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USDCAD > Descending Triangle PatternIf you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you. Analysis of #USDCAD Hello friends, Here we have a descending triangle pattern, might break soon, for me, there is two way to trade those pattern, 1 -trade the inside of the pattern expecting a breakout and this my favorite as it produces a huge RR usually 2 -trade the breakout after confirmation, this a more conservative way and produces small RR let me know in the comment what pair you want to see the analysis for in my next free analysis Safe trading everyone Check today analysis below⠀ _____________________________________________________________________________⠀ -disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀ -⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Short
by TheTradersAvenue
11
BAL/USDT Double Break OutBAL/USDT has seen amazing bullish price action in the last week, increasing with almost 50%! In the last 24 hours the price has both broken out from the channel and from the bullish triangle. Let's hope that these break outs will lead to more bullish action! Seeing the size of the candles of the last couple of days, I'm confident we will see more of that in the near future. I've marked two areas of potential resistance, R1 and R2, where I expect the price to either consolidate or reverse. R1 based at the September high and R2 based at the round number of $30. If we're gonna see anything like an alt-season, this is a pair to keep your eyes on. Happy trading!
Long
by FieryTrading
10
XRP 2021 MOON PLAN EXPOSED😱(Altcoin daily analysis)XRP accumulation has gone on for over 2 years without a good price move to either the upside or the down side, In Nov 2020 XRP for the first time since June 2018 broke the market structure of 2years (bear trend) there by forming a reverse in the trend to a bullish market structure(Bull trend confirmed). New higher highs and new high lows are observed in high timeframe like the Weekly and Daily chart. IF YOU FIND THIS POST IDEA HELPFUL, PLEASE KINDLY LIKE , COMMENT AND SUBSCRIBE(thanks for the support and love). Parttern discovered and discussed in the video
by MachiavelliTrader
UNI, I am lost in the patterns...Hi Community, Here are my considerations on UNI since my last idea. I am basically lost in the charts and the patterns. Which one do you think UNI's price will follow: the descending one (black), all the way down to 3.14$ or 2.50$? the ascending one (red), all the way up to 5.60$? or the descending triangle (blue), down to 2.80$, before (hopefully) breaking up again? My gut feeling is that UNI can still break the upper resistance of the descending triangle and follow the red channel. What's your opinion? Comments and feedback are most welcome. Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
by BitfulMind
1
ADA/USDT (Cardano) SYMMETRIC TRIANGLE BREAKOUT#ADAUSDT (1h Chart) Technical Ananlysis Update Symmetric Triangle ADA/USDT currently trading at $0.68 LONG ENTRY: Only enter long after Symmetric Triangle Breakout in 1 h chart STOP LOSS: I will update soon Resistance level 1( Target): $0.182 Resistance level 2 (Targe ): $0.195 Resistance level 3 (Target ): $0.235 Max Leverage: 10X ALWAYS KEEP STOP LOSS... Please Follow our Tradingview Account, Like, Share and Comment your thoughts
Long
by GreenCryptoTrades