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Wedgebreakout

NAS100 Falling Wedge? 27.09.2023It is clear that all U.S. benchmark indices are currently facing a downward trend. In the case of the NAS100 the Falling Wedge formation seems to hold. we could see the index falling even further when volatility kicks in after market opening at 16:30 GMT+3. 14620 serves now as an important resistance level (was acting as support previously). The next support is probably at 14525. Breaking that as well might cause index to drop further at near 14440.
PEPPERSTONE:NAS100Short
by Stuart_Cowell
1
CELR/USDT 1-Day Long SetupCELR/USDT 1-Day Long Setup CELR/USDT has been trading in a range for the past 7 days, but bullish divergence is suggesting that upward movement is likely in the coming days. The price has also found strong support on the 1-day timeframe, and a breakout from the current wedge pattern to the upside is also possible. Overall, this is a bullish setup for CELR/USDT, and a long position could be considered. Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
Long
by ChartsInsights
4
Rising wedge & crytical resist zone for BTCPure , fast , simple TA for BTC USD 1W tf .. so im looking for shorts after BTC price fall down from rising wedge , supported with bearish divergence ..My entry zone is somewhere from 28000USD to 30200USD .. For SL looking at 32850USD I can see on chart also potentional H&S pattern .. neckline will be my potentional TP1 .. somewhere near 25000USD... Its only my personal opinion .. Have a nice day , leave comment what do you thing about , if agree or if nope . See you guys , when first entry to position :D Do not trade what you think , trade what you see ...
BYBIT:BTCUSD.PShort
by Chlvx187808
HBAR: Big Guy PlayThe last idea for today, will not write a long read and will keep it short instead. With BINANCE:HBARUSDT we're moving inside the long shallow uptrend, then formed the triangle with the descending wedge inside, which guided us to the lower zone of this long uptrend. We're not having other chance than to get some new liquidity in and break out of the wedge for probably the last leg of this uptrend before coming down into the possible autumn correction. What else adds confidence to these words? I just LOVE how this Big Guy indicator plays out on HBAR showing the good moves everytime after the zones with big guys walking in. And we've just had another one pop up. We're currently AT the resistance zone and we might either break out right about now, or will test out the liquidity zone again within next few hours and pump! Consider short Stop Loss below the yellow trendline, or the longer one below the previous higher low. Have a good buy in and a calm night 👁️ A.I.Vision
Long
by A_I_Vision
17
RUNE: Breakout after BreakoutHello friends! Few days ago I've put BINANCE:RUNEUSDT on my list cause I've seen it to be close to the breakout of the new short-term resistance formed on 1h TF. Interestingly enough, it had just broke out of the long going resistance level two weeks ago, went through the point of BoS (Breaking of structure) (by creating the new higher high after the one that has been under that previous resistance at 1.969) and by this moment it is creating the new Higher Low. Again, interestingly enough, while forming the new lower low it is creating the new zone of interest by creating this new resistance I was talking about and actually breaking through it. At this particular moment, the breakout isn't yet totally confirmed cause it hasn't gone through the new BoS, but this point might be this new higher low. So: If you are risky enough, consider the Entry 1 Zone with the Stop Loss below the previous Low. In case if the Higher Low isn't yet catched, the price can go to the zone of $1.2-1. Consider re-entering at that point. If you don't like the risk - wait until the break of structure will be confirmed and consider Entry 2. First Targets will be within the fulfilling of the wick that led us to the previous BoS. Fulfilling it strongly will most probably lead RUNE to the next zone: $2.9-3.1
Long
by A_I_Vision
CFX: Break(fake)out zone?Friends, I've been asked to give a comment on the BINANCE:CFXUSDT chart, so here is my take on it. I've made both: Wave analysis, that shows we're actually near entering into the last zone of purchases for the long term And analysed this descending wedge with the possible breakout (You can totally see most of coins are in the same position). I suggest you to look closely, if we will break it out, we will make the last wave with the upmove within the descending area, then - provide the last correction to the bottom zone, which, by that time, will connect with the old trendline resistance and the new support, and from there we will enter the long and boring accumulation zone. Few words. Nowadays most of the Alts' charts feel pretty much the same. Descending Wedges/triangles are everywhere. And this is the good time to trade those breakouts/fakeouts. Cause after that, the real boring market will come into place. And it may take another year to reaccumulate everything and to shakeout The Last Samurais. The bottom zone is near, however we're still not there. 👁️ A.I.Vision
by A_I_Vision
2
ETHBTC ❗Caution❗One more for today will be ETHBTC chart. The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation! ...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But... We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably. So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks. Be aware. Envision. 👁️ A.I.Vision
by A_I_Vision
1
📉 $OXT/USDT Falling Wedge Setup! 📉📈 Exciting news for #OXTUSDT traders! 🚀 The chart is forming a captivating Falling Wedge pattern, pointing towards a potential bullish reversal! 💹 📉 As the price has been marking lower highs and lower lows, the falling wedge pattern indicates a phase of consolidation and decreasing selling pressure. 🧩 Falling wedges often pave the way for upward breakouts, suggesting a potential trend reversal and the emergence of a new bullish phase. 💡 Keep a close eye on the wedge's resistance and support levels to anticipate the potential breakout direction. 📊 Technical indicators are showing promising signs of a potential reversal, adding further credibility to the bullish outlook. 🔔 Stay alert for a breakout above the upper trendline, as it may act as a signal for the start of a bullish trend. Remember to set your profit targets and stop-loss levels wisely. 📅 Always prioritize risk management and trade responsibly. Thorough research is key before making any trading decisions. 🚨 Don't miss the action with #OXT! 🚨 Let's see how this Falling Wedge unfolds! 🤞 (Note: This post is for informational purposes only and should not be considered as financial advice. Trading involves risks, and past performance is not indicative of future results. Always conduct your due diligence and seek professional advice when necessary.) #CryptoTrading #TechnicalAnalysis #BullishSetup #TradeSmart #DYOR #CryptoMarket #ChartAnalysis #EmbraceTheWedge #BullishTrend 🚀💰📈
Long
by STP_MrNodeItAll
📉 COMBO/USDT Falling Wedge Setup! 📉📈 #COMBOUSDT is currently showing an intriguing Falling Wedge pattern on the chart, hinting at a potential bullish reversal! 🚀 📉 The price has been forming lower highs and lower lows, shaping the falling wedge pattern. This suggests a period of consolidation and diminishing selling pressure. 🧩 Falling wedges often lead to upward breakouts, indicating a potential trend reversal and the start of a new bullish phase. 💡 Watch closely the resistance and support levels within the wedge to determine the possible breakout direction. 📊 Technical indicators are providing some positive signals for a potential reversal, adding further weight to the bullish scenario. 🔔 Keep an eye out for a breakout above the upper trendline, as it could serve as a signal for the beginning of a bullish trend. Set your profit targets and stop-loss levels accordingly. 📅 Remember to practice sound risk management and trade responsibly. Always conduct thorough research before making any trading decisions. 🚨 Exciting times ahead for #COMBO! 🚨 Let's see how this Falling Wedge unfolds! 🤞 (Note: This post is for informational purposes only and should not be considered as financial advice. Trading carries risks, and past performance is not indicative of future results. Always do your due diligence and seek professional advice if needed.) #CryptoTrading #TechnicalAnalysis #BullishSetup #TradeSmart #DYOR #CryptoMarket #ChartAnalysis #EmbraceTheWedge #BullishTrend 🚀📈💹
Long
by STP_MrNodeItAll
📈 $ARUSDT Two-Week Falling Wedge Spotted! 📉Hey traders! I've identified a potential falling wedge pattern on the ARUSDT chart, observed on the two-week timeframe. Let's explore this setup and see what it could mean for potential trading opportunities. Here are the details: 📌 Ticker: BINANCE:ARUSDT 📌 Pattern: Falling Wedge 📌 Timeframe: Two-Week 📊 Chart Analysis: BINANCE:ARUSDT has formed a falling wedge pattern on the two-week timeframe. This pattern is characterized by converging trendlines with lower highs and lower lows. It often suggests a potential bullish reversal. 📈 Potential Bullish Scenario: If BINANCE:ARUSDT breaks above the upper trendline of the falling wedge with a significant increase in volume, it could indicate a potential bullish breakout. Traders may anticipate a price rally and consider long positions. 📉 Alternative Bearish Scenario: In the event of a breakdown below the lower trendline, it may invalidate the falling wedge pattern, and a bearish continuation becomes a possibility. Traders should remain cautious and monitor price action closely. 💡 TradingView Analysis: For a more detailed analysis, check out the BINANCE:ARUSDT chart on TradingView 🔍 Join the discussion and share your thoughts on this setup in the comments below! Are you watching BINANCE:ARUSDT ? 📣 Don't miss out on the latest trading insights and setups! #ARUSDT #FallingWedge #TechnicalAnalysis #TradingView #CryptoTrading #TradingSetup Disclaimer: This is not financial advice. Always do your own research and consider your risk tolerance before making any trading decisions. Happy trading, and may the markets be in your favor! Professor Node It All
CRYPTO:ARUSDLong
by STP_MrNodeItAll
1