Pattern Formation - Ascending Triangle: The green dotted lines form an ascending triangle pattern, which typically indicates a bullish continuation. The horizontal resistance line is around 108.545, and the rising trendline provides support. - Head and Shoulders: There appears to be a smaller head and shoulders pattern within the ascending triangle, which can...
Chart Analysis: RUNE/USDT Pattern Formation - Symmetrical Triangle: The chart shows a symmetrical triangle pattern (green dotted lines), indicating potential price consolidation before a breakout in either direction. - Ascending Channel: The green trendlines form an ascending channel within the broader symmetrical triangle, suggesting a bullish bias in the...
Pattern Formation - Symmetrical Triangle: The green dotted lines indicate a symmetrical triangle pattern, suggesting potential price consolidation before a breakout. - Descending Channel: The red dotted lines show a descending channel preceding the triangle, indicating the initial bearish trend. Volume Profile Analysis - High Volume Nodes: Higher trading volume...
Pattern Formation The primary pattern formation observed in this chart is a descending wedge . The green dotted lines indicate the narrowing of price action, with lower highs and lower lows, which generally signal a potential bullish reversal. Volume Profile Analysis The yellow horizontal lines represent the volume point of control (VPOC) within the...
The chart displays a complex set of patterns: - Ascending Channel: Within the descending channel, there is an ascending channel formed by higher lows and higher highs, shown by green trendlines. - Symmetrical Triangle: There is also a smaller symmetrical triangle (blue lines) within the ascending channel, suggesting a potential breakout or breakdown. Volume...
Pattern Formation The chart shows several critical patterns: - Descending Channel: The blue lines indicate a descending channel, which typically suggests a bearish trend continuation. Volume Profile Analysis - High Volume Nodes: High trading volume is present around the 0.4340 resistance level, suggesting strong selling pressure at this point. Price Action...
- Descending Channel: There is a prominent red descending channel, marked by red dashed lines, indicating a general downtrend. - Ascending Triangle: Within the descending channel, there is a green ascending triangle pattern formed by higher lows and a relatively horizontal upper trendline. - Symmetrical Triangle: There are also indications of a symmetrical...
Short trade setup building on US30 Analysis using Price action: On chart we can see multiple descending wedges on 30m,15m. price broken Trendline of 180m wedge, the price is breaking below the Higher timeframe Channels. The overall bias is bearish as well. Risk to Reward is 1:1 RISK DISCLAIMER Any and all liability for risks resulting from investment...
Long trade setup building on OMGUSDT Analysis using Price action: On chart we can see multiple ascending triangles on 30m,15m. price broken above of the rising wedge of 60m, the price is making a swing low within the 'D' timeframe Channels (Red channel line 'D' ). The overall bias has changed to Bullish . Formation of swing low may lead to bullish trend. RISK...
Long trade setup building on ALGOUSDT Analysis using Price action: On chart we can see multiple ascending triangles on 30m,15m. price broken above of the rising wedge of 60m, the price is making a swing low within the 'D' timeframe Channels (Red channel line 'D' ). The overall bias has changed to Bullish . Formation of swing low may lead to short term bullish...
Long trade setup building on YFIUSDT Analysis using Price action: On chart we can see multiple ascending triangles on 30m,15m. price broken above of the falling wedge of 180m, the price is breaking above the Higher timeframe Channels. The overall bias has changed to Bullish. Formation of swing low may lead to short term bullish trend. RISK DISCLAIMER Any and...
Short trade setup building on GRTUSDT Analysis using Price action: On chart we can see multiple descending triangles on 30m,15m. price broken Trendline of 180m, 240m , the price is breaking below the Higher timeframe Channels. The overall bias is bearish as well. RISK DISCLAIMER Any and all liability for risks resulting from investment transactions or other...
Short trade setup building on US500 Analysis using Price action: On chart we can see multiple descending triangles on 30m,15m. price broken Trendline of 180m, 240m , the price is breaking below the Higher timeframe Channels. The overall bias is bearish as well. RISK DISCLAIMER Any and all liability for risks resulting from investment transactions or other...
Short trade setup building on GBPUSD Analysis using Price action: On chart we can see multiple descending triangles 180m, 240m , the price is breaking below the smaller timeframe descending triangles as well. The overall bias is bearish as well. RISK DISCLAIMER Any and all liability for risks resulting from investment transactions or other asset dispositions...