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Falling Wedge

AVAX/USDT: 70% PROFIT POTENTIAL TRADE SETUP!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! AVAX looks decent here. Breaking out from the falling wedge-like structure in the daily time frame and currently, retesting it. Also, holding 50MA support here very well. Buy some here and add more in the dip. Entry range:- $27-$29 Targets:- $33/$38/$42/$48 SL:- $24.5 Lev:- 2x-4x What are your thoughts on AVAX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
GOLD → False breakdown before the bullrun... ↑ FX:XAUUSD reacts perfectly to the 2390-2400 area, forming a false breakdown with subsequent growth to 2420, but I am now confused by the extremely low volatility.... The calm before the storm.... Gold is bullish on D1, while the dollar index is showing signs that the price may continue its decline in the medium term. Today at 13:45 GMT it is worth paying attention to the S&P PMI at 13:45 GMT and Hew Home Sales at 14:00. The data may revitalize the market, but we need to look at the actual numbers. Technically, gold has a bullish market on H1, but right now I am extremely confused by the very low volatility, which often leads to momentum to one side or the other. Based on the overall situation there is a chance to see a continuation of growth if the bulls hold their defenses above 2400-2405. Resistance levels: 2420, 2430, 2450 Support levels: 2405, 2400, 2392 The price is gradually updating the highs, forming clear support zones. A possible retest of the liquidity area before the subsequent bullrun to 2430-2450. It is not excluded that the price can break the structure and give a strong impulse down to 2370, but at the moment of market analysis there are no preconditions for it Rate, share your opinion and questions, let's discuss what's going on with ★GOLD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
19
Notcoin(NOT) is Ready to Pump againNotcoin(NOT) is moving in the Support zone($0.0158_$0.0153 and has managed to form two reversal patterns , one in terms of Candlesticks and the other in terms of Classical Analysis . Also, we can see Regular Divergence(RD+) between Consecutive Valleys . I expect Notcoin(NOT) to rise at least +10% after breaking the upper line of the Falling wedge Pattern . Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
31
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months.. the price now moving in huge ascending channel going to making new ATH in next few weeks.. u can see elliot wave in the chart and It's clear that elliot wave correction done one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B) it's on good support and suitable place to buy ... long term target is 200$ best regards ceciliones🎯
Long
by ceciliones
1
GOLD → False break of bullish range support ↑FX:XAUUSD is forming a false breakdown of the previously mentioned range - 2390 - 2400. The return to the buying zone is forming, buyers can push the price to 2450 A reversal swing pattern is forming in relation to the support, which is evidence of buyers' strength. The fundamental background is still unstable, there are many nuances from the Fed and the US presidential race, the geopolitical background in the Middle East and Eastern Europe is relatively stable. Today there is no news and in general we can bet on the work of technical analysis. Technically, if the bulls hold the defense above 2400-2405, then in the medium term we should expect an upward movement towards local liquidity zones as well as towards the upper boundary of the range. Resistance levels: 2405, 2412, 2420 Support levels: 2400, 2392 The market confirms the presence of the range, it is not excluded that the price may go down, but at the moment the situation looks like the bulls are actively defending the lower boundary of the range, which determines the short-term and medium-term prospects.... Rate, share your opinion and questions, let's discuss what's going on with ★ GOLD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
11
ZENUSDT → Bullish potential in the red market. Break of 10.0 ↑BINANCE:ZENUSDT demonstrates a rally and a retest of the range resistance in the form of a false breakdown, only that does not lead to a fall. The price is forming a pre-breakdown consolidation. With the breakout of 10.0, the growth may continue On H4, a reversal pattern is forming within the framework of which, while the cryptocurrency market was falling, zen was testing resistance. A false breakout and liquidity capture is formed. This maneuver does not lead to a fall, and the market goes into a state of consolidation, the nature of which resembles a pre-breakdown. There are no fundamentals, the market follows the flagships, which fall because of some problems. Bitcoin is dragging everyone down due to the sale of a large number of coins by Germany, and the debt repayment by Mt.Gox exchange, which has destabilized the situation in general. Resistance levels: 9.79-10.0 Support levels: 9.35, 8.8, 8.14 In this case, it is acceptable to use a breakout strategy against resistance at 9.79-9.87. But, if the structure will be broken, the price, in order to increase the volume before the growth may head towards the support. Regards R. Linda!
Long
by RLinda
8
BITCOIN → Fear in the crowd is a bullish sign ↑ Flag and SFPBINANCE:BTCUSD is experiencing times of high fear and negative sentiment among the crowd. From a psychological point of view, this could end in a bullish momentum. But there is always a but! For now, big buyers are actively holding back a possible fall amid transfers of the previously hacked crypto exchange Mt.Gox to its debtors and BTC sell-offs by German authorities: Germany will get rid of all its BTC in two days. (at the current pace of sales). Yesterday, 16,038 BTC were transferred from the country's government wallet to various crypto exchanges and market makers. Since June 19, 26,071 BTC have been sold. There are only 23,788 BTC left on the wallet In April, the average cost of BTC mining among the largest public miners was $53,000, technically, the level of average cost of BTC mining plays the role of an intermediate bottom. Judging by the growth of volumes and price entry into the area of the lower boundary of the "flag" pattern, buyers appear on the market and at the moment stop the price fall, forming a sideways range of 58500-53500. Accordingly, a breakdown of one of the boundaries may trigger an impulse to one side or the other, based on the technical nuances there is a probability that there will be an attempt to break the resistance. Resistance levels: 58500, 64000 Support levels: 53500, 53000 Fundamentally, the environment is difficult due to Germany and Mt.Gox, but investors are waiting for the approval of ETH-ETF, which may bring back the bullish mood to the market (indirect impact on BTC). Technically, the emphasis is on the range. A break of 58500 will give bullish momentum, a break of 53500 may allow the price to decline to the 50500-51000 risk zone Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
23
PEPE → A condition that will lead to growth. Is the buyer back?BINANCE:PEPEUSDT is undergoing a deep correction phase. The price is resting on the strong support and the "discount" zone appears the buyer, holding the market. The focus on the upper boundary of the range... ! For convenience, I will indicate key zones without zeros. Bulls do not let the price below 0.0761, forming a limit support area, in the neighborhood of which a strong buyer appears, it can be determined by the growth of volumes and the pattern of redemption with the subsequent retest without updating the minimum. At the moment it is not excluded that the coin can continue falling, but based on the general situation there is a chance that PEPE can move into the recovery phase, but provided that the coin can pass the area of 0.0951-0.0991 with the price fixing above this zone, which will generally define an intermediate bottom for the market. Resistance levels: 0.0952, 0.0991, 0.1084 Support levels: 0.0886, 0.0761 Technically, the situation is complicated because of bitcoin, which is consolidating in the discount zone, but in general there are bullish prerequisites. If the guide (BTC) goes up, it may favor altcoins. Rate, share your opinion and questions, let's discuss what's going on with PEPE / USDT ;) Regards R. Linda!
Long
by RLinda
3
DOGE has formed a Pretty Big falling wedge Pattern!...BINANCE:DOGEUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
5
NFP/USDT: READY FOR AN ATH! 6X FROM HERE!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! NFP looks good here. Forming a falling wedge-like structure in the daily time frame confirms its deviation below the trendline and gets back inside the wedge which is a bullish scenario. Buy some now and add more in the dip. Entry range:- $0.28-$0.31 Targets:- $0.43/$0.58/$0.76/$1.12/$1.44/$1.84 SL:- $0.20 What are your thoughts on NFP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
NEO: Potential Breakout from Falling Wedge?Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! NEO looks good in daily time frame. It is forming a falling wedge like structure and trying to breaks out from it. It also holds a support (Green box) very well so far. After a confirmed daily candle close expecting a good 70-80% move to the upside from here. Entry range:- $10-$11 Targets:- $12.3/$14.4/$16.8/$19.5 SL:- $8.30 What are your thoughts on NEO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
ADA: POTENTIAL FALLING WEDGE BREAKOUT!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! CARDANO(ADA) Looks good in the daily chart. It breaks from the falling wedge-like structure and looks ready for a 60-70% move to the upside. Buy some here and add more in the dip. Entry range:- CMP and add more up to $0.394 Targets:- $0.454/$0.512/$0.568/$0.613/$0.684 SL:- $0.3636 What are your thoughts on ADA's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
GOLD → Correction for the purpose of elimination. Target 2400?FX:XAUUSD is forming a correction from the opening despite the bullish closing of the session on Friday. Fundamental background is calm, technical reaction to the false break of 2387. Friday's move was formed on relatively positive economic news for gold - higher unemployment in the U.S. reinforces the dollar sell-off as the chance of a possible U.S. interest rate cut rose slightly. This week traders' focus is on CPI and PPI, which will be released on Thursday and Friday. Technically, there is a buyer's presence in the market. MM, as consolidation and elimination of the buyer forms a correction to the liquidity zone 2364-2355. Possible consolidation or false breakdown before the subsequent growth. Resistance levels: 2387, 2411 Support levels: 2364, 2355 Today, at 14:00 Powell speaks, it is worth paying attention to his speech. High volatility is possible. In general, the fundamental background is favorable, technically, the bull market is forming a correction to support. Emphasis on the bulls. Regards R. Linda!
FX:XAUUSDLong
by RLinda
26
The last bullish chance of NOTCOIN in short-term !!Hi. 🔵We have a Bullish Structure here NOTUSDT formed a falling wedge on 1D timeframe🤔 Up we go if we do breakout . The price is at the bottom of the channel and also in the wedge, these pressures will eventually make the price rise. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
XRP → Rally to 0.730 ↑ The fundamental denouement is comingBINANCE:XRPUSDT is approaching a possible decoupling, both technically and fundamentally. Positive signs of life could lead to a rally, first stop could be around 0.73. On W1, the coin is trying to live, but there is a huge fundamental reason that keeps the price from going beyond resistance and flat: The SEC v. Ripple litigation. The Ripple vs. SEC case is a pivotal moment for cryptocurrency regulation, as a final victory would be a strong green sign for the entire cryptocurrency community amidst the SEC getting a number of restrictions on its activities lately due to overstepping its authority. Ripple's CEO believes that the final verdict could come at the end of the summer. Everyone is counting on a positive outcome for XRP: The court found that Ripple violated federal securities laws by making institutional sales of XRP, but dismissed other charges brought by the SEC. Ripple Labs opposed the SEC's proposal to fine the company nearly $2 billion. Ripple Labs said the court should impose a civil penalty of no more than $10 million Technically: Price continues to test the wedge resistance with the aim of breaking it, volatility decreases and consolidation continues. Below 0.4637 buyers are not letting the price in yet, which may lead to another retest of the resistance, which will only increase the chances of a breakout. Price consolidation above 0.4962 will be the root cause of market character change and possible rally to 0.6265 - 0.73. Support levels: 0.4637 Resistance levels: 0.4962, 0.5720 I expect that the buyers will still be able to break through the resistance of the bearish figure in the near future and ride the rally to the mentioned targets. Regards R. Linda!
Long
by RLinda
57
DOT/USDT: Potential Breakout from Falling Wedge?Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! DOT/USDT looks good in the daily time frame. Forming a falling wedge-like structure here and trying to break it out. A successful breakout will take the price to bear ATH. Buy some here and add more in the dip. Entry zone:- $6.04-$6.48 Targets:- $7.4/$8.8/$10.5 SL:- $5.7 What are your thoughts on DOT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1