Im seeing confluence of last bull market cycles potential pennant target(yellow dotted line) and the current bitcoin cycle flag’s measured move line (purple target). Now I’m not suggesting that we will definitely reach this target level on the current bull market, as we have already seen this was a target from the pennant we broke up from during the last bull...
So I started charting this pattern in 2022 it was a falling wedge but on even larger time frames I realized it was not just a falling wedge but a bullish pennant as well. We broke up from this pattern all the way back at the beginning of 2023 and as you can see here on the monthly chart, price action did what it usually does once it breaks up from a large...
BIST:LINK Chainlink printing another beautiful flag after breaking through resistance onto now support. The best part is while this is taking place the x-ray goggles of OBV showing us the growing bullish strength via higher highs and higher lows with bullish divergence behind the scenes. Slowly, and then all at once 🌊👀
just recently posted about the logarithmic wedge which is also a bullish pennant and how it will take us much higher, but also wanted to post a chart with an update of the other wedge we also broke up from back at the beginning of 2023 (shown here in pink). It has now been a little over a year since the breakout of this monthly time frame pattern and like...
It looks like it is validating the break upward, full emasured move target can lead to 180% gains from current price range. Of course always possible it corrects all the way back don to the top trendline of the pennant before reaching the full target. If so that’s simply an opportunity to enter at a zone with even bigger gains potential. It could just as easily...
#EWT A textbook 4 year an Elliot's Wave bull flag about to pop, likely to the moon IMO
NASDAQ:EA has broken out of the flag pattern and has lots of upside. I'm looking for ~160 as a price target.
VET - Trading in Bullish pennant break out ! Explosive move expected ...
🔴 #SUPER Analysis : ❓❓ 🔮There was a formation of Bullish Pennant Pattern in #SUPER and breakout the pattern with good volume. We may see a rise in #SUPER📈📈 🔰 Current Price: $0.9097 🎯 Target Price: $1.1652 and more ⚡️What to do ? 👀Keep an eye on #SUPER price action. We can trade according to the chart and make some profits. Stay tuned for further analysis...
Hi every one ➡️SOL has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which SOL is in, Is a Bullish flag Pattern ! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement ( Flag...
Hi. COINEX:LSKUSDT -has formed a bullish pennant pattern on the 4-hour timeframe. -A breakout above descending resistance could lead to a pump higher🚀 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️Things can change... The markets are always changing and even with all...
Throughout this week, BINANCE:API3USDT had a gain of more than 50% in a span of two days as of this writing. Currently, the coin is moving sideways after a major bullish move and is expected that the price will consolidate and wait for a possible bullish pattern- true enough we saw a bullish pennant. I will update my chart analysis for API3 in the chart on...
ive never understood how ripple fans found the $589 target... now i do. explanation on screen
NEAR is now trading around 3.03$. #NEAR Exactly Pumping up after Breaking out falling wedge pattern. Now the Possible scenario is according to the pattern, we can see more bullish momentum in #NEAR. Stay tuned with us for further updates
tata power showing bullish signs as previous weekly gave bullish close and daily RSI showing convergence strength. according to breakout it can reach 475 target.
Hello trader’s what do you think about gold) FXOPEN:XAUUSD traders are you looking 👀 a fake breakout) 2011 ) gold price retest resistance level 2060) now gold price 2040 this week gold price hit 2100) H4 time 🕰️ frame 🖼️ Entry price 2031) Take profits 2064 Take profits 2081 Take profits 2103 safe trade 🙏❤️💙 pales like 👍🏻 and comments 📝
Bullish pennant, break out, retest, go! I just put it out here to see how this turns out.
#BTC One of the most deceptive patterns is the broadening wedge, which was an iteration of a bull pennant last time. Will history rhyme again...?