OANDA:XAUUSD shocked a lot of people in the last week, but we were ready for it and I have been setting medium term targets like 1875, 1850 and even 1800 for quite some time. On Friday the market closes below 1850 and within the candlestick analysis there are preconditions for further fall. In the coming week there will be important news that will help to...
Dotusdt forming a Wedge in daily timeframe which is bullish sign , if the pattern give breakout easily we can expect dot price upto 10% rise. . . . . DYOR!!!!
Hey traders! 📣 I've identified an exciting opportunity on the $FLOW/USDT chart. 🧐 📉 Price Action: FLOW is currently forming a falling wedge pattern, which can be a bullish sign! 📈 📊 Technical Analysis: Falling Wedge Pattern ✅ Decreasing Volume ✅ Potential Breakout Brewing ✅ 📅 Timeframe: Keep a close watch on this setup as it unfolds, and patience may pay...
Bitcoin is bullish and is ready to reach 29167 in the next few days or at the start of October. Of course, 30k will follow, but 29k is a strong resistance, and we should see a pullback from it! Watch this yellow trendline, which is a gateway to the ultra-huge bull market. Once it breaks, I expect a massive uptrend, but be aware of a possible retest first. Your...
📉 Price Action: APT is currently forming a falling wedge pattern, which is often a bullish reversal sign! 📈 📊 Technical Analysis: Falling Wedge Pattern ✅ Decreasing Volume ✅ Potential Breakout Ahead ✅ 📅 Timeframe: Keep an eye on this setup over the next few days for potential confirmation. 🔍 Entry Point: Look for a breakout above the upper wedge trendline. 🚀 🛑...
Chart 4H TF I figure out support around 0.005 with Fibo Retracement and Trendline. Besides, I realized a Falling Wedge Pattern with Resistance around 0.00535 I price breakout and close above the higher trend line, I expect price can go up at least 0.00583 Wait for next move
Good sign on NASDAQ:AMD with that falling wedge on the 15 min. When a stock's been hammered for no reason at all except market volatility, we usually try to look for bullish reversals or bullish signs to enter on a swing. Closing in a falling wedge is good. Doesn't ALWAYS pay off, but if you are swinging it likely means 4-12 weeks anyway, so it's...
BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a...
Looks like price hit bottom at 35 and is about to break out the massive wedge. Today opened very strong and is pushing the upper vertex. I expect a break anytime soon.
To ensure economic stability, the Federal Reserve has opted to temporarily halt further interest rate hikes, exemplifying their dedication to mitigating potential adverse repercussions. The aftermath of the Federal Reserve's announcement sent ripples of volatility through the gold market. Before this revelation, gold had been on an upward trajectory, firmly...
AVAXUSDT is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge. Currently the price has given the breakout from falling wedge and now forming a local support around 8.9 region. Will the bulls take charge again continue for leg higher?
BINANCE:KNCUSDT stops its decline in late 2022 at 0.495-0.500, thus forming a bottom. The market holds this area quite confidently. And at some point, on the background of weak BINANCE:BTCUSD , KNC forms a resistance breakout, which could be the first bell On the chart we can compare the behavior of the last few days of BTC and KNC. The second one feels...
EURNZD is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge. Currently the price is forming a local support around 1.7725 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside. Will the bulls take...
Understanding the Falling Wedge Pattern: The falling wedge pattern is a bullish reversal pattern that occurs after a downtrend. It's characterized by converging trendlines, with the upper trendline (resistance) sloping downward at a steeper angle than the lower trendline (support). This pattern often suggests that selling pressure is weakening, potentially paving...
Welcome back to another exciting episode of our weekly XAUUSD technical analysis! 📈 In the ever-evolving world of forex trading, gold seems to be holding its ground around the crucial $1,900 mark. 🔒 The recent surge in the U.S. Consumer Price Index (CPI) has sparked inflation concerns, making investors wonder about the Fed's next move. 📊 This week, we'll explore...
GBPUSD Analyze If a price can stable above 1.2281 the direction will be uptrend again to reach 1.2336 , 1.2372, 1.2403 For any reason if the price backs off and stable under 1.2281 , the price will try to reach 1.2247 If can break it then will reach 1.2202and 1.2164 Support line:1.2247 ,1.2202,1.2164 resistance line: 1.2336 ,1.2372,1.2403
BINANCE:AAVEUSDT is forming a breakout of the descending triangle resistance. Buyers are confidently holding the bottom, keeping the price below 55.00, but at the same time testing a trend change attempt AAVE follows BINANCE:BTCUSD . A momentum and a small pullback is forming. This is partly a bad thing. Until bitcoin gets momentum and a breakout of local...
We have some PPO Confirmation at the PCZ of a Bullish Butterfly near a Support Level, along with some Pending MACD Bullish Divergence inside of a Falling Wedge Pattern. I think we are setting up to eventually Breakout of the wedge and get a 10-20% move out of it.