Identified: 1. Falling Wedge 2. Ascending Rising Channel 3. Ascending Broadening Wedge 4. Levels of Support 5. Levels of Resistance
Hi every one DOT / TETHERUS DOT Is now ranging in a Broadening wedge pattern! this means the Price can range in this pattern Until a Break out happens! So now DOT has touched the bottom of this pattern recently and now we expect the Price to Reach the Top of this pattern from this point. another sign that Gives a chance to this Prediction is that there is a Cross...
Hi trader GBPNZD d1 chart, we're looking After continue long term bullish continuation channel it was successfully boke the stronger support i.e recent Resistance area 1.96450. Last of all it s correction zone creates the Broadening Wedge pattern. Inner support 1.94275 breaks again for short again in this market I expect the next correction 1.94300 then short...
Today, we are going to look carefully at the price action seen on the hourly chart which is showing that the BTCUSD has briefly reached the important psychological resistance level of 60'000. More important is to analyse the recent and current price action !!! Indeed, the top of the ongoing uptrend channel has once again been briefly broken on the upside,...
BALUSDT Technical Analysis Update BALUSDT currently trading at $22.59 Broadening wedge pattern Long Entry: Above $22.50 Stop loss : 21.40 Target 1 : $23.55 Target 2 : $24.40 Target 3 : $25.75 Max leverage : 2x Always keep stop loss
You don't see broadening wedges very often, but ANY's chart is a prime example of what a perfect one can be. ANY is setting up for a beautiful run if bitcoin continues to run. ST Target - $15-$20
I'm recognising a shprt brodcasting broadening wedge
The pattern is a challenge to distinguish as the signature has a bit of falling wedge and broadening wedge aspects. The third option is a rejection of the current channel's upper bound back into a right shoulder and higher low for an iH&S. First MLB Playoff Race and NFL match-ups.
Hello my beauties. I think UsOil is showing signs of distribution on a 1hr timeframe. This would align with the bias that a completion of the bearish broadening wedge is to happen soon. I will sell on successful retest of the red trading range. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different...
- On the chart, we can spot a bullish flag, which is currently breaking out! - Also, the price is above the key trednline (wedge). - Profit target is 0.618 FIB - RSI is ready for a breakout! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want...
BTC has a few scenarios, this is my 2nd chart for analysis. 1. Bull Flag 2. Broadening Wedge 3. Diamond Top 4. Head and Shoulders 5. ABC Corrective Elliot Wave I think BTC is going for the higher low at $49,500 then into the corrective wave down to $38,000. I am bearish short/medium term, bullish long term. This is NFA and for educational purposes only....
Hi every one MATIC/USDT MATIC/USDT is ranging in a Broadening wedge pattern.This pattern is reliable until a break out happens. since there are no break out we can still rely on this pattern.The price currently is at the Bottom of this pattern and there is a Great chance for a Bullish run. there is also a Regular Bullish Divergence (+RD) on MACD which Strengthen...
Hello my beauties. It seems that the price of oil, while climbing, has created a bearish broadening wedge (or megaphone). The completion zone for this pattern is the green area. I'll wait for any wign of weakness and initiate a short position to the completion zone. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to...
Hi every one BITCOIN CASH / TETHERUS BCH is ranging in a Broadening Wedge pattern! the Price can Range between the Upper and the Lower Line of this Pattern as long as a Break out has not happened! so now BCH is at the bottom of this pattern! the odds of bearish Break out is high but there are also some things to consider! there are Hidden Bullish Divergences...
BTC/USD Broadening wedge . . . . . . . . . . . . . .
Hi every one ZILLIQA / TETHERUS ZIL/USDT has started to Range in a Broadening wedge pattern. this means the price can range in this pattern until a break out happens! there is a Bullish Cross as well! you can see That the MACD line has just crossed the Signal line and that's a Bullish Sign! so we can say that ZIL is on it's way to 0.12$ and might reach it...
Next target is the 100% target area of the BW formation. 1. target (statistical target) check. Last update:
After the Daily Resistance at the 50% retracement (65K to 28.8K) we have found the choppy zone. Bulls are in control until a 4 hour trend change. The next bullish level on the Daily is 51,150 a the GP. For the downside: support at 42,400 and the .382 would be place to consider taking some short term profits.