🚨 BREAKING NEWS 🚨
U.S. NONFARM PAYROLLS: +272000 (EST. +182000)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
@Coach 🥳
Navigating the Falling Wedge
1️⃣ Setup:Identifying the Pattern: The falling wedge forms during a downtrend but suggests an upcoming bullish reversal as the lines converge.
2️⃣ Fibonacci Retracement: Look for key retracement levels like 0.618 as potential entry points when the price breaks the wedge pattern. 📉➡️📈
3️⃣ Support Zone: This area often acts as a strong buying pressure point, hinting at where to consider entering trades.
4️⃣ Market Strategy: It's usually more advantageous to go with the bullish momentum of the main trend rather than against it.
Aim to trade with the trend for a smoother path to profit 💵🔼
@Coach 🥳
#ONG possible to touch the support again before break the resistance zone in 1D time frame.
Symmetrical triangle in forming and breaking its’ resistance may result in touch $3 again?
🥳@Coach
💬 Trading Tip of The Day 👇
A Rising Market Benefits Almost Everyone, But Only Temporarily;
It Eventually Exposes Those Who Aren't Prepared For Pullbacks Or Bear Markets.
@Coach 🥳
Symmetrical triangle forming in #RVN and possible to reach$0.038 level if breaks this resistance.
DYOR
🥳@Coach
#Binance will delist #OMG, #WAVES, #WNXM, and #XEM on June 17, 2024.
More details here ⤵️
https://www.binance.com/en/support/announcement/binance-will-delist-omg-waves-wnxm-xem-on-2024-06-17-f65faeeefe07417a8b6dd2900ba8da7e
@Coach 🥳
#MANA forming symmetrical triangle. And also spotted a major resistance zone as well.
If breaks these two resistances, we can possibly expect a pump.
DYOR
🥳@Coach
LATEST FACT: 🇺🇸 US Spot Bitcoin ETFs Now Hold More Than 5% of the Total Bitcoin Supply.
🥳@Coach
🚨 BREAKING NEWS 🚨
$NVDA reaches all-time high, crosses $3 trillion market cap for first time 💵🔼
@Coach 🥳
Late entries are not recommended, all trades posted early on @Coach Private Club
More Details 👈
DM @CCC_Verify
#NFP falling wedge spotted in 1D time frame. Currently at the fibonacci golden zone.
Pump can be expected if breaks the resistance.
DYOR
🥳@Coach
#BSV forming a falling wedge. Possible to reach $100 mark again if breaks this pattern.
Keep an eye on this.
🥳@Coach
Understanding the Head and Shoulders Chart Pattern:
- Formation: Consists of two smaller peaks (shoulders) on either side of a higher peak (head).
- Breakout Confirmation: Occurs when the price breaks the neckline after forming the second shoulder, signaling a potential trend reversal upward 🔼
- Target: The move's potential height can be estimated from the head's height added to the breakout point.🎯💵
This pattern is a classic reversal indicator, great for identifying entry points🔼✔️
Coach 🥳
#ROSE forming a bull flag and touched 0.382 fib level again. Waiting for the breakout.
Keep an eye on this setup.
🥳@Coach
#ATOM forming a symmetrical triangle and yet to break out to either side.
Bounce back from support can be expected.However, better to wait until it gives a breakout to an either side.
🥳@Coach