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Symmetrical Triangle

BANANA/USDT: READY FOR A 80-90% UPSIDE MOVE!!Hey everyone! If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated! BANANA looks good here. It breaks out from the symmetrical triangle and also did a successful retest. Long some now and add more in the dip. Entry range:- $42-$46 Targets:- $53/$60/$68/$81 SL:- $39.5 Lev:- 2x-4x What are your thoughts on BANANA's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Long
by CoreCrypto1
3
BIGTIME/USDT: LONG SCALP SETUP! Low Risk, High Reward Setup!!Hey everyone! If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated! BIGTIME looks promising right now. It’s forming a symmetrical triangle on the 4-hour time frame and is currently hovering near the lower trend line of the triangle. Additionally, there’s support at the 100 MA, which strengthens the bullish outlook. Consider going long here and adding more on any dips. Entry: Current Market Price (CMP) and add more up to $0.129 Targets: $0.149 $0.168 $0.185 $0.204 Stop Loss (SL): $0.122 Leverage: 5x Risk/Reward Ratio: 1:6 What are your thoughts on BIGTIME's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Long
by CoreCrypto1
2
RUNE Analysis - What Shall we Expect !!!BINANCE:RUNEUSDT RUNE continues to consolidate within a bullish symmetrical triangle pattern. The ongoing consolidation maintains a bullish outlook for RUNE in the near term👀 ✨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!!
CRYPTO:RUNEUSDLong
by CobraVanguard
XRP/USDT: A SLEEPING GIANT! 5-6X PROFIT POTENTIAL!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! XRP looks very promising right now, breaking out from a weekly symmetrical triangle. Historically, similar breakouts have yielded returns of 6-7x, and I’m anticipating a similar outcome this time. After being contained within this triangle for the last four years, this breakout could signal a significant upward movement. I recommend accumulating during dips. Entry Range: $0.56 - $0.66 Short Term Target: $1.50 / $2.80 Mid Term Target: 4x - 5x Long Term Target: 8x - 10x Stop Loss: Weekly close below $0.50 What are your thoughts on XRP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
SWING IDEA - CEAT LTDCEAT Ltd , a major player in the tire industry, is currently showing technical signals that suggest a potential swing trade opportunity. Reasons are listed below: Break of Symmetrical Triangle Pattern : The stock has broken out of a symmetrical triangle pattern, indicating a potential shift in momentum and the beginning of a new bullish trend. Bullish Engulfing Pattern on Daily Timeframe : A bullish engulfing pattern has formed on the daily chart, signaling strong buying pressure and a possible continuation of the upward movement. Support of 50 EMA on Daily Timeframe : The stock is finding support at the 50-day exponential moving average, reinforcing the overall bullish sentiment and providing a strong support level for the current trend. Spike in Volumes : A noticeable increase in trading volumes confirms the strength of the breakout, indicating strong investor interest and participation in the move. Constant Higher Highs : The stock has been consistently making higher highs, a classic sign of a strong uptrend, suggesting continued momentum in the upward direction. Target - 3000 // 3170 Stoploss - Daily close below 2575 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:CEATLTDLong
by Visionary_Growth_Insights
Symmetrical Triangle Formation in CAMS – Awaiting BreakoutOverview: CAMS is currently forming a symmetrical triangle on the daily chart, a classic continuation pattern. This pattern typically indicates a period of consolidation before the next significant move, and given the stock’s strong previous uptrend, there is a potential for an upward breakout. However, the symmetrical triangle is neutral until confirmed, so both bullish and bearish breakouts are possible. Pattern Breakdown: The triangle is defined by point A (around 4900 INR), where the stock reached a high, and point B (around 3850 INR), marking the recent low. The price has been forming lower highs C (around 4600 INR) and higher lows D (around 4200 INR) as it tightens into the apex. This contraction in price is a sign that the market is undecided, but once it breaks out of the triangle, a directional move is expected. Key Observations: RSI Oscillator: The RSI, set to a period of 14, is hovering around the neutral zone (~50). This shows that the stock isn’t currently overbought or oversold. A move above 70 or below 30 could signal a strong trend in the direction of the breakout. Volume Decline: As the triangle develops, volume has been tapering off, a typical characteristic of consolidation. A significant volume spike will be key in confirming the breakout direction. Breakout Levels: Upside Breakout: A break above point C (around 4,600 INR) could trigger a bullish continuation, given the previous uptrend. Traders should wait for confirmation via price action and volume. Downside Breakout: A breakdown below point D (around 4,200 INR) could signal a bearish reversal, especially if accompanied by increased volume. Final Thoughts: Symmetrical triangles can break in either direction, so it's crucial to wait for confirmation. Given the prior bullish trend in CAMS, there's a greater probability for an upward breakout, but the possibility of a downside move can’t be ruled out. Patience is key—monitor the volume and price action carefully for a strong breakout signal. Disclaimer : This is for educational purpose only. I am not SEBI registered advisor. Take advice from financial advisor before investing.
NSE:CAMS
by jeet20
PEPE/USDT: SWING LONG POSITION!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! PEPE looks good here. It is breaking out from the symmetrical triangle in 4hr time frame. Long some here and add more in the dip. Entry range:- $0.0086-$0.009 Target:- $0.0102/$0.0109/$0.0118/$0.0128 SL:- $0.008 Lev:- Use low leverage (Max5x) What are your thoughts on PEPE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
EURUSD → Resistance Retest. A rebound or a breakthrough? FX:EURUSD is testing the resistance of the local correction, and instead of the expected rebound, I am waiting for an attempt of a breakout with the aim of further growth to 1.12757 on the background of the expected fall of the dollar.... There is important news ahead that traders have been waiting for months. A rate cut. And the question is no longer “when?”, but “by how much?”. 25 basis points or 50 ... But before that traders will have to endure Retail Sales, CPI, FOMC, which may also have an impact on both the market and the Fed. Technically, the focus is on the resistance of the range, 1.112. The market is likely to fight for this zone, a correction is possible, but a gradual retracement and retest will increase the chances of a breakout. If the bulls hold 1.112, it will open the way towards ATH! Resistance levels: 1.112, 1.12 Support levels: 1.1099, 1.1072 Globally the trend is bullish, on D1 the price is coming out of the correction phase and continues the upward movement. The news may have a big impact on the market, which will shape both medium and long term prospects... Targets are indicated on the chart Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Long
by RLinda
11
BTC: NEXT POSSIBLE MOVE!!Hey everyone! Appreciate a like and follow if this analysis helps! Bitcoin has successfully broken out from a symmetrical triangle in the 4-hour timeframe. However, a retest of the broken resistance level is likely. Avoid impulsive buying (FOMO) and wait for a potential pullback. Anticipated Timeline: Sideways Movement: Expect Bitcoin to trade sideways for the next week or two. Retest: A retest of the broken resistance level (around $60k) is probable. Post-Retest Outlook: Bullish Momentum: A successful retest and subsequent close above the resistance could ignite a strong rally. Target: The next major target is $80k. What are your thoughts on BTC's current price action? Share your analysis in the comments!
Long
by CoreCrypto1
AUDUSD - Technical Analysis [Long Setup]🔹 AUDUSD Analysis on 1HR chart - The current Trend is BULLISH - there is no divergences - Symmetrical triangle is form 🔹 Trade Plan - Entry Level = 0.67295 - Stop Loss = 0.67058 - TP1 = 0.67546 - TP2 = 0.67791 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Long
by Bountysoul
2
Bitcoin is Ready to Attack to Resistance zone==>>Short termBitcoin is currently moving in the Resistance zone($55,720-$54,550) . According to the Elliott wave theory , Bitcoin seems to have completed main wave 4 with the Double Three Correction(WXY) . Also, in terms of Classic Technical Analysi s, Bitcoin is moving in a Symmetrical Triangle on the 15-minute time frame. The symmetrical triangle is the Continuation Pattern . I expect Bitcoin to break the Resistance zone($55,720-$54,550) in the coming hours after breaking the Upper line of the Symmetrical triangle . If you want to know more about Bitcoin, please look at the below post: Note: If Bitcoin breaks the uptrend line, we can expect more dumps. Bitcoin Analyze (BTCUSDT), 15-minute frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
5
SWING IDEA - CHALET HOTELSChalet Hotels is offering a promising swing trade setup, backed by key technical factors. Reasons are listed below : Break of Symmetrical Triangle : The price has broken out of a symmetrical triangle pattern, signaling a potential upward move and a shift in market sentiment. Bullish Marubozu Candle on Daily Timeframe : A bullish Marubozu candle on the daily chart shows strong buying momentum, which reinforces the breakout and indicates further bullishness. Trading Above 50 and 200 EMA on Daily Timeframe : The stock is trading above both the 50 and 200 EMAs on the daily timeframe, indicating strong upward momentum and a positive long-term trend. Volume Spike : The recent surge in volumes supports the breakout, confirming increased market interest and participation in the stock. Target - 910 // 960 Stoploss - daily close below 760 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:CHALETLong
by Visionary_Growth_Insights
PEPE/USDT: 300-400% RALLY IN Q4!!Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this PEPE/USDT analysis. PEPE is forming a symmetrical triangle structure in the daily time frame and is heading toward the triangle's lower trendline. We have a strong support here (Green box). Once it breaks out from the triangle, we can expect a 200-300% pump easily. Accumulate it in the green box and hold it patiently. Entry zone:- $0.0000060-$0.0000070 Target:- 300-400% SL:- Daily close below $0.0000050 What are your thoughts on PEPE's current price action? Share your analysis in the comments below!
Long
by CoreCrypto1
12