BTC Symmetrical triangle or a bear flag? I'm looking at 6h time frame and have noticed a bear flag the the mentioned targets and at the same time a symmetrical triangle with the targets mentioned on the chart.
Symmetrical Triangle
symmetrical triangleTSLA is in a symmetrical triangle, what are your expectations?
normally volume will diminish, but that has not happend till now.
When being very creative you could perhaps see a Head and Shoulders pattern. haha
I will put TSLA on my watchlist if the breakout occurs
This is no financial advice
BTC: THIS SUDDEN PUMP IS JUST A RETEST! STILL BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC took a sudden pump after hitting $18.5k level and it reached to almost $21k level. But this sudden pump of BTC is does not looks good at all.
As you see in the chart, This is just a retest after breaking down from the symmetrical triangle and looks like it is ready to fall again. According to the pattern target is $16k
Invalidation level:- If BTC breaks above the upper trendline of the triangle which is at around $21,300 then this chart becomes invalidated.
What do you think about this?
Do you think it will pump again or do you also think that we see a dump from here.
Let me know your views in the comment section.
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Thank You!
Delta triangles guide price actionNYSE:DAL
Testing Twitter integration. Looking for feedback on the symmetrical wedge pattern similar to the historical example. If the pattern repeats, it appears to be a reduction of volatility until some time near the funnel when a breakout may occur with significant velocity. The direction in the past was positive, but I suspect this version may have a negative skew derived from the negative sentiment in the overall economy. Now there is too much demand for airlines to satisfy but the prevailing sentiment is that demand will soon cool significantly from the Fed raising rates and the consumer tightening their disgressionary and travel budget.
Gbpcad BUY!!!!!!!!!!!!Inverse Head & Shoulders neckline, descending triangle resistance confluence....breakout should give HIGH probability for longs.
Targets and stops on chart.....Like & Subscribe.
Ask me your questions or drop your thoughts in the comments.
BTC: BREAKS DOWN! EXPECTING A MOVE TO THE DOWNSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is not looking good here. Tried many times but not able to break the $22k resistance level. Now it's breaks down from the symmetrical triangle pattern in 2hr time frame. I'm expecting a 10-15% move to the downside.
Resistance:- $22k
Supports:- $19.8k/$18k
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13k Q4 2022; Sept 2024 160k. analysis since day 1 of BTCThis is a very detailed analysis by Dia, I won't post till Q4 2022.
- I see believe in 4 year cycles, average bull cycle is 800 days, and average bear market is 400 days, the other 200 I called ''neutral'' days where market switches between them.
- Macro economics are very bearish , including stocks, more downside is definitely expected to keep inflation under control, SP500 is big bull channel ready to break down
- TOTAL crypto cap is 914 b, next support is at 755 and 455 respectively, current crypto cap will not hold and 50% correction is definitely on the table (ascending wedge )
- The entire 30 to 60k symmetrical triangle structure has broken down, I notice every time a support line of previous bull run is broken, the last one will become support (the dotted lines). This is a very ugly break down and if people say bitcoin is DEAD and they show this chart, they can be right for the first time in history.
- the 30k and 60k triangle can be manipulated into a falling wedge , that coinicides with Q4 of every 4th year of bull run being the bottom and support line from previous bull run touching there exactly to the point
-looking at rsi we still actually just entered bear market territory (monthly stoch rsi under 10), bear market is around 40 to 50% finished. Still have a year or so to go roughly
CURRENT STRATEGY
DO NOT TRY TO TRADE IT (I shorted FLM and UNFI and lost 76% of my portfolio in 1 month)! Between now and end of 2022, DCA in coins, tokens that you believe in and look strong. THIS IS THE OPPORTUNITY OF YOUR LIFE!
USOIL SPOT : 4.54% IncreaseUSOILSPOT. Symmetrical Triangle Chart Pattern. Exponential Moving Averages. EMA 10 is above EMA 20 on H1 Chart.
BTC inverse H&S or triangle#BTC/USDT
$BTC shaped inverse head and shoulders pattern, and now price is below neck line.
🐮 break out from neck line can increase price as high as head toward $25k and $26k.
🐻 rejection from neck line will invalid inverse H&S pattern and price will drop to ascending support around $19k.
Out of the Box chart !!!US Inflation has reached falling trendline where it has faced resistance
for three times.
Also, RSI has reached the upper range from where reversal is witnessed.
But, if it gives breakout above this trendline then the doors of huge upside will
be opened, as it's a symmetrical triangle pattern whose targets are huge.
Rising inflation is never favorable for stock market so it's a sign of caution.
SRTTRANSFINSRTransfin broke out of triangle pattern on 30 min charts with good volumes.
Could be bought with mentioned stoploss & targets
ETH: NOT LOOKING GOOD IN LTF! READY FOR A NEW LOW!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is not looking good here in 1hr time frame. It is forming a symmetrical triangle-like pattern. ETH was rejected multiple times from the resistance line and now breaks the support line as well.
I'm expecting a 15-20% drop from here in ETH price. As you know when ETH drops many altcoins will also follow. So stay cautious and trade carefully.
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XLM Expected Movement ExplainedStellar is in a Symmetrical Triangle which means the Price can Do a Bullish and a Bearish Movement Depending on the Break out which is gonna Happen Pretty soon.If the Price does a Bullish Break out , We can Expect the Price to Reach 0.1530$ But If the Bearish Break out Happens, The Expected Price after Completing The Movement is around 0.1250$.
-XLM is in a Symmetrical Triangle
-Price will Reach 0.1530$ in Bullish Case
-Price will Reach 0.1250$ in Bearish Case
-No break out , No confirmations!
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Thank you for seeing idea .
Have a nice day and Good luck
SHILPAMED Triangle pattern formedA symmetrical triangle pattern formed in SHILPAMED
Kindly consider the levels of technical educational purposes only
BTC: SHORT AND QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. First of all there is no need to be panic here. We have seen this kind of pump and dump from the past few days.
Now let's get to the chart.
According to the 4hr chart structure BTC is still holding the support of $28,800 and currently testing the lower trendline of the symmetrical trendline. We can expect a bounce from here.
As long as BTC stays above $28k there is no need to be panic. If any 4hr candle closes below $28k then it would be very bad and we might see another low of $24k-$26k
So keep an eye on next 4hr closing.
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High Chance For Long We can see that the price has broken the trend line, but now it seems that it was a fake movement with the appearance of a continuation pattern and it is a symmetrical triangle after a rise in the price, which means that the price will continue rising to return above this ascending trend line.
What to expect from $SukuThere are 4 important S/R levels on $Suku chart to pay attention.
A valid breakdown of $0.09 may provoke a 32% fall, as the next crucial support is at $0.06.
That'll be a disaster.
In a possible relief rally #Suku may reach prices as high as $0.20.
Bigger Picture NVAX Projection - UpdateUpdate from post yesterday - obviously the manufacturing news killed momentum so taking this opportunity to roll to July expiration and add some lower strikes at a discount.
- Chart indicates a symmetrical triangle breakdown into support. DMI suggests accumulation, this will be the spring.
- Expecting yellow path to play out as price trajectory. Forming an impulse wave that takes it right through the equilibrium point where supply = demand at the intersection of support and resistance from the triangle.
- initial target around 70 but will need to give this some time to unfold.
- mid term I see this going to triple digits easy (by end of 2022 - that is conservative)
NVAX has done this every pandemic {pop to 300s, sell off to 40s, re-accumulate and take it back into the 100s... rinse and repeat}
Sincerely,
Covid-19
EURUSD Be Careful Going Short! Possible triangle on chart.A triangle is a continuation pattern, and the current trend is long, so this breakout, aside, depending on where we close, price could snap right back up through resistance. I would wait to get in short until a few more lows get cleared!
XTZUSDT is going to have a breakout from the triangleThe price is testing the 4h resistance on the triangle.
The price had a breakout from the dynamic resistance and now the market is testing the 0.618 Fiboancci level. If you look on the left you can see that the price has a supply zone on 2 - 2.1 $
How to approach it?
The price needs to create a clear breakout from that area.
If the price is going to get momentum and volumes, According to Plancton's strategy, we can set a nice order
