Price reacts on support at 50% Fibo level. Possible continuation of uptrend from now or from lower 61.8 Fibo retracement. Breakout from descending wedge pattern would be confirmation of uptrend resume.
It seems we have an ascending wedge formation on the 3h timeframe Further confluence would be to 1.Wait for the break of the structure 2. Look for a lower timeframe structure for dirty (it could be a flag, triangle or even a smaller wedge) It's a long way down patience pay There's enough time to plan the trade and trade the prepared plan
The price is testing the confluence zone on 1.4$ zone. as you can see on the upper chart, the price is testing the daily resistance after the breakout from the falling wedge on the lower chart, on 4h Timeframe, the price is creating a rising wedge after the flip of 1.3$ resistance as I said in my previous analysis How to approach? the price needs to invalidate...
Will go long in case of a pullback or a clear brake with above average volume , generally i like to wait for a retest of the trendline but sometimes thats just not possible. Target is the upper trendline of the wedge that was drawn on de 1h timeframe. The long forecast is just in indication of where i want to enter the position, not the exact Entry, TP and SL. If...
The price is creating a falling wedge on the daily timeframe, and the market retested the daily support on the dynamic support and static on 0.17$ On the 4h timeframe, the price is creating an ascending channel and the market is trying to have a breakout from the daily resistance on 0.26$ How to approach? If the price is going to have a breakout and retest the...
i've seen many other views one the BTC market and it's more difficult to understand this one unless you look at it from the daily prespective . hereby a reupload .
The price had a huge bearish impulse, bounced on the weekly support on 0.3$ and had a new breakout. The price retested the previous support as new resistance and the market went to test again the previous weekly support on 0.2$. Connecting the lows and the highs, the price is creating a falling wedge exactly on the weekly support. How to approach? We are...
The price bounced on the monthly support of 100$ after a false breakout from it. On the daily timeframe, the price is creating a falling wedge exactly on the monthly support. In 4h timeframe, the price is testing the resistance on 115 after a first breakout. How to approach? If the price is going to have a breakout from the 4h resistance and dynamic daily...
The price got rejections from the descending dynamic resistance on the daily timeframe and bounced on the weekly static and dynamic support on 0.4$ On the daily timeframe the price is creating a falling wedge on the weekly support and now the price is trying to have ha breakout from the upper trendline and static resistance on 0.52$ On the 4h timeframe, the...
Bitcoin had a bounce from our weekly support after a dump due to war, the price created a V shape. On the 4h Timeframe, the price is testing a key level on 39600 on the daily resistance on 0.5 Fibonacci level. If you look on the left you can see an accumulation before the previous bearish impulse, it means that this area is so strong to break. the previous...
The price is creating a falling wedge on the 4h timeframe inside a descending channel. The market is testing the daily resistance on 6$, it's a key level A falling wedge marks the corrective phase in this measured move-up formation. Note the receding volume trend of the wedge. How to approach? IF the price is going to have a breakout from the 6$, According to...
The price is testing the 0.786 Fibonacci level on the daily timeframe after a breakout from the falling wedge and a rejection from the daily resistance on 0.4$ On the 4h timeframe, the price bounced exactly on the previous support and dynamic one on 0.2$ How to approach? IF the price is going to lose the support and retest the previous support as new resistance,...
im new to the whole technical analysis thing, but tell me if this looks like a bullish continuation signal to you? CRYPTOCAP:TOTALDEFI
SXPUSDT is testing the daily resistance inside a falling Wedge. IF the price is going to have a breakout from the daily resistance and retest as new support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. ...
$ETHUSD next Target PTs 4,100-4,500-5,000 and higher WYCKOFF RE-ACCUMULATION WITH BREAK OUT Fewer lower highs and lower lows Breaking out of resistance with reverse pattern SUPPORT AND RESISTANCE WEDGE REVERSAL SUPPORT LEVEL OF CONSOLIDATION is PT 3,226 First resistance level of PT 3,600 was broken and bullish reversal was indicated As a main target we can take...
Shiba inu .. falling wedge pattern Soon it will explode.
Looks like the wedge I was talking about yesterday has broken out but got a rejection from the 4h symmetrical triangle former support. It it likely in my opinion that BTC will come down to re-test the breakout level. But the volume is a bit lagging behind in my opinion. I think I’ll play the re-test of this bounce and it will tuen out to be something like this in...
I think TLM will be bullish if the bitcoin settle in a good state. And there are lots of resistance colored by red in the chart. The coin broke up a falling wedge pattern and will be bullish. I hope this happened before the bear market.