Breakout of falling wedge pattern has been done on TATA COMMUNICATION and what I'm waiting for is the retracement to take long position. Target - 2000
Hello friends In the major period and in the weekly time frame, if we accept that at the price of $69,000, the 5-wave bullish Bitcoin has ended, we can imagine that we are still taking corrective steps. Also, by hitting the supply area of 30-33 thousand dollars, we saw the breaking of the Rising Wedge pattern, which makes the above analysis more likely to be...
C-Cola's chart is catching my attention. I'm seeing a potential higher low forming on the weekly timeframe, indicating a possible uptrend. The monthly chart is showing bullish signs. Additionally, there seems to be a squeeze building up on the daily chart. Overall, the trend is looking positive and promising.
Hi everyone👋. 🌐After the SEC announced the delay in the review of the Bitcoin ETFs yesterday, the market started to fall again; maybe this fall is a prelude to September , which has mostly been a bearish month in these years. 🌊According to the theory of Elliott waves , it seems that Bitcoin is going to complete its corrective waves today. 🌊The...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
NAS is making a rising wedge with a 1 Hour divergence on the RSI and currently is also respecting its TF 4HR Resistance. Shorts can be taken from the previous HL
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 After price bounced from support line, it rose to resistance line of wedge and started decline to $0.6255 resistance level. Ripple broke this level and fell to support line, but at once bounced back, exited from wedge, and some time traded near resistance...
Shib broke its upward trangle. Loves this coin but will have a drop this week because of overal market fearness. Take profit at this levels and move stop loss. Market entree if your not already in take account of the stoploss.
AUDCHF is trading in a long term bearish trend. After setting a new lower low, the market is correcting within an expanding wedge pattern. Ahead, I see a significant supply cluster based on a major falling trend line and a horizontal resistance. The next trend-following wave may initiate from that. Your bearish confirmation will be a bearish breakout of the...
A big bear flag in the shape of an ascending wedge. If BTC closes on the weekly below the lower line with significant volume, look out below. There are support levels below -- mainly near the big whole numbers like 25k, 20k, 15k -- but I think 10k is the magnet. Maybe 9k if BTC sweeps the stops below support, which wouldn't be unusual.
The ETH/BTC chart is showing a falling wedge into a support level wrapped inside an inverted head and shoulders pattern. Additionally, from a seasonality perspective, the ETH/BTC bottom was in October and September the past two cycles. Furthermore, the Proto-Danksharding upgrade is expected to arrive later this year which is likely to give the price a boost...
Price is currently stuck in what is referred to as a "Falling Wedge" Price bounces between a falling resistance and falling support into a pinpoint position where it is forced to break either resistance or support *In this case we are witnessing a Falling Wedge pattern forming after a Bullish move so we should expect price to give us a BULLISH break to the...
✅NZD_CHF broke out of the Narrowing wedge and the Breakout is confirmed So I think that we will See a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NASDAQ:QQQ Rising Wedge on 1hour "The rising (ascending) wedge pattern is a bearish chart pattern that signals an imminent breakout to the downside. It's the opposite of the falling (descending) wedge pattern (bullish), as these two constitute a popular wedge pattern." What are your thoughts? Thanks, Kelly
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some time ago price rebounded from the support line, which coincided with the 1945 level and rose to the resistance line of the wedge. Next, Gold started to decline and fell until below the 1905 level, thereby breaking the 1945 level too. Also then the price...
Hello Traders! On The Daily Time Frame The XAUUSD Price Formed a Falling Wedge Pattern ! Currently We Have 2 Scenarios: Bullish Scenario📈 If the price breaks and closes above Resistance Line ! Then ! We Will See a Huge Bullish Move📈 TARGET: 1972.000🎯 Bearish Scenario📉 If The Market Breaks Support Line and Closes Below That I Will Sell in Retest... TARGET:...
Mr. Price recently confirmed 01 June as a weekly low, it is now in the second daily cycle and dropping into a half cycle correction that usually comes around day 27 to 32. This it must do without going lower than R138.35, the overall market conditions are what makes Mr. Price vulnerable. The share has somewhat of a blue rising wedge that appears to be breaking...
BINANCE:OCEANUSDT is making a liquidity shakeout from the support side. This maneuver gives a reserve of energy within which the price overcomes the resistance and breaks the wedge As bitcoin tests an important support area (25000 zone) and then forms a bullish momentum, the altcoin market starts to react accordingly. For us, it is important that bitcoin's...