After reaching all time highs as a result of "short squeeze" during late 2020 $FUBO crashed to $23 forming a support line. The price of the stock increased to $58 per stock with good news on acquiring streaming rights of European Football games. People started dumping their stocks (including me) making a huge profit and got out of game. I would say overall Fubo...
Chart show the possibility of the Broadening Wedge Pattern and it's target.
Hi every one Bitcoin / U.S. Dollar you might be wondering what is the BTC situation right now. well as you can see the Elliot waves principle has been completed and the price is ranging in a broadening wedge . the price is now near the bottom of the broadening wedge and is ready to fly once again! for now please try to NOT trade in futures because It's dangerous...
Hi every one BITCOIN CASH / TETHERUS It seems BCH is in a broadening wedge right now! this means the price can move between the wedge lines until the price breaks this pattern! for now the price has touched the bottom line of this pattern and started to increase! so there is a great chance that price would continue to rise from this point! in our prediction BCH...
SOLUSDT(1H CHART) Technical Analysis Update SOL/USDT currently trading at $46.45 Buy-level: $45.50 - $46.50 Stop loss: Below $43.50 Target 1: $47.30 Target 2: $48.90 Target 3: $50.00 Target 4: $53.00 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Hi every one SOL / TETHERUS SOL/USDT has started to move in a broadening wedge which is good pattern for bulls in this situation as you can see the broadening wedge can easily increase the price up to 56$! There is also a hidden bullish divergence (+HD) on MACD as well that is a great bullish signal as well! Traders, if you liked this idea or have your opinion...
LTCUSDT (DAY CHART) Technical Analysis Update broadening Wedge LTC/USDT currently trading at $352.50 Buy-level: Above $375 (only buy if day candle closes above $375) Stop loss: I will update once i see the breakout) Target 1: $400 Target 2: $450 Target 3: $500 Target 4: $600 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for...
EOSUSDT (DAY CHART) Technical Analysis Update Broadening Wedge EOS/USDT currently trading at $10.180 Buy-level: Above $10.00 (only buy if day candle closes above $10.00) Stop loss: Below $8.40 Target 1: $11.50 Target 2: $13.00 Target 3: $15.00 Target 4: $20.00 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical...
I few days ago I published how a potential breakout might be occurring soon with regard to SKL on the daily chart, but I just wanted to update that there is now a potential short-term break downward instead after revisiting the 4-hour chart. It looks like after the dip from what looks to be a fake out from the other day, a bearish ascending broadening wedge...
Hi every one ENJIN COIN / TETHERUS ENJ/USDT is trying to form a broadening wedge it can increase to the top line of the broadening wedge. There is also a hidden bullish divergence on both MACD and RSI indicators which means the bullish movement is more likely to happen. Our more recent analysis of ENJ/USDT : Traders, if you liked this idea or have your opinion...
Hi every one BRITISH POUND / JAPANESE YEN the GBP/JPY has formed a broadening wedge pattern with hidden bullish divergences on both MACD and RSI( shown in the left chart). how ever there is also a head and shoulder pattern on the chart as well which if the neckline breaks the price will decrease accordingly.(right chart) what do you think will happen? will it be...
A quick look at #PancakeSwap (#CAKEUSDT, #Binance, 4HR): Whether we see a wedge or a broadening formation, CAKE is broke up from it with a nice spike in volume. If confirmed, it could be a good entry. If it fails, price could go back to the $23-$22 level. If you want to read more about PancakeSwap on CoinMarketCap, click here . What do you think?...
We got in at the bottom and will continue to show conviction as the DXY attempts to back test the old 91-92 resistance zone as support. If successful the DXY should have clearance to rise to 94 and beyond. As of now the DXY is showing 3 layers of hidden bullish divergence on the MACD and 2 on the RSI while forming what looks to be a broadening channel above the...
yeah this inverse chart descending broadening wedge.
This is a textbook broadening wedge (megaphone). Although price can breakout either above the top line or below the lower line my bias is short. line as the 4h time frame shows overbought on RSI. This wedge has been touched by price 3 time on both top and bottom and this is the requirement for validation. I don’t know yet if I will take this trade as it is rather...
This is a bottom broadening wedge where price enters from above and touch the lower line first. This is usually a reversal pattern but really it can break out either way. Usually after wedge is validated-( 2 touches of both lines but ideally at least 3 touches on one of the lines)- you will see a partial rise (or fall) before reversing again. I believe we are in...
Theta has been printing an ascending broadening wedge since March 10th. The price is currently sitting in a nice symmetrical triangle. The market as a whole seems bullish right now so there is a high chance that we see this triangle break up. In the short term I am targeting local highs. I think we could see price in the $22.00 range (Fib Extension) by the first...