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Trianglebreak

LTCUSDT compressionA breakout opportunity is forming on LTCUSDT. The pair is currently consolidating after the recent downtrend that formed several tops and offered multiple selling opportunities. Price movements are increasingly compressed and will eventually break. The same compression is building in the RSI Exhaustion indicator at the bottom. As of now, the breakout could be either to the upside (trend reversal) or to the downside (trend continuation) so let's just wait and see when the breakout comes. Remember to do your analysis, be patient and always look for confirmation from the indicators.
by a.b
BABA: The worst is over?!Alibaba Short Term - We look to Buy at 101.70 (stop at 87.10) Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. Reverse trend line support comes in at 100.00. Dip buying offers good risk/reward. Our profit targets will be 139.64 and 150.00 Resistance: 140.00 / 160.00 / 200.00 Support: 100.00 / 90.00 / 60.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:BABALong
by VantageMarkets
2
Kellogg: Company splitting!!Kellogg Company Short Term - We look to Buy at 71.09 (stop at 67.91) This stock has recently been in the news headlines. They are splitting into 3 strategic companies which will increase efficiencies. The stock reacted premarket by breaking out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. We look to buy dips. Our profit targets will be 81.87 and 84.00 Resistance: 76.00 / 82.00 / 88.00 Support: 70.00 / 66.00 / 60.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:KLong
by VantageMarkets
Banco Santander bearish scenario:The technical figure Triangle can be found in the Spanish company Banco Santander, S.A (SAN.mc) at daily chart. Banco Santander, S.A., doing business as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by Financial Stability Board. The Triangle has broken through the support line on 14/06/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 2.3990 EUR. Your stop loss order according to experts should be placed at 3.0510 EUR if you decide to enter this position. Banco Santander has a leadership position in loan and commercial services in Spain, Italy, and other countries. Additionally, it also has a considerable market share in terms of deposits in the U.K. It recently made inroads in the U.S. market with the acquisition of Sovereign Bancorp. Furthermore, it has a healthy exposure to Latin America and some of the top emerging markets. Its business has been booming in the past year, with double-digit growth in its top-line results. Also, its free cash flows are at a spectacular 45.3 billion euro, with an eye-catching dividend yield of 13.27%. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BME:SANShort
by legacyFXofficial
Things ProfZero doesn't like - Increasing correlationsINVESTMENT CONTEXT On June 9, the ECB governing council announced its intention to raise interest rates by 25bps in July; a "larger increment", possibly sized at 50bps, is envisaged for September if inflation persists For the third time this year the World Bank cut its economic growth forecast for 2022, this time to 2.9%, after January and April revisions to 4.1% and 3.2% respectively, and warned about coming years of above-average inflation and possibly stagflation The OECD slashed its global growth forecast to 3% - down from 4.5% it predicted only a few months ago U.S. inflation in May unexpectedly hit 40-year high at 8.6%, up from April's reading at 8.3% considerably adding pressures to the Fed Freeport LNG terminal in Texas, crucial for energy supplies to Europe, will be closed for at least three weeks following an explosion at its Texas Gulf Coast facility Mortgage demand is at the lowest level in 22 years in front of rising rates PROFZERO'S TAKE Equities cratered on June 9 and 10, as investors processed the combined news of the ECB announcing its path to increase interest rates and surprisingly surging inflation in the U.S. Albeit money-market traders already priced in the ECB 25bps hike scheduled for July, now they are factoring a 40% probability of a heftier 50bps raise for September - one that would bring interest rates into positive territory almost 2 quarters ahead of forecasts after 8 years of ultra-loose monetary policy. ProfZero largely anticipated that markets didn't fully bake-in the ECB's course on monetary policy; now that that pocket of volatility has been uncovered, ProfZero sees turmoil on equity markets as the positions that were constructed in an attempt to call the bottom are unwound; yet with more clarity on the Regulation's side, now investors can rely on a more detailed strategic frame ProfZero does not like swelling correlations. They signal generalized distress amongst traders, with algorithms amplifying the sentiment. Seeing the blockchain space fall along with the market at large while BTC comes at the closing point of a mid-term triangle indicates a possibly painful breakout may be in the making PROFONE'S TAKE After the bank cut again its world economic growth forecast for 2022, World Bank's President David Malpass said “The world economy is again in danger”. According to the OECD, the world economy will pay a "hefty price" for the war in Ukraine. The macroeconomic scenario is not homogeneous, and emerging market economies are expected to bear the brunt of the worsening conditions. Some signs of relief are appearing instead in developed countries, thanks to small price declines for semiconductors and fertilizers. ProfOne reminds that June is the peak period for energy supplies to be stocked ahead of winter in the northern hemisphere, while freight rates are expected to be kept high by persistent port congestion and intensifying deliveries for goods to be dispatched ahead of holiday season. Under such premises, Profs see but scant possibilities for near-term solution to the inflation equation, left alone the possibility of a "soft landing" for the economy deeper in 2022 PROFTHREE'S TAKE Mixed news coming from China - trade data showed exports bounced back in May, growing at 16.9% on a yearly basis, while also imports rose to 4.1% after both indicators had hit the floor in April amidst COVID-related restrictions. Yet, albeit trade figures beat expectations, investors somewhat shifted their attention to a new lockdown in one district of Shanghai, which capped the gains in Asian markets. ProfThree has set its eyes on the containment of COVID in Inner Mongolia, China’s key coal mining province, which now accounts for almost a half of total Omicron cases in the country. With coal supply and the related logistics under strain, prices might surge even higher, compounding to global energy supply and security concerns
CME:BTC1!
by ProfZero
XTZUSDT is going to have a breakout from the triangleThe price is testing the 4h resistance on the triangle. The price had a breakout from the dynamic resistance and now the market is testing the 0.618 Fiboancci level. If you look on the left you can see that the price has a supply zone on 2 - 2.1 $ How to approach it? The price needs to create a clear breakout from that area. If the price is going to get momentum and volumes, According to Plancton's strategy, we can set a nice order
Long
by InkyGrip
4
DYDX- A new all time low??!Hi everyone As we have seen a failure from MTR pattern,the bearish market was clear.Now we got ourselves a triangle and we have to see how does the price react. The reactions mostly happens near the support and resistance levels, so we got support levels of 1.625$ and the bottom of the triangle,and for resistance we got 1.8$ and after that we got the top of the triangle. Hope this analysis helps you in a way. I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
Long
by HubAlgo
REEFUSDT is creating a triangleThe price is creating an ascending channel below the daily resistance of 0.005$. As you can see the daily area is very strong for the market, and the price got several rejections from that area. How to approach it? IF the price is going to have a breakout from that area, 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 🦐
RLong
by InkyGrip
5
💥 Natural Gas Gas Gas 📈Do I have to recap the current geopolitics for you? Germany is navigating to its black-out because the gas supply from Russia is being capped (stupid German politicians but okay). Because of the lack of nuclear energy, the Europeans will have a certain electricity problem - at least Germany in the coming winter. So, they will import US natural gas on a large scale. That's the story in a nutshell. The FED and ECB have bloated the circulating money so that some inflation will play its part too. Looking at the technicals: We are about to break this triangle formation to the upside. If this breakout gets confirmed, I'm expecting perhaps a re-test of the trendline or breakout level and then a further upward move. According to the seasonality of the last ten years, Natural Gas has the first spike at the end of April , after this a little bit higher after the middle of May before dropping hard at the beginning of June . Honestly, I don't know if the seasonality in these global circumstances plays a dominant role. It depends on how strong the inflation kicks in. So I'll decide later if I exit my position in May or if I hodl until October/November. No investment advice - just my 2 cents on this topic. ;)
NYMEX:NG1!Long
by p4917
5
Short Term Bull Run in Bitcoin, Triangle Pattern Shows PotentialTriangles are great patterns to see on a price chart. They are easy to spot, and provide very clear levels for entry and profit taking. We are currently watching for a short term bullish trade opportunity in Bitcoin. The triangle pattern is complete, and price is currently approaching the key level of 30,735 (the level we will use for entry). We are targeting the area where wave (Y) will equal the length of wave (W) (a very common relationship in Elliott Wave theory) around the 34,000 level. Triangles are also fantastic to trade as the pattern provides a clear level to know when your analysis is wrong. In this case, the red line at 28,639 is our threshold. If this level is broken then we know our current triangle interpretation is wrong, and we can reassess as the market gives us more information. At Parallax, we focus on trading education and wave analysis to build a foundation of skills that give our clients the edge. We trade Crypto, Forex (FX), and equities. We keep our analysis simple, clear, and easy to execute. Comment below if you would like to see more trade ideas, Elliott wave analysis, and market updates
COINBASE:BTCUSDLong
by ImreSG