`- GAMEFI -METAVERSE - NFT bit related capabilities - Binance Launch Pool product - Waiting for the gamefi and NFT trends in 2024` **- Looking at the volume and chart, it appears that the stock will be collected about 6 months ago. - Before that, there was a tree that broke out and now it's back in the collection area, so the entry to buy in the collection area...
… Breakout Trading trend line breakouts can be a profitable strategy if done correctly. Here's a general guide on how to trade trend line breakouts: Identify a Trend : The first step is to identify a clear trend in the market. Trends can be upward (bullish), downward (bearish), or sideways (neutral). Draw your trend line connecting the lows in an uptrend or...
$AUDIO looks ready For breakout Key Takeaways. A breakout is when the price moves above a resistance level or moves below a support level. Breakouts can be subjective since not all traders will recognize or use the same support and resistance levels.
$RPLis breaking out huge accumulation box in daily timeframe 👀 Expecting a Massive Bullish Wave 📈 Trading breakouts from huge accumulation zones involves identifying areas where significant buying or selling pressure has been building up, and then executing trades when the price breaks out of these zones. Here are some steps you can follow: 1. **Identify...
breakout done Falling wedge in 1w TF Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. - Identify converging trendlines where the...
A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend. Next bull run will be mind blowing cuz there’s a whole lot of project that will do 100x ...
** CRYPTOCAP:BNB performing bullish descending triangle in 1week ** Trading a bullish descending triangle involves identifying a specific chart pattern and implementing a strategy based on the expected price movement. The descending triangle is a continuation pattern that usually forms in an uptrend and suggests a potential continuation of the bullish trend....
It is trying to break the resistance 0.0090-0.0092. If it is able to break it, it will have a wonderful rise, God willing ✅ ✅ Trading around weekly resistance flips involves identifying key levels on a price chart where the market has historically shown a tendency to reverse. Here are some steps to guide you through this process: 1. **Identify Weekly Resistance...
BTC bullish CLASSIC divergence rsi RSI Hidden Divergence Trading Examples Some traders identify a hidden divergence and jump into the market immediately. But I find it more useful to think of a hidden divergence as an alert for possible continuation setups. Once the alert is issued, we can start looking for continuation trade entries. Short-term bar patterns are...
**$STPT Breakout and retest inverse head and shoulders pattern ** The inverse head and shoulders pattern is a reversal pattern that can indicate a potential change in the trend from bearish to bullish. It consists of three troughs: a lower low (head) between two higher lows (shoulders). Here are the steps to trade the inverse head and shoulders pattern: 1....
What is a trendline break and how to trade it? There is a breakout when the price crosses an important level. However, not all breakouts are created equal. There are preconditions for a breakout to be considered relevant: Consolidation before the breakout. A significant increase in trading volume. Indicating investors’ enthusiasm to push the price as far as...
#DXY The dollar has reached the reversal zone (Harmonic Enlightenment pattern) The decline prediction fails with a daily close above 108.14. Otherwise, we wait for the green targets The "Butterfly" pattern is a technical analysis pattern used in trading, including cryptocurrency trading. It is a specific type of harmonic pattern that traders use to identify...
GLM looks good for Next Move A resistance flip breakout trade is a trading strategy used in technical analysis, typically applied to financial markets like stocks, forex, or cryptocurrencies. Here's a breakdown of the components: 1. **Resistance**: Resistance is a price level at which an asset historically struggles to move above. It represents a point where...
Descending Broadening Wedge Pattern Explained A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines . A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines multiple times as the trading range expands during the...
** NGM:RVN BREAKOUT Falling wedge in Weekly TF And also retested ** Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. - Identify...
CRYPTOCAP:SHIB Performing Falling wedge in Weekly TF soon Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action...
Trading a descending broadening wedge pattern involves a systematic approach to identify potential entry and exit points. Here's a step-by-step guide on how to trade a descending broadening wedge: **1. Identify the Descending Broadening Wedge:** - First, you need to recognize the pattern on a price chart. Look for two converging trendlines with the upper...
LRC performed Descending Broadening Wedge A descending broadening wedge is a technical chart pattern often observed in financial markets, particularly in stock trading and forex. It is a type of wedge pattern that indicates a potential trend reversal from a downtrend to an uptrend. Here's a breakdown of the key characteristics of a descending broadening...