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Bullflagpattern

TSLA's bulls trapThe last bullish move was quite strong, with the price moving above a large consolidation zone from March to April. Now, we have something that looks like a bull flag—the price is crawling slowly down, finding some support near the consolidation POC. This is a very tempting opportunity to enter a LONG position with a potential upside of 15% or more. However, it is likely to fail. Here is why: 1. The price is in a monthly/weekly downtrend. For the monthly downtrend to reverse, we need a trend change at the weekly level. So far, the bulls have NOT even managed to set a higher low on the weekly chart. 2. TSLA is much weaker than the market. While the S&P has been rallying for the last two weeks, TSLA has been declining. 3. TSLA's last earnings report was bad. Although the price rallied for a short period, it doesn't mean that the sentiment has significantly changed. To sum it up, the context is very bearish. I wouldn't seriously consider any LONG positions at this stage. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
NASDAQ:TSLA
by hermes_trisme
1
Campbell's ready to pop!Campbell's looks primed for a pump for a variety of reasons Massive 336 day rounding bottom with rising momentum Golden Cross on daily chart Hit overbought during recovery Staples sector showing recent strength Moving into range where it previously gapped down, potential for sharp rise to top of the range Bullish flag since mid April Long term monthly chart we can shows CPB recovering from the 200 period moving average along a very lengthy uptrend.
CLong
by quickshiftinn
AI/USDT POTENTIAL BULL FLAG FORMATION! NEXT LEG UP SOON!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. AI appears to be forming a bull flag pattern in the 4-hour timeframe. A breakout from this pattern could signal a significant price increase. Once it breaks out from the flag, we can expect a good 40-50% upside move. Accumulate in the green zone. Possible Entry & Targets: Entry: Current Market Price (CMP) and potentially add more up to $0.97 Potential Targets: $1.07, $1.18, $1.34, $1.52 Stop-loss: $0.92 (Consider setting a stop-loss based on your risk tolerance strategy). Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested. Let's Discuss What are your thoughts on AI's current price action? Do you see a bull flag pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Probably just a BIG Bull-Flag on BTCUSD, let's seeBTCUSD Bull-Flag to me, what do we think? Valid?? This is my first post for an ongoing AI project with self learning capabilities to predict the next future leap! 1D Long warning shot fired last Friday the 17th 2h Long just Fired today @ 1205pm (this remains valid above $67,922) Only strange thing I find is BTCs move to the upside while Bond Yields and Dollar is also correcting to the upside. They usually move complete opposites. Let's see how this unfolds, great day ((:
BITSTAMP:BTCUSDLong
by IAMGG33
SMCI LONGBullish Context: Monthly uptrend, weekly uptrend Price Position: Near last month low Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in case of pullback bulls must protect last daily low (881) Disclaimer I don't give trading or investing advice, just sharing my thoughts.
NASDAQ:SMCILong
by hermes_trisme
1
SOLUSD Neutral Outlook CRYPTOCAP:SOL is at a unique point in its recent breakout. As you can see with the blue lines we broke out of a bull flag recently. This move has since shown higher lows and higher highs being put in. The yellow line is the current uptrend and unless it is invalidated this may be a good entry for the bulls. Otherwise the bears can look for their opportunity when the yellow trend line is broken and we push lower. As always manage your risk and ask questions!!
COINBASE:SOLUSD
by Mustangsvt281
Altmarket Total2 weekly log chart about to have a golden crossShown here is the channel/bullflag and the cup and handle the weekly total2 log chart’s price action has ben forming. It is now forming the handle portion of the cup and handle ad we can see we are about to experience a golden cross of the weekly 50(orange) and 200(blue) MAs in the next couple weeks or so. If the weekly 50ma can hold support then odds are good this thing can break up from its cup and handle and flag maybe by august or september. Possibly sooner possibly later but for now the breakout point of this handle and flag must remain speculative until we see a validation of a breakout. I roughly estimated a width for the handle by factoring in the weekly 50ma being able to hold support. If the weekly 50ma lost support I would then look for the monthly 50ma(not shown here ) to be the ultimate support. Some exciting targets here for the total2 alt coin market once these patterns validate their breakout. The cup and handle certainly seems like an attainable breakout target for the current bull cycle. The entire flag target seems like it could maybe potentially take 2 bull racket cycles to reach, however, If the 17 trillion target on the regular total cryptocap chart can be reached this current bull market. It’s possible that the high target on this chart could be reached this cycle too…this would likely only be if a currency like XRP, solana,link or possibly a mixture of them all suddenly took a lions share of the total market cap away from bitcoin..which seems unlikely…but if for some reason xrp was given for regulatory clarity once the sec ripple case was resolved, there is a chance all the financial institutions could start piling into it with as much ferocity as they currently have been doing with bitcoin….if so, the upper breakout target on this total2 chart could then be completely attainable in the current bull run. For now though I’m only setting my sights on the c&h target for total2. Will update the c&h target more precisely once a breakout point is established. *not financial advice*
CRYPTOCAP:TOTAL2
by DrDovetail
Stellar XLM The biggest Moon 14.00 +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 government in regards to compliance and regulation. In price action terms XLM is considered dead because it’s brewing up ready to blow off. Don’t be deterred nor discouraged. I believe we are in a super cycle. If the pole breaks upwards and you held, though you may have traded the last bull run. You have to hold XLM’s bottoms on the pennant/flag. The highest hopium is the highest risk. If it pays off, you’re rich.
COINBASE:XLMUSDLong
by Samabby
1
PLUG - flagging at rest for continuation LONGPLUG on the 120 minute chart is resting on its trend up. Earnings are about 4 weeks ahead. The uptrend has been solid. Two bull flag patterns are noted along the way. They follow pops on the Relative Trend Index indicator also showing bullish buying volatility on the Relative Volatility indicator. I see the rest ( consolidation) as a good point to add into my ongoing long position for PLUG which recently got an upgrade and higher target by more than one analyst. For a basic and simple trade, take the 3rd upper VWAP band at 6.35 as the target the mean VWAP at 4 as the stop loss for a basic3:! R:r trade. For something better zoom into a 15-30 minute time frame reset the anchored VWAP and fine tune.
NASDAQ:PLUGLong
by AwesomeAvani
1
Doge Pay Day Possible Flag Forming on 15m towards top trendlineThe Flag is kind of sloppy but it can be blamed on BTC and market movements just an idea here because if you measure how much the flag gives you it brings us exactly to the upper trendline for another possible 3rd touch and possible breakout again or of course rejection You can see my other Doge Chart below where I called the breakout perfectly reaching 100% of the target originating from invesrse H&S I do stress caution and to take profits along the way as doge has been swinging around on dips from bitcoin
Long
by dogdaddevan