#Doge is in falling wedge and it will keep dumping. Also Big Red trendline is broken and retested successfully which is strong indicator of Doge being Bearish. Weekly timeframe explains it clearly.
👩🏽💻 Technical: The higher time frame bias indicates a clear downtrend. Currently, the 4-hour chart is forming a descending triangle pattern. However, the pattern's lower trend line hasn't been broken yet, a key point as a break may signal a continuation of the downtrend.
🎯 For an ideal entry: To confirm further bearish pressure, watch for the price to break...
Gold breaks through support and makes a momentum move and updates the global low to 1889. It is likely that the market may continue to fall
TA on the high timeframe:
1) The nearest point from which we can expect to buy is 1902.87, a false breakout can be formed but it will take a lot of time
TA on the low timeframe:
1) Price breaks the support of the wedge,...
Litecoin appears to be forming a falling wedge against bitcoin.
Rsi trend has bottomed along with the price action within this wedge.
RSI is showing bullish divergence over the last several weeks.
Volume has been flat or declining in this wedge, often a reversal signal.
This could be as much as a 30% move up to the next resistance area.
This is the product...
Hello traders ,what do you think about GOLD? Gold is still in a downward trend. Now approaching the support zone of 1894-1900, it is expected to make an upward correction till 1936 and then fall to the specified level after reaching the specified resistance zone.
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FX:CADCHF under trend pressure is forming a setup to continue the trend and update the global lows.
The currency pair is in the bearish phase. The price continues to decline and test the strong limit support line at 0.64990.
A descending triangle pattern is forming on the chart, which can be interpreted as pressure from dynamic sellers on limit buyers at...
This analysis is taking a Falling Wedge set up on SPY Futures mainly from the Daily timeframe. The recent trend in price in bearish and approaching an area of value for a trade. Awaiting confirmation of a reversal, ideally we would enter this trade. I am also publishing this idea to demonstrate for myself and others how price can interact with the Fair Value Gap...
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Syta reverse split 1-100, from 4 cents to 4 dolla last week and has been in accumulation phase since the split. The chart shows us a falling wedge pattern and a break...
Gold against the background of a bearish trend is forming a setup that could reverse the price direction. The bearish trend, with a small degree of probability can stop
TA on the high timeframe:
1) Price forms a retest of 1902.87 after a month and a half. The price will not break the level from the first time, most likely a rebound may be formed
2) A sideways...
Daily Chart
XVG BINANCE:XVGUSDT is reaching to the support zones around 375
- 0.5 Fib Re
- Lower line of Falling Wedge
So wait a breakout to confirm for this pattern
Wait and see next move
Gold is testing trend resistance again, Price is forming a strong consolidation and there is a noticeable lull in the market, most likely before the storm
TA on the high Timeframe:
1) Local support is forming at 1912, and consolidation near the level
2) There is still a potential for a decline to 1902.
TA on the low timeframe:
1) Price is forming a bounce from...
Quick mini update on HBAR / BTC pair:
Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next.
This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA
Weekly Chart
BINANCE:RUNEUSDT has downed over 96% from ATH and RUNE's in the Falling Wedge. That means it can be reversed soon
Daily Chart
BINANCE:RUNEUSDT is trading at 0.92x and going down to the support (Fair Value Gap) around 0.87
We can BUY if RUNE reject that level
Wait for next move
As you can see, ADA was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow.
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
BINANCE:APEUSDT is trying to develop a bullish scenario. The prolonged bearish trend may end, but buyers will have to take and hold a few positions to do so
While bitcoin is testing a strong support area and is in the correction phase, APE is breaking the descending wedge resistance and forming a local wedge. In this case, we are interested in resistance at...
BINANCE:SUSHIUSDT is forming a bearish wedge and after retesting the global bottom, the price starts to strengthen, breaking the resistance of the pattern
A symmetrical triangle has been forming for the last few weeks, within which the potential is accumulating. Within the forming figure, the price is breaking the resistance of the global wedge, but is still...
