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Rising Wedge

Bitcoin Might be Heading to $29,000This is a correction post from my previous post as Tradingview Ideas are uneditable & undeleteable after 15 minutes. According to the price target of Head and Shoulders pattern in Daily timeframe here, Bitcoin will inevitably hit $29,000. There is also a rising wedge pattern that is forming right now. Rising wedge is a bearish pattern. The broken bottom support of the wedge will thus strengthening the idea of Bitcoin will soon be taking a dip. Please tighten your trailing stop if you're hodling. Please also see my Weekly chart analysis.
Short
by UnknownUnicorn2898427
USDT.D BREAK DOWN! BULLISH FOR BTC AND ALTS!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT DOMINANCE update. USDT.D looks bearish here. USDT Dominance is breaking down from the rising wedge-like structure. Looks like it is ready to fall from here. As you know USDT Dominance is inversely proportional to the BTC. So if USDT.D falls so we can expect a rise in the price of BTC. I'm expecting a good positive rally in the market for the next two weeks. BTC chart (Posted earlier) also indicates the same thing. If you did not read that update then check it out (Link given below). What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:USDT.DShort
by CoreCrypto1
KNC/USDT : Breaking below the wedge, But still into channel!BINANCE:KNCUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $KNC has formed an ascending channel and it's currently moving into it, On other hand, there was a formed rising wedge that got broken by recent candles. This rejection has come with an opportunity for us to locate our Short toward the channel's lower! If you're not interested in the market's bias yet; Then you can wait for the channel's rejection and locate your Short on a proper retest of the broken channel... Be advised that if any rejection happens below channel; Then the main support are $4.35 and $3.55! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
23
GBP/AUD Downtrend May Resume on Wedge BreakoutThe Australian Dollar may resume gains against the British Pound following weakness since early April. GBP/AUD's bounce has been slowing, and now a breakout under a bearish Rising Wedge is in focus. Further downside confirmation could hint at downtrend resumption, placing the focus on the early-April low at 1.7175. Beyond that sits the 2018 and October 2017 low. This is as the 50-day Simple Moving Average could continue maintaining a broader downside bias, holding as resistance in the event of a turn higher. Otherwise, confirming a breakout above 1.7887 could precede further upside progress towards the March high. FX_IDC:GBPAUD
Short
by QM_Dubrovsky
1
BTC/USDT : Moving into a rising wedge!BINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $BTC has formed a range here on current weekly's movement. Also, there's a formed rising wedge that currently covers $BTC's movement. Based on the data we have, If $BTC breaks below the wedge it should drop to the lower range's level. For now, we have the confirmation for possible Longs till $40600 as $BTC's moving above $39200! I'm looking for two possible movements to Take Position on... - Sweep on Range's high, And look for Short on any rejection. - Break below the rising wedge and take any possible retest into pressure lines ( Broken support or broken pattern ). On another side; If $BTC manages to hold above $40600 till the new weekly open. There'll be a chance for bulls to push the price above $40800 towards $42400 in Monday's range. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
56
This is what I see as a very possible scenario #btclongtermbulHey everyone, Here is my refreshed Daily view on BITCOIN. More Controversial traders won´t agree with me as I guess majority of you is bearish because of RUSSIAN-UKRAINE situation, but chart looks bullish for me and that is what matters personally 4 me if I ignore emotions which are bad for trading proper technical analysis balanced and correct R:R trading setups then it screams buy on me. As breakout with retest played out for me I see this situation like a very solid long position setup with a very nice R:R which could bring in next 2-4months up to 150-210% gains with 3x leverage Breakout with retest "zoomed" in another reason why I see this bullish is that we are forming higher lows since Januray #btclongtermbul ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
BNC:BLXLong
by Anoinvest
4