Gold price (XAU/USD) saw buying interest around $1,947.50 in the London session, climbing above the crucial resistance of $1,950.00. Investors anticipate only one more interest rate hike from the Fed this year. S&P500 futures extended their downside journey as investors became cautious ahead of the extended weekend in the US due to Juneteenth. HSBC economists...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. In my previous BTC update, I told you to buy around $24.8k level. Hope you bought some and made nice profit so far. According to the chart, BTC breaks out from the falling wedge like structure in 4hr time frame. Currently, holding the...
Hey traders! Today, I want to share an exciting chart pattern I've identified on CRYPTOCAP:BTC (Bitcoin). Let's dive into the falling wedge pattern while considering the significance of holding the parabolic trend. 📊💡 Pattern: Falling Wedge 📉🔽 Symbol: CRYPTOCAP:BTC 💰 Overview: A falling wedge is a bullish chart pattern characterized by converging trendlines,...
Hey traders! Today, I want to bring your attention to an intriguing chart pattern on $POLS (Polkastarter). Let's dive into the falling wedge pattern and explore the potential for a bullish reversal. 📊💡 Pattern: Falling Wedge 📉🔽 Symbol: $POLS 💰 Overview: A falling wedge is a bullish chart pattern characterized by converging trendlines, with the upper trendline...
Hey traders! Check out the falling wedge pattern I identified on CRYPTOCAP:HBAR (Hedera Hashgraph). Is a bullish reversal in the cards? Let's analyze and explore potential profit-taking levels! 📊💡 Pattern: Falling Wedge 📉🔽 Symbol: CRYPTOCAP:HBAR 💰 Overview: A falling wedge pattern on CRYPTOCAP:HBAR suggests a potential trend reversal from bearish to...
There are multiple reasons to go long in it! 1. Price consolidation inside a bullish falling wedge pattern! 2. Price is at the support of 100ema and 200ema! 3. The last time price consolidated near 200ema was in 2020, results of which are on the screen! And many more reasons which I would like you'll to find! Therefore, I am long in it!
In the past few days, Bitcoin has been pumping, which I was expecting. I share all trades that I make transparently. But this pump is something that we need to be aware of! Clearly, this falling wedge pattern is coming to an end, because it has been a pretty long time. The price of Bitcoin is stuck in this "range". My ideas on it are the following: We are going...
Hello Traders👋🏻 On The Daily Time Frame The AUDUSD Price Reached a Major Key Level (0.67525 - 0.68182)✔️ And Broke This Resistance Level ! Currently, The Price formed a Bullish Falling Wedge ✔️ The Resistance Line of the wedge is Broken 🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----- TARGET: 0.69545🎯 ___________ if you agreed with this IDEA,...
A falling wedge bullish pattern with a suggested reversal at the solid green line This reversal may be temporary within the larger channel but it should happen. Lets see how it plays out.
Greetings, Traders! Today, I want to share an exciting technical analysis finding on the trading pair of ACA (the native token of Acala Network) and USDT (Tether). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's delve into the details! 📈 Trading Pair: ACA/USDT 📅 Timeframe: Daily Chart 📊...
A simple falling wedge structure on BTTC Falling wedges like to break out bullishly once completed.
Greetings, Traders! Today, I'm excited to share a compelling technical analysis finding on the stock of Rivian Automotive ( NASDAQ:RIVN ). A falling wedge pattern has been identified, suggesting the potential for a bullish reversal in the near future. Let's delve into the details! 📈 Ticker: NASDAQ:RIVN 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉...
Hello, Traders! Today, I want to share an exciting technical analysis finding on the cryptocurrency Stellar Lumens ( LSE:XLM ). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's dive into the details! 📈 Ticker: LSE:XLM 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the...
Have you bought your Special K?. A beautiful falling wedge, support at resistance well tested, and ready to bounce, 17% to the upside. Another quality stock consolidating
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
As we can see, the uptrend is broken! The pitchfork on the daily chart was the last hope for the bulls, and it has been destroyed by the bears. What's more, the price of Bitcoin from 31k to the current price has a 5-wave structure (impulsive) instead of a 3-wave structure (corrective). The chance of going to 15k has increased dramatically at this point, and I...
The SPX looks like it is ready to give us a moderate pullback so I will be playing this via multi-week call options on this 3x-Short SPX Bear ETF
1D - Retested the previous long-term downward trend line (red circle) and is rising again, and a falling wedge pattern is also underway. Currently, the downward trend line (blue circle) that began on Jan. 30, 2023 has broken through, with only 19725 support likely to rise to 21047-21752/22400-2260. 1W ---------------------------- I think...