Bitcoin is entering a decisive phase this September, with a Descending Broadening Wedge pattern forming on both the weekly and daily charts. This pattern typically signals potential volatility, and we are now approaching the descending support trendline, which also aligns with the wick from the sharp price dump on August 5th. This region, around 48K, is likely to...
We’ve identified a compelling trade setup on BINANCE:SUIUSDT , showing potential for bullish continuation. After establishing a solid order block around 0.7700, price action suggests an upcoming retest of this zone, which could be followed by a strong upward move. Key Levels & Strategy: Entry Point: The recommended entry lies around 0.7700, a critical...
We’ve just witnessed a classic breakout from a falling wedge pattern on BINANCE:DOGSUSDT . After an extended downtrend, marked by lower highs (LH) and lower lows (LL), the asset broke through the wedge resistance, signaling a potential bullish reversal. This pattern, known for its bullish nature, often indicates an upcoming shift in momentum from sellers to...