Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 Please, feel free to share your point of view,...
Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 Please, feel free to share your point of view,...
The morning star formed a bullish engulfing candle set as expected. We have to confirm today's daily chart candle, of course. We exit the descending wege that`s left us with a higher degree of certainty for Luna's rebound at least to a 1 target at $97.00 Bitcoin appears to have hit bottom also. We could have a decisive bull week to resume BullRun. It is to be...
looking at weekly chart, I believe that the "cup and handle" pattern is forming. As one can see, it is still in descending channel where is the handle of the pattern. In my opinion, there is nothing to confirm trend reversal. the middle of the ascending channel is my important support in this movement
Very quick and dirty ADA 1hr chart update: On the 1hr chart, ADA is in a potential Falling Wedge Pattern. A Falling Wedge Pattern in an uptrend is a potential Bullish Continuation Pattern. Obviously this is all dependant on what BTC does tonight. ADA has found some resistance at its Bollinger Bands Middle Band Basis 20 Period SMA on this 1hr timeframe. Note that...
SLP is now in a descending wedge, if this wedge plays out it can yield huge profits.
$AMC #AMC It was never forming to be a bull flag...or if it was, it broke structure to the downside. What has appeared is a descending wedge, which is often a bullish formation. It is currently slated to come to an end around the announced earnings date, August 9th. Anything is possible with this stock, but I'm hoping this will be the long awaited breakout (to...
descending wedge has formed RSI trend line being resisted just needs more volume and we have a breakout
If BEAMBTC breaks this wedge, it can reach up to 870 in mid-term
Bullish trend confirmation indications: 1. Descending Wedge Pattern Broken. 2. Impulsive price action at the break of the wedge. 3. Price Broke the Squeezed Wedge with High Volume. 4. Price has retraced to the broken resistance zone, which is now Support. 5. Price Action shows Bulls are in control. 5. Good Buying Opportunity and very good reward...
WARNING ---> HIGH PROBABILITY SET-UP ! ! ! HOW TO TRADE IT? The opportunity here is to SHORT the top with a small Stop Loss & a big Take Profit --> 1:5 Risk To Reward Ratio. So wait until the market reaches the resistance at 0.6230 again and put a short order OR put a pending order (SELL LIMIT) at the price you want which it is better to be around 0.6325 -...
At the high of 12454.21 BTCUSD has down trended with a lower high at 11340.95. Thus said, price has not formed any lower lows since 11130.0 making this stong support as price came down to this level 3 times, which created a descending wedge formation! The top yellow line indicates the resistance level, and the bottom yellow line marks strong support previously...