WedgePattern
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Notcoin (NOT) Analysis: Two Bullish Patterns Spotted! 🚀
$NOT
Hey there, Binance Square family! 👋 Let's dive into some exciting technical analysis on Notcoin (NOT).
What's Poppin'?
We've identified two bullish patterns forming on the daily chart for NOT:
* Wedge Pattern: This pattern is created by converging trend lines, indicating a period of consolidation. A breakout to the upside could signal a bullish move. 🎯
* Head and Shoulders Pattern: This pattern is characterized by a series of peaks and troughs that resemble a head and two shoulders. A breakout above the right shoulder could also signal a bullish move. 🎯
What to Watch For:
* Breakouts: We're closely watching for a breakout from either the wedge or the head and shoulders pattern.
* Potential Target: If either pattern breaks out, the price could potentially reach around $0.015. 📈
Let's Chat!
If you have any questions or want to discuss this further, feel free to drop a comment below. 💬
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#NOT #BinanceSquare #CryptoAnalysis #WedgePattern #HeadAndShoulders #TradingOpportunities
Hey there, Binance Square family! 👋 Let's dive into some exciting technical analysis on Notcoin (NOT).
What's Poppin'?
We've identified two bullish patterns forming on the daily chart for NOT:
* Wedge Pattern: This pattern is created by converging trend lines, indicating a period of consolidation. A breakout to the upside could signal a bullish move. 🎯
* Head and Shoulders Pattern: This pattern is characterized by a series of peaks and troughs that resemble a head and two shoulders. A breakout above the right shoulder could also signal a bullish move. 🎯
What to Watch For:
* Breakouts: We're closely watching for a breakout from either the wedge or the head and shoulders pattern.
* Potential Target: If either pattern breaks out, the price could potentially reach around $0.015. 📈
Let's Chat!
If you have any questions or want to discuss this further, feel free to drop a comment below. 💬
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#NOT #BinanceSquare #CryptoAnalysis #WedgePattern #HeadAndShoulders #TradingOpportunities
Tresa Bukowinski lO3y:
there is nothing bullish about this scamcoin
POPCAT/USDT: Wedge Pattern Spotted! 🚀
Hey there, Binance Square family! 👋 Let's dive into some exciting technical analysis on POPCAT/USDT.
What's Poppin'?
We're currently observing a wedge pattern forming on the chart. 🧐 This pattern is created by converging trend lines, indicating a period of consolidation.
What to Watch For:
* Breakout: If the price breaks out of the wedge to the upside, it could signal a bullish move. 🎯
* Potential Growth: The target for the breakout is the top of the wedge. 📈
What's Next?
We're watching closely to see which direction the price breaks out of the wedge.
Let's Chat!
If you have any questions or want to discuss this further, feel free to drop a comment below. 💬
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#POPCATUSDT #BinanceSquare #CryptoAnalysis #WedgePattern #TradingOpportunities
What's Poppin'?
We're currently observing a wedge pattern forming on the chart. 🧐 This pattern is created by converging trend lines, indicating a period of consolidation.
What to Watch For:
* Breakout: If the price breaks out of the wedge to the upside, it could signal a bullish move. 🎯
* Potential Growth: The target for the breakout is the top of the wedge. 📈
What's Next?
We're watching closely to see which direction the price breaks out of the wedge.
Let's Chat!
If you have any questions or want to discuss this further, feel free to drop a comment below. 💬
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#POPCATUSDT #BinanceSquare #CryptoAnalysis #WedgePattern #TradingOpportunities
ICP Forms Bearish Wedge: Breakdown Target at $3.5**
#BearishAlert #BearishWedge #WedgePattern #CryptoMarketSentiment😬📉📈 #BEARISH📉
ICP (Internet Computer Protocol) has now formed a bearish symmetrical wedge after previously hitting a head and shoulders pattern's target. Statistically, this wedge is a bearish indicator, but patterns aren't always 100% reliable.
If the wedge breaks down, the measured move suggests a potential drop to around $3.5, based on the height of the wedge.
At its current price level of approximately $4.5, this would represent a significant decline. Historically, symmetrical wedges tend to break downward 60-70% of the time in bearish markets, making this a crucial pattern to watch.
Traders should exercise caution, as a failed breakout could lead to further losses. Keep an eye on volume and market sentiment to gauge the next move.
#BearishAlert #BearishWedge #WedgePattern #CryptoMarketSentiment😬📉📈 #BEARISH📉
ICP (Internet Computer Protocol) has now formed a bearish symmetrical wedge after previously hitting a head and shoulders pattern's target. Statistically, this wedge is a bearish indicator, but patterns aren't always 100% reliable.
If the wedge breaks down, the measured move suggests a potential drop to around $3.5, based on the height of the wedge.
At its current price level of approximately $4.5, this would represent a significant decline. Historically, symmetrical wedges tend to break downward 60-70% of the time in bearish markets, making this a crucial pattern to watch.
Traders should exercise caution, as a failed breakout could lead to further losses. Keep an eye on volume and market sentiment to gauge the next move.
#Bitcoin hourly Chart Analysis
$BTC has been moving on #WedgePattern since last one week, after break-out New All Time High of 2023 on 24 Nov. at $38k for the first time.
#BTC now completed the previous pattern on #BroadeningWedge Pattern and Retested again $38k for the second time on 29 Nov. and now started movement on #FallingWedge Pattern.
Which is clearly showing that soon the next target will break out of $38k and go towards $40k, from where its next movement will be to break out in December soon, after $40k-45k markup of 2023 with All Time High markup with a HYIP of Pumping and after Dumping probably Towards $35k - 33k..!
Always DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss at this high level of volatile situations of $BTC
$BTC has been moving on #WedgePattern since last one week, after break-out New All Time High of 2023 on 24 Nov. at $38k for the first time.
#BTC now completed the previous pattern on #BroadeningWedge Pattern and Retested again $38k for the second time on 29 Nov. and now started movement on #FallingWedge Pattern.
Which is clearly showing that soon the next target will break out of $38k and go towards $40k, from where its next movement will be to break out in December soon, after $40k-45k markup of 2023 with All Time High markup with a HYIP of Pumping and after Dumping probably Towards $35k - 33k..!
Always DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss at this high level of volatile situations of $BTC