#ACHUSDT $ACH broke out from descending resistance line and if today close above it, the conformation as support will be done. then ready to head up toward $0.08 that is the first resistance. if we consider the pattern as falling wedge, target is around $0.106. and target of huge triangle can be around $0.16 (150%) from current price.
Kospi a canary in global equity market. Ascending wedge break Below 233 EMA Below Ichimoku Cloud Countertrend rally bear flag. The next move should be impluse
As you can see there is a visible falling wedge pattern on the one day and the 4 hour chart. You can here see the targets for ADA and the support and resistance points. In around 3 days ADA will reach the bottom of the wedge and attempt to breakout (the chances of this are 73.5%). Stop loss - 1.80, Buy between 1.85-1.9
Non technical indicators that might support this idea; - ETH gas prices continues to be unreasonably high and ETH 2.0 won't be rolled out until 2022 - Shiba Inu might be a sign of the market overheating (We all remember what happened the last time a memecoin entered the top 10...right?)
Gold is still trading in this wedge, tested bottom again and went up. This new 4h candle will show as where Gold is heading with this movement. If price breaks bottom, TP is 1780, but there is plenty of room to go lower. Not gonna lie I'm sick of this wedge. Good luck!
This is more of a lesson of rising wedge than a analyses if it go as planned (don't let the name decieve you! LOL) the starting point and TP are on the chart.
FINTEC ( a controversial stock in KLSE) hit previous Stop Lost @ 0.020. Price now seen like stalled at lower trend line (Cyan Dashed) of possible wedge pattern at RM0.015...Price may have deep pullback toward upper trend line (Red Dashed) of the wedge pattern at around RM0.215 a possible 975% gain...
SIlver prices are climbing higher and higher. Now silver moves within wedge pattern. Breakout to the upside should bring continuation of uptrend
LRC at crossroads currently . Watch for a break of currentline for a short position. However could find horizontal support at 0.52. That said I expect a punt toward new local highs of 0.65+ before opting for a short. Hope this helps you out.
Correction after a strong rally (RSI overbought) Forming a wedge pattern Breaking the bullish pattern should pay attention to the resistances at 1.38084 and 1.38250 Breaking the bearish pattern should pay attention to the supports at 1.3776 and 1.37613
Almost see it Bull flagging to set up for a falling wedge breakout. Good luck everybody!
Here's a quick Look at SHIB 30 min chart . As we can see, the price has been forming a falling wedge and we could see a break either way soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the...
I can also see an argument for a falling wedge here with a breakout that can help us lose that next zero!
WEEKLY CHART This is a classic falling wedge pattern! (I'm a little late to the party.) - Strong volume - Break above $107.10 (break above 50MA) should confirm a continuation of the bullish trend. - 50MA could create some resistance around $101-$103. I like Z $120 Call 1/21/22. I'm already in. (avg. $2.40)
The Rising Wedge broke bear through a H&S pattern. Price is holding, looking for it's Higher Low. With Tech earnings a mixed bag rotations into Russell after the wedge back test are on watch.
GGE is in a rising wedge pattern, no breakout to the downside yet, bit lowering volume Target = 50% Fib
BINANCE:BTCUSDT BTC just invalidated the head and shoulder pattern. The chart is now forming a better pattern in the form of a falling wedge. Will wait for further confirmation before putting up my trade. This may breakout or breakdown.
1 Hour EMA Ribbon on BTC/USD showing support/resistance on this recent price trend. Last time BTC was above the 1 hour ribbon, it failed to hold above it. Now, we are re-testing a critical price level. If BTC holds 60k and stays above the 1 hr EMA ribbon, odds are good of rallying back to top of the falling wedge target of 67k all time high. Neutral outlook until...