🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) . 📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a ...
Hi. BINANCE:FLOKIUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which FLOKI is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish...
BINANCE:MATICUSDT Observation: We are retesting the current major resistance and the point of interest, expecting to see a pullback to the upside to it and then we see a rejection. Falling wedge pattern is bearish, we can break below of it. But it could be either for a continuation to the downside or a fake-out then we break from above of the resistance.
FX:USDCHF looks stronger than the dollar. The Swiss franc is weakening strongly due to fundametal reasons. The bullish trend may continue with a break of 0.9142 On D1 earlier we saw a trend change, after which the market went into a consolidation phase and reached 0.9147. The market resistance continues to hold the price, but against the background of...
Selling PUTs on Natural Gas ETFs seems a decent income prospect at the moment. Not only are there auspices of a falling wedge breakout, but an increase in momentum may be acting as support at the lower end of a months long trading range. These formations are already seventy five days in the making, providing some confidence in the likelihood of our bullish...
🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇. 🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢. 📈Regarding Classic Technical Analysis , EURUSD has successfully formed an ...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price started to trades in wedge, where it at once made downward impulse from resistance line to $67100 level. Soon, BTC broke this level, which coincided with resistance area, and fell to support area, after which bounced up. Price almost rose to...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this PEPE/USDT trade setup. Breaks out from the falling wedge-like structure, a retest is also done and is now ready to go upside. Buy some here and add more in the dips. Target:- 70-80% SL:- $0.006 If you like this idea then do support it with like and...
Hello, guys. This is ESS team. We hope our analysis will help you. Candle is supported at Fibonacci Retracement level 382 after breaking the Rising Wedge's bottom. However, the pressure of the sell-power could push it down to the 0.5-618 level. To take a long position, at least, If candle break through the GREEN downtrend line, That is the time.
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price started to trades in a wedge, where it at once started to rise from the support line to the resistance line. After the price reached this line, at once turned around and made a strong impulse down to the 1.0710 resistance level, which coincided with the...
Logarithm. Time frame 3 days. Linear price graph for clarity of this beauty. The entire secondary trend is a falling wedge , a decline in price from the highs to date for 718 days (24 months, or almost 2 years). Volatility has decreased to a minimum, the price is conditionally squeezed, in the near future there may be an excess of supply/demand and a...
DXY is in ascending broadening wedge and following up from previous long positiom ideas, I am seeing that DXY might take pause and move down.
As BTC trends up these past few days, it has formed this bearish ascending wedge on the 4 hour. It is something we should be tracking as we get nearer to a break down. Stew
We are in the middle of a bulls rally. But still in bearish territory. The 510 level is going to be very intense to watch. If the bulls manage to break up and consolidates above 510 bears are dead. I'm not shorting anything yet. I'm just sitting and looking at my long positions.
BINANCE:BTCUSDT has broken the support and MA50&100 on 4H chart. So, we expect more dump: 🎯$63800 🎯$63000 🎯$61700 🎯$61000 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the...
BINANCE:ICXUSDT has broken rising Wedge . ✨Targets are: 🎯$0.2307 🎯$0.2170 🎯$0.2092 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be...
On the above monthly chart price action has grown 200% since May 2020. A number of reasons now exist to consider a cautious outlook. They include: 1) Bearish divergence. 5 oscillators now print negative divergence with price action as measured over an annual period. This measurement is equivalent to previous corrections. 2) Three rising wedges are shown. The age...