Exactly mentioned in the title , I would like to explain how to take trade in this pattern.
As usual I have 4h chart to explain , lets dive into , Before that - (disclaimers) always Do Your Own Research and #NFA.
Here, $aave breakout happened because the candle closed below the trendline. To identify a valid breakout, a big bearish candlestick must breach through the trendline and should close opposite side. You can use this big candlestick strategy to avoid false channel breakouts, Hope got it.
First of all, let’s discuss the stop-loss, take-profit, Entry, and risk management of ascending channel pattern.
How to take trade? Open a short position just after the confirmation of ascending channel breakout. You can also wait for the price to give a minor pullback and then place a short position to increase the risk-reward ratio with a stop-loss level. It also depends on the market conditions. Simply wait for a retracement before order entry if the RR ratio is low otherwise open a short position just after channel breakout.
Stop-loss ? Place stop-loss above the last higher high made by the price within the channel.
Target? The first target is should be at the level from where ascending channel starts (near HL). The second target is should be at near L(where the ascending channel has begun).
Risk management? Its very important part of trades , Actually risk reward ratio is depend on traders.
$xrp is framing descending pattern within the 4h time frame . Lets dive into,
A downward-sloping upper trendline (the green line connecting the lower highs from around $2.58 down toward ~$2.07).
A flat lower support line around $1.82–$1.90 (you can see price has repeatedly bounced from roughly that zone).
IS a descending triangle bullish or bearish? Traditionally, a descending triangle is considered a bearish continuation pattern, especially when it appears during a downtrend (which XRP has been in since the high around $2.58).
The logic is: Sellers are becoming more aggressive (pushing highs lower). Buyers are defending the same support level. Eventually the support usually breaks, leading to a continuation of the downtrend.
Classic technical analysis, the pattern is bearish and suggests a likely breakdown below the horizontal support (~1.82–1.90 area) if it completes.
XRP right now (December 2025)Descending triangles can sometimes fail and reverse, especially in crypto where sentiment can flip quickly.
IF price instead breaks above the descending upper trendline (currently around 2.07–2.10), the bearish setup would be INVALIDATE and it could turn into a bullish reversal.
Right now price is sitting right at $2.07, So this is the decisive moment ,either a breakdown or a breakout is coming soon. (DO YOUR OWN RESEARCH BEFORE TAKING ANY ACTION )
Broke out in the downside direction , exactly as I mentioned in the previous post . Remember not confirmation get yet , Be careful and be safe from fake out ,
#NFA #DYOR
Daya11
--
$XRP {future}(XRPUSDT) #xrp
$xrp is framing descending pattern within the 4h time frame . Lets dive into,
A downward-sloping upper trendline (the green line connecting the lower highs from around $2.58 down toward ~$2.07).
A flat lower support line around $1.82–$1.90 (you can see price has repeatedly bounced from roughly that zone).
IS a descending triangle bullish or bearish? Traditionally, a descending triangle is considered a bearish continuation pattern, especially when it appears during a downtrend (which XRP has been in since the high around $2.58).
The logic is: Sellers are becoming more aggressive (pushing highs lower). Buyers are defending the same support level. Eventually the support usually breaks, leading to a continuation of the downtrend.
Classic technical analysis, the pattern is bearish and suggests a likely breakdown below the horizontal support (~1.82–1.90 area) if it completes.
XRP right now (December 2025)Descending triangles can sometimes fail and reverse, especially in crypto where sentiment can flip quickly.
IF price instead breaks above the descending upper trendline (currently around 2.07–2.10), the bearish setup would be INVALIDATE and it could turn into a bullish reversal.
Right now price is sitting right at $2.07, So this is the decisive moment ,either a breakdown or a breakout is coming soon. (DO YOUR OWN RESEARCH BEFORE TAKING ANY ACTION )
REZUSDT shows a cautiously bullish technical outlook with MACD supporting upward momentum, KDJ near a bullish range, and RSI neutral. The price near the lower Bollinger Band suggests potential support. Traders should watch for confirmation of momentum continuation or signs of weakening.
$xrp is framing descending pattern within the 4h time frame . Lets dive into,
A downward-sloping upper trendline (the green line connecting the lower highs from around $2.58 down toward ~$2.07).
A flat lower support line around $1.82–$1.90 (you can see price has repeatedly bounced from roughly that zone).
IS a descending triangle bullish or bearish? Traditionally, a descending triangle is considered a bearish continuation pattern, especially when it appears during a downtrend (which XRP has been in since the high around $2.58).
The logic is: Sellers are becoming more aggressive (pushing highs lower). Buyers are defending the same support level. Eventually the support usually breaks, leading to a continuation of the downtrend.
Classic technical analysis, the pattern is bearish and suggests a likely breakdown below the horizontal support (~1.82–1.90 area) if it completes.
XRP right now (December 2025)Descending triangles can sometimes fail and reverse, especially in crypto where sentiment can flip quickly.
IF price instead breaks above the descending upper trendline (currently around 2.07–2.10), the bearish setup would be INVALIDATE and it could turn into a bullish reversal.
Right now price is sitting right at $2.07, So this is the decisive moment ,either a breakdown or a breakout is coming soon. (DO YOUR OWN RESEARCH BEFORE TAKING ANY ACTION )
Exactly mentioned in the title 📷 $btc is preparing 'W' pattern or 'Double Bottom' pattern. Here I have 4h chart as per my strategy analysis , Now lets talk about this pattern .
This is prediction and I am predicting this chart best of my knowledge, but one thing remember that this pattern is neither complete (break out) nor confirm , Without break out and confirmation don't Long here . If price don't moves in the direction of chart and price moves downside that mean pattern is invalid .
The "W" pattern is bullish, signaling a potential reversal from a downtrend to an uptrend. Also called a double bottom, it indicates that sellers have lost momentum and buyers are starting to take control, which may lead to a price increase once the pattern breaks a
$ETH #ETH is preparing 'W 'pattern or 'Double Bottom[
Exactly mentioned in the title $eth is preparing 'W' pattern or 'Double Bottom' pattern. Here I have 4h chart as per my strategy analysis , Now lets talk about this pattern .
This is prediction and I am predicting this chart best of my knowledge, but one thing remember that this pattern is neither complete (break out) nor confirm , Without break out and confirmation don't Long here . If price don't moves in the direction of chart and price moves downside that mean pattern is invalid .
The "W" pattern is bullish, signaling a potential reversal from a downtrend to an uptrend. Also called a double bottom, it indicates that sellers have lost momentum and buyers are starting to take control, which may lead to a price increase once the pattern breaks above a resistance level
$NEAR #near $near is forming broadening wedge pattern in the 4h time frame . Lets know about it-
Broadening wedges can be either bullish or bearish depending on how they form within an existing trend. There are some clues in the pattern itself that suggest whether the market is likely to continue the same trend or reverse. Here we can trade these chart patterns as range trades between the highs and lows of the support/resistance lines. A broadening wedge forms when the price is holding between two diverging trend lines. The upper line is resistance and the lower line is support. When the broadening wedge is aligned horizontally, the price makes higher highs at the top and lower lows at the bottom. Broadening wedge patterns can also be sloping upwards or downwards. These are known as ascending broadening wedges and descending broadening wedges.