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
Seeing a nice bounce on the lower end of the flag. Target of this leg up is 1.075. (or perhaps 1.0480 when it's taking longer to complete) Will update this idea further when the pennant is forming and eventually breaking out.
Previous Trade Trading Setup: A Trading Signal is seen in the FLOKIUSDT FLOKI (1h) (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 0.00020805 ⭕️SL @ 0.000241 🔵TP1 @ 0.000129 🔵TP2 @ 0.0000925 🔵TP3 @ 0.0000590 What are these signals based on? Pattern Trading Classical Technical Analysis Price Action Candlesticks ...
Hi folks today I'm prepared for you Gold analytics. A few times ago price declined to the support zone, after which it at once rebounded up, thereby making a fake breakout of support 2. Then XAU some time traded near this level, after which it repeated movement down, below support 2 and in a short time backed up and started to grow. Later Gold entered to pennant,...
On the above 2-day chart price action has corrected over 60% since the 200% move in September (idea attached). A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action backtest on past resistance confirms support. 3) Volume. Money Flow resistance breakout. I don’t know why, but more...
I'm seeing a pennant pattern with a refined resistance level and short term rising trend line. I'm expecting a breakout sooner or later backed by positive analyst expectations. Target just below $700.
It is retesting its support and a monir fall can trigger liquidity after which we can see a pump above 1.2 entry should now market price 1.1058
After the multi-month cup & handle (inherited from btcusd), upside breakout. A bull flag over the last 6 months had formed, and finally broken out this week. Expect continuation of this bullish pattern throughout 2024 leading into the 2025 bull run. Despite the lack of decentralization & costs for running a node, solana is the #1 blockchain by many metrics. Users...
NRDY, now at 2.95, on Mar-01-2024 : As per ongoing pattern , this can take support at 2.5 and target price in an year looks like 5.4 Should exit below 2.3 Suppose this takes a flat pattern, then this might not fall till 1.6 and reverse.So be ready for this also and plan for fund allocation and weightage allocation. FYI, i have invested little in this and will...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to flat, where it in a short time reached $2055 level, which coincided with top part of flat. After this, Gold at once bounced and declined to bottom part of flat, where later XAU turned around and started to grow. In a short time...