Bitcoin YOU STILL HAVE A CHANCE TO SHORT - Triangle patternHey everyone,
we've got great profit from our short on last friday. And now i've noticed an other bearish setup with high winning rate
it is based on this trangle pattern as well as moving averages. Price broke the structure at 21k and is now ready to make the next impulse with a target around 19.500
It have a great Risk:Reward ratio of 1:6
Don't forget to like the chart and subscribe for more content.
and tell me what you think in the comment section
Have a nice week!
Trianglepatter
BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ALGOUSDT could retest 0.75$ 🦐ALGOUSDT could retest 0.75$ on weekly support after the price lost an important daily support and retested it as new resistance. According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ARDRBTC Fills the wick? 🦐ARDRBTC Fills the wick?
According to Plancton strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
USDCHF 28/05/2020 Sell Idea
We see that they have created a triangle that is nearing its end.
During the formation of the figure we have several strong shadows
that repel the line of resistance quite strongly even in the last candles.
This makes me think that we would have a breakthrough here and there would be potential sales opportunities.
If you find this useful - give a like!
If you have the same or different vision for the future movement - comment!
BITCOIN: Looks very BULLISH! #EVIDENCE belowHey cryptomaniacs,
I will not talk too much and let the charts speak for itsself.
Watch the update-section to see every evidence.
And as always, this is just my view in terms of technical analysis.
KNOW that BITCOIN is very volatile and risky - TA doesn`t matter sometimes here!
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Next for Ethereum: Descending triangle -> BEAR or BULL (ETHUSD)Hi all,
Some of you requested so here it is. This is the 4hr chart of ETH / USD
Again: not too many words only the keypoints.
- Couple of months ETH is fighting against a big resistance
- Right now ETH is in a descending triangle, this is a continuation pattern so mostly with downwards break out (30/70 chance)
- If the bulls will win from this big resistance expect a BIG outbreak in the bull area. This would be a good buy signal for long positions.
- But if it loose again, expect a big downwards movement in the bear area. This will be a short opportunity.
Leave a like to support me
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GBPUSD Intraday Overview: Potential Triangle BreakoutUK GDP, MP & IP data would be released.
The direction of the breakout would be determined by the UK data.
Wait for the UK Data and Breakout of the triangle.
Have a nice week!
Trading without technicals is like driving a car without the brake.
Trading without fundamentals is like driving a car in the dark with no headlights.
Trading with emotions and without a plan is "committing suicide"...
Possible Reversal Weekly resistance (pink rectangle with red borderline) + Ascending triangle + Divergence
Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade.
Adjust your SL and entry accordingly to your own risk and strategy.
All comments are appreciated!
Om Shanti Om!
ZEN - All depends on BTC!ZEN has a fantastic triangle pattern. It looks like it will moon soon but there is only one problem - BT C. If Bitcoin goes down it will also affect all other coins such as ZEN! It would then fall heavily down and crash the upper triangle pattern.
Zen is a platform with the latest privacy technology and a self-sustaining funding model with protocol-level solutions and has a perfect team to get this coin to ATH!
Enter:
0.0036 - 0.00365
Sell:
1. 0.00385
2. 0.00390
3. 0.00400
4. 0.00410
XAUUSD Triangle Patternhi guys XAUUSD make triangle pattern keep watch and stay tuned... for further updates
Buy above 1270
TP 1: 1280
TP 2:1300
SL: 1263
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it