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Wedge

DOGS → Double bottom favors resistance breakoutBINANCE:DOGSUSDT is forming a double bottom followed by a breakout of trend resistance. Quite a promising situation, provided the bulls hold their defenses above 0.00081. After the listing, the coin flies to the moon due to the dump, but after the appearance of a strong seller or lack of interest from the buyer, against the background of weakening support of Pavel Durov arrested in France, a market phase change to a “dump” is formed. Technically, a double bottom is formed on 4H, followed by the renewal of local lows and the breakout of trend resistance, which indicates the formation of a market bottom. At the moment, the cryptocurrency market shows bullish dynamics, which can affect DOGS accordingly Resistance levels: 0.000885, 0.000938 Support levels: 0.00081 After the dump the coin has good chances to show already adequate realization. If the bulls keep the defense above 0.00081, we will have chances to get on the train to the north, to the targets 0.00096, 0.001, 0.00117 Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:DOGSUSDT ;) Regards R. Linda!
Long
by RLinda
1
ORDIUSDT: Major Breakout or Breakdown Imminent – Are You Ready?Yello, Paradisers! Have you been watching ORDIUSDT closely? Well, it's showing signs that could lead to a big move! Let's break it down. 💎ORDIUSDT is currently testing a key descending channel and has flashed a Change of Character (CHoCH) towards a bullish market structure. Not only that, but the chart has formed an Inverse Head and Shoulders pattern, which further boosts the chances of a bullish breakout. 💎If ORDIUSDT manages to break above the resistance zone and close a candle above it, this will confirm the Inverse Head and Shoulders pattern, significantly increasing the likelihood of a bullish reversal. 💎On the other hand, if there's a pullback, we could see a bounce from the support zone. However, to confirm this bounce and give ourselves the edge, we’ll need an Internal Change of Character (I-CHoCH) on the lower timeframes. 💎But be cautious. If the price breaks down and closes a candle below the support zone, it would invalidate our entire bullish setup. In that case, it’s wiser to step back and wait for a better opportunity to present itself. 🎖Patience is key here, Paradisers. Remember, only the disciplined and strategic traders make it far. Stick to the plan, and don’t let emotions drive your trades. Stay focused! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Atlassian Corporation (TEAM) -Ascending Triangle Breakout TargetOverview: Atlassian Corporation (NASDAQ: TEAM) has been forming an ascending triangle pattern, which typically signals a bullish continuation. The stock has broken through a key resistance level at approximately $165, indicating potential further upside. Technical Setup: Pattern: Ascending Triangle Breakout Level: ~$165 Target Zone: $190 - $200 (as shown in the highlighted area on the chart) Trendline Support: The upward trendline has been acting as a consistent support, guiding the stock higher since mid-August. Earnings Catalyst: With earnings approaching, the release could act as a potential catalyst to expedite the completion of this pattern, either causing a breakdown below the neckline or a temporary rebound before further selling pressure. Price Action: The recent breakout above the horizontal resistance around $165 signals the possibility of a bullish move toward the target zone of $190 to $200. The breakout is confirmed by the price action breaking above the consolidation range and holding above the previous resistance. Key Dates: Short-term Target Date: Potentially reaching the target by December 2024, with further continuation into 2025 depending on market conditions. Risk Management: A breakdown below the trendline support (~$160) would invalidate the setup and may suggest a reassessment of the position.
NASDAQ:TEAMLong
by Killahherb
Bitcoin will exit from pennant and continue to fall to 59KHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago entered to wedge, where it at once rebounded from the resistance line and fell to the support line, breaking the support level. After this movement, BTC started to grow and soon reached 57600, which coincided with the support area, broke it, and made a retest. Then it a little, after which made a correction to the support level and then made an impulse up to the resistance line of the wedge, which coincided with the 64000 level with the seller zone. Bitcoin some time traded near this level and later broke it, after which even exited from the wedge, but then it started to decline inside the downward pennant. Later price broke the 64000 level and dropped to the support line of the wedge, turned around and in a short time rose to the resistance level, but a not long time ago it turned around and fell to the support line. Now, the price trades near this line and I think it can rise a little and then continue to decline, thereby exiting from the pennant. For this case, I set my TP at 59000 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
31
BTCUSD Come on Baby, You are Ready to Bullrun1. Current Price Action Price is trading at around $64,719, approaching the previous all-time high of $67,752. There appears to be a breakout from a downward wedge pattern, indicating a potential continuation of the uptrend. The price target projected from this wedge is aiming towards higher levels. 3. Future Price Targets 1.272 Fibonacci extension is marked at $100,214, which seems to be the next major target on the upside if the price breaks above the previous all-time high ($67,752). The chart suggests that there’s a good probability of Bitcoin rallying towards this level if bullish momentum continues. 4. Trend Analysis The breakout from the wedge is significant, as wedge patterns often signal the end of a corrective phase. The breakout suggests that the market could resume its bullish trend after the consolidation. If Bitcoin sustains its price above $67,752, it would likely confirm a new bull run, with Fibonacci extensions providing potential targets for the next leg up. 5. Support Levels On the downside, the first major support is around the 0.786 Fibonacci retracement at $49,793. Below that, significant supports include $39,099 (0.618 Fibonacci level) and $32,992 (0.5 level).
Long
by YogaID
GBPUSD - Follow the Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPUSD has been overall bullish, trading inside the rising wedge in orange. Moreover, it is approaching a structure marked in green. 🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the structure and lower orange trendline acting as a non-horizontal support. 📚 As per my trading style: As #GBPUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
6
BITCOIN - Price can bounce down from wedge to $59000 pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price declined to support line and at once bounced up to $60900 level and soon broke it. Then, price made retest and continued to move up to resistance line, after which it turned around and declined to support line. Next, price rose to resistance line, but soon started to decline inside wedge, breaking $64300 level at once. After this, price fell to support line of wedge and then bounced up to resistance line, after which started to fall. In a short time, BTC fell to support line of wedge, but recently it rose higher than $60900 level, breaking it. Now, I think that price can rise slightly and then bounce to $59000, breaking support level and exiting from wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
7
NOTHING !!EGLD is forming a falling wedge on Daily timeframe , Up we go if we do breakout. ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Bitcoin - Time to buy again!Finally, Bitcoin broke the symmetrical triangle and the price can fall to the support zone. also 53k is a good price to buy again!!! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
37
GOLD - Price can little move up and then back up flatHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price bounced from $2625 level and rose to $2670 level, after which made small correction. Then price made movement up, higher than $2670 level, but soon it turned around and started to decline inside wedge. Price fell to support line, which coincided with $2625 level, and later bounced up to resistance line, where some time traded near. Next, Gold made fake breakout of this line and some time later bounced down, thereby exiting from wedge. Also, price broke $2625 level and started to trades inside flat, where at the moment it trades close to $2625 level. So, I think that price can rise slightly higher than $2625 level and then fall to $2605 bottom part of flat. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
3
MYRO has good signals for continuing the bullish movementAfter reaching the support area, the price has a good upward movement and is in a good position to climb, the downward trendline is breaking and after closing the candle above the trendline, it can be ready for growth. Targets that can be touched in the future: 0.16800 - 0.28000 -0.3800 Support range: 0.05700 - 0.06600 ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
BITCOIN → Bearish Pressure !!!Bitcoin failed to go beyond 63.800 so the price may fluctuate around $60.000 In addition, the bearish wedge shown in the chart can be a negative signal. Recently analysis (Daily) And (weekly) and ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
3