Chart shows the possibility of Right Angled Ascending Broadening Wedge Chart Pattern and it's target. A right-angled ascending broadening wedge is a downward reversal pattern. The pattern is formed by two diverging lines, the support is a horizontal line and the resistance is an oblique bullish one, so it is an inverted descending triangle. ... Each line must be...
Chart shows the possibility of the Right Angled Ascending Broadening Wedge Pattern and its' target.
Chart show the possibility of the Right Angled Descending Broadening Wedge Pattern and it's target.
Chart shows the possibility of the Right Angled Descending Broadening Wedge Chart Pattern and it's target.
If you're gonna get in on it might as well try to go for a3 to 1 risk to reward stops below $284 this trade is pretty high risk as we're buying at a high but it could be worth it if you're safe.
We've broken down after a partial rise fakeout i'm going to be buying put options for this ticker as i'm really not that bullish on commodities anymore at the moment.
ETH is showing Bearish Divergence and a partial rise in a Right Angled and Ascending Broadening Formation and we just got confirmation to enter short near the support level in the form of a 4HR Dark Cloud Cover Closing.
LTC is approaching to an uptrend line that has been forming for a couple of days. The question is: Will it break the line or is it just a 3rd retest to make this one valid ? Altcoins have been for the past few days overall bullish following the major cryptocurrency: Bitcoin. The market will decide the fate of Litecoin. As for you, are you going to choose the ...
what do you guys think ???!!!! am I reading this wrong ?
The weekly seems to be showing weakness and confirming that weakness by breaking down a bearish structure known as a Right-Angled and Ascending Broadening Formation; The measured move should take us down to test the 61.8% retracement at the very least before seeing any sort of major attempt at bullish continuation.
Lazr looking nice for eithier way its going to breakout my guess would be to the downside as i am seeing price get extremely weaker if we don't get a hard bounce tomorrow!
Price was moving exactly as I have posted. Now next target is Fibonacci level on 76% - $16101.98, which can be reached in next 10 days. The up trend is very stable and strong, I can not see the argument to short BTC now. Extra motivation for rising is bullish pattern Right Triangle (T3-T4) Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt...
Reserve Right - a good project with a very good idea, team, advisors. On which I did x3.6 from 3600 to 14000 satoshi We are now near the trend line, usually in such situations there are small upward movements, but as a result, such formations end in the breaking of the trend line and reaching the largest horizontal levels. Best regards EXCAVO
update for - Still bearish!! #notfinancialadvisor #DoYourOwnResearch
Destroy the beras this right instant, the green line has been touched. Send it.
This update is an extension on previous long term analyses, although this one is more longterm. The same support lines are used and are still followed by the market, with one added at 6k. RSI supports upward movement, the MA (50) supports it as well. The support around 8.4-8.5k is holding. If it holds, it'll likely go up to 9.1k, since that one has already been...
BTC/USD is currently forming a textbook bearish continuation right-angled broadening wedge pattern; and we are now in what would be the final push up (potentially toward 8400-8500) before an eventual break of the support zone around 7800/7900 with a measured move around the $7100 region; which is confluent with historical price action and in the vicinity of the 50...