A big thank you to all for following Without Worries. Truly remarkable so many are interested in the ideas I publish. Hope you all have a Merry Christmas and a Happy New Year! Ww To business.. On the above weekly chart price action has corrected over 95% since October 2021. A number of reasons now exist to consider a long position. They include: 1) Price...
If Bitcoin is unable to get above the bottom of this long-term rising wedge, the top may be in when it fails to reclaim it upon re-test. It could still go as high as 85-106k, or even higher the longer it takes to reach wedge bottom. Given this turns out to be true, when this top is finally in we may see the deepest and longest correction in Bitcoin's history,...
Looking for a scalp short on USDJPY on market open, hit the top of the channel with a rising wedge on bearish divergence should get to the bottom of the channel but will just take profit at resistance. GL
BTC has reached new all-time highs, as expected and stated in previous analyses done here. Now, after correcting more or less 12% from the last high, it appears to be breaking out of a falling/descending wedge, which is bullish. BTC is also above the fixed range volume profile (FRVP) support. Additionally, it has rebounded from the middle moving average of the...
#CELER/USDT #Analysis Description --------------------------------------------------------------- + I've observed a distinct breakout from the broadening wedge pattern, indicating a pronounced bearish trend. + I anticipate the price to sustain this bearish momentum and descend towards the next support zone. + This presents a favorable opportunity for a short...
As you know I love these wedge contractions with a resetting stochastic RSI, these usually lead to an upward move, or a flush before an upward move or consolidation. What next: -Do we explode upward? stochastic RSI and price action contraction point to this -Do we breakdown, the local demand is very far away and BTC has corrected a bit finally, this points to...
Gold is on sub-wave1 of wave 5 at the moment pair is on a pull-back of I expect th market to go to the FvG zones in order to complete sub-wave4 of wave1 of main wave5 then correction will happen
The monthly chart of PPH shows we had a falling wedge from which price broke to the downside, we have had a swing low on the monthly chart, if we recover the wedge we will have confirmation that the move down was a false breakdown, this will be a very bullish setup with price expected to move swiftly to close above the purple resistance. Stop-Loss If we get...
We can see a deceleration in the rise of Bitcoin and what this has formed is a rising wedge. Gonna wait untill market confirms it. just an idea, not financial advice
On he above 4-day chart price action has corrected 99% since $9 in 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms the 21-week EMA. 3) The falling wedge breakout confirmation may now be used to forecast the market top for this alt.token at 6000% from the lows. That’s just shy of...
The share appears to be in distribution, the RSI is already showing negative divergence building up. The blue line is where we expect price to fully confirm that a weekly drop is well underway besides the weekly swing high already confirmed. We can also see price has exited the rising wedge & has backtested it, long positions are best taking profit at these levels.
Bearish MACD divergence continuing to play out with a breakdown of wedge trend line. We saw the 508 target get hit today and still face layers of resistance overhead (512ish-515ish-518ATH) ....AND there is a gap still to be filled below (501ish-497ish). If we're going to make another respectable run at ATH then we need to fill the gap and let this MACD divergence...
AMEX:GUSH breaking out of long falling wedge. Price target $70
NASDAQ:VTNR is coming off decade long support and bottom of falling wedge
1. Buy zone between 57-59k with a fairly long consolidation after. 2. CRYPTOCAP:BTC Has broken out of its rising wedge and is bearish for the time being. 3. Most of the long Liquidity is at $62k to $64k. 4. I do recon $57- GETTEX:59K is a fairly solid buying area although I don't rule out going lower. 5. Once that buy wick at GETTEX:59K pointed at in the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago fell to the buyer zone, which coincided with the support level, but at once rebounded and started to move up. But soon, BTC made a correction to the 61400 level and after this, the price made a strong upward impulse to 68500 points, but at...
bitcoin and gold were flying and now silver also flying price is overbought and it has made rising wedge chart patten
Hi traders, there is a chance that retracement of this very bullish movement of bitcoin will come soon. The primary trend remains bullish but since the bullish movement is a bit exhausted given the rising wedge pattern shown in the movement, we expect BTC will go down to 68000. Good luck! I am seeing there is possibility BTC will go to 55.000 before continue...