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Triangles: A triangle is a chart pattern that’s characterized by a converging price range that’s typically followed by the continuation of the trend. The triangle itself shows a pause in the underlying trend but may indicate a reversal or a continuation. Ascending triangle: The ascending triangle forms when there’s a horizontal resistance area and a rising trend line drawn across a series of higher lows. Essentially, each time the price bounces off the horizontal resistance, the buyers step in at higher prices, creating higher lows. As tension is building at the resistance area, if the price eventually breaks through it, it tends to be followed by a quick spike up with high volume. As such, the ascending triangle is a bullish pattern.
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$SHIB $PEPE $FLOKI 📈Top 10 MEME Coins by Market Cap: 1. DOGE - $14.56B 2. SHIB - $7.78B 3. PEPE - $3.02B 4. WIF - $1.55B 5. FLOKI - $1.18B 6. BONK - $1.15B 7. BRETT - $757.54M 8. POPCAT - $556.90M 9. DOGS - $530.93M 10. BOME - $433.89M
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✔️ The average number of daily transactions in the TON network has increased by 160% since Pavel Durov was detained in France and reached a historic high of approaching 10 million. ✔️ The average number of daily active addresses in the TON network also reached a record at 700,000. $TON
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SUPPORT and RESISTANCE
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📈LONG: $ETH (1H) Analysis: ETHUSDT is showing potential for a bullish move, with confirmation needed in the $2,312-$2,295 range. Keep an eye on this zone to ensure support holds as invalidation occurs below $2,270. Price Targets: Ready for take-off? Look for upward targets at $2,348, $2,380, and $2,416 on the 1-hour chart. Happy trading! $ETH #DYOR #CPI_BTC_Watch #DOGSONBINANCE
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