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Triangle

NOTHING !!COINEX:NOTUSDT Notcoin is attempting to break through resistance of symmetrical triangle pattern after bouncing off support. Wait for a decisive breakout above the ma 100 to confirm the continuation of the bullish trend📝 ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!
by CobraVanguard
2
GBPUSD → False breakout of the range boundary FX:GBPUSD is testing wide range resistance in the distribution phase against the backdrop of the falling dollar. The market spent energy on strong growth and there is little chance of a breakout of 1.305, a correction or consolidation may follow. GBPUSD strengthens the bullish trend, but on its way meets strong resistance - the border of the range. Within the range, the price may form a correction to the nearest liquidity zones, such as 1.297, 1.294 or 0.5 fibo. Fundamentally, the dollar is declining amid the dovish stance of the Fed. The focus is on Friday's speech of Powell. The official's strong hints may intensify currency movements and volatility in the market. Support levels: 1.297, 1.294, 1.292 Resistance levels: 1.3044 Technically, a reversal follows after a strong rise and a false breakdown. The range boundaries are still in place and continue to hold the price Regards R. Linda!
Short
by RLinda
4
Bitcoin Dominance Update: Potential Market Dump!The Bitcoin Dominance chart has just reached a key resistance level, which is expected to trigger a rejection and initiate alt-season. However, given the market's volatility and technical structure, another short-term bearish scenario is also anticipated. In this scenario, BTC dominance could spike up to 67% over the next two months, potentially until November-December 2024. On the other hand, if the resistance level is rejected, we can expect a market pump accompanied by a strong alt-season. DYOR
CRYPTOCAP:BTC.D
by farhadnmd
ULTA: This could change the trend! |H & D charts|1-Hour Chart (Left Side) On the 1-hour chart, the price is moving within a descending triangle pattern, characterized by a series of lower highs converging towards a horizontal support line around $368.84. If the price breaks below the $368.84 support level, it could lead to a further decline, with the next potential support around $358.35 on the daily chart. A break to the upside, above the descending trendline, could invalidate this bearish setup and indicate a potential reversal. Daily Chart (Right Side) On the daily chart, the price has recently filled a gap around $388.98, which now acts as a resistance level. After filling the gap, the price pulled back but found support at $368.84, creating a potential short-term base. If the price can hold above $368.84, there could be an attempt to retest the $388.98 resistance. However, failure to maintain above this level might result in a drop toward the $358.35 support level. Key Levels to Watch Resistance: $388.98, which is aligned with the previously filled gap, acts as the main resistance. Support: $368.84 is the immediate support on the 1-hour chart, followed by $358.35 on the daily chart if this level breaks. There is another open gap at $332.92 and a more dramaticc correcction could take ULTA there. Summary ULTA is currently consolidating within a descending triangle on the 1-hour chart, with a critical support level at $368.84. The price action around this support will be crucial; a breakdown could lead to further declines. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:ULTA
by Nathan_The_Finance_Hydra
BITCOIN - Price can little correct and bounce up of the triangleHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to wedge, where it at once declined to support line, which coincided with support level. Then price in a short time rose to $63400 level, broke it, and later reached resistance line of wedge. After this movement, BTC made downward impulse, exiting from wedge and breaking $63400 and $54400 levels. Next, price entered to triangle, where it made upward impulse from support line to resistance line, breaking $54400 level again. But then BTC made a correction movement, after which started to grow, and now it trades near resistance line. Possibly, price can little fall and then bounce up to $66000, exiting from triangle and breaking $63400 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
13
ADAUSDT !!Hi. BINANCE:ADAUSDT ADA is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) . ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
2
EURUSD Long - term outlookEURUSD Long - term outlook This is a Daily chart for the EURUSD. With the most recent increase, EURUSD managed to break out to the up side of a massive Triangle that's been forming since January 2024 At this stage the price has produced an effective breakout as it has closed a few candles above the resistance line There are 2 additional confluences that support a possible increase - The 20, 50 and 200 EMAs align to indicate a possible beginning on an up trend and the MACD is indicating Bullish continuation The price can continue up targeting 1.11 and 1.125 in extension but this might as well be a false breakout and the price may reverse down again aiming at the 1.07 levels The way that you can increase your chances for success are by looking at a smaller time frame
by RTED_Investing
Symmetrical Triangle Symmetricle Triangle on the daily chart. Breaking up or down? Bullcase: what speaks for a breakout to the upside is that the shorts liquidation levels are up around $70k which most likely is a area of interest for the marketmakers wanting to make hence meat by liberating the shorts of their holdings. Target: coincides with the range high at $70k Bearcase: Volume is fizzeling out... Bulls running out of steam? if so it will be easier for the Bears to sell in to the possible breakout to the downside. Target: coincides with the range low at $50k
by lill_knaas
6
GOLD → Traders consolidate ahead of news...FX:XAUUSD is forming a trading range. The emphasis is on 2531 - 2485. On the background of profit-taking, before the news, the price may test the support before further growth. . The fundamental environment is the same: tensions in the Middle East and focus on Powell's comments on Wednesday and Friday. Today it is worth paying attention to the FOMC meeting, which will take place at 18:00 GMT. People are not interested in the rate cut itself, but in hints, comments and statistics. Technically, the global bullish trend continues, but before the news traders are not ready to take any important actions to continue the trend. On the background of profit-taking or manipulation, the price may come down to liquidity zones before further rise. Resistance levels: 2510, 2525, 2530 Support levels: 2495, 2488 The focus of his trading strategy is to build a bullish trend, which is still dominating the gold market. But, it is worth paying attention to the news. Regards R. Linda!
FX:XAUUSDLong
by RLinda
3
Bitcoin Outlook after the Dip. What to expect NOW?BINANCE:BTCUSDT Bitcoin is attempting to break through resistance of symmetrical triangle pattern after bouncing off support. Wait for a decisive breakout above the ma 100 to confirm the continuation of the bullish trend📝 ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!
BITSTAMP:BTCUSDLong
by CobraVanguard
GOLD → We're up to 2500. What's next, up or down?FX:XAUUSD is updating its historical high due to fundamental reasons. At the moment the market is struggling for 2500, at the same time the dollar is showing the prerequisites of readiness to go south. Fundamentally, there is a lot of interest in gold for several reasons: Crisis in the Middle East, expectations of Iranian action. A shift in the policy dovish view of the economy by the Fed Jackson Hole Symposium. Traders are quite positive, in anticipation of Powell's comments on the economy and their impact. Technically, a strong bullish trend and the realization of accumulation is forming on D1. The price updates the high and closes Friday's session very promisingly (at the weekly and daily high) A price consolidation above 2510 will be a good starting point to the next psychological levels. Resistance levels: 2510, 2525, 2550 Support levels: 2495 Technically, the focus is on the 2510 - 2495 range. If a false breakout of resistance is formed, profit-taking or MM actions may provoke price decline to the imbalance zone before further growth. But, a confident consolidation of the price above the resistance may form an impulse to 2525. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
14
Frankly, I don't feel like explaining, the chart says it all !!BINANCE:BTCUSDT Now bitcoin price is in the ascending Triangle with means the bitcoin price can react to this situation and breaks the triangle and will go up. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
USDCAD → The currency pair is preparing to decline. Target 1.360FX:USDCAD for the last few days does not show any preconditions for a pullback or growth, forming a pre-breakdown consolidation relative to 1.372. The fall of the dollar can provoke a breakdown.... Technically, the price is returning to the range of 1.3755 - 1.3600. The bears are holding resistance, forming a descending triangle under the upper boundary of the range, which is generally a prerequisite for a fall. The only possible target in such a case could be the range support. According to the survey conducted by BofA among investors, more and more traders are betting on the decline of the dollar. The general policy of the Fed is also putting pressure on the index. The currencies may go into a strengthening phase.... Resistance levels: 1.3755, 1.3787 Support levels: 1.372, 1.3655 Technically, the currency pair is forming a local downtrend, and the intermediate patterns play the role of triggers for the continuation of the movement. Accordingly, I continue to expect that the currency pair may decline to 1.36 Rate, share your opinion and questions, let's discuss what's going on with ★ FX:USDCAD ;) Regards R. Linda!
Short
by RLinda
8
Descending Triangle Patter in SBILIFE For Target @1751+On the 1-hour timeframe, SBILIFE has broken out of the resistance level of a descending triangle pattern. This breakout is a significant technical event, suggesting a potential strong upside rally. Following this breakout, the price is expected to move towards the 1751+ level, indicating a bullish trend. To capitalize on this movement, traders can consider entering a long position once the price sustain above the 1700 level. The targets for this position would be in the range of 1735 to 1751+, aligning with the anticipated upward momentum. It is crucial to manage risk by setting a stop loss just below the 1665 level, which will help protect against potential downside if the market reverses.
NSE:SBILIFELong
by TradZoo
2