TLDR: We have at least another 40-50% downside if the pattern holds Introduction Bitcoin and crypto has some fierce bear markets that can really affect people's psychology. To that end I think it would be helpful to show people a general pattern I have noticed and have been using to help me do my personal battle planning. Two Simple Indicators The NVT...
The technical figure Rising Wedge can be found in the German company Volkswagen AG (VOW3.de) at daily chart. Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation. It designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery, and offers...
let's take a look at daily time frame. Bitcoin is forming a rising wedge pattern This is the target if Bitcoin breaks from the pattern. love your money when the price breakdown.
On a daily chart, DOW has closed below 200 MA which calls for a bearish sign. However, there is still some support for the rising wedge. The trendline has broken very strongly on weekly. I think we are close to a halfway mark on correction; possibly 4-5% is still left to go. After that, we should see some possible reversal due to the confluence of: ...
- ATOM is one of the greatest looking coins at this moment on Binance. - We can see on the weekly chart an inverse head and shoulders pattern with tripple TOP resistance. - ALL coins dropped hard, but ATOM's uptrend is still intact as the ascending channel still holds. - Check my related idea about ATOMBTC chart below! It is very bullish.
Gold has been formed a rising wedge completed the structure and Found resistance in 1848.
im new to the whole technical analysis thing, but tell me if this looks like a bullish continuation signal to you? CRYPTOCAP:TOTALDEFI
NSE:BAJFINANCE is consolidating in a rising wedge pattern after giving a breakout from flag pattern. Price may potentially breakdown from this pattern and retrace as it has already given excellent momentum in the last week. Be sure to add quantity after the momentum of breakdown fades away. On the contrary, price can take big support from the bottom and...
NSE:DOLLAR broke out from a major rising wedge pattern. Price did attempt a breakout prior to this but it could not sustain. Likewise, price gave a fake breakdown before giving a proper breakout and releasing huge momentum (25-30% in 1 week). Strong volumes towards virgin territory is another bullish sign in favor of this trade playing out. One may skip this...
KBANK | Thailand SET Index | Price Action & Chart Pattern Trading > Bearish rising wedge reversal with estimated target downside for Gartley Harmonic pattern > Enter with tight stoploss recommended Good Luck
Take a look to one interesting thing. The ONE price is forming rising wedge, exactly like at september-november at daily time frame. Also MACD divergence is formed. I think the price can touch 4.0 and then could rollback up to 50%
This is a personal opinion analysis. Please do not use in your transactions. Maticusdt seems to be building a risingwedge pattern. The support lines are marked in the chart. Please write me your comments to improve the analysis
Pure technical standpoint Formation of a "Rising wedge" + hitting strong resistance. RSI forming lower highs
The US dollar is being kicked down along with US yields as markets think twice about a faster pace of tapering by the Federal Reserve and wonder if they have priced the Fed too hawkishly. USD/JPY is on the backfoot and will likely remain so until yields begin to stabilize again. In this pair, technical analysis shows a technical figure Rising Wedge. The Rising...
#LUNAUSDT Hello trader, I hope are good and safe. Today I opened the chart of #LUNAUSDT for 15 Min and analyzed it then I see that this chart has made a RISING WEDGE PATTERN, So I hope #LUNAUSDT will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
NSE:ADANIENT has been consolidating in a rectangle pattern after a very strong uptrend and broke out of it. It has also been consolidating in rising wedge pattern within the rectangle pattern from which it hasn't given a breakout out yet. Considering the bullish nature of stock, it is only a matter of time when it will breakout towards 1900 levels. Enter at the...
What's bearish: - Rising Wedge pattern - Rejection of the 200MA - A decrease in volume in the last 2-3 trading days - Bearish divergence (red line) - Falling wedge pattern on the VIX (image in the comment) This is a pure technical standpoint, it has nothing to do with fundamentals or the market sentiments Me: Hello I started with stocks 1 year ago. After...