BTCFDUSD to touch 92000 AgainThe price action tells all ,just read the number and check its historical data.
The price will have to fall .
Fallingwedgepattern
$NASDAQ:LIDR breaking out of falling wedge on newsNASDAQ:LIDR appears to be breaking out on news of additional funding. Confirmation - huge uptick in volume as well as
Buy-in Aggressive - $2.45; Conservative - Price after closing above $2.30
Price Target $9.79
Good Luck!
$NYSE:OKLO breaking a Wedge/Flag with short term 25%-60% upsideNYSE:OKLO is breaking out of a consolidation pattern (falling wedge) And what appears to be a flag pattern.
Confirmation is a 24% uptick in price along with strong volume.
Initial Price Target is ~$34.50 to complete the falling wedge pattern, which is a short term 25% upside.
Secondary Price Target is ~$42.90 to complete the flag pattern, which is a longer term 60% upside
Good Luck!
$NASDAQ:LCID Going for the break out?Up 8% after testing lower, but holding the $3.20 support line in the previous trading day.
Upside is to ~$8/share.
Check for end of day volume for confirmation, should be relatively high volume spike.
$NASDAQ:LCID Monitoring for a 168% breakoutWatching Lucid for a breakout from its falling wedge pattern. This may retest the support at ~$3.20 before breaking out.
Entry: ~3.30
Confirmation: A spike in volume and a good % uptick in the price.
Stop loss: 200 day moving average (~$2.92)
Price Target: 8.84
Uptrend & Downtrend Bullish Falling Wedge Pattern TutorialA bullish falling wedge is a charting pattern that signals a potential reversal from a downtrend to an uptrend. Here's a breakdown of its key characteristics:
Shape: The pattern forms a wedge that slopes downward, with the upper trendline connecting the highs and the lower trendline connecting the lows. The key is that the highs and lows get closer together as the pattern develops.
Trend: It typically forms during a downtrend, indicating that selling pressure is decreasing.
Breakout: The pattern is bullish when the price breaks above the upper trendline. This breakout suggests that the downward trend is losing momentum, and an upward trend may follow.
Volume: During the falling wedge formation, volume tends to decrease, which supports the idea that selling pressure is diminishing.
Retest: After the breakout, it's common for the price to retest the upper trendline, and if it holds, it provides further confirmation of the bullish reversal.
Example
Imagine a stock that has been falling for several months. The price forms lower highs and lower lows, creating a narrowing wedge. Suddenly, the price breaks above the upper trendline with increased volume, signaling a potential reversal and the start of an upward trend.
Here is the Down Low on $DLO! 149% UpsideHere is your next H5 Setup! 🚀
DLocal Limited - NASDAQ:DLO
Here is the down low on DLO!
- H5 Indicator is GREEN
- Falling Wedge Breakout! I want to see it break $11.78
- MACD is approaching a cross of the Zero line! Bullish
- Launching off AVP Shelf with a GAP to Fill
🎯 $17.26
🎯 $24.22
📏 $29 (⏳Jun2026) 📈 149% Pot. Upside!
NFA
Square ($SQ) Set to LAUNCH! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀
📢 High Five Setup Alert on Block ( NYSE:SQ )!
My H5 Indicator is flashing green, signaling a prime opportunity to take a position in $SQ!
Key Highlights:
Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested.
Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move.
📈 Price Targets:
Primary Target: $149
Main Move Target: $162
This setup is primed for action! Will you be adding NYSE:SQ to your watchlist? Stay tuned for more insights!
👍 Like | Follow | Share 👍
Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!
Bloom Energy $BE MASSIVE 50% MOVE! Could double from hereBloom Energy NYSE:BE MASSIVE 50% MOVE! Could double from here
- Its a HIGHFIVESETUP
- Massive bullish falling wedge pattern breakout with a measured move up to $45
Let this thing breathe or come back for a retest as 80-90% of breakouts retest.
I do not advice getting into this name at this time. Just wanted to point out the possibility and add to watchlist for a pullback potentially.
NFA
EURUSD - Technical Analysis [Long Setup]🔹 EURUSD Analysis on 4H chart
- The current Trend is BEARISH
- There is BULLISH divergences
- Reversal pattern is present which is falling wedge
🔹 Trade Plan For 1HR
- Entry Level = 1.08750
- Stop Loss = 1.08339
- TP1 = 1.09170
- TP2 = 1.09653
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
Like and subscribe to never miss a new idea! ✌🏼
ICP/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
ICP/USDT forms a falling wedge-like structure in the daily time frame. It breaks out from the wedge and is currently, going on for a retest. Accumulate it at the retest level.
Entry range:- $7.7-$8.1
Targets:- $10.6/$13.4/$16.8/$19.8
SL:- $6.26
What are your thoughts on ICP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
USTC BURN = 0.07We may have a big pump to 0.07 soon, it is risky since there is a lot of fud around this coin
All timeframes oversold and burn coming
PAEL ANALYSIS 3.0PAEL forms a bullish reversal Pattern
FALLING WEDGE with Bullish divergence on rsi and forms a new HH After break of LH .
buy at CMP and place sl at 23.50 with TP 1 AT 26.50 AND TP 2 AT 28
LCID falling down on weak revenue LONGLCID is in a falling wedge pattern again on the 30 minute chart. Eventually it will break out over
the pattern. It has been in a simlar pattern in the recent past. This is now basically a tall bear
flag in its consolidation portion. While price could go even lower, reversion to the mean says
that it will retrace. The Fib tool suggests 3.35 over an intermediate term. LCID has a rich
uncle in Saudi Arabia and its wealth fund. Most certainly, they will accumulate heavily at this
price level. Shorts will buy to cover once there is a saturation of buying and price action
follows in keeping with Wychoff's theory. The mass index has signaled a reversal. I will dip buy
this like the SA traders and add to the position once some bullish momentum is seen.
DIVISLABDIVISLAB fut broke out of faling wedge or parrellel channel on an hourly charts with decent OI build up.
Risk:Reward = 1:3
Not to be missed breakout.
Could be bought with mentioned stoploss & target.
SOUN breaks above falling wedge LONGSOUN has been falling since March 21st and in the past week in a falling wedge pattern.
It broke out above the wedge early in the 4/4 session and I opened my long trade position
soon after in three separate pieces. I have set targets based on pivots or consolidation levels
on the trend down including a standard Fibonacci retracement. The trend up will be
slow perhaps due to the general technology market recovery of the correction made for
the ambiguities of the rate cut. I am projecting a trade profit of 30-40 %.
FALLING WEDGE, WILL THINGS CHANGE?MATIC/BTC has been suffering in this downtrend. Though it keeps going down, it's now showing a reversal pattern, which may or not be the start of a change to an uptrend.
I'm going to keep my eyes open, waiting for trend change.
UVXY - VIX Futures ETF- rises from a falling wedge breakout LONGUVXY on the 30- minute chart is now in an establish falling wedge breakout. Increasing
volumes lend support for bullish momentum as does the fear that rate cuts may be postponed
the the market's bullrun may stall and correct. This chart is left clean with only trend lines
drawn in recognizing that quite a few traders only have a basic subscription on Tradingview
without the luxury of multiple indicators, alerts and so on. A rise in the VIX may be a signal to
start trimming long positions or hedging with short trades.
KOLD triple leveraged inverse ETF for Natural Gas LONGKOLD on the 15 minute chart shows a prior uptrend followed by a large falling wedge pattern
from which in broke out then to form another smaller falling wedge. Anchored VWAP bands are
added showing price is now just above the support of the mean VWAP line also confluent
with the Fibonacci retracement of the uptrend of the first 20 days of February. The RSI
indicator shows relative strength low and less low time frame lines near to the 50 level.
I see this as an excellent setup to take a long trade in KOLD with the target and stop loss
on the chart looking to capture 15% upside.
CMDX's Epic Breakout: From Falling Wedge to Sky-High Targets! 🚀CMDX/USD: Navigating the Breakout and Continuation Patterns
CMDX/USD Technical Analysis Overview:
In a striking turn of events, CMDX/USD has shattered its major falling wedge structure, signaling a bullish momentum that has caught the eye of many traders. Following this breakout, CMDX/USD is currently crafting another continuation pattern, reminiscent of a falling wedge, suggesting that the bullish narrative is far from over.
Key Fibonacci Retracement Levels to Watch:
As CMDX/USD carves its path upwards, the Fibonacci retracement levels offer significant take-profit zones that traders should monitor closely:
Initial Target Zone: The $.085-$.10 region, correlating with the 38.2% Fibonacci retracement level, serves as the first major area where traders might consider taking profits.
Midway Point: Progressing further, the $.19-$.20 range aligns with the 50% retracement level, marking a critical halfway point in the asset's recovery journey.
Higher Ambition: For those with a more bullish outlook, the $.55-$.88 zone, matching the 78.6% retracement level, presents an ambitious target, hinting at a strong bullish conviction.
Ultimate Targets and Price Discovery:
Top of the Wedge: The apex target at the top of the wedge stands at $2.70, a level that would not only confirm the strength of the current trend but also set the stage for potential price discovery.
Beyond All-Time Highs: Should CMDX/USD venture into uncharted territories beyond its all-time high, the $9-$11 range emerges as the grand 1.272 Fibonacci extension level, offering a glimpse into the asset's long-term potential.
Timeframe and Strategy:
This unfolding scenario might span several months, urging traders to adopt a blend of patience and vigilance. Keeping a close eye on volume, market sentiment, and related macroeconomic factors will be crucial in navigating this journey.
Conclusion:
The CMDX/USD pair is painting a bullish tapestry, marked by breakout and continuation patterns that beckon traders with a long-term vision. As we traverse these Fibonacci landmarks, the journey promises to be both exhilarating and testing, with the ultimate prize lying in the mastery of timing and strategy.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always conduct your due diligence and consult with a financial advisor before making investment decisions.
Sunworks correction/turnaround soon? ABC, potential to 2.70Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation.
Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests, that the wave 5 down could be finished (1.618 extension was put in a few days ago), and we are up for at least an A-B-C upside correction.
Possibly (but not guaranteed) we just starting to put in the Wave "A", so far.
Consodilation in a smaller channel happening, with one breakout to the top,which could fall back. Important thing in order to have this idea a basis, is not to put in a new low (0.7252), and not to stay below comfortably 0.78. If that happens, then I need to assume new lows are coming.
It is possible, that this 0.78 level will be retested, I am following SUNW's actions now more closely.
On the daily, RSI is started to come up a bit, trying to leave the oversold levels. MACD coming up, a little bit week still.
The 9/15 SMA's starting to turn updwards, currently being a possible support. 21day EMA so far rejecting price actions, so we are squeezed in between those.
52day EMA/180 EMA, 200SMA coming down, 52 in a higher speed.
On the weekly, 200 SMA up at around 3.92; it is far away (to be a resistance)
Weekly RSI is on oversold levels (could drop more of course), trying to leave it, now showing sign of possible normalization,
MACD indicator could start to converge (in a few weeks could be divergenced, but no guarantee)
I have opened a long position( accumulation purposes), regardless of this idea.
I plan to open an other one for swing-trading, IF we restest the 0.78 fib level and popping back up from that (meaning possible wave 3 starting to the upside, and wave 2 is in)
Also be aware, as of now, the 1st quarter 2023 results,conference call and webcast was postponed, which might heavily influence the price actions (and sure it has a reason behind it.)
Resistance at 0.92, next resistance at 1.12.
No GAP below, next GAPs upwards:1.12; 1.62
EURAUD may declineEUR/AUD has recently formed a bearish rising wedge pattern, and a decisive break below the trendline suggests a potential for further decline in the price. This technical formation typically indicates a weakening bullish momentum and an increased likelihood of a downward correction.
BTC Bullish Pattern on Oct 1st, 2023We can see a falling wedge pattern in daily chart. This is a bullish pattern for few days.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
