It appears as though the DJI has found a micro bottom, expect a bounce to the downward sloping resistance of the broadening wedge near term.
I've placed a green finger to highlight the micro bottom of the pattern.
Currently trading under the 200DMA, historically this has been a great time to enter a position. The DJI doesn't stay under the 200DMA very long, over...
Just a quick simple overview of what I see on the MIR chart. It seems to be forming a textbook descending broadening wedge, and from the counts I receive I expect one more leg down near .90 before a massive move up.
This fits in with my bearish perspective on Alts, such as FTM - Idea here
And the macro perspective of BTC market as a whole - Idea here
#XTZ/USDT
$XTZ is inside weekly broadening wedge pattern, and price is near lower line.
🐮 holding the lower line of wedge that is the same with support zone, will increase price to resistance around $4 and break out from this resistance will head up price toward resistance of 0.5 fib level that is the same with ascending trend line.
break out from ascending...
the gann fan and log view with broadening wedge indicates stock is trending toward long term support. if we cant close over the 4/1 monthly its probably headed for that lower trendline. were at horizontal support so a bounce starting here would probably head for the 2424 area. closing above the mid 2400s and we could head for 2988 where TRAMA is currently hanging...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC made a low of $28,700 and now I'm expecting an upside movement.
BTC is forming a descending broadening wedge pattern in the 4hr time frame. If this pattern plays out perfectly and holds the $28,700 level then we can expect it to reach the...
wow, hard to believe canopy is getting near my entry point in 2016-2017.
This stock has been a rollercoaster since rec legalization in Canada.
A Potential trading range is highlighted in green. Any price movement that is sustained below or above the green lines is noteworthy.
If WEED doesn't hold the green line of support a gap down to CAD $2.80 is highly...
Price target CAD $4.20 by June 2023.
GTII is trading well below the 200DMA, expect a bounce towards the downward sloping resistance of the descending broadening wedge near term and short or sell your swing trade in that area.
Just watching this pattern to see if it plays out. If support holds, a nice 50% first target to the upside looks likely, possibly more if resistance breaks at the $0.74 level.
Keep it plain, simple and minimize the noise!
We nailed our last few trades! :)
Sorry for the phone upload, but here we see the bull flag we were watching has turned into a descending broadening wedge (bullish pattern).
If we get our confirmations, my target is around 33-34k.
Also not surprised if we just nuke straight through this, as the market is clearly...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update. BTC looks good here.
BTC is breaking out from the descending broadening wedge pattern in a 4hr time frame. Holding the $45k support very well so far which indicates that bulls are still in control.
All we need now is to break above $47k...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update. BTC looks fine in LTF.
BTC is making a broadening wedge structure in 1hr time frame. Currently, it is trading at $45,900 and holding the support of $45,500 well so far. I'm expecting a good bounce from here.
BTC has a resistance at $47k. Once...
ENJ is in a Broadening Wedge Pattern. This Means It can range In It Since There is no Break out Happend yet! But The odds of Doing a Break out Right now Is Not Zero! Since The Market Has Started a New Bullish Trend It is Possible for ENJ to be able To Break the Broadening Wedge Pattern.Right now The Best Support Level for ENJ Sits around 1.7$. There are 2...
#XTZ/USDT
$XTZ touched the lower line of broadening wedge and hold it as support. and now try to break out from descending resistance in daily time frame.
🐮 price can head up to resistance zone around $4.
break out from $4.3 can increase price to resistance zone around $6 that is the same with 2 ascending trend lines.
We have Two Instances of Bullish Divergence on the 4 Hour MACD at the Demand-line of a Descending Broadening Wedge and PCZ of Bullish Shark and if it plays out we could very well see the top half of the Channel from here.
GBPJPY breaks the Descending Broadening Wedge Pattern on H1 and going to the yellow horizontal line
Price will retest the Classic Support on H1, EMA 34 on H4 and EMA 200 on Daily time frame before it continues down
Enter Short Sell trade after MACD crossover above 0 level on H1
Target Price is on the 1.618 External Retracement Cluster
FX:GBPJPY
-Fibomic International-
🔵🟡Chart is speaking it self!
Bitcoin / U.S. Dollar
-BTC Is in a Broadening wedge.
-The Price can range in this pattern as long as there is no Break out.
-Right now The Price is at The Bottom of the Pattern
-(+HD) on Both MACD & RSI
-The Odds of A Great Bullish Movement Is High!
- The chart is in Weekly Time Frame
-Mid Term Target 72K!
_ _ _ _ _ _ _ _ _ _ _ _ _...
after the downward trend in the last 4 days today there is a big green volume and although it's so far under the VWAP and the candles is under the resistance but there is a broadening triangle and a few wedges and I think it's the end of the broadening triangle and there is an upward tendency and I think it's good time to buy although the war between the Russia...
