Bitcoin is in a ascending wedge, there can certainly be a fakeouts to playout like always. More than likely, there could be a fakeout to the downside and come backup to make new all time highs in the long term. In the short term, the 4hr chart is bottomed out which has room to go up.
this is a very quick update for the short-term. **Trade based on your own decision.**
DOGE is very bullish right now. It has formed a bullish bat pattern and an ascending broadening wedge but we can expect the pump if DOGE can break the $0.29- $0.28 resistance level. Otherwise it will continue to consolidate. Remember, market is changing very quickly and anything can happen so manage your risks. **Trade based your own decision.**
- On the weekly scale we can spot a huge falling wedge - bullish pattern. - RSI indicator is printing a bullish divergence. - Profit target is 0.618 FIB retracement. - Litecoin can explode anytime right now! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below...
XRP has been following the symmetrical wedge that we have drawn in our last published idea so closely. To make the chart even more interesting, we are now seeing a hidden bullish divergence on the MACD indicator in the 4H chart. The last time we saw a hidden bullish divergence here was at the start of the month, where soon after the formation, we saw XRP blasting...
on usdjpy timeframe h4 a descending boarding wedges pattern was formed. potential to break the weekly resistance and continue the strengthening of the dollar against the yen point to note 114,650 114,300 113.750
Beautiful chart pattern in this market, looking at this chart we can see a bullish falling wedge this is telling me that we are likely to see an upward movement in this market. TRADE SAFE AND USE RISK MANAGEMENT.
Hello,Traders! AUD-NZD is going up in a local bear wedge And as the pair is approaching a horizontal resistance I am expecting a bearish breakout from the wedge And a move down towards the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
We're riding the wedge top here going into earnings which in my experience is always when they dump either before market hours or sell off at the open. Do you think inflation will Mess with Homedepot guidance? I think it will but let's see what happens. Volume has been decreasing on the weekly here which shows that less people are willing to buy as the wedge...
On the 4hr chart on the MACD, we have a nice triple bottom and a falling wedge that could indicate bulish momentum. Price target could be 282, but will not happen right away.
The falling wedge is still intact as price fell to the .35 overnight. Looking for consecutive hour higher lows and break of the falling wedge upper bound.
I love a good wedge and so does Bitcoin. Looks like a confirmation attempt here at the triangle for an attempt to move up to the top of the wedge again. Who knows at these highs though. Be ready and trade on confirmations!
Today I had a look at KAVA and spotted an obvious rising wedge pattern. The price action fits very nicely into elliot wave cycle scheme, which suggests that the ATH created in August 2021 was the end of wave (5), after which the price entered phase A of corrective ABC scheme. After quick bounce from the dynamic support on Nov 11th the price is now trading in the...
Price action analysis on BTCUSD. Potential scenarios & trading recommendations. Top-down analysis & slowing momentum explained. ❤️Please, support this idea with like and comment!❤️
Bitcoin has formed a wedge pattern and this is a warning. If it can break the top line, the possibility of growth could go up to 86 thousand dollars. If it breaks the trend from the bottom, we can fall. It seems that the fall can be very fast.
Falling wedge forming on 1H, really bullish for litecoin to continue the upward movement
Pulspafd.io a new crypto currency under the pulse chain network just broke above a descending triangle with Fibonacci extension level target as follows 1st Tp 0.00021 2nd Tp 0.00026 3rd Tp 0.00028 Pulsepad.io is also very bullish fundamentally
The BTC ATH move made for a working weekend last week. Not this weekend markets. Time to unplug. LRC testing resistance, has set it's first 4 Hour Higher Low, looking for a second in a row.