It is interesting how the price has formed these patterns which are exactly the opposite and result in exactly the opposite outcomes Kinda like they are pairing themselves together? Thought it was worth a post
Long-term trade outline. This will unfold at some point in the future. A potentially very big rising wedge on AAPL. Significant because it is occurring across the procession of all-time highs. Not sure of resolution date. Difficult to estimate because of sheer scale and how early on in the form this analysis is. Trying to estimate it out using EW but count...
NASDAQ:TLRY Long on Tilray, federal legalization is looming and the arguably largest canadian player has a foot in the US door. Coupled with the fact that were in an absolutely tremendous long term support zone, nearing the end of a beautiful wedge. Lookout below $12.35. I'm long Leaps but this is not financial advice, please trade at your own risk.
XLMBTC is creating a falling wedge on the daily support, IF the price is going to have a breakout, 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. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure...
In the 4H chart it can be seen that BTC is testing the diagonal support. If we break down out of the rising wedge, we can get a retrace to the 45.1K level. We’ve also got to keep in mind the bearish divergence on the daily. There is a descending channel forming on the 1H. If it breaks to the upside that could mean a small price bounce. I’m waiting for a...
looking from a zoomed out perspective, i have seen the rising wedge we created for the all time high, i now looking at where we are can see we are possibly in a rising expanding wedge, with the end drop dependant on where we break, i have used the common thought of the 51k ish area to provide an idea of where we could break down to cheers love to hear your thoughts
BTCUSDT is testing the 0.618 Fibonacci level inside an rising wedge. We are watching for the next opportunity. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
LTCBTC is inside a falling wedge. IF the price will have a breakout, 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. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black...
XLMBTC is creating a falling wedge on the weekly support. IF the price is going to have a breakout, 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. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure...
LTCUSDT is testing the daily resistance after a breakout from a falling wedge. 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. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ...
NYSE:BA I find this one tough to trade. Gets some momo & then dumped on. Bulls def stepped in when they needed. Always on watch. Looking for that upside break & hold.
VETUSDT is testing the weekly resistance inside a rising wedge. IF the price is going to have a breakout and retest the previous resistance 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. 🔵...
After a very nice profit ( check it ) the price is creating a falling wedge above the weekly support. IF the price will have a breakout upward, we can look for a long position according with our academy, otherwise if the price will lose the weekly support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp...
LRCUSDT is creating a falling wedge and now the price is testing the previous resistance as new support. A long scenario is valid only if the price will have a breakout from the wedge and from the weekly resistance, otherwise, if the price will lose the 4h support, we could see a retest of the weekly support. According to Plancton's strategy (check our Academy),...
ICPUSDT is inside a falling wedge and now the price is between two 4h structures. IF the price will have a breakout upward and retest the current resistance 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 ->...
VITEUSDT is creating a falling wedge on the daily timeframe and now the price is testing the daily resistance. IF the price will have a breakout from the wedge and retest the current resistance 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...
Whoever read "Fundamental News" knew That JP Morgan "Fair Price" for TopGlove is Rm 3.50.. Do we think that Mr. Market would help us making our bank account fatter easily by grabbing Rm3.50?! Probably Nope! It will "torture" us, testing the limits of our patience!!! Until we lost "our own belief"!
As you can see there has been a rough resistance at the 74-75 levels and it has been like this since August 2018. For me, the volume speaks volume and if you are to compare the volume levels to the previous volume levels we have got something juicy. Each time at this 75 dollar level we have never experienced high volume and finally, it has come! Quadruple top on...