Rising
My prediction for SPY this month Seems as though the rising wedge pattern is already starting to play out...
WABIBTC is creating a falling wedge 🦐WABIBTC is creating a falling wedge below the weekly resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
SPY Rising wedge Pattern -BEARISH Rising wedge pattern on the 2hr chart.
-Volume slowly decreasing the past week
- We could see another retest of the ATH before this Bearish scenario plays out
-If price breaks out above ATH with good volume, we could see another short term bullish move before any significant drop
-Every indicator is pointing towards a drop, we just don't know when until it happens. Tomorrow, next week, next year. The thing is, nobody knows and everyone will try to call a "TOP" and most of them will be wrong. That is why it is crucial to always have a game plan in place for if there is a correction or sudden drop in the market.
What are your thoughts on this analysis?
XRP rising wedge possible dip...XRP created a rising wedge with a possible dip to 1.4 0.618 depending on btc
if BTC dives deeper then XRP can reach 1.23-1.17
Max would be 0.97 if it wants to keep current trendlines intact
how much will BTC fall?BTC chart had a rising wedge and broke under line
now I predict BTC is going to have a pull back to the that line and then falls to around 47000
follow me and write a comment about this coin
encourage me by liking
VECHAIN gonna test 0.3$ soon (tonight)VET is very promising coin in these days, last week over %150 profit that it's already made.. it's not like DOGE, it's a protocol coin and going up with as new week's rising star again.. And If you wait for more moment I've hope it will ding 1.00 $ before in 2months period.
Rising Wedge pattern in BitcoinThis is another reason why I believe that that pattern in Bitcoin will happen I seen this formation last week in Kiwi play out the same way.
AUTO/USDT Recent listing on Binance and all Coins in circulationAUTO got recently listed on Binance and is still a very young project.
It's a yield farming aggregator running on the Binance smart chain and Huobi Eco chain.
After the listing we got back to the price level from before.
However nearly all coins are currently in circulation and both chains are getting more and more attention.
The pevious ATH is around 13'500$ and therefore our second target.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Short term profit taking for $vetRising wedge on $vet. Profit taking in the rectangle if you want to get out and convert to $btc or fiat.
GC> long or shortGold could be a long or short depending on this 4 hour candle close. The triggers for a long and short are shown. My bias is short because,
1. Resistance needs to be broken and resistance happens to be the often strong 786 fib line
2. Upward wedge often means down move.
However be prepared for a move in either direction as both scenarios are possible.
Please like and follow if you enjoy my charts
Ms Bunny
GBPJPY RISING WEDGE ON SUPPLY LEVEL + RSI DIVERGENCEGBPJPY HAS RISING WEDGE TREND REVERSAL CHART PATTERN ON SUPPLY LEVEL AND WE ALSO HAVE RSI DIVERGENCE
lets rock for the next step this is an update for the last step its going to turn the MA is in a place to move forward
CADILA HEALTH CADILA HEALTH Rising patter RED are target for INTRADAY or BTST Trade on Your own RISK N REWARD
RISING WEDGE WARN!guys there is a wedge formation on BTC... its so huge one.... its not a financial advise but i just want to warn to be careful about that.
HOT/USDT Very active and only looking upwardsHOT is currently very actively implementing new updates and reporting new integrations.
I consider this to be a bullish sign which makes us look upwards.
Currently we are close to a rising supportline (violet).
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
AUD/USD SHORT, Rising wedge encountering weekly highsThe pair seems to be forming a rising wedge which could lead to a very good short opportunity. When the price meets the weekly highs around 0.81000 the downward move has great potential. This trade will take a little longer than most trades i am in but the potential profit is worth it.
Is US10Y Yield going up?Hi there, as I draw, in my idea the US10Y Yield will rise till the level 1,68, I put the stop as a red line, as you see many levels form that triangle that ends to the resistance of February 2020.
I drawed green lines to support the rising, as you see the week ends, using that line as support, maybe because is slowing down from the 1,5% peak, but well it didn't go far away from that layer.
Using the bottom from March there is a projection that i draw with the blue dashed line, but in my opinion is weaker than "the yellow pattern".
I tried to figure out a trend myself
Let me know your opinion about.
Thank you :)
