* Ethereum in 4H time frame appears with Rising Wedge pattern. * Rising wedge occurs when the price moves between two trendlines forming higher-highs and higher-lows. The lower trendline works as support for the price and the upper trendline works as resistance. * Rising wedge appears with wide bottom and as the price moves higher the range becomes narrow. *...
ES1! Challenging an ATH as the everything rally continues. The 10 Year continues it's ascension as volatility is found in the small caps. NAS leading the way up. Thank you to "openclipart' for providing the open source Bond Classic.
Price continues to challenge the monthly iH&S, finding some resistance at the 1.67 zone. To date - Tech earnings trumps the bonds rise. The Russell continues to put up false starts out of it's wedge.
BTC is now searching for it's Higher Low as Crypto goes mainstream via the ETF vehicles of the day.
USDxxx (CHF,CAD,JPY) have always been in a down trend which mainly means DXY is doing the same and if you know when to enter it could be very profitable. Clearly a BEARISH TREND on Monthly, Weekly the market shows a breakout of the YEARLY BEARISH TREND RESISTANCE LINE but never broke above the previous LOWER HIGH to confirm a trend reversal. After the trend...
At this moment SPX is overbought, RSI shows a beautiful ending diagonal pattern. This price parabolic movement can't take long so correction is mandatory. GOOD LUCK!
NIO Falling Wedge, a lovely breakout and confirmation of the trend. Target 1 met at $40, now for the other 2 targets. I am going to be trading a lot more stocks, Forex, other assets in the near future. NFA, for educational purposes only.
The epic run continues as a new ATH is with-in reach. Price is forming a flag above the .786 of the pattern, extended and running. Watching for divergences on new highs to signal consolidation. Crypto ETF options play now on the menu.
Ftm follows trend line that give it many time support and if ftm breakdown then it will provide support Currently Ftm is in Rising wedge [/b ].It try to beak upside 3 times and failed as we can see btc try to break ATH then all alt will boom. For my point of view try to catch it at Support1 and Trend support . Target- 3.5476$ , 4.0196$
- Polkadot is strong on the daily timeframe , as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance. - Target top of the chanel or 1:1 fib extension on the daily chart. - For expected duration of the trade,...
Gap to fill also at 40 dollar range, im thinking its possible it could fill that gap, when it breaks down out of the rising wedge
I'm seeing a minor rising wedge within a major rising wedge on the breakout of a cup and handle pattern. The minor wedge's target is the C+H top which makes sense that we need to come down and retest the breakout. A bounce at the minor wedge's target and a move above the major wedge's high would invalidate the major wedge and validate the C+H breakout. If the...
A 3% move down and back preceded the Pattern Break, This is the third time the break to upside was found via a mini-dip.
The BTC Bull Pennants made quick work back to the upside. Change Management is the name of the game as the Institutional Participants will factor, over the next 6 months interactive effects (10 Year, SPX, ES) are on watch. Dreaming of future rotations and great options spreads..
BINANCE:FTMUSDT Hello everyone 😃 Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it ! #FTM is breaking above the rising wedge now, Also it just broke above the ATH too ! You can wait for the confirmation as hold above the trendline or ATH's resistance. Based on FIB's extension, Targets...
BINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it ! On our recent analysis, We tried to find a logical path for #BTC to move on, But it's kinda invalidated now ( Not really ). So we'll try to have another side of vision on it. We'll try to find a...
Looks like we had one heck of a strong close on Friday WTRH managed to hang in there with the volume after a red day... Interesting price action; The approach I am taking is the $1.57 break. As soon as we break I will look for 1-2 candlestick confirmations and take an entry
Rising Wedge, is a bearish pattern. i drew this simple wedge pattern last night before i went to bed. before it broke down/out. (see linked chart below)