Ascending Triangle 🤔↘️↗️🤔

Hi dear traders
An ascending triangle is formed, if the price breaks the upper side of the triangle correctly (3400 resistance) it can ascend to the specified area, otherwise it is possible to return to the 4H demand area.
Wait for the resistance breakout then in pullback we can entery.
Good luck.

تعليق:

Triangle confirmed now

تعليق:

Wait until price go down to 4H demand are then buy

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After breakout We can open short position with stoploos above the 3300
HL to 'LL

تعليق:

Price bounced back to 4H demand are, first idea and target reach.
And now second idea to be completed, ( short position)

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When the ascending triangle is confirmed, the size of the target is equal to the height of the base of the triangle. Now, if we consider the position of the shorts, it becomes the same size as the rule of triangle

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My friends, I always update the analysis. Please write your comment, in which case the notification of updates will be sent to you and you will use it better. Ask any question, it's free. I hope it was useful for you. I'm glad that all three of my analyzes of ETH, ATOM and BTC were profitable today.
GOOD LUCK

تعليق:

Hello friends The price is in the 4H demand area. It is possible to return from 3050. Otherwise it goes down to the 3000 daily demand area. Which is the target of our shorts.

تعليق:

Price from 3100 bounce support, if a 4-hour bullish candlestick above this support closes, you can enter the long position I will post the analysis update
Now ,we can open long position in 1H timeframe with stoploos below 3050 ,( entery with your risck)
Good luck