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Ascendingwedg

AAPL: Next KEY SUPPORT/RESISTANCE levels to watch from here. 👀• Everything is going as planned on AAPL, since our last study on it (link below this post); • AAPL is heading to our target around the $137 - $138 area, which we set last week, and there’s no top sign on it yet; • Even if AAPL corrects, in order for it to do a clear top sign would be important to lose the 38.2% retracement again, along with the 21 ema – this could frustrate the bullish thesis; • However, as long as AAPL stays above these key points, the bullish bias will persist, and our first target is still the $137 - $138 area. There’s no technical reason to change it; • There’s an Ascending Wedge in the 1h chart, and it seems AAPL wants to break it upwards, which would reinforce the bullish thesis; • Today, it is at $135 pre-market. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
4
US30 SHORT POSITION!!!!!From my last posting I believe US30 Index is in the beginning phases of its Descend into 2023. Assuming that we are not going higher than 34K. After an initial drop from my supply line the chart has given us new confluence to re enter if the initial drop was missed. First we see a trade setting up at what is the local golden pocket, although this trade will not be as high probability it is an opportunity to add to the position. We can see an ascending broadening wedge pattern as well which has direct confluence with the Supply Zone given by the large institutional candle this morning. I'll be looking to add to my short posititon. Not financial advice.
UShort
by ypnzel
1
AVAXUSDT is testing the weekly resistancethe price is going to retest the key level of 98.75 (weekly resistance) On the daily timeframe, the price flipped the 90$ area and retested as new support. On 4h timeframe, the price is creating an ascending change below the main resistance. How to approach? For the bullish scenario, the price needs to have a new breakout from the weekly and ascending channel . According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
$SPY GIONG UP... TEMPORARILYI want to believe from his weekly chart we should see some good gains until March then we should see the pullback we are all anticipating. I'm gonna say we will top out anywhere from the mid $480s to $500. Then we will see a 13%-30% dip (crash). If this is correct make some money and get out of the market for long plays cause its going down. But the bottom also has an upside to it as everything is cheap and will give those that play this time now right the opportunity to have great positions on the turnaround.
AMEX:SPY
by Riskitpaid
3
ATH BTC/USDT, WHY?Good Day! Only my point of view, but in long term scenario falling is very risky for BTC life, so I don't think market will do it. But of course I should prove it. Now we had breakout of ascending wedge , so price will go a bit deeper(down), under 40k. And here price has a choice: go to 28k?(what can cause descending triangular formation) or continue rising, what will actually prove the hole ascending cycle formation with Elliot principles. And I don't see any divergence on A/D indicator or other signs of real bear danger, instead we have a bullish diver. Elliot waves have strongly market bullish meaning, and the previous rising wave 1-2-3-4-5 is just smaller lvl as in theory, now we have abc movement, which is just first correction. So its clear to see we should wait a big pump. And when the price will follow the bullish view we will see not only new highs, but price about or above 100k, because imagine what will be the third wave in size as the largest one. A bear view u can see in my previous ideas. Have a good day!
BINANCEUS:BTCUSDLong
by UnknownUnicorn16582176
3
Dark side is getting closer BTC/USDTGood day! Firstly I would like to say that shark pattern is a bit dirty as CD gone far away deeper than 1,13 of XA , but it rebounded from 2,24 lvl of BC so I think it is a shark(as other lvls are good). Secondly here is a great possibility of double top. And thirdly we should not forget about ascending wedge breakout on 1D chart. Also the current crab formation on 1D chart that confirms the falling tendency has an ultra strong 1,618 lvl (what actually created consolidation). All in all, we should wait a bit more. Wait till price crossing 49k and goes lower. If so, local target is 42k and lower. So my view here is that now is the reverse point. And in global goals 28k is ok.
Short
by UnknownUnicorn16582176
2
BTCUSDT ascending wedge#BTCUSDT Based on the ascending wedge pattern, $BTC will likely print a new high in the coming days, but it will be short-lived and most likely with a negative momentum divergence on the RSI. It should be recognized that the ascending pattern could last several weeks before it is resolved. A bullish resolution would target the 4.618 Fibonacci extension of the 2017-2018 bear market at $80,000. On the other hand, if #BTC declines below the lower trend line, it needs to hold the SMA50 at $53,590. A failure to hold would turn a short-term correction into a more profound decline and a quick test of the January high at $41,986 followed by the 0.382 Fibonacci retracement level of the 2020-2021 bull market at $39,425. Further support appears at the 0.50 retracement level at $32,500.
Long
by parissap
4
Nasdaq anticipation wolf wave - elliot wave - ascending wedgeI've been anticipating nasdaq moves ignoring the news since quite a while and it work way better that way. and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility) If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge, and if Nasdaq goes to a range to 13400/13600, that would be a perfect bearish wolf wave. confirming previous anticipation drop. Then where would be 2 scenarii, 1 is the rebound from the 1D SMA200, the 2nd one would be the confirmation of the 5th legs of Eliot's wave and 50% fibo on weekly, so 10780. time will tell, im into the 2nd scenario.
ULong
by jeremiem