ANH recent price action had price going below 12 June 2023 price, this represent a failed weekly cycle signalling that price is ready to decline into a yearly low price. We see price being rejected at the upper resistance. It is important to note that we have a pennant that is near resolution, it can break either way, if to the upside this can give short sellers a...
Eth is currenty making Bearish pennat Pattern as you all know about me that i m still bearish on BTC on Macro level. But I trade BTC,ETH & ALts level by level regardless of beaish senerio as you have seen my previous ideas regarding RUNE SOL APE and many more which i tell you to buy on dip with complete analysis & I also tell you about mini bull run in march .you...
This is 15 minutes chart and we are targeting a TP of 38416.74 aiming the highest of 15 time frame on a pennant chart. This is our short term analysis as when we go to daily time frame we see a strong Billish confirming a continuation of a weekly bullish. By then we are aiming a TP of 40848.00 Please leave your opinion on a comment box
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price a few days ago rebounded from the resistance line, which is located inside the support area, and coincided with the 1985 level to the support level. After this, the price bounced from the 1945 support level and tried to rise, but failed and declined to...
Hi every one EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Pennant 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...
In the next days ETH should break from this bullish pennant. If it can claim and successfully confirm support at 2200$ the price 2500$ should be next.
Here I have USD/CAD on the Daily Chart! Price has been creating Higher Lows into Lower Highs which is outlining a Pennant Pattern! Important factors to mention: The High price created at the First Touch of the Falling Resistance was unable to stay above the Previous Highs made on Oct. 13th '22 and Mar. 10th '23 and seems to be struggling with this Resistance at...
BINANCE:SLPUSDT needs to hold the bullish momentum. Price may reach PWH (Previous Weekly High)
DYDX has emerged as a star player in the crypto charts, showcasing a compelling technical setup that has traders buzzing with excitement. The recent surge in price is not just a random move; it's a result of a clear breakout coupled with a meticulous retest of a significant accumulation zone. Let's dive into why DYDX is currently trading around the $4 mark. Chart...
a no brainer good risk to reward trade bear flag setup bearish divergence its overbought you know the drill happy trading yall
As you can see, the price is in a Bullish flag, but it has not broken yet . 5 rising waves as well as the correction wave(ABC) have been completed and this means that we will have an increase in price SOON. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Here I have GBP/JPY on the 1Hr Chart in what looks to be a Pennant Pattern!! We've had 2 tests of the Falling Resistance and 2 tests of the Rising Support! There is still room for price to play in the "Pinch Point". As of now I have a Bullish Bias on this idea because price was in a Uptrend prior to entering this pattern! Along with GBP showing strength across...
SUSHI did a huge move last week and took a week for correction. Now the bullish flag is broken and SUSHI will have a next leg up, in my opinion. Trade setup is in chart with proposed target and stop-loss. Check also my long-term view for this crypto in the link below.
All 3 wave structure in this bullflag It's a sleeping giant !!!
Canada employment is growing but at a gradual pace compared to labour force and job vacancies. Growth has been revised down by BOC. On the other side, US economy remains strong compared to the rest of the world. First target at around 1.435 and there is a double top at 1.47. Ultimately, it can be triple top on the upside.
The crypto market often takes us on a rollercoaster ride, and it's during moments of similarity that we can draw valuable lessons. The current situation in the crypto space is strikingly reminiscent of August 2023 when Bitcoin (BTC) traded within a range but only made local highs without attempting to revisit the lows. This eventually led to a local dump. Today's...
Looking for a continuation up CAD price falling this week Bullish Pennant