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$NASDAQ:AEHR Breaking out of a triangle patternNASDAQ:AEHR is breaking out of a triangle pattern with positive news and earning coming. Things to consider: Earnings - Monday 1/13, they've been posting wins quarter after quarter, and I suspect this quarter will be no different. I'd expect a positive boost for the stock price. News - They've made recent announcement about new product offerings which will help increase their revenue stream. See: www.tradingview.com www.tradingview.com Entry Point: Current Price ~$17/$18 Stop Loss Target: Since the stock appears to be in an upward trajectory, setting a close stop loss should be ok something like $15/16. That would mean the price starting dropping back below the breakout point. Price Target: $35.99 Back Story: I have a love/hate relationship with AEHR, it was one of my first big wins in trading stocks - It was my first pennant pattern that I bought ~$6. I then continued taking profits and looking for new entry points. I bought low, sold high (rinse and repeat) and finally got burned by not selling when it hit ~$50's! Lesson learned... Stocks do come crashing down, take profits and accept losses.
NASDAQ:AEHRLong
by dzygadlo
7
Strong attractor to $BTC price around 88kWe can see a beautiful confluence of technicals around 88k 1- Blue dotted line; multiyear (since 2021) strong resistence trend 2- Orange dashed line; recently reseted volume-weighted average price 3- Green tick line; exponential moving average from last 200 12h periods 4- Purple arrow down; target from shoulder-derivated triangle 5- Green fine line; important multiyear Fibonacci-circle level If this important resistence made of lots of confluences doesn´t hold, we will see the CME gap closed after price plunges to the marked orange square
BITFINEX:BTCUSDShort
by CCCLopes
GOLD → False or true resistance breakout?FX:XAUUSD is trying to consolidate above the previously broken boundary of the ascending channel and symmetrical triangle. The struggle that has not ended creates risks for both buyers and sellers. Economic problems in China and Trump's policy risk continue to support gold. Inflation expectations are rising amid rising oil prices and the outlook for trade policy in the US. Friday's NFP report showed strong employment growth, making it less likely that the Fed will significantly cut interest rates in 2025 Traders' attention is also focused on CPI data to be released on Wednesday and its impact on future Fed policy. Resistance levels: 2690, 2700 Support levels: 2685, 2678, 2665 At the moment, the price is in consolidation above previously broken resistance. If there is no bullish momentum and the price makes a false break of the channel resistance, in that case gold may go down to 2678 - 2665. BUT, a break of the local downside resistance could trigger buying and upside to targets: 2700 Regards R. Linda!
FX:XAUUSDShort
by RLinda
16
EURCHF strong bullish expectations for next periods OANDA:EURCHF highly interesting chart, many pulls back, strong zones and nothing special we are not see still, here having strong bullish expectations for next periods, let's analyze. Trend line visible (doted line), price is make few push on her, but we can see there are not bi with some strong returns, long moves, after pushes are come pull backs. Currently price is on strong zone, and SYMMETRICAL pattern is visible and ASCENDING TRIANGL pattern is visible, their structure are much more better visible on lower TFs 2 and 1h. Here on todays events expecting bullish push SUP zone: 0.93700 RES zone: 0.94750, 0.95000
Long
by DepaTrading
Updated wave count shows wave D complete.So, I’ve updated my wave count to better align with what has happened, and discovered something I had missed in the process. What I thought was wave E is probably better explained as a part of wave D, and the recent breakout was the final leg of wave D. Wave D in a triangle often ends with a breakout attempt, and my anticipation in seeing it earlier but it not being there has now been resolved! In redrawing it has become clear that wave D has been trading inside a rising wedge, which is now ripe for wave E to drop out of the bottom of it. I had missed this, but price is consolidating at the bottom of the wedge now. Target for a rising wedge as a continuation pattern is the start of the lower boundary of the wedge, which puts it at $1.98. However, wave E more often undershoots expectations, as opposed to overshoots them. So my target remains $2.15 - $2.05. There is the observation of alternating wave characteristics, so if wave D is long and complex, wave E is likely to be short and simple. The arrow pointing up at the end is what I expect, but that is based on hope. It could be an arrow down and I’d have just as many reasons to explain why it’s pointing down. So, although the weekly looks as though it’s possibly targeting $1.90 as a weekly ABC, the actual structure of the correction remains a triangle and so wave E undershoot remains keen in my mind. Just keeping it real, not doing any fudding or owt.
by Indiroots
1
Is ZEN Preparing for a Bounce? Key Levels to WatchZEN recently broke down from a 10-day descending triangle, signaling bearish continuation with strong selling volume. This triangle forms the B wave of an ABC corrective pattern, indicating further downside is likely before any potential reversal. Let’s dive into the technical details and key levels to watch. Key Observations and Levels: 1.) Descending Triangle Breakdown: The measured move target of the descending triangle lies at $18.7, aligning perfectly with multiple confluences: The 0.702 Fibonacci retracement from the recent lows. The previous trading range highs, adding historical support to this level. 2.) Fair Value Gap (FVG): Back in December, ZEN broke out of its previous trading range, leaving an unfilled FVG around $19.5, our previous high on December 7th, 2024. This gap represents a significant area where price may return before resuming its trend. 3.) Support Zone – $20 to $18.7: The $20 psychological level is a key point and aligns with our support trendline from previous lows. The Fibonacci negative 1 extension of the descending triangle also targets $18.7, further reinforcing this level as a significant support. 4.) Trade Setup: The $20–$18.7 zone presents a strong support area with multiple confluences, making it a favourable entry point for a long position. However, confirmation is essential! Watch for bullish candle patterns and volume signals before entering. Conclusion: ZEN’s breakdown from the descending triangle suggests further downside, but the $20–$18.7 zone offers a robust support area with several technical alignments: Fibonacci retracements, the descending triangle target, historical range highs and an unfilled FVG. This zone presents an attractive long opportunity, provided confirmation signals are present. Monitor the price action closely in this range to capitalise on a potential bounce. Happy trading everyone!
Long
by SiDec
Scenarios for buying Gold!Hello Everyone, Dear Traders, A triangle was formed for Gold After the break TP could be around top of this Channel However, an overbought witnessed in the LTF. We might see some corrections here! This could be the potential channel in future moves of the gold. Two possible setups: 1-You can buy now and hope for sharp moves and your TP would be around top of channel. 2-You can wait for bottom of bullish potential LTF channel and set the TP as mid of the long-term channel
FOREXCOM:XAUUSDLong
by AliSignals
Nobody appreciates it !!!The price will reach the top of triangle = $111 in the short term. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
4
GOLD → Paranormal growth on the back of strong NFP...FX:XAUUSD is rising with the dollar and strong NFP data. Those who shouted that the metal is ceasing to play the safe haven function are very much mistaken :) The surprise of rising NFP data and rising gold, which is not specific in this context, surprised the market quite a lot. After all, rising data points to a more hawkish stance of the Fed and generally medium-term policy in the US. But based on the environment, we can say that gold is rising because of the risks of the policy of Trump, whose inauguration will be held on January 20. Now all eyes are on the US Inflation data. The upcoming week, will be quite interesting. Technically: GOLD is breaking the consolidation resistance (symmetrical triangle) and is trying to consolidate above this boundary. Most likely, the struggle will continue and the price may test the previously broken figure boundary or liquidity zone 2675 - 2664, which will determine the further development of events. Resistance levels: 2698, 2721, 2750 Support levels: 2675, 2665 The situation is quite unstable, as there are too many factors putting pressure on the prices. Accordingly: if after the retest the bulls are able to keep the price above 2680-2690, the growth may continue in the mid-term ( till January 20 approximately ). But! If the bullish structure will be broken and bears will start to keep the price below 2680, it can provoke correction to 2665, 2650. Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
12
Bitcoin - Last chance to sell here, then DOOM (must see)Bitcoin is short-term bullish, but expect doom. With me, you always have a plan. Stay updated. What is the plan now? Of course we want to make a profit in the next few days and weeks. I will share with you my plan. But first, let's take a look at the massive crash that happened in the past few days. I warned you about that crash in my previous analysis.  The crash was very steep and strong, and I see an impulse wave. After each impulse wave, there is an ABC, ABCDE, or a complex correction. You want to look for strong levels on the way up to short Bitcoin or potentially exit your longs (sell Bitcoin) if you haven't already. On the chart, you can see 3 strong levels that Bitcoin will probably hit in the next few days. Keep in mind that there is also a huge unfilled FVG on this 1h chart, and usually the price wants to return at least to the end of the FVG. Why is bitcoin short-term bullish? We can see multiple green candles in a row, which is a strong price action suggesting a continuation after a pullback. Where can bitcoin rise to? The first resistance is the first order block after the FVG. Next, a 200 moving average is displayed on the 1h chart. This moving average is used by huge institutions and hedge funds, so you definitely want to be aware of it. After that, we have the end of the FVG. So in conclusion, there is a strong resistance around 97k. But what if Bitcoin wants to go a little bit higher? Yes, this is really possible, because after an impulse wave, we look for the 0.618 FIB retracement. This is exactly at 98323. You really don't want to go long here, but short. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
123
XRP the time has finally come COINBASE:XRPUSD alright guys today is an exciting day... long position buy order set for $2.10....can set for $2.15 just to be sure order fills....that 5 cents is not going to matter one bit for the next move that is imminent....we are currently in an ABCDE correction after Novembers wave 3 rip that we all enjoyed...i am excited to say we have reached the end of our time here in this corrective phase and the time to move up is here. we have been inside this bull flag since November and through the entire month of December... we have now reached the wave E and are very much in the final leg...price drop to 2.08 area to the bottom of the trend line will then result in the beginning of the 5th wave where will see a very dramatic price spike to the upside and out of this bull flag....my personal price targets for exits will be $2.98-$3.49-and $3.76....with other technical analysis from the community suggesting a much higher price than even these...its important to remember your game plan. and to stick to it..dont let someone elses opinion effect your vision. know your exit and follow through...without a proper exit strategy and the discipline to stay on course in the moment you might as well just be throwing mud at the wall and hoping some sticks...with discipline you will profit...with greed you will be the last one holding the bag...good luck
COINBASE:XRPUSDLong
by xBIGxTRUSSx
36
EUR/USD 30 Min Breakout - Symmetrical Triangle PatternI’m analyzing a potential breakout in EUR/USD on the 30-minute chart. The pair is forming a symmetrical triangle pattern, suggesting a phase of consolidation after the sharp downward move earlier. Based on the trendlines: The red horizontal line indicates resistance near 1.0250. The green ascending line represents rising support, forming the lower bound of the triangle. My Bias: I expect an upside breakout based on the momentum building along the ascending trendline. The price has tested resistance multiple times, increasing the likelihood of a breakout. Plan: Entry: I plan to go long if the price breaks and closes above 1.0250, ideally with increased volume to confirm the move. Stop Loss: Below the ascending support line near 1.0230 to minimize downside risk. Target: Projecting the height of the triangle, my first target would be 1.0275, with a stretch goal around 1.0300 if momentum continues. Keep in mind, breakouts can sometimes fail, so patience and proper risk management are key. What do you think of this setup? Let me know your thoughts!
Long
by freedomtrading771
Updated Triangle Count - Short Term BearishUpdating my triangle count for the Wave 4 on XRP. This would clearly throw some people off guard as this type of price action could take up most of February before we get the final 5th wave. Yes, it is very possible the triangle has already completed and all that’s left is a retest. However, I’ve been holding since 2020, so I would not be surprised if they make us suffer longer. The push from $0.50-$2.90 lasted only a month, so that’s about what I expect after this triangle is for sure completed. That could start this week or next month. I much prefer sooner, but this is just another possibility to look out for. If the triangle still needs more time, we should expect it to revisit $2.20-$2.30. E can also overthrow the AC line before reversing, which could get us down into the $2.10-$2.15 area.
BINANCE:XRPUSDShort
by SqueaksUofA
4
XRP: Post-Triangle Thrust in Play?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! XRP continues to hold up better than most assets in the current market, showing strength despite overall volatility. Based on the analysis of a potential triangle pattern, it appears XRP could be entering a Post-Triangle Thrust (PTT) phase, with a projected target above $3. Key Levels to Watch For this PTT scenario to unfold, XRP must break through critical pivot levels and maintain its position above them. On the chart, $2.20, $2.72, and $2.90 are pivotal areas of interest. A successful breach and hold of these higher levels would further validate the bullish outlook. Additionally, the trend lines highlighted in the chart, which XRP has reacted to multiple times in the past, remain crucial. The upper trend line will need to hold as support to sustain the bullish momentum. Volume Trends One notable aspect of the current price action is the declining volume, as shown on the chart. While this is typical during a consolidation phase, increased volume would provide stronger confirmation of a breakout. Higher volume on a decisive move would signal greater market participation and conviction in the direction of the trend. Conclusion The potential for XRP to hit the $3 range hinges on its ability to break and hold above key levels, supported by stronger volume and respect for trend lines. Next week will be critical in determining whether this Post-Triangle Thrust plays out as anticipated. For now, all eyes are on the pivots, retrace, and market sentiment. Trade safe, trade smart, trade clarity.
COINBASE:XRPUSDLong
by CryptoKnee
Bear Flag or Bullish Flag for ZcashZcash appears to be consolidating into a bearish flag or a bull flag after breaking to the upside of an ascending triangle. The horizontal resistance of the macro ascending triangle has turned into the baseline support of a micro bear flag or bull flag. The RSI is very low on a 1 year chart. Zcash has made over half a dozen higher lows until recently we have seen a neutral low coinciding with the previous. The williams alligator has turned downward which is bearish.
COINBASE:ZECUSD
by satoshi123
2
XRP/USD 12/17/2024XRP/USD Daily Chart Analysis XRP is one of the OG altcoins that has maintained significant hype over time. • Accumulation Phase: After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November. • Breakout and Uptrend: In mid-November, massive volume flooded into the coin, breaking it out of its accumulation phase. Following this breakout, the price entered a strong uptrend, consistently respecting the 10-day EMA. o The uptrend pushed the price +265% in just two weeks. • Consolidation and Triangle Formation: After reaching its peak, the price began consolidating sideways, forming a triangle pattern. For those who missed the initial breakout, this pattern provided a potential entry opportunity. • Current Price Action: Today, the price has broken above the triangle pattern, signaling a continuation of the uptrend. The 10-day EMA remains intact as support, reinforcing the bullish sentiment. o The MACD is in bullish territory but still below its signal line. However, the contracting MACD histogram indicates a possible MACD crossover above the signal, which could provide the momentum needed for a sharp move upward. o Expect volume to increase, similar to the initial breakout phase. ________________________________________ Trade Setup (Long Position): • Entry: 2.5427 • Stop-Loss: 2.1213, -16.57% • 1st Target: 3.6723 (+44.43%) | Risk-Reward Ratio: 2.68 • 2nd Target: Trailing the 10-day EMA on the daily chart. ________________________________________ Conclusion: With the breakout from the triangle pattern, the strong 10-day EMA support, and the improving MACD setup, XRP looks poised for another substantial move north. Volume is expected to flood in, mirroring the breakout momentum observed in mid-November.
COINBASE:XRPUSDLong
by rudcharts