Here we see our FET 12 hour chart and boy we see quite a pullback ! We're now under 1400 . But if you see those black lines on my chart it does look as if we are forming a symmetric triangle shape . Now a chart pattern like that can break upwards or downwards - and by approximately the same amount as those purple lines show (which is the length of the rise near...
Just posting a quick update- all previous price targets reached and the gap on the upside has been filled. However, am very bullish on ENPH here. Would like to see ENPH start to outperform the solar installation companies such as RUN NOVA etc. nonetheless, ENPH bounced right off its 200-day SMA, yet again acting as a strong support level. Additionally, interesting...
Very similar formation on TAN and the ICLN as expected, personally am bullish long-term. Closed on Friday sitting right on its 200-day EMA which it has previously bounced off of as well as approaching the end of a big symmetrical triangle. Undoubtedly a long-term play, but will be keeping a close eye on this one. Just some support and resistance levels and some...
Personally am quite bullish on the ICLN as well as many of its holdings. Closed on Friday sitting right on its 200-day EMA which it has previously bounced off of many times and is approaching the end of a massive symmetrical triangle. Bollinger bands are squeezing as well (not pictured), undoubtedly a long-term play but will be keeping a close eye on this one....
#LINKUSDT 1D - Chainlink - Symmetrical Triangle - Breakout 1. Make a entry Long at back test: 14.x$-15.x$ 2. Stop loss: 13.2$ 3. Take profit: 19.5$ 4. Risk Reward: 1:3 5. Reason: breakout symmetrical triangle and go up, so make a entry Long at back test.
There is a symmetric triangle nearing its apex on Ripple's XRP/USD chart. There is likely to be a strong breakout in either direction from this apex. If this breakout occurs on heavy volume, we are extremely confident that the ensued trend will continue to strengthen. We consider "heavy volume" to be anything over 5 million contracts within a 2 hour bar. If there...
Resistance Zone with Gartley Pattern against Symmetric Triangle. Having two in one is just too good!
-higher time frames and longer time patterns give better insight of what is going on btc market -if look at 1 week btc chart a giant symmetric triangle has been formed in past 7 months and ATH (look at my previous analysis for details) -we simply analysis this giant triangle and we will have better understanding of the way ahead -above chart shows what happens...