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.
Head and shoulders and a W and a descending triangle.
As Predicted in my earlier chart, The descending wedge has been broken to the upside and ADA is highly likely to be at the start of it's next big run! GOOD LUCK AND HAPPY HODLING!
CAKE/USDT - descending broadening wedge projection
At $58k BTC kicked off its descent and has now proven path in a descending channel with a few prominent support lines on the way down. The width of channel is enough that it supports the idea we will push our way down to major support which for BTC is a trendline that was establish 5 months ago in October 2020 when BTC started its ascent. This is a strong...
Zooming into the 1 hour chart. If trend line 'A' isn't taken out with a nice impulse candle asap I believe this could be the start of a descending triangle pattern. This may further develope into a descending channel which I have picked out with white trend lines. I believe 40K is very much on the cards. I have called this short. I'm happy to commit until I see...
the price creates a descending channel, and now the price is testing to upper trendline. IF the price will have a breakout and flip the current 4h resistance into new support, 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 ->...
This pair has been making clear moves which could have been caught using simple trendlines, patterns and area of interest. We are now approaching the support of the descending wedge. A typical descending wedge usually ends up with the price impulsing up aggressively. We may see that with this pair. See chart below for smaller timeframe. Be sure to give a thumbs...
TARGET ARE RED LINE WHICH BREAKOUT TARGET FOR INTRDAY OR BTST.....TRADE ON UR OWN RISK REWARD
GBPNZD is lining up for a nice drop. Confluence: - Descending trendline - Smaller timeframe wedge - Fibonacci - Fibonnaci target lines up with Wedge Look for smaller timeframe patterns
Price has been within a descending wedge since May 2020. Descending wedges usually break upwards. So what can we do? We can either: 1) Wait for price to break the descending wedge and then find entry reasons for a BUY 2) Working within the parameters of the wedge and look for shorting opportunities
The descending triangle might indicate a bearish breakout. Volume is still low, not a lot of action around this coin. It reacts to the BTC price fluctuations properly, but other than that, not much yet. Lets hope the descending triangle is not correct and that it will break upwards instead of downwards.
QS has broken out of its descending wedge... I believe we are starting to enter another uptrend which could bring some really nice upside with it. I have set my price target at $70 but I would not be surprised if price went as high as $80+.
We just hit the bottom and we are ready for another push. We are currently breaking out of a descending triangle, which is very bullish. Also: On the FTMUSD chart we are breaking out of a bullish pennant pattern. If FTM closes a 4H candle / daily above the resistance line, our next target would be between 600 and 800 sats.
why not stonks just keep going up. why shouldnt btc do the same. good luck predicting the top of this market cycle lmao your long could get rekt, dont risk more than 1-2% per trade, trade well folks and use VERY SMALL POSITION SIZE because high volatility. 10% moves have become the norm. Dont be a wise guy doing 25x. Markets ranging atm. till support breaks i...
$GRT.X is inside a descending channel. IF the price will have a breakout upward and retest 4h resistance as new support, 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 structure -> Daily structure. 🟡...
After Almost two years DASH Has broke out his Weekly And Yearly Dynamic descending Line and Now we Have really nice pullback to the line with strong Engulfing Candle in weekly Time Frame ,ADX indicator also has passed the 20 period and it could be considered as good sign. we could be hopeful that, price will break the mid line of Ascending Weekly Channel in few...
here we have a nice descending and condensing structure. a quick look at the MACD shows us that this sell off looks to be tiring. We have already seen a break of the larger structure, now we need to see that the smaller patterns bottom holds, and find a break of the upper structure to look for long opportunities. Smaller targets are potential for now and can...