in the previous educational post, I posted about Rising Wedge patterns and in this post, I have explained Falling Wedge Patterns. ( Falling Wedge is the opposite of Rising Wedge pattern; for every chart pattern there are opposite patterns excluding some.)
Falling Wedges are Bullish Patterns and it generates a bullish signal, Falling wedge patterns forms with...
Based on the chart after a long time, we can see appropriate amount of the volume for the price and sharp candlesticks ✔️
this volume continues, and the price stays above the support area, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
I set 2 limit orders for this pair and wait for which one will be executed. If the buyers are preparing for market reversal, accumulation will happen, and that is the opportunity to hunt and ride the ups and down of the market. I am also looking for different methods that may support my theory.
On the above 1-day chart price action has corrected from a high of almost 10 cents last year by 96% to current levels since the market top ‘pi-cycle’ alert triggered. A number of reasons now exist to go long, including:
1) The ‘incredible buy’ signal.
2) Regular bullish divergence.
3) What was said above is also true of the BTC pair. On the 2-day chart (below)...
The direction of the market is dependent on the price action and sentiment of Bitcoin. You can refer to my BTC chart and analysis to understand my narrative. I think that BTC will more then likely to continue to oscillate in this ascending triangle formation as currently on its 4th leg down. What this means for AKRO I understand that there is potential for much...
$AKRO on the 1D timeframe looks to be gearing for breakout.
Volume keeps increasing✅
But first, we need to break gray resistance with strong volume.
Over +70% in potential returns on this setup
akrousdt may complete a deep crab harmonic pattern .if we close our daily candle above 0.01392 then there is good chance we may complete this pattern .also looking like wave 3 is forming which will be confirmed if we close above 0.01584 in the coming days .a higher high is needed for wave 3 confirmation .as long as we dont close below A .pattern will be valid