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Fallingwedgepattern

$GLBS CURRENTLY $4.81 & SHORT SQUEEZE TO $100Globus Maritime Stock Available At Robinhood Currently $4.91 & SHORT SQUEEZE UP TO $100 Price Action Hovering Near Alltime Lows. Confirmation Of Double Bottom! Officially Breaking Out Of Falling Wedge Pattern Bullish Reversal! Short Float Percentage 21% Of all its shares available, 21% is shorted meaning 1 out of 5 shares is betted the price goes down. So what I suggest we pump it, have those short positions cover their losses at a higher price and our investment soars! I personally invested $50,000 into this stock, if the minimum target of $20 is completed, I’ll have $200,000. Now imagine if the target gets up to $100! I’ll go insane! RSI On the Monthly, Weekly & Daily Is Hovering at 30! EMAS 9, 21 & 55 about to Golden Cross! Online Articles Speaking About Short Squeeze! Reddit, Twitter, Stocktwits, Youtube, Tradingview & All Social Media About to blow up this stock! Be prepared, I’m a believer and the most consistent of this money making opportunity!
NASDAQ:GLBSLong
by WALLSTVIDEOS
8
ETHBTC portends a pullback in the broader crypto marketTLDR: There is a high level of correlation in the market so if ETHBTC is red the broader market is likely red. Analysis The black lines show a neckline to a head and shoulders that is very visible on lower time frames. The purple area shows an area where we could see the price stall and consolidate before we continue the downtrend. There are two main targets for a double top. One is the Hight of the top to the valley between the tops and the other is to give up all of the gains prior to the top. Here I expect we get overperformance. How far is a bit tricky because I don't know which of two bearish patterns is going to be controlling. Macro View Here are the two formations... One is a orange rising channel which may have us test the midline or support before breaking to the upside. Staying in the channel which concurs with the triangle support would be a very bullish way to have a pull back. A less bullish way to have a pull back would be for us to test the falling wedge as support after breaking out of the falling wedge mid last year. Here is an example of XRPUSD doing a vicious retest of support last winter. Here is XRPBTC having a few attempts at getting a wedge to perform. Conclusion Retesting wedge support is very normal and we have the structures on multiple time frames for a retest to occur. These ETHBTC do not exactly tell us what ETHUSD will do as it could be BTC outperforming eth to the upside or ETH outperforming BTC to the downside, or even worse for eth, BTC and ETH running in different directions. And as the TL:DR mentions, if ETHBTC is getting a pull back we can faily expect and protect ourselves against a broader market pullback and plan attempts on playing the reversal with a battle plan.
Long
by This_Guhy
4
NATIONALUM - Monthly & Weekly chart analysis - Swing TradeThe stock price is analysed purely based on Price action & Popular chart patterns. Analysis is done both on Monthly as well as on Weekly Time frame. It may take the stock price few weeks to months to reach potential targets Analysis is shared through below images. Monthly Chart - Falling Wedge Weekly Chart - Darvas Box Weekly Chart - Bull Flag Traders should do their own study before entering into any trade. Also checkout my other ideas based on similar setups and their results (ideas linked below) Feel free to comment for any suggestion or query.
NSE:NATIONALUMLong
by AdityaKarn90
Breakout From Falling Wedge Here it looks like we're getting another trend reversal on CHPT. Over the past 2 weeks it's been in a falling wedge pattern. Today we saw it break out of the falling wedge and retest the previous resistance as support. Then from there it jumped up about 5%, so great bullish signal we broke out of the downwards trend. Not only that but we also have a triple bottom now at the 19-20 dollar range in the last several months. I'll be catching it on a dip tomorrow and jumping in to ride it back up to the 30-32$ range for a swing. Hopefully we get a Biden green infrastructure announcement to help give it a little boost over the next 2 weeks.
NYSE:CHPT
by OfficialKairosMusic
1
WHAT IF this is a cup&handle?Up until recently UMA was in a never ending descending wedge, at least until 7th March when it broke out. Subsequently it went down following the market but now I've just noticed that what has formed between the last peak into the wedge and the peak of the broke out it's a cup and the handle is currently being "finished". Statistically handles start going up after retracing around 20% (like this one, you can see it on my chart), afterward they reach the cup border again and from there the real pump begins. Also, using Fib retracement I noticed that we're close to 0.618 line, an important zone for reversals. If I'm right this is a perfect moment to enter, the target is on the chart. I'd add that I'm convinced that 45$ should be the minimum we should target for this token. This project is the best one for synthetic tokens (if you don't know check it out). If you have a lot of money and you don't need to do short trades I suggest you to hold this one as long term although the perfect entrace was before the huge pump which then retraced into the falling wedge. Stop loss: 20.57$
Long
by Shotokhan
2
GTOUSDT 6H Long setup; Falling wedge about to break outTA Explained GTO broke resistance level with a massive impulse. Now fully retraced back, tested the support area and forming a falling wedge. A breakout of the wedge will, most likely, trigger the next impulsive leg up. Trade setup Best entries: 0.01756 - 0.02020 TP1: 0.02637 TP2: 0.03281 SL: 0.015 RR: 3.53 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
GLong
by MattieDsCryptoLounge
3
USDCAD on a falling wedge? 🦐USDCAD on the daily chart has been in a long downtrend since March 2020. The price with the recent lows attempts to break below the weekly support at 1.26 and went back above. On the big picture, we can spot a falling wedge and according to Planct's strategy, if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
3