Hello traders, I want share with you my opinion about Bitcoin. A not long time ago price rebounded from the support level, which coincided with the support area, and in a short time rose to 69000 points, after which turned around and made a strong downward impulse to lower the 64800 level, breaking it. After this movement, BTC started to trades in an upward...
Hi. COINEX:ICPUSDT Today, I want to analyze ICP for you in a 3D time frame so that we can have a mid-term view of ICP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Bullish pennant is on the table on 3D timeframe🔍 Looking for a break out and more upside📈 ✅ Due to the Ascending...
Popular EVM compatible coin AVAX BINANCE:AVAXUSDT has been forming a bullish pennant on the 12 hour timeframe. Recently a number of AVAX based meme coins have done well seemingly in response to AVAX coin’s performance. According to data from coin gecko.com, the price of Avax has risen by 37.9% in the last 30 days and is up 228% over the last one year. Still...
Trend - up in all higher time frames. Weekly RSI - Took support at 62 and moving up. Stock has given a bullish penant breakout after consolidating for 5 months - Sep - 2023 to Feb 2024 Retest of the breakout has happened. Now weekly and daily price actions shows the upward momentum. Entry - One may wait for daily previous supply levels - 2015 to be hit and...
Tariq Glass is currently maintaining its support level at 98 for the past week, representing a 38.2% Fibonacci retracement from the 106 level. Additionally, the stock has reached the breakout level of a descending trend line, signaling a robust bullish breakout. Furthermore, it has surged above the EMA50 indicator in the ongoing session. Consideration of long...
On March 15, 24, I am looking to trade NASDAQ:ARM using this symmetrical triangle/bullish pennant pattern. A move up piercing the upper trendline will present a buy signal, with volume confirmation on break out.
SNX - Trading in upward channel / bullish pennant formation ! Interesting swing trade opportunity ...
This bull flag target and then slightly above that is the double bottom breakout target. Price action seems to already climbing up the measured move line of the double bottom breakout so that’s a good sign that a breakout could get validated soon. Could definitely still correct back below the double bottom neckline once or twice first though if the bitcoin...
LINK/USD 2hr chart shows a potential breakout from a wedge pattern with a target of $21. A break above $18.70 can trigger breakout. The LINK/USD 2hr chart shows an interesting development with a potential breakout from a wedge pattern. The price has broken above the resistance trendline and could potentially reach the target of $21 based on the measured move...
The pennant after the price run has broken out and is ready to rise
Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some time ago declined to 515 support level, which coincided with the buyer zone and at once rebounded and started to move up. Soon, the price reached a resistance level, which coincided with the seller zone and broke it, after which BNB rose a little...
Here u can see how the previous cycle DOGE exploded out of a Bullish pennant Which in my mind is a little bit more bullish than the current "Flag" Which suggests there may be less euphoria this time around We can use Doge as a Greed / Sentiment indicator either way :)
Abstract: 🐻 Bitcoin is poised to break from a 4-hour bear pennant pattern, signaling a potential move to the $59200 area. 📈 This analysis explores the implications of this breakout, which aligns with the Shibunacci indicator, offering additional confirmation. 🔄 Introduction: Bitcoin's imminent breakout from a 4-hour bear pennant suggests a shift in market...
Hello traders, I want share with you my opinion about Bitcoin. If we look at the chart, we can see how the price a no long time ago and started to trades in the range, where it rebounded from the resistance level, which coincided with the resistance area, and the bottom part of the range, started to rise to the top part. After BTC reached the top part of the...
Google is currently forming a “Cup and Handle” pattern on the weekly chart and a “Bull Pennant” pattern on the daily chart. I think it’s safe to say Google maybe be picking up some bullish momentum soon…..let’s see how this one plays out!
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price recently traded in the buyer zone, where XAU soon reached the 2040 support level and broke it. After this movement, the price made retest and then started to trades in an upward pennant, where firstly Gold made a strong impulse up to the current 2150 support...
XLM BULL PENANT/FLAG This is just and idea. Why so stagnant? For years after years in regards to new ATH?! Because the pole upwards is coming! XLM has been working and building in the background. Lately with the new Soroban contracts phasing out. XLM is becoming a Real World Assets commodity. The project and foundation has kept an ear to the damn US...
1,2,3 flag for down movement ... is the main pattern forming a continuation pattern or it is ushering a reversal