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Trianglepattren

XRPUSDT Is inside a huge triangle 🦐XRPUSDT Is inside a huge triangle, and as we know the triangle is a continuation pattern. IF the price will have a breakout upward from the triangle, According to Plancton's strategy (check our Academy), we can set a nice order "A triangle pattern is a consolidation pattern that occurs mid-trend and usually signals a continuation of the existing trend. The triangle chart pattern is formed by drawing two converging trendlines as price temporarily moves in a sideways direction. Traders often look for a subsequent breakout, in the direction of the preceding trend, as a signal to enter a trade." ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
16
NIO Ascending Triangle and Wedge UpHey folks, I kept seeing you enjoy my analysis so of course I will do another one and I think it could go even higher than JMIA. Today I was just contemplating over all the news, youtube videos and so on and so forth about NYSE:NIO I don't completely see from where people taken the 150$ target for NIO but...🚀🚀🚀 In all seriousness, we have good elevating factors on the 1HR chart, good support and I seek to break the resistance. In the snapshot you clearly see somewhat of an undeveloped triangle that was showing to take down NIO due to Earnings. Now we have the same baby triangle with resistance and support getting closer until we break it. MACD is showing signs of running up just as it did the last time and I marked down the moves that I am pretty sure we might get that same area but better and get to 63$
NYSE:NIOLong
by RaphaelRusu
2
EOS/USDT ( Symmetric Triangle in 1 Hour Chart)Symmetric Triangle Breakout EOS/USDT currently trading at $3.54 LONG ENTRY: Only enter long after Symmetric Triangle Breakout in 1 h chart STOP LOSS: I will update soon Resistance level 1( Target): $3.95 Resistance level 2 (Targe ): $5.50 Resistance level 3 (Target ): $8.65 Max Leverage: 10X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
Long
by GreenCryptoTrades
2
EOSUSDT is trying to have a breakout from monthly resistance 🦐EOSUSDT is trying to have a breakout from monthly resistance. IF the weekly candle closes above the weekly structure, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
14
EURGBP Triangle Pattern: Bears BreakoutHi Traders! Since the month of November started the bears have been in control on higher timeframes. We've seen EURGBP form lower lows and lower highs on most timeframes but recently the market made a strong push up (from point A - 0.88616 to point B - 0.90044) forming a lower high and continuing in the overall market direction. In the last two days the market formed a higher low (point C - 0.89147) and a lower high ( point D - 0.89637) again confirming the triangle pattern on the chart. As we head into this week the market has broken out and retested showing that it is still moving bearish in continuation with the trend. Thanks for viewing. Disclaimer: Analysis is subject to market changes.
Short
by Mancoba_Thabethe
4
$ETHUSD - Eth 2.0 DilemmaHi guys! 👋🏻 🔔 Ethereum is ongoing a historical metamorphosis of it’s network transitioning from the PoW to the PoS consensus. To start the chain, the deposit contract should receive a total number of 524,288 ETH from validators, total 16,384 deposits (32 Eth each) by November 24. 🔔 So far the deposit contract address on a popular transaction scanner shows that only 50,401 Eth worth of $22,787,804.13. 🔔 Looks like ETH holders are still couunting on the soar of the ETHUSD and are looking to make profit from trading. 🔔 As seen on the chart, ETH/USD has formed a symmetrical triangle pattern. As a general rule, one should follow the price action of the pair and wait for a breakout from either threshold of the triangle. Since, the price currently is holding near the upper threshold, breakout could be confirmed anytime soon. 🔔 Key level to watch if the breakout from the ascending channel is confirmed is $477-$500, if the price breaks the lower threshold of the triangle, the price might as well drop to $431 and below that to $416. 🔔 Ethereum’s price surge was not mainly supported by the Eth 2.0 transition, although it played a significant role, but was rather backed by the weakening US Dollar and uncertainties in the market followed by the US Presidential Elections. The election is still not over and the tension still remains, especially over Biden’s stimulus plans and Trump’s lawsuits, hence the price of Ethereum might as well continue to grow. 🔔 The postponement of the Eth 2.0 launch may hit the price, hence I highly recommend you guys to stay up to date to the Ethereum announcements on November 24, it's only 2 weeks away and 10X ETH are required, achievement of which is under a huge "?" mark. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITFINEX:ETHUSDLong
by azizelliott
3
IOSTUSDT breakout from descending channel 🦐IOSTUSDT had a breakout from the descending channel, and now the price is creating an ascending triangle. IF the price will break the triangle and retest it as support, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8