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Ascending Triangle

⚠️The last bullish chance of BITCOIN in Short term!Hi. COINEX:BTCUSDT As you can see, the price was able to break the Adam&Eve and reach the first target, now the price is in an ascending triangle , which can easily reach the desired target after the break. 🟡Summery: -BTC has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pattern is Visible on The chart! -AB=CD - On the way to 45k [ /i] 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! Previous Analysis: ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
2
Dymension(DYM) is Ready Go UP🚀➕20%🚀🔥Project Dymension(DYM) as been launched in exchanges for less than 3 days, and today I am trying to share an opportunity for you to buy DYM token . 📚What Is Dymension(DYM)❗️❓ Crypto apps are in dire need of ease of use and economic sustainability. Recently, rollups have shown a simple business model that works, fees minus base layer costs equals their profit. As a result, a surge of L2s were deployed each with its own custom implementation, multi-sig bridge, and security assumptions. This led to a fragmented, unsecure, and chaotic user experience diminishing the advantages of rollups and modular blockchains. ✅ Dymension(DYM) was able to break the 🔴 Resistance zone($6.40-$6.08) 🔴. 📈From the point of view of Classical Technical Analysis , Dymension(DYM) seems to have succeeded in forming the Ascending Triangle . 🔔I expect Dymension(DYM) will go UP to 🟡 Potential Reversal Zone(PRZ) 🟡. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Dymension Analyze (DYMUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
42
🚧GTAI is Bullish now🚧 & many Traders don't see it 👀!!!Hi . KUCOIN:GTAIUSDT ✅ Today, I want to analyze GTAI for you in a 2H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️ As you can see, the price completed its downward waves ( ABC )after breaking Rising Wedge, and now it's time to confirm the breaking of the ascending triangle, After then The price will rise And starts 5 WAVES ascending and rise up to top of Channel. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️ Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
8
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:BTCUSDT As you can see , t he price was able to break the cup&handle and reach the first target, now the price is in an ascending triangle, which can easily reach the desired target after the break. 🟡 Summery: -btcT has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pattern is Visible on The chart! -AB=CD -On the way to 45k 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Thank you, and for more ideas, hi t ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️ Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Previous Analysis:
COINBASE:BTCUSDLong
by CobraVanguard
14
⚠️Upclining USDT dominance !Hi. USDT.D - The Tether market dominance chart shows that CRYPTOCAP:USDT has maintained support around 5.60% -As long as this support holds, the crypto market is likely to see further downturns🔻 -More confirmation of trend changes is needed before entering bullish positions. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️ Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
CRYPTOCAP:USDT.D
by CobraVanguard
2
✅GTAI's Situation: What Shall we Expect, can ascend further?Hi every one ➡️ As you can see, GTAI has grown well since its introduction. After the broken of Falling Wedge, started 5 upward wave and successfully completed it, and then started a corrective wave, which it has now completed. Now it's time for it to start its upward wave, and considering that the price is now in an ascending triangle. -Hidden divergence has occurred, this signal can be strong. ➡️ second scenario: If the first scenario failed , we can look at the second scenario. In the second scenario, the price can form a bullish flag, which can have a good growth after breaking the price. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
Long
by CobraVanguard
5
GROK BULL RUN STILL POSSIBLEGood morning traders A few days ago i posted about GROK and the potential it has of starting its bull run We seen a heavy sell off last night back down to a previous support level that was set in the previous weeks If we take a look at the volume it shows that it could be a measured move for traders to add more to their bags at lower prices before the bull market resumes I am still very bullish on GROK at this time and the cup and handle pattern is still valid An invalidation would be shown when the bottom of the cup pattern is breached and closed lower Until then i will continue to add to my GROK holdings at a discount Another thing to point out is we have now started to form a bullish ascending triangle pattern on all higher timeframes and we could be in for a bit of sideways action until around 4th February 2024 by which time i do believe we can break to the upside depending on other fundamental factors involved Thanks for reading and if you could leave a like and a follow i would be very grateful as this helps me reach more users with my market analysis MY TAKE ON COMMUNITY... Do not join their telegram channel as if you ask any questions they will mute you pretty quickly and the moon kids will give you abuse for not living in pure hope alone, I found their community very toxic from the off and i left within 5 minutes, not a good luck for them as a team of mods with selective punishment based on their moon boy energy Don't become a moon boy, it is not logical to invest in to something based on hope, do your own due diligence and more if you can to make yourself comfortable with your investment decisions Enjoy the rest of your day!
MEXC:GROKUSDT.PLong
by cryptopsycho1111
4
BALKRISIND - Pennant Breakout: A Promising Signal for Traders📝 In this educational technical analysis, I would like to discuss BALKRISIND. Understanding key technical terms and patterns, such as pennants and ascending triangles, can help new traders identify potential trade setups. Remember, I am not a SEBI registered analyst, and this analysis is solely for educational purposes. BALKRISIND experienced a bull run from March 2020, starting at 650 INR and peaking at 2075 INR in September 2021. This move represents an impressive 314% increase. After the bull run, a pennant pattern formed. Pennant patterns typically occur after a strong price movement and signify a brief consolidation before the trend resumes. Pennant Breakout and Retest: 📈 On May 23, 2023, BALKRISIND witnessed a pennant breakout with good volume. However, what followed was an interesting development—a retest of the breakout level with strong volume. Retests are not commonly observed after pennant breakouts. Moreover, during this retest, an ascending triangle pattern formed on the 30-minute time frame, indicating a potential trend continuation. 🔎 Technical Term Explanation: Pennant Pattern : A pennant pattern is a continuation pattern that occurs after a strong price movement. It is characterized by converging trendlines, resembling a small symmetrical triangle, and represents a temporary pause before the trend continues. Ascending Triangle Pattern : An ascending triangle pattern is a bullish continuation pattern formed by a horizontal resistance line and an upward sloping support line. It suggests an ongoing uptrend and often leads to further price advances. Potential Trade Opportunity: 🎯 Traders can plan their entry upon the breakout of the ascending triangle pattern, as it indicates a high probability of trend continuation to the upside. Monitoring the price action and volume closely during the breakout will help confirm the strength of the upward move. Conclusion: I appreciate your support and encourage you to like this analysis if you found it helpful. Feel free to share your observations and comments. Your feedback keeps me motivated to consistently provide valuable insights. If you want to stay updated with more technical analysis articles and trade setups, follow me on TradingView through the link: in.tradingview.com 💪 Remember, successful trading requires continuous learning and adapting to market conditions. As the saying goes, "The only way to do great work is to love what you do." Keep exploring and growing in the exciting world of trading! Happy trading! 📈💰
NSE:BALKRISINDLong
by AfnanTAjuddin
CMSB rebound soon?CMSB After this few days of minor crash on penny stock, CMSB also been affected. It also been affected by the news of Norges Bank ceased to be substantial share holder on 12 Jan 2024. However, personally I think it will not affect the fundamental of the company. Technical wise, it as mentioned earlier, RM1.18 is a key resistant level that had been tested 4 times since Apr 2023. The last really in the 1st week of Jan 2024 was the 4th attempt to test this level and follow with the major correction. Today, 3rd trading week of 2024, the price been supported the strong support level (RM1.02- 1.05). If next week, the price rebound stronger back and supported by stronger that to be released on end Feb, that's good chance to break RM1.18. If it continue the short term down trend to break below RM1.02 then need to be careful and prepare to take loss.
MYX:CMSB
by mtwwy
GBPJPY → False breakdown on the background of distribution OANDA:GBPJPY is in the distribution phase after breaking the ascending triangle structure. Against the background of the November 2023 retest, there are not many chances to break 188.3 from the first time. The pound sterling both technically and fundamentally looks stronger than the Japanese yen. On the senior timeframe we see the formation of a sideways movement, which tells us about the neutrality of forces between buyers and sellers. In this case, it is acceptable to use a range trading strategy (trading from the range boundaries). After breaking through the ascending triangle structure an impulse (distribution) is formed, the price has not yet tested the resistance of 188.3, which plays an important role. There is a high chance that the market will show a false breakout and a small correction. The key point of the correction is a test of the rising support line. If the line is broken, the price may head towards the mentioned target. Resistance levels: 188.3, 188.66 Support levels: 185.9, 184.3 The most likely scenario is a false breakout followed by a correction to one of the above support lines, as the market currently has no potential for a resistance breakout. Regards R. Linda!
Short
by RLinda
11
Microsoft - Triangle BreakoutHello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my video analysis: All the way back in 2014 Microsoft stock perfectly broke above a major resistance area at the $35 level and entered a +1.000% bullmarket. Over the past three years Microsoft has been trading within an ascending triangle and recently broke out towards the upside. If we see a retest of the breakout level mentioned in the analysis, I am looking for bullish trading setups. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:MSFT
by basictradingtv
3
USDJPY ASCENDING TRIANGLE Hello Traders and welcome! Let's delve into USDJPY, highlighting an exciting trading opportunity. The price has recently surged above the breakout point of 146.379, signaling a significant move within the ascending triangle pattern. This breakout sets the stage for promising trading opportunities. Targets for potential gains are as follows: 62%: 148.263 79%: 148.787 Stay tuned for further updates, and may your trades be prosperous! Happy trading!
Long
by TradeChartPatternsLikeThePros
GBPCAD → Waiting for the price to start rising FX:GBPCAD is forming a bearish trend change attempt. The Canadian dollar index is declining, while the GBP index is in consolidation against the background of the uptrend. The growth of the currency pair may continue after retesting the support at 1.6977 and forming consolidation above this zone. What confuses us is the false breakdown of the 200-hour moving average, but what is interesting is that there is no strong fall. The market is in a correction phase and apparently the price is set to test the previously broken resistance (support at the moment). After consolidation, the market may move into the realization phase (distribution), where the price is capable of reaching 1.7275 in the medium term. Support levels: 1.6977, 1.6898 Resistance levels: 1.7050, 1.7132 I expect growth after the end of the correction phase. It is worth paying attention to the above support, because it is from this zone that the price can start the strengthening phase Regards R. Linda!
Long
by RLinda
7
BTCUSD → A "sell the news" scenario? What happened?BINANCE:BTCUSD tested a new high of 49K amid increased volatility due to positive news for the asset. But, as we can see, what many did not expect was a strong sell-off. I have been talking about sell-offs from the 48250 level for a while now, since mid-November 2023, the moment BTC entered a new range. The 48250 area is a strong resistance with a huge pool of liquidity and it is quite logical to see a false breakdown followed by sell-offs. In addition, strong bullish news related to SEC approval of applications for spot BTC-ETF forms the opposite direction to the expected price movement: At the moment, the "Sell The News" scenario is developing - this maneuver includes a possible price correction of 10-20-30%. It is logical that the price cannot grow all the time and the asset pricing includes corrections to maintain adequate liquidity in the market. At the moment the price is testing the nearest strong support 41639 and forms the third retest ( false breakdown ) of the support. In the TA format, the price can form a rebound, which we see. At the moment we should pay attention to the level of 42850 from which growth or a small rebound may follow and then fall to 40659 - this is a strong level, which is a risk zone and liquidity pool. A false breakdown may be formed before further growth. Support levels: 42850, 41639, 40659 Resistance levels: 44490, 45500, 47280, 48250 Regarding technical nuances ( resistance, false breakout ) a correction is forming. The price may test one of the mentioned support and liquidity zones to free the market from unwanted participants. Fundamentally, BTC is strong enough to continue its growth both in the medium and long term. Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
31