As the title suggests, a nice bull flag forming on SPY. I am generally skeptical with pennants, as they generally like to invalidate and inverse their breakouts. None the less- we will get a $2.75 move on SPY between today and tomorrow.
BTC is moving in this bullish wedge/bull flag. A breakout would bring it up to 70-75k.
Testing the 1.236 of the active study boundary. Watching for divergences on any new highs.
Monthly blue curves looks to show long term trend. Potential bull flag playing out with the measured move of the pole left to go. FIB extension 1.618 also meets the pole's measured move. Further confluence with the top white trend line also meeting the pole's measured move. Pole's measured move also sits within the blue curve trend line. Time will tell.
Bull flag pattern usually happens when the stock is in a strong uptrend. Scientx has break the trendline on 18.10.2021. Hence, uptrend most likely will resume after this breakout. Disclaimer: This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
AMD broke out of the bull flag that it formed after the major cup & handle breakout after earnings. I look forward to the following price targets as long as it stays above $111. PT 1: $114 PT 2: $118 PT 3: $122
Notes: Green horizontal lines are support, circled is the incoming true golden cross (100 and 200 daily moving averages- a very strong buy signal). Here we can see that in the last 2 weeks Bitcoin has had a fantastic run up from support at around $41,000. This is as per my last post where I suggested calm heads were in order and to forget the fear of going to...
DENTUSDT is also looking like it wants to ripp with this giant bullflag pattern, as long as bitcoin don't do any funky business. Will take profit at the top of the green box, and keep a moonbag :)
1inch has created a bull flag wait for the breakout and then enter it can pump huge
ETHBTC has broken out of its bull flag pattern and is heading upward toward 0.11 which represents the height/distance of its bull flag pole. This point is also close to the 1.618 extension of the pole. The mid-May highpoint is the 2.618 extension of the early 2021 ETHBTC upward push. Conclusion: ETH is expected to outperform BTC over the upcoming months.
Bullflag Weekly breakout and the 3Day taking profit at the 38 FIBB ($9.94) VOL is low, might take time.
Entry = 0.011 Target = 0.017 Aggressive Target = 0.020 Stop Loss = 0.009
All Hail The Satan Corn! The Lord of Technical Misery! Presenting the brutal Bitcoin bull flag of 2021 with brutally suicidal fakeouts and shakeouts.
Clear massive bull flag breakout has occurred on the 6-hourly chart (and others). The flag goes back to about 4 months ago now. Very strong sign for THETA/ BTC pair for the next few months. Closing a 6-hour candle strongly above 27,700 sats with high demand will certainly launch a large upthrust. Green squiggle would be a super healthy bullish return to test...
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. For a broader view, check out this weekly time frame chart - The above analysis is purely for educational purpose. Traders must do...
Wish is forming an classical bullflag. I would expect an breakout after reeaching the APEX. Check chart above.
AMC does appear to be breaking out of a Bull Flag. However, the momentum behind it will determine if it truly is a break to new highs. Going to pay close attention to the $72 high to see if we bounce off it, or break through it. Be aware of a Pennant Flag formation. Too many failed attempts to break through $72 and the price will collapse.
Entry > 1.2169 Stop: 1.2154 T1: 1.2210 T2: 1.2300