TaherJalili

TaherJalili

This is just my opinion, This is not an investment advice. Looks good? Leave a like, share and leave a comment. Thanks for visiting. STAY HOME , STAY SAFE

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bearesh market

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Ascending Triangle

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The pattern is now going to complement the shoulder part. The price is likely to fall to the range specified in the chart And let's not forget all this is valid when #bitcoin is not a strange move. Support me by pressing the Like button.

TaherJalili Updated 

BINANCE:ALGOUSDT A rising wedge in an uptrend is considered a reversal pattern that occurs when the price is making higher highs and higher lows. As the chart below shows, this is identified by a contracting range in prices. The price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually...

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BINANCE:ALGOUSDT Remember that the pattern will almost never be perfect. In time you will get used to recognizing it and filtering the good ones from the bad ones, it just takes time and practice.

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Full body breakout Maybe it will form a double top to go higher, or drop further following a mean reversion.

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Full body breakout

TaherJalili Updated 

Ideally, the falling wedge will form after an extended downtrend and mark the final low!!!

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The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this...