The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. This article explains the structure of a...
When a stock or index price move has fallen over time, it can create a wedge pattern as the chart begins to converge on the way down. Traders can look to the beginning of the descending wedge pattern and measure the peak to trough distance between support and resistance to spot the pattern. As the price continues to slide and lose momentum, buyers begin to step...
ok so in my past ideas ive explained the falling wedge trade, well now is a possible entry as we hit mid-line on the rising channle (bullish). another entry if possible is the bottome of the challel (yellow line). now if you took profit (i did for tax and other reasons) then look to enter some here and if it test yellow line or bottom of channel the rest. as...
DCA buying in the right shoulder area could be prove to be fruitful when we get out general Altcoin rally The investment thesis is quite simple people will see that Fantom might be trading at a $1.50 soon enough And think damn , I missed a 10X what can I buy in the fantom the ecosystem to catch up that 10X So they venture further down the risk spectrum...
Spell had broken out of a falling wedge and finished it's accumulation phase. Targets are as outlined, good luck to you all!!
COINBASE:SPELLUSD token has been what I can call the gem hidden in plain sight, they are non-US based liquidity platform. They battle through so much including the war in Ukraine, which is obviously still on going. At one point they have over SEED_TVCODER77_ETHBTCDATA:1B in TVL, the team has never waived the white flag and pressed on to deliver everything they...
$Spell token has always been a sleeper pick, or dynasty pick. It has been through war, the stablecoin pool bloodbath. I see this coin being a huge factor. I'm here for it!
Spell is a new one for me but the probability looks decent. We’re seeing a push to the upside with 18% gains in 24hour. Keeping an eye on the $0.0009 mark next stop $0.001 pretty intense stuff if this moves to 1/10th of a penny, but we will see how the market moves, currently volume is picking up and decreasing volume is still moving upwards so all is looking...
$SPELL needs to hold the line, The initial line is playing out perfect after a small binance dip.
The Abracadabra protocol has two major tokens. SPELL, the governance token of the platform, and MIM (Magic Internet Money). each offer benefits, the primary function of the Spell Token is staking (for interest bearing SPELL called sSPELL). Like most other tokens using the Ethereum platform, SPELL can be staked to gain various benefits. Two main ones...
There is no doubt in my mind. When business starts booming during the next bullrun this ecosystem will soar🚀 If your not holding 1 million or more spell tokens your missing a great opportunity. Easy side investment for a long position. Coinbase advanced trading is easy to use and set your sell order at 1.00 and forget about it. One day you will your reward for holding. 📈🚀
point of maximum financial opportunity? or close? is this thing still on? website abracadabra.money appears active hmm occupydefi frognation still the most marketable coin in the space imo
this thing still on? or no more dev 97% down from market euphoria last year... twap buyer just tagged in so i charted looks bottomy... just brokeout ltf trendline
weekly close on top of S2? S2 because big volume on this line 9EMA holding? middle channel line turning into resistance ? MACD green RSI taking a breather what about OI and FR ? keep watching
We are looking bullish on the daily and weekly candles. Spell token should go for a 100% gain by mid September. We are sitting at 0.0014225 next target at 0.0032000 as always not a financial advisor, but this is my prediction. Good luck!
The Spell token (SPELLUSD) has recently broken above the Channel Down pattern that it's been trading in since December 27 2021. Yesterday it made another big bullish break-out as it broke above the 1D MA100 (green trend-line) for the first time. Ideally we would like to see a 1D candle close above it and the 0.382 Fibonacci retracement level as well but with the...
Buying fear on SPELL here at 0.00105 Easy 200-300% gains from here Expecting time period (within 30 days) Its not a financial advice
SPELL looking to expand. But can it overtake TRR (range resistance)? Second attempt and curiously timed with the Celsius Token rally. But this may just be a coincidence. A limit sell is in order here: anywhere between .272 and .618 will do the trick. Remember we are still in the countertrend; gotta play it safe. Good luck, safe trading! *Be sure to subscribe for...