Looks like the beginning of a falling wedge here for bitcoin, could see us rejecting around $8200 and ranging before a breakout
After a long continuously bullish market now chart show that trans change.
No description needed just me posting for my own record and commentary to watch and see how it plays out. Orchid (OXT)
Pls share your thoughts so I can confirm my theory. :) we can wait a few candlesticks to see if price breaks and closes above resistance.
Hi Traders! Today we are betting on altcoin against Bitcoin again. In recent weeks, this is the most interesting segment of the entire market. In particular, we will look at the XLM / BTC. Why this coin? In the upcoming days, there could be an upward break . The graph nicely shows 5 upwards waves and then ABC correction. Moreover, the last structure...
The general consensus seems to be very bearish with figures like $5k or $3k been chucked around so could this be a case where the majority are wrong and we might begoing to see 8-9K next could we have really be forming a falling wedge which we exit on the up side?
BTC price is now falling back into the triangle pattern I created a few days ago, (you can take a look at it in my profile) and I think around $7000 will be our support level. What do you think?
A look at a potential weekly falling wedge we are back inside. If valid we could potentially see price continue to grind slowly downwards until the middle of next year...Hopefully we break upwards from here but if not it will likely just be yet another chance to pickup crypto at a nice discount. **Not Financial Advice**
Binance 1d chart. It looks like we have a falling wedge.
Elliottwaves "H1" + wave "5" + ( midterm + short-term) Falling + Falling " Zone"
hey fans nas100usd is going to fall soon
Looks like we may even break up from the wedge earlier than i was anticipating as we are witness a crazy amount of bullish volume in the last couple 1 day candles and btc has fought it's way valiantly back above the deathcross and is currently retesting the top trendline of the falling wedge multiple times as solidified support! if btc can maintain the top...
Falling wedge on 15m chart, Hitting longer term support, Hitting support zone around S1, Low volume and low price meaning price will get more narrow, Lil shooting star on the 15m frame. Possible Long Position, ENTRY:1.31024 TP:1.31232 SL:1.30861
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This falling wedge traditionally marks the end of a downtrend, the set-up is perfect for XRP. Ideally touch the lower support level once more either at 19c or 16c, then we should see a significant bullish more.