LendBTC: Falling Wedge Breakout + Inverted Head and Shouldersthere are a falling wedge breakout and inverted Head and Shoulders on the chart of LendBTC and both of theme are big bullish signs.
All information and possible targets are provided on the chart, so you can open your position accordingly.
Due to BTC instability please place your stop loss tightly.
Hit the like if you agree on the this idea.
Wedgebreakout
ICX/BTC!STP Crypto Alert 5/19/20 @everyone -- Swing Trade - - - 4hour chart looking bullish - Swing Trade
Ticker: ICX/BTC
Entry: 2900-3100 sats
Take Profits:3200, 3300, 3400, 3500, 3600, 3700, 3800 --> 4500-> (measured move of the falling wedge) --> 5-7k sats is longer term target of the fib extension!
Stop Loss: 5-7% stop loss however you wish to implement (depends on your entry)
Good luck Traders!
Consolidated DollarSeems that the DXY is in consolidation mode and needs to breakout soon. Not sure if it will be fueled by an event, but somehting is going to initiate breakout soon. More likely to the downside as I'm predicting. Expecting price to drop to the downside of the wedge and can be possible that it breaks for a possible retest to go further down.
RIOT Falling Wedge - Possible BreakoutWEEKLY PRICE CHART - PRICE ACTION BEFORE AND AFTER BITCOIN HALVING 2016/2020
As we can see from the chart there is a falling wedge forming from around mid 2018. In the near future in going to breakout and have the most possibilities to breakout on the upside following the post-halving bitcoin price action in the mid and long term that is definitely bullish.
CHART
- The blue marks, signs the main resistance/support levels in the pre-halving price action.
- The orange vertical lines are the dates of the bitcoin halving at 2016 and 2020.
SCENARIOS
1. The falling wedge is most possible generally to breakout to the upside. In the short term is gonna break, it is near the end.
2. The bitcoin halving is one day and of course in the short term there is a lot of sellouts and dumps that is logical but in the short and long term is always bullish.
3.This company is so close related to the bitcoin price and it out of the few company listed on NASDAQ that working with blockchain space.
So i think i the mid and long term is gonna be bullish.
This is just my opinion, its not an financial or trading advice. Each person must do its own research before investing in the market.
Expecting ONT/USDT to rise after an uncertainty period. Expecting ONT/USDT to rise substantially before the next weekend. Expecting it to break out of the wedge and the momentum should be enough to test the daily level at 0.49
POWR/BTCSo if you followed our last idea $TLRY we saw a big move coming and it sure did :)
So, in this analysis we are looking at a cryptocurrency called Power Ledger or POWR. We think this will have a big move in the coming days here to around 1k sat area! GL traders :) feel free to checkout our youtube, facebook, and discord channels!
UNH buy out of wedgeNYSE:UNH
Great wedge forming off earnings with volume drying up a bit and price action getting tight. A buy through 298 against 285 looks good.
Bharti Airtel forming a perfect wedge patternThe daily chart of Bharti Airtel shows a accumilation zone from 525 to 550. This zone is crucial, a break out on the upside can move the stock to upword of 600 which is the previous high. However the breakdown would mean the longs accumilated would soon close their positions and would take the stock downward of 500. Would be interesting to see what happens this week
Upward Wedge Bear ContinuationHere we see how it broke the upward wedge and it could possibly continue down for a nice short entry. I am hoping to get it before it continues down.
Possible restest to continue down after break of upward wedge At 1D we see a an upward edge that broke the trend line and the support line with a gap. Currently it looks like if it was retesting back to the gap and the resistance line (that used to be support). If it does retest, it would be a nice entry to the short side at the 1H after confirmation.
PS. I already entered the trade a little bit before that and it looks like it is coming back down.
AUDCHF SHORT SELLNice break of ascendingchannel on this pair. Probability of drop is high as the channel's high met a previously tested resistance level. Stoploss is wide because there is also a probability of a pullback but worth it as this trade offers a 1:2 riskreward ratio.
