NHPC formed a triangle pattern on daily chart. With the formation of double wick on initial test of support, there was a reversal in price action. There seems to be a strong support at this level. Price broke out of resistance that was tested previously at least twice. However there was some selling on the same day of breakout. Following day price tried to move up...
RSI has been in oversold zone for almost several months. The global parallel channel is wide. The volatility in it is very high. However, capitalization is insignificant to consider this as a disadvantage. Also, there was not a single listing even on small exchanges. If it falls to lower line of the channel, I personally will DCA. P.S. Vitalik Buterin supports $TYRANT
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...
Hi. COINEX:XRPUSDT Today, I want to analyze XRP for you in a Weekly time frame so that we can have a mid-term view of XRP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). XRP is testing the top of symmetrical triangle on weekly timeframe Up We Go if we manage to break upwards🐃 ✅ Due...
It appears as though BYON is trading in an ascending triangle. On the KST there has been a bullish cross. The stock is finding support at the DMI, and has broken above the 200 DMA for the second time in two years since the downtrend from ATHs.
Nike is getting close to the apex of a 4-year triangle pattern (where price inevitably breaks one way or the other). For now, I'm just watching for a certain setup to potentially trade on. If it breaks down out of the triangle (which it is currently threatening), it may find support around the 200-mo. EMA, which would be a better price to start a position. That...
Hello Traders, SOBHA LTD is a All time High stock and it has given a breakout yesterday on Daily chart. Ready to enter tomorrow at 1636 with Stop loss @1433 & target followed by 1:2 1:3 @2040-2250 levels. So this my Idea on this stock --What is your Idea on SOBHA LTD pls comment below. If you like my idea I really appreciate your support. Risk management is must...
Dollar Index is trading in a bullish trend. The price formed a nice bullish triangle on a 4h time frame, its resistance breakout is a strong bullish signal. The market will most likely keep growing next week. Next resistance - 104.5 ❤️Please, support my work with like, thank you!❤️
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...
Shiba is placed in this triangle, I see it as bullish, but there are buy downs in it, we have to wait to see which direction it will go in the end. After leaving the trend lines and the triangle.
Good day fellow traders, EUR/USD is in a very special place, we over the last 259 day have made a triangle on the weekly chart an currently sit on the APEX of a breakout favoring a strong dollar. One must wait for confirmation of a break out below the lower level of the triangle. The target for a move would be October 4th, 2023 low. There is potential for a...
In this chart we have figure out a Ascending triangle with a possibility to breakout at upside. so place entry, sl & TP positions accordingly. No Divergence spotted so far.
Symmetrical triangle formed on daily chart. Price broke out of resistance and successfully retested now support previous resistance line. Also noted low volume when price were falling with prior runup on price before formation of triangle chart pattern. Formation of hammer candlestick on bottom of support trendline indicates strong buying. Good short term...
It seems SOLANA is close to breakout a simmetric triangle that has been consolidating after a bullish trend. If the breakout happens to be above the resistance, the target price could be 240$
Beautiful triangle pattern formed on Avantifeed on weekly timeframe with multiple support and resistance tested. On the weekly breakout candle there were some selling during end of the week so signifies some profit booking and sell pressure. However for the last two months it has been consolidating forming a Flag pattern on daily chart. Price is currently trading...
Hello Traders, DMART as we can see on the weekly Chart since Nov 2021 stock was in a bearish momentum and finally after forming a proper Descending Triangle Pattern it gave a breakout on Nov 2023 and re-tested on the same trendline and it seems to be a Bull Run from CMP. CMP of the stock is 3852 and now it can go up to 4100-4130 levels. Stop loss would be...
Hi. COINEX:SUIUSDT Honestly, I don't feel like explaining because the chart says it all. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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...