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Rising Wedge

Btcusd : Bitcoin sharp price actionBINANCE:BTCUSDT Hi trader's , Bitcoin after yesterday fed news of interest rate Price went down with immense pressure and hit 50 ema of 4hr 50 ema support's the buyer's and price went up sharply again price trading around daily resistance , if candle of daily closes below 28350 than u can see a downtrend for next few day's vice versa if candle closes above than u can see upward movement to 30k mark , where major resistance can push market down again ❤️ Please, support my work with follow ,share and like, thank you! ❤️
Short
by INVESTRONE
Bitcoin - 10% crash, pullback is very likely! Bitcoin is likely to go down, because this falling wedge is breaking down and also because the impulse wave has been completed! 10% crash is the minimum at this point, but we could go even lower. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. As you can see, we have 2 trendlines, and both of them are breaking down. In my opinion, this trend is already overextended and we should see a bearish retracement. We have a lot of unfilled GAPs below the current price, and usually gaps act like a magnet, sooner or later. This is a quick update on the Bitcoin price; if you want more updates on lower timeframes, make sure you hit the like button right now so I know you are interested! Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
91
BTC BREAKS DOWN! READY TO TEST $25K BEFORE FOMC!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC breaks down the rising wedge in 1hr time frame. Also, breaks below the 50MA. High chance that we see a pullback up to $25k-$25.5k level before the FOMC meeting yesterday. Invalidation:- Breaks above $28.5k will invalidate this bearish scenario. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
4
Bitcoin's Battle! Bulls vs. Bears! (TA - FA)Bitcoin is currently trading at $27,280, which is near the upper Bollinger band of the 4-hour timeframe. This indicates that Bitcoin is trading at a relatively high price compared to its recent price range, and it may face some resistance at this level. The RSI of 56 is in the neutral zone, indicating that Bitcoin is neither overbought nor oversold. The Fibonacci retracement levels of the 4-hour timeframe are also important to consider. The 0.5 Fibonacci level at $25,827 may act as a support level if Bitcoin faces a price correction, while the 1 Fibonacci level at $23,900 may act as a stronger support level. On the other hand, the 0 Fibonacci level at $27,757 may act as a resistance level if Bitcoin continues to rise. The volume oscillator of -18% suggests that the trading volume of Bitcoin has decreased recently, which may indicate a lack of interest from traders. However, the MACD of 792 is in positive territory, which suggests that the momentum of Bitcoin's price is currently bullish. The Stochastic oscillators of 75 also indicate that Bitcoin is currently in a bullish phase. The 4-hour EMA 50 of $25,042 may act as a support level if Bitcoin faces a price correction. This is also near the 0.5 Fibonacci level, which strengthens the support level. The middle Bollinger band of the 4-hour timeframe at $26,563 may also act as a support level. On the daily timeframe, the Fibonacci retracement levels are also important to consider. The 0.5 Fibonacci level at $22,399 may act as a strong support level if Bitcoin faces a significant price correction, while the 1 Fibonacci level at $25,250 may act as an even stronger support level. The daily timeframe also suggests that Bitcoin has been in a bullish trend since it broke above the 0 Fibonacci level at $19,549. The recent news that Bitcoin's market dominance has hit a 9-month high as altcoins turn red is also worth considering. This indicates that Bitcoin is currently outperforming other cryptocurrencies in terms of market capitalization. However, this could also indicate a potential shift in the cryptocurrency market, as investors may be moving away from altcoins and towards Bitcoin. Bullish scenario: If Bitcoin continues to hold above the 4-hour timeframe 0.5 Fibonacci support level of $25,827 and the daily timeframe 0.5 Fibonacci support level of $22,399, it may continue its bullish trend. In this scenario, Bitcoin may break through the 4-hour timeframe 0 Fibonacci resistance level of $27,757 and the 4-hour timeframe upper Bollinger band of $28,418. The MACD of 792 and Stochastic oscillators of 75 both suggest that Bitcoin's momentum is currently bullish, and if these indicators remain positive, Bitcoin may continue to rise and potentially reach new highs. In conclusion, Bitcoin is currently trading at a relatively high price compared to its recent price range, and it may face some resistance at the upper Bollinger band of the 4-hour timeframe. However, the momentum of Bitcoin's price is currently bullish, and there are several support levels that may prevent a significant price correction. The recent news of Bitcoin's market dominance may also have an impact on its future price movements. Bearish scenario: If Bitcoin falls below the 4-hour timeframe 0.5 Fibonacci support level of $25,827 or the daily timeframe 0.5 Fibonacci support level of $22,399, it may indicate a potential shift to a bearish trend. In this scenario, Bitcoin may face resistance at the 4-hour timeframe 0 Fibonacci resistance level of $27,757 and potentially even the 4-hour timeframe middle Bollinger band of $26,563. The volume oscillator of -18% and the recent news of Bitcoin's market dominance hitting a 9-month high as altcoins turn red suggest a lack of interest from traders and a potential shift away from altcoins to Bitcoin. If these indicators remain negative, Bitcoin may continue to fall and potentially test its solid support levels at the 4-hour timeframe 1 Fibonacci level of $23,900 and the daily timeframe 1 Fibonacci level of $25,250.
by MonoCoinSignal
38
Ethereum - Trendline from 2015 is breaking down! (unbeliveable) This is very negative news for ETH because this trendline on the monthly chart from 2015 to 2023 is currently breaking down! It's the first time you see this very important info, so make sure you follow me to not miss updates that no one talks about. What does it mean for ETH? There is a great chance that investors are going to sell ETH completely or sell ETH and buy BTC instead. Both are negative for the price of Ethereum. Expect some bad news on Ethereum; currently, we do not know what it's going to be, but it's probably going to happen, and very soon. 2 scenarios can happen. The first is that BTC will rise drastically and ETH only slowly. The second is that BTC will drop and ETH will drop even more with a big red dildo.  This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. If we take a look at the 20-month moving average, the price is currently below it, and historically, it has been a pretty good indicator. From the Elliott Wave perspective, the ETHBTC pair is moving in ABC 3-wave patterns all the time, which is no surprise because this is not a trending market. ETHBTC doesn't have a trend; it has choppy price action, something like EURUSD. I expect the ETHBTC pair to go down by 75%, which is a reasonable level to convert into ETH again. It's also the 0.5 FIB retracement. I am sure you like this information that no one is talking about; now do your own due diligence on ETH. Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
68
XAUUSD : Gold SVB Ralley Near to EndOANDA:XAUUSD Gold is trading in extreme bullish pattern Gold is rallied more than 1000 pip's in last 1 week Big reason is downfall of banking sector collapse of SVB and other banks people shifting money in precious metal like gold 1865 is touching of upper trendline of rising wedge Rising wedge is a bearish reversal pattern Gold will target 1920 area and in extension 1890 area this month ❤️ Please, support my work with follow ,share and like, thank you! ❤️
OANDA:XAUUSDShort
by INVESTRONE
3
VIST - Rising Wedge *Energy stock*On the chart, we can see a rising wedge occurring for an energy stock. We expect it to break the support zone and hit our target, which has a potential reward of 25% MACD is showing strong indications to the downside. Bearish divergences on the RSI. As with the previous published energy stock, we expect a downside just like the majority of the energy stock have been facing lately. We are therefore catching up on the remaining stocks from this sector.
NYSE:VISTShort
by vf_investment
3
MPC - Rising WedgeOn the chart, we can see a rising wedge holding its support, which we expect a breakout of. Overall, the energy sector have been performing extremely well during the last year, as a result from the Ukrainian/Russian war, but has been dumped big time during the first quarter of 2023, and we therefore expect the rest of the stocks from the sector to follow this trend - including MPC. Both RSI and MACD are showing bearish indications. Keep in mind that the shown target is based on technical analysis only, and further downtrend is possible.
NYSE:MPCShort
by vf_investment
2