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4 potential top trendlines for monthly log chart xrp patternXrp has some sort of bull pennant that it has been forming since the 2018 top and there are at least 4 potential top trendlines for it which I have showcased here with different colors. The green top trendline would be if the most valid pennant is an ascending triangle, the light pink line is for a cup n handle pattern, the brown trendline is jut connecting the two red wicks, and the teal trendline is there because it was able to connect 4 key wicks. The purple trendline is the top trendline of a smaller triangle inside the pennant that has a breakout target of around $12 which means once it breaks out and its getting quite close to its apex, the momentum it brings on the way to its measured move target will take us well above the highest of all these potential top trendlines causing the chain reaction of the larger pennant validating its breakout as well. This is a monthly chart timeframe of course though…so even though the inside triangle with the purple top trendline is nearing its apex that breakout from that triangle could still be very possibly 1-3 more months away. I get the feeling around the time of the automated market maker amendment being implemented(march 22nd) we could see price finally leap up out of the triangle, if so I’m expecting a very bullish april for xrp The good news is the highest price for any of these potential top trendlines currently is around $1.56-1.58 or so and is not gonna be getting any higher so once we flip that price zone to solidified support then we can look forward to validating the breakout on the big pattern, and the fact that it’s a pennant means we will have 2 targets to look for in the long run: 1 for just the flag portion and then a much higher one based on the height of the pennant’s pole. I left the price target of the poles measured move target(in neon yellow) out of the frame of this chart idea but you may be able to drag that part of the chart down into the frame with your mouse or touchscreen if trading view still lets you. The reason I left it out of the frame is because I wanted to be zoomed in close enough to the flag portion of the bull pennant itself to be able to clearly see how the candles move in the coming months whenever I pull this chart back up and click the play button. *not financial advice*
CRYPTO:XRPUSD
by DrDovetail
1
XRPUSD log chart’s triangle pattern on the 1 month chart.Always a chance price action could break above this triangle at any given moment but we can see that the apex of this triangle goes all the way not 2026, so it could also just continue to grind slowly idle ways as well. Hopefully a final ruling in the SEC Ripple case occurs soon and isn’t followed up by any kind of appeal so price action can finally get moving. I am simply posting this chart here so i can keep tabs on this pattern as time progresses. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
USDMXN To 21.00 By Year End (Read Description)USDMXN had been trading in a tight range in a series of higher lows and lower highs. This is known as an 'ascending triangle' pattern. Now, I dont actually trade triangle patterns, but my trade idea is based off exploiting this patterns flaws to facilitate a trade to the upside. If you look at the NOV 26th Bullish candle that broke the 20.70 highs, there were most likley pending market orders to buy the market on a breakout. Since then it had retraced back into the range. Now my attention turns to the 20.06 low where I suspect there are resting sell-stops of traders who are LONG. Should price trade to that level and reject, I plan to buy as counterparty to those willing sellers at 20.06. Stop-loss at 19.75 Take profit at 21.00
Long
by Randal-TraderState
2
4 potential shorter timeframe triangles on rep 1wk log chartMy previous chart idea which I will link to below showed the monthly timeframe logchart of the 2 potential larger triangles xrp has been consolidating in, so I wanted to also follow that up with a weekly chart timeframe of the the 4 potential smaller triangles we have also been consolidating in so I can eep track of their progress as well. All the potential measured move ines here have been randomly placed so of course where ever it does break upward will likely be slightly different and will only require I readjust those measured move lines slightly at that point only changing their price targets slightly. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
XRP can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
CRYPTO:XRPUSD
by DrDovetail
2
Xrp moving above highest top trendline of linear trianglesThese triangle trendlines are most accurate looking on the monthly chart. I wll also post a weekly timeframe version of this chart and a daily time frame version thats zoomed nto the top green trendline so you can see how we have 3 consecutive daily candle closes above this extremely pivotal trendline and now officially have closed one weekly candle close above it too. Seeing as how the trendlines of the green triangle seem most valid on the monthly time frame however, i think the most important candle close will be once we have a 1 month candle closing a portion of the candles body above the line and the follow up monthly candle also holds the line as solidified support. This is such a major trendline to flip to support and as you can see, the breakout target for the green triangle of $3.75 is actually right around the same breakout target as the yellow triangle of $3.70 that’s very strong bullish confluence that should help increase the probability of hitting those targets as it has twice the bullish momentum potential as just one of the patterns would have. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
3 consecutive 1day candle closes abve key triangle top trendlineI wanted to post a daily timeframe close up of the top trendline of the macro time frame green triangle that xrp has been consolidating inside since 2018. We now have 3 consecutive daily candle closes above its top trendline and are working on what looks to be the fourth here. You can tell that it appears to be forming another little smaller time frame bullflag here with the last 5-6 candles which it has already done a couple times as well on the 20 or so candles just prior to those. The triangle pattern is most valid on a monthly chart so we should definitely not get too presumptuous that we have flipped this trendline to permasupport until we have closed 1 monthly candle above it and retested it as confirmed support with the follow up monthly candle. However we are making good progress now as we now officially have 1 weekly candle close above this green top trendline as well —> I will link the monthly version of this chart below so you can click on that idea as well to get the full perspective of this triangle instead of just a zoomed in look at the daily. Target if breakout confirms in this zone is $3.75. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
XRP → ATH is getting close. Consolidation before the rallyBINANCE:XRPUSDT rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140% At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775. Resistance levels: 1.5234, 1.6300 Support levels: 1.4116, 1.2775, 1.2133 So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer :) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:XRPUSDT ;) Regards R. Linda!
Long
by RLinda
31
LAI/USDT: 5X-8X SPOT CALL!!Hey everyone! 👋 If you’re finding value in this analysis, don’t forget to smash that 👍 and follow for more market-winning setups! 🚀 🔍 Technical Analysis: LAI is gearing up for a potentially massive rally! It has broken out from a descending triangle on the daily time frame and is now retesting the breakout level. The 100MA support is holding strong, providing an excellent base for the next leg up. This is a great time to start accumulating, with opportunities to add more on dips. 💡 Entry Range: $0.015 - $0.017 🎯 Targets: 500% - 800% gains! 🛡 Stop Loss: $0.011 ⚙ Why This Trade? LAI has entered a decisive bullish phase, confirmed by its breakout pattern. The retest and solid support at the 100MA are classic indicators of a strong continuation move. 📈 Fundamentals of LAI: LAI is a next-generation AI-powered crypto that’s building strong momentum in the market. Its ecosystem integrates artificial intelligence to deliver advanced blockchain applications, attracting significant attention from investors and developers. With the rapid growth of the AI industry and increasing adoption, LAI is positioned to benefit from these tailwinds. 💬 What’s your perspective on LAI? Do you see the potential for a parabolic surge in price? Share your insights and predictions in the comments below, and let’s discuss the roadmap to massive gains together! 🚀
Long
by CoreCrypto1
2
Polkadot / U.S. Dollar | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Polkadot / U.S. Dollar - Triple Formation | Neckline At 5.0960 - Wedge Structure | Bearish Trend | Bias On Hold - Invalid Target At 2.5600 - Retracement | 50% | Awaiting Target At 11.8350 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:DOTUSDLong
by TradePolitics
2
Easyjet ready to fly?Easyjet records better financial statements, looking at the report is possible to read that LSE:EZJ flew about 5% increase in seats when compared with last year. The revenue increased by 14% this mainly because of the increase of 8% in capacity. Looking over the financial indicator it's noticeable an increase in revenue and the difference compared to 13 week moving average. The price breakout for the second time above the top of ascending triangle following for a cross over the 200ema. The yellow resistance is the strongest one that still needs to be broken. ADX is already above DMI- and being at 19,49 can show some strength confirming the DMI+. EFI barely dropped below zero when the price failed to cross the EMA changing direction above zero rapidly.
LSE:EZJLong
by AFCapital21