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Bullfag

Why TLRY Price Action Yesterday Made Me Buy MoreYesterday may have been a more nerve racking time with TLRY after expecting a huge run up for most people, as we expected TLRY to moon. Here is an explanation for the movement from yesterday. Starting out with the first 15 min of the day, we hit our first target of 22.05 which was a big resistance level according to the volume profile. After fighting to continue upward, TLRY responds with heading down to 19.10 to fill the gap from premarket. This movement from TLRY then caused somewhat of a panic to its holders due to a three-point drop, which ended with forming a flag until after hours. This is the best set up we could have gotten for continuation. Relative Volume was up 3.60.. 84 mil volume yesterday, 25 mil volume on average. We have filled the gap with volume coming in. The ideal play for today is to shoot past the 22 resistance level and head for the next target at 24.42 Hold strong and have patience!
NASDAQ:TLRYLong
by VaultTrading
Bullflag 6 hour FET/BTC #FET #FetchAI $FETHere we see our FET 6 hour chart . And it's in a clear uptrend . We've stayed above 1000 sats since hitting that 700 area few weeks ago .I said at the time I thought that pullback to 700 area was the completion of our Handle from that Bullish Cup and Handle pattern,and I still think so ( target of that was 2890 which I still think will happen but first we must retake the 1550 area and break above it . ) You see that purple arrow on the chart ? That points at what appears to be a Bull Flag on the 6 hour timeframe . In between those pink lines. It's a bullish pattern that happens after an uptrend and says we should be seeing more uptrend soon .Also notice we are about to have a Golden Cross on our 50 MA (light blue line ) and our 200 MA ( drk blue line .) That light blue line going up and through the dark blue line is a Golden Cross and it is also Bullish . So to sum up we have 2 bullish patterns happening on this chart and I definitely expect upside though I can't say when , but it seems it will happen soon. I'll link my previous FET charts below but we should see a break towards the 1550 area again sometime soon .
by shimmeringpath
8
NEOUSDT is testing weekly resistance inside a bull flag 🦐NEOUSDT is testing weekly resistance inside a bull flag, if the price will have a breakout and flip the weekly resistance into new support , According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
GBPAUD is inside a bullflag 🦐GBPAUD is inside a bullflag and the price is createing a nice inverse head and shoulder. IF the price will break the flag , According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
6
Bullish Flag or Descending Triangle?Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle. The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants. This also looks like a descending triangle. Time will tell per usual.
KRAKEN:ETHUSDLong
by ScotianBot
Cardano in a new bullflag for breakout? [10-15%] Healty market! Hi guys, i am here with an another analyis of ADA. This is only my opinion about Cardano. Please do your own research. ADA is maybe forming a bullflag again. This market of ada is really healty because the small retraceces and not a big green pump. I really think this can repeat more times but the area's going to be larger and lager for the next resistance. For now i am shorting the bullflag on bitmex. Entry: Around 0.00001600 Stoploss: Around 0.00001575 (Set it by yourself) If we break throug 0.00001700 and consilidate on that level that is also bullish. Sorry for maybe bad english. I am 16. Goodluck everyone! Please comment!
Long
by Mikki0416