Technicals looking mighty bullish for SHIBA. Decending and symmetrical triangles broken out of. Cup and handle looking bullish. LETS HEAR THE OPINIONS !
Descending channel within a major descending channel with two potential profit targets. Waiting for confirmation of the setup before attempting to go long.
Hello traders and investors! Let’s see how MSFT is doing today! First, in the 1h chart, we see that the trend is still bearish. We did a higher bottom above the 21 ema recently, and if we do a new higher high, MSFT might break free from this bearish momentum. However, it feels like it must escape from this Descending Channel too before it can start to do anything...
hdfc bank on 15 min time frame make decending triangle pattern its shows most chances to bullish momentum to get
Reliance it decending traingle pattern its make break this pattern
BINANCE:ONEUSDT Hello everyone 😃 ONE had a breakout from it's descending channel and now MA200 is trying to reject the price. There is a possible retest on Channel's higher or support zone; It could be good to take a bag of it at retest point.. 📌 BTC is moving below resistance line and bearish trendline now ! So, Be very careful with altcoin trading in the...
BTC has a tendency to repeat its fractals.. we see a similar downward channel like the one seen in the previous correction from 58k to 43k. For a bullish scenario we would need this channel to break upwards, otherwise the bearish scenario will win... there is also a very low volume zone (green box) that has to be filled sooner or later...
Price action is kept the 30,50, and the 100 EMA 200EMA has been a strong support for 5 + days but with every touch it becomes weaker . We are at the top of a decending channel and i dont see LONGS being the best play here 2 options too short Either short the Red box marked on the chart with a sl above the prev high or wait for the Swing failure...
#DASHUSDT Technical Analysis Update Wait for the Descending Channel breakout DASH/USDT currently trading at $101 LONG ENTRY: Only enter long after Descending Channel Breakout in 4h chart STOP LOSS: I will update once I see a breakout in 4-hour chart Resistance level 1( Target): $111 Resistance level 2 (Target ): $120 Resistance level 3(Target): $137 Max...
Descending Channel, price tested a resistance level and has the potential of shooting down.
Todays analysis – ZILBTC – trading in a possible descending channel, currently testing local support. Points to consider: - Flow in the market/price action - Respecting key Fibonacci levels - Resistance Confluence - Trend Reversal - Low Volume - RSI below 50 ZILBTCs healthy counter-trend and strong continuation adds legitimacy to the money flow. The...
USDCHF is falling within the buyer's Zone, I am expecting the price to move higher from this point if it fails to break some key levels at the bottom.
Here is a simple analysis and prediction of the next few days, considering the overall situation this next move is going difficult to predict accurately, but while the price remains in the green zone my bias is going to be leaning bullish and the reverse respectively. While I will not be trading this move due to high risk, because of confounding factors, I would...
Hey there, please support this idea with your likes and follow me on TV. Just mentioning the importance of this trendline and decending channel. Watch out for a break to the upside, seems like bears are getting weak again after this pullback from 7.500 USD. Cheers, Konrad
Hi James and Joe! Looking at the weekly Gold chart, you can see a big ascending channel has been forming on Gold. This shows gold is currently now in the uptrend in the big timeframe like weekly or monthly. However, in a smaller timeframe such as the daily chart, it shows gold is now in a small descending channel. Moreover, you can see 3 more bearish signs in...
Hello Traders, AUDNZD playing well so far and play as expected. Therefore for those who following these idea please move you SL to entry as break even or 0% risk or take the partial of your profit and let the rest play around. Cheers and Enjoy everyone, Ochin_FX
Gooday Traders! From the daily Time Frame, price has been in a 12 month old descending channel. Last week price broke out upward from a descending triangle. Currently, price is making a correction of that bullish impulse wave with a flag pattern, inner descending channel or what ever your nomenclature might be. On H4 im looking forward to pulling my trigger for a...
Two major adjustments here to my previous TA for BTC. I realized that the trend that kicked off this run to $14k was actually a continuation of the trend that started @$250 in 2015, this caused the line to slightly tilt clockwise pushing the date to the right for intersection of this multi-month descending channel and the overall ascending trend line which I...