Descending Broadening Wedge Potential Descending Broadening Wedge with possible breakdown of breakup between 28-32K. I am curious to hear feedback.
Descending Broadening Wedge
DESCENDING WEDGENice descending wedge forming on 1D chart of BA. The confirmation might be over the low smas (9,20) and obviously a break out over the wedge resistance line. I am bullish for the next week and see big potential for this sector. Nice support on the 100sma. Just an amazing play it would be 😋😍
DOGE DESCENDING WEDGE UPDATEMy Previous 0.36 alert went off, so this is an updated analysis.
N.B I am still very new at this and I think this might be bullshit, but let's see how it plays.
L&T FINANCE DESCENDING BROADNING WEDGE.L_TFH (L%T FINANCE HOLDING) FORMED DESCENDING BROADNIG WEDGE ON WEEKLY TIME FRAME.
CAN GIVE SOME AMAZING RETURNS.
YOU MAY WAIT FOR SOME CONFIRMATION.
LUNA -USDT 🌓🌔 nearing the end of it's descending wedgeHello traders and investors!
Here we see LUNA-USDT coming to the end of its wedge, here we will either see it break above our lines depicted above, and create support as it moves onto our fib based extension targets, or it will break down from our support rectangle depicted above.
This is a short post, let's wait and see what happens to LUNA for it's next impulsive move!!!
Would love to know what YOU think about this decentralized currency mined to support TERRA blockchain😃🌚
🛑🛑THIS IS NOT FINANCIAL ADVICE🛑🛑
Always watch BTC as it has ~50% dominance at any given time recently, any sudden drop in BTC could greatly affect this token, always have a stop loss set for your safety
Trade on !!
Jazerbay 💗
Measured move on $LUNABTCThis is a daily chart.
Bullish descending wedge with a breakout attempt on the 26K satoshi level.
Ichimoku indicators need to change to bullish for me to consider entering this trade, besides a bullish candle close outside of the top of the wedge.
No bearish divergences present. Probable Wave 1 on Elliot Wave theory.
Currently retesting on top of the wedge.
AI - The Time Has Come to Go Long - 1.618 Fibonacci Retracement
Opinion only.
Looking for a strong reversal very very soon here.
FOLD gap to fill on news MACD on Daily crossed
Huge gap to fill
Presentation the 18/03 -- globenewswire.com/news-release/2021/03/15/2192643/0/en/Amicus-Therapeutics-Announces-Presentation-and-Posters-at-the-2021-MDA-Clinical-Scientific-Conference.html
big potential up
EURNZD - Bull Run Started! Do NOT MissEURNZD has been ever so clear. We can clearly see that the ending diagonal has been completed and now the start of the bull run has begun. Waiting for a correction to get in on the next impulse higher.
See links below as to why we're anticipating this move and more in-depth analysis.
Trade Safe!
SPX in a Descending Broadening WedgeEquities are selling off as interest rates on long-term Treasury bonds continue to climb.
The SPX has broken out of an ascending parallel channel and is now trading near the top of a descending broadening wedge.
If this pattern holds, the SPY could fall below 365 before finding support.
The MACD and Stochastic Oscillator confirm this bearish trend:
- Weak bearish divergence on the MACD
- Stochastic is near overbought condition and falling.
Furthermore, the 1h 200 EMA has crossed above the 50 EMA.
Possible Long movement on AUD/USDRSI divergence indicates that price is going to upper levels within the descending wedge.
ETH in descending broadening wedgeEthereum has been in a descending broadening wedge. These patterns are around 80% bullish, but I think that we still have another dip left in this wedge before the rebound. What do you think? If ETH breaks $1550 in a significant way we're probably on the way up, but if not I think we'll test $1350 again.
Descending Broadening Wedge on BitcoinGuys, I'm really not 100% sure, but it currently looks like a descending broadening wedge to me. I have rarely taken this pattern here, but would it match or do you agree? Am very grateful for some discussion topics and also very curious.
It would at least confirm the theory that we are once again seeing the long awaited correction to the 44K or maybe even 41K.
Bullish Descending Broadening Wedge forming on BTC. 55K target!!Bitcoin had a moderate correction and has been consolidating but price action seems to be forming a bullish descending broadening wedge, with a price
target of 55K. But first we must break out of the wedge with confirmation. Also recent bullish news from the corporate influx is on the bullish sentiment. If we
break down from the wedge our price target would be between 40k-43k. Safe trade my friends and remember to never lose money and put in your stop losses
and take profits with each trade. Happy trading to everyone :)
No risk, No reward!!
NZDCAD long trade idea (update!)Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CLOV Squeeze SetupWe have a descending wedge squeezing into a point, strong Friday AH volume, Oversold RSI popping out of the downward trend, MACD turning positive, price sitting on the original investment price for the IPOC spac, large short interest, earnings on Monday and the Clover Assistant technology showcase Tuesday. If there was ever a recipe for a short squeeze, this is it.
1st Target the 38.2% fib retracement around $12.50.
Almost 100% gain quickly- Reverse Head and shoulder
- End of the descending wedge (Bullish downtrend)
- Solid fundamentals
- Free of debts
- fair current value
Descending Broadening Wedge PatternChart shows the possibility of the Descending Broadening Wedge Pattern and it's target.
Descending Broadening or falling wedge
Statistics of the descending broadening wedge after a bullish movement
- In 79% of cases, the exit is bullish.
- In 23% of cases, a descending broadening wedge occurs in a consolidation movement.
- In 81% of cases, the pattern's price objective is achieved when the resistance line is broken.
- In 40% of cases, the price makes a pullback in support on the descending broadening wedge’s resistance line.
www.centralcharts.com
NANOBTC Descending Wedge BreakoutLong and strong; in USD terms could end up anywhere from $30-200 depending on BTC's price action. Currently $6.20 in USD terms.
USDCAD - What's Next?Price has been within a descending wedge since May 2020. Descending wedges usually break upwards. So what can we do?
We can either:
1) Wait for price to break the descending wedge and then find entry reasons for a BUY
2) Working within the parameters of the wedge and look for shorting opportunities
USDCAD - What's Next?Price has been within a descending wedge since May 2020. Descending wedges usually break upwards. So what can we do?
We can either:
1) Wait for price to break the descending wedge and then find entry reasons for a BUY
2) Working within the parameters of the wedge and look for shorting opportunities
