DescendingTriangle
24,017 views
7 Posts
Hot
Latest
📉 **Sell Order Alert!** 📉
🔻 Bitcoin is caught in a descending triangle pattern, signaling a potential downturn! 🔻
💰 Seize the opportunity to profit as it breaks below key support levels! 💰
📉 Don't wait! Place your sell order now to ride the wave down! 🌊💸 $BTC #shortsell #DescendingTriangle #HotTrends #BTC🔥🔥🔥🔥
🔻 Bitcoin is caught in a descending triangle pattern, signaling a potential downturn! 🔻
💰 Seize the opportunity to profit as it breaks below key support levels! 💰
📉 Don't wait! Place your sell order now to ride the wave down! 🌊💸 $BTC #shortsell #DescendingTriangle #HotTrends #BTC🔥🔥🔥🔥
Descending Triangle
Description: Two or more equal lows forming a horizontal line at the bottom; two or more declining peaks forming a descending line that meets the horizontal line. It typically forms in a downtrend (bearish).Trade: Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom trendline of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle. Example: TNB emerging from Descending Triangle:#prasa777 #DescendingTriangle
📉 Trade Setup on $INJ - Injective Protocol: Neutral Descending Triangle 🔄
📊 Market Sentiment: Neutral
🔍 Pattern: Descending Triangle (Emerging)
💼 Trend: Neutral (Short-Term), Uptrend (Medium- and Long-Term)
🚀 Momentum: Mixed (Bullish MACD, Neutral RSI)
📉 Trade Analysis:
Pattern Recognition ✓ | Neutral Trend ✓ | Breakout Anticipation ✓
📈 Targets:
🎯 Potential Breakout: Upside to $45
🛑 Stop Loss:
Set a price alert for breakout confirmation
📉 Support & Resistance:
💪 Support: $30, $20
🚀 Resistance: $45
🚨 Trade Execution:
Traders may consider an entry upon breakout confirmation from the Descending Triangle, targeting potential gains to $45. Keep a watchful eye on the price action and exercise caution.
#INJ #InjectiveProtocol #CryptoTrading #DescendingTriangle #TechnicalAnalysis 🔄📈
📊 Market Sentiment: Neutral
🔍 Pattern: Descending Triangle (Emerging)
💼 Trend: Neutral (Short-Term), Uptrend (Medium- and Long-Term)
🚀 Momentum: Mixed (Bullish MACD, Neutral RSI)
📉 Trade Analysis:
Pattern Recognition ✓ | Neutral Trend ✓ | Breakout Anticipation ✓
📈 Targets:
🎯 Potential Breakout: Upside to $45
🛑 Stop Loss:
Set a price alert for breakout confirmation
📉 Support & Resistance:
💪 Support: $30, $20
🚀 Resistance: $45
🚨 Trade Execution:
Traders may consider an entry upon breakout confirmation from the Descending Triangle, targeting potential gains to $45. Keep a watchful eye on the price action and exercise caution.
#INJ #InjectiveProtocol #CryptoTrading #DescendingTriangle #TechnicalAnalysis 🔄📈
