The Descending Broadening Wedge pattern has unique characteristics compared to the Falling Wedge or Flag patterns. While the Falling Wedge and Flag patterns feature converging lines that taper to a point, the Descending Broadening Wedge widens from left to right, indicating increasing market volatility over time. This pattern forms when the price moves within an...
- firstly i want to explain what is US30, you can google it : - US30 is a stock market index designed to measure the performance of 30 large industrial companies based on the average stock price of the components "during a specified period". - So basically...when u have a Top30, if one company fail, this company is replaced by number 31. - it's same in football...
follow me and boost this idea for daily analysis look at this trend we BO below 56K support zone and pullback compare the momentum of bear side and bull side really do you want buy here? this is just a flag 10 % we have chance of bull BO this is very clear
In this analysis I want to take a closer look at the state of the market. ATOM Was a decent performing token in the previous cycle, but it sadly failed to impress investors this cycle. Most striking is that ATOM is one of the few alts which has actually made a new bear-market low. This token has never entered a bullish phase like most tokens did and has basically...
Cup and Handle Pattern: The Cup: The chart shows a rounded bottom formation that resembles a cup, often indicative of a longer consolidation period before a breakout. The Handle: After the cup formation, the price appears to be forming a handle, which is a short-term downtrend before the breakout. The handle often slopes downwards slightly, and once the price...
Technical Analysis of the Chart by Blaž Fabjan: Descending Trading Channel: BTC is trading within a descending channel, showing lower highs and lower lows, which typically signals a downtrend. However, it is nearing the bottom of the channel, often a zone for potential reversal. Support and Resistance Zones: Support: The two orange zones indicate strong...
BTC is in a range before market opening and i think there is correction to higher level after this bearish trend,and next we will dump to low levels
Good morning everyone and welcome to another weekend session. Bitcoin is heading towards a very important demand zone, while still showing strong buying pressure. In my opinion, it will be very difficult for Bitcoin to drop around the 48k level with this buying pressure and the completion of a downward sequence, price is landing at point #6. this is very...
Bitcoin correction to the downside is still not being done on the daily and weekly timeframes. Next target is to the lower of the uptrend channel at area 39k - 40k before the next big up movement.
TON has seen some serious volatility as of late. The founder, the CEO of Telegram, recently got arrested in France, which send the token down. For investors who missed the boat before, this is a great chance to step in. TON has arguably the biggest app for communication behind it, so there's still room for growth once Telegram incorporates TON into it's...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price rose to resistance 2, which coincided with the resistance zone and broke this level. Then it rose a little higher than the resistance zone and some time traded near until it reached the trend line and then BTC started to decline. In a short time price declined...
BTC: Will the BIG INVINSIBLE "M" instigate more fear? BTC is not surprisingly giving out more fair valuation on the go. The Fear Greed Index is showing more are selling to keep their position in the clearance. After slightly broke down below the diamond. The price action climbed back to the edge of the "SUPPORT" base of the DIAMOND SHAPE.
BTC falling beneath the 100 auto fib retracement. Other cryptocurrency also beneath the red layer of the auto fib retracement include; AVAX, BADGER, CELO, COIN, CURVE, DASH, EGLD, HFT, KSM, MINA, RAD, SUSHI...and ICP is in the red unlike the other top traded cryptocurrency remaining in green, neutral or blue areas of the auto fib retracement. Others below the...
Bitcoin started to rise again after Failing(Fake Break) to break the Support zone($58,000-$56,600) . From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Reversal Pattern , and if the upper line of this pattern breaks, we can expect a further increase in Bitcoin . From the point of view of Elliott...
Trade Idea: Bottom for Bitcoin Might Be In This chart suggests that Bitcoin may have found its bottom, with the potential for a bullish reversal. The following elements highlight this outlook: 1. Liquidity Zones: - Liquidity/TP1: The chart highlights a take-profit zone (TP1) near the $64,000 level, where liquidity is expected to reside. This is the target...
Bitcoin rising after taking LOW Price took Swing low $55 588 in the end BTC too so many lower lows at this moment there could be potential rising toward liquidity zone $58 500 $59 700 or $60 500
Bitcoin is in a downward channel - trade after big SL hunt during this inviermanet better to trade after clear liquidation events at this meant i have 2 key zones for trade 1st - at $55 300 2nd - at $54 260 Short possible if price consolidate our from value for 2 -3 days
In this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band. Over two months after the analysis, the price has fallen through the yellow price band again. It's looking like BTC is losing upward...