• Everything is going as planned on AAPL, since our last study on it (link below this post); • AAPL is heading to our target around the $137 - $138 area, which we set last week, and there’s no top sign on it yet; • Even if AAPL corrects, in order for it to do a clear top sign would be important to lose the 38.2% retracement again, along with the 21 ema – this...
Please give me some feedback and let me know what you think. Multi time frame Analysis 1D time frame price is in a Strong Uptrend giving a Long Bias 4H time frame price is trading in a Ascending Wedge and in a immediate Uptrend giving a Long Bias 1H time frame price is in a Uptrend respecting Trendline and 26EMA giving a Long Bias Setup and Entry Wait for...
From my last posting I believe US30 Index is in the beginning phases of its Descend into 2023. Assuming that we are not going higher than 34K. After an initial drop from my supply line the chart has given us new confluence to re enter if the initial drop was missed. First we see a trade setting up at what is the local golden pocket, although this trade will not be...
We have a very bad political issue in Iran and it seems the technical chart of USDT/IRR show something in long term pattern. According to chart we see a long term ascending wedge in chart which is combined with negative regular divergence which lead to a bearish market. Maybe something must happen to see this collapse and such a power for IRR. Think about 6 to...
There may be a downside of around 15% in PNB A Broadening Wedges Ascending pattern is forming right now
USDCAD as charted shows a rising wedge pattern while the RSI indicator shows bearish divergence. The price presently is approaching overhead order block resistance. Taken altogether, these may suggest that USDCAD is about to reverse into a downtrend. Canada recently had some rare violence on the global news involving knives not guns while the $ DXY has stayed...
the price is going to retest the key level of 98.75 (weekly resistance) On the daily timeframe, the price flipped the 90$ area and retested as new support. On 4h timeframe, the price is creating an ascending change below the main resistance. How to approach? For the bullish scenario, the price needs to have a new breakout from the weekly and ascending channel...
I want to believe from his weekly chart we should see some good gains until March then we should see the pullback we are all anticipating. I'm gonna say we will top out anywhere from the mid $480s to $500. Then we will see a 13%-30% dip (crash). If this is correct make some money and get out of the market for long plays cause its going down. But the bottom also...
Hello, this is an update from my earlier chart. sushi been holding up strong in the last 2 days. However, the pattern is very bearish. It has formed ascending wedge. Within the ascending wedge, there is a head and shoulder. The price has broke down the ascending wedge. It looks very bearish to me. Not a financial advice
Hi, ETH is bearish on 4 hr chart. It has formed an asending wedge, the price is at the lower channel line, RSI appears to be flat, MACD histagram negative slope, and volume seems to be dropping. A big red volume will break it down the ascending wedge. possible potential is 4k or even more, depending on how strong is the support at 4k. Not financial advice.
It looks like we are having a continuation of the raise wedge towards the upside. I cannot see blok going below the upper levels 0.95 cents. 0.10 is still a great buy as 0.17 is coming back soon
Good Day! Only my point of view, but in long term scenario falling is very risky for BTC life, so I don't think market will do it. But of course I should prove it. Now we had breakout of ascending wedge , so price will go a bit deeper(down), under 40k. And here price has a choice: go to 28k?(what can cause descending triangular formation) or continue...
Good day! Firstly I would like to say that shark pattern is a bit dirty as CD gone far away deeper than 1,13 of XA , but it rebounded from 2,24 lvl of BC so I think it is a shark(as other lvls are good). Secondly here is a great possibility of double top. And thirdly we should not forget about ascending wedge breakout on 1D chart. Also the current crab...
Sup! I see a great possibility here of Bullish 3 drives pattern on 1h chart, and according to main falling tendency it won't take much time. Two times has priced already rebounded from 61,8 lvls, so its about to wait for some rebounds from 1,272 /1,41 and other levels (it can be another Cypher or kinda sth like that). After what activity will return to a bear...
SPY has been flatlining the past few weeks. Look for support trendline to be tested near overbought levels. Any negative fed news could be the straw that (finally) broke the camel's back
Watching this ascending wedge on the ETH 4 hour. After a very bullish few days, the move looks to be coming to and end in the short term. The technical pattern combined with declining volume and bearish divergence are all forecasting a move to the downside. Don't be afraid to take some alt season profits to have some dry powder.
#BTCUSDT Based on the ascending wedge pattern, $BTC will likely print a new high in the coming days, but it will be short-lived and most likely with a negative momentum divergence on the RSI. It should be recognized that the ascending pattern could last several weeks before it is resolved. A bullish resolution would target the 4.618 Fibonacci extension of the...
If this ascending wedge plays out, the BTC price can go down to 57K level.