In simultaneous confirmations for breaking the wedge pattern, the price can be expected to reach its ceiling and also the top of the beginning of its downward movement.
The current area support is very suitable for continuation of the upward trend
Algorand (ALGO) has orchestrated a fascinating move that has caught the attention of traders and investors alike. It appears to have fallen below a key support level, but could this be a cleverly designed bear trap? Many speculate that a pump might be on the horizon. Let's dive into this intriguing market development. 📈💥 The Fall Below Support: ALGO recently...
Harmony (ONE) has been quietly making strategic moves in the crypto arena, and one of its recent maneuvers has unveiled an essential yet often unnoticed aspect of chart analysis: the retest of a crucial trendline. Furthermore, the formation of a substantial falling wedge on its weekly chart is sending bullish signals, indicating potential for exciting price action...
AUDCHF price broke above triangle structure. after a correction if price continues to hold above support I expect the price to move higher towards the next resistance.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTC is showing wedges galore, and it's a strong bullish signal we simply cannot overlook! As seasoned traders, we understand the significance of recognizing patterns and signals that can potentially guide our trading decisions. Wedge patterns have long been regarded as powerful indicators of future price movements, and the current scenario in the BTC market is...
We've got a triangle, wedge, pennant pattern forming here on the GBPNZD and in this video i want to show you how I use the anchored volume tool to project the levels that price is likely to go to once we breakout from the pattern. If you have any questions or comments about the idea, or if you just want to share your own views, please leave it in the comment...
Analysis 📈 FIL/USDT has been trading within a wedge pattern for some time, and it's just confirmed a breakout, indicating significant potential for gains. Here's a comprehensive analysis, along with potential take profit levels. Technical Analysis 📊 1. Take Profit at $6: The $6 level marks a key psychological resistance point. It's a good place to secure some...
Traders, get ready for an intriguing setup on the 1-hour timeframe for GBP/USD. It's all about recognizing the signs, and we've got them: 📌 Technical Analysis Highlights 📌 🔷 Bullish Wedge Pattern: The price action has diligently formed a bullish wedge pattern, and the exciting part? It has just broken through, indicating a compelling buying opportunity in this...
Enjin (ENJ), a distinctive contender in the cryptocurrency arena, is currently in the midst of an exciting journey, setting the stage for potential surges in value. 🎮💹 Soaring to New Heights: ENJ's Redemption Enjin, known for its association with the gaming industry, has weathered its fair share of challenges. However, like a protagonist in a captivating...
The pair is already in an uptrend on higher time frames. We expect further upside which is signalled by the breakout of the falling wedge pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on the retest of the key level.
The pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis
The pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis.
Hello Everyone 🙋🏽♂️ 🔴 1.36704 🟢 1.35540 🟢 1.34735 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻♂️ Best Regard / EMA Trading...
We just had a clean breakout of a wedge to continue a strong downtrend - will look to short if we mitigate our supply zone on a retest of the wedge and create a LTF CHoCH Coinciding with my previous post, we have been sustaining a healthy downtrend while mitigating our intended supply zones. Price has now shown higher time frame signs of reversal and created our...
Interesting development on EURAUD as price is starting to narrow between recent highs and a munch longer term trend line. The uptrend started on 6th Sept 2022 after putting in a low around 1.43000 in late August. Technicals The uptrend line has provided solid support ever since, with bounces in January and June of this year. The January example is most...
Bitcoin's Growing Dominance: Bitcoin has been flexing its muscles in the market recently, steadily increasing its dominance. This is a reflection of its strong performance and renewed interest from investors. 🏆 Retesting the Range: Range was brewing for 772 days What's causing concern in the altcoin space is the recent retest of the upper boundary of...
Buy USDCHF Wedge Breakout Price breaks the wedge pattern in M30 chart, its good chance to Buy today as intraday entry. Thank you