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Wedge

Bullish on PEPEPEPE is experiencing a price correction following a significant pump on November 13th. I've identified a bullish wedge pattern that has formed since that date, and PEPE appears to be following this wedge with the potential for a break toward resistance. Despite the recent price decline over the last few days, the On-Balance-Volume (OBV) indicator shows bullish divergence, suggesting upward momentum may be on the horizon. From a fundamental perspective, I believe PEPE spiked on November 13th, primarily due to its listing on the Robinhood exchange. This exposure is likely to attract retail investors, which could contribute to PEPE's upward momentum in the coming weeks.
Long
by LOWCO_487
2
Flux Power Holdings, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Flux Power Holdings, Inc. - Triple Formation | Down Trend Alignment - VWAP At 5.10 - VWAP At 3.25 - 012345 | Wave 1 & 2 - Retracement | Template | 50% Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:FLUXShort
by TradePolitics
IGM Biosciences Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # IGM Biosciences Inc - Support=0 | 012345 | Wave Template - Wedge Structure | Bias On Hold - Double Formation | Retracement - Invalid Target | Hypothesis Alignment - Awaiting Target | Structure Area Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:IGMS
by TradePolitics
iShares MSCI Brazil | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # iShares MSCI Brazil - Hypothesis Entry Bias | Neckline Alignment - Support=0 | 012345 | Wave 1 - Triple Formation | Inflicted Short Set Up - Awaiting & Invalid Target | Daily Confirmation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:EWZShort
by TradePolitics
#AXSUSDT #1D (Bybit) Big falling wedge breakoutAxie Infinity regained 50MA support after a long downtrend, looks ready for mid-term recovery towards 200MA resistance. ⚡️⚡️ #AXS/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.6% Current Price: 5.202 Entry Targets: 1) 4.854 Take-Profit Targets: 1) 6.947 Stop Targets: 1) 3.805 Published By: @Zblaba NYSE:AXS BYBIT:AXSUSDT.P #Axie #NFT #P2E axieinfinity.com Risk/Reward= 1:2.0 Expected Profit= +86.2% Possible Loss= -43.2% Estimated Gaintime= 1-2 months
Long
by TradingOn
2
400% extension for Upstart Holdings IncOn the above 10 day chart price action has corrected 70% since mid 2023. A number of reasons now exist for a long position, including: 1) Price action and RSI resistance breakouts. The recent rally in price action has broken the downtrend confirming past resistance as support. 2) Regular bullish divergence. 3) The falling wedge pattern has now confirmed with a 400% forecast to 130. Is it possible price action continues with the correction? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Timeframe to target: 2024 Stop loss: elsewhere
NASDAQ:UPSTLong
by without_worries
9
Arbitrum and Optimism are becoming very interesting.According to previous cycles, when Bitcoin dominance peaks, Ethereum rises. Arguably, we are there, or about to be, and that made me focus on its ecosystem. Two of its most known layers 2 are Optimism and Arbitrum, and I want to bring to your attention their charts against BTC. Optimism is breaking out of a descending wedge, and its target is about 5200 sats, which is in fact a previous support/resistance. Volume is confirming the breakout, and we got a narrative on ETH. Arbitrum is also breaking out of the same figure, whose target is about 1200 sats. Volume is increasing lately as well. I'm already posicioned, but in case there is a retracement I'd ancourage you to take a closer look to an entry.
Long
by JeSuns-
Lynas Rare Earths Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Lynas Rare Earths Limited - Triple Formation | Resistance Value Area - Hypothesis Entry Bias | Impulsive Movement - Retracement Alignment | Awaiting Target Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:LYCAU
by TradePolitics
TELCOIN GEM 4NAME: TELCOIN (TEL) CATEGORY: DEFI MARKET CAPITALIZATION: $157,580,000 USD (LOW CAPITALIZATION) FULLY DILUTED VALUATION: $174,106,000 USD TOTAL TOKEN SUPPLY: 100,000 M CIRCULATING TOKEN SUPPLY: 90,000 M (90.65% of Total Supply) NETWORK: ETHEREUM AND POLYGON (MATIC) The Telcoin project was born in 2017, and its legal entity (Telcoin Pte. Ltd) was established in Singapore, although the company is currently headquartered in Japan. It was founded by Paul Neuner. Its business model was established from the beginning: to partner with telecommunications operators worldwide to ensure a way to send money through mobile devices. Telcoin has a platform or application called Telcoin (available on both Google Play and the App Store), which acts as a cryptocurrency wallet and provides a simple way to send money. Telcoin focuses on fast mobile payments that can be easily sent from one user to another, similar to systems like Venmo and Western Union. The blockchain-based solution offers greater speed and lower transaction fees, both crucial features for this use case. The Telcoin platform doesn’t seek to replace such payment providers or compete with them but instead offers a bridge between fiat currencies and blockchain. Some available exchanges: KuCoin Bybit Bitget Uniswap on the Ethereum network and Polygon (Matic) network Quickswap on the Polygon (Matic) network Upcoming Fundamental Updates: 1.Digital Cash will be launched in the Telcoin app, offering a new fully backed and 1:1 redeemable stablecoin product that will enable next-generation remittances and multi-currency payments. 2.Implementation of the Telcoin Platform V4: The next version of the Telcoin app (V4) will introduce an improved user experience, expanding functionality beyond fiat remittances and DeFi trading, integrating Digital Cash, and broadening access to financial services. 3.Launch of the Telcoin Network 4.Banking Project Update: Telcoin is working to become a regulated bank in the United States and aims to be the first regulated bank issuer of stablecoins, creating connections between digital assets and traditional banking. Technical Analysis: Telcoin is currently within a descending wedge since its all-time high reached in May 2021, and it hit a low in December 2023. Using a fractal from 2020 to May 2021, it seems to be following a similar pattern up to this point. The RSI indicates levels similar to November 2020, around 43. Recently, DeFi has not experienced significant movements, so it’s possible that it could enter a trend in the coming months. I hope this is valuable to you. If you liked it, support me with a Like. If you didn’t like it, I welcome criticisms and comments.
Long
by Crypto_girl028
7
GFL Environmental | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # GFL Environmental - Triple Formation | Uptrend Bias - Wedge Structure | Continuation Set Up - Retracement | 50% | Awaiting Target - 012345 | Hypothesis Entry Feature Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:GFLLong
by TradePolitics
PEPEUSDT → DUMP Phase. Manipulation before growth? BINANCE:PEPEUSDT after "PUMP" goes into a plum phase or “DUMP”. Key support is under attack for a long time and may not hold up For the last week and a half, the coin does not react in any way to the bitcoin growth and is in the consolidation phase, but if you look closely, the consolidation has the character of a descending triangle, which indicates the growing pressure from the sellers. If the support at 0.00001880 does not hold, the coin may form a strong impulse. Targets in this case could be 0.0000149 or 0.00001388. Resistance levels: 0.0000195 Support levels: 0.0000188-0.000018 Emphasis on key support and resistance. I do not exclude that a retest of resistance is possible, but the overall picture at the moment suggests that there may be a breakout of the base, reaching liquidity zones before further growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:PEPEUSDT ;) Regards R. Linda!
Short
by RLinda
12
BTCUSD Bullish Continuation: Rounding Bottom Supports Uptrend!COINBASE:BTCUSD - 4Hr Analysis After analyzing the chart, I believe that price will continue its bullish cycle in the next few hours due to the formation of two key patterns: the Rising Wedge and the Rounding Bottom. Rising Wedge: The Rising Wedge is traditionally a bearish pattern, indicating a potential reversal or breakdown. However, in certain cases, this pattern can break out to the upside in the short term, especially if the price is near the top of the wedge. As seen in this chart, the Rising Wedge could suggest a temporary bullish breakout before the bearish pressure takes over. The breakout from this pattern often occurs due to bullish momentum pushing the price higher for a brief period. Rounding Bottom: The Rounding Bottom is a bullish pattern, indicating that the price has already started a recovery from a period of consolidation or decline. This pattern signals strength and momentum building after a downtrend, making it more likely that the current uptrend will continue. Since the Rounding Bottom is a reliable precursor to a sustained uptrend, it supports the idea that Bitcoin’s price will maintain its bullish cycle. Conclusion: The combination of the Rising Wedge and Rounding Bottom suggests that although there may be short-term price fluctuations, the overall trend is likely to remain bullish. Traders should keep an eye on the breakout from the Rising Wedge for potential entry points, while respecting the longer-term bullish signal from the Rounding Bottom. Follow your risk management and happy trading!
COINBASE:BTCUSDLong
by SpicyPips
3
Bitcoin can rebound up from support area to 101K pointsHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and dropped to 85000 points. After this, the price turned around and started to trades inside the wedge, where it later rose to 89400 level and broke this level. Next, BTC rose to the resistance line of the wedge, after which it turned around and made a correction to the support line of the wedge, after which it continued to grow. Soon, the price broke the 89400 support level one more time, made a retest, and later made a correction to this level again and then bounced up. Price rose to the resistance line of the wedge and soon exited from this pattern. Then the price reached the current support level, which coincided with the support area and broke this level. After this, BTC started to trades inside the wedge, where it reached the top part of the range, but a not long time ago, BTC made a correction to the 97300 support level. So, in my opinion, Bitcoin will fall to the support area and then start to grow to the top part of the range. Then it can exit from this pattern and continue to move up next, therefore I set my TP at 101000 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
9