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Wedgepatterns

ENJ's Bullish Wedge: Unlocking ATH🎮💹Enjin (ENJ), a distinctive contender in the cryptocurrency arena, is currently in the midst of an exciting journey, setting the stage for potential surges in value. 🎮💹 Soaring to New Heights: ENJ's Redemption Enjin, known for its association with the gaming industry, has weathered its fair share of challenges. However, like a protagonist in a captivating storyline, it's now ready for a remarkable comeback. Gaming Meets Blockchain: A Powerful Combo The fusion of gaming and blockchain technology is a match made in heaven, and Enjin is a front-runner in this game-changing fusion. Chart Analysis: A Glimpse into ENJ's Future A close examination of the charts reveals that Enjin is showing signs of life. The formation of a significant bullish pattern, the falling wedge, hints at a potential breakthrough. Trading Strategy: Navigating ENJ's Ascension For traders, recognizing Enjin's potential within the gaming and blockchain spheres should influence their trading strategies. Keeping an eye on pivotal indicators, staying updated with the latest news, and monitoring gaming partnerships are essential. Conclusion: Enjin's Epic Journey As Enjin redefines its narrative, it stands on the precipice of an era that could have profound ramifications. The convergence of gaming and blockchain, combined with the potential resurgence of the cryptocurrency market, positions ENJ as a project with a bright future. 🎮 Gaming and Blockchain | 📈 Cryptocurrency Surges | 📊 Trading Insights | 🚀 Price Targets ❗See related ideas below❗ Feel free to share your insights and engage with our community. Your active participation enriches our crypto discussions. 💚🚀💚
Long
by Yaroslav_Krasko
1
USDSGD ↘️ Rising wedge breakout .150+ Hello Everyone 🙋🏽‍♂️ 🔴 1.36704 🟢 1.35540 🟢 1.34735 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Short
by EMA_Trading
13
BTC DOMINANCE - Challenging Time for AltcoinsBitcoin's Growing Dominance: Bitcoin has been flexing its muscles in the market recently, steadily increasing its dominance. This is a reflection of its strong performance and renewed interest from investors. 🏆 Retesting the Range: Range was brewing for 772 days What's causing concern in the altcoin space is the recent retest of the upper boundary of Bitcoin's consolidation range. This range has acted as a significant level of resistance for Bitcoin, and a breakout from it could further reinforce its dominance. 📉 What It Means for Altcoins: As Bitcoin's dominance grows and it asserts its position, altcoins often face headwinds. Investors tend to flock to the safety of Bitcoin during times of uncertainty, potentially leading to a decrease in altcoin prices. 🌪️ Conclusion: While Bitcoin's rising dominance presents challenges for altcoins, it's crucial to remember that cryptocurrency markets are dynamic. Trends can shift, and opportunities can arise even in challenging times. As an investor, it's essential to stay informed, adapt your strategy as needed, and maintain a long-term perspective. The crypto world is known for its resilience, and it continues to be a space where innovation and growth thrive. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
CRYPTOCAP:BTC.D
by AlexWhale
3
USDCAD H4 Wedge PatternUSD/CAD - H4 Chart - Falling Wedge Pattern formation Price need to Break the Trendline and Retest wedge Pattern and after strong Reversal formation, we take entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
Long
by KABHI_TA_TRADING
27
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
Rising and Falling Wedges ExplainedWelcome to the world of trading patterns. If you appreciate our charts, give us a quick 💜💜 Today, we'll explore two important ones: the Rising Wedge and the Falling Wedge . These patterns can signal shifts in market trends. Let's dive in and see how they work. Rising Wedge: In an uptrend, the Rising Wedge hints at a bearish turn. It takes shape as prices find a middle ground between two upward-sloping lines, one as support and the other as resistance, both inching closer. As the price inches towards the wedge's tip, its upward push tends to fade, suggesting a potential shift to a downward trend. Your sell signal triggers with a bearish break beneath the wedge's support. Set a stop loss just above the wedge's highs. Aim for the next significant support level. Falling Wedge: Unlike the Rising Wedge, the falling wedge spells optimism in a downtrend. It emerges as prices consolidate between two downward-sloping lines, one providing support and the other resistance, both drawing nearer. As prices approach the wedge's apex, the downward momentum loses steam, hinting at a potential shift towards an upward trend. Your buy signal activates with a bullish breakout beyond the wedge's resistance. Place a stop loss just below the wedge's lows. Target the next notable resistance. Feel free to let us know your thoughts and if you have any questions. Your feedback is valuable and helps us improve. Happy trading!
Education
by Vestinda
21
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
#GRTUSDT (Watchlist) 7-2023GRT is the native token of The Graph, a decentralized protocol for querying data from blockchains. It is an ERC-20 token on the Ethereum blockchain, and it is used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake. Total supply: 10 billion GRT Circulating supply: 9.062 billion GRT Max. supply: Not available Market cap: $1.064 billion Trading volume: 133.5 million GRT Latest news The Graph partners with Alchemy to simplify data access for developers. This partnership will make it easier for developers to access data from The Graph, and it will help to grow the ecosystem. The Graph launches the Subgraph Studio, a tool for creating and managing subgraphs. This tool will make it easier for developers to create and manage subgraphs, which are the building blocks of The Graph. The Graph announces the Graph Foundation, a non-profit organization that will support the development of The Graph. This foundation will help to ensure the long-term sustainability of The Graph. Add BINANCE:GRTUSDT to your watchlist. Note: This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management. You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome. Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing. Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Long
by HamadaMark