Chart Overview
- Pattern Identified: Falling Wedge Pattern
- A bullish reversal pattern, often appearing after a downtrend.
- Three major touchpoints on the lower trendline indicate strong support and pattern validity.
Demand Zone (Support Area)
- Marked near the current price level ($2.0309 - $2.6722)
- Price is testing this zone for the third time.
Supply Zone (Resistance Area)
- Around ($6.6529 – $9.2734)
- Multiple swing highs are plotted within or near this region, indicating strong historical resistance.
Volume Profile (Right side of chart)
- High volume node between $2.50 – $4.00 suggests price acceptance and a potential area for consolidation or resistance after breakout.
- Low volume area between $4.50 – $6.50 implies less resistance, so price might move quickly through it.
FVG (Fair Value Gaps)
- Several FVGs (imbalance zones) are highlighted.
- $3.8 – $4.05
- $5.8236 – $6.1663
- These zones often act as magnets for price, offering potential targets after breakout.
📏 Fibonacci Levels
- Pullback levels (0.28, 0.5, 0.618, 0.786) are marked.
- Price may retrace toward these areas as part of the bullish structure.
✅ Bullish Scenario
- Breakout from the falling wedge pattern.
- Price pushes into first FVG (~$3.8), then toward $5.8236 – $6.1663, eventually challenging the supply zone ($6.6529 – $9.2734)
⚠️ Risks
- If price breaks below the demand zone, it invalidates the wedge and opens room for further downside.
- Falling wedge breakouts require confirmation (e.g., daily close above wedge resistance).
📊 Summary
- Bias: Bullish if support holds and wedge breakout occurs.
- Trigger: Break and close above wedge resistance line.
- Targets: $3.8 → $5.8 → $6.1 → $9.5
- Invalidation: Daily close below the demand zone ($2.00 - $1.90)
Please note this is not financial Advice. This is just an analysis!
- Pattern Identified: Falling Wedge Pattern
- A bullish reversal pattern, often appearing after a downtrend.
- Three major touchpoints on the lower trendline indicate strong support and pattern validity.
Demand Zone (Support Area)
- Marked near the current price level ($2.0309 - $2.6722)
- Price is testing this zone for the third time.
Supply Zone (Resistance Area)
- Around ($6.6529 – $9.2734)
- Multiple swing highs are plotted within or near this region, indicating strong historical resistance.
Volume Profile (Right side of chart)
- High volume node between $2.50 – $4.00 suggests price acceptance and a potential area for consolidation or resistance after breakout.
- Low volume area between $4.50 – $6.50 implies less resistance, so price might move quickly through it.
FVG (Fair Value Gaps)
- Several FVGs (imbalance zones) are highlighted.
- $3.8 – $4.05
- $5.8236 – $6.1663
- These zones often act as magnets for price, offering potential targets after breakout.
📏 Fibonacci Levels
- Pullback levels (0.28, 0.5, 0.618, 0.786) are marked.
- Price may retrace toward these areas as part of the bullish structure.
✅ Bullish Scenario
- Breakout from the falling wedge pattern.
- Price pushes into first FVG (~$3.8), then toward $5.8236 – $6.1663, eventually challenging the supply zone ($6.6529 – $9.2734)
⚠️ Risks
- If price breaks below the demand zone, it invalidates the wedge and opens room for further downside.
- Falling wedge breakouts require confirmation (e.g., daily close above wedge resistance).
📊 Summary
- Bias: Bullish if support holds and wedge breakout occurs.
- Trigger: Break and close above wedge resistance line.
- Targets: $3.8 → $5.8 → $6.1 → $9.5
- Invalidation: Daily close below the demand zone ($2.00 - $1.90)
Please note this is not financial Advice. This is just an analysis!
액티브 트레이드
Price retested the demand zone point of $2.0309 and failed to break through, with 4 candles taking place with large wicks the bulls begin to gain strength.
주문취소됨
Due to unfortunate evens of WWIII incoming, our trade TIA has become invalid.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.