trend decide here. High target displayed for inverse hs. Low target for rising wedge. lets see what happens with the news
Possible downward breakout after this forming reversal rising wedge in the 4hour chart of Atom
It's a major debate at this moment wether Bitcoin is forming a bullish rectangle or a double rising wedge. Regardless of opinions, when zooming out on the 1h, 4h and daily charts, it is hard not to first observe the bullish rectangle. And in the end, we care about the long term. If the rising wedge is confirming with a slight drop, it will be only short, retail...
Here is Analysis for #FTM Sitting inside rising channel for a wile. Bounce on support zone and bottom of channel Above Ichimoku cloud and Ema 50 Expecting a bounce and retest again ATH Send it to $5 🗽
Volume is dropping slowly on rising wedge should retest green soon
Chart is self explanatory. Don't invest and trade blindly.
Should correct with the stock market. January and February are not bullish for oil. First target 72. GOOD LUCK!
The market is increasing it's value very smoothly but steadily and now the ethereum price is getting closer to a resistant line which is the last line of Defence for bears before getting to the range of $4,000 and it has to break it with a very good and significant candle in order to reach the range of the $4,000 which is so important if it wants to set a new...
After 4h played out, next wedge is forming, let’s see if we bounce above
This post is not rly a idea… Just a 1st picture of a raising wedge and volume divergence Only for myself to see if I was right and can replay it after a few days Lines will be adjusted if needed and just update screenshots below this idea
It’s just a shortterm idea CME Gap close was on Friday at ~47800 - so there will be a lower gap of ~2-3k$ As gaps usually close fast Right now volume is dropping and there is a rising wedge So it’s highly possible the there is a drop coming, maybe one last push high. I start short now, and will dca on high points on upper line If you want to be careful start...
Bitcoin is making falling wedge if we look closely at the weekly chart. And RSI is making Hidden divergence. if bitcoin stays strong fundamentally. it may break the pattern but on the other hand if talk about the price it may go 68000-70000 again. But at that price, we can see some type of correction.
BEPRO showin some nice stuff on the 4h. Potential three rising Valleys with a breakout bar at .00995$ (lows from mid april). Potential Trade if BEPROUSDT can break and close a 4h and/or daily candle above .00995$ MACD, RSI and Stochastic showin hid. bullish div. let's see how this gon play out
So previously I posted an idea about USD index turning aroun to go down. But I remembered about wave count, so we had 1st and then corrective wave went down to fib level 0.5, then we had a 3rd wave and now we are in 4th wave, which is heading down to fib leve 0.236. If this wave count is valid, we can actually expect USD index go back up and this time and test...
Here's a quick look at REEF 4D chart . As we can see, the price has been showing a trend line support and moving in the Rising wedge. It also respecting box patter n and moving nice in box ,breaking upside only .We can see a breakout anytime in any direction . Wait for retest and buy it surely. Definitely one to keep an eye on . The best entry at 0.028$ or...
Tic-Tock BTC 2 hours left for potential 3 rising methods.
EURUSD right now is at really crutual level. Blue line is previous support level on 1D TF But as you can see price right now has reached top of a daily falling wedge and top of 4h rising wedge which is also at fib level 0,786 Plus this 4h falling wedge is a corective wave (ABC). I see a possible way down from here to test bottom of daily wedge, but EURUSD...
Last week USDJPY price reached a key weekly resistance cluster. Bears started to push and today they managed to violate a rising parallel channel to the downside. Such a bearish breakout may trigger a strong bearish continuation up to 112.10 Support zone. USDJPY was trading in a rising wedge as well,but the pair hit a strong horizontal resistance And after...