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Desendingtriangle

AUDUSD next move(expecting bearish move)FOREXCOM:AUDUSD as you can see price is in the bearish Triangle it means price can fall to the bottom of the triangle also regular bearish divergence and SMA100 indicates it now price can decreasing to the bottom of the triangle . ✨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!!
Short
by CobraVanguard
2
USDX: Thoughts and AnalysisToday's focus: USDX Pattern – Minor Support. Support – 102.06 Resistance – 102.52 Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart. Today's video asks if USDX will continue to hold short-term support at 106.06 and make a new move at testing resistance, or is this just descending triangle price action, which in time will resume the overall downtrend with a new breakout lower. Traders will also be watching this week's CPI data, which could have some influence on Fed members depending on what we see come in. In the meantime, we will contnue to watch buyers from 102.06 support. US CPI data will be released this Friday at 12:30 am AEDT. Good trading.
EIGHTCAP:USDX
by Eightcap
BITCOIN - BTCUSDT - Trading at support levelKey highlights: 💡⚡ 📈 On a daily timeframe Bitcoin is trading at its support level which is around 18,942 level. 📈 since last few months script was in consolidation zone as highlighted in chart. 📈 script may give breakout of descending triangle in next few trading sessions. 📈 into that first target or we can say resistance can be around 25375 level and second target / resistance can be around 29717 level. 📈 with main support of around 18942 level and another support can be around 18263 level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy Navaratri 🕉️ 💃🏻🕺🏻 Happy learning with trading. Cheers!🥂
Long
by radha_23
2
ETH Situation Right nowLast Time we talked about Ethereum,It was in a Descending Triangle and the Pattern was not Broken yet. But now the Price has fallen out of the mentioned pattern and of course It was Expected to Happen. there were to Predicted support back then, one at 1230$ and another at 1045$. These were Our predictions and you can see that the Price has reacted Positively to The First Support. 1230$ is a very Important Support and Price Might Touch it Multiple Times. There are two Scenarios For now. One is that the Price would reach 1420$ and touch the bottom of the Descending Triangle. another Predictions is that the Price would 1045$ Which is the Second best Support for now. But The Pullback To the Triangle is More Likely to Happen. -ETH has Broken the Descending Triangle -Supports at 1230$ and 1045$ -Price has reacted To the First Support -The Price would reach the Triangle Once again or Reach the Second Support -The Pullback to the Triangle is more likely to Happen _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
COINBASE:ETHUSD
by CobraVanguard
5
AVAXUSD, are sellers planning a new bear raid?Hello TradingView community, today we’re looking at AVAXUSD as price remains in a solid-looking downtrend. We are watching a consolidation pattern that could be a descending triangle or a wedge type pattern in the existing trend. The key for us is at 28 support. If sellers break this level, the continuation could be on, and we would like to see a new LL set to show normal pattern of trend. If buyers can continue to hold 28 and above, this could be a worry for short term seller momentum that was set with a break of yesterday’s low this morning. This pattern is also seen on SOLUSD, and other coins in the top 10 remain range-bound. It’s really up to sellers now if they want to take this trend lower. Good trading
EIGHTCAP:AVAXUSDShort
by Eightcap
DOGE descending triangle ❌🧨Based on the chart, the price has formed the descending triangle ✔️ and now is close to the support area ✔️ if the price breaks the support here to the downside, we can expect correction to the downside ❌🧨 and if the price stay above the support area, we can expect correction to the downside from the purple area located on the chart 🧨❌ just in case the price breaks the purple area to the upside, we can see more gain ✔️ Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
by MadWhale
12
ETH losing momentum with MACD death crossETHUSD Cup & Handle breakout which is likely ruined. On macro level we are seeing a weekly MACD death cross, on the other hand we now have a potential 4-hour bear break on the top right hand corner. At the bottom right you can see that ETHBTC has been looking bullish but the trading volume has been dropping, this usually suggests that the underlying asset is losing momentum and is ready for a trend change. We now have a short setup. Open short at current $3973 with stop loss above 4030 to target previous low of 3,500 as target 1 and 3,041 as target 2. This should not take longer than 3 weeks towards the EOY. ###THIS IS POSTED SOLELY FOR THE PURPOSE OF RECORD KEEPING, NOT FINANCIAL ADVICE###
Short
by JoE
3
Has Alibaba found a Bottom? So far no. Alibaba (BABA) has been in a free fall down 36% since October 26th, 2020 when rumors began circulating that he had gone missing or had been arrested by the Communist Chinese Regime (CCP) that same month. Another factor that helped led to the sell off was rumors that Alibaba might be delisted form the NYSE. On Thursday (BABA) fell below $200 which had been a key support, but quickly recovered Friday to $205. At this $200 mark I believe Alibaba has been able to find a support and can start making a move to the up side. Currently is has a strong resistance at $230 which once broken and turn into a massive up run. There are three main factors that led me to believe a major upturn is upon us with BABA. 1. The RSI had hit 30 (1d Chart) when it broke $200. It then quickly bounced off. So with a really low RSI we have a ton of run to run. 2. TTM Squeeze Consolidation. I have been using the TTM indicator for a while now and have found when the indicator starts to consolidate and major run to either side happens and we are currently seeing this consolidation happen. 3. Alibaba is in a descending triangle which means a breakout can happen to either side, this helps support reason 2 and can help fuel a break sooner rather than later. Once I see a Break I will be buying calls. Let me Know what you think.
NYSE:BABALong
by Walkerwc2
CADJPY possible breakout from descending triangle?As the pair first bounced off the 78.330 support zone I has been making multiple rejections off the support zone but with little momentum to the upside. We have seen the pair make lower highs the previous week forming a descending triangle pattern, signaling that we might see a break of the support zone as well the the triangle pattern as a whole. Thanks for viewing. Comment with your thoughts I'd like to hear them. Disclaimer  the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. 
Short
by Mancoba_Thabethe
What Im seeing on AUDSGD!Gooday Traders! From the daily Time Frame, price has been in a 12 month old descending channel. Last week price broke out upward from a descending triangle. Currently, price is making a correction of that bullish impulse wave with a flag pattern, inner descending channel or what ever your nomenclature might be. On H4 im looking forward to pulling my trigger for a long "if" price does respects the pattern being played out. Till then all im doing is waiting as this is what im seeing. Remember that proper risk management is vital. Do well to follow, like and comment.
Long
by TrendlineGod