BTCBTC managed to break through the triangle pattern, but sellers were stronger and managed to push the price down. That's why you have to wait for confirmation, and xhevk the volume after a breakout. If volume increases ( and sellers are winning ) it's not a good sign, means bears are still back in control.
Triangle
XRP/USDT: A SLEEPING GIANT! 5-6X PROFIT POTENTIAL!!Hey everyone!
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XRP looks very promising right now, breaking out from a weekly symmetrical triangle. Historically, similar breakouts have yielded returns of 6-7x, and I’m anticipating a similar outcome this time.
After being contained within this triangle for the last four years, this breakout could signal a significant upward movement. I recommend accumulating during dips.
Entry Range: $0.56 - $0.66
Short Term Target: $1.50 / $2.80
Mid Term Target: 4x - 5x
Long Term Target: 8x - 10x
Stop Loss: Weekly close below $0.50
What are your thoughts on XRP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
SWING IDEA - REDINGTON LTDA potential swing trade opportunity in Redington Ltd , a leading distributor of technology products and supply chain solutions.
Reasons are listed below :
The stock has broken above a significant resistance zone of 180-190, and it has successfully retested this level, indicating potential upward momentum.
Redington Ltd recently broke out of an ascending triangle pattern, suggesting a bullish continuation pattern.
A hammer candlestick has formed on the weekly timeframe, indicating potential bullish reversal sentiment among traders.
The stock found support at the 0.382 Fibonacci level, adding further confirmation to the bullish outlook.
Redington Ltd has broken out of a 3-year consolidation phase, signaling a potential shift in long-term trend direction.
The stock has been forming constant higher highs, indicating a consistent uptrend.
Redington Ltd is currently trading above both the 50 and 200 EMA on the weekly timeframe, suggesting sustained bullish momentum.
Increased trading volumes have accompanied the recent price movements, validating the strength of the breakout.
Target - 242 // 288
StopLoss - weekly close below 187
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - CEAT LTDCEAT Ltd , a major player in the tire industry, is currently showing technical signals that suggest a potential swing trade opportunity.
Reasons are listed below:
Break of Symmetrical Triangle Pattern : The stock has broken out of a symmetrical triangle pattern, indicating a potential shift in momentum and the beginning of a new bullish trend.
Bullish Engulfing Pattern on Daily Timeframe : A bullish engulfing pattern has formed on the daily chart, signaling strong buying pressure and a possible continuation of the upward movement.
Support of 50 EMA on Daily Timeframe : The stock is finding support at the 50-day exponential moving average, reinforcing the overall bullish sentiment and providing a strong support level for the current trend.
Spike in Volumes : A noticeable increase in trading volumes confirms the strength of the breakout, indicating strong investor interest and participation in the move.
Constant Higher Highs : The stock has been consistently making higher highs, a classic sign of a strong uptrend, suggesting continued momentum in the upward direction.
Target - 3000 // 3170
Stoploss - Daily close below 2575
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Euro can reach resistance level and then start to declineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price declined to 1.0775 points, after which turned around and made a strong impulse up to the 1.1000 support level, which coincided with the support zone. Then the price rebounded from this level and made a small correction movement, and then continued to move up next. Soon, the price broke the 1.1000 level and made a retest, after which rose to the resistance level, which coincided with the seller zone. Next, EUR turned around and started to decline to support the level inside a triangle. And when it reached this level, which coincided with the support line of the triangle, the price turned around and rebounded. A short time later Euro reached the 1.1200 resistance level and some time traded near this level and even tried to break it, but failed and dropped below. So, in my opinion, the price can reach the resistance level again and then start to decline to support line of the triangle. After the price reaches this line, it can break it, thereby exiting from the triangle pattern and continuing to move down. For this case, I set my TP at 1.1060 points. Please share this idea with your friends and click Boost 🚀
EURUSD: Your Trading Plan For Next Week Explained 🇪🇺🇺🇸
EURUSD is trading in a long-term bullish trend on a daily.
In September, the price formed a huge ascending triangle formation
- a classic bullish accumulation pattern.
Your strong bullish signal will be a breakout of the underlined resistance
- the neckline of the pattern.
A daily candle close above that will confirm the strength of the buyers
and a bullish trend continuation.
Next goal will be 1.124 then.
❤️Please, support my work with like, thank you!❤️
XRP Ascending triangle patternXRP is showing an ascending triangle pattern. The reversed hammer candle is showing an bearish signal on 15m and thats telling me it will go down now. It might go down to the resistance line and will go back up from there. We might expect a brake out after.
Lets watch
This is no (FA) Financial Advice. Always (DYOR) Do Your Own Research.
Apple: This May Be Your Last Chance Before Exploding to UpsideAPPLE 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!!
Dogs Ascending TriangleAfter a long downtrend we have made a good upward movement, DOGS got a bit down again whats normal and makes it healthy. If BTC contineus the growth we might can expect an good uptrend and DOGS might brake through above for who knows a new high.
Lets see and wait.
This is no financial advice, always Do Your Own Reasearch.
PEPE ANALYSIS (update)🔮 #PEPE Analysis - Update 🚀🚀
💲 As we said earlier #PEPE performed the same. More than 48% move already done in #PEPE. Now we can see a little retest towards it's major support zone and after that a bullish move would be seen
💸Current Price -- $0.00001109
📈Target Price -- $0.00001670
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEPE #Cryptocurrency #Breakout #DYOR
NZDUSD → Resistance Retest. Fed meeting ahead... FX:NZDUSD is set to go higher. The price is breaking the local resistance within the uptrend. There is an important event ahead, which can affect the price quite strongly...
On D1 the market is hinting at bullish prospects, a retest of the global resistance is forming, which divides the market into 2 parts...
Traders are waiting for the FOMC and FED meeting at 18:00, where officials will decide on the interest rate cut. The main question is 0.5% or 0.25%. The first will be a strong bullish signal for the currencies, the dollar will accelerate its downward movement on this background. The second value may slightly disappoint traders and the market reaction will be ambiguous. In any case, the general course of rate cuts sets the main tone in the market, it remains to wait only for specific numbers.
Support levels: 0.61528, 0.61244
Resistance levels: 0.62095, 0.62544
Technically, the bullish trend continues, as hinted by the local situation on the chart. Traders believe in the favorable background. I believe that the Fed's decision will strengthen the general market trends and in this case the currency pair will head towards the upper boundary of the channel....
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:NZDUSD ;)
Regards R. Linda!
Xrpusd Bullishpennant on the 1month timeframeSame pattern as the previous idea i just posted but I’ve switched it from the 3 month chart to the 1 month time frame in order to keep track of the developments in price action more quickly. Im also going to post this pattern one more time but on the weekly timeframe as well. The 3 targets remain the same. *not financial advice*
bullpennant on the xrpusd 3month logarithmic chartJust posting an updated version of this Also going to post a 1 month timeframe version of it and a weekly timeframe version of it to keep track of how it develops. We can see 3 main targets should the entire pennant be validated and not just the symmetrical triangle. First one is 10 dollars, then 33, then 609. These amounts can of course change somewhat depending on wherever the actual breakpoint occurs. *not financial advice*
Symmetrical Triangle Formation in CAMS – Awaiting BreakoutOverview:
CAMS is currently forming a symmetrical triangle on the daily chart, a classic continuation pattern. This pattern typically indicates a period of consolidation before the next significant move, and given the stock’s strong previous uptrend, there is a potential for an upward breakout. However, the symmetrical triangle is neutral until confirmed, so both bullish and bearish breakouts are possible.
Pattern Breakdown:
The triangle is defined by point A (around 4900 INR), where the stock reached a high, and point B (around 3850 INR), marking the recent low. The price has been forming lower highs C (around 4600 INR) and higher lows D (around 4200 INR) as it tightens into the apex.
This contraction in price is a sign that the market is undecided, but once it breaks out of the triangle, a directional move is expected.
Key Observations:
RSI Oscillator:
The RSI, set to a period of 14, is hovering around the neutral zone (~50). This shows that the stock isn’t currently overbought or oversold. A move above 70 or below 30 could signal a strong trend in the direction of the breakout.
Volume Decline:
As the triangle develops, volume has been tapering off, a typical characteristic of consolidation. A significant volume spike will be key in confirming the breakout direction.
Breakout Levels:
Upside Breakout: A break above point C (around 4,600 INR) could trigger a bullish continuation, given the previous uptrend. Traders should wait for confirmation via price action and volume.
Downside Breakout: A breakdown below point D (around 4,200 INR) could signal a bearish reversal, especially if accompanied by increased volume.
Final Thoughts:
Symmetrical triangles can break in either direction, so it's crucial to wait for confirmation. Given the prior bullish trend in CAMS, there's a greater probability for an upward breakout, but the possibility of a downside move can’t be ruled out. Patience is key—monitor the volume and price action carefully for a strong breakout signal.
Disclaimer :
This is for educational purpose only. I am not SEBI registered advisor. Take advice from financial advisor before investing.
I Cannot Short This !!! situation+next targets.the 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!!
PEPE/USDT: SWING LONG POSITION!!Hey everyone!
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PEPE looks good here. It is breaking out from the symmetrical triangle in 4hr time frame. Long some here and add more in the dip.
Entry range:- $0.0086-$0.009
Target:- $0.0102/$0.0109/$0.0118/$0.0128
SL:- $0.008
Lev:- Use low leverage (Max5x)
What are your thoughts on PEPE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
PEOPLEUSDT Triangle Breakout.PEOPLEUSDT technical analysisi update
PEOPLE's price is breaking the triangle resistance line on the daily chart after a 100-day formation. Before a bullish move, we can expect a small retest before the price continues upward.
Target: 50%-100%
Stop loss: $0.060
Regards
Hexa