Get started

Rising

Bitcoin - Transactions Large Increase.. Bull Trap or Real Deal?Bitcoin Transactions have increased in last couple days, which should indicate a spike in short term price. Drawing Trendlines on Bitcoin Chart, we obviously have a short term Rising Wedge pattern. It seems we dipped below/sideways, and now have the bottom trendline to contend with as the new resistance. So is this last wave just a Bull Trap? Are we destined to go up just enough before correcting?? Or will this wave take us a good distance upwards, validating the Golden Cross of the MA50 over the MA100?? *This will be the FIRST Time I have gone against what the Transactions have told me. We will see.
BITSTAMP:BTCUSDShort
by Shwayze
6
DOGEUSD - Possibly set up for launchDOGE Looks like its setting up for another bullrun during Bitcoins 5'th impulse move from 45K to 52-54K inside its ascending wedge. Looking at bitcoin nearing its pattern's rising support line and losing downwards momentum, it does seem like it will bottom out here, and soon bounce. Target's for DOGE, kinda hard to predict, but i'll make a sketch, so here are my assumptions: It will pump less in % than last run it will be a slower pump it will have more stops as it meets levels it has gone through already unlike previous run. Comparing with BTCUSD for timing. Good luck with your trades.
Long
by MVPMC
7
SPY dump along with NASDAQ and DOWSPY Since September I have been saying something is wrong. The ramp up is as about as real as a Tinder profile. In March 2020 everything was at a stand still. The market lost next to nothing and kept going and going. A lot of us weren't working and a lot of us that were, were producing next to nothing in product to support this type of price action. Mr. Rising Wedge, please meet Mr. Descending Channel. This along with all the rules by the DTCC, SEC, NSCC and soon, I am sure, the CDC are all finally catching up with us.
UShort
by ssyxworld
Nasdaq Rising Wedge Breakdown As you can see the Nasdaq has been in an uptrend that’s been the support of a rising wedge since May 19th. On August 10th it broke to the downside and quickly retested what is now the support that is now acting as resistance. In doing so it has created a 200 point range that might bring it down to the 161 Fib level. If it were to break that, look for it to continue to fall down into the purple area of consolidation that it got caught up in on April 16th to 21st.
UShort
by adamhelton