KR nice trianglePrice is squeezing inside descending triangle.
Ideally price will squeeze a little longer and get some energy before a break.
Watch for the break...
Descending Triangle
Consolidation after breakout. Platinum is consolidating after a breakout of a descending triangle that spans two decades. Holding the .382 retracement swing low to high. Eyeing a breakout of descending channel.
RSI approaching bullish territory.
Volume is very strong and has been since the retest of triangle pattern.
Will be looking at buying all dips.
JASMY/USDT BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this JASMY/USDT TRADE setup. JASMY looks good here.
It is breaking out from a descending triangle in a 1hour time frame. I'm expecting a good pump from it. Buy some now and add more in dips.
Entry range:- $0.346-$0.363
Target1:- $0.38
Target2:- $0.41
Target3:- $0.44
Target4:- $0.48
SL:- $0.326
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LRC next leg up? Will we see the next leg up? If that nice support holds, we could indeed. Set alarms, and be extra careful if entering before a possible breakout from that resistance zone above... We could expect a retest of lower support and that would be my preferred long entry. Good luck traders.
Matrix AI forming a descending triangle. Matrix AI forming a descending triangle on the 1 hr chart. Bullish cross on the Stochastic RSI. Buy the breakout of the upper trendline, or aggressive buy at the bottom of the pattern. BTC must cooperate for this move to play out.
GBP / CAD 1.65882 - 0.1 % LONG IDEA * PRICE ACTION & STRUCTUREHEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE GBP / CAD
* The PAIR has been trading in a FALLING WEDGE range-bound within this structure , retested this level somewhat now signaling continuation.
- Short term the pair is currently rejecting at this structure possibly signaling continuation in momentum on the 4h chart this in a falling wedge at the support within the structure..
- Looking for long entries on the THE POUND / CAD this week should all the rules of the formation be met.
ON THE HOURLY SCALLING IN FOR ENTRIES HERE IS WHERE WE ARE AT
lets see how it goes
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SOL/USDT TRADE SETUP! 60% POTENTIAL PROFIT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SOL/USDT TRADE setup. SOL looks amazing here.
SOL breaks out from a descending triangle. A retest is also done. After the retest, it made a green confirmation candle.
Now, all we need is to break and close above 50ma. Buy some now and add more in dips.
Entry range:- $84-$90
Target1:- $96
Target2:- $112
Target3:- $126
Target4:- $138
SL:- $76
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SYS/BTC LOOKS READY TO PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SYS/BTC TRADE setup. SYS looks good here.
SYS is breaking out from a descending triangle in the daily time frame. It also holds above 200ma which acts as good support.
Buy some now and more in dips.
Entry range:- 1180-1320 sats
Target1:- 1580 sats
Target2:- 1964 sats
Target3:- 2488 sats
Target4:- 3072 sats
SL:- 1064 sats
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IOST/BTC TRADE SETUP! READY TO PUMP 200%Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this IOST/BTC TRADE setup. IOST looks good here.
IOST is breaking out from a descending triangle in 2days time frame. It is holding very important support. Buying here will be very low risk and high reward.
Also according to Fib levels, there is an important support of 0.786 level. So it is worth buying here.
Buy some now and add more in dips.
Entry range:- 54-60 sats
Target1:- 82 sats
Target2:- 98 sats
Target3:- 116 sats
Target4- 130 sats
Target5:- 154 sats
Target6:- 178 sats
SL:- 50 sats
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COS/BTC BROKE OUT! READY TO PUMP 160%Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this COS/BTC TRADE setup. COS looks good here.
COS is breaking out from the descending triangle in the daily time frame. It breaks the consolidation after 104days.
Accumulate this and hold it till May-June.
Entry range:- 32-35 sats
Target1:- 40 sats
Target2:- 48 sats
Target3:- 56 sats
Target4:- 68 sats
Target5:- 78 sats
Target6:- 86 sats
SL:- 28 sats
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DOT/USDT 1hr ChartDOT / USDT 1Hr chart Forming Asscendig Triangle. If it Breakout the resistance you can Long
IF breakout the down trend Line you can Short
THETA have a Higher Chance to Be Bearish🟡Chart is speaking it self!
THETA TOKEN TETHERUS
-THETA Is in a Descending Triangle.
-No Break out
-If the Bearish Break out Happens, We Can Expect The Price to Reach 2$
-There is a little Chance That a Bullish Break out Happens and the Price would Increase Up to 3.8
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Descending triangle, your funds are in danger. One week to exit!In about a week or so we will see capitulation. We have had 2 years of bull market, now its time for 2 years of bear
2016 2017 bull 2018 2019 bear
2020 2021 bull 2022 2023 bear
Is NVDA heading toward 162$?The past few weeks, the markets have been extremely volatile. Some are arguing we are in a bear marker, others still convinced on this being a correction.
Regardless your side on that, NVDA is in a clear descending triangle, which is text book bearish, and you can argue almost every tech stock including qqq and spy have formed a major head and shoulders topping pattern.
The sentiment is very bearish right now and today we closed in bear market territory(down 20% from the high). We also closed the day, on multiple tech stocks including the etfs, with a death cross on the daily.
Textbook profit target based on the base of the triangle would be about a 50$ move to 162$. There are multiple stocks forming this pattern and I will upload some of them after this.
Descending triangle is about to breakout on BTC!!We have this textbook descending triangle pattern on the 4 hourly and is about to breakout.
I am in short position since 39k and my stop loss is at 39.5k on the 20X leverage and my price target is 37k where i am maybe even interested to go with a long position of the sign of a bounce.
As the Nick Diaz once said "Dont be scared homie"
What do you think about this descending triangle?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
$FB - Someone Put This Out Of MiseryJust popped in to take a look at Facebook.
Zuckerberg? More like Puckerberg. Because this is an awful look.
Descending triangle is ready to lead to even more losses for this social media giant.
ETH perspective. Descending wedge structure and key supportsETH has been trading in a bearish descending wedge, and is currently trading in a symmetrical triangle within the larger wedge. If minor support on the triangle fails, we will likely test the bottom of the wedge. If bottom of wedge breaks then we will likely test 1700 major support, and if 1700 fails could easily see 1300.
Any break above the bearish descending wedge represents the formation of a new trading pattern.
I will be going long from major supports with tight stops. I do not plan too short
This is not trading advice, do your own due diligence!
SOL built a descending triangle pattern.The support 80-82 is key support for SOL.
The chart has tested this support several times and in each test, this has been born. Eventually, it built a descending triangle pattern. Also, the volume of the buyers gradually has decreased from January. Both these reasons show that the power of sellers is gradually dominating the buyers.
Therefore, this support is so vulnerable.
The buyers who bought sol put their stop-loss under this support. So this helps the chart will quickly see the lower prices. The next supports are:
First support: 66-68
Second support: 48-50
$TWTR - HISTORY ABOUT TO REPEATI love Twitter.
I'm addicted to the app.
Looks like Twitter might be addicted to this pattern.
Look for this social media powerhouse to drop again next week.
$NFLX - READY FOR NEW LOWSNetflix is a powerhouse. However, this name is an extremely bearish descending triangle.
Note the lowers highs but even lows. This should dive to the downside once it breaks the bottom end of this pattern.
Relatively straightforward short opportunity here.
Descending Triangle for Doge/BitcoineIn the weekly time frame for Doge/Bitcoin currency pair,a descending triangle pattern is formed.there is a high probability that this triangle will break upwards and the bulls will win.Especially if a peace treaty is signed between Russia and Ukraine.
