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Falling Wedge

CKB - 7600% Profit in 2024, buy nowThe CKB coin looks very promising for the upcoming bull market. On the weekly chart, we have a falling wedge, bullish reversal pattern that is currently breaking out! It's always important to take a look at the volume indicator when it comes to breakouts. The bullish volume is extremely high, which confirms my bullish bias. From the Elliott Wave perspective, we have a triple-three corrective pattern that has been completed, which is also a very good sign. Where to take profit? On the chart, you can see 3 profit targets. It's up to you how long you want to wait for your profits. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. What Is Nervos Network (CKB)? Nervos Network (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities. The Nervos mainnet launched in November 2019 with a novel dual-layer architecture. There’s a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed. The base layer, also known as the Common Knowledge Base, has its own cryptocurrency called CKByte (CKB). It uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network. The Nervos Network allows developers to create decentralized applications (dApps) that can operate on various blockchain systems. Any of the network layers can be used to run both decentralized apps and smart contracts. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
10
Ethereum - Final crash soon! Then new all time high (buy here)Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to buy Ethereum in this zone?  First of all, we need to do an Elliott Wave technical analysis, which is the most important as it gives us a full map of previous price movements. From my perspective, the price is forming a triple-three corrective pattern (WXYXZ). This is a classic corrective pattern, and we are in the last wave Z. Usually, what you want to do is buy ETH slightly below the previous wave (Y) (liquidity sweep).  What's more, the price is inside this bullish flag / falling wedge pattern. This is another bullish sign for us to buy ETH below the previous wave (Y). Also, we have a long-term trendline from October 2023 with a total of 2 touches, so we also want to buy on the third touch of this upper sloping trendline.  This is a strong combo. We have a strong confluence to buy ETH between 2800 and 2700. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Short
by Xanrox
26
NZDUSD → Correction to MA-200. The fall may continue FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give signs of reversal and fall, respectively, the bearish medium-term outlook for the currency pair NZDUSD is still relevant. Resistance levels: MA-200, Channel Resistance, 0.6000. Support levels: 0.5940, 0.5875 The global trend coincides with the local trend and has a bearish direction. On H1 a correction is forming, which may be over soon, after which we should wait for a decline to 0.5875. Regards R. Linda!
Short
by RLinda
2
TRXUSDT | TFW Wave Analysis | Massive Bull Move +150% Price action and chart pattern trading setup: > A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support. > The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09. > Indicator: both Money Flow and RSI bullish divergence in daily timeframe - strong signal for a possible upcoming reversal pattern.
Long
by dukeposh
3
BTC Analysis, Chart is speaking itself !!! ✅LONGTERAM Road map of Bitcoin🍻 🌟The Bitcoin is in a Bullish phase by ⤵️⤵️ ➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern! ➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) . The possibility of starting a impulse 5th waves!!! ➡️the price now is making a pullback to the bottom of the descending triangle (which is shown in the picture) if the price breaks that important level we shall see a lot of increase in the price! ➡️A inverse head and shoulders pattern means a great bullish trend on the horizon (AB=CD). ➡️also Broadening Wedge it is another bullish sign. 🌟 Bullish signals are: -Head&Shoulder. -Broadening Wedge. - falling Wegde. -This is Longterm Analysis!!! -5th waves ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Long
by CobraVanguard
4
🚧DOTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. BINANCE:DOTUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which DOT is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢REEGULAR BULLISH Divergence 🟢 No break out yet! 🟢 FALLING WEDGE ✨Targets are: 🎯$7.830 🎯$8.150 🎯$8.530 🎯$8.950 🎯$9.300 🎯$9.700 ✅previous Analysis ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
🐳GTAI will Go Up Again🐳Hi. ➡️ the odds of another bullish Movement is Pretty high because the pattern which GTAI is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢REEGULAR BULLISH Divergence 🟢 No break out yet! 🟢 FALLING WEDGE ✨Targets are: 🎯$2.7060 🎯$3.0200 🎯$3.5000 🎯$4.0165 🎯$4.5580 🎯$5.0490 ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
10
I Cannot SHORT This !!!Hi. ➡️ the odds of another bullish Movement is Pretty high because the pattern which SHIB is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 REEGULAR BULLISH Divergence 🟢 No break out yet! 🟢 FALLING WEDGE ✨Targets are: 🎯$0.00002969 🎯$0.00003280 🎯$0.00003660 🎯$0.00003930 ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
ID's Situation: What Shall we ExpectHi. BINANCE:IDUSDT Today, I want to analyze ID for you in a 12H time frame so that we can have a SHORT-term view of ID regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ the odds of another bullish Movement is Pretty high because the pattern which ID is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 No break out yet! Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
NZDUSD → The currency pair is preparing to go even lower OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment. On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar. On H4 it is worth paying attention to the intermediate level of 0.5900. The breakout and subsequent price consolidation below this level will form the potential for the continuation of the decline. Resistance levels: 0.5940, 0.6000 Support levels: 0.5900, 0.5850 Technically, we have a bearish trend and support retest, which only strengthens the bearish potential on the negative fundamental background. We are waiting for a decline to lower targets. Regards R. Linda!
Short
by RLinda
2
USDT.D% Can Go Up by Falling Wedge Pattern✈️💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 📚What is Market Cap USDT Dominance% (USDT.D%)❗️❓ 🔸Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance. 🔸The first is that investors put cash on the market from the outside, which is due to the unfavorable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed. 🚀If USDT.D% increases, we can expect a correction in the cryptocurrency market . 🏃‍♂️USDT.D% is currently moving in an important 🟡 Potential Reversal Zone(PRZ) 🟡. 💡If you look at my chart, when USDT.D% first entered the PRZ, it formed a Falling Wedge Pattern and performed well. USDT.D% seems to have once again succeeded in forming a Falling Wedge Pattern in PRZ ( although this time, the pattern seems to be even more standard than the previous one ). 🔔I expect USDT.D% to rise to at least the 🔴 Resistance zone(4.72%-4.53%) 🔴 after breaking the upper line of the falling wedge pattern . Market Cap USDT Dominance% Analyze (USDT.D%), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
CRYPTOCAP:USDT.DLong
by pejman_zwin
13
FRGX's Situation Right now!Hi. MEXC:FRGXUSDT Today, I want to analyze FRGX for you in a 4H time frame so that we can have a SHORT-term view of FRGX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ the odds of another bullish Movement is Pretty high because the pattern which FRGX is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 No break out yet! Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FLong
by CobraVanguard
GTAI is gonna Reach $5 One way or another!!!Hi. GTAIUSDT Today, I want to analyze GTAI for you in a 1D time frame so that we can have a SHORT-term view of GTAI regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). 🔵We have a Bullish Structure here GTAI formed a falling wedge on 1D timeframe🤔 Up we go if we do breakout , ended correction waves, & starting 5th impulse waves. also a bullish Divergence (RD+) on MACD which shows Positive Signs for GTAI. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 5th waves. 🟢Bullish Regular Divergence(+RD) Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
FRGX's Situation: What Shall we Expect!!Hi. MEXC:FRGXUSDT Today, I want to analyze FRGX for you in a 4H time frame so that we can have a SHORT-term view of FRGX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️FRGX has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which FRGX is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 FRGX has been Bullish Recently! 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 No break out yet! Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FLong
by CobraVanguard
AUDUSD → Test resistance for an upward breakout FX:AUDUSD forms a retest of the descending channel resistance, but there is no fall. Against the background of the dollar correction, the currency pair may move into the realization phase after the channel breakout. Moving averages, trend resistance and pre-breakout consolidation, with strong support zones, to which a large buyer does not let the price go. An interesting setup in the current conditions may form an attempt to change the trend. The key area is 0.6585. Consolidation of the price above this boundary may allow to overcome the obstacle and finally let the price strengthen to 0.66676, or to 0.67287. Resistance levels: 0.6585, 0.6620 Support levels: 0.6551, 0.6504 Technically, there is a strong accumulation and prerequisites for a breakout. The resistance breakout will confirm the activation of the realization phase, which will give us a good bullish momentum. Regards R. Linda!
Long
by RLinda
3