Get started

Triangel

Ripple Breaks Out Of A Triangle And Moves Towards 0.8-1 After a break out of a triangle two weeks back on Litecoin, Ripple now does the same after a huge win in its case against the SEC. This is also good news for some other ALT coins of course, but don't fall into the "over-crowed" trade here. Price is approaching imp. 0.8-1.0 level. However, price is approaching some technical resistance here at 0.8-1.00, so dont fall into FOMO. Be aware of a pullback as this can be a bit over-crowded reaction. Everyone are looking to buy now... Elliott wave suggests to wait on a retracement, ideally, next big wave E.
BITSTAMP:XRPUSD
by ew-forecast
2
Symmetrical triangle SOLThis move is identical in many cryptos however the largest percentages are in this coin. With recent bearish new, i could expect a dump however must be ready for everything. I have the upward move around 50% and downward at 70%. My rules: 25% entry on break and 75% on retest to avoid the false breakouts. Wait for confirmation candles and don't rush in 25% profit at TP 1 for free entry and ride or die to next tp's. Max leverage 7X, don't be greedy. Good luck
by Crypto_Cologne
Renault SA (RNO.pa) bullish scenario:The technical figure Triangle can be found in the French company Renault SA (RNO.pa) at daily chart. Groupe Renault is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. The Triangle has broken through the resistance line on 10/11/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 24 days towards 36.135 USD. Your stop loss order according to experts should be placed at 30.945 USD if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EURONEXT:RNOLong
by legacyFXofficial
24.2.2021 - Bitcoin (BTC / USD)Hi Traders! In recent days, bitcoin has become the centre of your questions again after a major decline. Is the bear market coming again? Where will this correction stop? What to do? We would certainly not talk about the bear market in the current situation. The decline of the bitcoin price was due to the values at which it was last weeks. The fact that it fell by as much as 22% is nothing out of the ordinary, and in the last bull run, momentary declines of up to 40% were nothing strange. Moreover, from the point of view of fundamentals, practically nothing has changed. What type of correction are we currently tracking? This is a more complex question and there are several options: 1. Triangle As a first option, we are offered a triangle, which would mean that we would move in a triangle formation for about 2 to 3 weeks and then head up again. 2. ABC correction The second option is ABC correction. However, it should be noted that this can also take several forms. In general, the strongest support would be at $ 40,680. 3. Other On a theoretical level, we must also admit the fact that it could be some form of channel or distribution. There are really many possibilities for correction structures. At this point, we cannot say clearly what type of correction it is , as we do not have enough data on the chart yet. What to do next? Currently, the only option is to watch the chart and trade intra-day until the chart shows what formation is going to form . Once we find out, we will be able to determine more precisely the decline target as well as the target for further growth. May the crypto be with you!
BITSTAMP:BTCUSDLong
by DolleroTechnology
3
29.1.2020 - Bitcoin (BTC / USD)Hi Traders! Will it continue to grow until halving? Despite strong resistance, bitcoin has been growing steadily for the last few days. Today we'll present a long-term overview of what's next. Halving is happening on 11.05.2020 and as we can see on the graph, bitcoin can grow well when he wants to. At the moment, we are above the MA200 on the daily graph and everything indicates that we will continue to grow. Way back, we've also overcome a declining trend line, which is another sign of trend reversal. Altcoins are also very positive and even grow faster than bitcoin. The mood is turning positive and a number of youtubers and crypto experts from around the world say that we will only continue to grow until halving, as the graph suggests. From 26.6.2019 to 18.12.2019 we were basically just in decline and therefore a smaller increase would be absolutely fine. Plus, halving is really around the corner, and we don't see any real reason why would people and crypto enthusiasts sell bitcoin before halving. From 11.05.2020, the remuneration for the miners will be halved and people are aware of it. In addition, there are riots in the world, which could boost bitcoin again. We, therefore, perceive long-term progress positively. May the crypto be with you!
BITSTAMP:BTCUSDLong
by DolleroTechnology
ETH/USD analysis Hi traders! Today we are going to look at ETH/USD analysis on Bitfinex . ETH is now undertaking soft correction as well as all the other altcoins. However, where could the correction come to an end? Trading is a game of probability and statistics and therefore we are going to introduce you to 2 possible scenarios and going to assign them a % chance to achieve success. Let’s begin. Scenario nb. 1 We are in the B wave now, which is taking beautiful triangle shape. The triangle formation is characteristic in a way that there’s the last move in the given direction after it. It’s mostly in the 4th wave and there’s always the 5th wave after it. Speaking about correction waves, it’s always after B wave and yet there’s always C wave after it. In this annotation, we would take the triangle height as a target. To manage bounce-zone more accurately, we move the triangle height both to upper and lower triangle trendline. Now we have potentially reverse zone for the graph to bend back. In our case it's the price level of 239 - 265 USD. That's where the C wave should end and bounce. Probability - 70% Scenario nb. 2 In this scenario, we simulate a less probable option - we would break the triangle upwards. It's less probable, but it sometimes happens. In such a case the whole correction would be finished in C point in the triangle. It wouldn't even be a triangle formation but rather a classic ABC correction. In the moment, we would finish the 1st wave. That's an alternative scenario. Probability - 30% Summary ETH doesn't look bad and its correction won't bring new bottom , or any fatal price decrease. The correction appears totally healthy and we can expect new growth by several days, maybe weeks . Some other big altcoins look alike.
BITFINEX:ETHUSD
by DolleroTechnology
1