In my first analysis on BINANCE COIN, I had highlighted the upside impact of the huge "hype" he received from 03-20-2018, on the announcement of BINANCE CHAIN + BINANCE DEX. And I made a connection with a similar new "hype" on the same ad renewed in late January 2019 by Changpeng Zhao (nicknamed CZ), the CEO of BINANCE.
Announcement made by chance by CZ breakout...
Potential Cup and (Falling Wedge) Handle forming for Theta Token.
Breakout could mean a target at $.13518 (met by resistance),
then if broken through there, a second target of $.14355
Invalidated below $.12000 (~50% of the height of the cup)
Expecting a slight increase in trade volume and price around 4 P.M. EDT
due to SLIVER.tv (parent of Theta Network)...
Hi ladies and gents. Here's a look at XRP for today.
Looks like we've got a falling wedge pattern forming on XRP. This is a continuation pattern.
You'll notice this falling wedge pattern follows a steep rise in price on Dec 18 which gives us our pole.
You can see the upper trend line (red/resistance) and lower trend line (green/support) are converging to form...
Although having been bearish on TLRY most of the time, i today, stumpled upon this chart again and saw the falling wedge without even drawing anything.
Eventually we'll get a move down that closes within the lower blue line or something but generally this is very positive for the shorter term.
looking at 95-105$ range.
ps: yes, im charting this like a shitcoin
I showed you recently how to trade the breakout bullets of Falling Wedges on XLM,
which has chained several in 2018 and 2019: see related idea below.
To better identify these Falling Wedge produced over a long time, we must go to logarithmic scale.
So, on my present tracing, you can see that of XRP in 2018 (including a smaller internal Falling Wedge in white...
One fork of Bitcoin Cash (yes, the fork of the bitcoin fork...), named - pompously? - Bitcoin Satoshi Vision, is more than ever in a bad position.
After having benefited from a breakout bullish out of his Falling Wedge as I show on my chart, the party seems to be over!
BSV has just been delisted by one of the heavyweights of exchange platforms, namely...
Potential Falling Wedge bullish reversal forming.
Downtrend nearing ATL, expecting to contract in this range for a few more weeks before a breakout.
Breakout could mean targets at 1690 sats and 3375 sats.
Looking for horizontal R/S flip at said targets, if BTC holds.
Invalidated if 1D close below 990 sats.
XAU/USD has completed the cup and handle setup with a falling wedge on the daily time frame. I am considering an overall bullish trend in the long term. a break out is also expected from the falling wedge as it has reached at least 75% of the pattern.
TSLA has been trading in a falling wedge since the middle of december 2018.
It perfectly touched the upper and lower trendline a few times and now broke out above the upper trendline.
Entry for this is anywhere around 292$-295$
Target = 372$
Stop loss = 235$
Risk/Reward ~ 1.4 - 1.5
AUDCHF has broken its fallen wedge and retested the wedge support now turned resistance.
1. Look for Buy Signal like Pinbar
2. Buy when there is Bullish Momentum
May the market be with you
chf/cad has touched 4hr/1hr zone followed by falling wedge. Price respected the weekly zone so I was actually waiting for retest of that area however, price has touched the 4hr/1hr zone before and that zone is very strong in terms of direction.
FX:GBPJPY Special mini edition analysis
Potential Cutted Crab pattern 1.618
Support and Resistance Levels
Fibonacci Retracement Levels
This is a 1 Hour version from GBPJPY: SAE IV - Sharks ABC Fever
The Money Journey - Hope for...