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Triangle

JASMY is Bullish now & many Traders don't see it !!The price has gradually formed a triangle on the 4-hour time frame, and I don't think this is a descending triangle. This could potentially raise the price to 0.04 in the medium term. 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
5
BTC: QUICK UPDATE AND CPI EFFECT!!🚀 Hey everyone! 👋 If you’re loving this analysis, smash that 👍 and follow for more high-value trade setups that actually deliver! 💹 BTC Update: Bitcoin is currently forming a symmetrical triangle while holding the $90k support like a champ! 🚀 It’s bounced back strongly so far and is trading within the triangle—but the next big move hinges on the CPI data. 📊 Here’s what to watch for: Bullish Scenario: If CPI data is favorable, we could see a breakout from this triangle, potentially driving BTC to a new all-time high (ATH)! 🌕 Bearish Scenario: If CPI data disappoints, BTC could revisit the $90k support. A break below $90k might take us to $85k or even lower levels. 💡 Key takeaway: Stay cautious and wait for the CPI data to give us a clear direction. 🔥 What’s your take? Are we heading for a new ATH or dipping below $90k first? Let us know your thoughts in the comments! Let’s navigate this market together—stay tuned for updates! 🚀
by CoreCrypto1
XRP's Breakout: Could It Spark Altseason?Here’s my take: XRP is setting the stage for something big. It’s showing similar breakout dynamics to 2017 , and the recent move out of a Bullish Triangle pattern is a strong signal. We’re seeing solid momentum, and with XRP trading near $2.87 , it’s eyeing that $3.50 resistance level — backed by increasing market activity and a clear boost in institutional interest. Is Altseason on the Horizon? The potential here is huge. If XRP can sustain this trajectory, with a maximum target of $5.00 , it might just ignite an altseason in 2025. The broader market is already favoring altcoins as Bitcoin consolidates, and XRP could very well lead the charge, pulling fresh attention back into the altcoin market. XRPBTC Cup & Handle: Ultra Bullish On the weekly timeframe , the XRPBTC pair is forming a massive Cup & Handle pattern , which is historically ultra bullish. The breakout level sits at 3050 , with targets extending to 4311–5931 . This adds even more bullish momentum to XRP, making it a top pick for significant gains. What I’m Watching Key levels are everything right now. $3.00 and $3.50 are crucial short-term resistance zones. If XRP can break through decisively, the next target is clear: $5.00 . The breakout from that Bullish Triangle has already established a solid bullish foundation, so this is definitely one to keep a close eye on in upcoming weeks. XRP: A Turning Point with SEC Drama and Growing Institutional Interest Ripple's Ongoing Legal Saga with the SEC XRP continues to dominate headlines as the legal battle between Ripple and the SEC takes another turn. With SEC Chair Gary Gensler preparing to step down, the agency is set to file its opening brief in the appeal against Ripple this week . Ripple remains confident, bolstered by support from industry leaders and the incoming pro-crypto administration led by Paul Atkins. Ripple President Monica Long has also highlighted the broader adoption potential of tokenization, emphasizing that 15 of the world’s top 25 banks have already piloted tokenized asset projects, signaling a promising future for the XRP Ledger. Tokenization Push with RLUSD Stablecoin Ripple Labs is leading the charge in tokenization with its innovative RLUSD stablecoin, launched to drive real-world adoption. The stablecoin has seen impressive adoption milestones across global exchanges, including in Singapore via Independent Reserve. Ripple’s focus on leveraging the XRP Ledger for tokenization through strategic partnerships like Archax positions the company as a key player in the evolving crypto-banking space. As banks explore crypto integration, Ripple is set to benefit from this mainstream adoption trend, assuming regulatory clarity continues to improve. XRP ETF Approval Could Trigger Massive Inflows Institutional interest in XRP is also heating up, with JPMorgan predicting that a spot-based XRP ETF could attract inflows between $3 billion and $8 billion . This follows the success of Bitcoin and Ethereum ETFs and growing confidence in the pro-crypto regulatory environment. Multiple players, including Bitwise and WisdomTree, are already vying to launch an XRP ETF, with analysts giving a 59% probability of approval in 2025. Ripple CEO Brad Garlinghouse sees this as a natural progression, further solidifying XRP’s potential as an institutional favorite in the coming years.
Long
by ArShevelev
GBPUSD → False breakdown can cause growthGBPUSD is bumping into the support of the local descending channel after a rather strong fall. The fundamental background has changed a bit, which in general gives a chance to the forex market On the weekly chart the price is testing the strong level of 1.211 against which a double bottom is formed on a global scale. But this does not indicate a change in the global trend, no, it is just a hint of a possible rebound, but we need to watch the price reaction to this area. The PPI that was released yesterday slightly disappointed dollar buyers, which supported the forex market and we see a small correction. CPI is ahead, which may also support the market Resistance levels: 1.2217, 1.235, 1.2488 Support levels: 1.213 If the bulls keep the price above the nearest resistance at 1.2217, it will give the price a chance to strengthen to the nearest resistance or to the channel resistance. Regards R. Linda!
Long
by RLinda
7
Nikkei 225 Short: Break and rejection from trendlineNikkei 225 was ranging in an ascending triangle which, by itself, is a bullish setup. However, the odds of this setup breaking up is not high (last I remember, it's about 66% but please don't quote me or ask me to verify). Now we are focused on 2 facts: 1. It has broken down from the lower trendline, and 2. price was rejected at the broken trendline. What this means is that the breakdown from the ascending triangle is real and not a fake breakout. And what this also means is that Nikkei is now in a downtrend. Likely we are going to see a crash coming.
OANDA:JP225USDShort
by yuchaosng
GOLD → What could trigger a fall?FX:XAUUSD is forming a false breakdown of the key resistance and as a consequence - passes into the phase of realization of the bearish pattern “Wedge”. If the general background persists, the price will be able to update the lows.... On the back of upcoming inflation data (PPI and CPI), traders have reduced expectations of a Fed rate cut to one this year. Forecasts point to a rise in PPI, which could strengthen demand for the dollar and cause a correction in gold prices. However, the weak data has the potential to push gold to $2,705. Additionally, markets are watching Trump's policies and the possible introduction of new US tariffs, which could affect the dynamics of gold. Despite inflation risks, the metal has corrected from a one-month high, remaining a key hedge against inflation. Technically, we have a correction forming after a false breakdown. Quite an important phase in the market. If the bears can keep the price below 2675 - 2681, the decline will continue in the short to medium term. Resistance levels: 2675, 2681, 2690 Support levels: 2667, 2656 At the moment the price is testing 0.5 fibo, on the background of the secondary retest the zone can be broken (I do not exclude a false breakout and consolidation below 0.5 fibo, which will also lead to a fall) and the price will head to the retest of the imbalance zone, which can put pressure on gold. The most likely scenario is a retest of the zone of interest 2675 - 2681 before further decline Regards R. Linda!
FX:XAUUSDShort
by RLinda
31
XRP to $4? Examining the Bullish Case and Key Resistance Levels The information provided in this article is for informational purposes only and does not constitute investment advice. Please do your own research before making any investment decisions. XRP, the cryptocurrency associated with Ripple Labs, has been a subject of much discussion and speculation in the crypto community. Its price movements have been closely watched by investors, especially in light of the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Recent Price Action and Market Sentiment Recently, XRP has shown signs of bullish momentum, leading to questions about its potential to break through key resistance levels. Several factors have contributed to this positive sentiment: • Legal Developments: The ongoing legal battle with the SEC has been a major overhang on XRP's price. However, recent positive developments in the case have instilled confidence in investors. • Technical Analysis: From a technical analysis perspective, XRP has shown promising signs. It recently broke out of a symmetrical triangle pattern, which is often considered a bullish continuation indicator. • Market Sentiment: The overall market sentiment towards XRP has improved, with many analysts predicting a potential price surge. Technical Analysis and Price Targets Technical analysts use various tools and patterns to predict future price movements. In the case of XRP, the breakout from the symmetrical triangle pattern suggests a potential price target of $4, representing a 60% increase from its current levels. This projection is calculated by adding the maximum height of the triangle to the breakout point. However, it's important to consider critical support and resistance levels. The upper trendline of the triangle, now acting as support, is near $2.37. A failure to sustain above this level could invalidate the bullish pattern, potentially leading to a pullback toward $2.30, which aligns with the 50-period exponential moving average (EMA). Factors Influencing XRP's Price Several factors could influence XRP's price in the near future: • Resolution of the SEC Case: A favorable outcome in the SEC case could significantly boost XRP's price. • Adoption and Partnerships: Increased adoption of XRP by financial institutions and new partnerships could drive demand and price appreciation. • Market Trends: Overall market trends in the cryptocurrency market can also impact XRP's price. Price Prediction Considering the recent developments, technical analysis, and market sentiment, XRP has the potential to reach the $4 price target. However, this is not guaranteed, and the price could face resistance at various levels. It's crucial to remember that the cryptocurrency market is highly volatile, and prices can fluctuate significantly in short periods. Therefore, it's essential to exercise caution and conduct thorough research before making any investment decisions. Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Please do your own research before making any investment decisions.
Long
by bryandowningqln
$NASDAQ:AEHR Breaking out of a triangle patternNASDAQ:AEHR is breaking out of a triangle pattern with positive news and earning coming. Things to consider: Earnings - Monday 1/13, they've been posting wins quarter after quarter, and I suspect this quarter will be no different. I'd expect a positive boost for the stock price. News - They've made recent announcement about new product offerings which will help increase their revenue stream. See: www.tradingview.com www.tradingview.com Entry Point: Current Price ~$17/$18 Stop Loss Target: Since the stock appears to be in an upward trajectory, setting a close stop loss should be ok something like $15/16. That would mean the price starting dropping back below the breakout point. Price Target: $35.99 Back Story: I have a love/hate relationship with AEHR, it was one of my first big wins in trading stocks - It was my first pennant pattern that I bought ~$6. I then continued taking profits and looking for new entry points. I bought low, sold high (rinse and repeat) and finally got burned by not selling when it hit ~$50's! Lesson learned... Stocks do come crashing down, take profits and accept losses.
NASDAQ:AEHRLong
by dzygadlo
7
Strong attractor to $BTC price around 88kWe can see a beautiful confluence of technicals around 88k 1- Blue dotted line; multiyear (since 2021) strong resistence trend 2- Orange dashed line; recently reseted volume-weighted average price 3- Green tick line; exponential moving average from last 200 12h periods 4- Purple arrow down; target from shoulder-derivated triangle 5- Green fine line; important multiyear Fibonacci-circle level If this important resistence made of lots of confluences doesn´t hold, we will see the CME gap closed after price plunges to the marked orange square
BITFINEX:BTCUSDShort
by CCCLopes
GOLD → False or true resistance breakout?FX:XAUUSD is trying to consolidate above the previously broken boundary of the ascending channel and symmetrical triangle. The struggle that has not ended creates risks for both buyers and sellers. Economic problems in China and Trump's policy risk continue to support gold. Inflation expectations are rising amid rising oil prices and the outlook for trade policy in the US. Friday's NFP report showed strong employment growth, making it less likely that the Fed will significantly cut interest rates in 2025 Traders' attention is also focused on CPI data to be released on Wednesday and its impact on future Fed policy. Resistance levels: 2690, 2700 Support levels: 2685, 2678, 2665 At the moment, the price is in consolidation above previously broken resistance. If there is no bullish momentum and the price makes a false break of the channel resistance, in that case gold may go down to 2678 - 2665. BUT, a break of the local downside resistance could trigger buying and upside to targets: 2700 Regards R. Linda!
FX:XAUUSDShort
by RLinda
16
EURCHF strong bullish expectations for next periods OANDA:EURCHF highly interesting chart, many pulls back, strong zones and nothing special we are not see still, here having strong bullish expectations for next periods, let's analyze. Trend line visible (doted line), price is make few push on her, but we can see there are not bi with some strong returns, long moves, after pushes are come pull backs. Currently price is on strong zone, and SYMMETRICAL pattern is visible and ASCENDING TRIANGL pattern is visible, their structure are much more better visible on lower TFs 2 and 1h. Here on todays events expecting bullish push SUP zone: 0.93700 RES zone: 0.94750, 0.95000
Long
by DepaTrading
Updated wave count shows wave D complete.So, I’ve updated my wave count to better align with what has happened, and discovered something I had missed in the process. What I thought was wave E is probably better explained as a part of wave D, and the recent breakout was the final leg of wave D. Wave D in a triangle often ends with a breakout attempt, and my anticipation in seeing it earlier but it not being there has now been resolved! In redrawing it has become clear that wave D has been trading inside a rising wedge, which is now ripe for wave E to drop out of the bottom of it. I had missed this, but price is consolidating at the bottom of the wedge now. Target for a rising wedge as a continuation pattern is the start of the lower boundary of the wedge, which puts it at $1.98. However, wave E more often undershoots expectations, as opposed to overshoots them. So my target remains $2.15 - $2.05. There is the observation of alternating wave characteristics, so if wave D is long and complex, wave E is likely to be short and simple. The arrow pointing up at the end is what I expect, but that is based on hope. It could be an arrow down and I’d have just as many reasons to explain why it’s pointing down. So, although the weekly looks as though it’s possibly targeting $1.90 as a weekly ABC, the actual structure of the correction remains a triangle and so wave E undershoot remains keen in my mind. Just keeping it real, not doing any fudding or owt.
by Indiroots
1
Is ZEN Preparing for a Bounce? Key Levels to WatchZEN recently broke down from a 10-day descending triangle, signaling bearish continuation with strong selling volume. This triangle forms the B wave of an ABC corrective pattern, indicating further downside is likely before any potential reversal. Let’s dive into the technical details and key levels to watch. Key Observations and Levels: 1.) Descending Triangle Breakdown: The measured move target of the descending triangle lies at $18.7, aligning perfectly with multiple confluences: The 0.702 Fibonacci retracement from the recent lows. The previous trading range highs, adding historical support to this level. 2.) Fair Value Gap (FVG): Back in December, ZEN broke out of its previous trading range, leaving an unfilled FVG around $19.5, our previous high on December 7th, 2024. This gap represents a significant area where price may return before resuming its trend. 3.) Support Zone – $20 to $18.7: The $20 psychological level is a key point and aligns with our support trendline from previous lows. The Fibonacci negative 1 extension of the descending triangle also targets $18.7, further reinforcing this level as a significant support. 4.) Trade Setup: The $20–$18.7 zone presents a strong support area with multiple confluences, making it a favourable entry point for a long position. However, confirmation is essential! Watch for bullish candle patterns and volume signals before entering. Conclusion: ZEN’s breakdown from the descending triangle suggests further downside, but the $20–$18.7 zone offers a robust support area with several technical alignments: Fibonacci retracements, the descending triangle target, historical range highs and an unfilled FVG. This zone presents an attractive long opportunity, provided confirmation signals are present. Monitor the price action closely in this range to capitalise on a potential bounce. Happy trading everyone!
Long
by SiDec
Scenarios for buying Gold!Hello Everyone, Dear Traders, A triangle was formed for Gold After the break TP could be around top of this Channel However, an overbought witnessed in the LTF. We might see some corrections here! This could be the potential channel in future moves of the gold. Two possible setups: 1-You can buy now and hope for sharp moves and your TP would be around top of channel. 2-You can wait for bottom of bullish potential LTF channel and set the TP as mid of the long-term channel
FOREXCOM:XAUUSDLong
by AliSignals
Nobody appreciates it !!!The price will reach the top of triangle = $111 in the short term. 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
4