Falling Wedge
CARDANO's movement in Coming Days!!!🤑The ADAUSDT Broken the Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- Falling Wedge Pattern
- Bullish SAR dots
❗and the Upward signals of market momentum are:
- Divergence in MACD
✅The price has been able to break this pattern upwardly. This means the price will be flying for now and we shall expect it to reach even higher levels.
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
🤑The rich invest in time, the poor invest in money.
🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹
✅Warren Buffett
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⏮️Previous Analysis:
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Have a nice day and Good luck.
PEPE - 77% crash ready, but re-buy exactly here! (best meme?)
I think PEPE is a great coin, but we need to buy it cheaper. The 0.618 FIB retracement is a reasonable level to buy the PEPE coin if you believe in another pump. There should be one more pump to new all-time highs after the ABC correction.
This coin is very volatile, which is definitely a good sign for all traders because the volatility increases the chance of success. But for holders, the volatility can be something like a roller coaster. 77% dump is very possible.
If we take a close look at the waves from the start of the small bear market, we can clearly see an impulse of 12345, which suggests pretty strong selling pressure. It indicates that the ABC correction is probably in play, and we need to complete it before we can continue to a new all-time high.
PEPE coin is ranked #66, which is still not that high. It's a pretty good meme coin, and that's why I think the bull market is not over yet.
I recommend this coin for all intraday and swing traders because the volume is pretty high and the volatility is as well.
In this analysis, I told you where to buy PEPE for another huge pump if you are interested in this coin but don't want to FOMO-in!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin is starting something big! (Elliott Wave)
Bitcoin is very bearish, and I expect lower prices. We have a strong bearish Elliott Wave base (a symmetrical triangle), and on the chart you can see my primary Elliott Wave count. This strong Elliott Wave base is an indication of a big crash.
The price should not go above 27666 (only a wick is allowed above this level). This is a strong resistance because of the previous wave (1), and wave (4) should not go into wave (1) territory. But I have an exception for this ruse, so I allow a very small overlap. Usually there are a lot of orders, and the market wants liquidity, which is why sometimes they overlap. Also, it depends on exchanges.
The bullish Elliott wave count is different. The symmetrical triangle could be an ABCDE triangle wave B, and we have just finished the ABC correction. In this case, the ABC correction could be completed, and we are ready to go above 31k. It's possible, of course, but my primary outlook is bearish. But if you are bullish, you can take this count into consideration.
In the next few weeks or months, Bitcoin will reach 21k and 15k after that at the end of the year. 10K is possible. We need more data to establish the target for the bear market, and we need to wait for the price to develop.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
What I personally recommend is to take only shorts on futures and avoid longs until the end of the year.
This s a quick update on BTC. Thank you, and for more ideas, hit "Like" and "Follow"!
✅I Cannot cannot Short This !!!🤑The BTCUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Bullish Channel
- The Bottom of the Wedge area
- Falling Wedge Pattern
- Moving EMA100
❗and the Upward signals of market momentum are:
- Divergence in MACD
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
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GODREJPROP AT MONTHLY 40 SUPPORT #GODREJPROP down 60% from all-time highs & testing the confluence of supports! Price retesting horizontal breakout + primary trendline support since 2014. Monthly RSI @40 Support which indicates Value Buying in stock. Good For Investment Point of view. On Weekly + Monthly TF Price formed a falling wedge Patten and price also very close to upper downward trendline .After Breakout Good move can be seen in coming days. Wait for a higher high on daily before going with a full position. Price might consolidate for a few more weeks. Chart Showing perfect low Risk & High Reward Setup. Find Perfect Entry in Lower Timeframes. Positional Targets:- 1200/1355/1500+✔️
APTV - Finding Its SupportAPTV is currently looking for a support line which it is very close to!
The support line is highlighted in solid green
I have also drawn a few patterns two falling wedges and one falling broadening wedge, or falling megaphone
Bullish once price starts to bounce off the trend line.
Potential Falling Wedge Formation on ATOM/USDT 1D ChartGreetings traders!
I would like to bring your attention to a notable chart pattern forming on the ATOM/USDT 1D chart. The price has been consolidating within a significant falling wedge pattern, which is yet to experience a breakout. It is essential to closely monitor this pattern as it has the potential for a significant price movement.
Key Observations:
1)Long-Term Support Trendline Break: The price has recently breached a long-term support trendline, indicating a bearish sentiment. This breakdown adds to the significance of the falling wedge pattern and the importance of monitoring its potential breakout.
2)Resistance at Midrange: Currently, the price is below the midrange level, which acts as a strong resistance zone. This reinforces the importance of waiting for a decisive breakout from the falling wedge pattern before considering bullish positions.
3) The price has reached the upper resistance trendline of the falling wedge pattern but encountered selling pressure and was unable to break above it. This rejection emphasizes the significance of the resistance zone and adds further importance to monitoring the pattern's breakout for potential bullish opportunities.
Positive Signals:
1)Stochastic RSI Cross Up: A recent bullish crossover has occurred on the Stochastic RSI indicator, marked by a white circle. This suggests a potential shift towards bullish momentum in the price action.
2)Relevant MACD Cross: The MACD indicator has shown a bullish crossover (M↑ symbol in blue), indicating a potential trend reversal or the initiation of a new bullish phase.
Please note that the analysis shared here is for informational purposes only and should not be considered as financial advice. It is always recommended to perform your own analysis and consider other factors before making any trading decisions. Remember to trade responsibly and stay updated with the latest developments in the market. Happy trading!
Disclaimer: This content is intended for educational and informational purposes only. Trading involves substantial risk and is not suitable for all individuals. Past performance is not indicative of future results.
SELL TRADE SETUP ON EURAUDHey Traders,
Check this sell trade on EURAUD out.
The Market is in complete bearish momentum and the price is making a free fall for it.
Watch out for the completion of the pattern, touching the upper band of the channel and then look for a sell opportunity on a smaller timeframe.
Stay patient.
EURUSD: Bullish Gartley: Falling Wedge: Bullish DivergenceEURUSD has formed a Falling Wedge as it's headed towards the PCZ of a Bullish Gartley and the MACD has started to Bullishly Diverge. If we have a repeat of last time, we will see EURUSD continue up from here upon breaking out the wedge and holding the levels.
ADAUSDT's situation+next targets and expected movements.🤑The ADAUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- The Bottom of the Wedge area
- Falling Wedge Pattern
❗and the Upward signals of market momentum are:
- Divergence in MACD
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
BTC unbeatable bullish chart patterns Hi dear community members and my loyal followers. I hope you are fine.
I would like to bring your attention to this macro analysis with innumerable and beautiful bullish chart patterns.
As you remember 6-8 months ago when BTC bottomed at 17.5K/a real bottom/ in June 2022 and 15.5K/spring/ in November 2022 with double bottom I publish a lot analyses and told you BTC bottomed and we are going to 28-30K.
Back that time I published weekly Megaphone bullish chart pattern with 85K target/link below this analyis/, also I posted weekly falling wedge chart pattern with targets as well. Today I want to add 3 more chart patterns to those 2. BTC fromed daily bullish megaphone chart pattern, Inverse Head and shoulder chart pattern and reverse descending chart pattern.
I'm bullish on BTC in 2023-2024 and expect min 48-52K in 2023 maybe 60-62K.
BTW if you check all my previous analyses you we'll see how I nailed all major moves from 15.5K till now.
If you ckeck my previous analyses you will understand besides these chart patterns what are other factors that make me think so and stay bullish. For short term as I posted in my previous analyses I don't expect BTC to drop below 25K, that is my worst case scenario, I even think BTC bottomed at 26.6K maybe could drop to 26K with wick taking out liquidity below 26.5K.
I expect BTC to pump to 35-37K zone and fill weekly FVG.
Below this analysis I will post targets for the above mentioned chart patterns.
If you like my analyses don't forget to like, retweet, comment, follow me for further updates.
I will appreciate any single like, comment and follow. Have a good day, I wish you good trades and huge profits.
Can TURBO give up to ➕300% profit❗️❓The logo of the TURBO token is a 🐸 frog 🐸, like the PEPE logo, but this frog is an astronaut. Does TURBO really become a 👨🚀 spaceman 👨🚀?
In order to understand whether TURBO is ready to fly or not, we must check its technical conditions on the chart.
⚠️First, we must be very careful about MEME projects, and you should not invest all of your capital or a large part of your capital in these projects; always look at the empty side of the glass.⚠️
It seems that TURBO has succeeded in forming a Falling Wedge pattern so that the volume of trading near the apex of the wedge has increased well.
I tried to specify a 🔫 Trigger 🔫 on the chart for you, but it is better to add the TURBO token to your portfolio according to your own strategy (be sure to check the fundamental conditions of TURBO ).
Do you think TURBO could be another PEPE?
Turbo Analyze ( TURBOUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XRDUSD falling wedgeAfter a huge price increase XRDUSD is now forming a falling wedge. It was wildly overbought. It must calm down what happend because the whole crypto market had a cool down period. As said the pattern is a falling wedge which is a bullish sign. Much will depend how the whole crypto market reacts of it will breakout to the upside or downside...
BTCUSDT 1W INSIGHTAt the time of writing, Bitcoin is trading in the range of 27,400 to 27,600. This level suggests a period of consolidation and potential market indecision. However, it is important to note that a bullish order block has been identified at the 17,000 level. This indicates a strong support zone, which could provide a foundation for upward price movement in the future.
Furthermore, the stochastic oscillator, a popular momentum indicator, is currently indicating an overdue condition. This implies that the market may have been overbought and could potentially experience a correction in the near term.
In my professional opinion, a market correction seems likely based on the available information. However, please remember that market movements are influenced by numerous factors and involve inherent uncertainty. Therefore, it is essential to conduct your own research and exercise caution when making investment decisions.
Looking ahead, if Bitcoin undergoes a correction, it could create opportunities for traders and investors to enter the market at more favorable prices. However, it's crucial to note that the potential target price of 100,000 or above, which I anticipate in the coming months or years, is purely speculative and should be treated as such.
In addition, recent events such as the Bittrex bankruptcy have not significantly affected Bitcoin's price, which can be viewed as a positive sign of resilience and market stability. However, it is important to stay informed about developments in the cryptocurrency space, as unexpected events can influence market dynamics.
Remember, this analysis is based on technical indicators and my own perspective. It is always wise to consider multiple viewpoints and consult with a qualified financial advisor before making any investment decisions.
#TATAPOWER: Falling Wedge Formation with Possible Breakout TATAPOWER, a stock that has been forming a falling wedge pattern with potential breakout and reversal levels.
As you can see from the chart, #TATAPOWER has been forming a falling wedge pattern, with the price oscillating between two downward sloping trendlines. This can be a bullish signal, as the stock is trading in a contracting range and may be preparing for a breakout to the upside.
A breakout could occur if the stock closes above the 210 level, which would indicate a potential reversal in the short-term downtrend. It's important to keep in mind that a breakout is not guaranteed, but it's worth keeping #TATAPOWER on your watchlist to see how the stock performs in the coming days.
In terms of support levels, there are two key levels to watch: 188 and 177. If the stock breaks below these levels, it may indicate a continuation of the downtrend and could lead to further downside.
However, if the stock does break out above 210 and shows a strong close above 208, it may be a good opportunity to buy the stock. There are potential targets for the stock at 233, 250, and 270+.
In summary, #TATAPOWER has been forming a falling wedge pattern with potential breakout and reversal levels. It's important to monitor the stock closely and wait for a strong close above 208 before considering a buy.
ADA Falling Edge vs BTCSeems to me ADA is making a massive falling edge against BTC which is a bullish pattern.
The worst might be over for ADA, so i converted euros to cardano today.
Surely some bumps ahead but nothing serious imho.
After selling ADA at 2,2 dollars two years ago, and calling the peak (check my TA in 17th May 2021), I return to my beloved ADA.
Good luck.