EURZAR 4.91% Price IncreasePrice closed above trend line. Retest occurred at trend line. Enter a long position.
Symmetrical Triangle
Tron TRXBTC - HUGE Breakout! Channel + 200MA + Elliott Wave!- Tron is currently one of the strongest altcoin on the crypto market!
- On the weekly chart we can spot a descending channel , that has been destroyed by the bulls.
- Also we can see a broken ymmetrical triangle, which is definitely a great sign too!
- 200 weekly MA is considered as a massive support by huge institutions and the price is currently above the level!
- We are currently in the Impulse Wave (1-2-3-4-5), so it is the best time to buy right now.
- Next resistance is the previous all time high from 2018.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
STORJBTC - Ascending triangle on the weekly! + Record volume- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern.
- If we take a look at the volume indicator - there is a massive volume spike, which is positive.
- The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest!
- You can buy a breakout above the ascending triangle and take profit at the all time high level.
- 20x is possible in next months!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Golem GLMBTC - Huge ascending triangle! + Breakout soon- On the weekly chart we can see an ascending triangle - the most bullish pattern!
- Great opportunity to 24x your capital in upcoming weeks/months.
- If we take a look at the volume indicator - bullish volume is definitely higher, which is great.
- The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge institutions.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
BTCUSDTCriteria:
1. Uptrend on 1H, 4H, 1D
2. Bounce from Supply Zone
3. Fibonacci retracement 38%
4. Fibonacci retracement 61.8%
5. Fibonacci retracement 78.6%
6. Symmetric Triangle Formation
7. Round Number
Buy after break above 20,500 or wait for confirmation at 19,900 and 19,500
Tp1: 23,050
TP2: 26,200
TP3: 28,700
SL: 18,600
Symmetrical Triangle Breakdown Recovery Looking at two different Symmetrical triangles on on GBPAUD and LUNCUSD
Both have broken down out of there triangle
This can lead to a recovery although
A double bottom is perfect for this scenario
It removes the bearish presence while providing a setup for the bulls to advance
On both charts the double bottom could be concealed within a smaller structure
DOT broke down symmetrical triangle#DOT/USDT
#update
$DOT broke down from lower line of symmetrical triangle.
🐻 current support zone can cause a pullback to broken trend zone to confirm it as resistance, then continue the bearish trend.
🐮 last support before $5.5 is around $6.5 that if bulls hold this zone they may change the game.
USDT DOMINANCE READY TO FALL! BULLISH FOR BTC AND ALTS!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update.
USDT Dominance is looking in favor of BTC now. Currently, it is breaking down from the triangle pattern in 4hr time frame and now retesting the triangle. After this successful retest, we can expect a good drop-in USDT Dominance. As you know USDT Dominance is inversely proportional to the BTC, so we might see a good rally in BTC and Alts in the month of July.
If this pattern plays out successfully then we see $26k-$28k for BTC on board in the month of July.
Invalidation Level:- If USDT Dominnac breaks above the triangle (8.0 level) then this bearish pattern will be invalidated and we might see a new low in BTC.
What do you think about this?
Do you think that we might see a bullish rally in July month or do you think that we see a new low this month?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
AutoFarm AUTOUSDT - Record Volume + HUGE Channel + Elliott Wave- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout!
- If you take a look at volume , we have a massive bullish volume spikes - always good to see.
- 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too!
- Due to my Elliott Wave analysis - 12345 Impulse wave should be completed and now are expecting at least a retracement to 0.618 FIB.
- Look at my ideas about another great altcoins in the related section down below ↓
- For more content, please hit "Like" & "Follow"!
BTC.D Dominance - When Alt season? + Elliott Wave + Sym.Triangle- As per my Elliott wave technical analysis on the weekly chart - we can expect a retracement (ABC) in the immidiate short term.
- But in the long term bitcoin dominance should go down and make a new lows.
- We have a descending triangle , which is a bearish pattern (on the weekly chart).
- If you are an Elliott wave trader, please submit your analysis below, so i can check!
- Look at my ideas about Bitcoin, Ethereum and TOTAL crypto cap in the related section down below ↓
- For more content, please hit "Like" & "Follow"!
Keep3rV1 KP3RUSDT - Huge breakout! Falling wedge + Elliott Wave- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout!
- We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade.
- 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here.
- If we take a look at the volume indicator - there is a strong bullish volume and that is always good to see.
- As per my Elliott wave analysis - Impulse Elliott Wave has been completed succesfully and now I am expecting at least an ABC correction.
- See my ideas about Bitcoin and Ethereum in the related section down below ↓
- For more content, please hit "Like" & "Follow"!
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 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.
If you like this idea then do support it with like and follow.
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
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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
