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Descending Triangle

KCSUSDT is creating a descending channelThe price is creating an ascending channel on the daily timeframe below the weekly resistance after the price got liquidity as I told you in my previous idea on 0.886 Fibonacci level On 4h timeframe, the price is creating a descending channel and now the market is testing the 20$ resistance How to approach? the price needs to have a clear breakout from these structures with volumes and momentum, the market created a strong resistance on 21.2. So if the price is going to have a breakout from the descending channel, 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 🦐
Long
by InkyGrip
DENT: BULLISH RALLY ABOUT TO START!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this DENT/USDT TRADE setup. DENT looks amazing here. DENT is a very promising project for which I'm quite bullish in 2022. DENT is trading inside descending triangle in the weekly time frame. Last time when it breaks the same kind of triangle it pumps more than 6000% Currently, it is making that kind of weekly candle the same it was made previously. And after that candle a huge pump we have seen in DENT. So I'm expecting the same now. Buy some now and add more in dips. Entry range:- $0.0024-$0.0029 Target:- 6000% SL:- If any weekly candle closes below $0.0020 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
10
XRP ANALYSIS (EXTENSIVE)Overall trend on a daily timeframe is downtrend forming a descending triangle (black line). the major support line (0.78% Fibonacci retracement level is the $0.5546 on the other hand we are looking for a divergence where the "ASCENDING TRIANGLE" is forming. If it hold, price will breakout of the descending triangle and touch the nearest "local resistance" (black dotted line) of $1.00 which could retest or breakout and hit the other local resistance of $1.35 for the SMA & EMA trader (long term) the 30 Days RSI line is useful.
by DewyCandles
BTC IMPORTANT 4-DAY ANALYSIS! Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC /USD update. Here I share with you a 4-day chart of BTC. The upcoming months will be bullish for BTC and I'm expecting it to reach around $60k-$70k in June or July. Here I explain a few points why I'm expecting this:- 1) As you see in the chart BTC is moving between the two MA's. The yellow one is 100MA and the pink one is 166MA. You can clearly see how these two MA's works as strong support and resistance since the start of this year. 2) BTC is breaking out from a descending triangle and currently retesting the triangle. After this successful retest, I'm expecting a bullish wave. All we need is to break and close above 100 MA. 3) In the past two times we have seen a wick come to touch the pink MA and the price bounce immediately. So if this happens again then do not panic. We might see a wick to touch $37k to liquidate the high leverage longs and bounced immediately. 4) I'm expecting that the uptrend will start next week. Stay safe this week and do not use high leverage because we might see the last drop to $37k. In short, the market going to explode soon. Be ready and accumulate good coins in the dip. Invalidation level:- If any 4-day candle closes below the pink MA then this whole scenario becomes invalidated. What do you think about this? Do you think we might see the last drop to $37k and bounce or do you think that this bull run is over? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
COINBASE:BTCUSDLong
by CoreCrypto1
8
Bitcoin Dominance BTC.D - Alt season! Huge descending triangle!- I hope you are ready for the upcoming alt season in 2022! - We have a descending triangle on the weekly time frame, which is definitely very bullish for altcoins. - Bitcoin Dominance is going down and there is still no signs of trend reversal. - ABCDE triangle should be completed and now we are waiting for the huge breakout! - Previous swing low resistance (2018) is our next target, then here we can experience a bounce.
CRYPTOCAP:BTC.D
by UnknownUnicorn2537518
7
Bullish Flag for TNY?Or, will we see a sharp decline due to a hole in the wall front running leaked financials that are dismaying? And maybe even a good ol Tinley fashioned PP below the trading price to compliment the short-selling pressure of TNYBF and bearish sentiment. I have placed green arrows on the chart to signify fake-outs of the Macro Descending channel and Micro Bull flag or Descending triangle, to be determined in due time. It's possible Tinley is currently in the process of another fake-out in real-time, the CM_ Williams Vix is flashing green, this normally happens before bullish price action. But the sp is currently declining. If Tinley breaks above the 200 DMA and consolidates above the micro-pattern it's a very bullish signal, trade accordingly. Possibly a W Double bottom has occurred, only time will tell if TNY creates another higher low. glta
CSE:TNYLong
by ScotianBot
Opportunity brewing, but bearish break expectedKeeping an eye on ALGO/BTC. It doesn't look pretty, but there may be an opportunity developing in the next week or so. We're currently testing the Support of a large Descending Triangle. Descending Triangles are bearish and so a break down (at some point) is expected. Combined with the recent bearish momentum and overhead resistance, I'm inclined to think the break will happen sooner rather than later. However, there are some bullish signs that keep ALGO on my radar: We're seeing bullish divergence on the Daily chart and we're entering into another buy zone. A small buy here could be a high-risk, high-reward option for the adventurous--if support holds we could see a retest of the top of the Descending Triangle. However, I'm on the sidelines waiting for a more secure entry. Patience is the least sexy of the superpowers. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
by mercury_rising
4
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 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
6
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 IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
2
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 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
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 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
1
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 If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
ILong
by CoreCrypto1