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Wedge

Support formed after selloff, up from here(My other post broke my chart) After a particularly ugly selloff, the price has stabilized around 0.5CAD. I believe the price will move, potentially next week, ultimately reaching 0.69CAD, followed by 0.83CAD. There is certainly potential to move higher, but I wouldn't expect a move past the recent highs until MILF (huehue) shares their economic report for their Trojarova deposit, hopefully this spring. At that point, it could be game on for higher. You can see a wedge? triangle? pointy polygon shape, with lower lows and a resistance level at 0.5CAD that will be broken through soon.
CSE:MILILong
by nothximgood
PEPE/USDT Ascending Channel Breakout WatchThe price is currently moving within an ascending channel pattern, indicating a potential bullish continuation. A breakout to the upside is expected, but confirmation is key. We'll look to accumulate PEPE near the lower trendline support around 0.0001995 for a long position. The breakout target is set at 0.0002412, offering a promising risk-to-reward opportunity. Ensure proper risk management by placing stop-losses below the lower trendline. Keep an eye on volume during the breakout attempt for stronger validation.
Long
by wolfchemist
BONK/USDT, Falling Wedge Breakout with Retest #BONK formed a Falling Wedge pattern on the BONK/USDT pair, which is typically a bullish formation. A breakout has already occurred, and the price is now retesting the upper trendline of the wedge. The area between 0.0000333 and 0.000032 appears to be a good entry zone for potential longs. If the retest holds, the price may aim for the expected target of 0.000046. However, confirmation of support around the retest level is crucial before entering a long trade. Keep an eye on the price action in this region and implement proper risk management strategies.
Long
by wolfchemist
Btc/Usd bearish continuation If you've been following my BTC/USD analysis since last December, you know we've been riding a bearish wave. With a -15.06% move (that's a whopping 1.6 million pips, according to TradingView!)😋👊🏽, it's been a wild ride. 📉 Now, BTC is eyeing the 99.6k level, where we're looking at: ✔Rising Wedge ✔Support turn resistance ✔A triple high in the making ✔That down trend still going strong Keep in mind, this is all based on technical factors.
COINBASE:BTCUSDShort
by Goodnessawe
BITCOIN - Price can continue to move up inside rising channelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently, price bounced from resistance level and fell to support area and even a little lower than this area. After this, price started to trades inside wedge, where it made upward impulse to resistance line of this pattern. BTC broke $96800 level, but soon turned around and dropped below it, breaking this level again. Then price declined to support line of wedge, breaking $93600 level, after which started to grow in rising channel. Price exited from wedge also and rose inside channel to resistance line, breaking $93600 level, but then corrected. Now, I think that BTC can first correct and then continue to grow to $99300, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
7
SAND's bullish Movement is not over yet!The price has formed a bullish flag on the daily time frame, and if it breaks out, it can drive the price up to around $0.80. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
ADA - Time to buy again!Possibly due to Bitcoin's price rising above $100,000 and an increase in money injection into Bitcoin, the price may correct slightly in a few days, drop to the support line, and then rise to $1.25 . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Short
by CobraVanguard
11
Sasol Ready to Reverse TrendWe have previously detailed the short position on Sasol (see linked idea), now we analyze the bullish case, Sasol price has diverged from Brent, brent is seeking a daily cycle high while Sasol is seeking a cycle low. Here we see a Hammer candle forming at the point of the 0.50 retracement of downtrend. This area is also a support level set by price as it moved out of COVID low while RSI is showing a double bottom. Indications are that price will move upwards, it is in pursuit of a yearly low. The brent chart shows price bouncing on 200 week moving average support that forms a falling wedge with the resistance. If this move plays out Sasol bulls will be happy to accumulate at current level, the implication for inflation due to sharp rising oil will be something to watch. * Risk accepting investors can buy based on reversal Hammer candle. * Risk averse investors are best to wait for full confirmation that the cycle has turned when price closes above the blue trendline as well as the 10 week moving average (also blue).
JSE:SOLLong
by runyamhere
4
$SPY Land of #RisingWedge's (Was this the bottom?! Orrrr...)Was yesterday the bottom? Is today continuation? Seem's like people thought this just a few days ago after 3 big days only to lead to another leg down... hmmm Wedges are my favorite setup. Ofc @TradingView software probably spotted 0 of these because...? lol Notice; Gap (Eyes) up both days than slight lean (circles) of towards close... #FEW #Warning for #BottomCallers , I see more downside. Also for anyone RED out there. I'm RED today despite that NASDAQ:TSLA chart and NASDAQ:NVDA chart LOL. We're all human and make mistakes, we don't all learn from them. -Prophecies
AMEX:SPYShort
by Prophecies_R_Us
13
Is CYBERUSDT on the Verge of a Major Breakout? Yello Paradisers! Are you watching CYBERUSDT closely? If not, now’s the time. We’re at a critical point with a textbook W-pattern forming right at the supportive trendline of the ascending channel, and things are heating up! Let’s break it down. 💎The pair is currently respecting the ascending channel’s support, increasing the probability of a bullish move. But the key lies in what happens next: 💎If CYBERUSDT breaks through the resistance level and closes a candle above it, we’ll have a confirmed W-pattern. This will likely trigger a strong upward move, giving bulls the green light to step in. 💎If the price pulls back further, we’ll watch for inducement below the current level. This could bring the pair down to a strong support zone, where we’ll need to see bullish reversal patterns like a bullish I-CHoCH, W-pattern, or inverse head and shoulders on lower timeframes before considering long positions. 💎But let’s not jump the gun, Paradisers. If CYBERUSDT breaks down and closes below the strong support zone, it will invalidate the bullish setup entirely. In that case, it’s best to step aside and wait for better price action to develop. Trade smart, Paradisers. Remember, it’s not about predicting every move—it’s about waiting for the right setup and striking with confidence. Patience is what keeps you in the winner’s circle. Stay focused and disciplined! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
4
Rhythm Pharmaceuticals | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rhythm Pharmaceuticals Stock Quote - Double Formation * A+ Set Up)) | Completed Survey | Subdivision 1 * 56.50 USD | Area Of Value - Triple Formation * (Neckline) At 51.00 USD | Subdivision 2 * ((Wedge Structure)) | Configuration Entry At 47.00 USD * Daily TIme Frame | Trend Settings Condition | Subdivision Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:RYTMLong
by TradePolitics
GOLD - Price can little correct and then continue grow in wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from $2720 resistance level and tried to grow, but failed and started to decline inside wedge. In wedge, price broke $2720 level and dropped to support line of wedge, breaking $2595 level as well. After this, price made upward impulse to $2720 level, breaking $2595 support level again and then made correction. Gold rose to resistance level again and then corrected to support level, where some time traded near. Recently, price started to grow from support line of wedge and I think it can make correction movement. Then Gold can turn around and continue to move up to $2690 resistance line of wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
2