Cardano looking for potential bullish breakout As the crypto market gets higher and higher Cardano has been settling low for the last few days. The pattern is growing slowly and the coin has potential upward breakout flag incoming.
Bullflags
Potential Bull Flag on Quant (QNT)Potential bull flag on QNT. Measured move is the length of the flag pole which gives a target of the previous high. Price has found support on both the long term trend as well as the centre line of the descending channel. A break above the point of control (red line) will signal a bullish breakout of the pattern. Just an idea. Let me know what you think :)
UPDATE: dydx has performed a bullish flag to $40 🚀Dydx has performed a bullish flag to $40.
DYDX is the developer of a leading non-custodial decentralized exchange on a mission to build open, secure, and powerful financial products.
BTC/USD FORMING A BULL FLAG ON MONTHLY CHARTTake a look on what I found it technically. Combine with on-chain data, we could see 70% probability this bull flag on monthly chart is possible. Stochastic Indicator has just crossed up also.
Maybe we have to go through one more correlation before the real bull coming back.
My next bull-run target for BTC is $104,000
This is not financial advise. DYOR.
AMD above $111 is keyAMD broke out of the bull flag that it formed after the major cup & handle breakout after earnings. I look forward to the following price targets as long as it stays above $111.
PT 1: $114
PT 2: $118
PT 3: $122
Buy the new $53000 BTC floor before breakoutNotes:
Green horizontal lines are support, circled is the incoming true golden cross (100 and 200 daily moving averages- a very strong buy signal).
Here we can see that in the last 2 weeks Bitcoin has had a fantastic run up from support at around $41,000. This is as per my last post where I suggested calm heads were in order and to forget the fear of going to 20k after the big sell off, but instead buy the dip.
I hope you managed to do that. We should always remember the simple rule of trading buy at support sell at resistance and ignore emotions. Things got very emotional and fear was at its highest always a great sign to buy as well.
Things have got a little more complicated now. If we look closely though, we can see that Bitcoin is in a new parallel upwards channel which is validated by the rising volume throughout the past 7-10 days. Also we are currently within a bull flag , with the flag element sitting right above the old daily high of $53,000. Volume has slowed right down which is normal before a breakout higher which I think is going to be attempted. This old daily high is now acting as the new floor support for bitcoin. As with all breakouts, experienced traders buy before breakouts and not after (to minimise risk) and as we are close to $53k its a good time to buy now. We have plenty of room to move up to around $60,000 at the top of the channel. Yes we could fakeout and come down again but thats why its a good time to buy now around support rather than attempt to short the breakout or buy after the breakout with a wider stop loss.
I do expect its more likely we will see some sort of retrace back down to the $53,000 support but as long as price remains above the middle line in the upwards channel (known as the control line), the upwards trend remains intact and we should continue to move to ATH by end of October. I would rather hedge my bets now and add here while I'm definitely buying at support. I still expect $78,000 within a few weeks after the end of October. All in all this price now before the bull flag breakout is a good place to add to longs imo.
FTM/BTC Bull FlagFTM is forming a bull flag against the BTC pairing. We are anticipating a higher low to be printed in our indicator system.
FTM Inside a Bull Flag! Another Round?Bulls had to take some rest after massive buying of FTM, but since we've made a local top on FTM the bulls never let bears win!
The price of FTM is still conslidating under a BULL Flag and just to let you guys know, I've marked a previous Bull Flag that we formed before a massive rally.
If BULLS hold this flag and don't let Bears break down of this flag we might see another massive run-up for FTM.
Keep eyes on the bullish flag and major support and resistance areas are marked on the chart.
If Bitcoin holds here and market let FTM do something it'll be a good long!
We need some volume to break to the upside and if the price break to the upside of this bull flag with volume and if the price goes into price discovery the target will be huge for FTM.
Thank You and Good Luck.
Make sure to give a like and follow if you liked this idea :-)
$DNN level up in the bullflag$DNN churning around the flag. Now level-up to the top compartment of the yellow box heading for blue!
ONE/USDT - 1H Binance - Long potential with DCA retrace markers$ONE looking strong. Previous breakout measured moves still available, targeting the $0.27-$0.32 range. BTC needs to continue behaving though.
Dotted white horizontal rays mark some potential DCA long opportunities, should we get a stronger retrace.
Leveraging carefully - If we head back down into the white channel ("flag"), things could get a little heavy.
Come on the ONE.
BTC/USDT LTF UPDATE! READY TO GO 60K!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick update on BTC. Currently, BTC is trading at $55k. Right now BTC is consolidating inside the bull flag-like structure. When we break out from this bullish flag then BTC can easily reach $60k.
Last time when BTC broke out from the same kind of bull flag-like structure then price pumped from $50k to $55k. So I'm expecting the same scenario now.
However, there is strong support at $53,500 which must hold to play this scenario. If we break down the $53,500 level then this chart becomes invalid.
Do you also think BTC can reach $60k from here?
If you like this idea then do appreciate it with like and follow.
It motivates me to work more and more.
Also, share your views in the comment section.
Thank You!
$GOLD Mechanics of a #bullflag - ow you see what I see? $GOLD with the progression of the vectors/gradients through the bullflg.
TEXTBOOK ! BOOM!
$SUSHI 🍣 train is a freighter!Beautiful textbook bullflag rotating around the channels...
Plenty of RSI in the bank, dragging the channel around and pointing her back north. Let's see. Tsill room for a flash drop but looking good in MT.
ADA USDT - uptrend continuationAfter a brief retraction, the ADA chart formed a bull flag which most likely will continue the uptrend phase.
Therefore, I would recommend entering a long position when the price breaks the bull flag.
Profit levels:
Target 1 - 2.44$
Target 2 - 2.58$
Target 3 - 2.79$
Target 4 - 2.96$
Weekly Hidden Bullish Divergence Within Bull Flag on HSICI will be buying calls here and targeting the 1.618 retrace as a bullish target.
Gold to breakoutGold has formed a Bull Flag and should breakout above the HMA at 1769. My target is 1820.
Inflation is real and not "transitory".
$BTC I remain bearish. wehassup here? ANother consolidation adn pujkke ? Or forming a bullflag there? Let's see.
🔥 C98 Bull Flag Break OutAfter a huge run-up in August, C98's trend has been dominantly bearish. However, with the current market making a massive upside move, C98 is looking like a proper investment again.
As of earlier this morning, C98 has finally broken out of the bearish channel, creating a bull flag pattern.
For this break out, the main targets are $4.4 and $5, both based at recent local tops.
Happy trading!
SOL/USD: Heading Back up to $200 Bull Flag BreakoutWe bounce off the Fibonacci golden pocket perfectly. After bleeding through September, I can definitely see us pumping back up to $200 and perhaps beyond. I'm long here.
Leave your thoughts below :)
Bull Flag Trading on UNIUSD #BTC #UNIThe bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend.
In this scenario we have a Bull Flag as well as a Symmetrical triangle in which in a uptrend momentum as we see a huge spike in volume forming the Flag Pole, this pattern has a 67% probability of succeeding to the upside.
Entry Possibilities for a Bull Flag are:
At the Bottom of the Flag
At the Breakout of the Flag
Take Profit i always like to take at 50% of the measure move and at the 90%. This is a momentum pattern and more often than not, at the measured move, price will likely retrace a good amount.
Please support our work with like & comment!
#BTC #CRYPTO #BULLFLAG #BEARFLAG #TRADINGIDEA
BMN the onlhy way is up!!! Ba ba baaaby! FOr you annd me now!see the bullflags with their gradients here. The resistance lines are clear. Backtesting, and up we go again tomorrow, as long as U SPROTT keep sit together - drew tha elsewhere.
Bullflag to bullflag to bullflag. Then bounc off hot pink and spin a handle
BTC - PennantPrice is compressing, on look-out for a triangle. Resistance is at the Bear Flag Break 1.272. The 50 SMA would be next test in a move-up.
AMD ready to go.. againAMD Setting up with a big flag on the daily with an inside daily bar. A break to the upside on the bar could break the flag to the upside as well.
