Trianglebreak
COCOS/USDT, MOONING?Things are getting exciting with COCOS, forming a symmetrical triangle while breaking a huge triangle on the 4H frame.
As I mentioned before, the confirmation is closing above 2.7
Shiba Inu Coin Token Entry Reached- Buy Tickets to the Moon Now!In this video:
* Our entry target has been reached, now what?
* I discuss many of the bullish indicators which converge and support my bullish sentiment
* Bullish triangle breakout
* Kiss of the top of the triangle
* Fib retracement
* Bullish divergence on the 4 hour chart
* Aggressive target shows 3x returns
* If the levels are played correctly, there is a potential for 6x returns in the next several months
* I will draw the levels out for my substack subscribers in a future video
BTC Descending TriangleBTC forming a classic Descending Triangle formation.
Typically 5 touches of support/resistance (combined) would be considered confirmation of the pattern, we're currently sitting at 7/8 touches (depending on your view), for a fully formed pattern of lower lows and a support line that is holding so far.
This is generally considered a continuation pattern, where we would expect that as the lower lows continue and we keep testing the support line, eventually it would break and continue lower.
However, as is the nature of Bitcoin, a bullish surge is always a possibility and a bullish break of this pattern can be a catalyst for a significant move to the upside.
A break above the dashed green line would represent a new high in the pattern and a bullish break, I would look to go long if we break this point with momentum.
Conversely, a break below the dashed red line would be the more expected outcome, leading to a continuation of downward trend.
Please like, follow and share your opinion below.
💡Don't miss the great Sell opportunity in AUDJPYHi dear Members. Hope you all are enjoying our ideas and analysis.
It seems that with the triangle broken, we should see the Australian dollar down in the coming hours. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter.
Good luck to you all❤️
Fantom FTMUSD Charting on the fly. Learn with me. Target $4.00! In this video:
* I chart on the fly with you all so that you can see how I do what I do
* I chart trendlines, levels, fibonacci, and bullish divergence on the 4 hr.
* We can see a longer term swing trade target of $4.00
Best of luck traders!
Putting in a Buy Limit Order on Shiba Inu Coin @.00002937Traders,
Shiba Inu looks to have almost reached my target down. I am putting in a Buy Limit order at .00002937 and hoping to capture the re-entry here either tonight or Sunday night. If I don't catch it on one of these nights, I will cancel my order and re-assess.
You can view my current target sell areas (subject to change) on the chart.
Best of luck traders!
AmarajaBatAmarajaBat broke out of triangle pattern on hourly charts.
Could b bought b mentioned sloss & tgt in chart above.
GOLD BIG TRIANGLE SETUPGOLD
Above is a technical view on XAUUSD and the most important zones to take in consideration.
Price has been accumulating in the 1800 zone and has yet to break it.
Furthermore, the selling pressure today looks about right on the h4 and Daily timeframe. The main goal currently is to retest the major resistance of the 1750-1760 zone.
XAUUSD is at the top of a bearish channel on the 4h chart after hitting 32 fib retracement.
On a Daily chart we have big triangle formation and we are looking for price action around to 1820-1840.
From this resistance area we can looking forward to selliing confirmation.
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Symmetrical Triangle Pattern / Possible Upcoming BreakoutGala is reaching a pivotal tipping point. It has been following a triangle pattern since the recent market dip. Here is my optimistic prediction, although at this point a breakout in the negative direction is always a possibility. (Highly dependent on performance of BTC)
1INCH / TETHER analysis. Will we Short or Long?? 1INCH is located at the end of the triangle and the price is squeezed. We assume a break of the triangle and a retest of one of the broken lines.
If a breakthrough occurs and all the rules of our strategy are satisfied, we will enter the trade with several levels for take profit.
Everything will be shared with our members. Here you can see how the situation is going in time.
Please leave a comment or like.
Happy trading, Alex_UCT