Seeing the combo of the rising wedge and the bearish divergence on the 4hr chart and 4hr rsi makes me think we will at least see a small breakdown back to the 4hr 50ma. Hoping we turn it back towards the upside after forming another higher low to allow the bulls tos tay in control. In the short term though probability is high enough for me to switch my idea status...
Now its pretty obvious where its going, and it peaks in like 1 or 2 days from now
Good morning and Happy Fourth of July all! Bitcoin has been making some great moves lately. It appears there is actually some buy interest now instead of bears playing games. However, even in a bull run we need healthy retracement to reload the coil springs. I'm not bearish at all by any means, but will be looking for a short. On the 4 hour we have almost...
This rising wedge would indicate pattern at around 360€.
Bearish harmonic spotted on USDCAD. Weak price action and lower highs. Entered short. Targets are labelled. Please use a stop loss and appropriate risk management. Remember to always trade responsibly. Good luck! :D This universe has no boundaries.
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Expecting another leg down on BTC. Currently watching price action to see if a retest of the bottom of the wedge (or reach towards it) will be featured. It is difficult to prematurely put these events in sequence. Best course of action would be to wait for a test of the red line that is currently indicated just above current price and observe the reaction to...
We all know rising wedges and price action usually follows down from there. I am looking at a short here to 6900, and if panic ensues expect lower.
Looks like NASDAQ is leading the way in the stock market in terms of bullish strength. We're knocking on the door of ATH's, and I can say with some confidence that we will breakout at some point in the near future. It's possible that we can break past ATH's on the first attempt, but I am a little reluctant to become an aggressive buyer just yet. A small rising...
Hi traders, I want to share with you the possible formation of a rising wedge . This is a bearish pattern. Price can move as high as 78xx before making a major drop I think it is likely that this will retest 7k support and probaly break it to send us back to the 6x range. I've added some sellstop price levels depending on if the price gets there. You should...
Here we can see good trade opportunities on BTC chart! Trend is Your friend: *Triangle breakout and sell on the retest *Rising Wedge breakout & sell on the retest At the moment we could see another bear flag formation & this bear flag happens on the channel bottom trendline (channel down since Triangle) Let's see what the market offers to us and be ready for...
GUESS ITS REALLY TIME THIS PENNY STOCKS GG TO RISE CHART LOOKS PRETTY GD PROMISING CO. VANGUARD DID ALSO ADD MILLIONS IN IT RECENTLY WITH MANY OTHERS HOPE YOU GUYS WILL EARN SOME TOO
While I've been confident we would break up from the current rising wedge instead of down from the head and shoulders pattern for roughly a week now, I wasn't sure if that would be before another retest of the head and shoulder neckline at the bottom of the wedge or not, but now we have two 4 hour candles up out of the rising wedge with an hour and 5 minutes left...
been warning people most of the afternoon that had their bullish blinders on that this rising wedge would likely break downward as we would probably form one more lower high/lower low combo before completing eve's handle and continuing upward. I had spotted bearish divergence on the 15, 30, 1hr, and 4hr rsis and noticed the 4hr stoch rsi was completely maxed and...
Arkadaslar, bu yatirim tavsiyesi degil kendi fikirlerimdir, kendi pozisyonlarimi ve yakaladiklarimi mumkun oldugu kadar hizli ve erken paylasacagim. Lutfen kendi kontrollerinizi yapin. Iyi sanslar. Hey friends, this is not an investment advice, I share my positions and opinions. I am going to continue to share the 'any recent' upcoming and findings ASAP. Check it...
We have a beautiful "Evening/Shooting Star Doji" potentially screaming reversal here (especially coming on the back of several raising windows). If tomorrow is a down day then it is a confirmation. This is like a textbook example. Lets see what happens tomorrow.
I'll play devil's advocate. Massive bull sentiment right now in the markets, but we are approaching the 200 daily MA which has firmly rejected BTC on the last two attempts. The 200 MA also overlaps neatly with trend line from the previous two lower highs formed on 3/21 and 4/26. Coincidentally, we are also approaching the giant round 10k number. Notice also...
Seeing a lot of bullish momentum here as the last 4hr candle closed well above the rising wedge we were currently in. The current 4hr candle has shown a lot of bullishness too so odds are very good that we may have a successful bullish breakout from the wedge. One thing to keep a close eye on however is the stoch rsi levels...it is currently at overbought levels...