Hello traders, DISSECTING A FALLING WEDGE TRADE THE STRUCTURE Todays technical analysis is on DREAMS QUEST. This coin seems to be consolidating in a falling wedge pattern which I have seen many times play out very well for the Kucoin bangers that get listed. What you want to look for on a falling wedge pattern is 3 touches on both the bottom support trend...
After a quick drop in DREAMS coin , it got some stability at 0.1 area, if it holds this position nicely we can see a upward rally upto 100% Tp.1 0.14 Tp.2 0.22 Stoplss . 4 hour candle closes below 0.1 This is just my idea DYOR
DREAMS USDT. Potential Bottom formation. Gaming NFT hype sector. Huge potential upside if 0.618 fib retracement hit. Hyped gaming/nft category.
Hi, The orange line in my previous idea worked and we entered a bear market since then. But right now I smell a reversal structure based on Volume and Momentume. Look at the above average candle with low spread a couple of days ago (marked by white arrow) and the extrem divergence of RSI and MFI. Not sure that Dreams going back to $1.0 or so, but upward...
Buy: 0.1 - 0.14 No Stop Loss: will access later on DINO Popped and so Did MEM, I expect a move from DREAMS as it is one of the very oversold coins x2 potential
Sloppy drawn ... easy to understand! ENJOY the profits! V
$DREAMS #DREAMS #DREAMSUSDT Due to the collision with the resistance line at the end of the channel and if it goes out of the resistance range of the triangle, higher goals can be achieved
see and watch :) After breaking the resistance and then pullback to that range, Rivard has given us a good risk to enter the deal ...
Idea is on the chart. Dreams is a metaverse project.
dream now create pattern HNS and after this double bottom and break out
I have waited a good amount of time for this coin to breakout and have been steadily DCAing into this coin the whole way down. Upcoming targets $.69 $.90 $1.20 $1.90 and believe this could easily top out over $5 eoy. Low supply and low market cap so wouldn't take much for this to 5x from here. Metaverse coins have been going crazy lately even with BTC breaking...
Looking at the chart we can see that it came from a downtrend and then slowed down, it should run to the upside in the next couple of days. Red lines and box are targets. Green line is support.
$Dreams looking good so far... I would say that the correction at Fib.R. 0,786 is over. Now only UP
This coin is the definitions of broken promises, most people who bought at the opening of the coin have been completely shilled, Sat out for a couple days to watch the coin, and found a great entry today before a slight retracement. Now is this coin something you should play? No. Does this coin look like a complete mess? Yes.
We have kind of a Falling Wedge with slightly Bullish Divergence on OBV, which is technically a bullish sign but surprisingly every single green candle is followed by a bigger red one! Just wanted you to know, even if it doesn't recover strongly and moon, this is not the right time to sell...! Good luck ;)
I like to see how dreams show fake wise people his power of Momentum!!! Enter it if you trust me guys I will post another analyse after his pump Yaaayyyyy:)
With 594M tokens sold <= $0.012, DREAMS is still profitable for early investors. So I think a 78% correction shouldn't be surprising; And in the coming days, we can expect it to start growing, especially as selling volume is declining sharply.
DREAMS Quest trying to break its descending channel similar as NAKA TPs: $1.22 , $1.38, $1.62 , $1.92 , $2.79, $4.19