Triangle Wave
MATICUSDTWe could see that the price is in the corner of the triangle. I think after about 2 or 3 fluctuation, the price will jump up to the 2.01 range
ETH: Running Triangle. Time to go lower.While the daily chart remains neutral, on lower timeframes the sentiment is Bearish.
Here we can spot a couple of signals that give credence to this bias:
- The formation and execution of a Running Triangle (white ABCDE Triangle Wave).
- Bearish hidden divergence on the RSI and MACD (yellow lines).
- The EMA 10 (baby blue) and MA 20 (yellow) crossing the MA 50 (magenta) from above.
Should it be confirmed, ETH's price might observe further losses towards the 1600$ range.
INFO EDGE (NAUKRI)One can think of purchasing Naukri at current levels and has to accumulate it till 4200 levels. As it price action is in triangle formation seen in the attachment image. Once breakout is confirm it can go back to previous highs in next 3 months time. So, one can initiate a buy with sl of 4050.
MATICUSDT is forming a triangle 🦐The price created a double top on the daily timeframe. Ant the moment the price is forming a triangle. Matic is under the lent thanks to Polygon and DeFi. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
GBPCHF, 4hr tf, upwards movement expectedWe could see price rotate upwards after broken above the recent patterns.
To me it looks like falling wedge just like USDCHF pairs.
For a fan of elliott wave it is a triangle wave-4.
We will see price rotate towards 1.3200 area to complete wave-5.
Buy GBPCHF 1.2690
Stop loss 1.2570
Take profit 1.3200 (4.25R)
Use only 1-2% risk
Good luck
BItcoinand know the correction wave is completely clear.
the price is near to one of wave four cluster.
according to my last bitcoin analysis i am waiting for bitcoin in a price cluster 44000-41000$ or if the correction become deeper I'm waiting for 35000$ or over 31000$.
you can see my ex analysis about bitcoin and bitcoin price targets in my profile.
NAS100USD is ready for the new High 🦐The price retested the previous weekly resistance as new support, and now the price is testing the 4h resistance. IF the price will have a breakout upward, 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.
SRMBTC waiting for the breakout 🦐The price is creating a triangle below the weekly structure. IF the price will have a breakout and the price will flip the current resistance into new support, 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.
BTC Ending triangle
Daily wave counting looks exactly like Bulkowski Ending Diagonal Triangle Elliott Wave Pattern.
This pattern analysis is not a completed.
thepatternsite.com
I'm expecting a throw over so a potential short should be between ~76k and ~70k.
I know that this is a pretty large range but those are the levels where we should watch for bearish signs like Volume Spikes, bearish divergences on daily and lower time frames.
Till then I'm expecting sideways up price action.
RSI on weekly could be forming a new bearish divergence.
Will update this analysis as we go up.
Trading idea for BNBUSDTIf BNB breaks its current triangular wave, it may go for a new ATH. Or it may continue its correction down to at least its closest support level.