There's not much room/time left for AAVE to consolidate. AAVE has been making lower highs but holding support at the lows as well. After the next potential selloff to the golden pocket or the range lows, I would expect AAVE to make a very big move once the downtrend line is broken decidedly and the price consolidates above. BULLISH ONCE TRENDLINE BREAKS! Every...
Doge/usdt Create Decending Triangle on Binance 4h chart pattern What is a Descending Triangle? A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. Oftentimes, traders watch for a move below the...
DOGEUSDT has formed a descending triangle pattern and looks bearish
BTC Decending Triangle If BTC Breakdown Below 19500 And Retest Level 19500 To Go Short Target 19200--18800 Next Target 18200--18000 If BTC Go Long Toh Breakout Decending Triangle Pettern If Breakout Triangle Go Long Target 20600--20800 Next Target Is 21200 And Next Major Resistense 21800-22000
Colored (Coloured) lines drawn from highs above. Trading range
After a drop to 25.4K, The price was corrected to the level of 0.5 Fibonacci. The price has moved sideways, in a tight range for a relatively long time. Now this range is broken and the price can continue to move. Targets are displayed on the chart.
Very interesting , now there are 2 clear options if you see a descending triangle that's means is a down trend the price will hit lower targets but if you see again candle pattern the its clear visible a FLAG Pattern , and FLAG is a up Trend that's why i share both scenario. Note: While Trading Keep eye on Bitcoin behavior Hit like more i receive like more i...
Gold is now in a supply zone level if it breaks above 1960 then more chances to continue to buy the trend but vice versa current conditions show a short-term range and sellers can take hold.
In a downtrend infy is forming a decending triangle.high chance that downtrend can resume after the breakdown.
I can see some short term bearishness in SAXO:XAUUSD for the next few weeks. A breakdown of the support @ 1910/1900 could result in a test of MAJOR SUPPORT @ 1830. This leaves us between a nice range of strong support and resistance. Could easily end up playing out as a H&S or a Cup & Handle. We would need to see Risk on Assets come down again to rebreak...
I stumbled upon a recurring pattern on the XRP daily chart. It seems like every time $XRP has retraced back to the 0.5 Fib level before it bounces off it. Now as XRP could be breaking out of the descending triangle or you could call it a massive bull flag, we could potentially finally see XRP Move back up to newer highs in the upcoming months.
Appear to have a large decending triangle forming on SOL. Unless it can break up through that downtrend line I see it going to highlighted area
Since March of 2021 this pair has been in somewhat of consolidation. constantly hit support or resistance and reversing from it like clockwork. Price is currently in the support area and has broken out of a descending triangle on the 1hr timeframe with a massive bullish candle showing on the daily timeframe. I expect price to reach back up to the resistance...
This pair is in a very strong up trend on the daily and has formed a pivot zone on the 4 hr at 124.30 . Also looks like a decending triangle forming. I will look for a break of this triangle for a long trade. Initail target would be top of triangle with a stop below the 124.30 pivot zone.
Tata Motors is forming a descending triangle on a 1-hour chart. Gap to fill: There are chances to fill a gap of about 65 points that occurs on 13 Oct. Tata Motors taking support near 469 if this support breaks we can see weakness in this instrument. Happy Trading.
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Hi all, looks like Cardano's been using one of the BlockBullders trowels to build itself a pattern for the last wee while. The Bullder think's it's just about bottomed given the decrease in selling volume and supportive trend it's tapped twice. There's a good RR if some patience is had. Thanks Blockbullder