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Bearish Flag

BTC: BEAR FLAG! DUMP AHEAD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is pumped very well in the last few days. It touched the $19k level. Now, what's the possible scenario from here? Let's discuss it in this analysis. As you see in the chart, BTC is forming a bear flag in the daily time frame and currently, at the upper trendline of the flag. I'm expecting a rejection from here. $19k is a crucial resistance level for BTC. If we get a weekly close above $19k then this flag will be invalidated and then we might see another rally up to the $22k level. But as long as BTC is inside this flag, I'm expecting a dump from here. What do you think about this? Let me know in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
18
DOTUSDT $8.5 is a worthHi traders, I'm showing to you a more comprehensive daily chart after a weekly from yesterday w/ the Fisher Transform oscillator to approach one more undoubtable signal in confluence to the price action monitorized by the downtrend condition below 20 Volume Weighted Moving Average plus Fibonacci Retracement hidden strategy which uses the 14.6% golden ration subdivision level to a highly assertive target. 8.4USD is a worth and, during that trend volatility, a lot of desinformation will came with a potential dopamine explosion along propaganda content from YouTubers exchangers' employed guys. There's not pure predicting here but a highly concise technical analysis based on strong confluences correlating price and volume in a educative form - don't means that I predicted the future. And I'm not an identitarian fanboy, so I don't care about sentimentals.
Short
by firmestudio
7
NIO: The Most Important Support is Here! 👇• NIO is still in a long-term bear trend, however, it is doing an important reaction this week; • It is confirming a bottom sign, just above the support at $9.40 (Support in Oct 2022, and Gap from Jul 2020); • Only if it loses the $9.40 I see NIO seeking the purple line below the price, maybe even the $5.70 (Jan 2020 top level); • However, the recent reaction might jeopardize a bearish sentiment, at least for now. It all depends on how it’ll react in the daily chart: • Yes, NIO triggered a Bearish Flag, and as far as I know, it is just doing a pullback to the lower purple line again, before another drop; • If NIO enters the Flag area again, and does a clear bullish structure, it’ll most likely frustrate this bearish pattern, and seek the next resistance in the weekly chart, which could be either the 21 ema or the upper trend line; • Either way, NIO looks promising. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NYSE:NIO
by Nathan_The_Finance_Hydra
2
Bearish Flag on USD/JPY @ D1This bearish flag pattern has formed on the daily USD/JPY chart as a part of a wider long-term downtrend. The pole and the flag borders are shown with the yellow lines. The stop-loss level (the red line at 133.126) is set to the highest point of the flag area. The take-profit level (the green line at 126.221) is set to the pole's length subtracted from the stop-loss level. I will open this position only if the currency pair closes significantly below the flag's lower border.
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by AndriyMoraru
2
$RBLX - Continuation of Stage 4?Dear all, In a weak market, I look for stage 4 breakouts and continuation pattersn (based on the famous Stan Weinstein). I try to look for bear flags that fall together with downsloping 50 day sma (or at least very close, a few %s). Roblox had a gap down 15dec on big volume, price is now trying to fill the gap. While it is trying to fill the gap it is forming a potential bearish flag. If the gap is filled, price would coincide with the decling 50dma, AVWAP from recent high and the downtrending resistance line (since august). When this point is reached (and only when), and price is resisted at the 50dma or breaks the flag, this could be a good entry for buyings some puts (3 months out). Possible stoploss could be the long term downtrending resistance line or 50dma. Things to consider for a stage 4: - weak overall market :check - declining 30 week Ma :check - declining 10 week Ma :check - 10 w underneath 30w :check - Loss of trendline :TBA Extra reasons for stage 4 decline: - Big volume on down days - Gap downs - Resistance of AVWAP of important dates
NYSE:RBLXShort
by UnknownUnicorn7024067
UPS- Continuation of stage 4 decline?Dear all, In a weak market, I look for stage 4 breakouts and continuation pattersn (based on the famous Stan Weinstein). I try to look for bear flags that fall together with downsloping 50 day sma (or at least very close, a few %s). This is the case for UPS. After a last few good months for UPS, a possible bear flag is forming that coincides with a support/resisistance level and a downsloping 50d sma. The AVWAP of the latest High and Low are also above the current price, giving extra pressure for a downturn (since the sellers are in control). Things to consider for a stage 4: - declining 30 week Ma :check - declining 10 week Ma :check - 10 w underneath 30w :check - Loss of trendline :TBA I will open some puts (3 months out) when the price breaks $173.3 or the striped support line. Possible stop loss could be the 50d SMA or the AVWAP of the low.
NYSE:UPSShort
by UnknownUnicorn7024067
BankNifty Preditiction Tomorrow 5th January 2023 | Expiry DayHey Guys, Hope you have seen my yesterday video and im sure you must have made a good profit today. Everybody was buying CE but i was waiting for the move since last Friday and finally i made some very good profit out of this bear run. Do see the important support and resistance level marked in the chart. Note : This video is only for the education/ trend analysis purpose. Use your investment wisely and speak to your financial advisor. Thanks
NSE:BANKNIFTYShort
by TradeTechanalysis
2
NIO: Triggered our Bearish Flag! 🐻 What to expect next?• NIO triggered our Bearish Flag chart pattern, indicating a continuation of the bearish sentiment; • We studied this scenario in our previous public analysis on NIO – link below this post; • In the daily chart, the 21 ema is working as a resistance, and it is pointing down, which reinforces the idea of a bearish sentiment; • What’s the next technical support level for NIO? The purple trend line in the weekly chart. Below that point, the $5.70; • Could NIO react from here? Yes, and if it is about to react, the timing couldn’t be better. NIO is near the weekly support at $9.40 (black line, weekly chart), and any bottom sign would indicate a possible bounce to the 21 ema again. However, there's not a single bullish sign on NIO yet; • I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NYSE:NIO
by Nathan_The_Finance_Hydra
4
ETH IS AT RESISTANCE! EXPECTING A REJECTION FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is forming a bear flag in 4hr, which is generally a bearish pattern. It is currently, near the upper boundary of the flag. I am expecting a rejection from here. After the rejection, we have two supports one is at around the $1220 level and another one is at the $1190. Breaks and close below $1190 will be bad for the overall market and we might see a massive dump. Invalidation:- If any 4hr candle breaks and closes above the flag's upper boundary ($1250), then this bearish scenario will invalidate. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Short
by CoreCrypto1
11
Ethereum Confirming the Bearish Breakdown to $168.81Last week i posted about this Potential BAMM and Bear Flag Breakdown on ETH that would take us to the 1.618 Fibonacci Extension if real and now this week it looks like we are confirming the BAMM Trigger Line as Resistance as the Hidden Bearish Divergence Continues on the MACD. We have a Bearish Engulfing on the Monthly and just recently closed the Weekly below the POC as well as triggered tthe CAI. I think this gives great reason to believe that ETH will be coming down to lose 88% of it's value meanwhile other coins like XMR, XRP, and LTC will significantly gain in ETH Value.
INDEX:ETHUSDShort
by RizeSenpai
1
ETH NEXT POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is forming a bearish flag pattern in the 4hf time frame and currently, it is testing the middle line of the flag. I'm expecting a rejection from here and the price might go to test the lower line of the flag. Here we have strong support also. After hitting the lower line, we can expect a bounce up to the $1230-$1250 range. I'm setting my long bids at the $1150-$1170 range with the tight SL. Let's see how this goes. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank you!
Long
by CoreCrypto1
6