NEAR has been trading bearish since the April top 2022. This trade is based on the premise that NEAR's bear market is over and that the price will move up in the future. Keep in mind to wait for the price to break through the top resistance of the pattern and close above it to confirm the break out.
Target placed at the all-time highs, stop below the recent bear...
GMT has been falling ever since it topped out in May last year. During this very long bearish period, it appears that GMT has formed a falling wedge pattern.
Falling wedges are classically bullish reversal patterns. However, the pattern is far from finished, so that's why we continue to look bearish.
Stop above the most recent swing highs, target at 0.08 or the...
This is interesting, paypal is used everywhere around the world, and all the value gained during the pandemic has been lost, but i think all will be recovered because the use of the credit card is all time high, so, this is a good point to start a position. At the same time there are two falling wedges waiting for a breakout.
Looking at the bad news in the past weeks we should have gone like straight bottom, 30/50% down. Instead we hold 25k nicely. Now that we are above MA200 weekly and perhaps will use at support, I see two possibilities. Bullish and Bearish. It hold so well so maybe we can think BTC has some power to complete the falling wedge (red lines), reach 30k or even beyond....
ARB has been trading bearish for the better part of three months now. During this period, a falling wedge pattern has emerged on the chart; lower-lows and lower-highs.
In my view, it's likely that ARB will continue to trade within this pattern for the foreseeable future. Keep in mind that we've got a FOMC interest meeting tonight which could cause some strong...
Not writing much on it. Sharing my long scenario for BTC. Very heavy resistance overhead but it looks like a very clear bullish pennant forming from its previous run up. Currently attempting to break out, ultimate goal would be at 35-36k with TP zones at previous local high of 27.8K and 30k~ respectively. Look for volume on breakout of this wedge pattern. There...
✅BITCOIN is approaching a falling resistance
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just in time to get the best
Risk reward ratio for us
SHORT🔥
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In previous days US dollar index made a serious down trend towards 102 level ..the bearish scenario is still valid until it move above 38.2% FIbo level..so we could see a small correction then a huge sell as an impulse.
Hello,Traders!
NZD-CHF was going up
After the pair made a rebound
From the local bottom but
The pair is still in the downtrend
And is trading in a below
The falling resistance
So after the retest I think
That a move down is
Very likely
Sell!
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On the chart we can see a falling channel pattern.
We expect that the price will reach the horizontal support. Only if this happen we can open a long position.
Target is shown on the chart.
HBAR has been selling off for months now. In this process, it has formed a falling wedge, which is generally a bullish reversal pattern. The signal will be activated once the price has broken through the top resistance and closed above it. Patience!
A more risky bet would be to make an entry around the current area in anticipation of the break out.
Stop below...
Hello,Traders!
AUD-CAD will soon retest
A falling resistance line
And as the pair will be
Overbought at that point
I believe we might see
A bearish correction
Sell!
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ICP has been selling off for nearly a month now. During this period, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal patterns, so that's why we're looking bullish.
Wait for the price to break out and close outside of the pattern before considering an entry. Looking at 4.90 for now. Target placed at 6.80 for...
On the chart we can see a falling channel pattern.
Our strategy is to wait for the price to break the upper resistance.
If this happens we can enter long.
Targets and take profit level are shown on the chart.
EURCAD was trading downward direction and was respecting falling trendline. And now break through falling trendline and currently creating strong support around 1.4580 region. Will it grown from this region ?
HBAR has been trading inside this patern for the better part of April. Since falling wedges are classically bullish reversal patterns, we're expecting a bullish break out in the near future.
HBAR will break out either on the current move, or will retest the bottom support again. Wait for confirmation.
Targets in blue.
