Bullflags
Trump RFKJ Help Pump Bitcoin In Nashville's Crypto ConferenceBoth U.S. presidential candidates Trump and RFKJ spoke at Nashville's recent crypto conference. Both outlined their strategies going forward should they become the next president. Though different, both had a positive effect on the Bitcoin price as the market pumped beforehand. But now that the conference is at an end, what can we expect from Bitcoin?
You can see from the chart that we are nearing the top of our channel and testing its underside as was expected from the video last week. Now, the question becomes, what's next?
The two most likely scenarios are that a) Bitcoin moves sideways for a week or two in another accumulation phase before breaking up, or b) Bitcoin breaks up sooner than anticipated and starts heading toward our year-end target.
A less likely scenario is that for some unknown reason at this point and time, an event or news item could reveal which would move the price of Bitcoin back down to the bottom of our channel one last time before heading up again.
We live in unbelievable times rn. Anything could happen. But probability lies on the side of Bitcoin continuing its move upward at this moment. End of year target remains $90k+.
DOGE: DO NOT MISS IT HERE!Hey everyone!
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DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip.
Entry range:- $0.12-$0.13
Targets:- $0.173/$0.203/$0.274/$0.334
SL:- $0.1
What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
TOTAL2 (Altcoin M.cap): Bull Flag in Play?Hey everyone!
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WHAT IS TOTAL2?
TOTAL2 refers to the total market capitalization of all cryptocurrencies excluding Bitcoin. It's a metric used to gauge the overall performance of the altcoin market, essentially everything other than Bitcoin.
TOTAL2, which tracks the total market capitalization of altcoins, is currently trading within a pattern resembling a bull flag. This pattern can be a bullish continuation signal, but confirmation is needed.
Here's what we're watching:
Bull Flag Breakout: A clean break and close above the upper trendline of the flag would be a bullish signal, potentially leading to a rise in the altcoin market capitalization. TOTAL2 is currently finding support around the middle line of the flag.
So accumulate as many Altcoins as you can till then it is trading inside the flag. Sooner or later we will see a great Altcoin season.
What are your thoughts on TOTAL2's current price action? Do you see a potential bullish flag? Share your analysis in the comments below!
"Potential Cup and Handle with Bull Flag Patterns in Cinemark Analysis:
Chart Patterns: Cinemark Holdings, Inc. (CNK) is currently displaying a Cup and Handle pattern, indicating a potential bullish continuation. Additionally, there is a possible Bull Flag pattern forming.
Breakout Potential: A breakout from the handle or the flag could lead to significant upward movement.
Target Price: Estimate target prices based on the height of the cup and the flagpole.
Stop-Loss: Set a stop-loss just below the handle's low or the flag's support to manage risk.
Fundamental Overview:
Revenue (TTM): $3,035.2M
Net Income: $211.9M
Debt/Equity Ratio: 10.90
Forward P/E: 11.27
Cinemark Holdings, Inc. shows strong revenue and net income recovery with solid profitability margins and cash flow. The company has a high debt-to-equity ratio, which indicates significant leverage. The current stock price reflects a positive market sentiment with a forward P/E suggesting potential growth. Investors should weigh the high leverage against the company's recovery and profitability.
Conclusion:
Both patterns suggest potential bullish momentum. However, investors should consider the company's high leverage when making investment decisions.
Investment Note:
Trading stocks involves risks. Carefully consider your financial situation and investment goals before making decisions.
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.
This is the real question to ask now.There are two scenarios.
1- Bull pennant
2- Bull flag
Write in the comments which one do you think?
- If it is a bull flag, there is a possibility to drop to $2800.
In a different analysis I shared yesterday, I gave the target of $2800. Please check it.
- If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout.
In both scenarios, I think we have beautiful days in front of us after Bitcoin halving.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
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 $67,922)
Only strange thing I find is BTCs move to the upside while Bond Yields and Dollar is also correcting to the upside. They usually move complete opposites.
Let's see how this unfolds, great day ((:
Bitcoin in the bullish channel.As the analysis on the chart.
Bitcoin is currently on the bullish channel (namely the bullish flag, bull flag ).
The pattern I found in the 4h timeframe is pretty obvious, and very clear .
If it breaks the upper resistance (preferably with a confirmation), it most likely would be 85K in a few weeks .
Although since 70% or more confidence in terms of probability the bullish flag has, more likely to go up, still if it breaks the lower support, it could be a plummet (target 52.2K) . Though, it also can be a false breakout, considering the current fundamental situation.
That's all.
SMCI LONGBullish Context: Monthly uptrend, weekly uptrend
Price Position: Near last month low
Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set
This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in case of pullback bulls must protect last daily low (881)
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
UNI: 8$ is Near 🧐 🧐 🧐UNI has been trading in a large bullish flag pattern on the daily timeframe. The price has been respecting the boundaries of the flag and making lower highs and higher lows. However, the price has recently failed to react to a break above local highs, indicating weakness and a possible further decline.
The bullish flag:
The bullish flag is a bullish continuation pattern that is characterized by a period of consolidation following a strong uptrend. The consolidation period typically takes the form of a pennant or flag, after which the price breaks out and continues its upward trend.
The failed breakout:
The price broke above the upper trendline of the bull flag on March 8, 2023. However, this breakout was quickly reversed, and the price fell back below the trendline. This failed breakout indicates that the bulls are not yet in control and that the price could be headed lower.
The downtrend channel:
The price has been trading in a downtrend channel since the failed breakout. The channel boundaries are defined by two parallel trendlines, one connecting lower highs and the other connecting higher lows. The price is currently approaching the lower trendline of the channel.
The support zone:
The $7-8 area is a strong support zone. This zone is defined by the horizontal levels of previous lows and the 200-day moving average. A bounce off this support zone could be expected.
The target:
The target for the bullish flag pattern is $16. This target is defined by the height of the flagpole, which is the distance from the start of the flag to the breakout point.
Complete BULLFLAG form .. breakout preparing Complete BULLFLAG and pennant of it.
This is a complete bullish form to breakout bullish; I don’t see any signs of bearish but Shiba is on fire keeping the bulls stable..
During breakout Shiba should get visit back to the recent all time highs and should meet new all time highs; but it doesn’t stop there until Shiba hits $0.01 including $1
Shiba is already now preparing to burn trillions of dollars.
So be sure you have over $1 million Shiba tokens and hold it.. if you’re going to buy more go for it.
Shiba will skyrocket soon if Shiba breaks out bullish then Shiba will out pace other coins and will have trouble to catch up.
GRTUSDT upwards targets in fib extension+resistance fan putting fib extension levels over a larger fib speed resistance fan. daily TF log.
Next few days GRT will break out of current channel even just laying still sideways. Pressure is on the bears to keep it to the lower half of the current channel. If sellers can't produce strong enough dumps, GRT shoots out the channel to the ceiling of the channel above which is above $0.30 for the next 2 months. fib extension level 1 = $0.285. So about 200% gain from the current price. That's the most conservative estimation.
It could happen much faster too. Then we would be looking at sub $0,60 price range. That's 400% gain.
Bitcoin break out to a new ATH 78k - 81k ?Here is a huge bull flag breaking out as I write this on the 4hr chart. This can easily be a fake out but with the strength that BTC has shown, I can't underestimate it. Still with halving right around the corner, and BTC already being in extreme overbought zones, a -30% pull back can happen at any moment. 👍
NVAX rises impending an earnings report LONGToday NVAX is selling for a tiny fraction of its all-time high as shown in a previous idea. Earnings
is coming this upcoming week. This week NVAX news release showed it had settled a years long
litigation over a failed COVID. In the face of earnings around the corner, was this news release
a coincidence or instead a case of excellent executive and legal timing? I will skip the
conspiracy discussion.
On the chart, NVAX's bullish momentum is clear on its face. A price rise of 22% from a stock
that has been stuck in deeply undervalued territory for a significant time period is remarkable.
I have bought far out of the money call options into 2025 and 2026 some only this past month.
Those from this month are now up over 250% with 11 and 23 months to go to expiration.
I see NVAX as a risky penny medical stock with a high reward potential relative to the
risk. It is a potential buy-out candidate and bankruptcy is less likely. The rich uncle is
MRNA but the richer uncle in PFE might gain some interest. The wisest of capitalists buy out
the competition when there is an opportunity and do not worry about the government crying
monopoly when life-saving and life-extending medical products are involved. Time will tell.
I expect insane profits.
AAPL | $240 by 2025To keep it simple, the bull flag pattern is still working away after a successful retest.
Some may ask why are we still in the same area, and the answer to that may be the ascending triangle pattern that we dove into right after the break. You can see its constructed with falling wedges, and I believe the next burst of price action will send us flying towards $212.
In a bearish scenario I would like to see price break below $177 with a bearish retest to invalidated the triangle, and a break below $166 to scrap the long term rally.
For now I'll be eyeing short term price action for any accumulation patterns within the falling wedge pattern around $180. Doing this will allow the entries to be placed early in time for the anticipation of whats next to come, and leaves less risk on the table from a technical perspective.
1D Inj/USD BUllFlag Breakout.Inj/Usd has been ranging for the past 61 days in a bullflag and is gearing up for new alltime highs. My target is a solid $50 dollar because of a strong psychological level. We need to break the trend line and retest trendline to confirm breakout. Supertrend also turned to a buy signal on the 1 day chart. I think once we break the $40 dollar level, 50 dollars is in play. Please use proper risk management and not financial advice.
Please leave a comment about other opinions!
INJ/USDT READY FOR A BIGGEST PUMP!! TARGET WILL BE $200Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this INJ/USDT Trade setup.
INJECTIVE PROTOCOL (INJ) looks super bullish here. Breaks out from the bull flag in the daily time frame. Buy some here and accumulate more in the dip. Expecting a great 400-500% pump in the upcoming bull run.
Entry range:- $35-$38
Target1:- $76
Target2:- $112
Target3:- $160
Target4:- $216
Invalidation:- Daily close below $32
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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.
BTC still trading withing Bull FlagBitcoin is at 42.8k and still trading within the premises of BULL FLAG pattern...
Which in my opinion is a good range to trade but we may see some volatility hitting market soon maybe in the upcoming days or weeks...
What do you think will BTC touch that lower zone?
Which is around 34-36k zone
Drop your opinion below..
I will read all