ALGOUSDT (4H CHART) Technical Analysis Update ALGO/USDT currently trading at $1.169 Long Entry-level: $1.10 - $1.17 Stop loss: Below $0.97 Target 1: $1.24 Target 2: $1.38 Target 3: $1.50 Target 4: $1.75 Max Leverage: 2x ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Looking to test the upper trend line. The reaction should help give a clue as to whether this is a breakout or bear broadening wedge.
WTI Crude Oil is currently at a critical support level. The red line signifies the broadening formation that Crude is moving in. If we see a proper bounce here, the volatility in the markets as a whole will cool off too, because oil heavily influences the industrial and financials sectors.
H1 : In a broadening wedge formation, close to clouds support zone which is currently very thin = fragility !!! A failure to hold above the clouds would put the focus on the former low area around 54000/53000 area first M15 : Currently trying to reenter in the former short term downtrend channel, without success for the time being. Watch former double bottom @...
Statistics of the descending broadening wedge after a bullish movement - In 79% of cases, the exit is bullish. - In 23% of cases, a descending broadening wedge occurs in a consolidation movement. - In 81% of cases, the pattern's price objective is achieved when the resistance line is broken. - In 40% of cases, the price makes a pullback in support on the...
Hi every one BRITISH POUND / SWISS FRANC the GBP/CHF has formed a broadening wedge in weekly time frame which means the price is expected to move between the upper and lower line of the wedge pattern so if you pay attention to the chart you can see that the market is near the upper line of the wedge this means that the price is expected to decrease and reach the...
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
The possibility of a fall (50-60%) in the coming days and the opportunity of re-buying.
ICXUSDT (1H CHART) Technical Analysis Update ICX/USDT currently trading at $1.35 Buy-level: Above 1.40 (only enter if 1h candle closes above 1.40) Stop loss: below $ 1.25 Target 1: $1.55 Target 2: $1.70 Target 3: $ 2.00 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment...
Hi every one COTI / TETHERUS happy holidays! we can see COTI/USDT chart is in a broadening wedge which suggests that the price will increase eventually Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend...
We have a huge amount of Weekly MACD Hidden Bullish Divergence and small amount of it on the RSI There's also a small amount of Classic Bullish Divergence on the Daily as seen here: I expect that we will eventually break the downward trending line and bust out to new highs; Possibly up to as high as $135
ZECUSDT (4H CHART) Technical Analysis Update MKR/USDT currently trading at $91 Buy-level:$85 - $95 Stop loss: Below $76 Target 1: $108 Target 2: $120 Target 3: $140 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
Hi every one CANADIAN DOLLAR / JAPANESE YEN so CAD/JPY has formed a broadening wedge this means that the price will range between the upper and lower line of the wedge for now! another signal is the regular bearish divergence (-RD) which means the price might start It's decreasing movement very soon! note: price can reach point(E) and than starts...
Idea for Augur Extreme accumulation is present This will ultimately lead to a large break out Very promising project Just needs a larger userbase, which I think we have been exposed to as of now I am long this coin
We can make out a broadening wedge pattern going forward as we have established diagonal support along the lower red line and resistance under the green heartline. A broadening wedge typically indicates increased volatility and with Elon Musk putting bitcoin in his twitter bio and January options expiring it might be that we're in for a crazy week. Our local...
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...
Hi every one Cardano / US Dollar As you can see, the price is inside the broadening wedge and the price can go up to point E . The { Hidden Bullish divergence } indicates a price increase, Remember that oscillators show the future of the market. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can...