Descending Triangle on Brent @ D1A descending triangle pattern has formed on the daily chart of the spot Brent oil. It follows a long-term downtrend in the oil price and can be used for a bearish breakout setup. The triangle's borders are marked with the yellow lines. The cyan line is where my potential entry level will be. It is located at 10% of the pattern's height below the lower border. The green line denotes my take-profit level. It is set to the 100% of the pattern height plotted below the lower border. I will set the stop-loss level to the triangle's highest point (81.710) - the red line. I will ignore bullish breakouts from this trend continuation pattern.
Triangle
Bitcoin - Ultimate bull trap, soon a big crash! (must see)Bitcoin really cannot continue in this parabolic uptrend. Why? Because if yes, it would hit around 600,000 USD by December 2025. Of course that's impossible, so the only option is to slow down. Bitcon still hasn't made any bigger correction in past weeks and is currently facing a very significant psychological resistance of 100,000 USD. I am really not buying because the Moon Boys are back and first we need to see a shakeout and a flash crash.
85k is a very reasonable support because it's the end of the massive FVG (fair value gap) on the daily candles. Also, it's the start of the first price action on the volume profile. This is where you want to buy.
What we cannot miss is the symmetrical triangle on the 4H chart. This to me looks like a bull trap on retail traders because everyone would buy the breakout. So there is still a possibility of making a last push to sweep liquidity (stop losses).
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. 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!
Trading opportunity (Symmetrical Triangle) for NOSUSDT NosanaBased on technical factors there is a Buy position in :
📊 NOSUSDT
🔵 Buy Now or by Breakout
🪫Stop loss 2.530
🔋Target 1 5.770
🔋Target 2 7.660
🔋Target 3 10.100
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Zscaler Poised for Massive BreakoutZscaler's appears to be situation for a breakout from a massive multi-year consolidation triangle. It's P/S ratio is 4x less than its peak while revenue has increase dramatically. Profitability is coming with net margins being within a few points of positive earnings (used to be -38%). ZS had never missed a single earnings projection and the future looks like continued growth as businesses continue to invest heavily in cybersecurity.
This is eyeing the $400 level with a P/S of 25. The previous peak will act like a magnet once the breakout is complete. But it likely won't stop there. Steady revenue growth and profitability should push this to $600+ over the next 3 years.
$ALGO looking healthy on the 4H Algorand seems to be wanting to continue the bullish trend by forming a symmetrical triangle on the 4H timeframe, aiming a possible 37.17% breakout towards this local resistance level. Breaking this local resistance level would be important to continue the trend, but failing to do so would push Algorand back into the accumulation zone around 40 cents.
Wallpaper Bitcoin Bullmarket 2024. Here's a wallpaper for you to print out and hang above your bed, doubling as a piece of art and guaranteeing a good night's sleep.
Bull market 2024.
I have mentioned this idea previously beginning 2023 and was first mentioned here:
www.tradingview.com
I nailed my prediction on April 15th on another platform, which I can't mention, when Bitcoin was trading at $66,762, at which point I exclaimed: "weekly chart keeps saying no to $69,000 for five weeks now. The daily chart is struggling with its important $62,300 support, and it's starting to look weak. I think we're heading down again to $56,868". Pretty accurate, huh? :)
BITSTAMP:BTCUSD 114k next.
WTI crude oil Wave Analysis 6 December 2024
- WTI crude oil broke support zone
- Likely to fall to support levels 66.6 and 66.00
WTI crude oil today broke the support zone lying at the intersection of the support level 67.60 and the support trendline of the daily Triangle from September.
The breakout of this support zone should add to the bearish pressure on WTI crude oil in the coming trading sessions.
Given the strong multi-month downtrend, WTI crude oil can be expected to fall toward the next support levels 66.6 and 66.00.
Shiba shortterm movement predictionAs matter of fact i believe Shiba can see higher price even more than beside this believe I also certain about the movement of doge before Shiba - which means At first doge will begin its bullish movement something like XRP and after that the second largest meme coin will begin its upward trend for about one month and will meet its new ATH,
So for first step Shiba needs to has large volume trade above 0.0004 where can see it after 30% gain price price price
Zuari Industries on verge of breakoutZuari Industries on verge of breakout, above 358-360, it can give breakout, this stock looks good and even fundamentals are good. Good for long term and for a target of Rs 480 in short term.
This is not a buying or selling recommendation and is only my personal views.
Two Bullish Patterns Hint at Major Rally for PEPE !!!In the 4-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a H&S . If either of these patterns breaks, the price of PEPE can reach around 000026 .
Previous Analysis
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!!
PEPE Analysis - What Shall we Expect !!!BINANCE:PEPEUSDT
PEPE continues to consolidate within a bullish symmetrical triangle pattern.
The ongoing consolidation maintains a bullish outlook for CRYPTOCAP:PEPE in the near term👀
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
NEAR breaking up from invh&s and soon from symmetrical triangleIn order to reach the full inverse head and shoulder breakout target, NEAR will have to send price action well above the top trendline of this turquoise symmetrical triangle, in the process likely validating the breakout of that pattern too. *not financial advice*
GBPUSD: Bullish Price Action After Breakout 🇬🇧🇺🇸
GBPUSD looks bullish after a retest of a recently broken horizontal resistance.
The price formed a symmetrical triangle pattern and violated its resistance line
leaving a strong bullish clue.
The market will most likely continue rising to 1.2789 level.
❤️Please, support my work with like, thank you!❤️
BITCOIN $BTCUSD | BITCOIN OVER $100,000 ! Dec05'24BITCOIN BITSTAMP:BTCUSD | BITCOIN OVER $100,000 Dec05'24
BITSTAMP:BTCUSD Trends:
BITSTAMP:BTCUSD Weekly: Bullish
BITSTAMP:BTCUSD Daily: Bullish
BITSTAMP:BTCUSD 4H: Bullish
BITSTAMP:BTCUSD 1H: Bearish
BITSTAMP:BTCUSD rallied over $100,000 for the first time ever, and just recently price fell all the way to around $92,250. Unsure where BITSTAMP:BTCUSD is headed next but thought I'd throw my indicators and a few quick drawings on the charts. BITSTAMP:BTCUSD also has an ascending triangle pattern that could be a good opportunity for trade entries.
BITSTAMP:BTCUSD pullback prices:
Is a pullback to $69,000 heating up, here are my potential pullback areas:
91,500
90,500
85,500
77,000
72,000
69,000
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, bitcoin, bitcoin price, bitcoin halving, btcusd, btc,
BTC, BITSTAMP:BTCUSD , bitcointrades, bitcoinlong, btcusdlong, bitcoinshort, btcusdshort, bitcoinanalysis, bitcointrend, bitcoinrange, bitcointriangle, triangle, ascendingtriangle, chartpatterns, trianglechart, ascendingtrianglebreakout, chartpatternbitcoin, bitcointriangle, bitcoinhalvingschedule, bitcoinbreakout, bitcoinrange, bitcoinrangebreakout, triangularpattern, flag, bitcoinpatterns, bitcoinchartpatterns, btcpatterns, btctriangletrade, btctrianble, btctrend, btctrades, btclong, btcshort, btcrange, btcbreakout, btcbreakdown, bitcoinover100000, bitcoin100, bitcoinover100, onehundredthousand, bitcoinascendingtrianglepattern, bitcoinpullbacks, bitcoindrop, bitcoinpricerally
DEEPFAKEAI (FAKEAIUSDT): 20% Bearish Correction Confirmed?!Even though, 📉FAKEAI is trading in a long-term bullish trend,
we can not deny the following bearish clues:
↪️First, the pair violated a support line of a rising wedge pattern and closed below that on a 4H chart.
↪️Second, the price formed a descending triangle formation and broke its neckline as well.
We have 2 important bearish confirmations now.
The market may easily drop lower.
Next Support - 0.014
PULL BACK TO ATH? - BULLISH STRUCTURE HOLDINGAs illustrated, XRP is making yet another bullish structure and it seems that it's breaking out of it.
Be careful as this might be a choppy lift off, since XRP is very close to reaching historical high, and sellers might step in to put pressure by selling near the 2.50 - 3.00 price range.
However, I visualize bulls taking XRP to fresh ATH near the $3.0-$3.3 price range. Somewhere between $3.30 and $3.35
--
GOOD LUCK!
DOGE/USDT: 40% RALLY INCOMING!!🚀 Hey everyone! 👋
If you’re loving this analysis, smash that 👍 and follow for more premium setups that deliver results! 💹
🔍 Technical Overview:
DOGE is gearing up for a powerful rally! It has broken out of a symmetrical triangle on the 2-hour timeframe, and the retest is already complete—signaling strong bullish momentum. This could be the perfect time to go long!
🎯 Targets:
Target 1: $0.465
Target 2: $0.504
Target 3: $0.538
Target 4: $0.572
🛡️ Stop Loss: $0.417
⚙️ Leverage: Low leverage (Max 5x)
💬 What’s your perspective on DOGE’s breakout? Are you seeing the same bullish potential? Let’s discuss in the comments, share your analysis, and ride this wave together to maximize gains! 🌊💰
Like altseason arrived: ETH follows bullish chart patternsHello,
Like altseason arrived, Ethereum established a bullish trend in the green channel. Furthermore, the price has been in the consolidation of a symmetrical triangle (green triangle), which seemingly broke upward. The bullish channel and the symmetrical triangle indicate the optimal risk-reward ratio for a long position. If the break isn't a bull trap, ETH might continue going up until the $4500 psychological resistance, which aligns with the top of the channel. Breaking the channel upward could send ETH to $5300.
Following a bearish scenario, ETH might be rejected from the current price (top of the triangle), in which case, it might find support at $3400 - the middle of the channel.
Regards,
Ely