Rising Wedge

Rising Wedge Pattern seen on DJI with MACD divergence. Expecting break to downside.

Hello traders, I'm bearish on EOS short term, we can see a rising wedge and the bearish TK cross that shows ichimoku. - THIS IS NOT FINANCIAL ADVICE -

Hi guys, Short analysis on LTCUSD. We are testing the rising wedge upper support on the daily-chart. There's an opportunity if we break that support. LTCUSD could go to $165 after testing the Fibonacci middle red line. Then, you can see that we have a hidden bearish divergence on Stoch RSI, and we crossed the 100 limit. LTCUSD could undergo a new bearish ...

Hello Friends and welcome to an updated analysis on Bitcoin. At this point we have touched our Diamond Bottom Target twice. This is where if trading this pattern I'd take profit. The primary reason for this is the Ascending Wedge (orange with blue lines) or Rising Wedge as some call it. I originally thought we were forming an ascending triange but alas it has ...

Hey Traders - In this video I share with you an example of both a simple pattern formation called the Rising Wedge as well as a potential structure based trade. Akil

IOTA is forming a rising wedge A break of resistance trend line will give us a short opportunity Good luck to all!

Possible breakout upwards in the next 24 hours.

DJI showing similarities to BTC , or any bubble with a parabolic curve. Admittedly exhibits bullish divergence on RSI but in a downtrend after a parabolic curve break don't expect this to cause recovery, especially while continuing below 50. More likely people will short into this rising wedge with no buy vol

Textbook rising wedge formation forming off this 8000 support. Short MACD is trending down, we could see a drop below the wedge soon due to the oversold nature of RSI. If the price breaks 8200 we could break up from wedge to 8400-8600 levels. However if the wedge breaks down we could see a deeper slide as the buy walls on Bitfinex indicate poor support on the ...

NEO is forming a rising wedge A break of resistance trend line will give us a short opportunity Good luck to all!

Looking Back on the chart, there have been a long downtrend on the 4 hour chart. The price is consolidating through a rising wedge, and the third wave have been completed. i see the price go down to 132.015 before further upside to the fifth and ending wave. a long trade can be taken after the price have tested the support line in the rising wedge. this is a ...

VENBTC seems to be in a rising wedge. The last two times this pair was in this pattern, there was a downfall once the pattern was broken from the downside. Pending orders for short positions can be placed around the 0.00043000-0.00042500 level. Or you could wait until the pattern breaks. Profit target could be 0.00035000 level. Constructive criticism is welcomed.

I'm a beginner doing some TA, but you gotta start somehwhere so here we go. BTC had a MASSIVE amount of money pumped into the system in the past week after a consolidation period. Market sentiment is that the bull market is back from its hiatus from earlier this year. If you are thinking about going long, you may want to wait for a better price. We just seemingly ...

2-year rising wedge broke down and retested. The retest itself formed another rising wedge. Stop over this retest high at 51.50. Pattern target is 40.50 10x potential return Add to position on break of minor wedge

This is a monthly Chart of Bitcoin and looks like a Cup & Handle or a Rising wedge is forming. One is Bullish and other is Bearish. Huge Potential for both of them. Who do you think will win? Are you a Bull or Bear? :D Comment down and check in the future. Good luck on your Side guys ^_^

Chikou crossing price Kijun at bottom of current candle Kumo twisted DI squeezing RSI high. Price could hit buy zone at bottom of channel

Buy Zone = Yellow Selling Targets = Green Stop Loss = Red

We have broke the bullish pennant but could not break above the rising wedge in play.... since the RSI is also forming bearish divergence, we need to be cautious..