1. Buy zone between 57-59k with a fairly long consolidation after. 2. CRYPTOCAP:BTC Has broken out of its rising wedge and is bearish for the time being. 3. Most of the long Liquidity is at $62k to $64k. 4. I do recon $57- GETTEX:59K is a fairly solid buying area although I don't rule out going lower. 5. Once that buy wick at GETTEX:59K pointed at in the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago fell to the buyer zone, which coincided with the support level, but at once rebounded and started to move up. But soon, BTC made a correction to the 61400 level and after this, the price made a strong upward impulse to 68500 points, but at...
bitcoin and gold were flying and now silver also flying price is overbought and it has made rising wedge chart patten
Hi traders, there is a chance that retracement of this very bullish movement of bitcoin will come soon. The primary trend remains bullish but since the bullish movement is a bit exhausted given the rising wedge pattern shown in the movement, we expect BTC will go down to 68000. Good luck! I am seeing there is possibility BTC will go to 55.000 before continue...
If we take the teal bull pennant and only measure the pennant part which is also a falling wedge, the target we get from the breakout has just been hit by our current price action. I felt that was worthy of posting a chart bout. Though bitcoin has already achieved a new all time high days ago, the entire market cap for all of crypto is still just below it’s...
AMEX:SPY is looking at a possible wedge breakdown with a bearish MACD divergence and heavily stacked overhead resistance levels. 3/15/24 Bearish EOD targets 512.03, 508.98, 505.91
XJO has recently broken out of a rising wedge on a daily. MACD has now also crossed, showing bearish divergence on a daily. Finally, as at today's close, XJO has completed a head and shoulders pattern on an hourly. The measured move is 150 points to 7,550 although 7,565 looks a little more realistic. Stops just above the right shoulder at 7,750. BBOZ time!
Everything looks set for FTX to pop out of the current $2.60 region to reclaim $3 and possibly higher. Few days ago I shared my larger time frame analysis which sees the price of FTX coin BINANCE:FTTUSDT going all the way back above $6. Today, I’m looking at the lower timeframes and I think the opportunity is present for traders to nibble some profits as the...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined in falling channel, where it fell to support line and then bounced up to resistance line. After this, Euro exited from channel, entered to wedge, and made downward impulse to $1.0735 level. Then price tried to rise, but failed and declined...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Some time ago price moving up in rising channel, where it bounced up from $3380 level, which coincided with support area. After this, ETH rose to resistance line of channel and then made downward impulse lower $3380 level, breaking it and exiting of...
Hello everyone! Haven't heard from me in a while? 😁 Today, I suggest taking a closer look at Loopring #LRC. On the chart, a descending wedge pattern of technical analysis is forming. I think the asset is finding its bottom around the 0.236 Fibonacci level, and after that, it will break through the descending trend line of this pattern. Potentially, you can gain...
NZDJPY has given the clean breakout of long term consolidation and strong bullish divergence indicating the buyers are getting ready for strong upside move. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 92 followed by 93.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue. How high can SOL climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round...
VeChain (VET) is a blockchain platform that aims to improve supply chain management and traceability. The VET/USDT trading pair has been exhibiting fractal patterns on the daily chart, which can be used to identify potential trading opportunities. Fractal Analysis: Repeating patterns: The VET/USDT chart has been forming a series of repeating patterns, such as...
DOGE broke out of a weekly wedge that targets 94 cents. Logarithmically, 94 cents is quite near its previous ATH. This could suggest it's headed towards a double-top with a slightly higher high just under or just above 1 dollar.
Lotus is currently flashing a broadening wedge pattern. Assuming the bottom is not yet in and another leg down is in order we're looking at a measured move of 66% from the next likely bottom on the lower trend.
Popular layer-1 digital asset, Solana COINBASE:SOLUSD , looks ready to revisit its all time high, around $259. My thesis is that Solana will continue to lead the charge this Crypto Bull Cycle, coming second only to BITSTAMP:BTCUSD . Recall that in the last quarter of 2023 we saw the coin rally over 463% from mid-October to the end of the year. Over that same...
AFRM is tightening into a wedge on the daily chart. Trying to break out and now sitting up above all three major EMAs. 12% short interest could add fuel to the fire if this decides to squeeze.