So I started charting this pattern in 2022 it was a falling wedge but on even larger time frames I realized it was not just a falling wedge but a bullish pennant as well. We broke up from this pattern all the way back at the beginning of 2023 and as you can see here on the monthly chart, price action did what it usually does once it breaks up from a large...
Here on the monthly chart things are looking pretty good for a buy at least from here to the pivot point but I imagine much beyond as well.
FARM (Harvest Finance) has been bottoming out for quite some time. If it can move above the upper yellow horizontal, it will get enough momentum to break above the falling wedge on the weekly, and we could finally see a strong move 3-4x or more.
HBAR is breaking out of the daily bar chart's falling wedge after having already broken out of a weekly line chart's falling wedge, both here on the weekly candle chart. Initial targets are near top and bottom of weekly resistance. A move down could re-test wedge top, and this weekly candle needs to close above the wedge (already has daily closes but want to see...
Looking at the 4Hr GME chart, we can see the GME has broken out of the wedge and has formed a Cup & Handle as well and an Inverse Head & Shoulders. Also, the 15 min is showing a Bull Flag breakout. Bulls are out in full force. Quad witching is in 3 weeks also...
Logarithm. Time frame is 3 days. Linear for clarity. The price has reached the historical lows of 2017. The descending wedge is in the final phase of its formation. Percentages show adequate medium-term targets from the breakout of the wedge. Local trend Time frame 1 day. Major trend Time frame 1 month. (published 1.5 years ago) EOS/USD Main trend. Channel
ARB/USDT can make bullish breakout in 4 hours timeframe and makes bullish pennant. must use SL as given here and some targets as shown here in chart.
OANDA:NZDUSD is trading inside the descending price channel. A new downward movement is formed on the background of the growing dollar index, the pair is testing the support, the breakthrough of which can give a strong impulse. A descending triangle is forming on W1, which indicates the weakness of the New Zealand dollar. The price cannot break through the...
RAYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
FX:USDCHF has been in consolidation phase for a long time on the background of a bullish trend, which is formed in the wake of strengthening of the dollar index. There are preconditions that the growth may continue. Today traders are expecting the US GDP, which will be released at 13:30 GMT. In general, expectations are negative, analysts expect GDP to...
US10Y broke out of the orange rising wedge downward. It bounced off of the teal upward trendline, retesting the rising wedge. Last week it also printed inverted hammer candle stick. Next support level would be 3.3%.
While I would never even think of buying Beyond Meat as a product, it does look good as a trade. Earnings yesterday setup a technical rally and a lot of shorts are getting squeezed out of positions. Technically, you can see that price has broken out of a fallen wedge. The first target should be $22. Let's see if we can continue higher from there. I've bought ...
Normalized view on the NASDAQ:MSTR stock price vs. Bitcoin (BTCUSD). On this weekly timeframe you can see, that we're about to get an golden cross (blue MA 50 crosses red MA 200 to the upside). If this price keeps on moving upwards and breaks the triangle/wedge to the upside, it's a clear indicator that one should be better in MicroStrategy than in Bitcoin itself.
I see AAPL forming a possible Falling Wedge pattern….also we had held the $180 support level since we last crossed to the upside back in NOV 2023, retesting a few times since then. I believe we can breakout to the upside retest and continue higher.
Falling Wedge: As Ive mentioned, a falling wedge can be a bullish continuation or reversal pattern. It forms when price action creates a descending channel with converging trendlines, suggesting decreasing selling pressure and potential for an upward breakout. On the daily chart, the consolidation period between January 12th and February 3rd could be interpreted...
As we can see that XAUUSD is respecting a trendline and when it touches the trendline it falls to the downside till the marked support zone and currently it is also forming a rising wedge pattern. Breakout of the rising wedge pattern will result result in a good selling opportunity. Target - 2026.295
Bonk Inu finally regained 100EMA support, time for next bullish wave seems to have come! ⚡️⚡️ #1000BONK/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 5.4% Current Price: 0.013145 Entry Targets: 1) 0.012470 Take-Profit Targets: 1) 0.021189 Stop Targets: 1) 0.008976 Published By: @Zblaba $BONK ...
Hi. BINANCE:RENUSDT ✅Today, I want to analyze REN for you in a Weekly time frame so that we can have a MID-term view of REN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). REN has broken out of a falling wedge pattern on the 1-week timeframe Price appears poised for significant...