VETBTC situated into a huge falling wedge which means probably at 102 sats VET will reach bottom and after will break this channel(Every falling at the final will result into a breakout)
SELL VOLUME decreasing
This coin can going upward soon. First target is 140 sats and second 167
XEMBTC situated into falling wedge and probably can touch top of this channel which is 2293 sats and after will make a breakdown(correction) after 42-57.52% gains
We have a bear cross at stochastic
MACD need a down correction but to remain bullish they need to stay above neutral zone -0-
RSI bullish, near overbought zone
Or from here 2051 sats or between ...
BTC USD in 12h timeframe is situated into a falling wedge which means at the final will be a breakout,Usualy the price test this support of wedge three times and after will be a breakout
Stochastic RSI at 12h timeframe is overbought(they can go up from here a little but after will made a bear cross and price will come down in my opinion)
RSI below neutral ...
Everything is falling in line for ~3k test.
both RSI and Stoch RSI show bearish divergence. SAR, waves, trendlines, channel, wedge, almost everything confirm the further fall. this downfall is not over yet. but we may see a little correction on the way down.
BUT this is TA, you can never be sure. we can just filter out the possibilities.
i think the best move ...
Below are some keypoints to support a positive breakout from the falling wedge.
Also check details on "Falling wedge reversal pattern".
Falling wedge signs
- A cone that slopes down
- MACD positive crossover
- MACD positive divergence
- CMF positive crossover 0.0
- Volume increase
- TD counter is at 9 for the weekly
Maybe we go back down one more time. But Its a ...
BTC is clearly oversold on daily and weekly timeframes.
The price already touched 200 MA and soon it's going to bounce hard.
On hourly time frame we can see bullish divergence, falling wedge and declining volume.
And in my opinion it's a great time to buy btc and other crypto as well.
Pessimism and panic is created artificially, we can see blockchain adoption, ...
Hi everyone, Waves looks now that downtrend not end yet here, we are in falling wedge and maybe go for double bottom around 24000sat-25000sat, this is buy range for me. if we come here. Stochastic looks not good here. Is possible that we break falling wedge sooner, so after that this trade is not active for me. I am waiting for 25000sat. Then I am opening long on ...
As seen ethereum can test the third bottom (about 72$ which is 3000$ BTCUSD * 0,0237 the minimum from December 2017) then rebound to 92$ (which is a resistance on the falling wedge which is a potentially bullish formation). We will see.
If the top line is broken while at this daily support (white line) and juts out of the weekly support (purple zone), it's a possible long trade toward the daily resistance (white zone). Just an idea, I'm rather new to this still and would love some incite!