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Trianglepattren

AAVE Ascending Triangle ConfirmedGood day/Evening or to some, night Ladies and gents, I am not a Financial Advisor, please do use your own analysis and own thoughts for support. No pun intended. I've been on AAVE's watch since it's early breakouts. Please notice my update of positive outcome with our Ascending triangle confirmed. Although I understand some may be concerned about MACD level drops. We'll keep on the lookout for MACD Signal on 4H, but I wouldn't rely on it too much. Potential breakout possible at anytime this week. Be on the look out! As usual, folks, Happy and safe trading. Stay safe, CryptoManiac
COINBASE:AAVEUSDLong
by UnknownUnicorn8133685
ONTUSDT is testing weekly resistance 🦐IF $ONT.X will have a breakout from dynamic upper resistance and static weekly resistance and flip it into new support, 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.
Long
by InkyGrip
18
DOTUSDT is creating an ascending triangle 🦐After the perfect bounce on 0.382 , $DOT.X is creating an ascending triangle and the price is testing the lower trendline. IF the price will have a breakout upward, we can see another bullish impulse. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
27
ATOMUSDT is inside a triangle 🦐$ATOM.X is testing weekly resistance. IF the price will have a breakout upward, 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.
Long
by InkyGrip
15
YFIIUSDT is testing 4h resistance 🦐$YFII.X is inside a weekly range, and the price is testing 4h resistance and 4h trendline. IF the price will have a breakout, 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.
YLong
by InkyGrip
14
AVABTC is creating an ascending triangle 🦐IF $AVA.X will have a breakout upward and flip the current 4h resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order What is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming. An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop loss level. ––––– 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.
Long
by InkyGrip
12
The BTCUSDT level that I am watching while market goes sidewaysAdding a bit more confidence that current prices could attract more buyers soon. I think 33k is logical support and may be a good buyers zone. Note also the downward volume trend as price consolidates further. Looking bullish to me honestly. BUT... This bigger pullback may be confusing traders right now and we may see more sideways before resuming up. An even bigger pullback is also possible of course. Daily chart indicating that this pullback is now in its 2nd leg down. The 2nd leg doesn't have to go lower than the preceding low (Triangle?)... but we'll see. Not trading advice.
Long
by thedailychartist
BTC Hourly Updatewe had really nice correction for Bat Pattern as i mentioned at the previous BTC Update. After that we see that price is trying to recover itself again. as you see we have also symmetrical triangle pattern too. there is two strong key level around 40K and 30K which act significantly as support and resistance. and two vital level as i mentioned as blue are very important in the chart that need to hold. there is two possibility for price action: 1: going up to the key level, make a double top and start to falling down or break out from triangle and falling down 2:going up and stabilize above the key level and going to hit new ATH what do you think?
by behnamkarimi6
BTCUSDT is inside a triangle, ready to explode? 🦐IF $BTC.X will have a breakout from the triangle and flip the 4h resistance into new support, we can see a new impulse until 43k. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
13
Ascending triangle break out long term plan BTCIt seems current price action is forming ascending triangle with higher lows in all time frames up to 1d. The above is example in 4h, let's say if we break previous all time high that will be also break out for this pattern. One can open long position at previous all time high after pattern retest. And wait till fibbo level 1.618 from swing high-low from ATH. Basically breaking above ATH will result confluence of fibbo retracement level(1.618), pattern breakout and price movement towards another strong psychological level of 50k. Entry Price: 41969$ Stop Loss: 41088$ Take Profit: 48973$ Note: we still have danger of RSI weekly in highly overbought area and indeed ticking time bomb which may explode anytime, always keep eye on the 30k price level
BITFINEX:BTCUSDLong
by cj1313
XRP Will Beat $1- 1.5 by 1st quarter 2021(But Haters are Ready!)Like and Subscribe for More Update on XRP.(thanks for the support) Price action Vs the News, here I must say that Price action speaks volume than the news can catch up, XRP is not just planning a super flight but the plan is to make sure so many miss this particular flight to the Moon. But come on Makaveli, how About the SEC news and the selloff huh? Before I answer that let's look at the charts and see why the SEC News could only fuel the next bullish price move the more. Weekly Chart Pattern Discovered : Inverse Head & Shoulders This is probably one of the most reliable Trend reversal Pattern Indicators among major reversal patterns. This particular pattern is associated with a reversal of a downward trend in price. It is one of the more common reversal indications, It is similar to the standard Head and Shoulders pattern, except that it is inverted. This is a Bullish Pattern, and this pattern must contains three successive lows with the middle low (“Head”) being the deepest and the two outside lows(“shoulders”) being shallower, it is not compulsory but is good to see the two shoulders be of equal height and width( sometimes they are not). Contrary to the head and shoulders pattern, the inverse head and shoulders pattern occurs after an extended move down.(obviously XRP has been on that down move for long time). But Just like in the straight Head and Shoulders pattern, the strength of this reversal, measured as the rising amount after the breakout, is proportional to the decline before the pattern appeared. Daily Chart Pattern Discovered : (Inverse Head and Shoulder Inside a Triangle) What is a Symmetrical Triangle Pattern? A bullish symmetrical triangle is a bullish continuation chart pattern. The pattern is formed by two converging trend lines that are symmetrical in relation to the horizontal line. How do you identify this pattern? The first line is a bearish trend line creating the resistance also known as downtrend line where the bears(sellers) are packed in numbers ready to shot down anything that moves , this is also called the "resistance line of the bullish symmetrical triangle". The second line is a bullish trend line creating the support, here the Bulls(buyers) gather in numbers to acquire the muscles(buy pressure / accumulation zone) needed to battle the bears(sellers) at the upper trendline. this support line is also called the "support line of the bullish symmetrical triangle". For our Daily chart Symmetrical triangle to be called bullish, the movement preceding the triangle’s formation must be bullish. let's see if XRP case meets this demand below: To confirm this pattern observed , The accumulation zone(Buyers zone on the lower trendline of the Symmetrical triangle has printed and inverse H & S inside the Triangle bottom trendline very Visible on the 4hrs Chart Below From all this, I can simply confirm this Bullish plan on XRP will be massive and so many will most likely miss it as a result of the current fluctuation going on in the whole crypto market combined with the SEC News. But this will only prove that XRP is a sleeping giant and Holders are about to smile by this sleeping Beauty ones she awakes. Thanks for Reading.
Long
by MachiavelliTrader
6