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Triangle

Learn why the Nasdaq 100 could be about to soarThe Nasdaq 100 is showing an ascending triangle pattern, suggesting a breakout toward 23,100. Trade war concerns with Mexico and Canada have eased, while China has worked around tariffs by shifting production to other countries. A break above 21,962 could push prices up 5.3%, but rising inflation near 2.9% might force the Fed to consider rate hikes. Jerome Powell’s testimony tomorrow will give us a better idea of what’s next for markets. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:NAS100Long
by ThinkMarkets
6
GOLD → The northbound train continues to make its way to 3KFX:XAUUSD continues its aggressive rally. The reasons for growth are the same as before - high economic risks. The price is getting closer and closer to the cherished goal of $3000. Gold exceeded $2,850 at the beginning of the week in the U.S., but its growth is limited by the strengthening of the dollar due to increased trade risks.Trump announced new 25% tariffs on imports of steel and aluminum. Gold is further supported by rising PBOC reserves and expectations of stimulus from China. However, the dollar may continue to strengthen ahead of US inflation data, limiting gold gains. Expectations of a dovish Fed and trade risks will help contain gold's decline. Technically, the next two levels are important for us: the psychological level of 2900 and the key support of 2882. Resistance levels: 2900 (not confirmed) Support levels: 2882, 2870, 2855 The bulls can consolidate above 2900 without a pullback and continue the rally, but the most likely scenario is a false break of 2900, correction to 2882 to accumulate liquidity before continuing the rally northward Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible. On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective Briefly, here's what's going on: Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ... Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss. Support levels: 95.8 (trigger), 91300, 90K Resistance levels: 100.2, 102.67 Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow. At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
40
SBUX - 6 months SYMMETRICAL TRIANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
NASDAQ:SBUXLong
by TheArtOfCharting
7
Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters. Average return by Month (%) January: +5.1% February: +12.1% March: +4.8% April: ˇ+18.7% May: +14.2% June: +4.4% July: +6.1% August: -3.1% September: -8.4% October: +22.2% November: +17.9% December: +7.3% Average return by Weekday (%) Monday: +0.63% Tuesday: +0.18% Wednesday: +0.54% Thursday: +0.40% Friday: +0.37% Saturday: +0.45% Sunday: +0.10% Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well. 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!
Education
by Xanrox
43
EURO - Price can bounce up from triangle to $1.0430 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price rose to the resistance area, after which it dropped to support area inside wedge. Euro turned around and started to grow near support line of wedge and later it reached $1.0390 level and broke it. Next, price rose to resistance line of wedge and then made a correction movement to $1.0390 level and exited from wedge. After this, price broke $1.0390 level and made a strong gap, after which it started to grow inside a triangle. In this pattern, Euro rose to resistance line, some time traded near, and then in a short time fell back to support line. In my mind, Euro can bounce up from support line to $1.0430, exiting from a triangle and breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
PEPE Deep dive before pumping? To what price?CRYPTOCAP:PEPE Script: A potential deep dive might be on the horizon before the next pump. Right now, it’s forming a structure that looks a lot like the pattern we saw from March to May, which I’ve marked as points 1 to 7. Both of these structures showed up after breaking out from the near-end of a symmetrical triangle. Currently, we’re sitting at point 6. Using Fibonacci retracement, we can estimate how deep the dip might go. Last time, it reached Fib 1.618. If history repeats itself, PEPE could pull back to around 0.00009485. This potential drawback would also break the uptrend line, which could shake market confidence and flush out weaker hands—perfect for accumulating liquidity to fuel a future price surge. I’ve already set a buy order at this level, just in case this scenario plays out. Of course, this is just one potential script among many. I’ll share more as they unfold. Follow me for more insights and updates! 😊
CRYPTO:PEPEUSD
by Harold_123
1
100 SMA REBOUND (?) - $135,000 / $140,000 As illustrated, I'm trying to visualize a potential rebound off of the 100SMA that matches the resistance line of what looks to be an ascending triangle that has been broken and retested. Price is showing support at such line that happens to overlap with the 100SMA. I might be "wanting to see" bullishness in the market, but you be the judge of these observations. The long rejection wicks at the bottom seem manipulative... almost as if there was selling pressure to shake off HODLERS and new investors (?) ... Will the US approve the famous BTC reserve? ... -- LET'S SEE WHAT HAPPENS!
BINANCE:BTCUSDLong
by PersaGold
1
what is happening to BTC right now ?! 🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺 In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯 "First of all, let's examine the monthly chart. In my opinion, this is one of the best timeframes, especially for this analysis, because it reveals extraordinary price targets. Let's dive into it : As you can see on the monthly chart , BTC is between two uptrend curves that have acted as support and resistance since 2015 . These curves are fairly strong, justifying their classification as strong support and resistance lines on the monthly timeframe. As you may already know, the higher the timeframe we examine, the more accurate results we can achieve. Therefore, the patterns on the monthly timeframe are much more accurate than those formed on the daily or even the weekly timeframe. In this case, we have a clear and perfect bullish flag pattern . This is a bullish pattern, and its main target, which aligns with our resistance line, is around $165,000. 🔥🐺🚀 So let's reveals more details for you dear 🐺KIUCOIN🐺 family : In the chart above, on the weekly timeframe, we have a clear AB=CD pattern . This is a well-known pattern in harmonic trading and, in my opinion, is quite accurate. Seven out of ten times, these patterns reach their targets, making them a valuable tool for traders . So I think there is another secret reason for us to pay attention to it : BTC.D As you can see in the chart above, BTC.D is currently within a symmetrical triangle, which could also be considered an ascending triangle in this case. It appears to be on the verge of breaking out. In my opinion, if BTC.D breaks through this resistance level, it could be incredibly beneficial for the BTC price , potentially leading to a significant rally up to $165,000. However, this could also be challenging for altcoins and ETH . While they might also experience pumps alongside BTC, these pumps are likely to be less substantial. After such a BTC-led rally, we could expect a massive altcoin and ETH season. So, stay tuned with me until that time, as we could potentially make life-changing money together during this market cycle. Now finally it's time to take look at the lower time frame : As you can see on the daily timeframe , if BTC breaks through the orange resistance line , we could consider entering a long position with a target of the previous all-time high. You could also take some profits at a predetermined level and set your stop at the entry point to protect your initial investment. The remaining position could then potentially continue to generate profits, leading to a higher target of $165,000. I hope you enjoy this idea dear KIUCOIN family , also always remember : 🐺 Discipline is rarely enjoyable , But almost always profitable 🐺
INDEX:BTCUSDLong
by Kiu_Coin
728 - 7 months SYMMETRICAL TRIANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
HKEX:728Long
by TheArtOfCharting
OMUSDT → Consolidation in a triangle before the rallyBINANCE:OMUSDT is a paranormal coin in this case, as it is one of the few projects that shows bullish dynamics while all altcoins are finding bottom after bottom. Perhaps the situation partly depends on BINANCE:BTCUSD . If it starts to fall even deeper, nothing and no one will help here. But locally bitcoin is forming a resistance breakout and if the bulls hold this trend, the BINANCE:OMUSDT.P coin may have a bullish driver that can support the bullish movement. At the moment, the focus is on the triangle (wedge) resistance and the base of the 5.6756 pattern. Two bullish scenarios should be considered: Growth after a resistance breakout or growth after a false breakdown of support. Resistance levels: 5.9821, 6.30 Support levels: 5.75, 5.6756 At the moment, a consolidation within the triangle boundaries is being formed. But when the resistance is broken, the market may move to the realization phase and the impulse may be quite sharp. Ahead, beyond 6.3, there is no resistance... Regards R. Linda!
Long
by RLinda
16
Breaking: $BERA dips -50% Just A Day After Listing. The cryptocurrency market is no stranger to volatility, and the recent performance of BIST:BERA , the native token of Berachain, is a testament to this. Launched just yesterday, BIST:BERA has already experienced a whirlwind of price action, capturing the attention of traders and investors alike. After an initial surge of 650%, the token has since dipped by 50%, currently trading at $7 per coin. This dramatic price movement has left many wondering: Is this a temporary shakeout or a sign of deeper issues? Technical Analysis From a technical perspective, BIST:BERA ’s price action is forming a symmetrical triangle pattern on its daily chart. This pattern is typically a continuation signal, suggesting that the asset is consolidating before making its next significant move. The key levels to watch are the upper resistance (ceiling) and the lower support (floor) of the triangle. - Bullish Scenario: If BIST:BERA breaks above the triangle’s ceiling, it could trigger a bullish run with an estimated upside potential of 107%. This would likely attract fresh buying interest, pushing the price toward new highs. - Bearish Scenario: Conversely, if the price fails to break out and instead falls below the triangle’s support level, BIST:BERA could test the $5 support zone. This scenario would likely be driven by profit-taking from early investors and airdrop participants. The current price dip of 28.06% in the last 24 hours may seem alarming, but it could also be a healthy correction after the initial euphoria. The symmetrical triangle pattern suggests that the market is undecided, and the next major move will depend on whether buyers or sellers gain control. Berachain’s Innovative Approach to Blockchain Beyond the price action, BIST:BERA ’s underlying technology and ecosystem are worth examining. Berachain is not just another Layer 1 blockchain; it introduces several innovative features that set it apart from its competitors. 1. Proof of Liquidity (PoL): A Novel Consensus Mechanism Berachain’s Proof of Liquidity (PoL) is a groundbreaking consensus mechanism that aligns network security with liquidity provision. Unlike traditional Proof of Work (PoW) or Proof of Stake (PoS) systems, PoL incentivizes users to provide liquidity to the network, ensuring a more robust and efficient ecosystem. 2. EVM Compatibility and Modular Design Berachain is fully compatible with the Ethereum Virtual Machine (EVM), making it an attractive option for developers looking to build or migrate decentralized applications (dApps). Its modular design allows for the creation of customized Layer 1 blockchains without sacrificing interoperability or performance. 3. Two-Token Model: BERA and BGT Berachain operates on a unique two-token model: - BERA: Used for gas fees and staking, BERA is the utility token that powers the network. - BGT: A non-transferable governance and rewards token, BGT aligns the interests of network participants by incentivizing long-term engagement. Market Sentiment and Exchange Listings The current market cap of $806 million and a circulating supply of 107.48 million BERA coins indicate that the token is still in its early stages. With a max supply yet to be determined, BIST:BERA has room for growth as the ecosystem matures and adoption increases. Conclusion While the 50% dip may deter some investors, the technical and fundamental factors suggest that this could be a buying opportunity for those with a higher risk tolerance. As always, it’s crucial to conduct thorough research and consider your risk appetite before investing in any cryptocurrency. BIST:BERA ’s journey is just beginning, and its future will depend on both market dynamics and the team’s ability to deliver on its ambitious vision. Whether you’re a trader or a hodler, BIST:BERA is undoubtedly a coin to watch in the coming weeks and months.
Long
by DEXWireNews
GOLD → Price enters buying zone ahead of NonFarmsFX:XAUUSD resumes gains Friday after brief pause, retesting liquidity accumulation support, but traders cautious ahead of US NFP release NFP decline may support gold - if the actual NFP comes in below forecast (169K), it will reinforce expectations of an imminent Fed rate cut. Weaker labor market → pressure on the dollar → gold rises. Fed and policy: At 15:00, the Fed's monetary policy report will be released, which could clarify the regulator's future course. If signaling easing → gold up. If there will be hawkish notes → pressure on XAUUSD, but we should also take into account Trump's policy on economic risks Conclusion on XAUUSD: In the medium term there is every chance to reach $3,000, locally it all depends on the news: weak NFP and lack of wage growth could send gold above $2,900. If the data turns out to be strong → a downward correction is possible Resistance levels: 2870, 2882 Support levels: 2858, 2848 Technically, the focus is on the 2870 resistance. If the price can break this resistance and consolidate above, this maneuver will open the way to further upside. I do not rule out a retest of the channel boundary or 2858 before further upside. Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
GBPJPY triggers bearish triangle patternThe Bank of England (BoE) has reduced its interest rate by 0.25 percentage points to 4.5%, marking the third cut since August. This decision reflects concerns over economic stagnation and persistent inflation. Concurrently, the Bank of Japan (BoJ) has increased its short-term policy rate from 0.25% to 0.5%, the highest level in 17 years, signaling confidence in achieving its 2% inflation target. These contrasting monetary policies have exerted pressure on the GBP/JPY currency pair, which has recently broken through a triangle pattern, indicating a potential sharp decline of approximately 1,000 pips. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Short
by ThinkMarkets