly bullish...
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NZDCAD → Consolidation prepares the market for a trend change ↑FX:NZDCAD is breaking the current bearish trend and forming a bullish off-trend pattern. Focusing on the 0.82863 "trigger" resistance, bulls are targeting it to break this area...
Accumulation is forming in relation to the mentioned zone, if the structure will remain, and buyers will continue active attacks towards the "trigger", then in the long term we can look for an entry point for a breakdown.
The market is still restrained by MA-200 & MA-50, but the 200-day line is undergoing a third retest, which generally increases the chances of price consolidation above the key SMA. Globally we have a neutral trend, locally the market sentiment is starting to turn bullish.
The structure will be broken if the price consolidates below 0.82239.
Resistance levels: 0.82863, MA-200
Support levels: 0.82239, MA-50
Fundamentally, the situation in New Zealand is calming down and the market is starting to recover losses. Emphasis on the ascending triangle on H4, it is possible to build short-term and medium-term prospects in relation to this figure
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Honestly, I don't feel like explaining, the chart says it all !!BINANCE:BTCUSDT
BTC 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 ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✨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!!
SOLANA → Correction to the liquidity zone before the rally ↑BINANCE:SOLUSDT enjoys high interest from both a fundamental and technical perspective. Bulls overcome key resistance, but the coin follows bitcoin and there are nuances....
Solana's growth is likely to continue because it is well positioned to capture the next wave of cryptocurrency adoption. Likewise, the coin is also strengthening as the third major crypto asset after Bitcoin and Ethereum.
Investors evaluate such positive factors as: high activity amid the BTC correction, more meme coins (weird, but okay), growth in overall capitalization and DEX volumes on the network, and low commissions. This whole conglomerate suggests that Solana could be the next crypto-ETF to launch.
Technically, we should pay attention to the nuance between Mt.Gox and BTC, accordingly, the market may slip to support until the situation stabilizes before further growth, which can be influenced by ETH-ETF.
Resistance levels: 162.45
Support levels: 140.0 133.8, 122.3
The market may let the correction continue due to Mt.Gox, which activated BTC transfers after a test transaction today. And since SOL actively follows BTC, the moves could be correlated. The bullish trend will continue after the situation stabilizes.
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(Update) !!! Weekly Chart Analysis : Bull or Bear ? (READ)BINANCE:BTCUSDT
The situation you see seems that Bitcoin has completed its fourth downward wave and now it is time to break the ascending triangle and complete its 5th wave.
Currently, Bitcoin is fluctuating around $60k and has not been able to break through the FWB:67K level. This suggests that it may continue to fluctuate within this range and requires closer examination.
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Another analysis on BITCOIN
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC: ASCENDING TRIANGLE BREAKOUT! READY FOR 70K!!Hey everyone!
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BTC is breaking out from the ascending triangle pattern in 1hr time frame. We have an important resistance at the $60kk-$62k level. Once we break and close above this resistance level, expecting it to hit $70k soon.
What are your thoughts on BTC's current price action? Share your analysis in the comments below!
XRP → The court case is complete. Triangle Resistance Retest...↑BINANCE:XRPUSD is forming a rally from the intermediate bottom area. The reason for this is the end of the litigation between Ripple and SEC. The market has been laying a positive outcome for the past few weeks....
The SEC was demanding $2 billion dollars, but the court reduced their demand by 94%, admitting they lost!
This is a positive outcome for Ripple, the industry.
Ripple is only fined $125 million instead of $2 billion.
The rumors have been around for a while, but the market reacted quite positively, giving an initial boost of 27%
Technically, at the moment, all eyes are on the range 0.6378, 0.5663. Emphasis on the resistance breakout. If the bulls can overcome this boundary, it will be a confirmation of the price exit from the global descending triangle, which may affect the formation of a bullish trend, the promising targets of which may be 0.900, 1.300.
Resistance levels: 0.6378, 0.7440
Support levels: 0.5663, MA-50
Fundamentally and technically, everything is unfolding with favorable winds for the bulls. It opens the way to the north, but before that, the bulls need to try to overcome the strong resistance.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:XRPUSD ;)
Regards R. Linda!