⚠️Gold is currently on an upward trend globally. It’s adhering well to the expanding rising wedge pattern seen on the 4-hour chart. After hitting the resistance, gold began a corrective phase. This uptrend has been ongoing for over a month. There’s a support cluster at the base of the wedge and a flat support level. The market’s response here could lead to one...
OPUL is in strong bullish trend. As the market is consistently printing new HHs and HLs on higher TF , RWA is trending narrative and OPUL is RWA based coin. Currently the market is retracing a bit after last HH on daily and now forming bullish div on 1H, if this falling wedge will break then we will enter at breakout. If the market successfully sustain this...
BTC broke this wedge early this am on strong volume. Generally you want to see an entire thick bodied candle to confirm a breakout, this happened plus this additional massive candle. This is the upside I was hoping for with my CLSK call setup I entered last week. A strong reversal in stochastic is noted. OBV not pictured is back to a bullish trend. The BTC halving...
CHWY is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
Update for GBPJPY. Earlier, I shared a very bullish forecast for the pair on a daily. Analyzing the intraday price action today, I see strong confirmations of my predictions. On a 4H, the price broke and closed above a resistance line of a falling channel, retesting the broken trend line, the price formed a double bottom and violated its neckline. We can...
On the above 6-day chart price action has corrected 97% since August 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Stochastic RSI resistance breakout. 3) Regular bullish divergence as measured over the last 2-3 months. 4) Falling wedge breakout + support. 100% upside target projected. Is it...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 From a long-term perspective , CADCHF has been overall bearish, trading within the falling channel in red. 📈 From a medium-term perspective, CADCHF is in a correction phase trading within the rising wedge pattern in blue. 🏹 The highlighted red circle is a strong area to...
💡Today, I want to analyze the Wormhole(W) project for you, which has been listed in different exchanges for less than 3 days . 📚What Is Wormhole(W)❗️❓ 🔸Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain...
On the above daily chart price action has corrected 70%. A number of reasons now exist to be long, including: 1) You know why.. 2) Multiple oscillators print positive divergence over an extended time frame. Look left. 3) RSI resistance breakouts on both USD and BTC pairs. 4) The last time those conditions printed a significant move followed in the days...
📈 EURJPY closed bullish on NFP Friday. Above is my analysis of what looks like a good uptrend
MATIC/BTC has been suffering in this downtrend. Though it keeps going down, it's now showing a reversal pattern, which may or not be the start of a change to an uptrend. I'm going to keep my eyes open, waiting for trend change.
Hello,Traders! DAX broke out of the Long-term rising wedge And the breakout is confirmed So we are bearish biased now And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hi. MEXC:FRGXUSDT Today, I want to analyze FRGX for you in a 2H time frame so that we can have a SHORT-term view of FRGX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). As you can see, the price has recently managed to break the falling wedge wedge. And now it is in a bullish flag,...
Hi. BINANCE:LTOUSDT 😊Today, I want to analyze LTO for you in a WEEKLY time frame so that we can have a Mid-term view of LTO regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). LTOUSDT printed a Descending Broadening Wedge below the key level on weekly timeframe ✅ Due to the Ascending...
We saw some wild price action even in the past two days on the HexUsd chart with a wick down to $0.003791 This is not Good obviously I post not to cause panic and with as much neutrality as possible given the fact I know Hexicans sitting in heavy losses. The usd chart has a bear flag that has already broken to the down side pointing towards $0.001745 If BTC...
Greetings everyone! Today, I'm excited to share my top-down analysis of EURUSD(Monthly). This study primarily focuses on Price Action while also taking into account my understanding (albeit not extremely deep) of the macroeconomic landscape. The European Union and the United States both have strong economies, but the US appears to be leading in terms of strength,...
The DOT/USD chart shows an interesting development with a potential breakout from a falling wedge pattern. The price has broken above the resistance trendline and could potentially reach the target zone of $9.50-$10.50 based on technical analysis. It's worth noting that the upcoming DED token airdrop might be influencing the current accumulation. However,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 Technical: 📈 CRGPT has been overall bullish trading within the rising broadening wedge pattern marked in blue. Currently, CRGPT is undergoing a correction phase as it approaches the lower blue trendline, which is serving as a non-horizontal support. Moreover, the $0.7...