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Triangle

Meta, time to enter?Hi everyone! Pattern: Meta formed an ascending triangle from Jan 2024 up to Sep 2024 where it broke out of the pattern. Currently retesting the breakout level and has potential for long entry. Price target: The price target for ascending triangle breakout pattern is the measure of the height of the triangle from its base to the resistance line. Add this to the breakout point and we get the target price of 670$ Caution: If the price fall back to the triangle, this analysis is not valid anymore.
NASDAQ:METALong
by Mo_reza_kaz
BITCOIN - Massive ascending triangle patternWeekly chart displays a massive ascending triangle ... we get a confirmation of the breakout since more than 3years target projection is the vertical distance between the base (support at 0 fib level) and the horizontal resistance line of the triangle (it's represents a 1 fib level) when apply this distance to the breakout point we will find 311k is the target of the pattern and u will find this target matching with the 2fib level .. this isn't a coincidence iam not saying that BTC will move directly upward to 300k ... Corrections will definitely occur during this journey. Best regards Ceciliones🎯
Long
by ceciliones
4
Honeywell International Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Honeywell International Inc. - Triangle Secundary Bias | Support&Resistance - Entry Bias Hypothesis | Double Formation * 012345(0&1) | Triangle Infliction - Retracement Center | Uptrend - 012345(0&1) | Wedge Structure * Triple Formation | Demand=Previous Trend Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
NASDAQ:HONLong
by TradePolitics
Two Bullish Patterns Hint at Major Rally for DogecoinIn the 2-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a cup and handle. If either of these patterns breaks, the price of Dogecoin can reach around 50 cents. Give me some energy !! ✨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
Anticipating Google’s Next Move: Short Term SwingGreetings Everyone, This is my 4th posting today - please show support by commenting and leaving a like. This is a rough draft of an idea I have for shorting what is probably my favorite stock in the entire market. I’ve chosen to use this format, line chart, and color scheme because it best illustrates the idea, especially considering the numerous personal notes I’ve hidden on the chart for reference. Based on Elliott Wave Analysis and my interpretation of this chart, I believe a near-term correction is approaching for ticker GOOG / GOOGL. Google Earnings: Stellar Earnings ❤️ Google generated $88.27 billion in revenue for the quarter, which was higher than the anticipated $86.3 billion. This marks a 15% year-over-year growth compared to Q3 2023’s $77 billion. Net income was also robust, reaching $26.3 billion, up from $19.69 billion a year ago . Technical Analysis: This evaluation is based on a long-term analysis using Elliott Wave Theory, mapping out the five-wave sequence. In the chart, you’ll notice a completed wave 5,A,B and Wave C starting to unfold. Bearish signs 🪧 - Exhaustion Gaps - Failure in reaching previous major rejection point - Massive Bearish Engulfish Candle on candle stick chart - Broke through previous consolidation zone - Based on previous analysis failed W bottoms and inverse head and shoulder patterns have a strong reversal if fails to follow through. - MACD turning down with big selling volume Best, Clemard
NASDAQ:GOOGShort
by coilemard
2
Riot Platforms, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Riot Platforms, Inc. - Triangle 1&2 | Uptrend Bias - HH&HL | Measurement Template Inflicted - Retracement 1&2 | Center Low & High - ABC Impulsive Wave | Hypothesis Wave Inflicted Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
NASDAQ:RIOT
by TradePolitics
3
Beautiful $SPX price action, ascending triangleLONG TERM TREND: Neutral/Bearish TIMEFRAME: Intraday What a textbook ascending triangle pattern we're witnessing on SP:SPX today! 👀 Price action has been absolutely pristine, giving us multiple touches on both the ascending support trendline and the horizontal resistance. Each bounce off support has been getting progressively higher, while sellers continue defending that key overhead level - classic ascending triangle behavior. The swings within this pattern have been a trader's dream - offering clean entries and exits for those playing the range. We've seen buyers step in with conviction at each test of the rising support, leading to predictable bounces. However, there's a concerning development here... While ascending triangles are typically considered bullish continuation patterns, the momentum on each bounce is getting noticeably weaker. Volume has been declining throughout the pattern formation (a bearish divergence), and the last two tests of resistance showed significant rejection wicks. If this declining momentum continues, watch for a break below the ascending support line. Such a break would likely trigger a cascade of stops and could lead to an accelerated move lower. Key levels to watch would be 5950, 5940 and ultimately 5925. Remember to always manage risk and size positions appropriately. No pattern is guaranteed to play out as expected. What are your thoughts on this setup? #SPX #TechnicalAnalysis #ChartPatterns
CAPITALCOM:US500
by TradeSniper_com
1
Triangle breakout suggests AVAX could gain 18%A triangle pattern, triggered earlier today, indicates that AVAX might extend its recent gains. Interestingly, several "dino" coins have been rallying lately as the MEME frenzy fades. This bullish pattern remains valid as long as the price stays above the $35.54 low. What is your take on Avax? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:AVAXUSDLong
by ThinkMarkets
3
XRPUSDT Long Setup Setting / Targets and PlansBINANCE:XRPUSDT COINBASE:XRPUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone - 1.10 - 1.12 ⚡️TP: 1.1723 1.2193 1.2660 1.3132 🔴SL: 1.0439 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
2
𝗝𝗔𝗦𝗠𝗬 𝗶𝘀 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗻𝗼𝘄 ! 𝐖𝐡𝐞𝐧 𝐈 𝐰𝐚𝐬 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐚𝐭 𝐭𝐡𝐞 𝐉𝐀𝐒𝐌𝐘 𝐜𝐡𝐚𝐫𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐭𝐰𝐨-𝐡𝐨𝐮𝐫 𝐭𝐢𝐦𝐞 𝐟𝐫𝐚𝐦𝐞, 𝐈 𝐧𝐨𝐭𝐢𝐜𝐞𝐝 𝐚𝐧 𝐚𝐬𝐜𝐞𝐧𝐝𝐢𝐧𝐠 𝐭𝐫𝐢𝐚𝐧𝐠𝐥𝐞 𝐰𝐡𝐢𝐜𝐡 𝐈 𝐡𝐚𝐯𝐞 𝐬𝐡𝐨𝐰𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐜𝐡𝐚𝐫𝐭. 𝐛𝐮𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐰𝐞 𝐠𝐞𝐭 𝐞𝐱𝐜𝐢𝐭𝐞𝐝, 𝐥𝐞𝐭'𝐬 𝐰𝐚𝐢𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐭𝐫𝐢𝐚𝐧𝐠𝐥𝐞 𝐭𝐨 𝐛𝐫𝐞𝐚𝐤. 𝐎𝐭𝐡𝐞𝐫𝐰𝐢𝐬𝐞, 𝐰𝐞 𝐜𝐚𝐧𝐧𝐨𝐭 𝐬𝐚𝐲 𝐭𝐡𝐚𝐭 𝐉𝐀𝐒𝐌𝐘 𝐢𝐬 𝐛𝐮𝐥𝐥𝐢𝐬𝐡. Previous Analysis Give me some energy !! ✨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!! BINANCE:JASMYUSDT COINBASE:JASMYUSD
Long
by CobraVanguard
1
SOL → One step away from ATH. Will the maximum be updated?BINANCE:SOLUSDT is rallying and testing the high of 248.44, but what is remarkable is that the coin is not pulling back, but consolidating with the aim of reaching ATH or even updating it. The fundamental background of the coin is strengthening as an exchange-traded fund may emerge on the basis of Solana, most likely the issue will be discussed in 2025. There are only 2 ETFs approved so far, bitcoin and etherium. Technically, on W1 the bulls are trying to take control of the 243-244 area. Buyer's chances are quite promising, accordingly, if they manage to keep the defense above this zone, the coin has all chances to form a new all-time high. Resistance levels: 245.3, 248.5, 259.9 Support levels: 242.3, 234.3 The trigger zone is 245.3. A breakthrough and price consolidation above this zone may provoke aggressive buying with the purpose of growth continuation. It is possible that the price may form a correction, for example, to 242.3, 238, 234 before continuing its growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSDT ;) Regards R. Linda!
Long
by RLinda
1
Invesco KBW | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Invesco KBW - Entry Bias Hypothesis | Inflicted Entry - Triangle Structure | Wedge Inverted - Wave 1 | 12345 | Target Invalid - Double Bottom | Awaiting Target Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:KBWYLong
by TradePolitics
Nordic Semiconductor ASA | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Nordic Semiconductor ASA - Bias 1 | Resistance | Support | Uptrend Hypothesis - Bias 2 | Triangle | Short Set Up - Wave 1 & Wave 2 | 12345 - Double Top | Bias 1 | Target Template Feature - Double Top | Awaiting Target Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:NODShort
by TradePolitics
Solana eyes $261.60: descending triangle pattern in playSolana has triggered a descending triangle pattern with a target of $261.60 per coin. If the price reaches the breakout point of the pattern at $243 per coin, buyers are likely to step in and support the price. The pattern will remain valid as long as the price stays above $235. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:SOLUSDLong
by ThinkMarkets