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Fallingwedgepattern

RSR in a falling wedgeRSR seems to be forming a falling wedge and according with Fib retracement we're on a potential reversal level, however we're also close to a resistance around 0.04USDT (not shown here not to mess up the chart) and we're currently below ichimoky cloud and EMA 200. Basically we need a volume to increase to push price over such resistance zone. RSR could go another 2 bounces inside the wedge before breaking upward, should this be the case I expect price to orbitate a little bit below 0.618 but not to touch 0.786. If buy volume spikes I think we can break at the next touch of the wedge's upper resistance. If you wanna enter do it now and set a stop loss at 0.033USDT from current price (0.037 at the time I'm writing). You can also use a lower SL if you want, I think this is due to another pump which, eventually will take it over 0.1USDT. Overall it's a good buy, even to hold for mid and long term. Good luck
by Shotokhan
1
SMBR Breakout Falling Wedge - IHSGPrice has closed above the falling wedge upper resistance. Putting a trading plan in motion. Disclaimer: This content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. Accordingly, the writer will not be liable in respect of any damage, expense, or other loss you may suffer arising out of such information or any reliance you may place upon such information.
IDX:SMBRLong
by Phoenix-Rise-Trade
#AUDUSD Golden ,symmetrical ,falling 😉analysis: -on 1D time frame we show a Golden Cross⭐️ -on 4H time frame we show a symmetrical triangle pattern -on 1H time frame we show a falling in a opening wedge For confirmation : Wait for the insurance of technical patterns on small frames , such as Double Bottom , Head and Shoulders , and others. Targets: TP1@0.93090 TP2@0.93800 TP3@0.94381 For more analyzes and our encouragement do not forget: -Follow us -Support us with the like button 👍 -Write a comment
Long
by mohamed_Abdullah7
💥BITCOIN LAST DUMP BEFORE IT PUMPS😳Please support this idea with a LIKE👍 if you find it useful🥳 I expect a fall to $27,800 before rising again. As indicated on this chart, we have a falling wedge pattern that price is stylishly following. From my previous idea here, I said a breakout from the 2nd triangle determines the next move. And I also made mention that if price breaks the 2nd triangle downward, it would fall to the 2nd triangle at $27,700 which is exactly what is manifesting on the chart. Back to today's idea. We can all see price approaching the lower trendine at $27,800 to make it the 3rd support. Thereafter, a reversal should follow and price will start soaring higher. What do you think? Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
BINANCEUS:BTCUSDShort
by PetrockFxTrading
11
GRT-USDT (break from descending channel) DAILY VIEWHello all! 😄 This idea is short, these are just some targets for GRT that I expect to see if ETH and BTC can maintain bullish momentum. GRT (The Graph) is a solid investment in my opinion. We have seen price action break out from current structure/descending channel-wedge shape. Think about taking some profit at the ~💲1.18 level for safe trading. Trade is invalid if we break below BLUE trend-line Let's see and always remember 🔽🔽 🛑This is not financial advice, use a stop loss🛑 Any thoughts 💭🤔, questions🙋‍♀️🙋‍♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you! Jazerbay💕
Long
by jazerbay
27