CGLD Possibly Soon to Break Out (CGLDUSD)It looks like we're trading inside another triangle pattern.
If the price breaks out to the upside, I will enter my long position. Cheers, ✌️💫🚀
Trianglepattren
BTCUSD 50k imminentA few days ago price was struggling below 40k but Elon Musk lifted the price announcing a 1.5 billion investment from Tesla. This led to the sharp rally we have in the chart. Last price action is showing short term cnsolidation in a triangle formation, currently being broken to the upside. 50k is almost not a dream anymore.
$FLOWUSDT - Wait for a breakout and go longHello everyone!
Exploring new altcoins and here is one of them - FlowUSD
Flow is giving a nice long opportunity here. Wait for a breakout and go long.
BTCUSDT is creating a bullflag – 50k soon?🦐After our previous idea The price tested 0.618 Fibonacci level If the price will have a breakout upward, 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.
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.
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
Boeing after the covid date. Trending wedge, triangle ascendingWhen the virus started 02.20.2020 310 was the price of the boeing. After you can see for trading new price with chart pattern and harmonicpattern.
I used on this video trend analysis with supportandresistance. Welcome :)
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.
DOTUSDT is creating an ascending triangle 🦐After the perfect bounce on 0.382 , $DOT.X is creating an ascending triangle and the price is testing the lower trendline. IF the price will have a breakout upward, we can see another bullish impulse.
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ATOMUSDT is inside a triangle 🦐$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.
BITCOIN consolidation/accumulationBITCOIN/USD market is still consolidating in this triangle formation trapped above support and below resistance not showing any signs of a breakout just yet but is again accumulating in this zone, my long term bullish bias ofcourse remains the same but from a trading perspective until we see a clear break in either direction we will remain on the sidelines.
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.
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.
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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.
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.
$VRAY on a sharp decline to $4.15 - gambling on a move under $4This one looks like its going hit the support line at $4.15 as it follows the triangle pattern, but if it breaks it there should be another strong move down under $4.00 with all the room in the RSI.
STOP LOSS $5.40
TAKE PROFIT < $4.16
BTC is falling downAs the chart shows there is a triangle pattern after the sharp up trend. The lower trend line has been broken down.
So it's falling down.
4h candle closes within the triangle.The triangle we all been looking at has shown to be very reliable for the last 10+ days. 1D, 4H and even 1h candles all closed within the triangle and bounced perfectly off the support of the triangle. We’re still bullish and I personally think we will go up from here to 50k.
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.
Multiple patterns on UPL chartsUPL price has given a breakout of symmetrical triangle pattern on friday. Also at strong S&R level now and forming a rounding bottom pattern as well. Closing above this resistance can go higher, next resistance can be the initial target. Price levels mentioned in charts..
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?
BTCUSDT is inside a triangle, ready to explode? 🦐IF $BTC.X will have a breakout from the triangle and flip the 4h resistance into new support, we can see a new impulse until 43k. According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Ascending triangle break out long term plan BTCIt seems current price action is forming ascending triangle with higher lows in all time frames up to 1d. The above is example in 4h, let's say if we break previous all time high that will be also break out for this pattern. One can open long position at previous all time high after pattern retest. And wait till fibbo level 1.618 from swing high-low from ATH.
Basically breaking above ATH will result confluence of fibbo retracement level(1.618), pattern breakout and price movement towards another strong psychological level of 50k.
Entry Price: 41969$
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
