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Wedge

Hamester Analysis !!!as you can see HAMSTER is in the Broadening Wedge it means Price can grow up if This pattern breaks. ✨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!!
by CobraVanguard
6
POPCAT → Bearish Pressure !!!As you can see, a Bearish wedge has formed on the daily timeframe, which means it is time for a price correction , every uptrend has to be corrected, that's the nature of the market. ✨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
1
NOT's Situation: What Shall we Expect !!!COINEX:NOTUSDT Finally, Notcoin was able to break the wedge as I mentioned. Now, reaching the targets shown in the chart is not out of reach!!! Previous Analysis ✨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
1
BITCOIN - Price can turn around and start to decline to $63000Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago, price entered to wedge, where at once bounced from resistance line and fell to support line. Also, BTC broke $58200 level, but later price bounced from support line, reached this level, and broke it again. Then it made retest and continued to move up to $63400 level, which coincided with support area. When Bitcoin reached this level, it made a gap and then a long time traded near $63400 level, trying to break it. Recently, price broke this level and rose to resistance line of wedge, where at the moment continued to trades near. Possibly, BTC can rise a little higher than resistance line and then bounce down to $63000, exiting from wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
8
NZDUSD → Resistance Retest. Fed meeting ahead... FX:NZDUSD is set to go higher. The price is breaking the local resistance within the uptrend. There is an important event ahead, which can affect the price quite strongly... On D1 the market is hinting at bullish prospects, a retest of the global resistance is forming, which divides the market into 2 parts... Traders are waiting for the FOMC and FED meeting at 18:00, where officials will decide on the interest rate cut. The main question is 0.5% or 0.25%. The first will be a strong bullish signal for the currencies, the dollar will accelerate its downward movement on this background. The second value may slightly disappoint traders and the market reaction will be ambiguous. In any case, the general course of rate cuts sets the main tone in the market, it remains to wait only for specific numbers. Support levels: 0.61528, 0.61244 Resistance levels: 0.62095, 0.62544 Technically, the bullish trend continues, as hinted by the local situation on the chart. Traders believe in the favorable background. I believe that the Fed's decision will strengthen the general market trends and in this case the currency pair will head towards the upper boundary of the channel.... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:NZDUSD ;) Regards R. Linda!
Long
by RLinda
4
Coinbase at a Crossroads: Rally to $340 or Drop to $100?**NASDAQ: COIN (COINBASE) 1W/1D** On the **Weekly timeframe**, : In my previous analyses ( ) the Golden Cross on the daily moving average was noted, indicating bullish momentum at the time. The price was in a Rising Wedge formation, a pattern often signaling an upcoming downward move, especially in the context of an Elliott Wave count where we were in Wave 3. This strong upward movement at the time allowed for further rises, but also warned of a possible correction in the form of Wave 4. Now, a few months later, after reviewing the chart, I have slightly extended Wave 3, in which this impulsive wave also displays a clean 1-2-3-4-5 pattern. The previously mentioned correction has been in play. The price is currently at the support line of the earlier Rising Wedge. The question now is whether Coinbase can bounce back again or whether further decline towards the underlying #fibonacci levels will follow. **On the Daily timeframe**, : We can see that the downward correction, which began in July 2024, has reached a bottom around $146, fitting within the larger correction from the weekly analysis. The price now appears to be recovering slightly towards the #ema 50 at $187.67, which is a resistance level. The momentum is supported by a strong #stoch, but it is currently in the overbought zone, indicating a potential cooling off. Key levels to watch are the #fair-value-gap around $187 and $216. If the price breaks through these resistance levels, it could lead to further upward movement towards $240, ultimately completing Wave 5 towards $340. However, if momentum decreases, a fallback towards the previous bottom at $146 or the psychological $100 remains possible. **Conclusion:** Although there is room for further rises towards $240 and eventually $340, signals such as the overbought #stoch and proximity to resistance levels also point to a potential cooling off. If momentum decreases, the price could retreat to previous lows around $146 or even towards the psychological level of $100. **Resistance levels:** - $187 (#ema 50) - $216 (#fair-value-gap) - $240 (resistance line from the rising wedge formation) - $340 (Wave 5 target) **Support levels:** - $146 (previous bottom) - $100 (psychological level) *Disclaimer: This is not financial advice. Always do your own research and carefully assess your risks.*
NASDAQ:COIN
by Tims.Technische.Analyse.
Market Analysis for GBPUSD We are currently trading within three distinct bullish channels: Macro Channel: This long-term bullish channel has been in play since October 2022, reflecting a sustained upward trend. Medium-Term Bullish Ascending Wedge: Originating from the $1.26 support level established on August 8th, this wedge pattern has been guiding price action. It is crucial to monitor this structure as it often signals a potential breakout or breakdown. Micro Channel: This smaller channel is derived from the lower support of the ascending wedge and has been forming as price action continues to respect its boundaries. Recent Price Action On Tuesday, September 24th at 7:00 PM EST, the price reached $1.343, a key resistance level. This level not only reaffirmed the integrity of the micro channel and the medium-term ascending wedge but also aligns with a significant daily support/resistance level. Additionally, it sits within the golden pocket of a Fibonacci extension drawn from the $1.26 low of the wedge. Following this rejection, the price declined to establish a minor low at $1.331 on the following day at 5:00 PM. This level is pivotal as it represents the potential support needed to maintain the bullish structure of the micro channel. A successful retest of this level could sustain the bullish narrative, while a breach would signal a breakdown. Currently, the price is exhibiting soft highs and lows, with a recent low around $1.336. The consolidation and the lack of strong buying pressure during the New York weekend closure suggest that the market is indecisive. Bullish Scenario If the price stabilizes and forms a minor ascending triangle, a bullish breakout could be expected, potentially leading into a larger ascending triangle formation. This pattern often resolves to the upside, with a breakout likely on Monday or early Tuesday. Bearish Scenario The more probable bearish scenario is a breakdown below the $1.33 level, which would invalidate the micro channel’s bullish structure. A move towards $1.32, the lower support of the ascending wedge, would then be anticipated, signaling a deeper correction. Key Levels to Watch Immediate Resistance: $1.343 (Confluence of macro and micro channel resistance, Fibonacci golden pocket). Micro Channel Support: $1.331. Critical Support: $1.32 (Lower boundary of the ascending wedge). A break above $1.343 would reaffirm the bullish momentum, while a decline below $1.331 could trigger a bearish move towards $1.32. Stay vigilant for price action around these key levels as they will define the next directional move. May The Force Be With You All.
Short
by kokenbakensoda
2
BEAMX/USDT: READY FOR A 200% MOVE TO THE UPSIDE!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! BEAMX looks good here. It breaks out from the falling wedge-like structure and looks ready for a 200% move to the upside. Buy some now and add more in the dip. Entry:- CMP and add more up to $0.017 Target:- 150-200% SL:- $0.0152 What are your thoughts on BEAMX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Bitcoin's Breakout from a Wedge Pattern: Heading Towards $66,000hello guys. let's dive into btc analysis after the previous analysis: Broken wedge pattern: The chart shows a clear breakout from a descending wedge, a bullish reversal signal, indicating a potential trend shift. Upward channel: After the breakout, Bitcoin has been moving within an ascending channel, which provides a strong bullish structure for price movement. Support and resistance levels: Immediate support can be found near $62,000, while the next target on the upside is projected around $66,000. Potential pullback: A minor retracement within the channel might occur, but overall momentum remains bullish as long as Bitcoin stays within the channel. Bullish momentum: With the strong volume and the breakout from the wedge, the next logical resistance area to test is around $66,000 or higher. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
7
GOLD : High Probability of 2700 and Can go Down to 2400 !! As you can see, a Bearish divergence has formed on the weekly timeframe, which means it is time for a price correction , every uptrend has to be corrected, that's the nature of the market. ✨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!!
FOREXCOM:XAUUSDShort
by CobraVanguard
3
Injective (INJ): A Setup You Shouldn't Miss!Injective's chart is setting up for something big. Let's look at what's brewing and how you can make the most of it! Key Chart Observations ‣ EMA200 Test: INJ broke above the crucial 200 EMA. This is always a key level to watch for any trend reversals. If INJ can hold above this level, it will signal a major shift in momentum. ‣ Descending Channel: Besides the EMA, INJ is on the verge of breaking out of its descending channel. This channel has been intact for months, and a breakout here could trigger a significant rally. What’s Next? We could see an explosive move if INJ confirms the break above EMA200 and moves out of the descending channel. Given the chart structure and momentum building, I expect a potential 65-70% move from here, with the first logical target around the $38-$40 range. Trade Setup ‣ Entry: Watch for a daily close above the EMA200 and the upper boundary of the descending channel (~$24.00) ‣Target 1: $30 (+30% potential gain) ‣ Target 2: $38 (+65% potential gain)Stop Loss: Set below $20.00 to manage risk The volume supports the price action, and if we can break these key levels, the path to a massive upward move is clear. -- Key Facts about INJ: - Market Cap: $2.25b - CMC Position: 44 - Trading Volume (24h): $135m - Circulating Supply: 97m - Total Supply: 100m
Long
by ben_walther
3
HBAR looks to be forming a nice Cup & Handle pattern!HBAR has been on an absolute tear as of late, but it appears that the momentum is slowing. If it does, it is likely to pull back deeper into the wedge pattern and is also likely to form a 'handle' pattern to accompany the cup it has now formed. This would be a great opportunity to short as the handle forms and go long once it has bottomed and the price action breaks out, finishing the pattern. Good luck, and always use a stop loss!
BINANCE:HBARUSD
by MetaShackle
3