NSE:INDOTECH stock has formed a symmetrical wedge pattern following a strong rally, indicating a potential continuation or reversal. Symmetrical wedges often signal consolidation before a significant price move. If the price breaks above the upper trendline, it suggests a continuation of the upward trend with a price target of 2450. Conversely, a break below the...
Super simple idea here, each time we've been in a rising wedge we've finished it with a move down. Each time we've been in a falling wedge, we've finished with a move up. The present falling wedge started as a rising wedge and then moved down, now it is a falling wedge, and now I'm expecting correction as we've been in a downtrend for a little over 400 days...
XRP Intraday - We look to Sell at 0.3459 (stop at 0.3521) Daily signals are bearish. Our short term bias remains negative. The trend of higher highs is located at 0.3460. We look for a temporary move higher. Our profit targets will be 0.3301 and 0.3261 Resistance: 0.3400 / 0.3450 / 0.3500 Support: 0.3300 / 0.3240 / 0.3200 Please be advised that the...
Well, the wedgie from hell is on it's way there. Probably find support around 290.
Warning: Use this information at your own risk. Bitcoin actual situation: - it stops at 46000 - now retracing in direction to 42000 support - inside a rising wedge( OMG danger everywere X´D) TA: - it may retrace lower to 42000 and stay there for a while - maybe we see a nice tradeable triangle - then there are 2 options like always: + it can continue de new...