price showing a chart pattern a break blow the support shows the seller are still in contorl
We can see a price action forming a pattern which can be recognised in the market as a falling wedge you never know which way it could go but a break of the upside makes it bullish and if the price reaches the above trend line it can also respect it and bring it down to the up down side anyway have a look at that uptrend line to have a good trading decision you...
If you look closely you could see the fall in price and after the fall of the price we could see a pattern formation forming in a channel which leads to a falling wedge a break of the trendline give a bullish momentum
If you love Chart Pattern, I think you will love a symmetrical triangle. We watch the fall of GALA and now we are watching maybe an upward movements or downward movement but either way, we wait till the down or up trend lines get broken. After the close a the candlestick we take our decision.
A symmetrical triangle formation, we wait for a break of either way, the upside or the downside
Just as the price fall, price tries to gain momentum to the upside but couldn't go further. We see a symmetrical triangle formation so a break in any of the trend lines the price moves in that direction
A descending triangle formation that shows a partten in which the price is about to surge to the upside. Now we look out for a break out, once we see a breakout of the downward trend lines which shows the upward move in price. That should be our entry
If price breaks above the trend line, shows the bullish flag is on it way up
Price breaks above the upper trend line making the bullish flag valid
I have 4 signs we are in for a buy. 1) the price is at a support. 2) the price just hit my 200EMA. 3) the price just hit my trend line on D1 TF. 4) the price is at oversold on the RSI. Now we await buy signal 🙂 either with candle 🕯️ stick or trend line breakout analysis. Time to buy also apply WSD to filter the market noise.
Sand has been forming a clear flag on my 1hour timeframe, so I Await a bullish breakout.
Over the past month we have a downward movement ... Which just formed a partten, and a break of the downward trend line shows a bullish break out .
An ascending triangle, just a break of the trendline we will see a bullish run
the price hit my trendline and showed reversal candlestick pattern i will short it to the next support as indicated on my chart
LUNAUSDT is paying out a head and shoulder chart pattern formation, on H4 price looks to have respected the resistance and I'm waiting for bearish candlestick to engulfing the bullish candlestick for a sell order confirmation
A symmetrical triangle have the nature for moving both to the upside or the down side which ever trend line is broken, I see it breaking to the upside if BtC continuous it movements. Then Solana might follow upsuite but you have to wait for a break of the trend line to have a clear direction of where the market should be heading towards.