Trianglebreak
GU-NIT Sunday GU fell like no ones business and kept falling.
We were retesting some previous monthly lows so the drop was expected.
Placed some trades on 8/28 entering after a break of rejection (1.17330)
exiting at a period of consolidation or correction (1.16760)
Priced corrected during London session, having my analysis from Sunday gave me an edge for NeW yOrK SeSsIoN.
1.6760 was an area of rejection, support becoming resistance... whatever you like to call it.
Once a close above that area, I initiated a long position back up to entry from Sunday exiting at 1.17445
Happy Monday It IS!
Happy Trading Week !
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Trade Technical- A classic triangle break, investor prayers to be answered for a reversal. A good buy.
Chiliz back in triangle pattern - next target: BREAK resistanceChiliz back in triangle pattern - next target: BREAK resistance
CHZ avoided the bearish scenario and invalid the textbook breakout of descending triangle
Now we are at a strong resistance from ATH
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
USDT DOMINANCE BREAKOUT! BAD FOR BTC!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT Dominance works opposite to BTC. If USDT.D bounces BTC dump or if USDT.D dumps, BTC starts pumping.
Now let's get to the chart.
USDT Dominance breaks out from the triangle in the daily time frame and it looks very bullish to me which is very bad for the crypto market. If this pattern plays out completely then don't be shocked if we see a new low of BTC but it's early to say time will tell.
As of now, we have a 100D MA resistance ahead from there we expect rejection and a relief rally in BTC.
Until and unless USDT Dominance breaks below the $5.7 level don't expect a bullish market.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
OBXUSDT more gain 🚀Hello 🐋
Based on the chart, the price is stands in the triangle close to the support area ✔️
if
the price does not break this support zone to the downside, we will see more gain 📖🚀
our
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Triangle Pattern Breakout in 1 DTF//BPCL>The good ACCENDING Triangle Pattern formed which ended up with strong green candle!
>The pattern took 3 supports at the bottom and 3 resistances at the top!
>12 AUG close is strong both 1 DTF & 1 WTF.
>In WTF it closed as a Hammer Candle , It is heading to break 20 DMA!
>Once it breaks 20 DMA then 50 DMA is the immediate target in WTF, the MTF is also looking bullish by the way.
>Stop-Loss is fine under the green bullish candle in 1 DTF and wait for the 20 DMA break and take the positions accordingly.
Hope the stock blast!
Chiliz CHZ with near breakout targetChiliz with near breakout target of ascending triangle at $0.20
Also CHZ can close today's candle above EMA200 - not done yet
Then next days will decide if this is a real breakout or fakeout as we had end of May dear Crypto Nation
*not financial advice
do your own research before investing
Triangle Pattern Breakout in 1 WTF!>Good formation of the triangle pattern happened but the most important thing we need to watch for is good Volume build-up!
> The 50-DMA should be broken with the good volumes is the only concern!
>The 4 Supports Levels are significant because they respected the same levels of (335-354) every time.
>There is also the formation of High-Tension Lines which is a good sign.
>The Stop-Loss is the best part of this set-up(>5%)
Let's Watch with patience!!!
BTCST/USDTBTCST/USDT breakout and breakout, triangle breakout, high gain is possible
NOT FINANCIAL ADVICE
Triangle Pattern Breakout in 1 DTF//IGL>The good triangle pattern with strong break-out can be seen in the following chart.
>The pattern took 4 supports at the bottom and % resistances at the top!
>Todays close is strong both 1 DTF & 1 WTF.
>In day chart there is a strong support from the 20&50 Day EMA's.
>In weekly chart it has just crossed the 20 Day EMA and heading towards 50 EMA.
>Stop-Loss is fine under the green bullish candle and wait for the Volume's built-up and take the positions accordingly.
PFE: Triangle break!Pfizer
Short Term - We look to Sell at 50.48 (stop at 52.47)
Our outlook is bearish. Broken out of the triangle formation to the downside. This is negative for sentiment and the downtrend has potential to return. Further downside is expected although we prefer to sell into rallies close to the 51.00 level.
Our profit targets will be 45.49 and 42.00
Resistance: 50.00 / 54.00 / 62.00
Support: 45.00 / 40.00 / 34.00
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