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Ascending

Ascending Triangle - 30 Minute ChartAnalysis Clear Ascending Triangle in the making on the 30m Chart . RSI mostly overbought but with yesterday's rally, RSI isn't something to completely rely on. EMA20 just crossed on the 30m Chart, meaning that it can bounce back up from here, or make a reversal down to an abyss. Personal Thoughts EMA20 doesn't lie, meaning that BTC has to make a decision of another $1000 bull run or dive back down. I believe it will make a $1000 run. RSI seems to be overbought on many charts, but Weekly Chart is still oversold for many days to come, so the pressure is still here for another $1000 bull run. Ascending Triangle is getting thin, and BTC normally doesn't get to the thinnest point. In the next 30 to 90 minutes we have the see that Ascending Triangle break.
Long
by Venatore
BANDUSDT Might have a 50% rally, Ascending Triangle FormationBand is showing an ascending triangle formation on a daily chart and hence the confirmation I take of this being the workable pattern is hitting of price of 9.8-10, at which Ill sell the made making roughly 20% and then it should fall, if it did then we can say the pattern is actually there, if not and price just went down right from here then ill have my stop loss at 6.9 roughly 10% (lol ill sell at 8ish max). So yeah, that's it. Note: This is not financial Advice just my own trading opinion and personal trade info, DYOR before investing/trading any crypto or coin, I do not take any responsibility of the loss assumed by you in any trade you took based on my analysis. Please do share your analysis as overall it helps the community and encourages participation, thanks for reading whole note, Please feel very free to type in your analysis or point, will be happy to read and reply as sharing information is sharing wealth. Good Luck!!!
Long
by Shradosphere
Bullish triangle closing in for KAVATurns out kava wasn't ready to break out of the ascending triangle I mentioned in my recent post just yet, price dropped and bounced from the bottom support. There are slight hidden bullish divergences on obv and rsi on the daily chart and price is lagging behind to that of some other alts and current price action is indicating it is ready to catch up. Expecting next test of the triangle top to result in a breakout and a strong move up. DYOR and trade safe!
Long
by BowserMan
1
Ethereum Ascending Triangle ? (Newbie Analysis)Hello TradingView ! This is my first analysis and I decided to do it for ETH. From my newbie perspective, a begginer trader, a becoming connoisseur; I'm seing an ascending triangle. If the price breaks the triangle we should go back to the support zone ~$3200. If not, then we might see a 3 mountain pattern and then a selloff or why not, a new ATH. Everybody talks about ethereum/bitcoin that it will reach a new ATH. How about vice-versa ? Is it easier to be a bear or a bull in this market ? Hei, any opinion will be appreciated.
BITSTAMP:ETHUSD
by Exposed_Money
2
price action patterns you need to know ( part 1 ) Hi friends i'll share with you some price action patterns you should know . I don't like posting a picture with 100 patterns . I would like to post this in steps so that you can understand more and make things clear . 1- ascending triangle generally happens in an uptrend and is a bullish pattern , you can set your order after the breakout of the horizontal line with a good volume candle . - descending Triangle Pattern is the exact opposite of the ascending triangle pattern. It is a bearish continuation pattern indicating that the prior downtrend will continue and you set your order after the brakout of horizontal line with a good volume candle . please support me with like and follow me for more ideas and tell me what do you think about that
Education
by Diamond_Chart