BTC Pullback to $43.1k Before Continuing UpwardsBTC produced a clear double top on the 4h chart while trying to break the strong resistance of $46.3k. Its been on a slightly reluctant downtrend since.
A strong support where it may bounce is located at $43.1k, which is also the .618 Fibonacci level.
One the 1D chart, you can see that BTC is still showing a nice bear flag pattern, with healthy pullbacks happening along the way.
I believe BTC will have its $43.1k pullback then proceed upwards once again.
Bullflags
USDCHF SHORT. Is there a bull flag forming?USDCHF Appears to be drawing a bull flag, there's along way to go before the break out to the top, but, when at sea, rides the waves baby. I expect a drop from here to around 0.90023 before we go up again.
Just an idea, The RSI and MFI and cipher b are all indicating that we are at least at the peak for now, so again, suggesting a trip down.
enjoy the ride. see you at the bottom.
Was never a bull flag since Memorial Day....$AMC #AMC
It was never forming to be a bull flag...or if it was, it broke structure to the downside. What has appeared is a descending wedge, which is often a bullish formation.
It is currently slated to come to an end around the announced earnings date, August 9th. Anything is possible with this stock, but I'm hoping this will be the long awaited breakout (to the upside).
BTC Bull Flag Daily ChartA potential bull flag has formed on the daily chart for BTC. What's important now is determining where the bounce will be.
I will be looking for a daily candle to create a new high before treating this pattern like a bull flag.
While looking at the Fibonacci set up, it is possible to see BTC bounce at the .382 Fibonacci level ($37,569).
SPCB waiting for enter opportunitySPCB looks promising, the average target is $1.80.
I suppose there will come a even better entry sooner or later, just wait.
The pattern looks like many bullflags, always with high volatility.
Entry points and targets are mentioned in the chart, could end up in a good swing. I would add slowly from the entry 1.
Coffee Futures in a bullish consolidationAs you may see in this chart, the price for coffee consolidates and could form a bullish flag.
IF the price breaks the channel (flag) to the upside, which could happen with quotes in the range between 160-163 USD or above in the following days/weeks, it is more likely that we see a continuation of the bullish trend. The next short-term target zone is located at 175 USD. The long-term target is at 280 USD.
IF the price breaks the flag to the downside, the coffee price is likely to be supported at the fib levels 143.65, 138.15, and 131.40 USD.
BTC USDT What are the Shorts saying.BINANCE:BTCUSDT
This is the battle between the WALL STREET BETS vs the SHORT BIDS...
remember last time when Friday 9 of JULY was expecting as SHORT or dip and a way for us to reach the 31K again we did not make it.
It only lead for the short be huge loss. Bull wins.
It was too early or is it how it should be?
I am 50 - 50 on this one... let me know your sentiments.
the Flag says... BULLISH
but the BTC.D and BTC Short says SHORT to 30K... Are we? or should be short?
will streetbets make a 500% pump some of the coins in Binance? will they buy BTC?