Trianglepattren
SOLUSDT ASCENDING TRIANGLEOn the chart we can see the ascending triangle pattern.
We expect that the price break the resistance line .
The long position may be taken at the breakout with the volume increase,
Target is shown on the chart.
Invalidation of this thesis would be if the price breaks and closes below the upsloping support line.
good luck
WALCHANDNAGAR Symmetrical triangleIn monthly Timeframe WALCHANNAG can be seen forming symmetrical triangle pattern
If it breaks the triangle upwards then we can see good move upwards from 76-78
If it breaks down from triangle then we will see bearish treand in WALCHANNAG from 52.
Disclamer:
This analysis is for educational purpose only.
This is not a financial advice. Do your own research.
BTCUSD BULLISH OUTBRAKEThe latest price for BTCUSD is HKEX:29 ,292. It's up by 0.31% in the last 24 hours. 55% of days, the price of BTC closed above the opening. The maximum price ever recorded for one BTC is $67,505, it was 1 Year and a half ago, and currently, the price is down by -56.31% from that high. Movement upwards is more likely to be expected to fill some gaps. Trust in traditional banking is weakening over time and investors are seeking alternatives like the current king of crypto.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
GBPCAD - NEW BREAKOUT 📈Hello Traders 💖
On The Daily Time Frame The GBPCAD Broke The Major Key Level (Support Becomes Resistance Level)
and he Broke The Resistance Line ✔
Currently, The Price is testing 1.68195-1.68603 Support Level for Creating a new Higher Low 📈
If Price Stays Above The Key Zone, GBPCAD Can Continue The Bullish Move 📈
-----------
TARGET 1: 1.69930🎯
TARGET 2: 1.71650🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
AUDCHF - NEW BREAKOUT !HELLO TRADERS !
On The Daily Time Frame The AUDCHF Price Reached a Support Level !
Currently, The Support Level is Broken and becomes a New Resistance Level 🔥
The Price Formed a Descending Triangle Pattern !
so, I Expect a Bearish Move 📉
i'm waiting for a retest...
-----------
TARGET: 0.58800🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Triangle Breakouts, Pump? Wait !!!This was the most trending coin in 2021. This coin will not come in trend again for next 2 years. But before we forget this coin, It will take final small pump. Waiting for Triangle breakout, Currently it's no trade zone. Below the Red line is risk. Above the green trend line is good to buy. Wait.... And follow me for timely updates.
USDCHF - NEW BREAKOUT !HELLO TRADERS !
On The Daily Time Frame The USDCHF Price Reached a Support Level !
Currently, The Support Level is Broken and becomes a New Resistance Level 🔥
The Price Formed a Descending Triangle Pattern !
so, I Expect a Bearish Move 📉
i'm waiting for a retest...
-----------
TARGET: 0.88650🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Ascending Triangle On ETH (BULLISH!!)
Hello guys ,Today i saw a low risk opportunity on ETH/USDT.
the price is on the bottom of the ascending triangle and if it doesn't break it you can do this scenario.
open your position after the price turn back.(wait for green candle,don't open your position fast !)
first target is about 1995.(it's safe to close your position)
but if it's going to continue the scenario , you can close your order on 2030.
supertrend is giving a buy signal too.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
ALGN - Will earnings be the catalyst?ALGN gapped up strongly on Earnings beat during its last earning on 1st Feb23. It then subsequently corrected and partially closed the gap, finding support eventually @ 297 the previous neckline region (now tuned support) and also right at the 38.2% fib retracement of the big recent upswing AB.
Since it's last Earnings, the stock had been wedging in a range but what is clear is that the bogger trend is likley still on the upside as there was a Golden Cross that occured on 14 Feb (nearly 2 month ago) with both the 50 and 200 day MA sloping up now (mild slope for the 200 day MA as it will take a longer time to refect the new trend). Plus the fact that the stock has been holding above it's basing formation neckline.
Any dip back towards the neckline region (297-303) could be an opportunity to long. I suspect the coming earnings expected on 26th April could provide the catalyst to propel it above this trianglle pattern. However, trade earnings at your own risk.
If trade works out, I will be watching to scale out (partially) from 425 - 455, and manage the rest of the position with trailing stops.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!