#Mdx is in Big falling wedge at daily time frame and it will keep dumping. At 4hrs timeframe, Red descending triangle breakdowns but a retest is pending. Might be possible price goes up to red line to retest triangle and then it will go down. Also it can go down without a retest.
#Doge is in falling wedge and it will keep dumping. Also Big Red trendline is broken and retested successfully which is strong indicator of Doge being Bearish. Weekly timeframe explains it clearly.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is still at the same range of FWB:29K level. It is forming a rising wedge-like structure in the daily time frame and currently, at the lower trendline of the wedge. If it breaks down from here then expect a big dump in the next...
Hello,Traders! EUR-JPY is trading in an Uptrend but the pair has Formed a bearish wedge Pattern and is trying to make A bearish breakout so I think That If the breakout is confirmed Then we can expect a local Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
👩🏽💻 Technical: The higher time frame bias indicates a clear downtrend. Currently, the 4-hour chart is forming a descending triangle pattern. However, the pattern's lower trend line hasn't been broken yet, a key point as a break may signal a continuation of the downtrend. 🎯 For an ideal entry: To confirm further bearish pressure, watch for the price to break...
GBPCHF is in between bulls and bears war. As the price is still getting support from bullish trendline it is looking like the pair may get a leg higher. If the price close above 1.12400 then it can easily head towards 1.1300. What you guys think of it ?
USDCHF forming an Ending Diagonal(Wedge) This correction will make way for an up trend
Gold breaks through support and makes a momentum move and updates the global low to 1889. It is likely that the market may continue to fall TA on the high timeframe: 1) The nearest point from which we can expect to buy is 1902.87, a false breakout can be formed but it will take a lot of time TA on the low timeframe: 1) Price breaks the support of the wedge,...
Yesterday's FOMC was bearish for Gold, and the market dropped sharply. As I already discussed on the live stream, shorting Gold now looks very risky. The thing is that the market is currently trading within a huge horizontal zone of demand. The underlined blue are is based on a price action of February, March and July this year. Be careful and keep tracking...
Litecoin appears to be forming a falling wedge against bitcoin. Rsi trend has bottomed along with the price action within this wedge. RSI is showing bullish divergence over the last several weeks. Volume has been flat or declining in this wedge, often a reversal signal. This could be as much as a 30% move up to the next resistance area. This is the product...
Happy week traders, I hope you had a great weekend! Today, we are looking at USDJPY which is in a strong uptrend even after the last CPI number that was lower than expeted. Usually, when an asset continues a trend even with conflicting data it means the trend is very strong and is not about to stop. Technically, we can see that price formed a rising wedge that was...
BINANCE:FTMUSDT BITFINEX:FTMUSD Hello Traders, please check out my previous ideas. If the price stabilizes above the indicated areas in daily or 4H timeframe--> 💥50% price jump💥 targets are on the chart. optimum stop-loss is below the 0.215$ level. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure...
Hello traders ,what do you think about GOLD? Gold is still in a downward trend. Now approaching the support zone of 1894-1900, it is expected to make an upward correction till 1936 and then fall to the specified level after reaching the specified resistance zone. If this post was useful to you, do not forget to like and comment.❤️
15m timeframe shows a falling wedge pattern indicating possible upside in the short term but overall a continuation of the downtrend on larger timeframes.
FX:CADCHF under trend pressure is forming a setup to continue the trend and update the global lows. The currency pair is in the bearish phase. The price continues to decline and test the strong limit support line at 0.64990. A descending triangle pattern is forming on the chart, which can be interpreted as pressure from dynamic sellers on limit buyers at...
Chromia just printed a dragonfly doji, bullish reversal towards 100EMA resistance seems around the corner. ⚡️⚡️ #CHR/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (5.0X) Amount: 4.6% Current Price: 1) 0.1046 Entry Targets: 1) 0.1035 Take-Profit Targets: 1) 0.1215 Stop Targets: 1) 0.0945 Published By: @Zblaba TSX:CHR ...
ApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term. ⚡️⚡️ #APE/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.6X) Amount: 5.1% Current Price: 1.888 Entry Targets: 1) 1.885 Take-Profit Targets: 1) 2.458 Stop Targets: 1) 1.598 Published By: @Zblaba NYSE:APE #APEUSDT...