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Trianglepattren

expect a Breakouts at this point!!hello everyone We can see the accumulation in this market for almost all of the cryptocurrencies, and for most of the day trading strategies. this accumulation tightened the market spring and a breakout is Inevitable. We have symmetrical triangle form as the two trend lines touching,and we have the same pattern in our RSI too. Due to the spikes in volume and the amount of BITCOINS leaving the brokers, i expect most of the cryptocurrencies with the same pattern to break the upper trend lines.
by HubAlgo
SHIB/USDT : Moving into a triangle !BINANCE:SHIBUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! SHIB has formed a symmetrical triangle and now it's moving near to the higher trendline. Despite of that it's reaching near to the apex of the pattern; There're few possibilities to look for ! - Bullish case; If we get the breakout above the pattern and hold above S/R zone ( mentioned Grey zone ), Then we can aim for $0.00003432 and $0.00004230. - Bearish case; If we get the rejection below the pattern and hold below S/R line ( mentioned Green line ), Then we can aim for $0.00001866 and $0.00001514. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
9
MphasisHello and welcome to this analysis on Mphasis. In the daily time frame its been in a sideways trend now for quite some time forming an Ichimoku P Wave. We can see each swing zone has a 3 leg structure testing the 2 trendlines. Currently it appears to be ending the 1st leg of the the last wave down (likely), a small bounce back from the current level and then the final leg of Wave E near to the lower trend line should complete this P wave triangle Results are scheduled to be due end of the month. By then it is likely to complete what would be the end of a Price and Time correction in it. Until then stock will continue to remain in a narrow range. View would be wrong if the swing low at Wave C is broken. Alternatively if a turn from here breaks the upper trendline then will consider this low as end of Wave E.
NSE:MPHASIS
by Dinesh_C_Nagpal
⭕️SELL NZDJPY ❗️🔰You see the analysis of the New Zealand Dollar against the Japanese Yen in 30 minutes ( NZDJPY , m30)🔎 🔰SELL Limit NZDJPY at 85.950 ✅TP ; 85.350 ❌SL ; 86.100 🔰As it is clear from the image, the price is moving in a triangle pattern, due to the presence of the price in the triangle resistance line (the bearish white line) the sale in this range seems to be low risk. The target is placed at the triangle support line (white ascending line) 👌 ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 _______________________📈TRADER STREET📉________________________
Short
by TRADER_STREET
1
Crude Oil Idea Nr_one (WTI)Hello Traders This is my opinion on Crude Oil. The price is at strong resistance: - Trendline --> Dec./ Jan. Highs & Jan.- Mar. Lows - 78.6 Fib --> Mar. Rally - Resistance --> 1 & 4 April Lows - 50 Day EMA @ 99.29 - Descending Triangle on Price and TDI (RSI) The price will probably push back from strong resistance I mentioned, between ~98 & ~99 and move lower till the 50% Fib. support at 95.90 and the triangle support + the March low at 93.50. A break through will give the price more downside Momentum till the support levels below: - Oct. / Nov. highs @ ~85 - 161.8 Fib. Retracement --> March Rally - Very Strong Support between ~ 75 & ~77 --> 78.6 Fib. Retracement from March highs + Oct. '18 & Jul. '21 highs + 2022 Open Long-term I think the price will go higher again up to the 2008 high @ ~150 maybe more.
TVC:USOIL
by FiXTUX
2
KCSUSDT is ready to explode?On the daily timeframe, the price is testing the upper trendline of the big pennant, exactly 19.5$ on 0.618 Fibonacci level and the price is going to create a Cup and handle as well. On the 4h Timeframe the price had a rejection from the 21.2 Resistance and now it's testing the previous weekly support. How to approach? the price could have a false breakout of 19$. In that area the market finds the liquidity for a new bullish impulse. the price needs to have a breakout from the 21.2 Big resistance. So, IF the price is going to have a breakout from 21.2, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
38
typical triangle pattern btc go to 50k.just moment ago, ideal triangle pattern formed. price looks likely go up up to 50k, and falling price movement is actually very good sign. 4h chart show us that price still have room to rise to 50k. 15m chart show us that price movement formed a ideal triangle chart. i bought short at 47200.(after waiting very very long time) and i will buy long at 45300 ( Test points above the 4 hour chart, and bottom of triangle pattern) if price go below 45300 i expect price will bounce at 44900. (and form rising wedge.) stop loss 44700 ( if price go down to 44700, then i expect price go down to 43700, tp1, typical triangle pattern.)
BINANCE:BTCUSDLong
by LeeBit
3
HNTUSDT is trying to create a new Higher highThe price is testing the monthly resistance, a key level at 25$ the price got rejections in the past after a triple bottom on the 19.5$. The price got a rejection exactly on the 26$ where the market has a 4h resistance and dynamic daily resistance. On 4h Timeframe the price is trying to create a new higher high. How to approach? We are waiting for the breakout from the key level and applying our rules for a long position. As you can see on the left, just a breakout is not enough to open a new long position, so we will wait even for our rules. Next daily resistance is 28$, don't miss it –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
HLong
by InkyGrip
2