AUDJPY is trading in a bullish trend. After setting a new higher high, the price formed a symmetrical triangle formation on an hourly time frame. Its bullish violation is a strong trend-following signal. I expect a growth to 98.24 / 98.4 ❤️Please, support my work with like, thank you!❤️
To keep it simple, the bull flag pattern is still working away after a successful retest. Some may ask why are we still in the same area, and the answer to that may be the ascending triangle pattern that we dove into right after the break. You can see its constructed with falling wedges, and I believe the next burst of price action will send us flying towards...
Fifth winning strike of bulls and Nifty50 made All the Time High that is 22186. Nifty has form green body candle with long upper and lower shadows. Currently candle is trading near upper band of Bollinger Band. Index is forming Ascending Triangle So further uptrend can be seen towards 22381 with support of 21939 level. ⚠️ Important: Always maintain your...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments. Some days ago price traded near resistance level, which coincided with resistance area, but later it bounced to $1.0890 points. After this, Euro made correction, and then in a short time rose back, entered to traingle and made downward impulse. Then price entered to...
Ripple analysis in the medium term Considering the breaking of the upward trend line and maintaining the support of 0.5454, the market can continue to climb towards the number of 0.6161.
#LITECOIN once again got some SUPPORT from the historical SUPPORT zone around $56 - $61. Since August 2023 #LITECOIN took multiple SUPPORT and POST 140 days of price action a SYMMETRICAL TRIANGLE formation is seen with multiple new HIGHER LOW formations each time giving enough SUPPORT and possibly pushing the price to break out above the SYMMETRICAL...
FAIRCHEMOR stock has made Big Broadening Pattern And around the support of Broadening pattern stock has made Ascending Triangle pattern Also Stock has given Breakout of Ascending Triangle pattern We can clearly see Breakout with Huge Green Candle!!!! Stock can show 2100 levels in coming weeks Which is 50% from here on. Broadening Pattern target is 3000+...
Just like in BTC and everywhere else in the crypto markets, the trading volumes on ETH are also very low. However, the main difference from BTC is that Ether's supply is now deflationary. Since the merge of the new consensus mechanism; Ether's circulating supply has been going down. (The first year in deflation). And alongside this data, on-chain metrics show...
One of my works aimed at breaking the triangle formation
In NSE:BANKNIFTY there is failure of descending triangle pattern. When a descending triangle fails, it often leads to a sudden reversal or consolidation rather than a continuation of the prior downtrend. This reversal could result in a period of sideways movement or even a bullish breakout if buying pressure persists. A sustained rally above the upper trendline...
A descending triangle is a bearish continuation pattern characterized by a series of lower highs (forming the upper trendline) and relatively equal lows (forming the horizontal support line). Traders often look for a breakdown below the support level as an indication of further downward movement. Traders SHOULD wait for a clear breakdown below the horizontal...
Apple is looking rather precarious in my opinion. This will be the 4th touch of the upsloping trendling which has kept support intact and allowed Apple to gradually move higher since the beginning of 2023. We also seem to be morphing in the shape of a flat top triangle which are known notoriously to break down. Apple has also held above its 200dma (green ma) but...
ICP tested the ascending resistance quite a lot and managed to stay inside the triangle. It will go up to 14 and if it can break it this time we could see a nice rise.
USDJPY is preparing to break out of a recently formed ascending triangle. The US dollar has shown strength and there is a solid support zone formed around 149.687. This indicates that the breakout will likely be bullish. Further rise in the price could finish just above the high of the current trend at 151.100, which is our target. For risk management a stop...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 When price started to trades in flat, price some time traded near $41300 level, which coincided with support area and bounced up. After this, BTC rose to $49000 level, exiting from flat and entering to triangle, where price made downward impulse. Price declined...
feb 17/2/2024 swing trade perfect symmetrical triangle long term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
There is a formation of a bullish pattern on BINANCE:AVAXUSDT , and it looks so pretty enough for the bulls. However, there will be an unlock event on the 21st of February, this may present an opportunity to buy Avax before it leaves the train station. I am going to make a purchase here, then I will DCA when I see it at a cheaper price. May the bulls be with...
Hi. COINEX:LUNAUSDT 😊Today, I want to analyze LUNA for you in a 4h time frame so that we can have a short-term view of LUNA regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). LUNA is in an ascending triangle which means the price is about to do a good bullish movement. The price...