Walt Disney has trended lower since mid-2021. Now, after 18 months of consolidation, some traders may see further downside risk. The first pattern on today’s chart is the November 24 peak at $96.51. That closely matched April’s monthly low. Has old support become new resistance? Next you have the lower highs as prices try to hold the November 14 close of $91.07....
Price is consolidation in what it appears to be an ascending triangle. I think it needs some more work to do but I opened a long position bc you never know with penny stocks. They can just blow up in hours so I don't want miss it.
BINANCE:THETAUSDT is forming another resistance retest and in fact it can be considered an attempt to change the bearish trend. The chance of success is quite high as several key patterns are forming. On the high timeframe, the coin finds a clear bottom and the triple touch pattern confirms the area. But the price still has a long way to go for a trend...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 Recently price started to decline in falling channel, where it fell to support area, which coincided with $1.2530 support level. After this, GBP bounced from this area and made strong upward impulse, thereby exiting from channel. Also then, price entered to...
↪️The price of 📈RUNE has surpassed and successfully crossed over a declining resistance line of a descending triangle pattern on the 4-hour chart. Currently, it is undergoing a test of a strong support area accompanied by a bearish candlestick with high momentum. The next resistance for the buyers seems to be at 7.200, which will likely be their next target. For...
it seems we got stuck in the popular Triangle pattern, positive about buying altcoin for now, we will see another 43800
Move in the context of the ascending triangle can be either 41% up, to the resistance line, or 15% down, to form the next rising low. My previous analysis correctly predicted an up exit from the global descending channel. Now price is forming a more global long-term pattern - exit from which can serve as the beginning of an impressive trend. The target level after...
Stock testing to breakout Stock at major supply area Volume addition in stock Beautiful pattern breakout Stock retest it's supply zone No recommendation for buy and sell
Nice Ascending Triangle Pattern on QQQ which broke out today above resistance level and also retested to the breakout line. This is a great opportunity to buy Call Options.
Strong demand zone + bullish engulfing candle + price above moving average 200
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my chart analysis: Tesla has been trading in a triangle continuation pattern for a very long time now. We saw the same type of pattern back in 2019 followed by a 1.500% pump. A breakout above the current resistance trendline could lead to a similar price behavior. -------- I will...
Hi Traders ! The BTC Price Formed a Descending Triangle Pattern. So, Let's Expect The Bearish Scenario: If The Price Breaks and Closes Below The Support Level ! We Will See a Bearish Move... TARGET: 41500🎯
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price a few moments ago price started to trades in a triangle, where it first rebounded from the resistance line and made a strong downward impulse to the support line, breaking the 2300 and 2180 levels. But then, the price rebounded from this line and made...
I am Bullish on BNB for the Long term. BINANCE:BNBUSDT.P
I am bullish on BINANCE:BANDUSDT.P after the breakout with high volume.
NZDJPY was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
LINKUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
Coq will break the upper trend line soon and it's going to move near FWB:2BN market cap . Mark my word