EURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would...
LSE:TRB SOON BREAKOUT How to Trade Breakouts Using Trend Lines, Channels and Triangles Trend line As you may know, a trend line is a trading tool. That’s right. It’s a trading tool, not some magic line on your chart! It means that the effectiveness of this tool lies in how well you use it. But here’s one thing it’s truly good at: Helping you identify...
Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart...
$CREAM performing in 1hr symmetrical triangle Trading a symmetrical triangle pattern involves identifying potential breakouts and using technical analysis to make informed trading decisions. Here are the steps to trade a symmetrical triangle pattern: 1. **Identify the Symmetrical Triangle:** First, recognize the formation of a symmetrical triangle on a price...
**$BSW near to Break down\ward trendline ** Trading trendline breakouts is a popular strategy in technical analysis. It involves identifying key trendlines on a price chart and then executing trades when the price breaks through these trendlines. Here's a step-by-step guide on how to trade trendline breakouts: 1. **Identify the Trendlines:** - Start by...
What Is A Demand Zone? A demand zone is a support area where traders buy. This is often lower than the current spot price and can be near a psychological level such as $15,000, $20,000, or more. Institutional supply and demand zones are often placed at flat numbers, and the price usually moves up or down depending on the trend.
$OOKI Performing classic bullish divergence in 1Week Trading Classic Bullish Divergence involves a systematic approach to identifying and executing trades based on this technical pattern. Here's a step-by-step guide on how to trade it: 1. **Identify the Downtrend:** First, you need to confirm that there is a clear downtrend in the asset's price. This means the...
CRYPTOCAP:FXS Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action...
$CREAM Performed Bullish Symmetrical in 1D TF What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a...
$CREAM Performed Bullish Symmetrical in 2hr TF What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a...
📝 With the upcoming launch of the Venus Prime program, the Venus community has published a new proposal to reduce $XVS emissions by 75% in the Venus Core pool markets twitter.com
Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart...
LSE:CFX Performing descending broadening wedge pattern Descending Broadening Wedge Pattern Explained A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines . A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines...
📈 $PERP, after a recent 2.5x split following a strong surge, is now consolidating with a market cap of $40M. $PERP It’s almost enough after grinding. The current price is 0.6, and the profit-loss ratio is pretty good. $PERP Adding some here maybe we will see a upside soon if #BTC remain Stable once we break this trendline expecting a upside move
NASDAQ:RDNT : This one's intriguing. GSR had 3.5 million NASDAQ:RDNT tokens in their wallet before Sep 2nd. In the last 7 days, they added 920k tokens (~$200k$). All these tokens were withdrawn from @binance and @okx Seems like they're actively buying, not receiving as market makers. 🤔 NASDAQ:RDNT current market cap: $102M Approximately 105X. Few understand.
MIL:WLD performing symmetrical triangle Keep eye on it What Is a Symmetrical Triangle Pattern? Definition and Trading What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend...
$RNDR performed Descending broadening wedge What is a descending broadening wedge? A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line;...
How to identify the Demand Zone? Drop spin Rally : Step 1: Initially, the prices were falling down as there could be sellers activated in the stock. Step 2: The price will move in a range because there is an imbalance between buyers and sellers. Step 3: Finally the prices will further move up with more buyers dominating the prices. Rally spin...