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🔥 *Candlestick Patterns Cheat‑Sheet for Traders* 🔥
Ever wonder how pros read the market’s mood just by looking at a few bars? 📊 Here are the 12 classic bullish & bearish patterns you need to know:
1. *Engulfing*
- _Bullish Engulfing_: a big green candle swallows the previous red one → signals a potential *uptrend*.
- _Bearish Engulfing_: a big red candle swallows the green one → warns of a *downtrend*.
2. *Marubozu*
- _Bullish Marubozu_: a solid green candle with no wicks → strong buying pressure, expect *upward* move.
- _Bearish Marubozu_: a solid red candle with no wicks → intense selling, expect *downward* move.
3. *Hammer*
- _Bullish Hammer_: small body, long lower wick → buyers are stepping in after a dip, hints at *reversal up*.
- _Bearish Hammer_ (Hanging Man): same shape in an uptrend → possible *reversal down*.
4. *Pin Bar*
- _Bullish Pin Bar_: long lower tail, small body → price rejects lower levels, signals *buy*.
- _Bearish Pin Bar_: long upper tail → rejects higher levels, signals *sell*.
5. *Harami*
- _Bullish Harami_: small green body inside a larger red one → potential *upturn*.
- _Bearish Harami_: small red body inside a larger green one → possible *downturn*.
6. *Spinning Top*
- _Bullish Spinning Top_: small body with long wicks → market indecision, can lead to *up* if confirmed.
- _Bearish Spinning Top_: similar indecision, may lead to *down* move.
💡 *Tip*: Always confirm these patterns with volume or other indicators before making a trade. The market loves to throw false signals, so stay sharp and use proper risk management.
👉 Which of these patterns do you use most in your trading? Are you looking for tips on how to spot them in real-time charts? 🤔
:
🔥 *Candlestick Patterns Cheat‑Sheet for Traders* 🔥
Ever wonder how pros read the market’s mood just by looking at a few bars? 📊 Here are the 12 classic bullish & bearish patterns you need to know:
1. *Engulfing*
- _Bullish Engulfing_: a big green candle swallows the previous red one → signals a potential *uptrend*.
- _Bearish Engulfing_: a big red candle swallows the green one → warns of a *downtrend*.
2. *Marubozu*
- _Bullish Marubozu_: a solid green candle with no wicks → strong buying pressure, expect *upward* move.
- _Bearish Marubozu_: a solid red candle with no wicks → intense selling, expect *downward* move.
3. *Hammer*
- _Bullish Hammer_: small body, long lower wick → buyers are stepping in after a dip, hints at *reversal up*.
- _Bearish Hammer_ (Hanging Man): same shape in an uptrend → possible *reversal down*.
4. *Pin Bar*
- _Bullish Pin Bar_: long lower tail, small body → price rejects lower levels, signals *buy*.
- _Bearish Pin Bar_: long upper tail → rejects higher levels, signals *sell*.
5. *Harami*
- _Bullish Harami_: small green body inside a larger red one → potential *upturn*.
- _Bearish Harami_: small red body inside a larger green one → possible *downturn*.
6. *Spinning Top*
- _Bullish Spinning Top_: small body with long wicks → market indecision, can lead to *up* if confirmed.
- _Bearish Spinning Top_: similar indecision, may lead to *down* move.
💡 *Tip*: Always confirm these patterns with volume or other indicators before making a trade. The market loves to throw false signals, so stay sharp and use proper risk management.
👉 Which of these patterns do you use most in your trading? Are you looking for tips on how to spot them in real-time charts? 🤔
🔥 *Binance Wallet's 5th Pre-TGE Prime Sale: Zama (ZAMA) is Live Today!* 🔥
Get ready to grab $ZAMA tokens! Binance Wallet is hosting its 5th Pre-TGE Prime Sale for *Zama (ZAMA)*, happening today, January 29, 2026, between *08:00–10:00 UTC*. This sale is exclusively for users holding *Binance Alpha Points* ¹ ² ³.
*About Zama:*
Zama is a blockchain infrastructure firm specializing in *Fully Homomorphic Encryption (FHE)*, enabling computation on encrypted data without decryption. This tech is a game-changer for privacy-conscious decentralized apps ¹ ⁴.
*Participation Details:*
- *Subscription Window:* 08:00–10:00 UTC, Jan 29, 2026
- *Eligibility:* Holders of Binance Alpha Points
- *Allocation:* Pro rata based on BNB committed (max 3 BNB per user)
- *Token Unlock:* Post-TGE, expected around Feb 2, 2026
Want to know how to participate or more about Zama's impact on blockchain privacy? 🤔
$BNB $XRP #MarketCorrection #USIranStandoff
Get ready to grab $ZAMA tokens! Binance Wallet is hosting its 5th Pre-TGE Prime Sale for *Zama (ZAMA)*, happening today, January 29, 2026, between *08:00–10:00 UTC*. This sale is exclusively for users holding *Binance Alpha Points* ¹ ² ³.
*About Zama:*
Zama is a blockchain infrastructure firm specializing in *Fully Homomorphic Encryption (FHE)*, enabling computation on encrypted data without decryption. This tech is a game-changer for privacy-conscious decentralized apps ¹ ⁴.
*Participation Details:*
- *Subscription Window:* 08:00–10:00 UTC, Jan 29, 2026
- *Eligibility:* Holders of Binance Alpha Points
- *Allocation:* Pro rata based on BNB committed (max 3 BNB per user)
- *Token Unlock:* Post-TGE, expected around Feb 2, 2026
Want to know how to participate or more about Zama's impact on blockchain privacy? 🤔
$BNB $XRP #MarketCorrection #USIranStandoff
🚀 *OrderBlock S/D Patterns Simplified* 🚀
Yo, traders! 📈 Check out this killer visual breakdown of *Supply & Demand (S/D) order block patterns* that makes reading the market a breeze. The chart shows six classic setups you’ll spot on the charts:
1. *Rally-Base-Rally (RBR)* – spot a demand zone, wait for the pullback, then *buy* on the retest.
2. *Drop-Base-Drop (DBD)* – identify a supply zone, wait for the pullback, then *sell* on the retest.
3. *Drop-OB-Drop (DOBD)* – see an order block (OB), wait for the pullback, *sell* at retest after a Break of Structure (BOS).
4. *Drop-Base-Rally (DBR)* – find a demand zone after a drop, wait for pullback, *buy* on retest.
5. *Rally-Base-Drop (RBD)* – spot a supply zone after a rally, wait for pullback, *sell* on retest.
6. *Rally-OB-Rally (ROBR)* – notice an order block, wait for pullback, *buy* on retest after BOS.
🔑 *Key tip*: always wait for the pullback to the order block or S/D zone and confirm the retest before entering your trade. This keeps you on the right side of the market and boosts your win rate.
👉 *Your move*: which of these patterns do you use most in your trading? Drop a comment and let’s break down your favorite setup! 💬📊
Yo, traders! 📈 Check out this killer visual breakdown of *Supply & Demand (S/D) order block patterns* that makes reading the market a breeze. The chart shows six classic setups you’ll spot on the charts:
1. *Rally-Base-Rally (RBR)* – spot a demand zone, wait for the pullback, then *buy* on the retest.
2. *Drop-Base-Drop (DBD)* – identify a supply zone, wait for the pullback, then *sell* on the retest.
3. *Drop-OB-Drop (DOBD)* – see an order block (OB), wait for the pullback, *sell* at retest after a Break of Structure (BOS).
4. *Drop-Base-Rally (DBR)* – find a demand zone after a drop, wait for pullback, *buy* on retest.
5. *Rally-Base-Drop (RBD)* – spot a supply zone after a rally, wait for pullback, *sell* on retest.
6. *Rally-OB-Rally (ROBR)* – notice an order block, wait for pullback, *buy* on retest after BOS.
🔑 *Key tip*: always wait for the pullback to the order block or S/D zone and confirm the retest before entering your trade. This keeps you on the right side of the market and boosts your win rate.
👉 *Your move*: which of these patterns do you use most in your trading? Drop a comment and let’s break down your favorite setup! 💬📊
🔥 *How to Draw a Trendline Like a Pro* 🔥
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Yo, check out this simple guide on nailing a trendline in trading! 📈 The chart shows two key things:
1. *The right way* (top chart ✅): connect *higher lows* to form an upward trendline. You need at least *2 points* (Point 1 & Point 2), but the more touches you get, the stronger the trend becomes. The line should run through *higher highs* and *higher lows*, confirming an uptrend.
2. *The wrong way* (bottom chart ❌): drawing a trendline with just 2 points that don’t respect the higher-low pattern makes the trend weak and unreliable.
💡 *Bottom line*: a trendline needs *2 initial points* and should be validated by subsequent higher lows (for an uptrend) or lower highs (for a downtrend). The more touches, the stronger the trend signal.
Want to know how to use trendlines for actual trading decisions? 🤔
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Yo, check out this simple guide on nailing a trendline in trading! 📈 The chart shows two key things:
1. *The right way* (top chart ✅): connect *higher lows* to form an upward trendline. You need at least *2 points* (Point 1 & Point 2), but the more touches you get, the stronger the trend becomes. The line should run through *higher highs* and *higher lows*, confirming an uptrend.
2. *The wrong way* (bottom chart ❌): drawing a trendline with just 2 points that don’t respect the higher-low pattern makes the trend weak and unreliable.
💡 *Bottom line*: a trendline needs *2 initial points* and should be validated by subsequent higher lows (for an uptrend) or lower highs (for a downtrend). The more touches, the stronger the trend signal.
Want to know how to use trendlines for actual trading decisions? 🤔
🚀 *Don't Fall for Fake Candlestick Confirmations!* 🚀
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When trading, waiting for proper candle closure is crucial to avoid false signals. A fake movement can occur, and if you're not careful, you might end up making a costly trade.
*Here's the deal:*
- *Genuine Confirmation*: Wait for the candle to close before executing trades.
- *Fake Confirmation*: A fake movement can happen, leading to wrong decisions.
To ensure successful trades, always wait for the proper candle closure. This simple step can save you from unnecessary losses and help you make more informed trading decisions ¹.
Want to know more about identifying genuine candlestick patterns or need tips on improving your trading strategy? 🤔
Follow me please
When trading, waiting for proper candle closure is crucial to avoid false signals. A fake movement can occur, and if you're not careful, you might end up making a costly trade.
*Here's the deal:*
- *Genuine Confirmation*: Wait for the candle to close before executing trades.
- *Fake Confirmation*: A fake movement can happen, leading to wrong decisions.
To ensure successful trades, always wait for the proper candle closure. This simple step can save you from unnecessary losses and help you make more informed trading decisions ¹.
Want to know more about identifying genuine candlestick patterns or need tips on improving your trading strategy? 🤔
Pretvori 0.5 USDT v 930.12 BOME
If Pi Network {Pi} successfully hits $314,159 overnight, GCV community members will be more powerful and active than ever lol.
Let's watch and see the future of
Pi. #PiNetwork #openmainnet
#picoinbuyer
Let's watch and see the future of
Pi. #PiNetwork #openmainnet
#picoinbuyer
SEI
Imetje
Skupni dobiček/izguba
-0.46%
Post smart. Post original. Get rewarded.
After an incredible first round of the 100 BNB Surprise Drop, we're back with 200 BNB to reward standout content on Binance Square.
After an incredible first round of the 100 BNB Surprise Drop, we're back with 200 BNB to reward standout content on Binance Square.
Pretvori 1.40948 USDT v 2536.96 BOME
$BNB
🔥 *Binance Wallet's 5th Pre-TGE Prime Sale: Zama (ZAMA) is Live Today!* 🔥
Get ready to grab $ZAMA tokens! Binance Wallet is hosting its 5th Pre-TGE Prime Sale for *Zama (ZAMA)*, happening today, January 29, 2026, between *08:00–10:00 UTC*. This sale is exclusively for users holding *Binance Alpha Points* ¹ ² ³.
*About Zama:*
Zama is a blockchain infrastructure firm specializing in *Fully Homomorphic Encryption (FHE)*, enabling computation on encrypted data without decryption. This tech is a game-changer for privacy-conscious decentralized apps ¹ ².
*Participation Details:*
- *Subscription Window:* 08:00–10:00 UTC, Jan 29, 2026
- *Eligibility:* Holders of Binance Alpha Points
- *Allocation:* Pro rata based on BNB committed (max 3 BNB per user)
- *Token Unlock:* Post-TGE, expected around Feb 2, 2026
Want to know how to participate or more about Zama's impact on blockchain privacy? 🤔$BNB
🔥 *Binance Wallet's 5th Pre-TGE Prime Sale: Zama (ZAMA) is Live Today!* 🔥
Get ready to grab $ZAMA tokens! Binance Wallet is hosting its 5th Pre-TGE Prime Sale for *Zama (ZAMA)*, happening today, January 29, 2026, between *08:00–10:00 UTC*. This sale is exclusively for users holding *Binance Alpha Points* ¹ ² ³.
*About Zama:*
Zama is a blockchain infrastructure firm specializing in *Fully Homomorphic Encryption (FHE)*, enabling computation on encrypted data without decryption. This tech is a game-changer for privacy-conscious decentralized apps ¹ ².
*Participation Details:*
- *Subscription Window:* 08:00–10:00 UTC, Jan 29, 2026
- *Eligibility:* Holders of Binance Alpha Points
- *Allocation:* Pro rata based on BNB committed (max 3 BNB per user)
- *Token Unlock:* Post-TGE, expected around Feb 2, 2026
Want to know how to participate or more about Zama's impact on blockchain privacy? 🤔$BNB
🔥 *Binance Wallet's 5th Pre-TGE Prime Sale: Zama (ZAMA) is Live Today!* 🔥
Get ready to grab $ZAMA tokens! Binance Wallet is hosting its 5th Pre-TGE Prime Sale for *Zama (ZAMA)*, happening today, January 29, 2026, between *08:00–10:00 UTC*. This sale is exclusively for users holding *Binance Alpha Points* ¹ ² ³.
*About Zama:*
Zama is a blockchain infrastructure firm specializing in *Fully Homomorphic Encryption (FHE)*, enabling computation on encrypted data without decryption. This tech is a game-changer for privacy-conscious decentralized apps ¹ ⁴.
*Participation Details:*
- *Subscription Window:* 08:00–10:00 UTC, Jan 29, 2026
- *Eligibility:* Holders of Binance Alpha Points
- *Allocation:* Pro rata based on BNB committed (max 3 BNB per user)
- *Token Unlock:* Post-TGE, expected around Feb 2, 2026
Want to know how to participate or more about Zama's impact on blockchain privacy? 🤔
Get ready to grab $ZAMA tokens! Binance Wallet is hosting its 5th Pre-TGE Prime Sale for *Zama (ZAMA)*, happening today, January 29, 2026, between *08:00–10:00 UTC*. This sale is exclusively for users holding *Binance Alpha Points* ¹ ² ³.
*About Zama:*
Zama is a blockchain infrastructure firm specializing in *Fully Homomorphic Encryption (FHE)*, enabling computation on encrypted data without decryption. This tech is a game-changer for privacy-conscious decentralized apps ¹ ⁴.
*Participation Details:*
- *Subscription Window:* 08:00–10:00 UTC, Jan 29, 2026
- *Eligibility:* Holders of Binance Alpha Points
- *Allocation:* Pro rata based on BNB committed (max 3 BNB per user)
- *Token Unlock:* Post-TGE, expected around Feb 2, 2026
Want to know how to participate or more about Zama's impact on blockchain privacy? 🤔
$BOME
Falling Wedge Chart Pattern
As you might have guessed by now, the falling wedge pattern is the bullish version of the rising wedge pattern chart. The descending wedge pattern is made out of at least two lower highs and two lower lows.
So, regardless of the trend, the falling wedge breakout will signify an entry into a bull market.
Falling Wedge Chart Pattern
As you might have guessed by now, the falling wedge pattern is the bullish version of the rising wedge pattern chart. The descending wedge pattern is made out of at least two lower highs and two lower lows.
So, regardless of the trend, the falling wedge breakout will signify an entry into a bull market.
$SEI
Rectangle Pattern
The rectangle pattern is a slight variation of the triangle trading technique. Rectangle pattern trading is done within a trend, where the price remains between two horizontal support and resistance lines.
Just like the triangle patterns, the rectangle pattern predicts a continuation of the previous trend, bullish or bearish, but worth noting that the rectangle top pattern generates much less momentum than its triangle counterparts.
Rectangle Pattern
The rectangle pattern is a slight variation of the triangle trading technique. Rectangle pattern trading is done within a trend, where the price remains between two horizontal support and resistance lines.
Just like the triangle patterns, the rectangle pattern predicts a continuation of the previous trend, bullish or bearish, but worth noting that the rectangle top pattern generates much less momentum than its triangle counterparts.
$ADA
📊 CHART PATTERNS – The Language of the Market
Understanding chart patterns helps traders spot trend direction, breakouts, and reversals before the big move happens.
🟢 Bullish Patterns (Uptrend Signals)
✅ Ascending Triangle
✅ Falling Flag
✅ Cup & Handle
✅ Double Bottom (W)
✅ Rising Pennant
🔴 Bearish Patterns (Downtrend Signals)
❌ Descending Triangle
❌ Rising Flag
❌ Inverse Cup & Handle
❌ Double Top (M)
❌ Falling Pennant
📌 Pro Tip:
Patterns work best when combined with volume, support & resistance, and risk management.
💡 Learn the pattern.
📈 Trade the trend.
🧠 Control the risk.
#ChartPatterns #TechnicalAnalysis #CryptoTrading #ForexTrading #PriceAction #ClawdbotSaysNoToken $ETH
📊 CHART PATTERNS – The Language of the Market
Understanding chart patterns helps traders spot trend direction, breakouts, and reversals before the big move happens.
🟢 Bullish Patterns (Uptrend Signals)
✅ Ascending Triangle
✅ Falling Flag
✅ Cup & Handle
✅ Double Bottom (W)
✅ Rising Pennant
🔴 Bearish Patterns (Downtrend Signals)
❌ Descending Triangle
❌ Rising Flag
❌ Inverse Cup & Handle
❌ Double Top (M)
❌ Falling Pennant
📌 Pro Tip:
Patterns work best when combined with volume, support & resistance, and risk management.
💡 Learn the pattern.
📈 Trade the trend.
🧠 Control the risk.
#ChartPatterns #TechnicalAnalysis #CryptoTrading #ForexTrading #PriceAction #ClawdbotSaysNoToken $ETH
SMC Study: Buy & Sell Traps (Pro) - Levels Only
SMC Study: Buy & Sell Traps (Pro) - Levels Only is a Smart Money Concepts (SMC) based indicator designed to display key Support & Resistance levels on the chart. It helps traders identify important price zones where liquidity and market reactions are likely.
SMC Study: Buy & Sell Traps (Pro) - Levels Only is a Smart Money Concepts (SMC) based indicator designed to display key Support & Resistance levels on the chart. It helps traders identify important price zones where liquidity and market reactions are likely.
Binance Alpha will be the first platform to feature Moonbirds (BIRB) on January 28.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens.
#ClawdbotSaysNoToken
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens.
#ClawdbotSaysNoToken
$XRP
XRP COIN UPDATE
**Current Price:** $0.45 USD
**24h Trading Volume:** $1.5B
**Market Cap:** $22B
XRP coin ki price mein 2.50% ki izafa hui hai, yeh ek naya record hai!
**Prediction:**
2026 ke end tak $1.50 USD par pahunch sakti hai, jismein 233% ki izafa hogi.
**XRP Coin Details:**
* Coin Name: Ripple
* Symbol: XRP
* Total Supply: 100,000,000,000
* Circulating Supply: 50,000,000,000
**Chart:**
Upar
XRP coin Ripple ki blockchain technology ka native token hai, jo tez aur saste cross-border transactions pradaan karta hai. Kya aap XRP coin mein invest karenge?
#XRPCoin #Crypto #Investment #Ripple
Ya phir yeh bhi dekh sakte hain
**Ripple ki kuchh visheshtaen:**
* Tez: 2-3 second mein transaction ho jata hai.
* Sasta: Bahut kam fees lagta hai.
* Scalable: Bahut badi sankhya mein transactions ko handle kar sakta hai.
Kya aap XRP coin mein invest karenge?
XRP COIN UPDATE
**Current Price:** $0.45 USD
**24h Trading Volume:** $1.5B
**Market Cap:** $22B
XRP coin ki price mein 2.50% ki izafa hui hai, yeh ek naya record hai!
**Prediction:**
2026 ke end tak $1.50 USD par pahunch sakti hai, jismein 233% ki izafa hogi.
**XRP Coin Details:**
* Coin Name: Ripple
* Symbol: XRP
* Total Supply: 100,000,000,000
* Circulating Supply: 50,000,000,000
**Chart:**
Upar
XRP coin Ripple ki blockchain technology ka native token hai, jo tez aur saste cross-border transactions pradaan karta hai. Kya aap XRP coin mein invest karenge?
#XRPCoin #Crypto #Investment #Ripple
Ya phir yeh bhi dekh sakte hain
**Ripple ki kuchh visheshtaen:**
* Tez: 2-3 second mein transaction ho jata hai.
* Sasta: Bahut kam fees lagta hai.
* Scalable: Bahut badi sankhya mein transactions ko handle kar sakta hai.
Kya aap XRP coin mein invest karenge?
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BOME/USDT
🚀 *Trading Patterns Cheat‑Sheet by Mati Trader* 🚀
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🔥 Check out these classic chart patterns that every trader should know! The infographic breaks down *12 key formations* into bullish (up) & bearish (down) signals:
1. *Inverse Head & Shoulders* – bullish reversal.
2. *Head & Shoulders* – bearish reversal.
3. *Symmetrical Triangle (Bullish)* – breakout upward.
4. *Symmetrical Triangle (Bearish)* – breakdown downward.
5. *Rectangle Formation (Bullish)* – price consolidates before an up move.
6. *Rectangle Formation (Bearish)* – consolidation before a down swing.
7. *Triple Bottom* – strong bullish reversal after three lows.
8. *Triple Top* – sharp bearish reversal after three highs.
9. *Rounding Bottom* – gradual bullish turnaround.
10. *Rounding Top* – smooth bearish shift.
11. *Broadening Bottom (Vuvuzela)* – expanding volatility, bullish breakout.
12. *Broadening Top (Vuvuzela)* – widening range, bearish collapse.
💡 *Tip:* Spot the pattern, confirm with volume, and set your entry/exit based on the expected direction (green = buy, red = sell). Mastering these formations can give you an edge in reading market moves and timing your trades 🔎📈.
🔥 Check out these classic chart patterns that every trader should know! The infographic breaks down *12 key formations* into bullish (up) & bearish (down) signals:
1. *Inverse Head & Shoulders* – bullish reversal.
2. *Head & Shoulders* – bearish reversal.
3. *Symmetrical Triangle (Bullish)* – breakout upward.
4. *Symmetrical Triangle (Bearish)* – breakdown downward.
5. *Rectangle Formation (Bullish)* – price consolidates before an up move.
6. *Rectangle Formation (Bearish)* – consolidation before a down swing.
7. *Triple Bottom* – strong bullish reversal after three lows.
8. *Triple Top* – sharp bearish reversal after three highs.
9. *Rounding Bottom* – gradual bullish turnaround.
10. *Rounding Top* – smooth bearish shift.
11. *Broadening Bottom (Vuvuzela)* – expanding volatility, bullish breakout.
12. *Broadening Top (Vuvuzela)* – widening range, bearish collapse.
💡 *Tip:* Spot the pattern, confirm with volume, and set your entry/exit based on the expected direction (green = buy, red = sell). Mastering these formations can give you an edge in reading market moves and timing your trades 🔎📈.
$BTC
The live Bitcoin price today is $89263.94 USD with a 24-hour trading volume of $41223108679.47 USD. We update our BTC to USD price in real-time.
The live Bitcoin price today is $89263.94 USD with a 24-hour trading volume of $41223108679.47 USD. We update our BTC to USD price in real-time.
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BOME/USDT
Rising Wedge Chart Pattern
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The bearish rising wedge is formed by prices registering at least two higher highs and two higher lows. This rising wedge pattern is considered extremely bearish because it can signify one of two things:
A slow continuation of a bearish trend
A reversal of a bullish trend
In either case, a rising wedge breakout usually results to a bear market.
In the example above, you can see a rising wedge continuation pattern, where the short bullish uptrend forms a wedge with higher highs and higher lows. The volume decline shows momentum buildup towards a bearish breakout. Shorts are to be placed under the wedge breakout zone, with the target equating to the opening of the wedge.
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The bearish rising wedge is formed by prices registering at least two higher highs and two higher lows. This rising wedge pattern is considered extremely bearish because it can signify one of two things:
A slow continuation of a bearish trend
A reversal of a bullish trend
In either case, a rising wedge breakout usually results to a bear market.
In the example above, you can see a rising wedge continuation pattern, where the short bullish uptrend forms a wedge with higher highs and higher lows. The volume decline shows momentum buildup towards a bearish breakout. Shorts are to be placed under the wedge breakout zone, with the target equating to the opening of the wedge.
Rounded Bottom Pattern
Similar to the cup and handle, the rounded bottom pattern forms a U shape. However, it doesn't present a "handle" to signal the breakout. Instead, the rounded bottom breakout is simply projected from the neckline resistance.
This pattern is used to confirm trend reversals for long-term bearish trends.$SOL
Similar to the cup and handle, the rounded bottom pattern forms a U shape. However, it doesn't present a "handle" to signal the breakout. Instead, the rounded bottom breakout is simply projected from the neckline resistance.
This pattern is used to confirm trend reversals for long-term bearish trends.$SOL
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