#wedge pattern

How to read a wedge, a T square and a hammer from a vital point of view? A new article in G Sites complements Feared patterns in Astrology.

✨ Dynamics in astrological patterns ✨

Eleven-month price action in Cardano coin indicates the ongoing trend in the technical chart is sideways. Amid this lateral movement, the prices project a short-term downtrend, evident by a downsloping trendline. On July 14th, the ADA price faced its latest reversal from the resistance trendline which led to a 22% drop and reached the current The post Here’s Why Cardano Price Could See 12%…

XRP Price Prediction: Decoupling from the broader market sentiment of uncertainty, the XRP price has shown sustained recovery for nearly a month. From the last swing low of $0.415, the coin price surged nearly 30% to reach the current price of $0.53. If the bullish momentum persists the buyers will challenge the multi-month resistance of The post XRP Price Prediction: Will the $XRP Price Surpass…

Amid the last three weeks’ consolidation, the LUNC price formed a descending triangle pattern in the 4-hour time frame. Though this pattern commonly accelerates the supply pressure in an asset, in rare cases, the buyers express higher dominance with the breakout out of its resistance trendline. Thus, with an 8% price jump today, the LUNC The post Multiple Resistances Prevent $LUNC Price Rally to…

On June 2nd, the Ethereum price formed a bullish morning star candle at the recently breached resistance trendline, indicating that the buyers are sustaining at higher chart levels. The trendline which previously acted as a dynamic resistance now offers suitable support suggesting the market sentiment shifting from selling on rallies to buying on dips. Can The post Ethereum Price Eyes $2500 As…

Ethereum Price Analysis: On May 28th, a significant uptick in the crypto market allowed the Ethereum price to clear the downsloping resistance trendline of the wedge pattern. This development was a sign of buyers’ attempt to retake trend control and lead a sustained recovery. However, the price is struggling to sustain above the breached trendline The post Ethereum Price Analysis: Bull Trap Puts…

Terra Classic Price Analysis: Decoupling with the recent uptick in the crypto market, the LUNC price continues to stay in a dormant phase. This flatlined coin price resonated between the $0.000094 and $0.000082 mark over the past two weeks, indicating a narrow range formation. Thus, an either-side breakout from this range is needed to push The post Terra Classic Price Analysis: $LUNC Price…

SOL Price Prediction: Throughout its five weeks correction period, the Solana price has remained strictly within two falling converging trendlines revealing the formation of a wedge pattern. While the crypto market continues to suffer in uncertainty, the SOL price holds onto the chart pattern indicating a genuine setup that could influence the altcoin’s near future The post Solana Price…