Here is how I see DOT trading in Q4 2021 - around $70 (near Christmas) local top before profits are taken to bottom of wedge. Assuming the pitchfork and wedge boundaries stay intact and are not broken. Let's see where this goes.
Hello guys, Cup and handle chart pattern, Falling wedge chart pattern, and if you are to count the wave in the wedge based on Elliot wave analysis its done with the 5th wave indicating a breakout is eminent soon, I probably see bitcoin actually heading For a new ATH, breaking the 67000 Resistance zone, the setup is pretty...
Im waitin for one candle stick to close obove the current continuation structure thats the time we can buy
Looks like the wedge I was talking about yesterday has broken out but got a rejection from the 4h symmetrical triangle former support. It it likely in my opinion that BTC will come down to re-test the breakout level. But the volume is a bit lagging behind in my opinion. I think I’ll play the re-test of this bounce and it will tuen out to be something like this in...
NZHCHF will it break out? Forming Falling Wedge, will it break out? or fall to continue down trend? Please use proper risk management.
USDCAD Forming broadening rising wedge, but will it fall? or bounce back from trendline and continue becomes new up trend? Please use proper risk management.
EURUSD was ranging and attempting a recovery but was dismissed by a strong NFP, causing the price to break towards the downside. However, the price was able to find support at a previous low at 1.1527 and may climb a little further before resuming falling. As the Fed has started tapering while the ECB is still holding to a low rate stance, following a strong NFP...
This will be an unpopular opinion but this ascending wedge in declining volume coming up into earnings is concerning. Anchored VWAP from the gap up and the 50 day moving average around 130 should support it for a nice re-entry point
Litecoin seems to finally be done with the down-trend after regaining 50MA support. It already retested it once but could dip a last time before heading towards 200MA! Current Price= 136.33 Buy Entry = 132.73 - 123.77 Take Profit= 155.64 | 176.38 | 199.91 Stop Loss= 106.26 Risk/Reward= 1:1.25 | 1:2.19 | 1:3.26 Expected Profit= +21.36% | +37.53% |...
#BTCUSDT $BTC is trading inside a falling wedge and support zone, that if cross above the upper line of wedge will go up toward resistance zones. and if break down the support zone will head down to $57500.
With multiple market crashes incoming, btc has been in a constant up trend and bubble since day 1. Classic rising wedge and developing a M at the top to indicate breakdown of the pattern which will lead to break out. Remember distance of fall is usually the same distance of the back of the triangle pattern from original high and low. Inidicates a 99.5% drop at least
Sol could crush soon if will break down of big rising wedge. It is still a potential for 2x but not more
I don't know just trying let's find out do your own ta not a financial advice thanks. Leading diagonal completed as expected.
In preparation for a new uptrend, a bullish response came after the bearish. But I think a short-term Rising Wedge Formation". I think it can test the levels between 0.00000085-0.00000090 by falling again. Because fluctuations are needed for a good trend and a steady rise. This dog will need ripples to get to better places and will need opportunities to hold more holders.
Trendline and support below at around $0.30 - $0.20. Very possible with a similar sell-off to last year but either way is a gamble near ATHs. Bit of a wedge forming as well should we hold up.
Buy opportunity as the pair has broken up and retested the support area.
DISCLAIMER ON, this is my personal trading plan, AUDJPY timeframe H1 forming continuation "falling wedge pattern" and price breakout from the line, SL max 84.540 - TP 87.080
If we consider MANA past leg , chart gone from 0.6 to 4... We see a Ascending Channel Pattern Fibo is saying everything () TP : Fibo extention of the break out leg from wedge SL : Fibo retracement Note : As always this is just an idea open positions at you own choice of risk