We could seeing falling wedge pattern on time frame daily, its possible bitcoin will have reliefer rally or dead cat bounce before make another movement. But if you look at bigger picture in time frame weekly, wee see the giant falling wedge pattern. So how it will going by my analysis: Btc will bounce around 23.000$ in several weeks before it collide with MA20...
We could seeing falling wedge pattern on time frame daily, its possible bitcoin will have reliefer rally or dead cat bounce before make another movement. But if you look at bigger picture in time frame weekly, wee see the giant falling wedge pattern. So how it will going by my analysis: Btc will bounce around 23.000$ in several weeks before it collide with MA20...
this is actually an update on previous idea.looks like the wedge broke out successfully and we'll probably see 1700 soon. second target which is 1800 depends heavily on today's NFP report. so,set your buy orders and enjoy!
Based on technical factors there is a Long position in : 📊 AVAXUSDT Avalanche 🔵 Long Now or by Breakout 🧯 Stop loss 16.91 🏹 Target 1 23.50 🏹 Target 2 27.20 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
As per my Elliott Wave analysis, an ABC correction (ZigZag) has been finally completed, and we have to start a new impulse wave! Now or never. We have a falling wedge pattern that is very close to a breakout. Indeed, this is definitely not a nice wedge, but the shape is similar. The previous first impulse wave has a third wave overlap structure, which is...
Dear My Dragon Friends i see GBPAUD will go to 1.6900-50, and we decide make buy: BUY at 1.6900-50 SL at 1.6850 TP1 at 1.7130 TP2 at 1.7200-30 Lets See Happy Trading Happy Hunting Profit Watch Ur MM and RM Disclaimer ON
As we can see from the chart $op is in a falling wedge, indication of a reversal pattern, bullish. I see a breakout from or before 13th Sept 2022, give or take a few days in either direction, with a target of 1.316
BTCST is a token collateralized by real Bitcoin mining power; by staking BTCST, holders can receive daily Bitcoin contributions that correspond to the staked mining power. As such, BTCST allows users to mine Bitcoin from inside the decentralized finance (DeFi) ecosystem. The downtrend on the weekly chart has been completed, and we have already started a new...
If a breakout to the upside is produced with a daily close over the wedge i will enter a long position, otherwise this setup is cancelled. Taking in to account how CHZ has behaved in the last weeks the most likely for the wedge is to be followed by a push to the upside.
on the previous idea ,we had a successful short on ETH. but now ,ETH is trying to breakout from this descending wedge with 2 targets around 1700 and 1800. this is most probable since we have a merge coming on ETH and a double bottom on BTC. just wait for confirmation ,and find a good entry! good luck all!
So basically we have a dance between eurusd and dxy - and emaflow is really good at projecting these ranges . EUR needs to stay above the green oversold area - but something tells me it will... we're basically really really not like 2000ish, and we're basically in a wedge? All this points towards a potential eurusd soon bottoming - this historically also was...
Snxusdt Falling Wedge long breakout All conditions for long confirmed Take profit is dynamic/trailing stop loss Exit point will be added in the comment box P.S.THIS IS NOT A FINANCIAL ADVICE
4h chart Got falling wedge formed (bullish figure, more chance for move up from it) Multiple bull divergence RSI, SRSI, MACD histogram (if the price does not continue down hard pulling oscillators with it. Possible double bottom formed... Interesting point is that end of this wedge is more or less at the technical target of the big blue rising wedge... To resume,...
Elliott Wave Projection - Price action and chart pattern trading > Bullish Wedge Elliott Wave downtrend channel breakout > Key resistance SMA200 > TP1 @ 0.382 retracement of previous wave 5 - volume profile point of control zone equal to distance of wave E to the falling wedge breakout point > TP2 @ 0.5 retracement - upper resistance of key volume profile zone =...
Same idea but on daily timeframe. BTC has been in a large falling wedge for the past 12 months, and over the past 4 weeks, it has created a smaller falling wedge within a wedge. It could get rejected here for some pain, or could it breakthrough and test the top of the larger wedge?
Bitcoin is still a very weak asset, compared to altcoins or the stock market index. As per my technical analysis, bitcoin's dominance should go down to the previous swing low established in 2018. You can bet there will be a bounce, but the question is, how big is the bounce going to be? As you can see on the chart, the ABCDE pattern has been completed, which...
#OP/USDT $OP broke out from upper line of falling wedge pattern. 🐮 holding above the broken line can increase price to resistance zone around $1.3 and if success to break out from this resistance it will continue its upward move toward resistance zone around $1.8.
Opusdt is in a Falling Wedge and in a range Opusdt broke the support now we can see resistance from the previous support and support from the previous resistance and all these in a range inside of the Falling Wedge Pattern After breakout we can see significant movement in opusdt If we breakout upside than we have Falling Wedge Pattern confirmation but If we...