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Trianglebreak

AVAX / USDT; Symmetrical triangle formation (another one!)We could see a breakout on this symmetrical triangle very soon. AVAX / USDT 4H. If the triangle breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas: TG1 - 89.6$ TG2 - 92.5$ TG3 - 95.2$ I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next. Trade safely!
Long
by Droz_TA
1
ADA / USDT: Triangle formation, already broken out?!According to this analysis on ADA / USDT 4H, the price has already broken out of the triangle. As the RSI approaches oversold condition, my guess would be that the price would bounce off the upper line of the triangle and make a move upwards. Take profit ideas: TG1 - 2.33$ TG2 - 2.55$ TG 3 - 2.73$ TG4 - 2.93$ These are longer-term targets than some of my other chart analyses. I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next. Trade safely!
Long
by Droz_TA
5
XRP Triangle Breakout Trade Idea #XRP A symmetrical triangle occurs when the up and down movements of an assets price are confined to a smaller and smaller area over time. A move up isn't quite as high as the last move up, and a move down doesn't quite reach as low as the last move down. The price moves are creating lower swing highs and lower swing lows. XRP is showing a fantastic breakout to the upside. There is 3 very strong patterns that have happened: 1-Triangle Breakout 2-A retest of the breakout 3-Bull Flag formed from the Breakout with the 3 Red Inside Candles. How I like to trade: Best Entry is the retest of the breakout StopLoss: In this case, we have a Clear StopLoss below the 3 Red Candles Targets: 1 at 50% and target 2 at the full measured move. Happy trading. Please support our work with like and comments. #XRP #CRYPTO #CHARTPATTERN
BITFINEX:XRPUSDLong
by ppatrading101
COTI 4H Chart - RSI breakoutCOTI is in a large ascending triangle pattern and recently touched the bottom trendline. Also RSI just broke out of the trend upwards. We can see a nice moving upwards coming. I noted the resistance areas with the R's. I've been tracking COTI for a while. Check out my other ideas below! What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COINBASE:COTIUSDLong
by MillionaireEconomics
ALGO triangle breakout incomingALGO is a layer-one protocol that has been relatively flying under the radar of late. There are a TON of projects now being built atop it due to its excellent technical properties such as high throughput and extremely low transaction fees relative to ETH. Technicals are looking really solid, with a clear symmetrical triangle pattern forming since early September. As a continuation pattern, it is more likely to break to the upside than the downside though we need to be prepared for either option. ALGOUSD is especially likely to break to the upside if bitcoin continues to hold current levels or continue its upward trend as it has been. Keeping a close eye on volume in coming days.
Long
by ModernVampire
1
What's next for MATIC / USDT?A beautiful symmetrical triangle formation on MATIC / USDT daily frame. RSI shows oversold condition. The MACD indicator shows that a downward price trend is likely to occur. Will this bounce of the bottom line and eventually break out to the upside? If the price breaks out of the triangle in an upward sloping trend - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas: TG 1 - 2.67$ TG2 - 3.028$ I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next. Trade safely!
MLong
by Droz_TA
1
SHIBA INU 15-M Breakout?SHIBA INU | 15-minute chart SHIBA has just bounced off of support in the current triangle channel it is in. From here it has begun to test and break the resistance set by the purple 200 EMA. It is currently chopping at the 200 EMA, deciding if the 200 EMA will act as resistance or support. If the 200 EMA does act as support, the candles could continue north where they could test and break the yellow 55 EMA and the triangle pattern trend line. If the triangle pattern trend line acts as support, there could be a breakout that could be monitored with the 55 EMA. The 55 serve as support lines to signal exit points. The opposite of this could easily happen, which could happen if the 200, 55 or triangle pattern trend line serves as resistance. If this happens, the candles could drop back to test the bottom triangle pattern trend line again. From there it could break upward, repeating its current move or it could break south out of the triangle pattern altogether. No crystal ball here, just executing patience, and time will tell! Obviously, this is not financial advice! Simply sharing my trading journey for educational purposes only. Make your own trades, that is what it is all about. Peace friends!
FTX:SHIBUSDLong
by ChrisThiessen
1
Matic, The time has comeMatic, about to show the world why it reigns supreme amongst L2s. Expecting explosive price action in the immediate future. As always, it's important you educate yourself and dyor! This is purely a speculative personal analysis. Matic, breaking out of the triangle structure established by the last few months worth of price action. Seeing an accumulation and bullish flag having formed over the last weeks worth of price action. Matic has also just flipped bullish on the MACD for both the BTC and Eth pairs. Adding to the weight of the incoming move. RSI - We're seeing the RSI bouncing around and ranging within the 58-60's range. Expecting another bullish move here. Supertrend - Bullish on the SuperTrend indicator. We've been witnessing consistent daily closes above the last line of SuperTrend resistance points. Adding to the overall confluence. OBV - A bullish ascending triangle has formed. We've been seeing an accumulation of on balance volume form elegantly within the triangle structure. With a rejection having previously occurred when attempting to break the triangle structure. We're now consistently testing the ceiling of the triangle formation for an upward breakout. MACD - Bullish confluence on the MACD with daily momentum continuing to compound.
COINBASE:MATICUSDLong
by Trinium-Labs