RaffDN

RaffDN

Analysis and Forecast: Trend Analysis: The chart shows an upward trend within a channel. The price has recently pulled back to the channel's support line. Entry and Exit Levels: Long Entry (Buy): If the price holds above the support around $634.34, a buy entry can be considered. Target: $701.47 Stop-Loss: $596.73 Supports and Resistances: Important support at...

RaffDN

Analysis and Forecast: Trend Analysis: The chart shows a recent trend reversal from bearish to bullish. The price is testing the resistance around 204.70. Entry and Exit Levels: Long Entry (Buy): 202.89 Target: 205.69 Stop-Loss: 202.49 Supports and Resistances: Resistances at 204.70 and 206.00. Supports at 202.89 and 202.49. Indicators: Oscillator, RSI, and...

RaffDN

Analysis and Forecast: Trend Analysis: The chart shows an upward trend, but recently there has been a reversal below the resistance around $186.62. The price has fallen below the 10-period EMA (yellow), indicating a possible short-term trend change. Entry and Exit Levels: Short Entry (Sell): $174.12 Target: $136.09 Stop-Loss: $186.62 Supports and...

RaffDN

Bitcoin (BTCUSDT) Technical Analysis on Binance General Context The BTCUSDT chart on Binance shows a long-term ascending channel. The current price is within this channel, indicating a continuous upward trajectory with future projections based on key resistance and support levels. Indicators Used Exponential Moving Averages (EMA): Indicators of short, medium,...

RaffDN

English The latest analysis from TradingView for the GBP/USD pair shows a quote of 1.26220 USD, with a slight negative change of −0.00038 (−0.03%). Market analyses suggest a mixed outlook, with several analysts pointing towards a potential downtrend, based on technical patterns such as the breakout from a key support zone and the formation of a symmetrical...

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A "Bullish Pennant" is a chart pattern found in financial markets that is considered an indicator of the continuation of an upward trend. It forms when there is a large upward price movement, followed by a period of consolidation, which looks like a small symmetrical triangle. The pattern is completed when the price breaks out of the pennant's resistance,...

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A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the...

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A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel. Ascending Channel: This channel forms when prices have an overall upward...

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📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two...

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📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two...

RaffDN

📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two...

RaffDN

📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...

RaffDN

📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...

RaffDN

A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the...

RaffDN

📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...

RaffDN

📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...

RaffDN

📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...

RaffDN

📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...