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Falling Wedge

Nov2022 - BTC (3D) - Next Peak $200-250k by 2025 + Risk FactorsDear anons, Provided another longterm projections based on past BTC peaks, dated back to 2017 & 2021, respectively. 💡Summary: NEXT PEAK > time target: mid/Dec 2024 > price target: $200k, 220k, 250k **factors affecting targets marked on-chart .. 💬 Extra Note: with various forms of hidden/blatant power wrestles ongoing btw China & US dat includes COVID plandemic aka engineered supply shock & globe-wide inflation Fed rate hikes aka exporting inflation everywhere else by weaponizing Dollar Ukraine war aka engineered gas & food inflation China zero-covid lockdowns aka weaponizing supply chain who knows wats next... Taiwan? CBDC's? Plandemic 2.0? based on above ongoing or potential macro developments, we're likely to overshoot on next peak target, with high certainty. think: $250k in REAL terms w depreciating dollar... ;p See you in 2025! cheers~ 🥂🔥
BITFINEX:BTCUSDLong
by jeanne_k
1
DUSK/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this DUSK/USDT trade update. DUSK looks bullish here. Breaks out from the falling wedge-like structure in 4hr time frame and currently looks like it is going for a retest. Long some here and add more at the retest level. Entry zone:- $0.087-$0.089 TP1:- $0.092 TP2:- $).096 TP3:- $0.100 TP4:- $0.105 SL:- $0.0845 Leverage:- 10x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
11
LINKUSDT Falling WedgeOn the 4 hourly chart there is a huge falling wedge on Link but also had a contraction and expansion. A breakout could be due soon, but the overall sentiment right now in crypto isn't the best and it had a violent pump right above the 6.1 USDT value line (LINK). and is struggling on resistance right now, personally, I'm keeping Link in mind as a swing trade. I think that LINK can test the support zone of 5.67 - 5.926 one more time and get a tighter range before breaking out
Long
by Traders_Endeavors
1
S&P500 – TRADES | KW45 | INTRADAYIn today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis. = since it is a very short-term time frame, I will not comment further. = the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective - standing alone - is possible. = the title picture shows an example, of a possible trade. This is one of many possible setups, because the current course is not able to take a clear direction. The following methods are used and shown in the following: - SUPPLY&DEMAND ZONES - FIBONACCI LEVEL - POINTS OF INTEREST - TREND LINES SUPPLY & DEMAND ZONES "4 hours - time window" "1 hour - time slot" FIBONACCI LEVEL "4 hours - time window" "1 hour - time window" POINTS OF INTEREST "4 Hours - Time Window" TREND LINES "4 Hours - Time Window" "1 hour - time window" RAW VERSIONS WITHOUT INDENTIFICATION . "4 Hours - Time Window" "1 Hour - Time Window" > Feel free to discuss this in the comments and share our perspectives, I'd be "burning" to hear your take on this. If this idea and explanation has added value to you, I would be very happy to receive a review of it. Thank you and happy trading!
OANDA:SPX500USDLong
by ZielIstDieAutarkie
NEAR/USDT Falling Wedge Near/usdt Create Falling wedge pattern Understanding the Wedge Pattern A wedge pattern can signal either bullish or bearish price reversals. In either case, this pattern holds three common characteristics: first, the converging trend lines; second, a pattern of declining volume as the price progresses through the pattern; third, a breakout from one of the trend lines. The two forms of the wedge pattern are a rising wedge (which signals a bearish reversal) or a falling wedge (which signals a bullish reversal). Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line. When the price breaks the upper trend line, the security is expected to reverse and trend higher. Traders identifying bullish reversal signals would want to look for trades that benefit from the security’s rise in price.
Long
by BabarLaghari
1
BTC/USDT 1 Day Chart Possible Wedge Bullrun Top Projections Man its good to be back and wanted to start out with an idea explaining what I see as the movements we can expect from now till the top of the impending bullrun. Bitcoin is nearing its bottom at roughly 10,600 and once there we will be done with the falling and it will be time to start moving up. We got a lot of economic volatility that could cause disruption in the crypto markets, but it is my thoughts that this is all natural movement for the most part. So after our consolidation at the bottom we should see a pretty spectacular altseason as there is a ton of money waiting on the sidelines to buy in. Lets face it every price in the market now is an amazing deal. So on this leg of the bullrun I have measured it to go to approx 105k with a good chance of the mainstream jumping due to hype that it could exceed that. As always hype negates TA and the hype of bitcoin going to 100k is going to be insane. If you agree throw me a like and follow me for more ideas and concepts that keep you in the gains. - Much love to my supporters - ND
Short
by The_New_Disciple
13
CHZ Falling Wedge and Head and Shoulders Reversal Patterns CHZ has fallen like everything else, however is showing some very nice bullish reversal patterns. We seemed to have hopefully created a bottom and broken out of the Falling Wedge pattern it has been in since 09/21ish. Also created a very clean Head and Shoulders Pattern, if it breaks above the neckline of $0.297 and BTC behaves we could see some very nice gains. 3 possible targets on chart. RSI was rejected coming down and shot back up above midway line. MACD looking good.
Long
by mickey9278
4
DOGE - insane 83% drop, here is why! Doge pumped a lot, but it looks like a scam pump to me. There are no buyers at all. I think this uptrend was fueled by stop-loss triggers and liquidations on the futures market. At this moment, the uptrend looks like a major ABC correction. Clearly, we can see a three-wave structure. Also, the bulls failed to hold the wave A swing high at 0.089, which is a sign of weakness. Why would anyone want to buy DOGE at this moment? I don't see any bullish patterns. Better open a short position on futures , but look for setups on lower timeframes. This analysis is on the weekly chart. No worries, you can buy DOGE at the 0.618 FIB for quick gains. That's exactly what my plan is for DOGE! On the chart you can see a projection for a parallel channel . This channel is amazing, because you can buy at the bottom of the channel for quick gains. A 83% drop is possible, and I will not be surprised if we go even lower. This mini-uptrend is not healthy. On the chart, you can see three strong supports: 0.618 FIB, POC1, and POC2. This is incredible because there will be a lot of money to be made at these levels! Let's be honest; everyone bought DOGE because of that pump, and now everyone is trapped. Sell DOGE while the price is high, it's not too late. If something pumps in one week and then dumps back, then it's obviously a fake move, and it will be punished by a massive crash. Can DOGE drop by 83%? Let me know in the comment section right now! For more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
62
Bitcoin - All of the reasons why the bottom is near (in)  This analysis will show you why the bottom of Bitcoin could be very close. This is a set of indicators that tell their own story, so let's take a look at them. Currently, Bitcoin is the most hated asset in the world. Everything is rising, including gold, silver, stocks, the EUR/USD, indices, and even meta Facebook, the most bearish stock. Bitcoin is the weakest asset. You can be a contrarian and buy it. But let's take a look at the technical analysis. As you can see, we have a trendline from the all-time high of 69,000 USD to the current price. The bulls already broke the trendline, but the bear was stronger, and the price was pushed down. The trendline is currently being retested, which is a common thing in trading. There is a pretty huge chance that every trendline will be tested again. Usually, you want to buy the retest. So we have a first buy signal here. Large institutions and hedge funds regard 200 moving averages as strong support or resistance. There are two types of possible curves for a moving average. The curve can be descending or ascending. In this case, the curve is ascending, which is an indication of an uptrend. The uptrend is still valid, and this is a bullish sign. But the price is below the 200 MA, which is bearish on the other side. Then there's the Elliott Wave. This downtrend could have moved in a complex corrective structure known as a double zigzag (WXYXZ). This structure must contain 3 zigzags for a total of 6 impulses. It is really possible that it is actually a double zigzag corrective pattern, which is bullish. If we take a look at the volume indicator, we have historically had the highest volume on the Binance exchange. This is an indication of a massive exchange of Bitcoin. People are selling, but for every transaction, there has to be a buyer. Extremely high volume is an indication of capitulation and often indicates a trend reversal. During a stop-loss hunt, we typically see a huge volume spike and the price move in the opposite direction because the whales simply took the necessary liquidity.So massive volume spike can be a bullish sign. It is a special event. The next indicator is the RSI. There is a huge bullish divergence that cannot be ignored. Bullish divergence is a very powerful indication that the bears are losing steam. It happens when the price makes a new lower low while the indicator makes a higher low. This is very bullish. MACD: The histogram measures the difference between the two moving averages of the MACD indicator. The histogram is ticking to the upside and is above the 0 level. If the histogram reaches above the 0 level, then the two moving averages cross each other. Recently, we have had a bullish cross, which is a bullish signal. This bullish signal is still valid until the histogram falls below 0 again. FTX capitulation: A major player in the cryptocurrency industry has been wiped out. Capitulation is a sign of a trend reversal. When everyone is selling, it's time to buy. It looks like a lot of retail investors just sold their Bitcoin holdings. Capitulation is one of the classic phases of the market cycle. CPI data was very positive, and inflation is going down. As per my research in one of my previous analyses, I expect inflation to drop to 0% in the next few years. If you follow me on TradingView, then you know why it can happen based on technical analysis. But if you don't, no worries! You can check out the 0% inflation analysis in the related section down below! Gold is rising pretty significantly along with the DJI stock market index, which is also very good for Bitcoin. DXY dollar index is falling; the dollar is currently losing strength, but of course, it can be only temporarily. Believe it or not, but Bitcoin can rise 50% in a single week, and it can happen so fast. One tweet from CZ and the job is done. If you like this analysis and want to see more, then hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
81
Litecoin to Bitcoin is Peaking Back Above Very Historic SupportLTC/BTC have traded against eachother within this huge range since the beginning and this range has always been well respected and now we are on the lower end of the range and have broken out of a Falling Wedge and are now Piercing back within the support zone we very much needed to stay above and now could be looking for a retrace back to the upper end of the range up at 0.025 BTC. if we then break above that level LTC will have likely have Blue Skies from there and could go well above 0.05BTC.
Long
by RizeSenpai
Ethereum - Macro outlook | -62% next month! After the merge, the price of ETH is rapidly going down. It's basically a free fall right now. It was clearly a sell-the-news event.  I am very bearish until we break the major trendline that you can see on the chart. There is absolutely no reason to buy ETH at this moment.  On the daily chart, we can spot a descending parallel channel that is very well respected with all trendlines inside. These trendlines can be useful for short-term trades. I believe there is a possibility of touching the downward trendline in the future.  The market never goes in a straight line; we always have waves during the trend and that's why Elliott Waves are the best indicator to understand where we currently are in the market structure. According to my Elliott Wave analysis, we are in the final 5h wave of this particular market structure, which can be deadly indeed. But if I am right and we will go down, then do not expect ETH to go to new all-time highs soon. So prepare your shorts, because that's the only way you can profit in this bearish market. Maybe the ETHBTC pair is also starting a new macro downtrend, so basically ETH will fall off the cliff. The situation for ETH is horrendous. It's really better to switch to BNB if you really want to hold some coins. Or just stay in USDT and buy after the crash. I do not expect any tremendous gains for selected altcoins. You can find the most bearish altcoins in the related section down below. Serum (SRM) looks juicy for shorting on the futures market. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
219