Following closely on the heels of a Flag breakout, BTCUSD is ripe for another Penant Breakout. BTCUSD (Daily) Flag Breakout 1 Target 61170 (Done) Pennant Breakout 2 Active above 64000 (Closing) Target 71570 (Short Term) SL 60500
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price trades near support level, but later it declined to support area, where BNb entered to pennant. Then price made strong upward impulse from support line of pennant to $387 points, thereby breaking $350 level. BNB made little correction and then...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago started to trades in the range, where it at once declined to the buyer zone, which coincided with the 51300 support level, but soon it rebounded back. Later BTC reached the top part of the range and then turned around and in a short time...
The 4-hour chart for AMD shows an interesting development with a potential breakout from a bullish pennant pattern. Based on technical analysis, if this breakout is confirmed, it could theoretically indicate a move beyond $226. Updated.
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...
Following up on the Flag theme I am wondering if this is a "Pennant" which would take us up to the "Flag" absolute target and make a new 'All Time High'?
If this pennant plays out to the upside then 70k here we go
I mean, hopefully. You can see my prior analysis results for AMEX:UUUU here.
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 A not long time ago price made upward impulse from support area to $0.8885 points, breaking $0.8770 and $0.8835 levels. After this, price started to trades in pennant, where it soon bounced from resistance line and declined below $0.8835 level. Next, CHF some...
ARB forming a bullish pattern here. ●ARB forming a Bullish Pennant pattern. ●Successful breakout of the pennant and retest would take ARB up for $3 easily. ●Also the bounce from the Daily FVG is a plus point here.
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 🌊👀
Decision time for BIG. I'm long, so I'm bias. We've been drifting lower for a couple of weeks now on lower volume absence of any news. We'll know in the coming days where we stand. GLTA!
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...
The UNI/USD 4-hour chart shows an interesting development with a potential resemblance to a bullish pennant pattern. Based on technical analysis, if this pattern is confirmed, it could theoretically indicate a move beyond $16. However, remember that the crypto market is volatile and reaching this target is not guaranteed.
Scenario casting #Avalanche versus #Ethereum as we go forward into 2024 The blast off from the lows has to be respected and is a significant show of strength and shames other blockchains price performance these past few weeks I'm looking at you #Algorand & #HBAR
ETH/BTC flaunting a potential bottom ETH/BTC bounces from the bottom of our box and is attempting to reclaim the 200 week SMA at present, also challenges diagonal overhead resistance. This is a serious congestion zone & one has to wonder...are the lows in? A move above 0.065 would leave us with all three supports (200, long term diagonal and box base. PUKA
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price recently started to trades in the range, where soon price declined to the 0.5070 support level, which coincided with the buyer zone and then continued to rise. But when it reached the top part of the range, XRP turned around and declined lower than the...
Company info: Oscar Health provides a personalized experience for those seeking affordable healthcare. It offers incentives to its customers to stay healthy, including cash rewards. Oscar offers tailored services and a concierge care team designed to help its members find the medical care and services they need. Technicals: It is again forming a flag and looks...