Bitcoin (BTC) The main crypto is in a similar situation to the US500 and the Nasdaq 100 which anticipated the breaking of the Falling Wedge and before the Apple indices which is the most capitalized company on Wall Street. The Hedge Fund reasoning is quite simple and logical. In the accumulation phase, or at the end of the bearish phase of the market, first buy...
🤖 #BTCLIVE - 15.08 - #IDEA 🤖 - Part 3 Hmmmmm....things are looking pretty bearish Alt Market Cap Currently in a bearish rising wedge, RSI is over stretched now and almost overbought and any further rise 75 and above will confirm a bearish divergence. Expecting a crash from here for Alts - money will flow out of alts and into primarily USDT and BETH* I feel the...
We have an amazing bullish rectangle pattern on the daily chart that is currently breaking out! If we take a look at the volume indicator, we can see that bullish volume is now the highest during this breakout. You can buy SWASH right now, because the structure is already broken and the price can basically explode anytime soon. This is definitely a great...
Falling wedge breakout w/ large volume. Retrace to "scene of the crime" w/ dec vol. Stopping candle was extra confirmation for long entry
falling wedge pattern breakout in daily timeframe. swing trading opportunity after 2084 price. SL 1916 ENTRY 2084 TP1 2362 TP2 2658 TP3 2931
GLM has been consolidating since 2019 with sideways price action, and it looks like we can experience an explosive move in the immediate short term! On the weekly chart, we have an ascending triangle and a falling wedge. Both these patterns are generally bullish. The price is now above the 200 weekly moving average. This MA is considered a strong level by huge...
L&T stock breakout the horizontal resistance with high volume . The stock has maintained the previous falling wedge chart pattern breakout continues, another opportunity after horizontal resistance breakout. SL- 1764 TP1- 1977 TP2- 2050
BAT successfully completed an ABC correction from the last impulse wave and is potentially prepared for another massive impulse wave to the upside! The chart is printing a local inverse head and shoulders, bullish reversal pattern, and we are really close to a breakout. This can be a good breakout trade above the head and shoulders + trendline (channel). The...
2023 is going to be a very bullish year for crypto in my opinion! I believe we can reach a market cap of 6-7 trillion dollars by December 2023. Most likely, you have never seen this rising wedge elsewhere, because it's a brand new pattern on the weekly scale (LOG). 200 moving average is considered a strong support by huge institutions and hedge funds, and the...
OPEN has been in a falling wedge for almost 6 months now and is approaching closer to the apex of the wedge. A falling wedge breakup may not necessarily work out well (ie it could continue to drift sideways once the wedge converge and it was "forced" out of the wedge eventually. However a clue that this wedge breakup could work is the higher volume that we see...
This will be such a massive move. Always look at everything to the price of BTC for the long term. what you guys think? A couple things, we have an official mainnet. WEB3 innovation, metaverse, NFTs and more coming with this token, I think people will start using the crap out of it.
Patterns Identified- "Triple Bottom" inside "Falling Wedge" pattern Bottom to neckline measurement is approx. 17.89! The measurement for the wedge from its lowest low and highest high is approx. 198.46. My entry will be just above the break of the neckline at 172. I will use a stop loss which I won't disclose on this forum. Profit taking areas will also be...
BTC breakout from bullishflag on 1h time frame and made falling wedge on 15m chart, looking for another leg up, but also we need to remember that today is weekend soo volatility can be pretty high, tight stop loses will be good.
Bitcoin is forming a falling wedge pattern and is on the verge of a breakout. A falling wedge is a bullish pattern that usually breaks upward. BTC is holding the support of $22,500-$23,000 area. We will see an upward move towards $25,000 after the breakout.
USDCAD has broken the ending diagonal and seems to be head to resistance marked in purple above! This signal ran for 150 Pips thanks to NFP! it ranged for a while but the ending diagonal was a key confirmation of a reversal!
OG looks very promising on the daily/weekly chart! As you can see, the main trendline (falling wedge) has been destroyed by the bulls, and currently the price is forming an inverse head and shoulders pattern. We can also spot a descending triangle from 2020–2022. The price went below the triangle, but immediately pumped back up, which is a pretty solid sign of...
BICO on the daily chart looks like it wants to pump any time soon! We have a descending broadening wedge and a local symmetrical triangle, so we have a pretty good confluence to buy a breakout. What's more, as per my Elliott Wave analysis, the massive impulse wave has been completed, and that's why I expect a retracement. I recommend buying a breakout above...
#ADA/USDT $ADA broke out descending trend line, and now in pullback touched the broken line that is the same with support zone and ascending support. 🐮 holding the current support zone can increase the price to break out of the wedge and reach the resistance zone. 🐻 break down from the support zone will drop the price to the lower line of the wedge.