The Misleading Rising Wedge on Ethereum Over the past few weeks a prominent trader who I admire has been adamant about Ethereum forming Rising Wedge, which is a bearish reversal pattern. I disagreed with this view but acknowledged the concern raised as any reasonable trader would. However, It caused me a bit discomfort as I have a large position in Ethereum...
TRXUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank...
Hi. KUCOIN:GTAIUSDT ✅Today, I want to analyze GTAI for you in a 9H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). CHART IS SPEAKING IT SELF Currently, there are two scenarios, one is that the price is in an ascending...
Hi. COINEX:ETHUSDT ✅Today, I want to analyze ETH for you in a 3D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH crossed out of the symmetrical triangle on weekly timeframe😉 ✅ Due to the Ascending structure of the...
FX:USDJPY is technically poised to hit a multi-month high. Against the backdrop of a strong dollar, the JPY is losing ground as the Central Bank of Japan is failing or is not going to do its job. On D1 we see a global setup, where the fact that the market wants to break through 150.286 - 151.944 becomes quite obvious. Regarding the lower boundary - 150.286, a...
Hello guys, As we all know there can't be only one directional move in any healthy financial asset. It seems the digital gold is somehow in an exhausted state since we have been watching the Bulls strong accumulation since the first day of the ETF approval. As we predicted earlier this week about its possible bearish momentum formation this bearish behavior...
Grindwell Norton invites attention as it positions itself for a potential breakout. This exploration delves into the compelling factors shaping a promising swing trading opportunity. Reasons are listed below : Grindwell Norton has undergone rigorous testing at the 2320 levels, displaying resilience and now gearing up for a potential breakthrough. A bullish...
Fifth winning strike of bulls and Nifty50 made All the Time High that is 22186. Nifty has form green body candle with long upper and lower shadows. Currently candle is trading near upper band of Bollinger Band. Index is forming Ascending Triangle So further uptrend can be seen towards 22381 with support of 21939 level. ⚠️ Important: Always maintain your...
FAIRCHEMOR stock has made Big Broadening Pattern And around the support of Broadening pattern stock has made Ascending Triangle pattern Also Stock has given Breakout of Ascending Triangle pattern We can clearly see Breakout with Huge Green Candle!!!! Stock can show 2100 levels in coming weeks Which is 50% from here on. Broadening Pattern target is 3000+...
Just like in BTC and everywhere else in the crypto markets, the trading volumes on ETH are also very low. However, the main difference from BTC is that Ether's supply is now deflationary. Since the merge of the new consensus mechanism; Ether's circulating supply has been going down. (The first year in deflation). And alongside this data, on-chain metrics show...
Hi. COINEX:LUNAUSDT 😊Today, I want to analyze LUNA for you in a 4h time frame so that we can have a short-term view of LUNA regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). LUNA is in an ascending triangle which means the price is about to do a good bullish movement. The price...
Hello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my video analysis: In 2019 Microsoft stock started creating a major bullish trendline which was tested again in 2020 and also the beginning of 2023. Furthermore Microsoft also broke out of a massive ascending triangle formation and is now just looking extremely bullish. If...
FX:EURJPY is realizing the potential of rebound from support and forms a retest of resistance. At the moment consolidation is forming above the level, which increases chances for further growth. Globally, the currency pair continues to form a strong bullish trend, having left the previously formed ascending channel, which is currently a strong support area....
The ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better. The MACD has recently signaled a buy and we're cruising above the signal line. We're forming an ascending triangle with the price target taking us close to the next fib line more importantly...
USDJPY Ascending Triangle, looking for a move higher in the short term to retest the triangle trendline for resistance.
LDO looks absolutely strong. It just hit a new all-time high a few weeks ago, and this is serious. What you want to do is buy coins that have reached an all-time high for massive profits. What is the next target? The 3.0 FIB extension is 185% far away, which is good; take profit here. Strong Elliott Wave combos (1)(2)(1)(2) provide a solid trade setup. We can see...
➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. ⏮️Previous Analysis 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and...
Hi. ➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. -AB=CD -Cup&Handle -Ascending Triangle -trend line 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more...