After breaking the upper boundary of the rising wedge, Solana faces new resistance at $48.50 If the price stays at this level, then a slight correction is possible up to the upper border of the wedge with further upward movement.
If Bitcoin Successfully Breaks out from Pennant, We might see 5-7 % pump over the weekend.
What if BTC is printing the Wyckoff Distribution Schematic?
Breaking above $1758 resistance could trigger a new recovery cycle Number of addresses with a balance on the Ethereum network is increasing Breaking above resistance zone could trigger a bullish phase towards $3,000
Bitcoin may potentially retrace back to the 28400 support level
Dogecoin is Consolidating in Symmetrical Triangle from last 2 Months..!! At the Moment, It's on the Verge of Massive Breakout In Bullish Case, Expecting Another 2x Bullish Wave in Coming Days So Keep Your Eyes on it..
This is nicest setup and I think you are taking advantage of it.
Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill. Analyses of Trading Ranges One objective of the Wyckoff method is to improve market timing when establishing a position in...
Looks very similar, doesn’t it?
In Daily timeframe, Rising Wedge Already Broken Downside At the Moment, Bitcoin is Consolidating in Bearish Flag. If Flag Broken down too, Expecting Another Bearish Wave towards the Support Area (42k). So Far Bitcoin Looking Horrible so Don't Catch the Falling Knife, We Could See More Downside Move
Still Consolidating in Symmetrical Triangle, Keep Your Eyes on it In Case of Upside Breakout, Expecting +40-50% Bullish Wave
Hi everyone and Good morning. Welcoming you back (after 18-week break) Thanks for your like and supports. This is Part 3 of my Technical Analysis series of CHART PATTERNS BULL AND BEAR FLAGS Now, for those meeting the words BULLS and BEARS for the first time, these are terms used to describe the buying and selling action of traders BULLS generally...
GBPJPY Price Analysis The GBPJPY shows a very clear bullish trend on the daily chart. Tide may soon change as the trend is seen to fade into a consolidation. Price has been ranging between 148.500 and 153. 500 GBPJPY Price Prospects Prices have been rising and falling between the borders of the Bollinger Bands since the 18th of March. This is quite different...
ETH might take another leg up. Will long the breakout of the current resistance zone. If there is a local correction, then I will average the position. Bullish investors point to two primary reasons for ETH’s upward trajectory: increased institutional interest, and upcoming upgrades to the Ethereum network which could have a positive impact on the price of...
BNBUSDT BNB crossed above 635$ horizontal resistance Bull
EURUSD once again has failed to make a higher-high on the daily time frame. It closed the week on Friday with a large bearish candle failing to break through the resistance at 1.21500. EU rallied aggressively after it dropped into support at 1.17000 on the 31st of March. Expectation From EURUSD EU is showing a willingness to drop as it bounced off the...
Finally, Key Resistance got Cleared with Strong Volume But Ripple Army need More Volume
Bitcoin Bulls Already lost the Uptrend Trendline but Still Defending the Horizontal Support Area (44k - 45.5k) 51k Area Acting As Strong Horizontal Resistance, If Bulls cleared it with Strong Volume then Bitcoin might retest the 58k (PREVIOUS HIGH), If Bitcoin lost the Horizontal Support Area then Bitcoin Might test the 38k Support Area.