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Fallingwedgepattern

#AUDUSD Golden ,symmetrical ,falling 😉analysis: -on 1D time frame we show a Golden Cross⭐️ -on 4H time frame we show a symmetrical triangle pattern -on 1H time frame we show a falling in a opening wedge For confirmation : Wait for the insurance of technical patterns on small frames , such as Double Bottom , Head and Shoulders , and others. Targets: TP1@0.93090 TP2@0.93800 TP3@0.94381 For more analyzes and our encouragement do not forget: -Follow us -Support us with the like button 👍 -Write a comment
Long
by mohamed_Abdullah7
💥BITCOIN LAST DUMP BEFORE IT PUMPS😳Please support this idea with a LIKE👍 if you find it useful🥳 I expect a fall to $27,800 before rising again. As indicated on this chart, we have a falling wedge pattern that price is stylishly following. From my previous idea here, I said a breakout from the 2nd triangle determines the next move. And I also made mention that if price breaks the 2nd triangle downward, it would fall to the 2nd triangle at $27,700 which is exactly what is manifesting on the chart. Back to today's idea. We can all see price approaching the lower trendine at $27,800 to make it the 3rd support. Thereafter, a reversal should follow and price will start soaring higher. What do you think? Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
BShort
by PetrockFxTrading
11
GRT-USDT (break from descending channel) DAILY VIEWHello all! 😄 This idea is short, these are just some targets for GRT that I expect to see if ETH and BTC can maintain bullish momentum. GRT (The Graph) is a solid investment in my opinion. We have seen price action break out from current structure/descending channel-wedge shape. Think about taking some profit at the ~💲1.18 level for safe trading. Trade is invalid if we break below BLUE trend-line Let's see and always remember 🔽🔽 🛑This is not financial advice, use a stop loss🛑 Any thoughts 💭🤔, questions🙋‍♀️🙋‍♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you! Jazerbay💕
Long
by jazerbay
27
BTC LONG INCOMINGBTC failed to break through 35k/0.5 fib level but seems like it will break through after a retest of wedge BTC has also formed a symmetrical triangle on 1hr chart which can break either way, but looking at previous pattern which is falling wedge it shows more upside after the retest of wedge line which is shown below in chart: example: (same chart) currently I'll be looking for long from either 33.5k/0.382 fib level (33591) or or lower line of the symmetrical triangle
INDEX:BTCUSDLong
by itwasblue
4
VeChain - Update with a Falling WedgeQuick VeChain 4hr chart update with the Ichimoku Cloud: VeChain is still in the Bearish Zone of the Ichimoku Cloud for this 4hr timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating Short-Term momentum is downwards at the moment. Note that the Conversion Line (Tenkan Sen) is only sloping slightly downwards. The Ichimoku Cloud Base Line (Tenkan Sen) is indicating Mid-Term Momentum is downwards at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is pointing upwards indicating momentum is upwards, but be aware that this is a fast reacting indicator. Note that the Leading Span A (Senkou Span A) is pointing downwards and the Leading Span B (Senkou Span B) is starting to slope downwards but note that the cloud gap between the Leading Span B (Senkou Span B) and Leading Span A (Senkou Span A) is still quite large. When the Leading Span B (Senkou Span B) is on top, we do not want that gap to shorten into a thing gap unless you are short selling. VET is below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that VET is back above its Lower Band, this is indicating negative volatility has slowed. VET is below its Volume Profile Visible Range (VPVR) Point of Control (POC) for this 4hr timeframe. VET is below its Volume Profile Fixed Range (VPFR) Point of Control (POC) for this 4hr timeframe. VET is in a Falling Wedge pattern. A Falling Wedge pattern is a possible bullish reversal pattern, but because all alts are still at the mercy of BTC, Exchange & Market Manipulation, its debatable as to whether or not the potential reversal will be realised. The bottom trend-line of the wedge is a crucial support line as VET has bounced off it 4 times. VET needs to close this 4hr candle above this support line and turn it into strong support, if not, then VET may see $0.092 again and possibly much lower so there could be another opportunity to acquire more VET at a cheaper price. VeChain is still the most criminally undervalued crypto out there, so if it does drop more, then i’ll just DCA more at an amazing cheap price before the next crypto leg up. I hope this analysis is helpful with your trading and hodl-ing.
BINANCE:VETUSD
by TradingThroughTheLens
Bitcoin breakout from falling wedge patternYesterday , I posted that there was an inverted cup and handle pattern forming in 1H timeframe of BTC, but since we are in an uptrend since last week, the probability of inverted cup and handle pattern forming completely and breaking it's neckline, is quite low. Within the inverted cup, there was a falling wedge pattern and BTC broke out of that wedge an hour ago. I think it's safe to enter into a long side trade at the retest of wedge pattern with target1 as 42000 and target2 as 46000 .
Long
by KbL_