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Triangle

BITCOIN → Bullish run to $100,000. When's the correction?BINANCE:BTCUSD is consolidating after a strong rally. Most likely the token is preparing to go even higher. The target of 95K-100K is getting closer and closer and is becoming more and more realistic. FOMO or managed to get on the northbound train? The fundamental backdrop is strong. Trump has been a driver for bitcoin and the cryptocurrency market. The phenomenon as a whole is quite interesting. Bitcoin is coming out of a 9-month accumulation and is strengthening by 34% as part of the rally. Can this rally be even bigger? Yes! And there are bullish premises for that: Technically, bitcoin is not trying to update the lows. It is forming a smooth, calm and upward movement with gradually updating highs, and in the last two days the price has been accumulating in front of a strong resistance level. An ascending price channel is forming on H1-H4. The recent 7% retracement of the ATH is nothing more than profit-taking. There are no funadamental and technical reasons for a deep correction yet. Resistance levels: 91650, 93250 Support levels: 90300, 89200, 87500 At the moment consolidation is forming near 92K. The emphasis is on 91650. A breakdown and consolidation above this area may trigger a continuation of the impulse (rally). I do not exclude that on the background of reduced liquidity (Saturday/Sunday), bitcoin may test the support area before further growth. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
53
Bitcoin - Time to buy again!When I was looking at the Bitcoin chart on the one-hour time frame, I noticed an ascending triangle which I have shown on the chart. Additionally, Bitcoin is currently in an ascending channel. Each of these can be a strong signal, but before we get excited, let's wait for the triangle to break. Otherwise, we cannot say that Bitcoin is bullish. 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
6
BULLISH STRUCTURE BREAKOUT - 100-105K NEXTPrice is starting to close bullish, slowly making its way outside the bullish rising wedge / ascending triangle pattern. This is an indication of a healthy and proper uptrend with decent volume to hold the bull run and potentially a continuation to new ATH price levels. If the structure holds, the should be a spike to break through $95,000 with strength. Many short sellers will get liquidated and that's just more liquidity added to the upside. Near the $100,000 level, you could expect a similar pattern to form. A continuation consolidation / accumulation phase that holds key psychological price levels as support; such as (but not necessarily) $97,000-$96.000. - GOOD LUCK!
ICMARKETS:BTCUSDLong
by PersaGold
Updated Ascending Triangle!I wanted to update everyone following the TA on GME. It looks like yesterday's sideways movement has widened the Ascending Triangle on the 1-hour chart, which was expected due to the Cup & Handle formation on the daily chart. This sideways movement has now set up the handle on the daily chart and makes for a much larger breakout than anticipated. Here's the latest development: Along with the widening of the hourly Ascending Triangle, the 4-hour pennant breakout has now formed a second small pennant, which also makes up the handle for the Cup on the daily chart. Additionally, GME is still in the middle of a Bull Flag breakout on the Weekly chart, on top of a Golden Cross! Here's the current breakdown: 1-hour chart: Ascending Triangle 4-hour chart: (New)Bull Pennant Daily chart: Cup & Handle Weekly chart: Bull Flag + Golden Cross I've never seen a setup quite like this before. The breakout across all timeframes is going to be something special for sure. I'm just counting down the days until these patterns breakout across all timeframes. For those following this for the first time, here's some exciting historical context: The last time GME had a Golden Cross on the weekly chart was back in January 2021, and GME saw a 12,000% move in just 183 trading days. Don't blink—we are right around the corner from history in the making! ✌️
NYSE:GMELong
by impossiblebull
1
BTC: Gearing Up for $100K Breakout!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! 🚨 Quick BTC Update 🚨 Bitcoin is shaping up beautifully! It's currently forming an ascending triangle on the lower time frame and trading steadily within the pattern. Historically, ascending triangles often signal a continuation of the bullish trend. Once BTC breaks out and closes above this triangle, we could witness a solid surge toward the $100K level! 📌 Trade Setup: Entry Range: CMP and add more up to $90K Target: $100K Stop-Loss: Hourly candle close below GETTEX:89K What’s your perspective on BTC's price action? Are you spotting this bullish setup as well? Drop your analysis and insights in the comments, and let’s ride this wave to six figures together! 🚀✨
Long
by CoreCrypto1
Should we buy #Ripple or not?If you want my opinion, have some #Ripple in your wallet, it's good for risk management, Ripple is very attractive at current prices, but it's a lazy rising or falling currency, it's currently stuck under a strong downtrend line. If this trend line is broken, we will expect a sharp price growth. The support trendline below the price is also valid, if not broken it could attack the 0.6 area to start and then test the 0.666 area in the second step. If these 2 levels are broken, the price has started to completely change its trend. And eventually it will reach 1 dollar.
Long
by Reza_kahe
8
XRPUSD will continue to PUMP This chart shows XRP/USD forming a symmetrical triangle pattern, a type of consolidation structure where price moves into progressively tighter ranges. Such patterns often signify a period of indecision before the next big move. Key Observations: Symmetrical Triangle: The triangle consists of lower highs and higher lows, signaling a contraction in volatility. This type of pattern generally resolves in the direction of the prevailing trend, which, in this case, seems to be upward. Projected Target: The chart indicates a breakout scenario aiming for the $1.40 level. This target aligns with the measured move technique, where the breakout projection equals the triangle's widest part added to the breakout point. Current Price Position: XRP is trading near $1.1362, suggesting the price is approaching a decision zone. A break above the upper trendline of the triangle would likely confirm bullish momentum. Support and Resistance: Resistance lies around the triangle’s upper boundary (~$1.20). Support is near the lower boundary (~$1.10). Analysis: Bullish Scenario: If XRP breaks above the triangle, the upward momentum could quickly push toward $1.40. Bearish Scenario: A breakdown below the triangle would invalidate the bullish setup, potentially sending XRP to retest prior support zones near $1.00 or below. Considerations: Monitor for strong volume on the breakout to validate the move. A lack of volume might lead to a false breakout or a prolonged consolidation phase. Additionally, external market factors, such as Bitcoin's movement or macroeconomic events, can impact XRP's trajectory.
CRYPTO:XRPUSDLong
by YogaID
Energy printing fresh highs within weeksHere's a better chart than the one shared in October, showing that energy has been consolidating above an upward sloping triangle formation, over 900 days in the making . With just under 4% remaining to reach prior highs set in April, fresh highs could be just weeks away. Looking at the height of the triangle to project potential gains, there could be a whopping 30% upside ahead. Lately I've stepped back to ponder the fundamental underpinnings of this move. During the same period, the price of oil has cratered by 40%. Charting XLE/BRENT shows an astonishing double during the bullish XLE triangle formation Could it be something to do with the hot war in Ukraine? Anecdotally we know OPEC+ (Saudio Aramco et al) has continued to hold on output increases, while their western peers (XLE) are pushing more product than ever. One theory is XLE companies have taken market share to account for the decline in prices. Two questions remain: would oil prices in the $40's be enough to tank XLE shares? if XLE can hold historic value during a deeper oil price decline, where could its valuation be headed during the next bull cycle in oil?
AMEX:XLELong
by quickshiftinn
HIMATSEIDE weekly swing trading analysis Chart Pattern Analysis • Ascending Triangle Pattern: The chart displays an ascending triangle pattern with a horizontal resistance near ₹180 and an upward-sloping trendline of higher lows. This pattern suggests accumulation with increasing demand at higher levels, indicating the possibility of a bullish breakout. • Key Resistance Level: ₹180 serves as a significant resistance level. Multiple failed attempts to breach this level highlight its importance as a hurdle for the price. Volume Analysis • Volume Confirmation: A pattern of declining volume during consolidation followed by a volume increase near the trendline suggests a buildup phase and potential interest in a breakout. Watching for further volume surges around ₹180 will be critical to validate any breakout. Price Action and Candlestick Behavior • Bullish Candlestick Patterns: The presence of bullish candlesticks such as Piercing Line and Hammer formations near the support trendline indicates strong buying demand at lower levels. • Trendline Support: The ascending trendline support, currently near ₹140-₹150, reinforces the idea that buyers are stepping in at progressively higher levels. Trading Strategy 1. Breakout Entry: Consider entering a long position if the price closes and sustains above ₹180 with strong volume confirmation. 2. Alternative Entry: For a more conservative approach, traders can consider entries on pullbacks to the ascending trendline near ₹145-₹150 if supported by bullish reversal signals. 3. Stop Loss Placement: A stop loss can be placed below ₹140, slightly beneath the ascending trendline, to manage downside risk. Aggressive traders may opt for a tighter stop below ₹150. Key Considerations • Volume Confirmation: Ensure any breakout above ₹180 is supported by a significant volume increase to confirm market conviction. • Market Sentiment: Broader market sentiment and macroeconomic factors should be considered as they can influence stock movements. • Risk Management: Adhering to a predefined risk-reward ratio is crucial to managing potential losses. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading and investing involve risks, and you should conduct your own research or consult with a professional advisor before making any investment decisions. The author is not responsible for any losses incurred as a result of trading decisions based on this analysis.
NSE:HIMATSEIDELong
by tintinhawk
NZDUSD → Consolidation before the continuation of the fallFX:NZDUSD amid bearish rally is not going to pull back, forming consolidation in front of 0.5894 with the purpose of continuing the fall... Last week the price tested the key support at 0.585, closing below the level, hinting that the market is ready to go further. The strong rise in the dollar is extremely negative for the forex market. The excitement has not subsided yet and most likely the current movements may get a continuation. Since we have a downtrend, we should prioritize selling from strong resistance zones or supports. Focus on the key range. Resistance levels: 0.5864, 0.588, 0.5912 Support levels: 0.584 Accordingly, I do not exclude the fact that the market may test the resistance in the format of a false breakdown and further fall. But, since we are close to the support now and the price is forming a pre-breakdown accumulation, we should consider a breakdown of the support in the first place Rate, share your opinion and questions, let's discuss what's going on with ★ FX:NZDUSD ;) Regards R. Linda!
Short
by RLinda
6
Vanguard S&P 500 ETF | 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 # Vanguard S&P 500 ETF - Triangle 1&2 | Target Invalid/Valid - Double Top | Target Valid - Retracement | Center Uptrend Settings - Support=0(12345) | Wave 1 Active Sessions on Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Buy
AMEX:VOOLong
by TradePolitics
3
Bitcoin - 10 secrets and myths no one knows about BTC!Bitcoin is in the final stage of its bullish cycle! Buying at the current price will most likely lead to a massive loss on your account in 2025/2026. You want to buy when there is blood on the street, not when everyone is FOMOing in. The moonboys are back, and historically, that's a big sell signal. This cycle should end between 90k and 120k. Then expect a massive crash back to 50k. But let's take a look at 10 Bitcoin secrets and myths no one talks about. Before that, write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Bitcoin and blockchain are brand new technologies invented by humans on Earth. That's false. This technology is very old and is already in use on thousands of different planets in our galaxy and in other galaxies. This technology was brought to Earth from the outside. Bitcoin is decentralized and cannot be controlled. That's wrong. Bitcoin is controlled by the miners, and the FED and banks have full control over Bitcoin's development. You really thought that banks would ignore Bitcoin? In fact, they created it to replace the dollar and paper money (cash). Bitcoin will bring freedom to humanity. That's indeed incorrect. Bitcoin is part of the total control plan to create 1 world digital currency. That means 1 wallet per person on your government ID, monitored 24/7 (Bitcoin's transactions are public); if you do something wrong, you can get blacklisted and unable to pay. Everyone thinks that Bitcoin's maximum supply is permanently capped at 21 million coins. That's incorrect. This is the current setting of the Bitcoin program, and the supply can be very easily increased. Don't forget that Bitcoin is software, and every software can be modified. The practical supply of Bitcoin is infinite. Bitcoin is the enemy to the banks and will cause destruction of the banking system. This is very incorrect. The banks are here to provide you financial services, such as loans or keeping your money save. They don't really care if they borrow you Bitcoin or Dollar, as long as they make money on the interest, fees, and taxes. They borrow you 10 bitcoins, but you have to pay back 20 bitcoins. That's a good business, right? In fact, the banks love Bitcoin. It's getting long, so next 5 secrets tomorrow in this post in the next update. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDShort
by Xanrox
172
The chart appears to analyze copper CFDs on a daily timeframeThe copper market is showing bearish tendencies, with price breaking below a critical symmetrical triangle pattern. Here are the key insights: 1.Technical Breakdown: Price recently broke the lower boundary of the triangle, signaling a potential continuation of the downtrend. Strong selling pressure is reflected by increased volume. 2.Support Levels to Watch: Immediate support: $4.00 (psychological level near the 50% Fibonacci level). Key support: $3.85 (61.8% Fibonacci retracement and ascending trendline). 3.RSI and Momentum: RSI still hovers above oversold levels, leaving room for further downside. Moving averages suggest sustained bearish momentum. 4.Risk and Opportunity: Traders should watch for a retest of the triangle's lower boundary (~$4.20) as potential resistance before further declines. Break below $4.00 could open doors for $3.85. 📊 What are your thoughts on copper's next move? Let me know in the comments!
CAPITALCOM:COPPER
by AngshumanSaikia