Rising Wedge
Massive Rising Wedge ? Not the end of this Bull Run?Personally, I think that this is not the end of this Bull Run
We are still on the wave 4 of this Rising Wedge on BTC daily
For me 42K-40K is the bottom and its gonna be bloody for retail, because there gonna be fakeout and SL hunter by the whales, before it pump like crazy.
Its gonna break new ATH mid to end of 2022, before its gonna end this Bull Run for good and dump to below 30K-ish.
Technical sides even MA 50-200 is not even crossed yet, so brace yourself for whatever happens in this next few days/week.
Not Financial Advice.
STAY AWAY FROM LEVERAGE DURING THIS UNCERTAINTY, play it safe get rich in next bull run lol
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Rising Wedge, Parabolic TrendLUNA is in a Rising Wedge (ultimately bearish) within a very Bullish parabolic rising support. There is still room for enthusiastic buyers to drive the price higher within the wedge, but it's a high-risk play. I certainly wouldn't enter a short position, but I'm also not interested in longing these levels. I'm waiting for the wedge to break down and then looking for a clear entry around the 50 EMA, or when the curved support is retested.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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EUR/CAD showed bear returnIt seems that the pair has just finished retracement to the upside and is ready to start with the main trend (which is bearish). As we see there was a rising wedge (which is interpreted as a continuation of the pattern if formed in this way). Well, I would wait to see if the pair will have the strength to retest or start to decline without it. Keep in mind that anything can happen and that it is not a matter of being right every time, but of increasing the odds in your favor when you are.
SOL inside rising wedge#SOL/USDT
$SOL is trading inside rising wedge that is a reversal pattern and if price break the lower line of this pattern it can drop to parallel trend lines with upper line of wedge around support zone between $173 and $167.
but if #SOLANA price break the upper line, it will increase toward parallel trend line with lower line of wedge around $210 and $220.
Bearish mid-term, Bullish long-termMATIC appears to be forming a clear Cup against BTC. It's also in a Rising Wedge pattern (bearish). We've recently seen bearish divergences on the daily and 4-hour charts. Buyers appear exhausted. I'm not interested in longing MATIC at these levels and I'm expecting a cooling off (Handle) before breaking out higher. I'll be looking for bullish divergence at least on the 4-hour before this is tempting for me.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!
$RELI – SI 76%$RELI entry PTs 5.29-6.30 Targets PT 9-10.50 and higher
$RELI – SI 76%
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.
BITCOIN Daily Looks RIPE for a LONG!!!been gone for a while might just ease back into this. see my older analysis were on the MONEY! stop getting REKT and follow me !!!
we have good support with volume on the trend lines (rising wedge). i think with the MACD still below Zero and the RSI climbing we can see another retest to the top of the wedge.
well see what plays out
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BTCUSDT: Rising Wedge Or a Miracle to Flip Upward?BTCUSDT: Rising Wedge Or a Miracle to Flip Upward?
By the monthly chart, i would estimate a rising wedge that shows sign of exhaustion and slowing momentum.
It it dips, my guess would be towards 31k - 34 k. This is consider healthy reset.
The other side of the coin is flipping upward trend by purely fundamental analysis; an impact so great that it doesn't care what TA is about.
I would watch closely on Q1 and towards Q2.
Green lines are supporting line +/- 1k. Best spot to exist if your are trading mid term.
Yellow dotted line directions are all estimates. NO way i can be exact in weeks or even days.
Pls trade safely.
Rising wedge in HCLTECH on a 15 min tfhcltech had created a gapup due to which selling can be seen and a rising wedge is forming
1st entry for short can be created below closing of 1258.50
with tg of 1246
2nd entry below 1246 with target of 1230
keeping sl trailing as per risk appetite
disclaimer: this post is not an investment or trading advice
please consult your financial advisor before deploying any capital
pls drop down your doubts and comments
and like if you want more charts
Ethereum is struggling with an important key levelFundamenta Aspect
Ethereum Upgrade Delays 'Difficulty Bomb', more on my blog as I cannot paste the link here.
Technical Aspect
Ethereum is establishing fresh support above the $3,500 level, and if buyers continue to break over the crucial resistance level of $4,000, the price may begin a new rally.
If buyers continue to sway the market, the nearest obstacle they will encounter is at the $4,000-$4,150 level. The price's first significant resistance level is at $3,950, which, if broken, might signal the commencement of a fresh uptrend in the near term.
Contrary to this assumption, if buyers can not overcome the $4,000 barrier, the downtrend may continue. In this case, the closest price support will be at $3,500 - $3550.