EOS bearish pattren formed in 4hr time frame as you see the EOS breaks previous support and now its trading below the 200 ema and 100 ema and price is at 4hr fib level there is high probability that price again reject from its supply area and retest the demand zone 0.4600
pattern type :- bearish rising wedge
trade type :- short
entry :-0.5411
sl :- 0.5670
traget:- 0.4590
Bearishrisingwedge
Google Bearish for limited timeChart currently shows Bearish Signal as per the following reasons:
Indicators:
1. Slight Dark Cloud cover indicated
2. Two Black crows, today's trading will indicate if three black crows are confirmed.
3. Slight Bearish divergence
Patterns:
1. Bearish rising wedge on graph - indicates a potential bearish signal
Bullish After Cup and Handle Formation
Although it seems that perhaps the bearish trend may be limited to form a cup and handle pattern, once handle is broken - uptrend to continue.
USDJPY - Bearish Rising Wedge 📉Hello Traders!
On Tuesday 3 Oct, The USDJPY Price Reached a Resistance Level (150.315 - 150.160).
-The Price Formed a Rising Wedge Pattern !
-The Support Line of The Wedge is Broken.
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 146.630🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Bitcoin forming a crucial moment to shortBitcoin forming a bearish rising wedge in 3 Daily timeframe and we ending with a bearish hammer candlestick, indicating sell-masive incoming. The exactly price was a rejected of $24,500 USD. And bears are taking control of the trend. I open a short position now in Bitcoin around $23,533 USD, Stop Loss to $27,600 USD and my personal take profit to $15,800 USD.
This it's a risk/benefit 1:2.
It's very important to look the things in the economical world as FED continue strength the U.S. Dollar worth what this will be a big trouble for assets and currencies vs. Dollar correlation.
I hope that this idea and analysis support you!!!
Good luck shorting Bitcoin!!!
Remember take control of your risk management, it's important for your trading!!!
BTC/USD: resistance key at $23,700 USD approx.Bitcoin break down the market structure in H4 timeframe, what we could to see another short position around $20,700 USD approx. and find down sell and trade to short.
Also, I will share in Daily timeframe that we break-down with the bearish pressure candlestick that mean a moment to take an eye, because bears are sell. What we could to take a good opportunity to short above. Only, we would need to hope in H4 timeframe to short
Also, I'm shorting by Daily timeframe my recent analysis that I see another bearish movement to $15,800 USD approx. And I will add this idea in the link below of this comment box.
EUR/CAD: ABCD bearish pattern formationEuro/Canadian Dollar forming an ABCD bearish pattern and made a key break out that we could to short Euro in front of Canadian Dollar too. Alo, there're a lot way that we can to short, because we forming a bearish rising wedge too with the price action indicating sell inminent.
This it's the H4 timeframe and we see an ABCD bearish pattern with all Fibonacci measure what I calculate it.
You can to put a sell order limit to $1.3697 CAD and SL to $1.3737 CAD (37 pips) and target to $1.3598 CAD (101 pips). This it's a risk/benefit 1:2.
Good luck!!!
ETH/USD: Short Posiiton confirmed!!!In this update from H4 timeframe, Ethereum it's ready to drop their value. So guys, as we forming this bearish rising wedge in the past days, I hope that Ethereum continue toward a crash to $1,953 USD
So, in Daily timeframe we forming this symetric triangle in formation and I believe that Ethereum it's ready to the another crash as I saw in the price of $1,953 USD
But, I put a sell order limit at $2,622 USD and my SL to$2,711 USD. And my target will be around $2,420 USD. And this it's a risk/benefit 1:2. It's a good proportion to get profit. Now, if you want to extend your target toward $2,300 USD. You can to do it and this will be a risk/benefit 1:3, and it's a good proportion to get profit.
The GoldSilver head and shoulders and bearish wedgeThis is tagged as short due to the bearish patterns on the chart but it is kinda confusing because I am writing this to long silver
A zoom out has help me get a more detailed look at the goldsilver ratio. What appeared to be random chop and a blow off top now appears to be a left shoulder and head. The C19 dump created a new all time high for the goldsilver ratio and ever since then it has been bearishness. The ratio dropped almost in half from 120 to 64 and then created a classic bearish rising wedge pattern. Given the quick downside we have a flagpole and a bearish continuation structure that combined with the previous chop looks like a head and shoulders. The chart also shows a Fibonacci channel with the carats showing the anchor points. With the bearish chart pattern I see a high probability that the monthly MACD sees a bearish cross of the signal line as we see performance on the flag pole/head and shoulders.
Here is a draw on the channel drawn to monthly candle bodies as opposed to wicks. One reason I think the fib channel is valid for trading is there are lots of strong reversals at key levels.
Now this is a important point: I don't foresee this move happening in the next year or so. Price has spent a lot of time bounding around between the 62-66 range and since it has bounced there so many time as both support and resistance there is a fair chance that the ratio will be testing the range as resistance in the next couple of years if it fails as support here. A initial sell off then a return to the neckline of the head and shoulders pattern would be very typical price action. The chart below shows a fib draw and just the bottom of the fib channel. There is a confluence between the 1.618 target and the trend line support so some stall or bounce there is concurrent with the flag pole portion of the head and shoulders.
Below is my favorite example of a chart pattern hitting target off all time. It is a head and shoulders draw on Ford with quite the cant to the neckline, but it predicted a massive sell off and the technical traders stepped in right where we would expect them at that key ratio. Sure, price went down another 10% but if you were the mad man buying long term out of the money calls down there you would look like a genius. The targeting shows that we can't expect much below that 1.618 level with a high level of confidence. I have heard some technical analysts with a lot more experience than me say a flat neckline gets you better performance but I think I will be happy rotating out of silver into something else between 39 and 41.
Some Silver Nasdaq Stuff
Below is a comparison between the NDX, Silver, and Silver/NDX. It is still a bit to early to tell if Silver/NDX is in a ascending triangle with the purple as resistance or a symmetrical triangle shown by the black. But the case for NDX and Silver moving in opposite directions seems clear.
This could be its own post, and maybe I will make it one. The high beta index is NDX, and silver is high beta compared to gold. Just by simply looking at the SilverNDX pair it looks like equities broadly isn't a good decision. But if it looks like SilverNDX and GoldSilver are reversing at the same time it will be time to broadly be looking at equities and tech stocks and not precious metals and mines.
ETH/USD: Bearish Rising WedgeEthereum formed this bearish rising wedge in H4 timeframe. Only, we need a pull back around $2,700 USD and wait to the next trade to entry in Ethereum
And also as update, as we completing this symetric triangle 100%, we hope that Ethereum crash around $2,000 USD per coin in the next days.
I hope that this idea will support you!!!
ETH/USD: Bearish Channel Etherereum could to forming a bearish channel in H4 timeframe, that perspective could be bearish for Ethereum as Ethereum price it's around of $3,780 USD approx. Now, in the live market, we look a bearish rising wedge in H4 timeframe. Now, if you going in H8 timeframe. There's a track to knowt that we are going to drop based in the price action analysis and move down toward $3,380 USD approx.
So, I'm in short and I thinking today to entry in short position in Ethereum in H4 timeframe.
BTC/USD: Daily perspectiveBitcoin forming a bearish rising wedge and this it's considered bearish signal in the Daily perspective.
You will be carefully if you put long in Bitcoin. We could to drop to $52,878 USD to the key support level.
I see this bearish perspective in the next days for Bitcoin price.
Ethereum form a bearish rising wedge; bearish signal!!!Unfortunately, Etheruem it's leading to the bearish movement to $1,500 USD. Now, Ethereum it's show us a nice trade to $1,500 USD. For that, this trade will be so simple to get profit in this cryptocurrency.
s3.tradingview.com
And also, talking about the Daily chart, Ethereum it's look extremely bearsih as Ethereum broke down the key support stronger of $2,030 USD, And that put extremely bearish for Ethereum.
Short Position: Bitcoin make pull back in the resistance of $55kAt the moment, Bitcoin it's the only cryptucrrency that could to down than others. if we see. the Bitcoin Dominance it's drop agains the altcoins. For that, Ethereum, Cardano, XRP or Chainlink are a good example that they upward in this altseason that I believe that we entrying right now. I put a sell order limit at $54,000 USD to sell Bitcoin toward the main support $45,000 USD. If in any case, if Bitcoin just make support for second time in the level of $48k approximately and make any rejection, so the bearish rising wedge could be invlaided and we can to form any bullish channel. For that, a lot eyes in the $48k level if continue down or any rejection, becuase in that point could be a hide support into the trend.
s3.tradingview.com
Now, looking in Daily panoramic, the Daily candlestick it's show that Bitcoin could to weakness. That candlestick patttern it
s called Evening star, and that show that the trend could to continue down.
Guys, if you think that this idea it's going to support you, please hand up and share this analysis with others traders.
Beware: Bitcoin show weakness!!! The trend go to reversalAt the moment, looking in Daily timeframe, Bitcoin it's turn bearish in H12 timeframe, but if you look the smal timeframe like H4, it's turn bearish and we see an simetric triangle, but looking more in H12 timeframe, this candlestick it's a bearish signal. Right now, I will going to sell my altcoins and Bitcoin as I know htat if Bitcoin drop, Ethereum, Chainlink, Cardano, XRP, EOS, Tezos and Litecoin drop too.
s3.tradingview.com
In Daily timeframe it's still bearish sentiment as MACD show higher low in the indicator, as we see in H12 timeframe too. So, I have a forecast that Bitcoin can to go back to $45,000 USD. The $45,000 USD level it's very important to support by long term, as Bitcoin continue up. This week, this movement was surprise for us as Bitcoin doesn't have success to make support above of $60,000 USD, maybe I thinking that was that Bitcoin it's overbought, and correction it's neccesary for the health asset.
s3.tradingview.com
This it's the panoramic in 3 Daily timeframe
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And looking the weekly timeframe, it's look bearish, maybe in these weeks, Bitcoin show a consolidation during the past weeks. And then, I hope this movement to $45,000 USD level.
Guys, altcoins and Bitcoin may to reversal the trend, be carefull to trade.
Big Alert: Bitcoin could to go back to $55,000 USD in some hoursAt the moment, if you see, we form a bearish rising wedge, that it's a reversal of the trend, in that case it's turn bearish, but we see a little trade that we can to take advantage in it. If you find up a trade, noticed that Bitcoin have all chances to go back to $55,000 USD as Bitcoin it's forming this accumulation triangle simetric that point to $84,000 USD in medium term.
At the moment, I closed up my ong position in Bitcoin too, becuase Bitcoin it's look bearish and well, as I'm in others cryptos, we see that Bitcoin it's show us a short intersting position with a small SL of 2.50% Now, my next target will be $55,100 USD. Now, very important it's to look how Bitcoin move into this trade ad know the price action. Right now, as we confirm, you can to entry in the live market right now and put your short position with the SL around of $59,600 USD.
Now, looking in this timeframe, it's seems that Bitcoin form this accumulaton zone, that it's a simetric triangle in formation and most probably it's that Bitcoin need to make a little correction toward the $55,100 USD.
Guys, if you like my prediction, you can to share this analysis with others traders inmediately to others traders know the perspective of the market.
In my opinion, I like to trade cryptocurrency and I'd love it.
OH MY GOD!!! Bitoin going to crash!!! We're going to down!!!The market it's make bearish in H1 and H4 confirmed. At the moment, I put my sell order limit at $49,000 USD towad the $42,000 USD.
There's an interesting short position in this zone of $49,000 USD to sell Bitcoin. And my SL it's around of $52,500 USD. Guys, inevitable, I'd reccomend to closed up your long position in Litecoin, Ethereum, Cardano and Bitcoin Cash as crytpomarket it's turn bearish and also, we hope more opportunites to bought more cheap.
This it's the H4 screenshoot. We see that Bitcoin formed a bearish risign wedge, and I calculate my objective to the support of $42,000 USD.
Daily chart it's look the bearish panoramic, that it's a correction before to continue up, and we see a bearish divergences in the RSI and price action too
And finally, in 3 Daily chart, we see that Bitcoin it's formed a bearish divergences in the RSI and price action. That it's a market correction.
For that, I will going to short Bitcoin!!! I hope that tis analysis it's support you and understand what happened in the crytpo market.
GBPJPY 3 February 2021 Daily TimeframeHi traders and welcome to my channel ... pairs in the uptrend creates a bearish rising wedge
we should wait for a breakout and restest happen then we have short trade opportunities
I think the first target for price is going to touch daily support at the level of 140.707
All info can be found in my chart.
*Support this idea with a Like or Comments if you find it useful* ... Thank you
________________________________⠀
DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
Ethereum it's going or the next inminent movement soon!!! We have that in Daily chart a bearish rising wedge, but if I going to lookin in H8, I have a good confirmation to entry in sell.
This it's my Daily chart and this it's my plan if I see any bought in these important zones
Now, looking in the H8 chart, we see that Ethereum it's formed a bearish rising wedge and I see a nice short signal from that I leave a message that I entry in this bearish candlestic, that mean the past 16 hours around of $1,346 dollars.
Now, also noticed that we formed a rejection in this big resitance at $1,400 dollars, I see that Ethereum it's in the next corretion to the down movement toward the $1,070 dollars, this it's my target profit, and my SL I put around of $1,500 dollars. Also, I see that Ethereum it's can to formed a possible double top if we break down this line that formed the bearish rising wedge.
I add my currently analysis of Daily timeframe in Ethereum if you're intersting too.
And the MACD it's another extra confirmation that Ethereum it's make higher low in this indicator. That show that bear are make dominant this.
This it's my next forecast for Ethereum; bearish rising wedge!!!At the moment, Ethereum it's into this formation of bearish rising wedge in the Daily timeframe. And then, in 45 minutes the Daily candlestick it's end to know this important data for the macrotrend and decided if there's interesting boughts in below of $1,300 USD, maybe $1,070 USD it's good zone to bought Ethereum.
But, this it's my plan if we considered to put a smart long position in Ethereum in the good zones to bought more cheap!!! or invest more in Ethereum
Guys, if you like my analysis to have a perspective in the crypto-market, enfocous more in Ethereum, comment in the commentbox my idea and what it's your plan in Ethereum if we have any massive sell toward the $1,070 USD.
This it's possible a correction toward the $900 USD!!! Good ideaAt the moment, Ethereum it's show a rejection of the price in H4 chart. So, we can to see a down movement toward the $1,106 USD. Now, in this point, this it's very important to know if Ethereum break down this support that could be psycological important to form any rejection or formation of this bullish channel. So for that, we would need to know this part of manipulation when we see first a bearish risign wedge and we could have a potentail formation of bullish channel into this bearish rising wedge that I show you for you. This it's a market secret that investor and traders use to identity possible potentail of formation. But in case that Ethreum doesn't break down the $1,106 USD and show any bullish or rejection candlestick, we could to see and prefer to find down possible bought at $1,106 USD approximately to then, we can to see a target profit at $`,400 USD again, that it's in case for bullish scenario, and that I show you using this arrow model.
In H8, MACD show highe lower in the MACD signal, usign htis blue and yellow line, that show that MACD are lossing boughts, that mean possibles overbought market in H8 timeframe. Bur for that, this model it's the same of H4 timeframe. To know, if Etherem going to break down the $1,106 USD, we could to see a next movement toward the $900 USD easily.
And then, this it's the Daily chart that I wanting to share you. We see a bearish divergence in the MACD that show higher lower, and also in the same time the price action that we have this big bearish candlestick that show a overbought market.
So guys, the possibility to see the $900 USD it's 75% of probability in front of 25% that $1,106 USD make support and then up.
So, I'm in the market right now from $1,234 USD hoping the confirmation of H4 timeframe candlestick. So, I am in short position with a SL at $1,329 USD and my target it's exactly at $910 USD.