Falling
HBARUSDT - buy the bottomThe pattern was successfully broken on the 3-day frame
The currency is now at its bottom
I expect it to reach the March peak during this wave
Best regards Ceciliones🎯
NOTUSDT has formed a Pretty Big falling wedge Pattern!...Notcoin is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅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!!
AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis
Description
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+ AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum.
+ A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher.
+ A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance.
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VectorAlgo Trade Details
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Entry Price: 20.88
Stop Loss: 15.93
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Target 1: 28.10
Target 2: 37.44
Target 3: 48.62
Target 4: 62.34
Target 5: 87.40
Target 6: 99.28
Target 7: 133.97
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
People shoulder head shoulderPeople shows a shoulder head and shoulder pattern on the 4HR and 1D time frame. People tried to go up as normally on a SHS pattern and will fall down again. On 1HR u can make a rising wedge pattern.
What are your thoughts?
This is no financial advice, always DYOR
gold will sell more and morein my previous analysis i told that we are not changing our trading plan without a good reason.we are facing now good effects of that again hited more than 100+ pips.we are not changing plan yet we are still seller gold is trading below range 2355 we can still sell.
to change the plan the gold has to be broken about 2360 range with a candle close above that range ..i am with breakeven .
I Cannot Short This !!! situation+next targets.Hi.
KUCOIN:GTAIUSDT
➡️ the odds of another bullish Movement is Pretty high because the pattern which GTAI is in, Is a Bullish wedge Pattern! Since The break out has happened.
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 Bullish Divergence
🟢 FALLING WEDGE
🟢The break out has happened
✨Targets are:
🎯$2.7060
🎯$3.0200
🎯$3.5000
🎯$4.0165
🎯$4.5580
🎯$5.0490
Previous Analysis:
Stay awesome my friends.
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✅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!!
Tron(TRX) is ready to fallTron has reached and reacted to the extreme orderblock of the minor structure in the daily time frame.
We expect it to start downtrend and fall from this point.
The only way to faild this analysis is a candle closes above the extreme order block, which is also very unlikely.
This is my personal analysis and its not a financial advice.
TSLA and GME showing a very strong correlationI was just looking at both TSLA and GME on the hourly and low and behold, these charts are almost identical. Both inside falling wedges, and both with double bottoms. I'm unsure of the exact fundamentals on this one, but the charts do show that they are moving in unison. Keeping close eye on this.
Falling wedge breakout on TSLA hourlyLooking at the massive falling wedge breakout on TSLA hourly chart. Also notice the oscillator on the Ultimate RSI, just crossed north of 50 and looks like it wants to retest those +70 levels once again. The next supply zone sitting at $240-$242, if we break through that the next zone after that will be $248-$250, and if we break that we should see $255-$265. If not we will break back down to demand at $235-$230. This and NVDA breaking out, along with AAPL could bring a nice lift back up for SPY...
NZDUSD - Top-Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #NZDUSD.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
REEF IMPENDING A YEARLY BREAKOUTIn this chart of BINANCE:REEFUSDT on a weekly timeframe, the price has touched the strongest trendline of REEF as of this date. As a trader, it sparks excitement for a potential breakout that could happen soon.
In this technical analysis, the coin is forming a divergence wherein the price is creating a lower low and our indicators showing a higher low, citing a bullish divergence.
And the price movement clearly shows the diagonal support and resistance lines, leading to this yearly falling wedge pattern. Take a peek on the instances of the coin hitting the trendline (highlighted in red) in this chart below.
Additionally, the month of October and November proved to be special for the coin and it shows the firmness of the resistance line.
If a rejection happens, I will consider this diagonal support for a possible breakdown intraday short play.
Today is weekend, so I don't expect a massive movement for now. Though still on a downtrend, expect a massive increase in the price if it breaks out the year-long trendline. We will have to WAIT for that to happen, it's just a matter of time and patience as I would point out in my previous posts.
Always PLAN your trades and happy trading!
🔥 DOGE Falling Wedge: Wait For Break!DOGE has been trading in a short-term bear trend for a couple of weeks now. In my view, this is a temporary falling wedge which will inevitably break bullish.
Be patient for the bullish break to occur. Stop below the closest swing low, target at the recent highs.
$SUPER Falling Wedge Broken Last Week, and now we are just looking how fare we can go...
We will Hold it till $2.00
#SUPER #SUPERUSDT #Crypto
🔥 CAKE Falling Wedge: Break Out Expected!On several previous occasions I've written about CAKE and the fact that this token is dying. I don't see CAKE perform well in the next bull-run, but that doesn't mean that CAKE can't go up.
I'm looking at the falling wedge on the chart. If we can get a break out in the near future, ideally above 2$, I'd wager that the break out is a success. My target would be 10$. Might be far-fetched, buit seeing that CAKE was one of the major losers of the bear market, there's potential for a big bounce.
AUDNZD - Trading The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AUDNZD has been overall bearish trading inside the falling wedge pattern in blue, and it is currently approaching around the bound of the wedge.
Moreover, the zone 1.0925 is a strong resistance.
🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper blue trendline acting as a non-horizontal resistance.
As per my trading style:
As AUDNZD approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top 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
🔥 APE Falling Wedge & Oversold: Massive PotentialAPE has been one of the weakest big tokens of this year, falling over 60% from the January 1st value.
However, there's some light at the end of this dark tunnel. A falling wedge pattern has emerged on the weekly chart, as well as the fact that the weekly RSI has hit oversold levels for the first time in the (Binance) history of this token.
This trade is risky, because the break out has not yet been confirmed. However, I think it's worth the risk because this token has been losing all year and is due to a bounce. A more defensive strategy would be to wait for a break out of the falling wedge.
Indo Rama Syn - 20 year breakoutIndorama Synthetic - CMP: Around 56
It has given a breakout of 20 years last year and has been doing well, and now it has retested the support level and bouncing back to the previous a couple of decade back
It has given a breakout from the falling channel pattern and looks interesting on the charts and it is a definite portfolio pick that can double your money
Full disclosure: I bought this stock around 53 this morning and I am not a sebi registered analyst, So take the trade understanding your risk. This is only basis technical analysis
Target 1: 68
Target 2: 80
Target 3: 102
You can keep a stop loss if the support breaks but it will be a big stop loss.
🔥 WARNING: Ethereum 6-Year Rising Wedge Break Out ConfirmedAs of last week, Ethereum has broken out of a rising wedge pattern which has been formed at the start of 2017, making it the longest pattern that exists on the ETH chart in recent memory.
Seeing that rising wedges are classically bearish reversal patterns, the risk is definitely to the downside. There's a risk that ETH will see more bearish pressure over the next few months.
If BTC were to make a double bottom like last cycle, I assume that ETH will make a lower-low in the yellow area.
Personally, I'm keeping some cash on hand for this very bearish scenario. Will you? Share your thoughts in the comments.
BTC ANALYSIS🔴#BTC Analysis : ❓️❓️
🔮The formation of Head and Shoulder in #BTC with the confirmation of breakdown shows the continuation of downfall trend. We may see a fall in #BTC📉📉
🔰 Current Price: $26160
🎯 Target Price: $25000
⚡️What to do ?
👀Keep an eye on #BTC price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#BTC #Cryptocurrency #TechnicalAnalysis #DYOR
🔥 HOOK Masssive Falling Wedge Break Out!HOOK has been trading inside a falling wedge for over 8 months now. In my view, a bullish break out of this pattern could lead to a new bull-trend for this token.
Naturally, a bullish BTC will help. Also, this trade could play out over the long-term, so no quick money here. Still, a risk-reward of 20 is very respectable.
I'm waiting for a daily candle to close above the top resistance to confirm the break out.
I'm aware that the bottom support of the wedge doesn't line up perfectly, shouldn't be much of a problem.
Brief Analysis——STMXToday we selected two tokens from the tokens listed on Binance for brief analysis. They are TOMO and STMX.
Like most tokens, STMX has fallen for nearly a year, and maintained a low volatility. On Jul.21, the volatility increased and the price started to pomp with high trading volume, breaking the red dotted line. STMX converts to neutral on a large scale. But after a brief rise, bears strengthened, the price starts to fluctuate and move in the black angle, and finally breaks down the low rail. At that time, STMX turned bearish again on a large scale. In the last week, the price drop almost covered the previous rise. The bulls did not strengthen after the bears decayed. The volatility has decreased to the previous level again.
Conclusion: Mostly falling. The rapid decline covered previous gains, as if the pump never happened. Bears is stronger than bulls. We think the price will fall after the bears come back. We set resistance level at 0.005700 and support level at 0.004180.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Brief Analysis——TOMOToday we selected two tokens from the tokens listed on Binance for brief analysis. They are TOMO and STMX.
In the first half of 2023, TOMO rose with fluctuation, and the low point of each callback was higher than the previous one. There was an upward pin-bar on May.28. After that, the price went into a long period of fluctuation. In the last week the price was near the high again, but consecutive red candles appeared, and the price fell back near the lower rail of the yellow range. The slope of the decline is gradually increasing, and there is no bullish power in the process.
Conclusion: The high probability decline has not ended. TOMO maintains bullish on a large scale, but the bears is stronger than the bulls recently. The decline is likely to continue. However, the current price is close to the lower rail of the yellow range where the bulls will increase. So this conclusion is drawn. We set the resistance level at 1.65, the upper rail of the yellow zone, and set the support level at 0.97.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
