BTC failed to break through 35k/0.5 fib level but seems like it will break through after a retest of wedge
BTC has also formed a symmetrical triangle on 1hr chart which can break either way, but looking at previous pattern which is falling wedge it shows more upside after the retest of wedge line which is shown below in chart:
example: (same chart)
...
It has a possibility of falling wedge breakout,delivery % was also high today,it may give a good breakout in near term
.
.
.
consult your financial advisor before taking any decision
NSE:AMBER
Quick VeChain 4hr chart update with the Ichimoku Cloud:
VeChain is still in the Bearish Zone of the Ichimoku Cloud for this 4hr timeframe.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating Short-Term momentum is downwards at the moment. Note that the Conversion Line (Tenkan Sen) is only sloping slightly downwards.
The Ichimoku Cloud Base Line...
Yesterday , I posted that there was an inverted cup and handle pattern forming in 1H timeframe of BTC, but since we are in an uptrend since last week, the probability of inverted cup and handle pattern forming completely and breaking it's neckline, is quite low. Within the inverted cup, there was a falling wedge pattern and BTC broke out of that wedge ...
Toughbuilt re-tested the all time lows and seems poised to run higher now.
Falling wedge : We see that TBLT broke out of the falling wedge and has been flatlining or consolidating in the $0.70s area. This is a bullish pattern.
Kilroy Bottom / Inverse Head & Shoulders: Coincidentally or on purpose, the consolidation in this range is also forming a Kilroy was...
The SXPUSDT is at the stage of forming a falling wedge pattern, so the successful formation of this reversal pattern will indicate the end of a local downtrend and provide a low-risk opportunity to open long positions.
I've been watching this chart since January, and have been tracking the upper and lower trend lines during that time. If you set your chart to 1 day interval, and look at the 4 month, a clearly defined bullish falling wedge can be seen with a rapidly tightening range. I theorize we'll see an imminent breakout. I hold a position in this stock, and have been adding...
Globus Maritime Stock Available At Robinhood
Currently $4.91 & SHORT SQUEEZE UP TO $100
Price Action Hovering Near Alltime Lows.
Confirmation Of Double Bottom!
Officially Breaking Out Of Falling Wedge Pattern
Bullish Reversal!
Short Float Percentage 21%
Of all its shares available, 21% is shorted meaning 1 out of 5 shares is betted the price goes down. So...
Pirate coin breaks through resistance on falling wedge
Provided BTC s volatility is steady and we close outside of the
resistance . We have a measured move up till 16$ and potential
to complete 1-1 EXT at $20 USD ..
But first lets get a close outside of the resistance .
Manage your risk and know your invalidation
Pls Support my analysis with a Like and...
TLDR: There is a high level of correlation in the market so if ETHBTC is red the broader market is likely red.
Analysis
The black lines show a neckline to a head and shoulders that is very visible on lower time frames.
The purple area shows an area where we could see the price stall and consolidate before we continue the downtrend. There are two main...
The stock price is analysed purely based on Price action & Popular chart patterns.
Analysis is done both on Monthly as well as on Weekly Time frame. It may take the stock price few weeks to months to reach potential targets
Analysis is shared through below images.
Monthly Chart - Falling Wedge
Weekly Chart - Darvas Box
Weekly Chart - Bull Flag
...
Looks good, with some potential downside, it all really depends if the bulls keep eating up the dips or not. Either way BFCH could take off here or take 1 more dip.
