Bitcoin Daily Chart #TA
As per daily basis chart analysis, BTC still moving into Ascending Broadening Wedge Pattern and it is always works on #Bearish Pattern, Mean's soon Bitcoin will be under Lower-Low #BearishZone.
And, as per #FIBretracement, it also displays that its Higher-High mark is completed but its Lower-Low still remains.
Always #DYOR before investing.
APTV is currently looking for a support line which it is very close to!
The support line is highlighted in solid green
I have also drawn a few patterns two falling wedges and one falling broadening wedge, or falling megaphone
Bullish once price starts to bounce off the trend line.
hello guys...
btc formed a broadening formation.
what do you think?
it is going to break up or it wanna retrace to two green areas?!
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As you can see in the chart, this is a very simple idea, this is a broadening pattern breakout that signals the continuation of the uptrend.
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To that we have to add that new money keeps...
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Once upon a time in the land of Crypto, there lived a quirky and peculiar trader named Fred. Fred was an eccentric fellow who had a knack for spotting patterns in the vast and wild world of cryptocurrencies. His favorite cryptocurrency was Ethereum (ETH), and he traded it against the U.S. Dollar (ETHUSD) with a passion that could only be rivaled by his love for...
#Bitcoin 1day #TA at #KuCoin
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Here is a closer look at BTC in its Ascending Channel Pattern:
This is just a quick chart post with a Ichimoku Y Wave Pattern, an Ascending Channel Pattern and an Ascending Wedge Pattern.
Which one will win???
Based on larger term analysis in the waves made present over the past few weeks, I believe that Solana is due for a sizeable run back to $25, before support is ultimately tested near $20.
EIGHTCAP:US30
Here on the 4 hour chart, we can see price action forming an expanding wedge. Knowing there is are still imbalances to the upside that are likely to get filled before any more dramatic moves down, I'm looking for the bulls to take control around the ATR of 33189 where I'll be bidding this market. This area will be the 3rd push on the wedge, meeting...
Bitcoin will definitely reach 30,000 - 32,000 USDT this month, but after that the bears will try to shutdown Bitcoin, because of a massive resistance on the daily chart, so keep reading!
Why is the 30k-32k level so strong? We have 4 confluence points here, and different people will sell Bitcoin at the different levels, but they are very close to each other, so...
WMT is currently showing an ascending broadening wedge pattern on daily timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line is the resistance line and the lower line is the support line. As we can see in the chart that its moves increase with higher magnitudes. This pattern should be traded when the price breaks out...
Just a quick update.
SPX closed the year 2022 with a Diamond Pattern. This pattern is potentially a reversal pattern (potentially bearish if it occurs at Market Tops, and potentially bullish if it occurs at Market Bottoms). Where it is occuring now, it could be a bottoming process for the SPX.
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• QQQ is very volatile, and since it hit the ceiling of this Broadening Wedge, it dropped sharply, and now, we are near the bottom line;
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LIT is currently forming an ascending broadening wedge on 4h timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line of the wedge acts like a resistance and the lower line acts as a support.
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