Monero recently just broke out of a falling wedge and found it's upper limit which is presenting us a possible new channel to move within. If the Daily candle closes red, we could see movement within the newly formed wedge.
My trade has been active since 0.01766374
price now is 0.02928935
NASDAQ:MYL is breaking out of a wedge that it has been consolidating in for nearly four years. This wedge appears to be a retest of the breakout from resistance that occurred in 2013, which was followed by a large rally during the "biotech bubble". I expect the wedge breakout to take us back to the all-time highs, at a minimum, and potentially to...
Price has put in a corrective wedge pattern that has seemed to recently broken out of and is currently retesting. IF bullish momentum can carry through I wouldn't be surprised to see bulls try and retest the recent highs. This would be an area where a potential head & shoulders pattern sets up. If buyers push through then I would expect to see price continue up to...
XEM is the #8 on coinmarketcap, recently just passing Monero!
Japan has recently just started to implement this crypto currency.
I see a wedge pattern, with a high probability of a breakout to a new high.
Recently we have been seeing newer highs as the days close by, in my opinion it is just a matter of time before it breaks off into a newer high.
You could go for...
FIrst of all, I am really a newbie to Technical Analysis on trading.
I come from a Cryptocurrency background, so I may lack fundamentals. Please enlighten me.
I have been noticing an uprising wedge from the lowest price of Stratis/BTC.
Also with all the attention BTC 6.09% is getting, most other CQ are bleeding, except STRATBTC . It has been climbing while...
The increasing support and decreasing resistance indicate a possible breakout in mid-december. If it can't break out past the resistance line then it will most likely fall past the support. A good buy time would be around 0.00051 with targets on 0.0007 and 0.00085.
Note: I am relatively new to this so I could always use some feedback.
One of the most picture perfect wedges/Descending triangles I think I've come across for a while. Strong support just above 16000. Based on previous bull run could easily do 25% gain here in a pretty short time frame.
As always stay focused and trade to trade well.
NVDA hourly chart, looking for a break of the upper resistance line and a move over 214.60 where it had trouble today. A move above $215 and we could se a nice squeeze up to the ATH's of around $218-$219.
Upward break plus height of the wedge seems to indicate continuation of $300 to $600. At $300, that would take it close to previous all-time-high and then possible correction. $400 and above will take Bitcoin to new all-time-high.