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Triangle

Bitcoin can exit from triangle and continue to declineHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a few moments ago entered a downward pennant, where it soon declined to the resistance level, which coincided with the seller zone and broke it. Then the price dropped to the support level, and even later entered the buyer zone, where it reached the support line and at once turned around and started to grow. In a short time later BTC reached the resistance line of the pennant, exited, and then made the correction. After this, the price rose to the 63300 resistance level, broke it, and even rose higher than the seller zone, but soon turned around and started to decline inside the downward triangle. Price broke the 63300 level and fell to the support level, where some time traded near and later dropped to the support line of the triangle. Soon, BTC turned around and broke the support level one more time and grew to a resistance level, but a not long time ago it turned around and fell to the support line of the triangle. So, in my opinion, BTC can rise a little and then rebound down, thereby exiting from the triangle. Also then it can continue to decline, therefore I set my TP at 61200 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
9
ORDIUSDT 4H - Bullish breakout zoneORDIUSDT 4H - Bullish breakout zone If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies in a VISUAL and PROFESSIONAL way, as we present in the analysis. Thank you! _______________________________________________________ ORDIUSDT 4H - Bullish breakout zone ORDI is about to break its resistance. We only have to set a Stop Loss below the dynamic support in case it turns around. If it breaks the dynamic support, it could look for the base at $21 again to make a double bottom. _______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Long
by DeuXfi
DC. Everything new is a well-forgotten old.The global descending channel formed in April is currently under pressure. The price has been testing the resistance line for two weeks. The potential breakout looks interesting for two reasons: 1. The price target of the channel breakout with a probable time lag, which is due to the formation of an equilateral triangle, curiously coincides with reference points from more than six months ago. 2. The price target of the channel breakout with a probable time lag, which is due to the formation of an equilateral triangle, curiously coincides with the trading area from more than six months ago.
by Tropnik
ETH 1D - TRIANGLE 1 + TRIANGLE 2ETH 1D - TRIANGLE 1 + TRIANGLE 2 If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies in a VISUAL and PROFESSIONAL way, as we present in the analysis. Thank you! _______________________________________________________ ETH 1D - TRIANGLEs ETH is still within 2 triangular zones: Triangle 1: formed by the dynamic resistance and the dynamic support at approximately 2400. Triangle 2: Extension of this triangle to the base of the bullish channel at 2150. Depending on our strategy we can buy at the bases of both triangles while waiting to leave the resistance zone. _______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, as it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
by DeuXfi
TRB can Start To Increase SoonThe TRB is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Note: we should wait for the breaking of the triangle and than make a move! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
1
BTCUSDT 1D - Bullish Flag + TRIANGLEBTCUSDT 1D - Bullish Flag + TRIANGLE If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis. Thank you! _______________________________________________________ BTCUSDT 1D - Bullish Flag + TRIANGLE BTC continues to develop a huge bullish flag pattern that has not yet broken upwards. And it continues to mark new lower highs. On the contrary, from the lows at 49K, BTC is developing a climb of increasing lows. Both trends configure a TRIANGLE that must be resolved either with an upward impulse looking for 70k, or breaking the increasing lows and posing a bearish scenario. We will have real bullish impulses when it breaks 66500 and reaches 69k - 70k. Right now, I see BTC looking more for 120 than 58k, but nothing is written here and both things could happen. Fall to 58k and flight to 120k with its corresponding stops along the way. _______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the development process and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
CRYPTO:BTCUSDLong
by DeuXfi
BTCUSDT 4h - Triangle inside the cup handle :)BTCUSDT 4h - Triangle inside the cup handle :) If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis. Thank you! _______________________________________________________ BTCUSDT 4h - Triangle inside the cup handle :) We have another formation to launch rockets. The triangle that is forming inside the handle will have an explosive exit again as it has recently happened. It is possible that the price will generate great volatility to leave out both the longs and the shorts, eliminating all those who are leveraged by triggering the Stop Loss. Then it will take the direction that best suits it. There are open buy orders up to 55k so we could make that minimum before thinking about anything. This level could be the impulse zone to look for 69k. _______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the development process and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
Long
by DeuXfi
Actual Success Rates of Ascending and Descending TrianglesActual Success Rates of Ascending and Descending Triangles Here is an analysis of the actual success rates of ascending and descending triangles in trading, based on the information provided: Success Rates Ascending and descending triangles generally have fairly high success rates as continuation patterns: -The ascending triangle has a success rate of approximately 72.77%. -The descending triangle has a slightly higher success rate of 72.93%. These numbers come from a study that tested over 200,000 price patterns over a 10-year period. Factors Influencing Success Several factors can influence the success rate of these patterns: -The trader's ability to execute the strategy correctly -Market conditions at the time the triangle formed -Market liquidity -Overall market sentiment Important Points to Consider -Triangles are considered reliable continuation patterns, especially in trending markets. -The ascending triangle in an uptrend is statistically more reliable than the descending triangle. -To validate the pattern, the price must touch at least twice each of the upper and lower lines. -An increase in volume during the breakout is an important confirmation sign. Strategies to improve the chances of success -Wait for the triangle to fully form before entering a position1. -Confirm the breakout with a close above/below the resistance/support level. -Use additional technical indicators to confirm the signal. -Pay attention to the volume, which should increase during the breakout. Conclusion Although ascending and descending triangles have relatively high success rates, it is important to use them in conjunction with other technical analysis tools and to take into account the overall market context to maximize the chances of success.
COINBASE:BTCUSDEducation
by Le-Loup-de-Zurich
DYM/USDT: READY FOR AN ATH!!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! DYM is showing strong potential! It’s breaking out of a symmetrical triangle on the daily time frame and looks primed to test its all-time high (ATH). Consider buying now and accumulating more on dips for maximum profit. Entry range: CMP and accumulate up to $1.48 Short-Term Targets: $2.20 / $3.34 Long-Term Targets: $5.16 / $6.96 / $8.40 Stop Loss (SL): $1.11 What do you think of DYM's current price action? Are you spotting a bullish setup? Share your thoughts and analysis in the comments below!
Long
by CoreCrypto1
Will Gold Hit New Heights?Current Price: 2653.84 Multi-Timeframe Analysis: • 4H Chart: Symmetrical Triangle (Bullish Continuation) • 1D Chart: Pennant (Bullish Continuation) • 1D Chart: Long-Legged Doji (Indecision) Given the bullish signals from both the symmetrical triangle and the pennant patterns, along with the long-legged doji indicating indecision, the market is likely to be bullish. Watch for a breakout above the upper trendlines in both patterns, confirmed by strong volume, to capitalize on potential upward momentum. Price Target Break Out: 2685 | 2728 | 2750 Price Target Break Down: 2627 | 2575 Happy Trading!
OANDA:XAUUSDLong
by SpicyPips
$MBLY MASSIVE SHORT SQUEEZE / SYMMETRICAL TRAINGLE BREAKOUT!!!!!NASDAQ:MBLY IS 31% SHORTED AND HAS A SHORT FLOAT OF 16-17% ON THE SHARES OUTSTANDING! WE ARE GEARING UP FOR A MASSIVE SHORT SQUEEZE ALONG SIDE SYMMETRICAL TRIANGLE BREAKOUT!!! Mid-September Playout = Mid-October 11 DAY SETUP! - Bounced off 25/50 SMA AND started a Symmetrical Triangle. - Ran 17.8% into 200MA Resistance - Pulled back 7.05% - Bounced off 50MA, Ran 19.33% - Pulled back 14.37% - Then Ran 25.77% BEFORE GIVING IT ALL BACK DOWN TO SYMMETRICAL TRIANGLE BOTTOM These price targets (PT) and pull backs (PB) are based off Mid-September Playout and a breakout of the Symmetrical Triangle pattern! UNDERSTAND! WHEN THIS THING BREAKS UPWARD OUT OF THE SYMMETRICAL TRAINGLE WE COULD HAVE AN EPIC SHORT SQUEEZE HIGHER TO $20+ !!!!! Also, there is a GAP to fill at $20.01 if you want to play the longish game on this one! PRICE TARGETS AND PULLBACKS LISTED BELOW: PT1: $13.77 PB1: $12.80 PT2: $15.27 PB2: $13.07 PT3: $16.45 PB3: $13.15 Not financial Advice! Good luck!
NASDAQ:MBLYLong
by RonnieV29
BTC's situation+next targets and expected movements.(Daily)I still stand by my opinion and haven’t changed my mind that Bitcoin should reach $73,000. Now let’s analyze this technically. Recently, Bitcoin managed to break this triangle strongly and rose to above $66,500. However, The price has now been corrected and it can go up to 67k, and then breaking the head and shoulders pattern, and finally reach the megaphone top. ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
BIGTIME/USDT: LOW RISK, HIGH REWARD TRADE SETUP!!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! BIGTIME is showing strong potential! It’s forming a descending triangle and has created a confirmed deviation. Currently, it’s bouncing off the lower trendline of the triangle, presenting a solid buying opportunity. Consider entering here and adding more on dips. Entry range: CMP and accumulate up to $0.106 Targets: $0.121 / $0.132 / $0.149 / $0.175 / $0.20 / $0.222 Stop Loss (SL): $0.0965 Leverage: 2x - 4x What do you think of BIGTIME's current price action? Are you spotting a bullish setup? Share your thoughts and analysis in the comments below!
Long
by CoreCrypto1
2
GOLD → Consolidation in correction phase ahead of news...FX:XAUUSD is in correction phase, but before important news a consolidation is formed due to fear and unpredictability factor. Analysts are expecting a decline in inflation, but what will happen in fact? A bull run or a dump? Markets are pricing in an 81% chance of a 0.25% interest rate cut in November. But yesterday's minutes showed that most officials supported an excessive 0.5% rate cut to balance inflation confidence and labor market concerns. Ahead of CPI, Initial Jobless Claims ... If CPI shows stronger data, the question among regulators will be in a different vein of “should we cut 0.25?” which will only reinforce the dollar's rally and markets will continue a solid correction. A larger decline in CPI could revive hopes of an excessive Fed rate cut in November, triggering a correction in the US dollar. Gold could experience a fresh influx of funds..... Resistance levels: 2623, 2627, 2637 Support levels: 2605, 2600, 2585 Technically gold is in correction and the pressure from bears continues. In the mid (short) term, I expect a retest of resistance at 2623 (a false breakdown is possible) followed by a decline to 2600-2585. It is not excluded that the news may have an opposite effect... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
30