Elastos can be seen to be in the early stages of nearing a reversal point with this recent bounce off the descending scallop trendline While populous can be seen, engaged in a reversal at the current moment Descending scallops often are very slow to come to fruition and is a common trend among many altcoins Heres two
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE THE DOLLAR / JAPANESE YEN FROM THE MONTHLY CHART. * This is an overview for a bigger picture , direction & sentiment of the pair IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS...
Hello everyone, I hope you are all doing well! In this analysis, we have broke out of the huge descending wedge. Jumia got hit hard by the recent bear market and it is turning bullish with amazing setup. Combine bullmarket with a pattern, and the fact that institutions and traders are buying massivly as indicated by the huge jump in the profited shares of 70%....
I hope you catch the big quick drop on NQ with my last idea. I also hope you exited fast before the rebound. I got out almost at the bottom. I got out after the Doji formed at the bottom. I didn’t stick around for confirmation and just took my money and run! Now NQ back up and consolidating. You can see my short and long set up. We are looking at descending...
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows
Nice descending wedge forming on 1D chart of BA. The confirmation might be over the low smas (9,20) and obviously a break out over the wedge resistance line. I am bullish for the next week and see big potential for this sector. Nice support on the 100sma. Just an amazing play it would be 😋😍
All the technicals we've discussed in the previous week's posts are now coming together beautifully. We're approaching the last 5th wave of the 5-3-5 zigzag correction, which ultimate target also perfectly aligns with the C-wave. We're talking about a prospect bottom at around $43,000-43,500, give or take. What further supports this is that Bitcoin hasn't had...
EHEALTH is reaching to it's descending trend line. General trend of the stock in currently declining and the market will hit to descending line soon at around 78. Also as it is clear in the chart, price has been significantly reacted to pitchfork lines during its down going path and there is a nice overlap between descending trend line and pitchfork mid line at...
OMGUSDT is soon going to break out of Descending triangle. This is very bullish.
yeah this inverse chart descending broadening wedge.
The price is creating a descending channel above daily support, and now the price is testing the upper trendline. IF the price will have a breakout of it, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
USDCAD appears to have started its bull run. CAD is overall weak which makes this pair look good for longs. Wait for another impulse and correction before entering. Goodluck and trade safe!
Might be forming Descending triangle along with a Bearish cypher If the bottom was in then we should not wick below the last low waiting to fill long then short for 3drive plan () this could also be dead cat bounce in that case we will take out the last low & wick a lot lower to 40xxx
Presented is a 1 hr sell off analysis. The pair has been descending and indicators point towards continuation. RSI is slow moving through oversold while MACD is set to make a deep breach through oversold zone. Take profit at next key support at 1.48000 and retest. Please comment with thoughts and ideas. Thank you.
AAPL is going to 120-130 levels - Descending wedge
RSI Reversing MACD Cross on Daily Descending Wedge All time low, consolidtaing at this price Swing on time
Presented is a the 1 hr chart for this pair. All fundamentals and technicals point towards sell off continuation. I chose the 1 hr chart for a clear directional analysis however attached is the day chart snap that confirms direction. The pair is sitting at a key daily support of 1.48900. Currently on the 1 hr chart our MACD and RSI indicators are set to pivot at...
We have a possible setup forming on BLRX, in that it does seem to be filling out the descending wedge to the downside. Let's watch for a break to the upside and a confirmation retest of the trend line as well. This is not trading advice.