eBay Inc. bearish scenario:The technical figure Triangle can be found in the daily chart in the US company eBay Inc. (EBAY). eBay Inc. is an American multinational e-commerce company, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold. The Triangle has broken through the support line on 18/08/2022, if the price holds below this level, you can have a possible bearish price movement with a forecast for the next 8 days towards 46.70 USD. Your stop-loss order, according to experts, should be placed at 50.15 USD if you decide to enter this position.
Unfortunately for shareholders, while the eBay Inc. share price is up 42% in the last five years, that's less than the market return. eBay's earnings per share are down 19% per year, despite strong share price performance over five years. This was, in part, due to extraordinary items impacting earning in the last twelve months.
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Trianglepattren
RSR inside symmetrical triangle#RSR/USDT
$RSR is inside a symmetrical triangle pattern and hold above the middle line of this pattern.
🐮 breaking out from the upper line of the triangle will increase price toward the resistance zone around $0.011.
🐻 breaking down from the lower line of triangle can drop price to the support zone around $0.004.
Ascending Triangle pattern on GMT/USDTHello guys, Today i saw a bullish Ascending triangle on STEPN and i thought it will be a good long setup.
first position is when the price hits trend line and goes to resistance area , open your long position between 0.9400 and 0.9600(you can open short position now from 0.9787 to trend line).
wait until the price hitting the Resistance area and close your position safely.
second position is after break out , open your short position at 1.0000 and close it after hitting the Support zone.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
Simple Ascending TrianglesJust a look at some ascending triangles forming on the BTC chart over the last couple of weeks. It just touched on the bottom trend line again in the past 24 hours, so I'm looking for a bounce up from here to the upper line. If we break below, than the triangles fall apart. Also looking for volume to increase as the lines converge, for a break to the upside. Otherwise, low volume could see the price reverse. I will be keeping an eye out for these triangles to narrow over the next week or two before reaching a head. This is a borderline rising wedge shape, but seeing as it is relatively flat on the top line, and the rising price from the prior two weeks, this looks to be a continuation in my eyes.
If the price does rise to the vertex, it should bring the price just above a big resistance level, and seeing as there isn't much resistance beyond that from ~$26k to ~$28k, breaking that could be more impetus for the price to break to the upside.
Triangle Formation on DXY on 8/9/22I enjoy trading many technical patterns, but this one I am not a fan of trading until price action shows a non-neutral trending structure. Therefore, I will only be monitoring DXY.
Equilateral Triangle Pattern: This is when the price action s neutral (flat) due to the price trending in both directions at the same time. Typically many fake outs happen with triangle formations, so it is very important to include a price filter when trading this.
VENKEYS EXPLOSION MOVE 75% UPSIDE ^^^VENKEYS India has given a breakout and retesting its previous levels
Reason to enter the trade
1. Breakout
2. Retesting
3. High volume
4. Daily timeframe
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
NET - Breakaway Gap (huge volume!)NET gap out of a right angle triangle with extremely huge volume. This is likely to be a "breakaway gap" which usually occurs at the beginning of a trend and the odds of this gap closing in the near future is slim.
There is a near term possible resistance coming up (filling of a prior gap) at around 77-78. Any dips going forward should be opportunity to long as there is room on the upside.
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!
CenturyTex Traingle Pattern near breakout on daily time frame going to break beautiful tringle pattern on a daily time frame good opportunity to go long for swing trading if break strong
TWT Multi-Year Triangle Pattern Calls for $1.4 TargetSince its inception, Trust Wallet Token (TWT) entered into a long period of consolidation, developing a symmetrical triangle formation. The multi-year symmetrical triangle pattern now calls for a retest of the upper resistance level around the $1.4 level.
Symmetrical Triangle Pattern
This multi-year pattern has the potential to continue driving the price action in the coming months unless we get a clear breakout on either side of the symmetrical triangle. First, TWT's price made a base near the $0.30 level, which was followed by a powerful uptrend topping out at $1.65.
A subsequent sell-off pushed TWT's price down to around the $0.45 level, generating another base from where we rallied again, but failed to reach the previous high. TWT topped again at $1.40 and sold off to $0.55 to form another base.
In the short-term, we have left the base, and if the same pattern repeats again then the current rally could fall below the March 2022 high of $1.40.
A weekly break and close above the $1.00 psychological level has the potential to cement the bullish case scenario.
RSI Oscillator
The weekly RSI has also broken above the 50 mid-level; the last two times this signal occurred, we had two powerful rallies. The bulls have the upper hand as long as the weekly RSI continues to print positive momentum readings.
Looking At Some Symmetrical TrianglesTwo symmetrical Triangles,
One on the left showing price poised above the higher trend line, which will likely lead to bull continuation as indicated by the green arrow
The one on the right shows a stronger breakout
Both of these scenarios are bullish and follow well with the bullish nature of symmetrical triangles