side by side here. 1h and 4h. for the risk oriented . possible double bottom can lead to huge W pattern breakout to 62K!! on the 4h we are in an ascending broadening wedge breaks bearish 52% of the time as per thepatternsite.com learn more at thepatternsite.com
RSI Bearish divergence, Declining volume, Ascending wedge, Psychological resistance at 2k, Well beyond ATH, XABCD pattern, Potential cup and handle, 400% Fib Extension. I can't wrap my head around a short term bull argument right now.
Ascending broadening wedge - Target: 2.00
Hello everyone, I hope you all enjoyed your three day weekend! Here is my analysis on Tesla, please let me know in the comments below on what you think of this video. This is not financial advice it is up to you on what you want to take on it but I would love feedback. The purpose of these videos is to help educate the public on how I see trading. I also want to...
Identified a short term ascending wedge/triangle with Bitcoin. Breakdown to $43,300 in the next 72 hours likely followed by a re-test of $50,000 in the coming weeks...
Formation of an ascending broadening wedge after a trough www.centralcharts.com This type of pattern appears during the correction in a bearish movement, it is a bearish continuation pattern. Resumption of the bearish movement after correction. The break in the support line definitively validates the pattern. The price objective is given by plotting the wedge’s...
I think we'll see a pullback to atleast 10 dollars from here.
Still bullish or Bearish? there are two possible continuation , if BTC will go to the below EMA 200 period And close there there is high possibility to bearish continuation . if EMA will reject the price strongly and start to moving up and break the Dynamic bearish trend line as you see in the chart it will retest the 40K Again. what do you think Bearish or Bullish?
Dengan adanya bidikan Patern Ascending Broadening Wedges, ada Potensi cuan golden 1.618.
Cardano appears to be forming a bullish megaphone pattern, similar to the one Bitcoin formed earlier during it's current run. You can see from my chart that we have broken through the blue symmetrical triangle and currently testing the upper trend line of the red ascending triangle. Once these breakouts are confirmed this should propel Cardano to the upper trend...
The pair has been in an ascending wedge and has hit some straight resistance following a drop below support. We have some consolidation so for better sentiment towards a drop wait for a breach and close below 1.06600. RSI is finding resistance as presented in chart and MACD/Signal set to divert. TP and SL as shown on chart and pay attention to entry. Please...
Coming out of a ascending wedge pattern we see a very likely move to the downside. Accroding to all of the indicators we are moving out of overbought territory acting as confirmation to our wedge breakout when it occurs. Pending order set for breakout with two targets.
Price target of $220-230 because the confluence of : - Fibonacci retracement (0.618 - $219.06) from ATH to September '15 low - Fibonacci retracement (0.5 - $223.52) from ATH to December '18 low - Fibonacci retracement (0.382 - $225.76) from ATH to March '20 low - Low side of the parallel channel formed since the IPO - Low side of the broadening wedge formed in...
*** Disclaimer - I am relatively new to TA *** Moving averages and stochastics are showing bearish signals on the 4 HR . We're in a large descending triangle . Inside that, we're also seeing an upwards broadening wedge play out. I think we're going to break lower to the support around $11.50. This would be a great buying opportunity. If the US reacts positively...
Digital Turbine - Headquartered in Austin, Texas. "Largest On-Device Media Platform". Digital Turbine simplifies app advertising, recommendation, delivery and tracking. Megaphone pattern extending... All Good. APPS is going up, up, up. (this is not trading advice) -Cryptmando Dec 16, 2020
Hello Traders, Ascending Broadening Wedge Pattern looks to be forming. Seems to be following the typical pattern of a broadening wedge, Higher Highs, Lower Highs. Steep inclines with staggered lows. Following the three peaks & valleys. Tall & wide. If the price bounces off the bottom trend line of 12.58, continued upward movement should be a good swing trade...
Green 20 sma uptrend Purple 60 sma uptrend Gold 120 sma uptrend Blue 200 sma uptrend Volume 100% ++ Ascending Wedge Large body breakout bullish candle Trading Idea shared by Wendy from TSG