Wedge

We are approaching the support levels Also, we've seen that the stoch RSI has been in the overbought area, so it would go down, and right now it is going down. Stoch RSI also indicated bearish divergence. In the graph, we've seen that a wedge is formed. This market structure is (probably) going to break at around july. This is not a financial advice.

https://www.tradingview.com/x/SudpRIKp/ #Note Our buy zone start from $3550 to $2750 Max invest:30% split it between this range 3550/2750 as 3 orders $3550 Invest 10% from your capital able to edit to $3250 $3000 Invest 10% from your capital $2750 Invest 10% from your capital able to edit to $2550 3550+3000+2750=9000/3= $3100 By this way, your 3 orders will ...

This Analysis coincides with the Bitcoin analysis I posted earlier today that is link below. Shorts are wedging to an apex with, what I count as an ABCDE Diagonal, representative of a Wave 4, with the current swing high being the 5th Wave, leading up to a reversal... https://www.tradingview.com/x/MGLmNvep/ https://www.tradingview.com/x/KpQZcWPx/ Fibonacci ...

We can see an aggressive rejection from the high to the current level. At the moment it will probably form a bear flag. I am going to do 2 trades here, a swing trade and a normal day trade. For the entry, i will wait to see it form the bear flag first and for both i will short the first 50% when i see some rejection from the bear flag and make them normal sizes at ...

The previous trade overreached it's target by a lot, so i am going to take another trade on this one. It's not a beautiful bear flag, but because of the extra profit i am going to take it on. Good risk reward as well. On the left we can see a possible long term scenario. If this play out, i will try and make trades during those waves, assuming the general ...

So the previous analysis has been quite perfect so far. As the general waves lately as well, it's just so great we have our volatility back again. Anyway, the big ABC correction i mentioned a while back is still in play which means this whole move could be the start of another impulse wave down. For that to happen we have to stay below the 4100/4050, simple as ...

As i inform you, its december, month of blown many accounts. Nothing clear is on current market, but this numbers are real. On eurusd our top is 1.140 ( i post on my other chart what still valid and works), but extension 1.142 (cyan + red), all above 1.142 is headed to 1.16 and 1.18. Our bottom and i am still sure eurusd on SOER is 1.130 (green area) and this is ...

The small inverse H&S shows we might be moving up directly from the opening later today as we can see on the left. If that happens i will try to get in and catch the momentum of that H&S. Long term picture is starting to look more bullish now, but there is still a long way to go for that. That wedge is not a beauty but as long as we stay above that green support ...

In my previous analysis i talked about that failing to reach the 4600ish target would be a sign of weakness and that we would probably make a decent drop. Bulls were so weak they were not even able to complete the bearish wedge and instead an H&S was formed. A big drop was no surprise because of that. I had the target set around 3800 (and a bit) but we did not ...

The double bottom play i showed a few days ago played out but has not reached it's target yet. A very important factor now is, will it be able to reach the target or not. If it can't move up, it means the market is not strong enough and we can see some panic selling again. The market took some big hits the past few weeks and does not just simply forget that. So ...

Buy around $456 /$420 Targets $500 $550 $595 Mid $675 $867 Long $1050 $1120 $1430 $1750 Mega_long $2100 $2350 $2750 $Hold Stop_loss: Close weekly below $390 Invest: 3% to 7% Risk / Reward 10% / Hold we ask Allah reconcile and repay https://www.tradingview.com/chart/BCCUSDT/AAwqHNfr-is-that-true-BCH-will-be-Next-BTC/

As thoroughly explained in the previous analysis, why this inverse H&S would fail, we have gotten our answer earlier today. Please read my previous analysis to understand why. There were even a few fractals to show this as well, the one i talked about and a follower he told me about another one as well. Both quite identical to this one. This doesn't mean the ...

Neo is a blockchain project that is playing a key role in transitioning the world to a smart economy through the use of disruptive technology. Its infrastructure is an open source network that allows for the digitalization of physical assets and the creation and execution of smart contracts to manage these assets on the blockchain. It has attracted the name of ...

Double wedge possible on gold ... left side wedge 15 min chart show down to 1240. Right side hourly wedge test bottom 1240, what is TP of small wedge and then down to 1216-1217

Good morning, traders. As I discussed was most likely to happen, during yesterday morning's live stream, Bitcoin dropped down to the $3200/3300 level depending on which exchange you were monitoring. There wasn't any immediate pop back up though so price bears closer attention at this time. The 1D chart shows a nice descending wedge and the 30 minute shows an ...

There is possible bullish wedge here. It's not the best one but there are many good characteristics of a wedge. I am going to play it safe and will wait a bit more before i will get in. I want to see it go towards the support line one more time and see it get find some support there. Then i will get in with half a position and make the position complete after the ...

In my previous analysis i said the following: The 4000ish level can be tested as well, rather see it stay above the 4050/4100, showing some inpatient buyers wanting to get in (who do not want to wait for the 4000 or lower levels). We have resistance levels around 4500 and 4700 now. So far this has played out and we are still inside this range as well. However we ...

Still learning and experimenting This is not financial advise