Triangle breakdownHello you all would have seen the bull run I had predicted long time back ... Beware I am expecting a fall in crypto currency all, Are forming negative patterns at the top ... stay away from the trap
Gautam Khanna
GK trade Manthan
Triangle
$SOUN : WE ARE BREAKING THE SOUND BARRIER! I TOLD YOU LAST WEEK!NASDAQ:SOUN : WE ARE BREAKING THE SOUND BARRIER! I TRIED TO TELL YOU LAST WEEK.
Now you see why the video I posted on Sound Hound AI was TV's Editor's pick of the week!
We are just getting started, though, and now you see how well my "High Five Setup" works!
Almost 10% on the day bang! If your in this name with me show some love in the comments!
The chart shows price targets in Green and the measured moves!
Not financial advice.
BONKUSDT Ready for Big PUMP!!!BINANCE:BONKUSDT has recently broken out and successfully retested a previous resistance level, showing signs of strength. Now, it’s attempting to break out of a triangle pattern, with the resistance line acting as a key barrier. If it manages to break through, a significant upward move could be on the horizon, fueled by the ongoing memecoin craze. However, caution is advised—consider using only a small portion of your capital to manage risk in this volatile environment.
BINANCE:1000BONKUSDT.P Currently trading at $0.000036
Buy level: Above $0.000033
Stop loss: Below $0.0000262
Max Leverage 3x
Always keep Stop loss
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USDCAD- Bullish Trend Continuation - Bullish Triangle patternFormation of Bullish triangle pattern depicts trend continuation and no divergence on 1H time frame
Doge- Next target 0.5Dogecoin has held support perfectly at the former resistance levels from August and October 2021.
After a much-needed correction, it has started to consolidate, with the range narrowing into a symmetrical triangle.
The target for this pattern is 0.5, and as long as yesterday's low remains intact, the coin’s outlook remains extremely bullish.
FLOKIUSDT: Retest Complete. Is a Dogecoin-style Rally Next?BINANCE:FLOKIUSDT has made a strong breakout from its triangle pattern, followed by a solid retest of the support level. This setup indicates a potential bullish move, with the possibility of following a similar trajectory as Dogecoin. With the current hype surrounding meme coins, SEED_DONKEYDAN_MARKET_CAP:FLOKI could be gearing up for a pump. As always, remember to trade cautiously and consider managing risk by only using a portion of your capital. Let’s see if BINANCE:FLOKIUSDT can ride this momentum to new highs!
BITGET:FLOKIUSDT.P Currently trading at $0.000197
Buy level: Above $0.000177
Stop loss: Below $0.000142
TP1: $0.00022
TP2: $0.0003
TP3: $0.00045
TP4: $0.0008
Max Leverage 3x
Always keep Stop loss
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GBPCAD can we see higher bearish push
GBPCAD higly good price action structure, price touch trend lines 2 times, we have visible and SYMMETRICAL TRIANGL inside trend lines-zone and CHANNEL pattern is visible its be breaked today.
Currently here bearish push still expecting till next long term trend line
SUP zone: 1.80200
RES zone: 1.77600, 1.77000
GOLD (XAUUSD): Core CPI Ahead! Your Plan:Don't forget that today's CPI release is expected, and gold is likely to react significantly to this news.
Here are the possible scenarios:
📈 Bullish Scenario
The market has formed an ascending triangle on the 1-hour chart and is currently testing its neckline.
A break and close above this level would be a strong bullish signal, potentially pushing prices up to the 2635 level.
📉Bearish Scenario
There is a strong rising trend line that the price is currently respecting.
A bearish break and a 4-hour candle close below this trend line would be a strong bearish signal.
The market could then drop to the 2545 level.
Wait for the news release and then look for a breakout to confirm the direction.
NZDJPY → 92.00 - bull run triggerOANDA:NZDJPY continues to accumulate pre-breakout potential against 92.000 resistance. Japan's national currency continues to weaken amid inaction from the country's Central Bank and the dollar rally...
On D1 and H1, the structure coincides and generally tells us that the price is ready to go up. Trigger 91.950 - 92.00. If buyers can break this resistance area and hold their defenses above this zone, a quick distribution will not be far behind.
JPY confirms its downward course by breaking support, which generally defines the medium-term potential for us.
Resistance levels: 92.00
Support levels: 91.362
The overall structure will be broken when the support at 91.36 is broken, but there are no hints of that yet. The currency pair does not fall after the false breakdown of resistance, but continues to inflate the potential, which generally confirms the bullish intentions to go higher.
Rate, share your opinion and questions, let's discuss what's going on with ★ OANDA:NZDJPY ;)
Regards R. Linda!
GOLD UPDATE
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support it with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
Ascending Triangle Pattern Tutorial: 3/8 Bullish PatternsAscending Triangle Pattern Tutorial: 3/8 Bullish Patterns
An ascending triangle is a bullish continuation chart pattern that signals the potential for an upward breakout. Here's how it forms:
Flat Upper Trendline: The upper trendline is flat, indicating a resistance level where the price consistently faces selling pressure and fails to move higher.
Rising Lower Trendline: The lower trendline is ascending, showing higher lows as buyers step in at increasingly higher prices.
Price Convergence: The price action gets squeezed between the two trendlines, leading to a tightening range.
Breakout: Eventually, the price breaks above the resistance level, indicating a continuation of the upward trend. This breakout is typically accompanied by a surge in volume.
Ascending triangles are popular among traders because they offer clear entry and exit points. The height of the triangle, measured from the base to the horizontal resistance, can be used to estimate the potential price target following the breakout.
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Symmetrical Triangle Pattern what is it/ how to draw it? 2/8Symmetrical Triangle Pattern what is it/ how to draw it? 2/8 Bullish Charting Patterns
A symmetrical triangle is a chart pattern that forms when the price of an asset converges with two trendlines that are moving towards each other, creating a triangular shape. Here’s how it works:
Converging Trendlines: The upper trendline is formed by connecting the descending highs, and the lower trendline is formed by connecting the ascending lows. These trendlines converge at a point called the apex.
Volume Decrease: As the pattern develops, trading volume typically decreases, indicating a period of consolidation and indecision in the market.
Breakout: Eventually, the price breaks out from the triangle, which can occur in either direction – upwards or downwards. The direction of the breakout often dictates the future trend of the asset.
Symmetrical triangles are considered continuation patterns, meaning they usually signal that the prevailing trend (upward or downward) before the pattern will continue after the breakout. Traders often use the height of the triangle (the distance between the initial high and low points) to estimate the potential price target following the breakout.
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Stay tuned for the other 6 BULLISH CHARTING PATTERNS
NEIROETH → The coin is one step away from rallying ↑BINANCE:NEIROETHUSDT.P consolidates before a possible takeoff. The potential of the cryptocurrency market is beginning to unfold amid the excitement surrounding Trump's victory
While bitcoin is hitting all-time highs, some altcoins are still considered extremely undervalued.
NEIROETH is coming out of accumulation (triangle) but faces a strong liquidity zone. The coin continues to accumulate potential, but with a hint of resistance breakout. The key liquidity zone is 0.1150.
Technically, the picture on the chart is shaping up to be extremely bullish: no renewal of lows, strong consolidations and strong support levels.
Resistance levels: 0.1150, 0.1400
Support levels: 0.0923, 0.067
I do not exclude the possibility of support retest and formation of a false breakdown before further growth. But in any case, a break of the key liquidity zone at 0.115 may trigger a rally.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:NEIROETHUSDT.P ;)
Regards R. Linda!
XRP ready for big breakout!Ripple is caught in a big triangle that formed over the last 5+ years. If we break out here, I think we can easily go to €2.50-3.00
MU has closed above resistance MU has triggered my second entry with a close above resistance yesterday. My buy order is at 113.87 just above yesterdays high and my stop is at 105.60 just below the gap from 06 Nov. the 8 ema is above the 21 and 2ema is currently above the 89 ema pointing a short and longer term trend change. The angular trend line could also be used for a trailing stop until a better level presents itself. I try to remain flexible within my risk management rules!
Watch Key Levels (SEARL)ou can closely watch the levels I've mentioned on the chart via the text. Before a breakout or breakdown, consider playing within the range with a stop-loss. If a breakout (BU) or breakdown (BD) occurs, check other supporting indicators or parameters before executing your trade. Always conduct your own research before making any decisions.
EURO - Price can bounce down from triangle to $1.0640 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where some time grew near resistance line and then fell below.
After this, price in a short time rose to $1.0830 level, made correction, and then bounced up, breaking this level.
Next, price continued to grow in channel, and even made a gap, after which rose to $1.0935 points and turned around.
Price made downward impulse, breaking $1.0830 level and exiting from rising channel too, and started to trades in triangle.
In triangle, price fell to support area, after which bounced up to resistance line, but soon fell back.
Now, I expect that price can reach resistance line of triangle and then bounce down to $1.0640, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
EURCADIt seems to be that this is the point of reversal on lower time frames.
Weekly/ daily timeframe - a huge triangle - a breakout - a flag
LTF - the impulsive decline looks completed, at least all internal waves look to be in place.
What it means also:
- is EURUSD set for a larger correction?
- if CAD weakens, is this a signal for a stronger oil?
What do you think?
Trade safe
TON/USDT: BREAKOUT ALERT! 100% PUMP INCOMING!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
TON Coin is flashing major potential! It's breaking out of a descending triangle on the daily timeframe and looks primed for a potential 100% surge. This could be an ideal time to buy on spot or consider a low-leverage long position.
Entry Range: $5.4 - $5.6
Target: 80 - 100% upside
Stop Loss: $4.9
Leverage: 2x - 3x
Fundamentals of TON Coin:
TON (The Open Network) originated from Telegram’s vision for a decentralized blockchain ecosystem. With its high-speed processing and innovative sharding technology, TON Coin aims to support a scalable and open financial platform. As institutional interest grows, so does its potential for future adoption.
TON Coin’s setup looks strongly bullish! What’s your perspective? Share your insights and analysis in the comments below!
BANKNIFTY Heads upBN is making a trinagle...which should breakout by thursday...move will be up or down 2400 points to tgt mentioned (calculated as per triangle rules)..THis is just a heads up..So let see
Apple in ascending triangle, up to 280$ or down to 200$?Apple had a great move up from 165$ to 237$ in only 3 month, but since then price has been oscillating between 200$ and 237$, this oscillation seem to form an ascending triangle.
Since the stock has been moving up in long and short term, the probability that this triangle breaks out to the upside is higher than breaking out to the down side.
Currently the price is sitting at lower level of this triangle and if the pattern holds, we should see the price move up to 237$ in short term. If the price breaks out from there to the upside, then we will be looking at the price target of 280$. On the other hand, if the price breaks out to the down side, the price target is at 200$ where we have a-formerly resistance-support line.
We should also notice that after the April-July bull run we have already seen a retracement to 0.5 level, and the current movement of the price could be seen as the uptrend after the retracement.
TON Coin Breaks out from Bullish Triangle Pattern TON coin has broken out from a solid and large bullish triangle pattern confirming that the bulls have taken control once again. it is likely to rise fruther in the coming weeks.
Iam looking at conservative targets but it seems the market does not want to see this coin below 4.8, where there is a very strong support zone.
The targets iam conserding are quite reasonable.6.1,7.00,and 8.00.
Euro can little grow more and then continue to decline nextHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to trades inside the wedge, where it at once broke the 1.0790 level, which coincided with the seller zone but soon backed up to this area. Then the price continued to move up and later rose to 1.0840 points, but then EUR made a correction to support line of wedge. Then price turned around and started to grow to a resistance line of a wedge pattern and even made a gap, after which it exited from the wedge and turned around. Then prices made a downward impulse inside the triangle to the resistance area, breaking the 1.0790 level. After this movement, the EUR turned around and in a short time rose to the seller zone, after which turned around and dropped back. Also recently, the price broke the 1.0680 level and now it trades very close to the support line of the triangle pattern. In my opinion, the price can make move up to the resistance area and then continue to decline, even exiting from the triangle pattern. Therefore I set my TP at 1.0600 points. Please share this idea with your friends and click Boost 🚀
