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Bullflagincoming

ICP/USDT Bull Flag Breakout is Loading....The chart highlights a classic Bull Flag pattern, which signifies a potential continuation of the upward trend. At present, the price is consolidating within the confines of the flag, indicating a phase of market indecision as it builds momentum for a breakout. Key Observations 1. The Bull Flag structure remains well-defined, with the price oscillating inside a descending channel. 2. Support is evident along the lower boundary around the $11.5 mark, offering a logical entry point for buyers. 3. A decisive breakout above the upper boundary of the flag would confirm the bullish outlook and could trigger a strong upward surge. 4. The projected target for this move lies above $14, aligning with significant resistance levels observed previously. Strategic Implications Patience and vigilance are crucial. Focus on identifying a breakout above the upper boundary, ideally accompanied by increased trading volume to affirm the move. In the event of a retest near the $11-$11.5 support zone, it could provide a favorable opportunity for initiating long positions. Be mindful of potential false breakouts and use risk management strategies, such as setting appropriate stop-loss levels, to protect your capital.
Long
by wsaetos
2
ZECUSDT is creating a bullflagZECUSDT had a breakout after an accumulation period, but was subsequently rejected by the daily resistance level. The rejection from the resistance level may be indicative of strong selling pressure or a lack of demand for the cryptocurrency at current prices. However, the price of ZECUSDT is currently creating a bull flag pattern. A bull flag is a technical chart pattern that occurs when the price of an asset experiences a sharp upward movement, followed by a period of consolidation with a slight downward trend. This pattern often signals that the price is poised for another upward movement, and may indicate strong demand for the asset. In order for the price of ZECUSDT to continue its upward trend, it will need to create a breakout from the bull flag pattern as well as the daily resistance level. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
10
LUNAUSDT is testing the 80$The price had a breakout from the descending channel from the daily timeframe and now the market is testing the 80$ as new resistance. On the 4h timeframe the price is creating a W pattern and we could see a retest of its neckline around 0.5 - 0.618 Fibonacci level before the new bullish impulse. How to approach? We are monitoring the price, if the market is going to have a clear breakout from the 80$ resistance and flip into new support, we can apply our rules for a new long position. If the price is going to have a retracement until 0.5 - 0.618 Fibonacci level, we can wait for a bounce a look for a new long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
4
YFIUSDT is ready for breakout from the bull flag 🦐YFIUSDT is testing the daily support. If the price will have a breakout from 4h resistance and flip 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
16
ADA/BTC w/Bull Flag appears ready for liftoffADA/BTC is looking very bullish again w/bullflag pattern, looks like it is going to continue it's upward movement anytime. It looks good to go on longer time frames as well, IMO obviously. Let me know your thoughts. I appreciate any input for or against. Thanks in advance This isn't financial advise, I'm not a professional TA by any means, we all need to do our own research and come to our own conclusions. Good luck! Chart has the following indicators/strategies: the Ichimoku Cloud, RSI and Moving Average (light blue line). Also, if you agree with the above and decide to invest in ADA or really any of the ALT coins, I would highly recommend to keep an eye on BTC, because as we all know, when BTC moves quickly/aggressively it drastically effects the ALTS!
by lwoods33