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Triangle

ETHEREUM → Support breakdown? Zone of interest 1550 ↓BINANCE:ETHUSD continues to give up positions. Buyers do not believe in growth in the near future. Bears are increasing their pressure, which may lead to the breakout of the strong support zone... As seen on W1, the next potential target, in terms of liquidity, could be the 1550 support. Any attempt to buy back the asset on a retest of the support does not result in anything radically bullish. The market will not allow the price to approach the intermediate highs, which indicates the buyer's weakness. On H4 the price is squeezed by local ascending support (bottom of the triangle) and descending conglomerate of moving averages, which clearly dictate the location of strong resistance. In the mid-term, there may be a rebound to the local highs or SMAs before a further decline. Resistance levels: 2471, 2520, SMA Support levels: 2310, 2250, 2111 So far there are no technical or fundamental reasons in favor of the buyer. Seller's pressure may be intensified. The breakout trigger is 2325. The trigger for a pullback is 2475 - 2500. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSD ;) Regards R. Linda!
Short
by RLinda
2
[Short Term] Symmetrical Triangle Reversal in SYRMAThis chart of SYRMA on the 1-day timeframe shows a Symmetrical Triangle Pattern formation, a pattern typically indicating potential price consolidation before a breakout. Resistance Line (Red Zone): The price has repeatedly been rejected around this downward sloping resistance, as highlighted by the red arrows. The price consistently meets selling pressure at these levels, pushing it back down. Support Line (Green Zone): The price finds support at this upward-sloping line, bouncing back every time it reaches this level, as marked by green arrows. This support forms the lower boundary of the triangle. Pattern Height: The vertical distance between the resistance and support lines is labeled as the Pattern Height. This height is used to project the breakout target by adding it to the breakout point. Breakout Targets: Breakout Initial Target ~ 500+: After breaking above the resistance line, the first target lies around this level. Target 2 ~ 550+: The next price target, following continued bullish momentum. Final Breakout Target ~ 600: The price target, based on the full height of the triangle added to the breakout point. Reversal Target (450+): Before the breakout, the price could reverse and approach this target (~450), where you can decide to either hold or exit positions based on further price action. Entry & Stop Loss: Entry Point: A long position can be considered above the 417 level, as marked in the chart. Stop Loss: The recommended stop loss is set below the 395 level to protect against potential downside risk. This technical analysis indicates a possible bullish breakout if the price can sustain above the resistance level. The Symmetrical Triangle Pattern suggests a neutral consolidation, but a breakout could lead to a strong upward rally towards the mentioned targets. Disclaimer: This analysis is for educational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
NSE:SYRMALong
by TradZoo
RDNTUSDT 4H - UP or DOWN ??? Tick, tock, tick, tock...RDNTUSDT 4H - UP or DOWN ??? Tick, tock, tick, tock... 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 professional way. Thank you! ____________________________________________________________________ RDNTUSDT 4H - UP or DOWN ??? Tick, tock, tick, tock... RDNT is about to break a triangular zone. If it breaks the support we will be out of the value until we find a new interesting buying zone. LEVELS: SL: 0.060 TP1: 0.096 TP2: 0.1222 TP3: 0.1666 TP4: 0.23 ____________________________________________________________________ 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. Inform yourself, 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
Gold Analysis==>>Symmetrical TriangleGold seems to have succeeded in breaking the Uptrend line and has also formed a Symmetrical Triangle pattern . According to the Elliott wave theory , Gold has succeeded in completing the main 5th wave . I expect Gold to at least fall to the Support zone($2,600-$2,580) after breaking the lower line of the symmetrical triangle . ⚠️Note: Tensions in the Middle East can directly affect the trend of Gold, so pay more attention to capital management.⚠️ Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
9
Ford Motor Could Be Skidding LowerFord Motor fell sharply over the summer, and now traders may think it will keep skidding lower. The first pattern on today’s chart is the bearish gap on July 25 after earnings and revenue missed estimates. That potentially reflects concerns about its growth and profitability. Next, F's 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA the following month. That may suggest its longer-term trend has turned bearish. Third is the pair of monthly highs around $11.28 in August and September. The resulting double top, below the pre-earnings lows, may suggest new resistance has developed below old support. Next, the series of lower highs in the last three weeks has created a potential bearish descending triangle for the automaker. Finally, the 8-day exponential moving average (EMA) is below the 21-day EMA and prices are below the 50-day SMA. Those patterns may reflect bearishness in the short and intermediate terms. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:F
by TradeStation
MYRO Breakout Alert – Huge Potential Ahead!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! MYRO is looking incredibly promising right now! It’s breaking out of a symmetrical triangle on the daily time frame, signaling a major bullish move. This could be the perfect time to accumulate in spot and hold for huge profits! 💰 Entry range: $0.08 - $0.09 Short-Term Targets: $0.12 / $0.17 / $0.22 Long-Term Potential: 7x - 8x 🚀 Stop Loss (SL): $0.043 But let’s talk fundamentals too! MYRO isn’t just about the technicals—it’s a project focused on revolutionizing decentralized finance (DeFi) by offering advanced liquidity solutions and staking opportunities. With a robust roadmap, growing partnerships, and strong community support, MYRO is set to disrupt the DeFi space. As it gains adoption and expands its use cases, the token could experience explosive growth. What do you think of MYRO's current price action? Are you seeing the same bullish setup? Share your thoughts and analysis in the comments below!
Long
by CoreCrypto1
TONUSDT → Bulls dressing up as bears... ↓BINANCE:TONUSDT can't get out of the downtrend, facing a rather strong seller (or lack of buyers, amid fundamental problems). The coin is setting itself up for a further decline.... The trend change started to show back in July, with strong momentum being generated amid strong outflows due to the market crash following bitcoin manipulation. In Agusta, the coin faced another problem - Pavel Durov's court case, which had an extremely negative impact on the system. At the moment, buyers are turning around and have no fundamental and technical strength against the bear. The price is forming a pre-breakdown base relative to the key support at 5.16. A break of this area will open the way to 4.5. Resistance levels: 5.38, 5.44 Support levels: 5.16, 4.7, 4.5 Buyers are trying to hold 5.16, but the pressure of bears, increasing on the background of bitcoin correction, is increasing, the sellers' strength is growing, which provokes the first to leave the game, close or turn around. In the short term, I expect a breakdown of support and decline Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:TONUSDT ;) Regards R. Linda!
Short
by RLinda
2
ETHEREUM - Time to buy again!The BINANCE:ETHUSDT 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). also a bullish Hidden Divergence (HD+) on MACD which shows Positive Signs for ETH. Note: we should wait for the breaking of the triangle and than make a move, If the triangle breaks, we expect a new ATH to occur, but in new year. ✨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!!
COINBASE:ETHUSDLong
by CobraVanguard
1
Bitcoin - Time to buy again!Currently, it can be said that Bitcoin has completed its fourth corrective wave and from now on, the price can be expected to rise to the top of the triangle. If the triangle breaks, we expect a new ATH to occur, but in new year. Recently analysis (Daily) And (weekly) ✨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!!
COINBASE:BTCUSDLong
by CobraVanguard
1
KASPA TECHNICAL ANALYSIS + TRADE PLAN 2024 BY BLAŽ FABJANTA+TRADE plan by Blaž Fabjan Descending Triangle Formation: A clear descending triangle pattern is observed with lower highs (resistance) and a horizontal support around the $0.14 level. This is typically a bearish pattern, but in some cases, it can lead to a breakout to the upside. The current price is close to the triangle’s apex, indicating a potential breakout soon. Support and Resistance Levels: Resistance: The downtrend resistance line is around $0.145 to $0.15. A break above this level would indicate a bullish reversal. Support: The horizontal support around $0.14 has been tested multiple times. If the price breaks below this, it could trigger a further decline toward the next major support at around $0.13. Indicators: Volume Moving Average Convergence Divergence (VMAC): There are visible divergences, suggesting that momentum might be building. The overall indicator seems to support a bullish divergence. Relative Strength Index (RSI): The RSI is near the oversold region (~35.49). This suggests that selling pressure might be easing, and a reversal could be imminent. Stochastic Oscillator: The stochastic is near oversold levels, which often precedes a bullish move if it crosses upward. Hull Moving Average (HMA): The histogram is showing signs of reduced bearish momentum, with green candles suggesting a possible bullish shift. Trading Strategy Bullish Scenario (Breakout to the upside): Entry: Consider entering a long position on a confirmed breakout above $0.145-$0.15 (the resistance line). This would signal the end of the descending triangle and likely lead to upward momentum. Target 1: $0.17, which would align with the projected move from the triangle breakout. Target 2: $0.19, a previous high and psychological resistance level. Stop Loss: Place a stop loss below $0.138 to minimize risk in case of a false breakout or bearish continuation. Bearish Scenario (Breakout to the downside): Entry: If price breaks below the $0.14 support level with volume, it could signal a bearish continuation. Short positions could be considered in this case. Target 1: $0.13, the next major support. Target 2: $0.12, the next significant psychological support level. Stop Loss: A stop loss above $0.145 (above the resistance) would minimize risk if the trade reverses. To sum up: The current technical picture is at a critical point with a descending triangle suggesting a potential breakout in either direction. The oversold conditions in the RSI and stochastic, along with possible bullish divergence, lean towards a bullish breakout. However, be prepared for a downside if the $0.14 support fails. Monitoring the volume during the breakout is crucial to confirm the direction and strength of the move.
Long
by elfabiiani
2