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Tiangle

#TIA/USDT#TIA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 2.18. We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 2.27 First target: 2.36 Second target: 2.42 Third target: 2.53
Long
by CryptoAnalystSignal
Bitcoin: Fibonacci Triangle PatternSeeing diamond pattern on tops gives us general clue that market is about to fall. After all, this is what it draws (what masses go through) as it loses momentum and eventually goes for a correction. However, even if we're very sure, rushing to trade based on systematic patterns does not actually guarantee the desired outcome. For instance, the bullrun which started in 2016 lasted relatively longer and each top of smaller composite cycles might also have drawn similar patterns that one might identify as bearish reveals, but it kept going up. The concept of order in chaos is not absolute, so it's best not to rely on only one interpretation, especially when we're dealing with collective human consciousness where uncertainty and duality makes it one of the most trickiest systems. Therefore, seeking for an additional layer of confirmation is a preferred discipline, before considering fractals. Triangle Pattern - General Theory Historic swings are obviously crucial, however focusing on the recent price activity deserves a higher priority. If we observe the pattern closely, we can establish that there were rejections from top as well as bottom. In this triangular formation, a falling ATR reflects the indecisiveness of market participants. I've learnt from CMT that triangle pattern is also referred to as a “coil” because of the way price action behaves within the pattern — similar to a compressed spring or coil that is winding tighter before a strong breakout (energy release). You must know that they come in three primary types, each with distinct price movement implications. The symmetrical triangle is a neutral pattern where price forms lower highs and higher lows, signaling indecision and a breakout in either direction. The ascending triangle is bullish, featuring higher lows and a flat resistance level, indicating strong buying pressure and a likely upward breakout. In our case, we're dealing with the descending triangle which is interpreted as bearish, because of lower highs and a flat support line, suggesting increasing selling pressure and a higher probability of a downside breakout. (We still need to wait for breakout to occur!) Trading a coil triangle pattern effectively involves a systematic approach to confirm breakouts and manage risk. First, traders should wait for a breakout beyond either the resistance or support level, ensuring the move is decisive. A key confirmation factor is trading volume—a breakout accompanied by high volume is generally more reliable, reducing the likelihood of false moves. Once a breakout occurs, traders can set price targets by measuring the height of the triangle at its widest point and projecting that distance from the breakout level. To mitigate risk, it is essential to place a stop-loss just inside the triangle’s boundaries, ensuring that any unexpected reversals do not lead to significant losses. Fibonacci Triangle Visualization Since I love to experiment, I couldn't resist from capturing the pattern using Fibonacci Channels to help you visualize the high passions and tensions during the battle between bulls and bears for the direction of trend. It provides a data-driven structured way to project breakout targets with precision. This approach is a part of my research aimed at studying and understanding the actual market behavior, particularly market noises that lead to false signals.
CRYPTO:BTCUSD
by fract
3
PEOPLEUSDT Loaded for a Breakout: Go Long or Wait for a Retest? Hey, traders! 🐂🐻 Today’s radar is on BINANCE:PEOPLEUSDT , and the market is definitely "buzzing". The price is sitting at 0.04588 USDT, and we’ve seen it knock on the resistance at 0.04689 USDT a couple of times. What is that level? A wall of liquidity! Whales are clearly capping the price. Now, let’s get to business. The chart is forming an ascending triangle – a classic setup. If the price breaks through the liquidity up top, we’re in for a pump. But as they say, "don’t go all in until you see a clean breakout." 🔑 Key Levels: Support: 0.04300 USDT – buyers are stacked here. If this level breaks, get ready for a dump. 0.04100 USDT – the bulls’ last stand. Reaching here puts the trend at risk. Resistance: 0.04689 USDT – the critical level. Break it, and we’re flying; fail, and the whales keep pushing us down. 0.04900 USDT – the first target to "skim the cream". 0.05050 USDT – the ultimate target if the market picks up speed. 🚩 Strategy: Entry Point: Enter long after a clean breakout above 0.04689 USDT (let the volume confirm it). Stop-Loss: Place stops below 0.04300 USDT to avoid "liquidity grabs". Take-Profit Targets: 0.04800 USDT – lock in some gains to avoid FOMO. 0.04900 USDT – for those who like "cold, calculated moves". 0.05050 USDT – the final stop when the market gives everything it can. 📈 Technical Breakdown: The triangle is screaming: the market is gearing up for a move. Rising volumes – a signal that buyers are revving up. A retest of 0.04689 USDT before the breakout is a great chance for scalpers or those "hunting setups." 💡 What’s next? The big question: are we catching a pump, or will it fizzle out? If 0.04689 USDT doesn’t break, expect bulls to pull the plug ("handbrake") and possibly some tilt for those who entered too early. Your thoughts? Maybe someone spots a sell wall or a divergence on the indicators? Share your observations – the collective mind wins, as they say. 🚀
Long
by Max_Pr0fit
TIA: Best support level📊Analysis by AhmadArz: Overall Downtrend 📉: The chart shows that the price has been following a downward trend, making several lower lows. The drawn downtrend line confirms this trend. Support and Resistance Zones 🛡️⚔️: Resistance Zone: There is a significant resistance zone around the price of $7.860 to $8.000 (TP2) where the price has bounced off multiple times without breaking through. Support Zone: A support zone is visible around the price of $5.003 to $4.881, which the price is currently approaching. Price Prediction 🔮: Wait for Confirmed Buy: The text on the chart suggests waiting for a confirmed buy. If the price hits the support zone, a rebound to the upside might occur. Target Prices (TP): TP1: $6.742 TP2: $7.860 TP3: $9.121 TP4: $10.703 Technical Signals 📊: The price has bounced off the downtrend line multiple times without breaking it, indicating the sellers' strength in the market. If the downtrend line is broken and a reversal pattern is confirmed, reaching the specified target prices is possible. 🔍Entry: 5.768 🛑Stop Loss: 4.881 🎯Take Profit: 6.742 - 7.860 - 9.121 - 10.700 Trading Strategy 💡: Buy: Consider buying if reversal signals are observed and confirmed in the support zone. Sell: If the price fails to hold the support zone and the downtrend continues, selling is advisable. Key Levels 🔑: Pay attention to key support and resistance levels for setting stop-loss and take-profit orders. Wait for confirmation of reversal patterns before entering a trade. Overall, this chart indicates that TIA/USDT is in a downtrend, and traders should proceed cautiously, paying close attention to the support and resistance levels before making any trading decisions. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
IOC great buying opporunity????????!!!!!!!after staying around the support level it has given DOUBLE BOTTOM and started to go upside.but it is taking resistance from the trend line. so if it is breaking the trend line we should wait for retest and then on confirmation with a smaller stop loss we can go long. again this is just for an educational purpose this is not sure shot forecast so please do your own analysis before taking trade,hope it will help you understand market behavior. thanks :)
NSE:IOCLong
by yatinp32