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
Update for AUDCHF. Earlier, we spotted a confirmed daily structure breakout on a daily. The price formed multiple bullish confirmations on a 4h time frame then. First, the price formed a bullish flag and violated its resistance. After that, the price managed to violate a resistance line of a horizontal range. Sentiment is very bullish on the pair. We can...
USDJPY is retesting a broken resistance line of a bullish flag pattern, after a confirmed breakout of a key horizontal resistance. Taking into consideration that the pair is trading in a strong bullish trend, we may expect a trend following movement soon. Goals: 150.57 / 150.86 ❤️Please, support my work with like, thank you!❤️
Logarithm. Time frame 1 day. Secondary trend. Working with a wedge . Breakout, pullback after breakout. Showed percentages, two targets in succession and two options if the breakout will be now or after another decline when forming a wedge from key support zones. Stop loss on such coins before reversals is usually knocked out. Its length does not matter (large...
Logarithm. Time frame is 3 days. Linear for clarity. Secondary trend that formed a descending wedge (bullish potential). This is all down -94% from last cycle's highs of $369.18 Halving (second one in history) will approximately be 17 11 2024. The chart for orientation to key resistance areas has shown the percentages that are very likely to be reached in 2024...