VanEck Retail ETF | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# VanEck Retail ETF
- Double Formation
* Resistance At 195.00 | Area Template Uptrend Bias | Subdivision 1
* Pattern Involvement | Neckline At 182.60
- Triple Formation
* EMA 20 & 50 | Support Entry Bias | Subdivision 2
* 012345 | Angle 1))
* Wedge Structure | Pattern Alignment | 50% |Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Wedge
S&P 500 Wave Analysis 4 December 2024
- S&P 500 broke round resistance level 6000.00
- Likely to rise to resistance level 6130.00
S&P 500 index continues to rise steadily after breaking the round resistance level 6000.00, which stopped the earlier upward impulse wave at the start of November.
The breakout of the resistance level 6000.00 accelerated the active minor impulse wave 3 of the intermediate impulse wave (3) from August.
Given the strong daily uptrend, S&P 500 index can be expected to rise in the active extended daily Wedge toward the next resistance level 6130.00, target price for the completion of the active impulse wave 3.
NEM - Falling Wedge ABCD PatternNEM is formed a falling wedge from recent highs and currently making falling wedge with ABCD pattern. This means there is one more leg downwards to go. In ABCD pattern, the size of the second move downwards is very much the same as first move (either in $ or % terms). The projected price of completion of this falling wedge with ABCD pattern is between 30.22 and 20.50 because this coincides with:
- a number of trendlines and major support zone from Weekly timeframe meet around 30.22 and 29.50 (point D)
- gap fill is also at 29.87
Also, if we look at price range of first wedge pattern drop, it was about 31% (from point A to B). With the formation of ABCD, the second wedge pattern price drop is also likely to be about 31% from point C to D of ABCD pattern.
HMY - Falling Wedge ABCD Pattern HMY is formed a falling wedge from recent highs and currently making falling wedge with ABCD pattern. This means there is one more leg downwards to go. In ABCD pattern, the size of the second move downwards is very much the same as first move (either in $ or % terms). The projected price of completion of this falling wedge with ABCD pattern is between 6.13 and 5.43 because this coincides with:
- a major support zone from Weekly timeframe at 5.90 (D)
- Fibonacci retracement level of 0.618 is at 5.90
- gap fill is also at 5.90 (D)
- a major support zone from Weekly timeframe at 5.43
Also, if we look at price range of first wedge pattern drop, it was $3.75 (from recent highs). With the formation of ABCD, the second wedge pattern price drop is also likely to be 3.75 from C point of ABCD pattern. This coincides with 6.13 price level.
Wedge accumulation forming on BTC dailyA wedge structure, consolidating price action forming on the BTC daily chart. I would generally consider this to be a bullish continuation pattern. There is the chance that it could break down of course. Volume is decreasing in the pattern which is further support of the idea. In general, these are sized up by the price difference between the opening end (left side) of the beginning of the wedge. It isn't possible to make an exact prediction until the breakout but roughly we should expect a $9,000+ breakout (up or down) once the wedge pattern is broken. Often there can be a retest of the wedge but it is a small wedge and BTC is overall really bullish right now, so I would expect it to just run again after the breakout.
Bullish XRP - XRP/BTC Chart - 1 Month Time FrameThere are 2 chart patterns coinciding on the XRP/BTC chart for the monthly time frame.
Pattern #1:
Falling Wedge pattern with a target of 0.00010612
Target = 398% Increase
Pattern #2:
Double Bottom pattern with target of 0.00007199
Target = 269% Increase
Note: This is very reliable trade since it's the monthly TF, but it could also take very long to play out. Expect XRP to catch up to Bitcoin in the coming weeks or months!
Rising Wedge Formation: Trend Reversal and Short OpportunityRising Wedge Dynamics:
The chart shows a clear ascending channel, with the price respecting both the upper and lower trendlines over time.
While the trend remains bullish within the channel, the narrowing distance between the trendlines suggests a loss of momentum, a hallmark of a rising wedge.
This pattern is inherently bearish, as it signals that buyers are losing strength, and a breakout to the downside is likely.
Critical Buy/Sell Zone:
The marked buy/sell zone near the top of the wedge represents the point where the price reaches resistance and is likely to reverse.
This zone coincides with a key intersection of the upper trendline, the limits of the rising wedge, and potential overextension of the price.
The volume in this area will be a critical confirming indicator — if volume spikes while price fails to make significant upward progress, this would strengthen the bearish case.
Long trade idea for PNUTUSDT Long trade idea for PNUTUSDT
Falling Wedge measured from end Nov
Entry after pullback to Bullish Order Block around 1.125.
Potentially 122% profit - TP at $2.51
Note that there are Bearish Order Blocks as shown.
Do exercise due diligence and that all trades comes with risks
BTC Rising Wedge on Lower Time FrameA Rising Wedge is being formed on the lower time frame. We can we expect a breakdown back to the dynamic support of the Symmetrical Triangle, you check my previous post on BTC about it. This will be a quick bounce to the supply area and back again at the dynamic resistance of the triangle. This is an opportunity for a quick scalp short and long.
Use this as an opportunity, to trade the other alts.
A Brief 57-Year History of the DollarThe year 1971, when the Bretton Woods system ended, marked a period where the dollar's value followed a volatile trajectory of ups and downs—until 2008.
The global financial crisis was another turning point, and since then, the dollar has been steadily appreciating. This trend is expected to continue, at least until another significant pivot point emerges.
Will such a critical turning point occur during Trump’s second term? That remains to be seen. However, one thing is clear: the dollar seems poised to keep gaining value.
Hypothetical inverse head&shoulders pattern will materialize…. . .-if- Polygon decides to correct here for even a few days we will officially start forming a right shoulder and then we get the benefit of having an even higher target than the current $1.06 target we are heading towards for the falling wedge breakout. There is also 2 double botto breakouts and a channel breakout on the horizon too just above those 2 targets so it should create a bunch of bullish momentum as all these overlapping bullish patterns start falling like a domino effect. Of course if Polygon instead chooses to continue pumping towards the $1.06target without correcting for a day or few then the inverse head and shoulders will not materialize. *not financial advice*
Hypothetical inverse head&shoulders pattern will materialize…-if- Polygon decides to correct here for even a few days we will officially start forming a right shoulder and then we get the benefit of having an even higher target than the current $1.06 target we are heading towards for the falling wedge breakout. There is also 2 double botto breakouts and a channel breakout on the horizon too just above those 2 targets so it should create a bunch of bullish momentum as all these overlapping bullish patterns start falling like a domino effect. Of course if Polygon instead chooses to continue pumping towards the $1.06target without correcting for a day or few then the inverse head and shoulders will not materialize. *not financial advice*
VESUVIUS: Symmetrical wedge in Formation
Consolidation Phase:
NSE:VESUVIUS has been consolidating for a while, indicating reduced volatility and balanced forces between buyers and sellers. This phase often precedes significant price moves.
Symmetrical Wedge Formation:
The current price action is forming a symmetrical wedge pattern, characterized by converging trendlines as the price makes higher lows and lower highs. This pattern suggests indecision in the market, with neither bulls nor bears having full control.
Breakout Strategy:
Traders should wait for a decisive breakout from the wedge before entering a trade.
Bullish Breakout : Look for a break above the upper trendline with high volume, signaling potential upward momentum.
Bearish Breakout : Watch for a break below the lower trendline with significant volume, suggesting a potential downside move.
Key Levels to Monitor:
Identify key support and resistance levels near the wedge boundaries. A confirmed breakout often targets the height of the wedge projected from the breakout point.
Disclaimer : This analysis is for educational and informational purposes only and does not constitute financial advice or a call to trade. Trading and investing involve significant risk, and you should perform your own research or consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results.
VESUVIUS: Symmetrical wedge in Formation
Consolidation Phase:
NSE:VESUVIUS has been consolidating for a while, indicating reduced volatility and balanced forces between buyers and sellers. This phase often precedes significant price moves.
Symmetrical Wedge Formation:
The current price action is forming a symmetrical wedge pattern, characterized by converging trendlines as the price makes higher lows and lower highs. This pattern suggests indecision in the market, with neither bulls nor bears having full control.
Breakout Strategy:
Traders should wait for a decisive breakout from the wedge before entering a trade.
Bullish Breakout : Look for a break above the upper trendline with high volume, signaling potential upward momentum.
Bearish Breakout : Watch for a break below the lower trendline with significant volume, suggesting a potential downside move.
Key Levels to Monitor:
Identify key support and resistance levels near the wedge boundaries. A confirmed breakout often targets the height of the wedge projected from the breakout point.
Disclaimer : This analysis is for educational and informational purposes only and does not constitute financial advice or a call to trade. Trading and investing involve significant risk, and you should perform your own research or consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results.
TIA/USDT: Primed for Explosive Growth – Targets up to $34! 🌟 Hey everyone! 👋
If this analysis aligns with your trading goals, make sure to smash that 👍 and follow for more high-value premium trade setups! 💹🚀
🔍 Technical Overview:
TIA is setting up for what could be a massive rally! 🚀 The token is forming a falling wedge pattern on the daily time frame, a bullish structure often preceding explosive upward moves. Currently, TIA is hovering near the breakout zone, indicating a potential 200-300% surge. This could be the perfect time to accumulate and position for big gains. 📈
💡 Trade Setup:
✅ Entry Range: $7.3 - $8.3
✅ Targets:
Target 1: $10
Target 2: $16
Target 3: $28
Target 4: $34
✅ Stop Loss: $6
✅ Leverage: Spot or low leverage (Max 3x for safety)
🔎 What is TIA?
TIA is the native utility token of the TIA Network, a cutting-edge platform focused on decentralized applications (dApps) and scalable blockchain solutions. TIA enables fast and secure transactions, staking rewards, and governance, making it a sought-after asset in the growing Web3 space. Its robust fundamentals and innovative tech are driving increasing adoption among developers and investors alike.
With a bullish chart and strong fundamentals, TIA is undoubtedly one to watch this bull market! 🚀
💬 What’s Your Perspective?
Are you seeing the same bullish breakout potential on TIA? Drop your insights and analysis in the comments below! Let’s discuss, strategize, and ride this wave together! 🌊🔥
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CHAINLINK (LINKUSD): Bullish Move After Breakout
Link broke and closed above a significant horizontal daily resistance.
Retesting the broken structure, the price bounced and violated
a resistance line of a falling wedge pattern.
It indicates a highly probable coming resumption of a bullish trend.
With a high probability, the price will hit 26.5 level soon.
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DBV Technologies | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# DBV Technologies
- Double Formation
* A+ Set Up | Wedge Structure Template | Subdivision 1
* (3) Wave Short End
- Triple Formation
* Neckline | Left & right At 0.90 |Subdivision 2
* Retracement 1 | 50% At 1.15
* Retracement 2 | Short Set Up Alignment | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell