$BTC idea : Another idea for BTC could be that we are created a pattern of a rising wedge on the weekly TF . Rising wedges usually breakdown to the downside . Moreover , if it plays out like this we could be having another bounce retesting the previous ATH and then breakdown . But as mentioned before market is variable and changes . So we could just be falling...
Hellooo...My Dragon Friends i see in AUDNZD sell it, we have rising wedge (in formating) and bearish divergence. let See Happy Trading Happy Profit Hunting Profit Watch ur MM and RM Disclaimer On
EURGBP runs lower yesterday. The EURGBP is following the EURUSD's move and in the process has shifted the bias back to the downside. Investors remain worried that the European economy, which relies heavily on Russia to meet its energy needs, will suffer the most from the spillover effect of the Ukraine crisis. But Bank of England had softened its language on the...
GBP/JPY has created a rising wedge, this typically signifies a drop in price. There is a saying that a rising wedge is falling and a falling wedge is rising. Meaning no matter what the type (reversal or continuation) a rising wedge is bearish and a falling wedge is bullish. Currently the pattern has not yet fully formed, waiting for candles to get smaller with...
rising wedge with bearish divergence on both RSI and MACD let see where this takes us
- IOST is very bullish on the weekly chart. - We have an ascending triangle, which indicates us huge bullish pressure. - 1.618 FIB extension profit target from first waves. - Volume is definitely bullish as you can see.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC Dominance update. Bitcoin dominance is inversely proportional to altcoins means when BTC .D increases Alts starts dumping and when BTC .D dumping, Alts starts pumping. BTC .D affects especially BTC pair altcoins. Bitcoin dominance is breaking down from the...
The Euro may be readying to resume its broader downtrend against the US Dollar. EUR/USD appears to be carving out a bearish Rising Wedge since finding a bottom in early March. A breakout to the downside exposes 1.0945, opening the door to extending losses from February. That would place the focus on April 2020 lows, making for key support between 1.0727 -...
- LUNA rank 9 on coinmarketcap. - We have a massive ascending parallel channel on the daily chart and it's very likely to touch the upper trendline of the channel. - Currently we can see a tripple top resistance, which usually leads to a great breakout. - You can sell LUNA at the top of the channel on logarithmic scale.
Hello friends here best down signal show. Stop loss and take profit is depending your investment.
We are trying to hold a demand line of a rising wedge pattern but are showing clear Hidden Bearish Divergence on the Daily and are likely to rollover rather than hold and upon breaking down one would expect it to come down to fill the gap below us at around $15.50
Hello Friends! It’s been a nice move from the bottom for Unity, congrats to the profit takers. From this point I think there are two ways to play this. Option#1: Looks like a rising wedge will play out to pull back to $93 support before the next move up to $125. Option#2: If it moves up to $108 and pulls back to $105, $125 might be in play. As always thanks...
- We have a major parallel channel on the weekly time frame. - Now the bulls are stepping in as there should be another huge pump in the immidiate short term. - On the 3D/W chart, the only one trendline is currently breaking out. - Also we a have an ascending triangle, very bullish pattern. - Looks very good for AVAX at this moment. - RSI made a new high...
a sharp close below 650 could confirm the bearish running wedge with Last Gasp (bull trap) on March 23rd. Target would be 590/600
A big rising wedge is forming on H4. After a breakout $14 will be the target.
US100 has been bulish for 2 weeks. Stocks have gone flat and this increases the likelyhood of a reversal or retracement. Price has presented a rising wedge pattern and the market is showing strong bearish pressure with big bearish candlesticks. We should look to sell to the base of the correction. CURRENCYCOM:US100
Hello everyone! LTPUSD may drop to 27 and 26.40 if breaks below this support line. Although if closes above 28.60, will go to 29.95
ES1! also has a rising wedge on hourly. Also a quadruple bearish divergence between price and RSI. Looking for short trade on breakdown through the bottom of the wedge.