Eliq is a Swedish tech company that specializes in the analysis and visualization of energy data.
Göteborg, Vastra Gotaland, Sweden
11-50 people
Series A
Private
eliq.io
Göteborg, Vastra Gotaland, Sweden
11-50 people
Series A
Private
eliq.io
Comment:
Here we see a Falling Wedge.
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line. The measured move (arrow) has been placed at the bottom terminal point for a breakout of the falling wedge.
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line. The measured move (arrow) has been placed at the bottom terminal point for a breakout of the falling wedge.
Trade closed: target reached:
Measured move reached with golden ratio 1.618
hello@eliq.io
Phone Number
+46317620701
Eliq is a Swedish tech company specialised in the analysis and visualisation of energy data. Our aims are threefold: enable energy suppliers to engage with their customers via real-time personalised information communications; to reduce energy waste by helping households understand their consumption, and by extension, help consumers manage theirenergy costs.
Eliq changes the way energy utilities engage with their customers: using machine learning and a Software-as-a-Service solution for real-time monitoring and optimising electricity use.