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Ascending Triangle

$MATIC - BULLISH but CautiousHello my Fellow TraderZ, #POLYGON ($MATIC) is going inside the Descending Channel Pattern and again got rejected by the Upper Trendline. The recent upward movement was also supported by the RSI momentum which clearly was showing Bullish Divergence. Now I see on 4 HTF price going to come and retest the MA50/200 at the least. Also on 1 HTF, it is clearly visible that Price was maoving inside the Ascening Triangle and broke the Triangle beautifully and again coming to retest. Here my projection for the coming hours/days where we could go to the $0.9 Happy Trading Fam. CHEERS!!!
MLong
by TRADER-GOKU
TWTR: Most important key points to keep in mind!• It seems TWTR is inside an Ascending Triangle chart pattern, between the purple trend line which connects the previous bottoms since July 12, and the black line at $44.57 which worked as support/resistance multiple times in the past; • To whatever side TWTR breaks, it’ll probably do a strong movement in sequence; • By doing an upwards breakout, the target would be the next resistance at $51.19. By losing the trend line, the next support at $38.07 would be the next stop; • What could frustrate this pattern? Usually, triangles are frustrated when we see sideways breakout, as this ruins any future momentum. Therefore, it is important to see a reaction on TWTR as soon as possible. I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
NYSE:TWTR
by Nathan_The_Finance_Hydra
3
Quant QNT - The most bullish high cap is breaking out! This altcoin is on fire right now because the bearish market structure is breaking out! On the daily chart , we can spot an inverse head and shoulders ( bullish reversal pattern) and a descending parallel channel . Both of these patterns have been destroyed by the bulls recently! This altcoin can definitely survive an upcoming crash on Bitcoin , so if you are pumped, then you should buy QNT right now! As per my Elliott Wave analysis, the new uptrend started with a strong impulse wave (1) and we have also successfully finished an ABC zigzag wave (2). Now wave 3 is in progress, and this wave you really don't want to miss. The previous all-time high is indeed a strong resistance, so you can take profit exactly at this level or slightly below to make sure you will get filled. QNT is currently one of the most bullish altcoins in the TOP30 category, and you really want to sell ETH if you haven't already. This altcoin is tremendous, and a 187% profit is really nice, isn't it? The bulls are right here right now! 95% of altcoins looks terrible, but this is definitely an expection. This trade provides a pretty good risk-to-reward ratio. For more analysis, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
39
BTC forming ascending triangleWill we see a break above the resistance zone? Well, we all know that ascending triangle BTC printing here is a figure with more chance to break above resistance. The price is coiling up above 200sma which is a nice sign for bulls. I would say that a break above 20sma (blue line) will be the first positive sign here. The oscillators look ok for the possible move up. Just a short-term move idea, could be nice to trade. Good luck traders
BITSTAMP:BTCUSDLong
by PhilosophersStone
2
STPT | +4000% Brutal Gains! Sleeping Giant STPT (Standard Tokenization Protocol) is a sleeping Giant, but when wakes up it will be huge, you can be pretty sure about that! We have been moving sideways for more than 3 years now on the weekly chart, and if we break this head and shoulders pattern, it will be tremendous! 4000% profit is a lot and I don't want to miss this altcoin, unfortunately, we can go sideways for another 1 year. So if you buy now, you can sit on the coin for a long time before it explodes. Yes, you can buy now and tomorrow it will be +1000%, it's really possible. Keep in mind that this is STPTBTC chart, not STPTUSDT chart. If you buy this coin, then your USDT value can go down, 50% drop is possible. You can buy this coin, if BTC hits 13k in the immediate short term. For a confirmation trade, buy a breakout above the Head And Shoulders pattern if you don't want to wait and want to catch the momentum. But there is a chance of another rejection at the neckline, which can lead to 50% decline almost immediately. Also, there is a local trendline that you can clearly see on the chart and if the bulls can break this trendline, then there is definitely a potential. I think this coin is a great choice and even if you buy for only 5% - 10% of your funds, it can be a smart bet. For more analysis, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
55
BMY: Always bet on pharma!Bristol-Myers Squibb Co Short Term - We look to Buy a break of 72.34 (stop at 70.99) Price action has formed a bullish ascending triangle formation. This is positive for sentiment and the uptrend has potential to return. Neckline resistance 72.00. A break of the neckline is required to confirm the formation. Further upside is expected. Our profit targets will be 75.96 and 80.00 Resistance: 72.00 / 80.00 / 100.00 Support: 71.00 / 65.00 / 60.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:BMYLong
by VantageMarkets
RIVN: A bullish structure? What to expect next?• RIVN dropped sharply in the last few days, however, it is trying to recover now; • For the first time, since the last top (Sep 15), RIVN is doing higher highs/low; • In addition, it seems we see an Ascending Triangle chart pattern; • This is supposed to be a bullish reversal pattern, but this is not a rule. If it loses the purple trend line, it might drop to seek the previous bottom at $31.78; • However, by doing an upwards breakout, it’ll trigger a reversal with a technical target at the previous top, at $40.78; • Either way, RIVN looks interesting, but an upwards breakout will have more upside potential. Remember to follow me for more analysis like this! Keep in touch.
NASDAQ:RIVN
by Nathan_The_Finance_Hydra
Bharat Dynamics Limited - Ascending Triangle + Fresh Volume 📊 Script: BDL (BHARAT DYNAMICS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY500 / NIFTY SMALLCAP 📊 Sector: Industrials / Capital Goods 📊 Industry: Aerospace & Defense Daily Timeframe Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price. 📈 Current RSI is around 72. 📈 One can go for Swing Trade. In keeping with its commitment to fight the future wars with Indigenous Solutions, #IndianArmy invites Indian Defence Industry to offer critical defence equipment for Emergency Procurement. Source / For more details : twitter.com KEEP AN EYE ON DEFENCE STOCKS. 1.BHARAT DYNAMICS (BDL) 2.HINDUSTAN AERONAUTICS LIMITED (HAL) 3.PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED (PARAS) 4.BHARAT ELECTRONICS LTD.(BEL) 5.COCHIN SHIPYARD LTD (COCHINSHIP). ⏱️ C.M.P 📑💰- 920 🟢 Target 🎯🏆 - 1006/1055 ⚠️ Stoploss ☠️🚫 - 855 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:BDLLong
by radha_23
Link - Trendline is breaking out! +60% right now Link looks pretty strong in the immediate short term, but for the long term I am still very bearish and I will tell you why in this analysis. We have a huge descending parallel channel on the daily chart and there are still no signs of a trend reversal. The first is that we at least need to break up this channel to be more confident. Also, my Elliott Wave analysis suggests that this downtrend is incomplete and we can definitely expect 2 USDT per coin next year. But for the immediate short term, we have a nice local ascending triangle - bullish pattern , and also the main yellow trendline has been destroyed by the bulls recently. +60% profit is possible and the previous wave (1) is a strong resistance, which can act as a reversal point in the future. If you really want to buy something in the short term, then the LINK coin is a great choice. But do not forget that the main trend is a downtrend, so take profit very soon. We don't know what the expected duration of this trade is. It can literally pump in a single week, or it can take 2 months to reach 13.3 USDT. For more analysis, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
66
✨Golem GLM - On fire! +2000% | Bullish flag + Huge breakout! Golem is on fire! You really want to buy Golem right now because the bullish flag is breaking out and an ascending triangle on the GLMBTC pair also! How can you not love the name of the coin? But you definitely will with the massive profits! As per my Elliott Wave analysis, we are prepared for the third impulse wave to the upside. The third wave is usually the strongest, so you don't want to miss it. The ABC correction has been completed, and we are forming a bullish flag pattern that is currently breaking out. You often find ZigZags corrections in bullish flags.  1:1 FIB extension is the next profit target (wave 3). Look at my idea about the GLMBTC pair in the related section down below. For more analysis, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
159
$CAKE - Just Taste ItHello my Fellow TraderZ, After June lows, $CAKE has been ranging inside an ASCENDING TRIANGLE on Daily Time Frame and continously maintaining the Higher Lows. Previous Daily candle closing was Pin Bar pattern with decent Volume. Now the price is trying to attempt the Breakout of the Triangle, all we need is greater Volume bars than previous one. Hence this breakout will be valid. Keep it in the Radar and enjoy the Trading. Target mentioned on the chart. Happy Trading. CHEERS!!!
Long
by TRADER-GOKU
4
Dollar index DXY - Everything collapses because of this! Except for DXY, everything is falling apart because everyone is selling their assets and buying dollars instead as a safe haven! Traders usually also need USD to open short positions on futures and speculate on price decreases. The dollar index is incredibly strong and this trend should continue for another few years. According to my analysis and to this chart, 2025 seems like a reasonable year for a trend reversal of this ticker. Keep in mind that this is the monthly chart for DXY and the price is printing a massive parallel channel on the linear scale and also on the log scale as well. As per my Elliott Wave analysis, we are currently in the strongest third wave and I expect to touch the upper trendline of the parallel channel before we can experience a corrective fourth wave. After that, the 5th wave will come into play, and we can definitely throw over the parallel channel and find resistance at the previous swing high from 2001. The DXY is a great indicator for traders and everyone should keep an eye on it. Interest rates are going up, and this is a negative indicator for the stock market. Look at my ideas about Gold and Bitcoin in the related section down below. For more analysis, hit "Like" and "Follow"!
TVC:DXYLong
by UnknownUnicorn2537518
69