SFPUSDT → Pre-break consolidation could send the price upward BINANCE:SFPUSDT after months of forming a sideways range on the background of the global honey trend finally forms a pre-breakdown consolidation against resistance, which may initiate a trend change
We are interested in the global pattern "symmetrical triangle" - in fact, it is a range within which the price is gaining liquidity. Above the range, after the first breakout of resistance, the second level - 0.6420 is formed and relative to this level an ascending triangle is formed, which can be interpreted as an attack of dynamic buyers on the limit resistance area. On the background of possible BINANCE:BTCUSD strengthening, SFP can get a good bullish potential when the resistance of the ascending triangle is broken. The moving averages act as trend support.
Resistance levels: 0.6420
Support levels: previously broken range resistance
In the long term, I expect a breakout of 0.6420 followed by price consolidation above the level, which will form a bullish potential.
Regards R. Linda!
Falling Wedge
Palladium seems like a very good opportunity to me.Hello everyone,
How Rare is Palladium?
Palladium is considered a relatively rare precious metal. It is rarer than well-known precious metals like gold and silver and it seems like a very interesting opportunity at the moment to me.
There is lot of bullish signs I can see.
First of all It seems like it is in nice falling wedge pattern and finishing A-B-C-D-E correction. Very solid bullish divergence is forming on the Weekly time frame and it seems like it broke the red resistence line and its just testing it. Reversal should start soon for this precious metal
I see 50-400% Gains from here.
There is very solid setup for mid to long term trade as well as a long term investment.
If you Zoom out to the Monthly
Hope this helps you.
Cheers
A precious metal is a naturally occurring metallic element with high economic and cultural value due to its rarity, luster, and various industrial and ornamental applications. Palladium is a precious metal with unique properties and commercial importance akin to its renowned counterparts like gold, silver, and platinum.
What is Palladium?
Palladium is a silvery-white transition metal belonging to the periodic table’s platinum group of elements. William Hyde Wollaston discovered palladium in 1803 and named it after the asteroid Pallas, which was discovered around the same time. Palladium is known for its distinct luster, durability, and high resistance to corrosion, making it a valuable material in various industrial and technological applications. It has also become popular in recent years to invest in palladium.
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IOTXUSDT - IoToX is stronger amid a weak market BINANCE:IOTXUSDT is proving strong amid a weak market and the fall of the flagship cryptocurrency. A dense pre-breakout formation is forming on the chart, which can give a great move if a number of conditions are met
BINANCE:BTCUSD is declining, the market failed to strengthen above 28000 and the price is falling to 26000. On the background of the 5-day fall of the flagship IoTeX / Tether feels quite confident. Growth and resistance breakout is formed. Consolidation formed under resistance will be enough for resistance breakout and active momentum formation. Altcoins periodically get potential at the transition of capitals between assets, which is most likely formed and IOTX. Earlier MA-50 was broken and the price is preparing to test MA-200 in the near future. The breakthrough of the second one will give a good leverage for growth. Targets in the medium term should be considered 0.02386 and 0.03036.
Support levels: previously broken figure line, 0.01610.
Resistance levels: 0.01866
I expect consolidation above the range and subsequent breakout of 0.01866 resistance.
Regards R. Linda!
XTZUSDT → Breaking resistance, entering a new rangeBINANCE:XTZUSDT tried to break the support at 0.708 and let the price go lower, but at some point the market held the area, forming a local bottom. After a false break of support, the price breaks consolidation resistance
At the moment the market is testing the possibility of transition from the consolidation phase to the phase of realization of the accumulated potential, which can be accompanied by distributive growth. The price fixing above 0.708 level will confirm the entry into the range (new corridor) and in this case Tezos/TetherUS will open for itself the way to the setup resistance. The 3-4 month accumulation in the coin can give us a pretty good medium-term potential, within which the market can hit targets such as: 0.921 and 1.259.
The price is breaking MA-50 and aims to test MA-200.
Support levels: 0.708, 0.633
Resistance levels: 0.742, 0.921
In the long term, I expect the bulls to consolidate the market above 0.708 and form a distribution towards 0.921
Regards R. Linda!
BAKEUSDT → Breaking through resistance opens up the potential BINANCE:BAKEUSDT is trying to move into the phase of realization of accumulated potential. A consolidation above the 0.1421 level will be a good starting point. If we break through the resistance of the range, we can get a gorgeous bullish potential (targets are indicated on the chart)
BINANCE:BTCUSD shows good dynamics for the medium term. The price after the false breakdown of resistance does not fall and there are prerequisites for a possible strengthening of the price to 30000, which will give a great kick in the butt to altcoins if the total capitalization increases.
From a fundamental point of view, the cryptocurrency is still turbulent and there is not much bullish news (strong news). But bitcoin is showing strength relative to the SP500 ( CAPITALCOM:US500 ) - and that's good for us.
In terms of technical analysis BAKE: the price breaks the resistance of the annual descending wedge and we get a signal for further strengthening of the price. In the nearest future the market may test the previously broken level of 0.1421 and if the bulls successfully consolidate the position, the price may give a start towards 0.2339 and 0.2840.
Moving averages indicate consolidation and show a hint of something interesting.
Support levels: previously broken wedge boundary, 0.1421, 0.1161.
Resistance levels: 0.1580, 0.1882, 0.2339.
Since we see the breakout of the resistance of the figure, in the long term I expect the formation of the realization of the accumulated potential in the form of a bullish impulse to 0.2339, 0.2840.
Regards R. Linda!
NATURAL GAS 25% GAINS IMMINENTNATGAS is lining up to break out of this bullish consolidation structure/ bull flag and reaching its next resistance zone around 3.4-3.5.
This resistance also coincides with the measured move of this bull flag.
Upon entering on the breakout my SL would be below the previous lows giving a 2-1 RR.
AAVEUSDT → The stage is set for a breakthrough of resistance BINANCE:AAVEUSDT is forming a retest of the wedge resistance amid the cryptocurrency market strengthening. When breaking through the resistance of 72.4, the market may move to realize the accumulated potential
In terms of technical analysis, AAVEUSDT forms a neutral correlation following BINANCE:BTCUSD . The market reacts to all the movements of the flagship, therefore, if the one starts to strengthen, AAVE will grow and vice versa. On the chart, there is a large enough potential for a market reversal. Consolidation is formed within the flat and between the garnets of the wedge. Global growth of the market is separated by resistance 72.4 and 91.3, when the price goes beyond it the active growth will start. This is acceptable in medium-term and long-term frames. Our task at the moment is to follow the specified area and wait for the breakout of resistance. Moving averages indicate the formation of accumulation.
Support levels: 64.75, 60.3, 55.2
Resistance levels: 72.4
In the long term I expect a retest of resistance with further growth towards 91.3.
Regards R. Linda!
$WULF Long, falling wedge, breakout ?Falling wedge pattern on the 4hr, next 3 days may see a test of the wedge top and hopefully breakout.
Last few falling wedge patterns i published did not pan out, ;)
Falling wedges are loosing appeal for me -!
The miner stocks NASDAQ:RIOT NASDAQ:MARA NASDAQ:WULF are not behaving parallel with BTC, so this is all speculation.
Thanks again
Falling Wedge Pattern Reversal in AMBUJACEMAMBUJA CEMENT LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Falling Wedge Pattern.
📊 It can give movement upto the Reversal target of Above 440+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 485+.
📊 Can Go Long in this stock by placing stop loss below 400- or last swing Low.
Massive Falling Wedge on the daily! Can't believe this is the first time I'm seeing this massive falling wedge on GME. If we take a look at the RSI as well as the Fib extension, this breakout could bring GME back into the 80s, and the second golden pocket sitting pretty at 201.00. I would keep a close eye on this one. Could be an easy 5 bagger from here.
🚀📉 CAKE/USDT Falling Wedge Setup with Weekly Bullish DivergencHey Traders! 📣
Exciting news on the CAKE/USDT chart! We're eyeing a potential short-term setup with the falling wedge pattern! 🍰💰
📊 Technical Analysis:
Falling Wedge Pattern ✅
Weekly Bullish Divergence ✅
Potential Breakout Soon! 🚀
🎯 Entry Point: Consider an entry upon a breakout above the upper wedge trendline.
🎯 Short-Term Take Profit Targets:
Target 1: Around $2 🎯
Target 2: Around $3 🚀
Target 3: Around $30 (Completion of the Wedge) 🍰📈
🛑 Stop-Loss: Implement a stop-loss strategy to manage risk effectively.
📅 Timeframe: Keep a close watch on this setup as it develops in the short term.
📈 Bullish Potential: Falling wedges often lead to rapid bullish moves, and the weekly bullish divergence adds to the excitement!
Remember, trading involves risk, and it's essential to conduct your own research and manage your risk accordingly.
Let's keep a close eye on CAKE/USDT and aim for those sweet short-term gains around the trendline resistance! 🍰📉💰
Happy Trading! 🚀📉🤞
#Crypto #TradingView #TechnicalAnalysis #FallingWedge #ShortTermTargets
GOLD → There's no place to shop. Bear Market ↘︎OANDA:XAUUSD shocked a lot of people in the last week, but we were ready for it and I have been setting medium term targets like 1875, 1850 and even 1800 for quite some time. On Friday the market closes below 1850 and within the candlestick analysis there are preconditions for further fall.
In the coming week there will be important news that will help to determine the medium-term outlook. Pay attention to such data as.
-ISM Manufacturin, FED Chair Powell Speaks
- NonFarm E.C., SP Global Services, Non-Manufacturing
-Initial Jobless Claims
-NonFarm, Unemployment Rate
Fundamental factors are a significant part of the leverage that drives the market. The TVC:DXY is currently under the influence of a positive fundamental background, which is quite negative for gold
From the point of view of technical analysis we see a strong distributive movement. The probable target of this movement may be the following zones: 1827, 1809, 1773, the targets are shown on the chart above. These are important liquidity zones in the medium term.
At the moment gold is in an empty range (no volume density zones).
The price can reach the lower boundary of the main flat - 1809 - quite quickly. But, on Monday, from the opening session the price may form a small pullback to form consolidation. The correction may be directed to 1860, or even to 1875, but there are no signals to start a strong growth now. We expect a fall to 1800
OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! COMEX:SI1! TVC:DXY
Regards R. Linda!
📉🚀 #FLOW/USDT Falling Wedge Setup Alert 🚀📉Hey traders! 📣
I've identified an exciting opportunity on the $FLOW/USDT chart. 🧐
📉 Price Action: FLOW is currently forming a falling wedge pattern, which can be a bullish sign! 📈
📊 Technical Analysis:
Falling Wedge Pattern ✅
Decreasing Volume ✅
Potential Breakout Brewing ✅
📅 Timeframe: Keep a close watch on this setup as it unfolds, and patience may pay off.
🎯 Entry Point: Consider an entry upon a breakout above the upper wedge trendline. 🚀
🛑 Stop-Loss: Prudent risk management suggests setting a stop-loss just below the lower wedge trendline.
🎯 Price Targets (Next 3-6 months):
Short-Term: Target the wedge's upper trendline, aiming for $0.80 - $1.00 🎯
Mid-Term: If momentum continues, target $1.00 - $1.40 🚀
Long-Term: For the patient traders, the wedge's full potential could reach $1.40 - $3.00 🌟
🚀 Major Swing Target: The ultimate goal is a swing to the top of the wedge at ~$28. 🌠
Remember, always conduct your own research and use appropriate risk management strategies.
Let's keep a close eye on $FLOW/USDT as it approaches the wedge apex! 🤑💰
Happy trading! 📈📉🤞
#Crypto #TradingView #TechnicalAnalysis #FallingWedge #BullishSetup
Bitcoin - Ready to reach 30k! (watch this trendline)
Bitcoin is bullish and is ready to reach 29167 in the next few days or at the start of October. Of course, 30k will follow, but 29k is a strong resistance, and we should see a pullback from it!
Watch this yellow trendline, which is a gateway to the ultra-huge bull market. Once it breaks, I expect a massive uptrend, but be aware of a possible retest first. Your stop-loss needs to be safe!
So why is the 29167 level of resistance strong? We have the 0.618 Fibonacci retracement of the previous downtrend, and we also have a point of control on the volume profile. What's more, it's the start of the fair value gap. I am definitely expecting a pullback from it!
It's always important to do an Elliott Wave analysis because it gives us an outlook on the overall trend and market structure. In the downtrend from 31k to 25k, I see a complex correction—the triple-three pattern WXYXZ. This is a corrective move and shows a lot of weakness. That's why I am bullish!
26k is still a good price for Bitcoin to buy in the long term because I expect 120k in 2025. Why 125? Check out my profile or my previous analyses!
It's also important to watch altcoins and how they are doing because it gives us another good indicator for Bitcoin. Of course, altcoins such as ETH, XRP, and DOGE are bullish. This was a quick update on the local price of Bitcoin.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
📉📈🚀 #APT/USDT Falling Wedge Setup Alert 🚀📈📉📉 Price Action: APT is currently forming a falling wedge pattern, which is often a bullish reversal sign! 📈
📊 Technical Analysis:
Falling Wedge Pattern ✅
Decreasing Volume ✅
Potential Breakout Ahead ✅
📅 Timeframe: Keep an eye on this setup over the next few days for potential confirmation.
🔍 Entry Point: Look for a breakout above the upper wedge trendline. 🚀
🛑 Stop-Loss: Consider setting a stop-loss just below the wedge's lower trendline to manage risk.
🎯 Target: Target the next resistance level or use technical analysis tools for price projections.
Remember, trading involves risk, so make sure to do your own research and risk management.
Let's watch this closely and see if $APT/USDT can make a bullish move! 🤑💰
Happy trading! 📈📉🤞
Falling Wedge, chance to BuyChart 4H TF
I figure out support around 0.005 with Fibo Retracement and Trendline. Besides, I realized a Falling Wedge Pattern with Resistance around 0.00535
I price breakout and close above the higher trend line, I expect price can go up at least 0.00583
Wait for next move
$AMD falling wedge to end today's action. Good signGood sign on NASDAQ:AMD with that falling wedge on the 15 min.
When a stock's been hammered for no reason at all except market volatility, we usually try to look for bullish reversals or bullish signs to enter on a swing.
Closing in a falling wedge is good. Doesn't ALWAYS pay off, but if you are swinging it likely means 4-12 weeks anyway, so it's relatively safe here.
Also looking on the Daily chart, it's right on the bottom of the flag trendline:
Follow for more insights.
PEOPLEUSDT → A break of resistance opens up the new range BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened
As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a small influx of assets. Our attention is drawn to PEOPLE. The price breaks the wedge resistance and continues to form a consolidation in a weak market. Finally, the coin breaks through the key, for now, level of 0.01022. Consolidation of the price above the level will form a bullish potential, which my move into the phase of realization and within the medium-term perspective PEOPLE / TetherUS can reach 0.01433 and 0.0185. Altcoins have been strongly consolidating their energy lately, something may happen soon.
Support levels: 0.01022, 0.00846
Resistance levels: 0.01433
I expect the price growth to continue after consolidation above 0.01022 level.
Regards R. Linda!