1. Apple must stop selling multiple iPhone models in Europe: Apple is facing a ban on selling certain iPhone models in Europe due to violations of the USB-C common charging standard regulations. 2. Google launches Government App Verification feature in Vietnam: Google introduces a new feature to help users identify and download official government applications to limit online scams. 3. South Korea collaborates with Telegram to prevent harmful content: The South Korean government and Telegram are working together to control and eliminate inappropriate content on this platform.
"Master the Symmetrical Triangle Pattern! đ The Secret Weapon for Precise Trades"
Symmetrical triangles are one of the most reliable chart patterns that can help you anticipate massive breakouts. But to trade them successfully, you need to understand key principles and actionable strategies. Letâs dive in and break it all down! đ What Is a Symmetrical Triangle? đ¤ A symmetrical triangle forms when the market creates lower highs (LH) and higher lows (HL), converging into a triangle-like shape.It shows a period of consolidation, where the price is gearing up for a big breakout in either direction. đĄ Pro Tip: This pattern works best in trending markets as a continuation signal. How to Trade the Symmetrical Triangle: Step-by-Step Guide đ ď¸ 1ď¸âŁ Identify the Pattern Clearly Spot alternating lower highs and higher lowsâthese should be clean and precise.Confirm a tightening range, with price moving toward the apex of the triangle. đ Key Insight: Symmetrical triangles often appear before key news releases or high-volume moves. 2ď¸âŁ Look for the Breakout A breakout occurs when price breaks above or below the triangle's trendlines.Watch for a strong breakout candle with significant volume. â ď¸ Avoid: Trading within the triangleâitâs a low-probability zone. 3ď¸âŁ Entry Points for Symmetrical Triangle đ Entry 1: On the breakout candle close.Ensure volume confirms the breakout direction.Use a tighter stop-loss below the last swing low (for upward breakout).Entry 2 (Retest Method): Wait for price to retest the breakout area and form a new lower high (LH) or higher low (HL).Enter on confirmation of rejection. đĄ Why Use Retests?: Retests improve win rates by reducing the risk of fakeouts! 4ď¸âŁ Where to Set Stop-Loss and Targets đđŻ Stop-Loss:Below the breakout candle for a long trade.Above the breakout candle for a short trade.Use a buffer of 1-2 ATR to avoid getting stopped out by noise.Take-Profit Targets:Use the height of the triangle and project it in the breakout direction.Use key levels (e.g., Fibonacci extensions) for additional confluence. Extra Tips for Symmetrical Triangle Success đ Stay Patient: Most traders jump in too early! Wait for clean breakout confirmations.Check Volume: Rising volume during the breakout confirms the move. No volume = fakeout risk.Use Higher Timeframes: Symmetrical triangles are most effective on 4H, daily, or weekly charts.Combine Indicators:Use RSI or MACD to confirm momentum.Look for divergences at the apex of the triangle for stronger signals. What to Avoid â ď¸ Forcing Trades: If the pattern isnât clean or well-defined, skip it.Choppy Markets: Avoid symmetrical triangles in sideways markets.Ignoring Fakeouts: Always wait for candle closesâdonât rush into the breakout prematurely. Quick Recap: Symmetrical Triangle Essentials â Alternating lower highs (LH) and higher lows (HL). â Breakout direction indicates trend continuation. â Entry on breakout candle close or retest for safer setups. â Targets based on triangle height projection. đŹ Whatâs your favorite way to trade triangles? Share your thoughts in the comments! đ Save this post for future reference and share it with your trading community. Letâs grow together! đ
#Crypto2025Trends #Crypto2025Trends AI, DeSci, quantum resistance, and memes could become dominant forces in the crypto space by 2025! As technologies like decentralized AI and green cryptocurrencies continue to grow, we are witnessing a revolution in the way cryptocurrencies operate and interact with the outside world. These new trends are not only changing the way we understand finance, but could also reshape the way blockchain platforms and protocols operate. So which trends do you think will dominate in the near future? Are you betting on the rise of AI in crypto applications, or are you bullish on the rise of quantum-resistant technologies? Or perhaps, do you believe in the power of the meme coin communities that have been growing strongly in recent times? 2025 is sure to be a year of change and disruption in the crypto space. Share your predictions and views on the future of the industry!
Altcoin Season Index Stabilizes at 51, Signaling Market is in Altcoin Season
The Altcoin Season Index stabilizes at 51, signaling that the market is in Altcoin Season. The Altcoin Season Index tracked by CoinMarketCap (CMC) remains unchanged at 51 as of 00:49 UTC on December 24. This stability underscores that the market is currently experiencing Altcoin Season, with altcoins outperforming Bitcoin in price performance.
Understanding the Altcoin Season Index The Altcoin Season Index is a metric designed to measure the relative performance of the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) against Bitcoin over a 90-day period.
$LUMIA quick no chance bro đ Earn Lumia is doing great promotion on BN, which is understandable since soon with the amount of tokens you guys have bought and earned, they won't be able to sell them. That's why MM will make them skyrocket strongly đ
$BNB The 20-day EMA is flat (689 USD) and the RSI is just above the midpoint, indicating a potential range-bound action in the near future. The BNB/USDT pair may fluctuate between 635 USD and 722 USD for a while.
If buyers push the price above 722 USD, it will signal the beginning of a move up to 760 USD and then 794 USD. The bears will gain the upper hand if they sink and maintain the price below the upward trend line.
Today is the retest day and the software is just like yesterday from here until Sunday it will stay this way. There will be a breakthrough on Monday next week. Once the breakthrough happens, you can exit right away.
$ETH short-term liquidity 1-2 weeks upper region is somewhat beautiful. Liquidity in the third quarter lower region is still somewhat high. There is one more week left for the week. There is also one more week left for the quarter. Let's see which ones MM picks up first
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