We expect a reversal to the upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
EUR/NZD M30 Bearish Channel: Prepare for Potential Selling Opportunities The EUR/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing downward momentum and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: As...
Hello Traders ! As We Talked in The Previous Analysis, The XAUUSD Formed a Descending Triangle. The Price Broke The Support Level (2013.702 - 2021.000). This Key Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉. I'm Waiting For Retest... ________ TARGET: 1983.000🎯
As We Talked in The Previous Analysis: The XAUUSD Formed a Descending Triangle. The Price Broke The Support Level (2013.702 - 2021.000). This Key Level Becomes a New Resistance Level. Currently, The Price Pull Back to Important Structure and Formed a Triple TOP Pattern. ________ TARGET: 1983.000🎯
We're still in the middle of this fall oput from the descending Triangle The Price Target for that Decscending Triangle Landing on the 200 day moving average seems to be to coincidental to not play out. With technical analysis i like to see my indicators and charting patterns play into each other so i feel i'm reading a story and right now btc say's the bulls are...
COINBASE:SOLUSD 📉 Solana Analysis: Descending Triangle Alert! 🚨💔 Hey Solana traders! 🌐📉 Ready for a deep dive into the charts? Let's unravel the current Solana scenario. 🕵️♂️💹 📉 Descending Triangle: 🐻 Brace yourselves – we're in a descending triangle, a bearish chart pattern signaling potential downward pressure. 📉🔻 🧐 Bollinger Band Indicator: Trending below...
Hi Traders ! On The Daily Time Frame, The XAUUSD Formed a Descending Triangle. The Price Broke The Support Level (2013.702 - 2021.000). This Key Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉. I'm Waiting For Retest... ________ TARGET: 1983.000🎯
We expect further upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
Doge can crash by a 64%. Why? Because we have a descending triangle on the weekly chart, which is a bearish pattern. Also, how much % profit DOGE made in 2023? 0%. DOGE is going sideways. Do not get me wrong, I believe in future on DOGE, but investors are disappointed compared to other coins. I think we can buy cheap doge in 2024 / 2025. Then to the moon. Let me...
BINANCE:KAVAUSDT is overcoming trend resistance, which could give a potential rise of several tens of percent in the mid-term Against the backdrop of rising COINBASE:BTCUSD , which is overcoming the key 4-week resistance KAVA and the altcoin market shows good potential. The only nuance is that KAVA is lagging the market and continues to consolidate. An...
As We Talked in The Previous Analysis: The BTC Price Formed a Descending Triangle Pattern. Currently: The Support Level is Broken. So, I Expect a Bearish Move 📉 TARGET: 41500🎯
BINANCE:THETAUSDT is forming another resistance retest and in fact it can be considered an attempt to change the bearish trend. The chance of success is quite high as several key patterns are forming. On the high timeframe, the coin finds a clear bottom and the triple touch pattern confirms the area. But the price still has a long way to go for a trend...
Hi Traders ! The BTC Price Formed a Descending Triangle Pattern. So, Let's Expect The Bearish Scenario: If The Price Breaks and Closes Below The Support Level ! We Will See a Bearish Move... TARGET: 41500🎯
BINANCE:LPTUSDT is moving into the phase of realizing the accumulated potential. Against the background of stalled BTC, LPT / TetherUS looks confident enough to continue its growth after breaking through resistance. The cryptocurrency market is quite active lately. Overall capitalization, flagship, altcoins are warming up after a prolonged winter. Prices are...
Hello traders and welcome! Let's have a look at EUR/AUD on its hourly chart, showcasing a potential trading opportunity. The price has formed a descending triangle, and it's currently trading near the trendline breakout level, which is at 1.62093. Targets are set to 1.60775. Happy trading! 📉✨
Gold in all likelihood may decline. On the chart, technically, there is a situation that may indicate that the price is preparing for further decline. Reasons for further decline ↓ 1) reversal setup 2) retest of support at 2020.13 - strong pre-breakout potential 3) negative fundamental background for gold 4) support breakout attempt may lead to a true breakout formation
Hi Traders! AUDUSD is in a descending triangle, and there is a possibility of a break below the trendline support. Here are the details: The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline and exit at 0.64924. Preferred...
FOSL has been in a downtrend since June 2021, when it reached a 52-week high of $6.08. The stock has formed a descending wedge pattern, which is a bullish reversal pattern that indicates a possible breakout to the upside. The stock has recently crossed above the resistance line of the wedge, which is a positive sign of a trend change. The stock has also formed a...