Link is having a contraction after the previous bull flag, this is extremely bullish. A stochastic reset is noted during this consolidation of price action. Decreasing volatility eventually leads to expansion. Link tends to lead BTC runs so if this rips expect BTC to follow shortly after.
Great set up for a falling wedge on the 15min set up for the NVida CFD. The base of the triangle is measured. Same length is my target take-profit after the breakout (MPO)
A downtrend has formed on USD/CNH since it failed to retest the 2022 high in September. Since then, a lower high, aggressive selloff and a bearish continuation pattern (rising wedge) has formed on the daily chart. The rising wedge projects a downside target towards the cycle lows ~7.1. If the yuan continues to depreciated (lower USD/CNH), it could prompt other...
This week is an important week for BTC/USD. If we can stay on the upside of 42,000 then we can continue higher but if we go below the low and retest 40k support then things could get bearish quickly. I think we will break out of this wedge considering that February is usually a bullish month for BTC, ETH, and crypto. (See previous years) Also, a temporary short...
This is about to make breakout of its multi-year w-pattern / volatility contraction. Pharma being at the good position, makes it more attractive. With recent financial exceeding estimates indicate that the company is inline with what chart is projecting. What do you think? Will its price sustain above 1000-1100 level?
Here's what to look out for in order to fulfill our breakout dream and trap all the short sellers (and yes, there are a lot of them). As long as our teal tapered selling holds, we know buyers are still in control and just waiting for the wedge with our stronger selling magenta channel to break loose. Stay tuned! Happy Trading :)
✅Bitcoin has managed to form a Rising Wedge Pattern near the 🔴 Resistance zone($52,820-$52,460) 🔴. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the Support line , I expect Bitcoin to go Down to at least the 🟢 Support zone($50,840-$50,200) 🟢 in the next hour. ❗️⚠️Note⚠️❗️: An important point you should always...
ChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support. ⚡️⚡️ #LINK/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (5.6X) Amount: 5.0% Current Price: 20.219 Entry Targets: 1) 20.449 Take-Profit Targets: 1) 19.002 Stop Targets: 1) 21.174 Published By: @Zblaba CRYPTOCAP:LINK ...
If CRYPTOCAP:SOL momentum continues, we may be open air to .06 sooner than later
LYXUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price bounced from the daily support level and formed a bullish RSI div on 1H TF with bullish candle, This will be bullish signal and seems like the price may go for another leg higher. NFA DYOR
The Euro has currently reached the upper limit of its long-term descending channel, and it has the potential to further deepen by moving towards lower regions.
ZEEL is around Long term Support Support zone is around 130-150 And Stock is also making falling channel on a weekly timeframe. Falling channel support is around 130-150 If we connect the dots we can see 1301-50 is the strong support zone. We can expect price to bounce 150-200% from current prices. Disclaimer : We are not SEBI registered analyst. Do...
Chart is posted. Beat EPS and announced $1.5 billion government deal to produce micro chips in US.
#eurjpy Price has formed a Reversal pattern of rising wedge and it's breakout and bearish divergence can be seen on RSI is well. Price moved in one Direction and hit the horizontal resistance on higher timeframe and created double top pattern is well. This is very important zone if price rejected from this zone we may see good bearish move towards the support zone
OMUSDT is trading within a Falling Wedge, holding onto a congestion zone at support with heavy amounts of Bullish Divergence on the RSI. If this level holds, I think we might get somewhat of a Bull Flag type of move which would take it up to around $0.40 and also happens to align with the 1.618 Fibonacci Extension from here.
I already have one target that's outstanding @14.3c But as you can this breakout move is actually after 7 months consolidating in a rising bullish pennant. This train is leaving people behind and people may jump off the train after achieving 40-50% returns. --- scarred by the bear market , but actually missing the Multiples that this move is making.
If the price will touch the circled area i could bet in a price correction till the middle of the wedge. A little correction is expected in March by the token supply increase. In any case i don't expect a price reversal but eventually it will be evaluated again closer to the June token unlock.
Falling wedge and also higher low Sets graph up for a nice run looking for 20 and 30 cents to be run