Traingle
Bitcoin > Prediction and ExpectationAnalysis on #Bitcoin
Bitcoin flashing bearish signals as you can see on my chart bitcoin formed a triangle pattern, this is a continuation pattern to the downside.
BTC has been trying to bounce off of the recent bottom but has not been able to do so with each bounce being shorter than the previous one.
I don't want to see the market collapses from here but that's only my wishes and reality might be something different, if we stay here without any meaningful bounce to the upside, sellers will be encouraged to attack the market
However, if BTC closes above 51950 this will be bullish and will attract more buyers
Like and comment will be highly appreciated, thank you so much for your support.
Check today analysis below⠀
ESO Triangle Pattern ScenarioEOS on high frame chart has a Triangle Pattern if the price breakout positive or negative the price will run very fast.
you can buy and sell on fib lines or on the previous candles tops and rejoin a breakout or retest.
Best of luck to all traders please share with me your ideas if this Scenario going to work or not. don't forget your stop loss.
Happy trade
Ascending triangle pattern on IOSTHello everyone,
we can see that IOST have ascending triangle pattern right now, so it could be a good opportunity for shorting. You can try to short only if price crossing down pattern red support line. Make shore that BTC also going down. This is day trading strategy, not for the long term.
Powergrid - Break out may happenWhy this Trade..??
1.Rejection at Fibonacci Level.
Reason mentioned in the chart
Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.
ELON/USDT. Update 11.24.21 From my previous post, you can see we how had a breakthrough; however, is not what we expected, we wanted a bullish breakthrough but did not happen. INSTEAD, Dogelon created a Higher Low, we had a Low already created back on Nov 4th 2021. If you look at my chart on the daily you can clearly see the High and Low of Dogelon, we have extended our triangle. I'm taking advantage of all the lows to add more to my position and stack a nice amount for the break and take profit partially and let the rest run once the breakthrough happens. At this point we just need to wait and see how the market behaves for the remaining of the days. IF everything goes according to how we see (although never happens and our job is to adapt to the market) the chart, the next possible breakthrough might be around "December 2nd" Like I stated earlier, market is unpredictable therefore all we have to do is adapt when it happens, all we can do is follow and execute the opportunities given to us. -NOT A FINANCIAL ADVISOR, THIS IS ONLY FOR ENTERTAINMENT PURPOSE. TRADE AT YOUR OWN RISK.
STORJ Story continues- Ascending traingle
- Bullish structure
- 9EMA curling away from 21EMA
Ascending triangles could break either way as buyers are eager to buy up the token in order to break resistance. However, it is definitely not a given that resistance will break.
Target will be the same height as the pole of the triangle. Which coincides with the daily resistance zone.
Stop loss set just below the 4H support level/
GBPNZD > A Possible Triangle Pattern!Hey traders, kindly support the idea push the like button, share, and comment below.
Analysis of #GBPNZD
A possible triangle pattern might breakout soon to provide a reason to get in a buy trade if the rules for entry are met.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Before trading my ideas make your own analysis.
Thanks for your continued support!
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Crypto Alert - Moonriver USDT⚠️Hello ladies and gentleman, I have discovered a new trading opportunity. As you can see, Moonriver is forming a symmetrical triangle. It broke out to the upside, but now it's retesting the resistance level of the triangle. If BTC isn't gonna be the annoying currency like we know it sometimes, then there's a good chance that Moonriver can increase 86%.
First target will be around $584.1400 - 46%
Second target will be around $757.4925 - 86%
If you think my analysis is valuable or you discovered something new, give it a like. 👍
See ya✌️
Triangle in GOLD ?In the gold chart, at intervals of 1 and 4 hours, a downtrend is formed that forms a triangle.
The market is probably waiting for Mr. Powell's speech to determine the direction of the market.
When we look at the market for 15 minutes, we see that a triangular pattern has formed.
The upper side of this triangle creates a resistance angle of 0 degrees.
The first gold point is 1724 support on August 10.
The second point of gold fall is the long-term gold support of 1706.
However, like August 7, it may reach 1677 with a long shadow.
However, the current price is 1737 and if it can cross the range of 1745 and above, this analysis is incorrect and the uptrend occurs and moves towards 1747, 1753 and 1760.
The whole market trend depends on what Mr. Powell says tomorrow.
SOLUSD BREAKOUT IMMINENTSOL has been in a downtrend after we broke out of the upward ORANGE trend into a downward channel where the RED line has been holding as support several times. SOL has now formed a TRIANGLE pattern which is usually a continuation pattern and the breakout is usually to the upward direction. A successful breakout will reclaim the ATH with adequate volume and take SOL back into the upward ORANGE channel where it can now form a new ATH at $240 - $250. Watch out for rejection at about $179-$184.
Remember to keep your eyes on bitcoin.
Not a financial advice. Trade wisely and be reasonable with your money.
Drop your idea in the comment section.
UBS Group AG (UBSG.vx)We can found a technical figure Triangle in the Swiss company UBS Group AG (UBSG.vx) on a daily chart. UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. The Triangle has broken through the support line on 09/09/2021. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 12 days towards 14.595 CHF. According to the experts, your stop loss should be around 15.485 CHF if you enter this position.
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GBPJPY > Trend Continuation Entry for A Buy!!Friends I hope you are feeling kind and generous today to give this idea the likes and comments it deserves.
Analysis on #GBPJPY
Yesterday I was watching this triangle setup, I couldn't take it because it did not meet my rules, now that I have the confirmation I can look for trend continuation entry near the support trendline as it still for me more room to go to the upside
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
DOT In a Traingle (Breakout Soon)Looks like a symmetrical triangle has formed in 4H timeframe and a breakout is expected soon, based on the price losing momentum I guess most likely the scenario is gonna be a bearish breakout, on the other hand EMA50 is standing right on top of bottom trendline making a bullish move possible as well.
I am gonna wait and see what happens and with what volume, then enter a trade based on that.
Good luck
NOT FINANCIAL ADVISE
Kin hitting $0.003 at end of 2021 bull run!Crypto family this is just a possible pattern we could take if Kin decides to hit a peak target price of $0.003 at end of this bull cycle. As we know, Kin is beautifully following Bitcoin as are many other platforms going into this bull peak. Of course, this is just my projection if we are only going to reach a target high of $0.003 value for Kin at end of the year. I believe we could go higher but for the sake of simplicity, I am just showing this chart as an example. We are currently in a triangle pattern and looking bullish for an upside breakout.