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Raisingwedge

BEAMX is beaming downwards #BEAMX/USDT #Analysis Description --------------------------------------------------------------- + BEAMX has formed a well-defined rising wedge pattern, which typically indicates a bearish trend in the chart. + Should the price breach the support line, we anticipate a sustained decline in price. + I plan to initiate a short trade as soon as the price breaches the support line, while maintaining a moderate stop loss. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.032179 Stop Loss: 0.03804 ------------------------------ Target 1: 0.03043 Target 2: 0.02921 Target 3: 0.02687 Target 4: 0.02443 ------------------------------ Timeframe: 4H Capital: 1-2% of trading capital Leverage: 5-20x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
SUI SUPPORT BROKEN BEARISH BEARISH BEARISH !?!Rising wedge has failed it's support. Correction to the downside seems like the most probably outcome. I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Short
by Navitility
UZD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Raising wedge 💲 Entry Point : 19.08024 🟢 TP1 18.96309 ⚠️( Close 50% of the trade and Set the SL on EP )⚠️ 🟢 TP2 18.84412 🔥 ( Final result)🔥 🔴 SL 19.19555 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
XLM is looking good to take really from here, wait for breakout!Technical analysis: #XLM (Daily update) * XLMUSDT is trying to BREAKOUT the raising wedge pattern, the beginning of an uptrend is expected from here. *The price is trading ABOVE 21- MA as well as 50 MA, LOOK too bullish when ever its trade above the 200 MA also. *XLM is now testing the major resistance zone . XLM need to break raising wedge to take momentum from here. Take Profits: TP1= @ 0.3969 TP2= @ 0.4499 TP3= @ 0.55 TP4= @ 0.74 SL=close BELOW 0.20 on daily bases. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #XLMCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
Long
by Bitking786
BTC analysis 2 August 2021The price of btc has been up and downs in the 40 000 USD range for the last few days. There is no doubt that this cumulates to a bigger move coming up this week. Here are our analysis on the potential Bull and Bear cases. My strategy is in the critical point paragraph below. Bearish case On the top chart, we have our bearish case. We broke down the raising channel yesterday and retesting the channel as a resistance before the larger correction down. If we dont break above 40500USD today or tomorrow. We will start seeing 37500USD and 36000USD. Please note this entire set up can be ultra bearish where we have completed the ABC wave up and more action downwards below 30 000USD. Bullish case On the bottom chart, we are still within the raising channel for ABCDE. We have one more wave up to 44000USD area this week. We first need to confirm by breaking the 405000USD and 42000USD before going to 44000USD as a last resistance. Critical point The critical point to both the bearish and bullish cases above is 39500USD level. Keep above this level will indicate that we have more upside going on and breaking it on a 4 hour timeframe indicates we will dump further. I have bought a bag of position around this level and monitoring where the price goes. Please note nothing goes up forever, we will need a correction down where everyone thinks we are in a bear market again, thats just how the manipulation wants everyone to follow. LZ Kind regards Not financial advice
BITSTAMP:BTCUSD
by lucian136
raising wedge correction is almost finished ...BTC has a chance to raise in one two three. I believe the correction happened because of the rising wedge, that nobody can ignore that. we saw so many very long wecks that show a lot of interest, who bought your BTC while it's going to touch the ground as some said? the big volume profile area will finish close to 43k 42k levels, also clear divergence on 4 hours timeframe formed. just let it go and take it easy ... BTC is going nowhere .. stay safe
by hatmaendik
11
$LINK.X, LINK Breaking out of Raising Wedge?Hi Community, LINK's recent drop came after breaking out a 2-week long raising wedge. After recharging at the $20-$21 range, price started to range within another raising wedge. I am new to trading but I read that raising wedges during a downtrend signal likely further drops. The price seems it has already broken out the wedge (confirmed). If I am correct with this, we should see LINK price fall down to the $21-$23 range. Currently, RSI<50 and price is below all EMAs. What do you see? Still learning here, so any constructive feedback and positive vibes are welcome. Thank you and happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
Short
by BitfulMind
Trade opportunity for SILVERWhen we look at the chart we can see that Silver is close to a falling and raising wedge. If we get to see the breakout of the wedge we will wait for the retest to enter than. My personal opinion is that the price is going to break the falling wedge and that we get a confirmation for a long position when we get to see the retest of the wedge. Keep in mind that it also could be that the price doesn't go and retest the wedge. So what you can do than is just go long on the break and if the price does retest the wedge you can stack positions. Let me know in the comments what you think of it and what your idea is for Silver If you like the idea, don't forget to give it a like If you have any questions, feel free to PM me
OANDA:XAGUSD
by MaBaCapital2