Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. My last scenario got invalidated because BTC 4hr candle close above the $19.5k level. Currently, it is trading above the $20.3k level. According to the chart, BTC is breaking out from the falling wedge-like structure and currently facing some...
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.
Two week falling wedge. Volume drying up in the wedge. Pulled back 61.8% on 2022's advance. Small cap energy company with serious earnings and revenue growth. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Charge Up After the Break Point on ChargePoint Holdings Inc.! I strongly believe ChargePoint Holdings Inc. is "charging up" after the break of the upper trendline! If we hold above the break through the bottom of the week, I will enter a swing trade on CHPT. The following patterns were identified prior to the break of the upper trendline-"Double Bottom" inside...
falling wedge enter at bottom or after breakout..The Leading E-commerce Platform in Africa
AUbank boke out of descending channel/falling wedge on daily charts as well as breaking out of multiple resistance level of 601 with decent volumes. Could be bought with stoploss of 580 & target of 680+ in 5-6 trading sessions.
Target to top of wedge swing trade for 3-6 months TP's along the way ~$2.60 area
Deeper Network DPR Crypto breaking bullish from a falling wedge , will see if it hits the price point at .029cents. I am assuming it will do the drop afterwards when BTC Bitcoin does its next major drop. Bearish News: Eric CMO is apparently only doing his job for Deeper now on a part time basis because of his new job somewhere else, the employee turn over rate...
Price is printing a falling wedge which can be a reversal or continuation pattern in this case may be a reversal pattern also looking at the RSI a divergence can be seen which also indicates price can reverse. I will not buy yet but will not sell this pair either in this case.
PLUG bounced from the key level 18.47 5x's! The most recent bounce occurred on July 8, 2022. Previous bounces from the key level occurred on the following dates- February 24, 2022, January 31, 2022, May 11, 2021, November 9, 2020. Identified patterns include- "Double Bottom" pattern inside of a "Falling Wedge" IMO PLUG looks good for a swing to the upside....
Zen Falling Wedge Setup Weekly RSI = Oversold A move to the 78.6% region
A smaller falling wedge that was successful A larger falling wedge that is yet to break out ENS is currently in degen but this falling wedge could reverse this pattern
After a strong bull run for more than 12 months (May 2020 - July 2021), NASDAQ:PYPL has been trending lower. It has respected trendline resistance very well and continued making lower highs and lower lows. Bearish momentum seems to have slowed down and price doesn't seem to go any lower. It has reached the long term support level of 73. It is also forming...
Hello !! Welcome to the short-term update on BTC. After taking a pump from the 17600 mark, it reached around 21700 thereby pumping the altcoins. As of now, from the chart it seems, it has again broken the trend downwards and may dump again. Be aware of your positions and keep strict STOPLOSS on all your trades. Let's wait for the right moment and a clear...
The price had a breakout from the falling wedge and now the market is testing the monthly resistance at 0.12$. The price is testing the 0.5 Fibonacci level as retracement. How to approach it? IF the price is going to have a breakout from the monthly resistance and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice...
TQQQ Wants to "Get up!" the Charts Like James Brown's "Get Up" Patterns Identified- Double Bottom and Falling Wedge. Both patterns show on the weekly, daily and four hour timeframes! Day Low- 31.76 (This is where the double bottom rests) 9MA recently crossed above the 21 MA on the daily timeframe. Therefore, I am bullish on TQQQ and prepared to dance to...
Play Catch with Capital One NYSE:COF 's Falling Wedge! You don't have to be athletic to play catch with Capital One's falling wedge pattern! Pattern Identified- Falling Wedge pattern on the weekly and daily chart. Play ball! Sweet Peace, MrALtrades00, Technical Analyst & Options Practitioner
Look at the chart where Radix/#XRD is probably(!) ready to break the falling wedge. It can also going back downwards before it goes higher. So do your own research!