Trianglebreak
BTCUSD 1D (upward till resistance level)bitcoin, the price at the support line now all trying of bitcoin is getting to touch the resistance line again and will try to break it also, so the general direction is upward above 42000
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upward
Entry: above 43000
Tp.: 47250 & 49000 & 52000
Sl.: under 40000
SOLANA. READY FOR ROUND 2?This is how I would trade SOLANA USDT (30M time frame).
Based on my previous analysis, target 1 was hit, as well as target 2 (almost 40%!), but ended up retracing back to target 1.
My prediction is still that the pattern will continue upwards and ultimately hitting target 3. So definitely bullish.
Enter price when price breaks above the (new) bullish triangle.
Target 1: 179$
Target 2: 195$
Target 3: 237$
Once again, every single like, comment and follow is greatly appreciated!
Trade at your own risk!
ETHUSDT Analysis 02-09-2021 by TheSocialCryptoClubMorning,
as we could see after the big dump that involved the whole crypto sector starting from Bitcoin, a very strong support was reached where buyers made their pressure felt, keeping the price around the major support zone between 1800-2000.
After a phase of accumulation and lateralization, the volumetric profile shows us an interesting PoC (Point Of Control) in that area coinciding with our 0.618 Fibonacci calculated by CryptoFall.
Following the levels we can well notice how in the area 0.5 and 0.382 other important volumetric densities are created.
The clearly bullish price started its uptrend on 21/07/2021 to go and build a beautiful triangle that was broken as per the textbook to go and reach the 0.236 level.
In this area we could find a strong resistance from sellers looking for profit in the short term, and it could make the price retrace until it retests the breakout levels.
Important is to never buy on the run or just because you see green candles!
So it's better to wait for a good retracement and trade in Dollar Cost Average in different price zones to avoid block exposures.
The longer term Target remains always 5000 as indicated by the 0 level as indicated by CryptoFall.
Thanks for your attention.
Ethereum triangleBINANCE:ETHUSDT
The price has fallen after the 0.50 level twice
And there is a possibility that there will be a small drop again
And then to defeat the resistance can advance and after defeat
The price can climb to the ceiling of the triangle and then you can wait
Be a triangle failure
THE RED TO GREEN AND GREEN TO RED ENTRY STRATEGYHi guys
made 2 good trades using this strategy for my entries
- plot the daily open line on your charts and previous day close
- base your entries using the break of the daily open line
- use this strategy with other indicators :
ex for me i use VWAP, 9 EMA 5min and pattern such as flag or triangle to time my entries intraday
the best situation is when you have some consolidation at the daily open line level on the 5 min time frame or lower before entering the trade so it defines a clear stop zone before you take the trade
have a good one
USD/CAD: Analysis shows more decline. Price retests the broken triangle. The probable decline into a strong distribution area, where the Pivot Point support S1 is located, often acts as a magnet. The price will certainly be affected by tomorrow's fundamental news from Canada, but everything indicates a decline.
Berkshire Hathaway (BRKB) breakout the Triangle:The technical figure Triangle can be found in US company Berkshire Hathaway (BRKB) at daily chart . Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The Triangle has broken through the support line on 04/09/2021. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 50 days towards 260.16 USD. According to the experts, your stop-loss order should be at 291.81 USD if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Buys only on a breakout above 1817Gold continues trading sideways inside of a triangle pattern. We already had some false breakouts and possible entries.
If you don't have a trade yet, then do not rush!
Wait for a breakout above 1817 - a breakout means price closing above this level!
Once we see a breakout we could then look for short term trades with targets at 1829.
This is a significant resistance at which we could see participants collecting profits.
Then if we eventually break above that level as well, we could again enter long expecting for price to reach 1855.
Whatever the case is make sure to wait for a confirmation and use a smaller lot size in market conditions like this.
If you're looking for more conservative trades, then wait for a breakout of 1829!
XRPUSDXRP/USDT
On this side of XRP/UST the experiment has been on gaining path of the market.
It requires more ATH and ETH on the spot trading side.
On the other hand we can definitely consider a short increment of the next bullish.
IF we can hold on this for 3D pattern it will be profit in TP outstanding. 🤑🚀
ON ETH TRADING SPOT BANGA💥
VeChain - Quick updateVery quick VET 6hr chart update
VET has broken UPWARDS from its Triangle Pattern. A successful 6hr candle close above the descending trend-line is crucial. A successful retest of the descending trend line as support will also be another great positive sign.
With the Long Horizontal Support Area, VET was also in a potential Descending Triangle, so it's a really good sign that VET has broken above the descending trend-line. A successful close above will also invalidate the potential Descending Triangle pattern.
VET is back above its Least Squares Moving Average (LSMA). A successful close ABOVE the LSMA is a potential Buy Signal.
VET is back above its Bollinger Bands Middle Band Basis 20 Period SMA.
VET is back above its Volume Profile Visible Range Point of Control. (VPVR POC).
Note that Volume has increased and the last 4x 6hr Volume Bars have been ABOVE its Volume 20 Period Moving Average.
The MACD Line (Blue Line) is still in the Negative Zone but note it has crossed back over the Signal Line (Orange Line). Expect a big move up if the MACD Line (Blue Line) crosses back over the 0.0 Base Line into the Positive Zone on this 6hr timeframe.
A 6hr Candle close ABOVE the BB Middle Band, LSMA, VPVR POC and Descending Trend-line is crucial for continued upwards momentum.
I hope this very quick post is helpful with your trading and hodl-ing.
Notes:
LSMA = Black squiggly line on chart
Bollinger Bands = Grey Bands on chart
VPVR POC = Long Horizontal Red Line
Trend-Lines (Triangle Pattern) = Dashed Lines
Support Area = Black Lines with Yellow Shading
Volume Bar & Volume MA = You know where that is ;-)
MACD = Bottom Indicator
COTI Analysis (LONG)Feeling super bullish on COTI atm, coming out of a red sunday having support on R/S flipped resistance and looking to breakout the triangle with Fibonacci at the 0.382 mark.
I've been watching COTI for quite some time now and its always been hovering close to the R/S line and only broke out after the COTI listing news on Coinbase. This retracement will not go down to the 0.236 range so with everything being pretty much aligned I'm excited for this trade.
Do you feel otherwise? Do you feel the same? Let me know what you think!
Thanks for reading :)
Chart: /VuU69qUP
(I cant post links sorry haha)
LINK in TriangleBINANCE:LINKUSDT
The process of guarding has taken a heavy toll and you can
Wait for the price to reach the bottom of the channel and see the reaction after seeing the reaction
Decide which is less risky and the second method is that there is
You can stabilize after being supported by the Fibonacci level
Reaching the top of the midline you can re-enter
ETH USDT: SELL @ 3252Hey Guys, hope you are all doing well. I've been away for the past few days, but I'm back now with full force.
Welcome to today's trade as a part of "Aglogains - Daily Trade Series".
The price broke out of the price the ascending triangle pattern to the downside. The RSI has also been showing weakness for the past few candles in the 1HR time frame.
Taking these two conditions we have entered a short position at 3252.
I'm following a new techniques of trading triangle patterns where the expected move should be equal to or greater than the breadth of the triangle. In our case it is around 120 points.
But there is a resistance at 3200 - 3195 so I would look to book some profits at this levels or watch how the price behaves at this level closely.
Entry: 3252
TP: 3152 (100 points, since my entry was after 20 points, and I'm expecting a 120 point move.)
SL: 3282 (30 points)
Will keep you posted on the progress.