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Wedge

PEPE → A condition that will lead to growth. Is the buyer back?BINANCE:PEPEUSDT is undergoing a deep correction phase. The price is resting on the strong support and the "discount" zone appears the buyer, holding the market. The focus on the upper boundary of the range... ! For convenience, I will indicate key zones without zeros. Bulls do not let the price below 0.0761, forming a limit support area, in the neighborhood of which a strong buyer appears, it can be determined by the growth of volumes and the pattern of redemption with the subsequent retest without updating the minimum. At the moment it is not excluded that the coin can continue falling, but based on the general situation there is a chance that PEPE can move into the recovery phase, but provided that the coin can pass the area of 0.0951-0.0991 with the price fixing above this zone, which will generally define an intermediate bottom for the market. Resistance levels: 0.0952, 0.0991, 0.1084 Support levels: 0.0886, 0.0761 Technically, the situation is complicated because of bitcoin, which is consolidating in the discount zone, but in general there are bullish prerequisites. If the guide (BTC) goes up, it may favor altcoins. Rate, share your opinion and questions, let's discuss what's going on with PEPE / USDT ;) Regards R. Linda!
Long
by RLinda
3
DOGE has formed a Pretty Big falling wedge Pattern!...BINANCE:DOGEUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
5
Bitcoin can rebound from resistance level and start to declineHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a not long time ago entered a wedge, where it at once rebounded from the resistance line and broke the 63700 resistance level, which coincided with the seller zone. After this, BTC fell to the support line of the wedge and then started to grow and when it reached the resistance line of the wedge in the seller zone, the price turned around and rebounded down to the support line. Then price continued to decline, thereby exiting from the wedge and later even fell lower than the 56500 level, which coincided with the buyer zone. But soon BTC turned around and started to grow inside the upward channel, where it some time later broke the 56500 level and continued to trades near this level. A few moments later BTC made a strong impulse up from this level to the resistance level, thereby exiting from the channel and even recently making a fake breakout of the 63700 level. To this day, the price trades near this level and I think that it can rebound from the resistance level and start to decline. So, I set my TP at 60000 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
12
NFP/USDT: READY FOR AN ATH! 6X FROM HERE!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! NFP looks good here. Forming a falling wedge-like structure in the daily time frame confirms its deviation below the trendline and gets back inside the wedge which is a bullish scenario. Buy some now and add more in the dip. Entry range:- $0.28-$0.31 Targets:- $0.43/$0.58/$0.76/$1.12/$1.44/$1.84 SL:- $0.20 What are your thoughts on NFP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
EURUSD: Bearish Reversal Now Confirmed?!EURUSD is currently testing a significant level of resistance. After testing this area, I have identified several indicators suggesting a bearish trend. These include a series of rejection candles, the formation and break of a head and shoulders pattern, and the violation of a support line in of a rising wedge pattern. Based on these factors, I anticipate that the market will likely decrease in the near future, with potential target levels at 1.0867 and 1.0853.
Short
by linofx1
1
EURO - Price can bounce down of resistance line to $1.0850 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it some time traded between $1.0850 level and then made a downward impulse. Price broke $1.0850 level and exited from rising channel, after which fell to $1.0720 level and at once bounced up. Next, EUR started to trades inside wedge, where it bounced from resistance line and quickly declined to support line. After this, price bounced from this line, broke $1.0720 level, and even made a gap, after which continued to grow. Then Euro reached $1.0850 level, broke it too and made a second gap, after which bounced from resistance line. Now, I think price can reach resistance line and then bounce down to $1.0850 level, exiting from wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
5
Hood contractionHOOD contracts leading into Aug 7 earnings. Note the bottoming stochastic RSI. I believe small caps are going to take control here after the recent bullish inflation print. I have a rather large weight bet in my smaller account on HOOD with a complex spread. My target leading into Aug 7 is 25-27$ The Setup (I noted that hood was the slowest to move for my option watchlist last Friday, so I took advantage) 2026 18$ LEAPs for continuous exposure to price action -These will allow me to sell low delta covered-calls if earnings pumps the price, or I can simply hold these for capital appreciation 8/16 25$ calls (riskiest part of trade) -These are a cheap way to lever my bet but I have to watch for the 21 theta decay ramp -The goal with these is to fully exit on a pre-earnings rally, waiting until Aug 7 will cause too much theta decay 9/20 24$ calls -These allow me to continue potential intrinsic value with the lower strike, less theta decay and more chance to capture rising implied volatility 7/19 and 7/26 22$ cash secured puts -Since I am so bullish on small caps and hood is so popular I went for high delta premiums, I am fine with getting assigned here but my entries were so good I will likely capture most of the premium on these
NASDAQ:HOODLong
by Apollo_21mil