FDN - falling wedge patternWhat we can see on the chart is a falling wedge pattern.
The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long.
Do not forget to put the stop loss under the wedge .
Possible target area is shown on the chart.
Falling Wedge
NZDJPY - Bullish Falling Wedge 📈
As We Talked in The Previous Analysis:
On The Weekly Time Frame The NZDJPY Price Reached a Major Key Level !
Currently, The Price formed a Falling Wedge Pattern 📈
The Resistance Line is Broken
So, I Expect a Bullish Move 📈
i'm Waiting for a Retest...
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TARGET: 83.630🎯
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Bull FlagSuku has formed a nice bull flag here after breaking out of its falling wedge.
Confluence: Golden cross on the 50/200 day MA (dotted), and has been sitting in between the 50 and 200 day EMA for 40 straight days now, and is one of few in the crypto market that has yet to break above its 200 day EMA.
Targets remain the same as on my previous post. We could even see 15 cent area near the 200 day SMMA since this has been dragging out so long. Previous posts are here and here:
Higher targets near 15.6, but awaiting channel break:
Original falling wedge post:
Long-term, but long-shot hopium chart:
USDJPY - BULLISH FALLING WEDGE 📈On The Daily Time Frame The USDJPY Price Reached a Major Key Level !
Currently, The Price formed a Falling Wedge Pattern 📈
The Resistance Line is Broken 🔥
So, I Expect a Bullish Move 📈
i'm Waiting for a Retest...
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TARGET 1: 132.420
TARGET 2: 134.140🎯
________
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GALAUSDT POSSIBLE LONG SETUPGALAUSDT is showing clear signs of a rise, for this reason im Bullish, in addition to the buying volume that has increased immensely in the last few days, we can see that it has broken out of the falling wedge and the SMA of 200 and the SMA of 20 on the daily timeframe, in addition to that it has made a bullish engulfing exactly at the bottom edge of the falling wedge.
I'll wait for confirmation and update this idea.
NZDJPY - Waiting For a Breakout 🔥On The Weekly Time Frame The NZDJPY Price Reached a Major Key Level !
Currently, The Price formed a Falling Wedge Pattern 📈
So, I Expect a Bullish Move 📈
i'm Waiting for a Breakout on The Resistance Trendline 🔥
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TARGET: 83.630🎯
________
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
DYN - Falling WedgeOn the chart, we can se a falling wedge occurring.
The stock has held its strong support for a long period of time, and we are now expecting it to go to the upside after bullish consolidation.
MACD seems to make either a consolidating or bullish crossing.
Our first target is based on the forming, while the second target hits our resistance level.
Good luck!
PLUG - STRONG FALLING WEDGE POTENTIALOn the chart, we see a falling wedge occurring for PLUG.
We expect it to break the support, anytime soon.
The target is purely based on technical analysis. Therefore we will advice you to keep in mind, that the stock is at its lowest for a long period of time, and therefore has potential for much higher upside, than our target.
Bitcoin - Bullish Falling Wedge #Bitcoin 4hr #TA at #KuCoin
At Present #BTC moves as per #Bullish #FallingWedge Pattern to complete it's cycle around 31st March to 3rd April, if it follows pattern properly, then next target is going towards $30k, but if any news arrives in market then signals will be change fast as per market panic #FUD.
Walmart (WMT) Has A Falling Wedge!Wal-Mart (WMT) has a falling wedge on the daily timeframe. The stock closed above the 200MDA 2 days in a row (last Thursday and Friday)! On the second day it also closed above the 50MDA! Last but not least, the second day closed with more buying volume and pressure than the day prior. Also, the upper trend line of the falling wedge pattern, was touched three times! Therefore, the aforementioned confluences are strong signals for price to increase over the next few weeks.
Harmony,
MrALtrades00
*This is not financial advice.
Target (TGT) Has A Falling Wedge!A falling wedge pattern was identified on Target’s ( TGT ) daily timeframe . The activity from Friday shows an increase of buying pressure. Furthermore, Friday’s (24 MAR 2023) candle shows strong interest from buyers with the bounce off the lower trend line .
Harmony,
MrALtrades00
✅USD-CAD BROKE THE NARROWING WEDGE|LONG🚀
✅USD-CAD is presenting us with
The classic trend following long
Opportunity because of the
Confluence of multiple factors
All pointing upwards such as
The uptrend, the bullish wedge pattern
And finally the bullish breakout
LONG🚀
✅Like and Subscribe like a BRO✅
Shiba Inu - 23% crash, best opportunity! (long-term outlook)
We have a great opportunity to buy/long Shiba Inu at the yellow trendline, which is a good support level for a short-term trade.
Unfortunately, the Shiba Inu coin still looks really bad on the highest timeframe. All previous pumps were only an ABC 3-wave structure, which is overall definitely not a good sign!
The bulls still don't show strength from the Elliott Wave perspective because we can see 3-wave structures upward and 5-wave structures downward.
After the breakout of the blue parallel channel, the bulls completely failed to continue in the uptrend; it was essentially a fakeout or a bull trap.
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 post trade setups privately.
23% crash is pretty likely at this moment, and you can take this opportunity and long shiba inu at the support line with leverage on the futures market!
Is the bottom in for shiba inu? From my perspective, - NO. I believe we will eventually reach 0.00000500 (a 55% drop from the current price).
This is my idea for the Shiba Inu coin; now do your actions!
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - The bottom is not in! 15k or 10k (careful)
Everyone thinks that the bottom is in and we are going to a new all-time high, but in my opinion, that's definitely not true. In this analysis, I will tell you why!
First of all, we need to take a look at the huge dump that occurred in 2021–2022 (from 69k to 15k). From the Elliott Wave perspective, it's most likely an impulse wave, not a corrective wave, because there are no overlaps between swings and the price action was extremely steep and bleedy. Also, there are no triangles in this structure whatsoever. You may say that it's not an impulse but a WXYXZ triple-three corrective pattern. It's possible, but in my opinion, these patterns tend to have more sideways price action than steep. You may also say that it's an ABC correction, but there are clearly 5 waves.
We should be in a major corrective B wave followed by a major C wave, which should end between 15k and 10k. I am not saying we will reach 10k for sure, but we should at least take liquidity below 15.5k to complete the ABC correction. That means if you buy Bitcoin now, you will experience a big drawdown on your account.
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 post trade setups privately.
10k is a strong psychological level, and there is plenty of reason to buy Bitcoin here. 0.618 LOG FIB retracement and the start of the GAP are definitely reasonable targets.
Right now, we are clearly in an uptrend on the weekly chart, and Bitcoin could reach 30k to 40k. The invalidation point for this analysis is 45k. If we reach this level, then I am wrong and I will buy BTC and ride the bull market to 150k. Targets will be specified for sure in one of my next analyses, so make sure you follow me and my updates!
The potential reversal point for this major corrective wave is, in my opinion, at 30k (strong horizontal support and POC) or 39k (0.618 LOG FIB). Then we should go down to 15k at least.
Also, if we take a look at the previous price action from 2018 - 2020, we had an exponencial pump from 3k to 14k followed by an exponencial dump from 14k to 4k. But we didn't take liquidity below the 3k level. This time I expect liquidity to be taken below the 15.5k level.
I hope this analysis is clear for you, and considering the upcoming recession and upcoming stock market crash, it's also possible to go down to 15K from a fundamental perspective.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bottom of Parallel Uptrend after Falling Wedge BreakoutLet's see if this idea works out:
FARM has reached the bottom of a parallel channel uptrend after breaking out of a falling wedge. The measured 1.5x target for a breakout at the top of this channel lines up exactly with the 1x measured target for its falling wedge breakout, or around 64 dollars.
Idea invalidated if we lose channel bottom.
BTC is about to close above the 25k, and the Houlry is bullishThe hourly for BTC looks bullish with this bullish pennant or wedge, or whatever you would like to call it.
The weekly overall is about to close above 25k. Bitcoin does NOT look bearish, it looks BULLISH.
I made a whole stream going over recent news, including my opinion of the 1 MILLION DOLLARS debt on bitcoin : www.tradingview.com