✅Bitcoin broke the upper line of the classic Symmetrical Triangle Pattern a few hours ago.
🌊Regarding Elliott's wave theory , Bitcoin seems to have completed wave 4 with a Double Three Correction(WXY) in a symmetrical triangle.
🌊Currently, Bitcoin is completing microwave wave 3 of main wave 5 , which can complete around an All-Time High($73,777) ( or...
HCL TECHNOLOGIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1610+.
✅Can Go Long in this Stock by placing a stop loss below 1530-.
Bitcoin has been going sideways in the past weeks. Why? If we take a look at the chart, we can see that the price is inside this symmetrical tightening range. The only thing we can currently do is trade the range (sell high, buy low). Otherwise, we need to wait for the tightening range to show us the direction! Will it break up or down? Let me know in the comment...
BINANCE:ALPHAUSDT forms an attempt of the market transition from consolidation to the phase of realization of the accumulated potential within the framework of the uptrend.
Key accumulation area 0.500 - 0.0630. The resistance is broken, consolidation is formed above the upper boundary of the range, which hints about the readiness of the coin to realize the...
Bitcoin has been consolidating within a symmetrical triangle pattern for the past 24 days.
A breakout above the triangle's upper trendline would signal a continuation of the previous uptrend. This bullish scenario could propel prices the opening up the path towards the $80,000 target.
Conversely, a breakdown below the triangle's lower trendline would indicate...
BINANCE:BNXUSDT is forming an interesting pattern. A symmetrical triangle is formed on the chart and after shaking from below the price strengthens and breaks the resistance, which in general prepares the coin for further growth.
Technically, BNX is feeling better than BTC and looks strong enough to continue growing.
The price is breaking through the...
Hello Traders and Investors, in this video I will take a quick look at Adobe.
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Explanation of my video analysis:
Back in 2012 we saw a major symmerical triangle breakout on Adobe stock which was followed by an unbelievable rally of +2.000% towards the upside. Over the past 6 years, Adobe stock has once again formed a triangle formation and just...
Hey There,
- Like always, The chart is self-explanatory.
- We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one.
- This is one previous support that turned crucial resistance
- Previously, the price has fallen 3 times after testing this level. The fourth time's a charm?
- We see a good consolidation at the...
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level of the triangle, ideally around 2.1100. This offers an entry point close to the perceived shift in momentum.
Target Levels:...
This analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios.
📉🔺Parabolic Move and Symmetrical Triangle:
AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern.
This pattern indicates a period of consolidation and uncertainty...
AVAX has been forming a triangle pattern for an extended period. The price was respecting the triangle and making higher lows. Everyone was expecting a bullish breakout and continuation of the uptrend. However, the price reacted to the fall of Bitcoin and started to fall with it.
The triangle pattern:
The triangle pattern is a neutral pattern that can be either...
This chart screams bullishness. We are just a few weeks max from the apex of this symmetrical triangle on the xrpusd weekly chart and we are also about to have a weekly golden cross(where the orange line goes above the blue line) Doesn’t take a TA expert to see on this chart what tends to happen when this weekly Goldencross occurs on xrp. Obviously this isn’t...
BINANCE:FILUSDT is still in the bearish trend phase and is squeezed under the global trend resistance against which a pattern is forming that could turn the market.
Lately, the coin has been building volume and increasing liquidity, but it is still trading under the pressure of resistance. A symmetrical triangle is forming relative to this line on H4, a break...
Doge finally triggering the breakup from the tan channel after doing a fakeout the first time it got above the top trendline of the channel. Sizable pump that is already getting rather close to reaching the full target. We can also see that we have broken upward from the purple symmetrical triangle right at its apex which has an even high target. The current...
BINANCE:GMTUSDT is entering the realization phase after a long accumulation. Price is testing resistance for a breakout.
On the High timeframe, the coin is testing the resistance area. A breakout and bullish momentum is forming. A price consolidation above 0.4000 will open a new potential for the bulls. The coin is quite far behind the market and if the bulls...
ARBUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 1.8500 followed by 1.900
What...
On March 15, 24, I am looking to trade NASDAQ:ARM using this symmetrical triangle/bullish pennant pattern.
A move up piercing the upper trendline will present a buy signal, with volume confirmation on break out.
VANRYUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 0.3400 followed by 4.00
What...
