The rising wedge — also called an ascending wedge — is a bearish reversal pattern. This means that after the pattern completes, you can expect the market to reverse direction.
Confirming rising wedge.
1. Choppy and overlapping waves
2. Higher highs and higher lows
3. An upward sloping resistance trend line
4. An upward sloping support trend line
5. Resistance...
• AMD is trading at a key support level, around the 61.8% Fibonacci’s Retracement;
• In addition, last week, it filled a previous gap at $63.05. This gap is another support level for AMD’s price;
• What’s next? Keep in mind, it is still a mid-term bear trend, as AMD is still doing lower highs/lows and it is below the 21 ema. If it loses the $63.05, it’ll just...
• The SPX is still trading at its key support level, just above the gap support at 3,818;
• The trend is still bearish, and if it loses this support level, it’ll resume the bearish sentiment to the next support level, which is at 3,744;
• However, the index is trying to bounce, as we saw some bullish reaction last week;
• Any bounce would have to face a major...
Hello friends, as you can see in the chart and you know, we are now in the Christmas holidays and this holiday every year causes a low volume of digital currency transactions.
So the best thing is to rest and have fun...
Because the market does not follow a specific direction
In general, the market is not in a good mood due to the decisions of the Federal Reserve...
Hello 🐋
Based on the chart, the price is close to the support area and stick in the range zone ( parallel channel ) ✔️
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
Please, feel free to share your point of view,...
The Euro-Dollar has now retraced more than 50% of the 2022 downtrend, EURUSD has formed an Ascending triangle and looks like it has broken up. The uptrend is likely to continue and reach 1.07515 level.
Hello 🐋
Based on the chart, the price is close to the support area and stick in the range zone ( parallel channel ) ✔️
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
Please, feel free to share your point of view,...
Livent Corporation manufactures and sells performance lithium compounds primarily used in lithium-based batteries, specialty polymers, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers lithium compounds for use in applications that have specific performance requirements,...
As per Price Action we can See the Price has Broke Down the Recent Support, So if Price Sustains Below and give us a Valid Retest we can go for Short and our Target will be Next level.
📈This is my prediction for next year.
⚡If it breaks below $15,500, the next target is $10,500.
🐻As long as it does not remain above $17,500, the scenario remains bearish.
🔨I believe that the price will make one last rise before the final sledgehammer down.
Hello 🐋
Based on the chart, the price is close to the support area and channel support ✔️
if
the price doesn't break the support zone to the downside, we can see more gain 💣🚀
otherwise
we can see more correction ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Hello 🐋
Based on the chart, the price is close to the support area and stick in the range zone (parallel channel) ✔️
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
Please, feel free to share your point of view,...
• NVDA did exactly as we expected since my previous analysis on it, as it lost our dual support level, and it hit our target at $150 (the link to my previous post is below this analysis, as usual);
• Now, NVDA is in bearish territory, as it did a lower high/low, and it is trading below the 21 ema;
• In order to reverse this bearish sentiment, NVDA must do a clear...
• TSLA finally hit our target at $126;
• So far, there’s no technical bullish reaction indicating a bottom or that TSLA will bounce/reverse;
• In this case, the next support level to aim is the $110, as evidenced on the weekly chart above;
• However, if we see a bullish structure just above the $126 support, TSLA has the potential to bounce and seek higher levels...
• The index is on “bear mode” again, as it is doing lower highs/lows in the 1h/D charts, and it is trading below the 21 ema;
• It did a technical bullish candlestick yesterday, a Hammer, closing above the 3,818 (gap support). This is a sign of strength;
• Despite the bullish reaction, this Hammer wasn’t triggered, and the SPX has to break other key points in order...
We have Hidden Bullish Divergence at the neckline of what appears to be a Bearish Head and Shoulders, XMR has been quite Bullish though and is still in the process of completing a Bullish BAMM so this may be a nice time to counter the Head and Shoulders Pattern and go for the 1.272 ABCD Completion.
Hello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are selling BTC again and the target is still the same. The target is an A1000x master reversal point so most probably market will reverse after target as it reversed yesterday.
Stoploss 16905(-0.38%)
Final Target 16610(+1.36%)
Don't forget to hit the like button and follow to...
![NVDA: NVDA: Key Support/Resistance levels to PAY ATTENTION! [UPDATED]](https://s3.tradingview.com/x/xjTMfB7E_mid.png "NVDA: Key Support/Resistance levels to PAY ATTENTION! [UPDATED]")
