This is what you can expect from this fantom rally!If fantom succeeds in confirming the breakout of this rising wedge pattern, we will see a continuation in price.
How does this confirmation work? After retesting the upper band of this rising wedge and finding support, a new ATH would confirm this continuation.
However if fantom does not succeed, and drops back inside of the rising wedge, it is more likely this was a bull trap and a blow off top.
Buying these trades is very risky and is not recommended. This rally is currently getting fueled by retail fomo and is very volatile.
A good buy opportunity is the bottom of the rising wedge and previous ATH. Around 800 sats, as indicated on the chart with a green box.
These are only ideas, trade at your own risk!
Good luck everyone! GG fantom
Rising
BTC/USDT Breakout needed for short-term bullish continuationLet's face it. We are probably within the most bullish market ever.
At one point there will be a pullback just when is the question.
Now we are at the very top of a rising channel, so a pullback could be imminent.
In case we manage to break through it looks completely different again.
Overall Crypto and therefore Bitcoin is very bullish.
Cheers
Please comment what you think about.
REEF/USDT Rising Channel towards the moonReef is a DEFI project on Polkadot and currently within a rising channel.
Incresing volume is another bullish sign.
TDOC - LongTeledoc Health (TDOC) is trading inside of a rising wedge that we believe will break to the upside. The green upward trend-line is the target. Our two highly probable scenarios are outlined on the chart. A rise in volume should push the stock above the cyan resistance line. A backtest after the breakout would be a great time to accumulate. - HH
BTC/USDT Day Chart Forward projectionsIn this idea we see a rising wedge that has a high percentage of breaking to the downside. The wedge pictured is confluent with Btc Dominance and the scallop charts I have published prior showing a fall in to the bottom of the scallop. Confluence between the falling wedge on the DXY index is another strong suggestion that this idea is accurate. My personal projections are by the end of January we will be moving out of the Horizontal Consolidation Region on our way to a new all time high of roughly 36k. Posted prior to this idea is a fractal of the projected HCR movement and I will update with the new data that has come in as we move forward. While we traverse this region we should see a great alt season as BTC moves sideways. At this time the best move I can see is to realize profits and liquidate holdings to have in USDT ready to buy the dip. Good luck everyone much love.
If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains.
Please keep in mind that the stock market will probably correlate with this movement until we start heading towards all time highs and have a much needed decoupling from traditional markets.
Update on GRT , ROAD TO .90Hey guys i've been posting a lot of GRT lately , but that's because i have started to really like The Graph entirely. The more research i do , i am seeing that this company and token is deffff on the rise. Plus it has followed trends from the very beginning. Its a very stable company , & very stable Crypto.
i want to say thanks for all the feedback so far , it is very appreciated . PLEASE FEEL FREE TO LIKE AND/OR COMMENT
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IOTA Rising Wedge ShortMeasured move depends on when/if it falls out of the bottom of the wedge, but a safe place to take profit is around the green horizontal support line.
If it breaks out above the red trendline, this is invalidated and the trade is not there. It would then be very bullish and set up a long.