Banks Has good weightage in TASI and thus following the similar behavior as TASI Beautifully following Falling Wedge Pattern. Bearish Until End of Nov Short Bullish retracement within Falling wedge is expected by End of November Until top of falling wedge. Watch individiual stocks Trade with Stop Loss
TASI is beautifully following Falling Wedge Pattern. Bearish Until End of Nov Short Bullish retracement within Falling wedge is expected by End of November Until top of falling wedge (in further 4 weeks). Trade individual stocks with proper stop loss Expected Bearish until Watchout level at strong support
Bitcoin 2W falling wedge Pattern Breakout soon 30K
ALGO breakout falling wedge in 4h timeframe. tp1:0.18 tp2:0.1933 sl:1645
Fundamentals first. Binance Exchange is losing customers; that is a fact that everyone knows. The huge scandal occurred just before Christmas, but it looks like people have already forgotten what happened. What is causing Binance Exchange to lose customers? First of all, Binance Exchange itself is banning users all around the world for no reason. My friend got...
Let’s have a look at the BTC/USD 1 week chart and see what this chart and indicators are telling us. BTC is still in a massive Falling Wedge Pattern. BTC is also still in a massive Ichimoku Y-Wave pattern. Note that the 50MA is still traveling DOWNWARDS towards the 200MA so we still might see a Death Cross on this 1 week timeframe. At the moment of typing...
Bitcoin could be about to breakout. If it does breakout from this small wedge then I am placing a long, not yet but if you do decide then here are the TPs and SL.. TP1: 16736.45 TP2: 16841.92 TP3: 17085.25 SL: 16472.33
Is the sell momentum in the crypto space slowing down? There is a falling pattern developing on the weekly time frame and a bullish divergence, indicating a potential reversal in the market is on the way. The retest of previous broken levels seems to be almost over. Will Bitcoin make an astonishing come back and go on a strong bull run some time in 2023? My bias says YES!
I am telling you that the bottom on Bitcoin will be between 9600 - 10300 USD and I expect Bitcoin to reach this reversal zone in summer 2023! You can place your buy orders here because the reaction on this level will be extremely high, so you can also buy/long BTC for a 50% profit. The worst-case scenario for Bitcoin is to hit the bottom of the huge channel on...
COIN recently made a new 52 week low! A descending triangle pattern was identified on the daily chart. Price broke below the lower trendline of the pattern. Also, a falling wedge pattern was identified on the one hour chart. COIN traded in a tight range Friday and closed in the supply zone . MrALtrades00
AKROUSD is Bullishly Diverging on the MACD and RSI as tje PCZ of a Bullish Butterfly while also trading within a Falling Wedge and Backtesting a Potential Spring.
As you can see in the chart that there's 2 pattern has been formed Double bottom and falling wedge It's a spot trade
BTCUSDT - Falling Wedges A falling wedge occurs between two downwardly sloping levels. In this case the line of resistance is steeper than the support. A falling wedge is usually indicative that an asset’s price will rise and break through the level of resistance. Interesting the 1st wedge target price was hit recently. We're currently in a breakout of another...
Due to inflation and rate hikes we might see new lows in near future. As you can see breaking below 3900 is confirmation of trend will continue to go down. If S&P able to retest 3900 area we can enter short position. Our target will be 3500, 3400, 3200, 3000. And remember we are in huge Falling Wedge pattern.
Hi dear community and my loyal followers. In short I would like to update crypto market from macro perspective. I'm looking at monthly timeframe and would like to bring your attention to some bullish facts. As you see Total market Cap tested previous ATH in June 2022, the point which I called and till now I haven't changed my mind. Even the recent dump couldn't...
Looking at this Falling wedge on the daily, a breakout of this wedge could be substantial and shoot this stock back into the 40s with ease. SI is on the rise as is IV, Also SMC showing GME has just entered the Discount zone and grabbed a pretty big block of liquidity. Prem zone on the Daily is sitting in the $43 dollar range.
If we take a look at the last weekly candle on the weekly chart, we can clearly see a gravestone doji / shooting star. Also, we can see a failing wedge pattern. That's great! Merry Christmas, Bitcoin!
On BTCUSDT on the daily chart there is a huge falling wedge. Bitcoin also rejected a weekly key level of 18.3k USD. It's good to keep this in mind for the next days and weeks, I feel like a small rally in this bear market could happen.