Hi folks today I'm prepared for you Euro analytics. Some days ago price traded near the 1.0865 resistance level, which coincided with the resistance zone, but after the price rose a little higher than the zone, it made an impulse down, thereby breaking the 1.0865 resistance level. After this movement, Euro in a short time backed up and even later reached the trend...
#Polkadot price action suggests further downside Why? I have no idea... I have never used or interacted with the #Polkadot ecosystem Is it a Ghostchain ? Again no idea.... I just know, if it gets cut in half, in terms of price ... I won't be surprised :(
On the above 1-day price action has corrected 90% since November last. Now is an excellent moment to be long. Why? 1) The ‘incredible buy’ signal prints. 2) Price action prints a higher low on the golden ratio. 3) Price action wedge breakout. Flagpole measures a 300% move to upside. 4) This token is on the ‘what if’ list. In fact this token has already...
I do not hold VHT but instead the vanguard healthcare mutual fund as a play on an undervalued sector of the market. Many key holdings are down 40+% including Pfizer and I believe this is a great hedge for a recession in the coming 2-3 years. I have used this VHT chart to help with my entries around the blue line initially and marching up the bounces of the red wedge.
Hello Traders, As you can see on the chart, We have two bullish patterns: Double bottom and falling wedge. Let's revisit this idea a few months later ;) Please hit the boost button and follow me for more ideas. Thanks
Chart 1H TF I figured out a reversal pattern, Falling Wedge. This pattern combines with Support zone around 1.7 that is very good for reversal. So wait for a signal to confirm this pattern
Chart 4H TF I figure out a Diagonal Wave might be done around 2 or little higher RUNE has Resistance by Previous High around 2 and Support by Ascending Trend Line If my analysis is true, I expect RUNE will come back to 1.72 then up and down awhile So wait and see what happen
The 1-2-3-4-5 Impulse Wave (blue wave) formation on VRTX is nearly complete. We can see a rising wedge (white colour) after impulse wave 3. This is impulse wave 5, which can be in the form of a wedge. VRTX is consolidating at the top. It may make one last effort to reach the top, form a double top and then break down. Another way to confirm formation of impulse...
Divergence can be seen in Bitcoin, this means waiting for a drop, but nothing is certain in this market, these are just more possibilities. Reaching the ceiling of the channel, reaching static resistance, and negative divergence indicate a fall, but when will this fall stabilize? And on the other hand, is it possible to grow more? In this technical analysis of the...
Immediately there was a breakout on the Rising Wedge formation on boththe daily andweekly TF, I knew we were in for a roller coastal ride to the downside. My target remains 1.615 region. Cheers, and have a profitable week ahead 👍 😀
Walmart has formed a Rising Wedge into the PCZ of a Bearish Alternate Bat, and as it's made its way to the PCZ, the PPO has given us both a Bearish Confrimation Circle and 3 Falling Peaks. If this plays out, I think WMT could easily see $130, but there is room for it to go down to as low as $90.
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price bounced from $217 resistance level, it entered to falling channel, where it declined to $210 support level. Then Binance Coin broke this level and fell to support line of wedge, in which price at once bounced back. Inside wedge, price rose to...
looking at BTC's chart, it seems a rising wedge pattern has formed and thus, the continuation of yesterday's dump is expected to continue.
I'm taking a good short on SOL here SOL created rising wedge on 30mins timeframe and broke down already Also, SOL created change of character on 30mins timeframe Also, SOL is one of the asset that FTX are selling off soon so I'm gonna take short with all this idea I want you to know that not you should always take profit and don't be greedy
If we look at INDEX:ETHUSD from a bearish perspective, it shows potential for significantly more losses. There is a rising wedge that has 1x and 1.5x targets around -720 and ~520 on the logarithmic chart. The linear chart's rising wedge targets ~350 or near to the log chart's wedge target's 2x measured move down, which lies just above around ~375. The...
Welcome back to another exciting episode of our weekly XAUUSD technical analysis! 📈 In the ever-evolving world of forex trading, gold seems to be holding its ground around the crucial $1,900 mark. 🔒 The recent surge in the U.S. Consumer Price Index (CPI) has sparked inflation concerns, making investors wonder about the Fed's next move. 📊 This week, we'll explore...
XLM is breaking a Rising Wedge. The Rising Wedge is a bearish chart pattern. In this case the price maybe be go down at least to 0.11217
I do think we have one more move lower here, but it should setup a large move higher that takes us past the previous highs we've had in April and July. I think we should see a bottom take place either tomorrow or over the weekend and that should setup a great buying opportunity in BTC. I have bids set in the $25.6k-25.7k range. Support on the chart is at $25,663....