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Symmetrical Triangle

USDT DOMINANCE READY TO FALL! BULLISH FOR BTC AND ALTS!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT Dominance update. USDT Dominance is looking in favor of BTC now. Currently, it is breaking down from the triangle pattern in 4hr time frame and now retesting the triangle. After this successful retest, we can expect a good drop-in USDT Dominance. As you know USDT Dominance is inversely proportional to the BTC, so we might see a good rally in BTC and Alts in the month of July. If this pattern plays out successfully then we see $26k-$28k for BTC on board in the month of July. Invalidation Level:- If USDT Dominnac breaks above the triangle (8.0 level) then this bearish pattern will be invalidated and we might see a new low in BTC. What do you think about this? Do you think that we might see a bullish rally in July month or do you think that we see a new low this month? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:USDT.DShort
by CoreCrypto1
2
AutoFarm AUTOUSDT - Record Volume + HUGE Channel + Elliott Wave- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout! - If you take a look at volume , we have a massive bullish volume spikes - always good to see. - 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too! - Due to my Elliott Wave analysis - 12345 Impulse wave should be completed and now are expecting at least a retracement to 0.618 FIB. - Look at my ideas about another great altcoins in the related section down below ↓ - For more content, please hit "Like" & "Follow"!
ALong
by UnknownUnicorn2537518
5
BTC.D Dominance - When Alt season? + Elliott Wave + Sym.Triangle- As per my Elliott wave technical analysis on the weekly chart - we can expect a retracement (ABC) in the immidiate short term. - But in the long term bitcoin dominance should go down and make a new lows. - We have a descending triangle , which is a bearish pattern (on the weekly chart). - If you are an Elliott wave trader, please submit your analysis below, so i can check! - Look at my ideas about Bitcoin, Ethereum and TOTAL crypto cap in the related section down below ↓ - For more content, please hit "Like" & "Follow"!
CRYPTOCAP:BTC.D
by UnknownUnicorn2537518
3
Keep3rV1 KP3RUSDT - Huge breakout! Falling wedge + Elliott Wave- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout! - We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade. - 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here. - If we take a look at the volume indicator - there is a strong bullish volume and that is always good to see. - As per my Elliott wave analysis - Impulse Elliott Wave has been completed succesfully and now I am expecting at least an ABC correction. - See my ideas about Bitcoin and Ethereum in the related section down below ↓ - For more content, please hit "Like" & "Follow"!
KLong
by UnknownUnicorn2537518
3
BTC: THIS SUDDEN PUMP IS JUST A RETEST! STILL BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC took a sudden pump after hitting $18.5k level and it reached to almost $21k level. But this sudden pump of BTC is does not looks good at all. As you see in the chart, This is just a retest after breaking down from the symmetrical triangle and looks like it is ready to fall again. According to the pattern target is $16k Invalidation level:- If BTC breaks above the upper trendline of the triangle which is at around $21,300 then this chart becomes invalidated. What do you think about this? Do you think it will pump again or do you also think that we see a dump from here. Let me know your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
15
Delta triangles guide price actionNYSE:DAL Testing Twitter integration. Looking for feedback on the symmetrical wedge pattern similar to the historical example. If the pattern repeats, it appears to be a reduction of volatility until some time near the funnel when a breakout may occur with significant velocity. The direction in the past was positive, but I suspect this version may have a negative skew derived from the negative sentiment in the overall economy. Now there is too much demand for airlines to satisfy but the prevailing sentiment is that demand will soon cool significantly from the Fed raising rates and the consumer tightening their disgressionary and travel budget.
NYSE:DALShort
by MarketFund2k
BTC: BREAKS DOWN! EXPECTING A MOVE TO THE DOWNSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC is not looking good here. Tried many times but not able to break the $22k resistance level. Now it's breaks down from the symmetrical triangle pattern in 2hr time frame. I'm expecting a 10-15% move to the downside. Resistance:- $22k Supports:- $19.8k/$18k If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Short
by CoreCrypto1
2
13k Q4 2022; Sept 2024 160k. analysis since day 1 of BTCThis is a very detailed analysis by Dia, I won't post till Q4 2022. - I see believe in 4 year cycles, average bull cycle is 800 days, and average bear market is 400 days, the other 200 I called ''neutral'' days where market switches between them. - Macro economics are very bearish , including stocks, more downside is definitely expected to keep inflation under control, SP500 is big bull channel ready to break down - TOTAL crypto cap is 914 b, next support is at 755 and 455 respectively, current crypto cap will not hold and 50% correction is definitely on the table (ascending wedge ) - The entire 30 to 60k symmetrical triangle structure has broken down, I notice every time a support line of previous bull run is broken, the last one will become support (the dotted lines). This is a very ugly break down and if people say bitcoin is DEAD and they show this chart, they can be right for the first time in history. - the 30k and 60k triangle can be manipulated into a falling wedge , that coinicides with Q4 of every 4th year of bull run being the bottom and support line from previous bull run touching there exactly to the point -looking at rsi we still actually just entered bear market territory (monthly stoch rsi under 10), bear market is around 40 to 50% finished. Still have a year or so to go roughly CURRENT STRATEGY DO NOT TRY TO TRADE IT (I shorted FLM and UNFI and lost 76% of my portfolio in 1 month)! Between now and end of 2022, DCA in coins, tokens that you believe in and look strong. THIS IS THE OPPORTUNITY OF YOUR LIFE!
BITSTAMP:BTCUSD
by Heartskull
ETH: NOT LOOKING GOOD IN LTF! READY FOR A NEW LOW!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. ETH is not looking good here in 1hr time frame. It is forming a symmetrical triangle-like pattern. ETH was rejected multiple times from the resistance line and now breaks the support line as well. I'm expecting a 15-20% drop from here in ETH price. As you know when ETH drops many altcoins will also follow. So stay cautious and trade carefully. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Short
by CoreCrypto1
5
XLM Expected Movement ExplainedStellar is in a Symmetrical Triangle which means the Price can Do a Bullish and a Bearish Movement Depending on the Break out which is gonna Happen Pretty soon.If the Price does a Bullish Break out , We can Expect the Price to Reach 0.1530$ But If the Bearish Break out Happens, The Expected Price after Completing The Movement is around 0.1250$. -XLM is in a Symmetrical Triangle -Price will Reach 0.1530$ in Bullish Case -Price will Reach 0.1250$ in Bearish Case -No break out , No confirmations! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
19
BTC: SHORT AND QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. First of all there is no need to be panic here. We have seen this kind of pump and dump from the past few days. Now let's get to the chart. According to the 4hr chart structure BTC is still holding the support of $28,800 and currently testing the lower trendline of the symmetrical trendline. We can expect a bounce from here. As long as BTC stays above $28k there is no need to be panic. If any 4hr candle closes below $28k then it would be very bad and we might see another low of $24k-$26k So keep an eye on next 4hr closing. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
2