Sol could crush soon if will break down of big rising wedge. It is still a potential for 2x but not more
I don't know just trying let's find out do your own ta not a financial advice thanks. Leading diagonal completed as expected.
In preparation for a new uptrend, a bullish response came after the bearish. But I think a short-term Rising Wedge Formation". I think it can test the levels between 0.00000085-0.00000090 by falling again. Because fluctuations are needed for a good trend and a steady rise. This dog will need ripples to get to better places and will need opportunities to hold more holders.
Trendline and support below at around $0.30 - $0.20. Very possible with a similar sell-off to last year but either way is a gamble near ATHs. Bit of a wedge forming as well should we hold up.
Buy opportunity as the pair has broken up and retested the support area.
DISCLAIMER ON, this is my personal trading plan, AUDJPY timeframe H1 forming continuation "falling wedge pattern" and price breakout from the line, SL max 84.540 - TP 87.080
If we consider MANA past leg , chart gone from 0.6 to 4... We see a Ascending Channel Pattern Fibo is saying everything () TP : Fibo extention of the break out leg from wedge SL : Fibo retracement Note : As always this is just an idea open positions at you own choice of risk
BINANCE:XRPUSD XRP - The majority of the greedy sheep in the markets will be saying 'XRP is so dead bro look at the weekly' yes the weekly is range bound but this is what XRP will do. We will go quiet for ages, people will then take their money out trying to chase these pump and dumps then by the time all other alts boom, xrp will follow suit and likely last
Good earnings on Monday, may provide a timely catalyst.
1)Falling Wedge Pattern 2)We see valleys that are getting smaller every time 3)We have good support at level 37 4)Trendline is finally broken, but it's not strongest! 5)Therefore can wait for the pullback 6)Entry trigger can be a reverse pattern such as hammer, Engulfing and etc. What do you think about ICP? Warning: That is not a buy or sell offer, It is just...
#Bitcoin (Update) In Daily timeframe Chart, Bitcoin is forming Bullish Flag Pattern but Not Completed Yet. According to Flag Pattern, Bitcoin might retest the 55-56k Area Before Upside Breakout.. If Flag Broken Upside, Expecting +35% Bullish Wave in Coming Days (Maybe Late November) Please like the idea for Support & Subscribe for More ideas like this and...
Okay so I waited a week for the price action. $34.50s (I call $33 but I was wrong but I was okay with $34 because $36 bounce was unlikely to me) was the bottom and we explode to $44.21 before selling off. Expect a bull pennant this week into next week. If we breakout this bull pennant. Expect $48 the resistant again and creating a rising wedge to the $50s again. I...
BINANCE:COMPUSD COMP is showing falling wedge candle formation and RSI on 4hr chart, MACD histogram showing a double bottom with negative momentum waning. This weekend should be interesting.
Price at year's Lows. This wedge could trigger daily chart reversal. May want to cut size into earnings.
Bullish divergence, 61.8 bounce, Falling wedge broken. probability of upside is high. NFA
We have seen some bearish moves; Monetary Policy Report, 4 November 2021 gives bearish signs for GBP. now we will see some sell force going to 147 - 149 levels, we can sell for short target 151.700 - 151.400 before some buyers enter at this support level. probably we can see the price reverse but in general the JPY is strong right now.
Underwent correction after falling out of bearish wedge. U can see the candlestick support structure in this area from fall 2020. Also there's the 100sma on the weekly (Greenwave) that aligns there perfectly.
Falling Wedge Breakout, one could play a gapclose here. Buy In: 34.50$ Stop: 32$ TP1/2/3: 42$/46$/52$