FWB:C98 has caught our attention with the emergence of a potential falling wedge pattern. This pattern is characterized by converging trendlines forming a narrowing price range. It suggests a potential bullish reversal and presents an intriguing trading opportunity for savvy traders. 🚀📈 As the price consolidates within the falling wedge, it sets the stage for a...
$APE/USDT has caught our attention with a notable Node Falling Wedge formation. This pattern signifies a potential bullish reversal and presents an intriguing trading opportunity. 🚀💥 Will $APE/USDT break out of the wedge pattern and ascend to new heights? Join the discussion and let's unravel the potential of this exciting cryptocurrency! 📊💬 #APE...
Hey traders! Check out the falling wedge pattern I identified on CRYPTOCAP:HBAR (Hedera Hashgraph). Is a bullish reversal in the cards? Let's analyze and explore potential profit-taking levels! 📊💡 Pattern: Falling Wedge 📉🔽 Symbol: CRYPTOCAP:HBAR 💰 Overview: A falling wedge pattern on CRYPTOCAP:HBAR suggests a potential trend reversal from bearish to...
Based on the look of price action on the daily it looks like at least a temporary rise over the next 2-3+ days. The fake break towards the down side out of consolidation and then the break back into and through structure upwards indicates very strong probability to the upside. Also i see there are many orders sitting around the 29000 - 30000 price levels which...
Greetings, fellow traders! Today, we'll take a closer look at the JPN225 index . On the four-hour timeframe, we can see that the index has recently touched its resistance level and is now retracing. This presents a potential opportunity to enter a long position in anticipation of a bullish move. My analysis suggests that the index is likely to continue its...
📉 The GBP/USD currency pair is currently showing a bearish bias as it approaches a key support level at 1.2100. 📊 Technical analysis suggests that a pattern breakout may expose the key 1.2000 level, indicating further downside potential. 💰 Our trading opportunity is to sell at the current level of 1.2098, with a take profit target of 1.20421 and a stop loss at...
Looks like the counter trend up move for Crude Oil is currently in progress and from an Elliott Wave perspective we are seemingly in W.C of the Flat correction . The minimum upside target has already been achieved and the market seems to be heading towards the white resistance zone , which will also act as next target area.
As can I see this period of retraction is most powefull than other occured in 2017. The setup here is M50 for short track, M365 for fast track and M1277 for Slow track theese couple last I use to hold trading for very long períods. My actual position is long when the price reached 38.20% of my Fibonacci. My first target is 161.80% for hold around 1 year. My last...
Based on the chart, for XAUUSD, price reached a major support area and a rejection is about to happening but it's not completed yet! So at this moment we can have to different scenarios that we are talking below: ---------------------------------------------------------------- 1. Price rejection from the support level is completed and the price moves up 2. The...
PDN has been in our watch for a long time. Looking from a monthly prospective a possible double bottom is forming. If the break of the neck line occur we expect over 200% rally from current levels. The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years. In all these years since the last radioactive...
Trading suggestion: There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The...
BTC is hanging in there, stuck in the 9000 area. BTC need to break the 9925 level strong in order to keep going up. It's not the best trading position but you can enter when 9925 or 10000 level breaks, target being around 11775 level, giving you about 18% gain. Also the price needs to go through the 200 day MV. it's keep getting rejected by it. Good Luck! This...
ADA looks very good and bullish. If you missed the second entry opportunity, you have one more opportunity to enter the ADA trading. New entry is at around 0.00003693 level, the next target will be around 0.00004993 level which is about 35% gain. Good Luck! This is not a financial advice, and please trade at your own risk. If you like this analysis please hit...
Short On GBPCAD based on several reasons #1: Test of Resistance TL #2: Double Top Pattern #3: Test of Broken neckline of Double Top pattern #4: H4 Engulfing Price action candle pattern confirmation
Still using: "THE MOVING WATER" - New Trading Perspective Check the previous technical analysis, click below: link to related ideas. I have been posting most of the movements, since Feb 3rd, and the end of the Storm should be it. Even though price already reached 6k, price will re-test the area for the last time, and could reach the 2nd- Short target: 5800,...
I will be keeping my eyes on Monera as I can see a good opportunity to come. If it brakes the resistence at 0.0300 (which is also fib 0.786 level) and pass by 0.0305 it will be a good position to buy (if the potential remains). Even safer would be buying after the return bounce from 0.0325 and 0.0305 levels but I think it will be easily beaten as holders should...
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