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Wedge

ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that. Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening. Resistance levels: 0.26800, 0.35120 Support levels: 0.21420, 0.1500 For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another. Regards R. Linda!
Long
by RLinda
2
Rising Wedge Pattern For SWFTCoin.... Hidden Ascending Triangle!The rising wedge is a chart pattern used to identify possible reversals. The pattern appears as an upward-sloping price channel featuring two converging trend lines. It's usually accompanied by falling trading volume. Wedges can either form in the rising or falling direction. A rising wedge is often considered a bearish chart pattern, meaning it indicates a breakout to the downside. Be careful of a shakeout-fake-out. It appears as though an Ascending Triangle is hiding in the shadows. It is very common for whales to accumulate at the bottom of these patterns.. glta
COINBASE:SWFTCUSD
by satoshi123
Ripple Analysis - What Shall we Expect !!! If this wedge breaks, the price will drop to $2.3. So, be careful. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
1
Rising Wedge Break Puts January Lows on RadarHang Seng futures have broken out of the rising wedge formed since early January, leaving them vulnerable to downside. Bulls stepped in ahead of the 50DMA earlier today, paring losses, but price action into the close could be key in determining near-term direction. Momentum signals are mixed—RSI (14) has broken its uptrend, but MACD has yet to confirm. A slide into the close could open the door for shorts targeting a retest of the January swing low, with the 50DMA and minor support at 19,430 found in between. A stop above Monday’s high would provide protection. Good luck! DS
HKEX:HSI1!Short
by FOREXcom
UJ Prepping Falling Wedge Breakout To Start 2025?FX:USDJPY starts 2025 in what appears to be a Falling Wedge, but following the 50% Fibonacci Retracement based from the Low @ 148.639 to start December 2024 to the High @ 158.874 last month, Price seems to may be ready to setup for a Bullish Break of this Pattern. To see if FX:USDJPY has truly Broken Out of the Falling Wedge, here are some signals: 1) While price travels lower in the Falling Wedge, we can see Volume picks up the lower price goes 2) The Breaking Candle following the 2nd 50% Retracement touch generates a good amount of Bullish Volume compared to the similarly sized printed Bullish Candle following the 1st 50% Retracement touch (both candles marked in yellow to compare) 3) Following this Break, we see RSI Break above the 50 mark moving into Bullish territory. ** Buy Opportunities will come if Price successfully retest the Break of the Falling Resistance and finds Support. -- Beware of a False Break if Price decides to fall back down Below the Falling Resistance too soon before a legitimate test.
Long
by Novi_Fibonacci
ETH - POTENTIAL SETUPThe ETH/USDT daily chart is showing a potential bullish setup with a Falling Wedge pattern, which often indicates a trend reversal to the upside. Additionally, a Bullish ABCD Harmonic Pattern aligns with key Fibonacci levels, suggesting that the 2817-2700 support zone could act as a strong reversal point. The RSI is in oversold territory on 4H, hinting at a possible bounce soon. If the price breaks out of the wedge, the first target would be 4,112 (46.10% gain), with a second target at $5,002 (77.18% gain). For traders, entering near 2817-2700 offers a good opportunity, with a stop loss placed just below $2,496 to minimize risk.
Long
by ZaiwajTrader
USD/JPY Breaks Out Putting 2025 Highs In PlayUSD/JPY has broken out of its falling wedge, as convention would suggest. After a prolonged coil, the move could be sharp with swing highs at 156.76 and 158.88 now in focus. Bulls could buy the breakout, placing stops below either the 50-day moving average or the January 27 low, depending on risk tolerance. Momentum signals are mixed—RSI (14) has broken its downtrend, but MACD has yet to confirm. With trade war risks weighing on sentiment, USD/JPY’s upside may hinge on strong US dollar momentum and rising Treasury yields—key drivers in recent weeks. Risk management remains critical in this volatile environment. Good luck! DS
Long
by FOREXcom
BITCOIN - Price can touch resistance level again and then fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few days ago, price declined inside falling channel to $92100 level, after which it turned around and started to grow. In a short time, price exited from channel and broke $99500 level, but when it started to trades in a wedge, it dropped back. Price some time traded near $92100 level and then in a short time rose to $106500 level, breaking $99500 level again. Then BTC exited from wedge and started to trades inside flat, but firstly it rose to $109K points and then fell back. Inside flat, price corrected to $99500 level and then in a short time rose to $106500, after which started to fall. I think BCT can touch resistance level one more time and then fall to $99500 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
Bitcoin: Full February plan (125K shortly)Since the price of bitcoin broke out of the falling wedge formation and was successfully retested twice, its price action is incredibly bullish right now! We may anticipate higher prices over the next few days and weeks because there isn't anything particularly negative about the price action. Three powerful levels are visible on the chart, which you can utilize to guide your trading selections. The symmetrical triangle's 0.382 FIB and POC mark the initial level, which is located at 105,544 USDT. Following a breakout, this level will probably be tested soon. This implies that Bitcoin may surge above $110,000, then return to test this level before rising further. 110,342 USD is the second level price. Because it is the 0.618 FIB extension from wave 1 to wave 2, this level is likewise quite powerful. We can anticipate a liquidity sweep above this swing high and a brief downturn since it is also above the prior all-time high. At 118,109 USDT, the third level is located. We also have a 1:1 FIB extension, and as you may know, Bitcoin responds to this extension rather consistently, so this is another important level. It's among the greatest. The Elliott Wave analysis shows that the price action is likewise bullish. Impulse wave 3 has begun, and we have just completed the ABC correction with a 1:1 FIB extension. The 1:1 FIB extension may also mark the end of this wave 3, but we must watch for trendlines, chart patterns, and maybe RSI bearish divergence. For the upcoming days and weeks, this is my main strategy. The other strategy is that the ABC correction (wave 2) may become a WXYXZ triple three corrective wave if it is not finished. I'll provide you with an analysis if you leave a comment with your altcoin. For more inspiration, please hit boost and follow. If you have a skilled coach, trading is easy! Since there is no stop-loss or profit goal, this is not a trade setup. I keep my trades to myself. Thank you, and best of luck with your transactions!
Long
by NexusTradesZone
Analysis XAU/USD (Gold)**Analysis XAU/USD (Gold)** 1. **First touch:** - Occurred at **2750**, where price dropped over **2000 pips** down to **SSLL**. ⚡️ - This strong reaction shows significant selling pressure, a key moment to consider selling opportunities. 📉 2. **Second touch:** - Reaction was smaller. - Price held **support** at **2583**, previously **resistance**. 🔄 - Transition from **resistance** to **support** suggests a possible price improvement and a potential upward move. ⬆️ 3. **Third touch:** - Smaller reaction, but indicates a potential shift in market direction. 🔄 - This could signal a **bullish** trend, potentially aiming for a new **All Time High** if price breaks **2727**. 💰🚀 --- **Key Zone (2619-2630):** - Strong support and accumulation zone. 🔑 - Could offer strong buying opportunities if price stays within this range. 📊 --- **Blue Line (2658-2656):** - Potential support level. - If price holds here, it may signal buying opportunities. 💡 - Liquidity could form at **2645**, described as a **SUPPORT CANDLE**, a potential signal for buying. 🕯️ --- **Conclusion:** If price stays above **2658**, it could signal a strong buying opportunity, with potential for an upward move towards a new **All Time High**. 📈💥
FOREXCOM:XAUUSDLong
by popsbanks
Bitcoin - Complete plan for February (125K soon)Bitcoin's price action is currently extremely bullish because the price broke out of the falling wedge pattern and 2x successfully retested it! There is really nothing bad about the price action, so we can expect higher prices in the coming days and weeks. On the chart we can see 3 strong levels that you can use for your trading decisions. The first level is at 105,544 USDT (0.382 FIB and POC of the symmetrical triangle). This level will most likely be tested in the near future after a breakout. That means Bitcoin can pump to 110k and then come back and retest this level before continuing higher. The second level is 110,342 USD. This level is also very strong because it's the 0.618 FIB extension from wave 1 to wave 2. It's also above the previous all-time high, so we can expect a liquidity sweep above this swing high and then a short-term downtrend. The third level is at 118,109 USDT. This is also a significant level because we have a 1:1 FIB extension, and you may know that Bitcoin reacts pretty reliably to this extension. It's one of the best. From the Elliott Wave perspective, the price action is also bullish. We have just finished the ABC correction with a 1:1 FIB extension, and we have started impulse wave 3. This wave 3 could end at the 1:1 FIB extension as well, but we need to wait for chart patterns, trendlines, and potentially RSI bearish divergence. This is my primary plan for the next days and weeks. The secondary plan is that the ABC correction (wave 2) has not been completed, and it can transform into a WXYXZ triple three corrective wave. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
122
XRP/USD: Bullish Continuation from Falling Wedge Formation Description: Current Setup: I am still holding my trade on XRP/USD, targeting 3.3901. The pair is currently consolidating within a wedge-like structure, a classic falling wedge. This pattern often signals a continuation of the prevailing bullish trend. Why Bullish Bias? 1. Liquidity Grab: Price swept multiple lows during this consolidation phase, confirming liquidity inducement. 2. Trend Continuation: Higher timeframe analysis aligns with bullish intent, and this wedge structure adds confluence for a push toward my TP. 3. Institutional Order Block: Price perfectly tapped into the 4H institutional order block, validating my entry point at 2.8887. Expectations: As the consolidation narrows, I anticipate a breakout to the upside, driving price toward my target. I’ll be monitoring how price reacts near the wedge breakout for confirmation of momentum. Key Levels: • Entry: 2.8887 • TP: 3.3901 • SL: 2.6529 What’s Next? If price maintains bullish momentum after breaking the wedge, it could signal additional opportunities for continuation trades. Stay tuned as I update progress on this trade! Bless trading!
COINBASE:XRPUSDLong
by Juicemannn
EURO - Price can fall to support level and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where it at once reached resistance area and then dropped to $1.0345 level. Later, price turned back to flat and reached resistance area again, making a gap, after which corrected. Then price rose to resistance area again and then dropped to support line, exiting from flat and then bouncing up. Soon, Euro declined to support line back, breaking $1.0345 level again, but soon rose back and started to trades in a wedge. In wedge, price corrected to support line and later rose to resistance line, breaking $1.0345 level. Now it trades close to support line and I think EUR can fall a little and then bounce up to $1.0560 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
CELRUSDT: Massive Move Incoming? Key Support Holding Strong! Yello, Paradisers! Is CELRUSDT gearing up for a major bounce, or is another leg down coming? Let’s break it down. 💎CELRUSDT has retraced to a key support zone, showing a healthy pullback. The price action has formed a falling wedge pattern, which is typically a bullish reversal setup. The probability of a bounce from this level is high, but to confirm a stronger move, we need additional bullish signals—such as an I-CHoCH (Internal Change of Character), a W pattern, or an inverse head and shoulders on lower timeframes. 💎Right now, the price is attempting to break out of the falling wedge, but we need to see an increase in volume to confirm a proper breakout. A weak breakout without volume could lead to a fakeout, so patience is key. 💎If CELRUSDT drops further, especially in a panic-selling scenario, we can expect a bounce from the stronger support zone below. However, just like in the current setup, we will need clear bullish confirmation—such as an I-CHoCH or bullish patterns on lower timeframes—to increase the probability of a reversal. 💎If the price breaks down and closes candle below the strong support zone, it will invalidate our bullish setup. In that case, waiting for a more favorable price action setup will be the best strategy before looking for long entries. 🎖 The market is full of traps, and patience is what separates the winners from the losers. Wait for confirmation, follow the strategy, and never trade based on emotions. Play it smart, Paradisers! Stay disciplined and trade like a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
16
JASMY/USDT: BREAKOUT ALERT!!🚀 Hey Traders! Ready to Catch the JASMY Breakout? 👋 If this setup excites you, smash that 👍 and hit Follow for top-tier trade ideas that deliver real results! 💹🔥 JASMY is looking strong and bullish! 📈 It has broken out of a falling wedge on the 4-hour timeframe and successfully retested the breakout level. Now, it’s primed for a major move! Long some here and add on dips. 🔹 Entry Range: $0.031 - $0.033 🎯 Targets: ✅ Target 1: $0.038 ✅ Target 2: $0.046 ✅ Target 3: $0.054 ✅ Target 4: $0.060 🛡 Stop Loss (SL): $0.0282 ⚙️ Leverage: Use low leverage (Max 5x) 💬 Your Thoughts? Are you bullish on JASMY’s breakout potential? Drop your analysis, predictions, or strategies in the comments! Let’s ride this wave and secure those gains together! 💰🔥
Long
by CoreCrypto1
2
Ethereum’s Falling Wedge A Massive Breakout on the Horizon ?Ethereum (ETH/USDT) 4H Chart Analysis Falling Wedge Breakout Potential Technical Breakdown The 4-hour timeframe for ETH/USDT indicates a falling wedge pattern, a typically bullish structure that suggests a potential upside breakout. Price recently hit $3,200, currently consolidating within the wedge formation. The wedge pattern consists of lower highs and lower lows, compressing price action into a tightening range, which increases the probability of a breakout. A breakout above the upper trendline could trigger a strong bullish move, confirming buyers stepping in. Key Levels to Watch Breakout Confirmation A 4H candle close above the wedge trendline is crucial to confirm a bullish breakout. Immediate Resistance $3,500 This level might act as the first resistance after a breakout. Support Zone $2,750 - $2,700 – If price faces rejection, this zone could serve as strong support before another attempt to break higher. Trading Strategy Long Entry Wait for a 4H candle close above the wedge trendline to confirm the breakout. Stop Loss Below $2,900 (recent swing low) to manage risk in case of a false breakout. Targets First Target $3,500 (psychological and technical resistance) Second Target $3,900 (major resistance from previous price action) Third Target $4,300+ (bullish continuation if momentum sustains) ETH is at a critical inflection point, and a breakout above the wedge could lead to a significant bullish move. Keep an eye on price action, volume, and confirmation signals before entering any trades.
BINANCE:ETHUSD.P
by wolfchemist