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 $67,922)
Only strange thing I find is BTCs move to the upside while Bond Yields and Dollar is also correcting to the upside. They usually move complete opposites.
Let's see how this unfolds, great day ((:
Bullflags
Bitcoin in the bullish channel.As the analysis on the chart.
Bitcoin is currently on the bullish channel (namely the bullish flag, bull flag ).
The pattern I found in the 4h timeframe is pretty obvious, and very clear .
If it breaks the upper resistance (preferably with a confirmation), it most likely would be 85K in a few weeks .
Although since 70% or more confidence in terms of probability the bullish flag has, more likely to go up, still if it breaks the lower support, it could be a plummet (target 52.2K) . Though, it also can be a false breakout, considering the current fundamental situation.
That's all.
SMCI LONGBullish Context: Monthly uptrend, weekly uptrend
Price Position: Near last month low
Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set
This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in case of pullback bulls must protect last daily low (881)
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
UNI: 8$ 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
What do you think about this? Let me know in the comment section.
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Thank You!
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
Bitcoin Bear Market Bull flagsHi Investors/traders
Today I'm looking at the 2 week chart of BTC on a line chart. We are comparing the bear markets with a bull flag out look. Although they are NOT technical bull flags they bare some similarities with the support and resistance areas along with false breakouts. We will go over false break outs and they usually mean and result in.
There are only two indicators in this chart although one is turned off for the purpose of clarity and keeping the chart clean. The one not visible is the (Bitcoin Fibonacci Log Regression) and the (CM_Ult_MacD_MTF) it is basically the MACD with different colors, a line that marks the zero and dots to mark crosses.
As we can clearly see the 2 week MacD has had an upward cross which has historically marked the bottom was in and momentum is slowly being gained on the upside. This should tell you the fight to battle resistance zones has already begun.
False breakouts whether they are on the upside or downside act the same way. As we can see in 2018 Bitcoin was in a down ward trading channel (Bull Flag) and broke out of it on the downside, it then recovered back into the channel, which is a bullish move as we can see the result was a fairly substantial run afterwards.
Last year Bitcoin did the same thing but opposite. It broke out of the channel but to the upside this time, then falling back into the channel again proving to be a false breakout. This is a very bearish move, But when does is it end? Well, no one knows, probably not the answer you're looking for. Clues for the answer to this question In my experience are in the indicators. One powerful indicator is the MACD, especially on the 2 week. The RSI as well is a very powerful indicator although not in this chart is showing a bullish divergence. Also a third indicator that is very powerful is the Stochastic RSI, which itself is also showing momentum is on the rise as well. Does this mean BTC will flip bullish any moment? No. Does it mean we will not go lower? No. There is no 100% guarantee, only risk management. Historically what we can see here is that it has been a very good time to buy and a reversal would come in the next few weeks or months.
I have two possible targets on this chart, why? First off no knows the actual future of anything. The only thing we can do is use educated guesses. By looking at at history, and using indicators, we can try to plot how the future could happen. After that we just follow a and see where it goes. So, the possible targets.... If you believe in manipulation of outcomes, (covid) being one and the addition of (leverage trading) and (Derivatives). I see people arguing that it affected the price of BTC, the crypto market and caused anomalies. Anomalies always happen, like we said earlier there is no certainty. However, one action begets and equal opposite reaction. so, it there is any truth to these things they will eventually correct one way or another. The only thing we can go by are the facts, the facts are BTC had a bull run, it then pulled back, then it had a false breakout, that then lead to the collapsed, and now is showing that momentum is flipping to upwards again. You could say this is all just junk information, but by comparing it to the stock to flow we can see there is something to it. I have stock to flow comparison charts as well.
Another thing to be aware of is that BTC as of the FTX debacle, is now untethered from the stock market. What does that mean? I don't know. For how long or permanent? I don't know.
Yes, Bitcoins moves throughout it's history have been mirrored to stocks.
I want to add that a break and close below 13.7k is not a good thing and it's not a buy in my opinion. I think a close under 13.7k will eventually lead to a bigger collapse to at least 3k and would take years and years to recover. I do have this scenario in the chart as well, however I don't expect it at this point in time. I'm not saying that the price can't go below and quickly recover, I'm saying if it does go below and does not quickly recover, than there are most likely bigger problems in the market.
Time will answer these questions from above. I think within 6 months a lot of these questions will be answered. So sit tight and let's see.
Thank you for looking
leave questions or comments below
WeAreSat0shi
A perfect example of an Ascending Triangle breakout on the dailyHere we can see NVDA just poked out of this perfect Ascending triangle which aligns with the hourly Cup and handle that we have been tracking. Currently no ceiling in place, and the next demand zone sitting down at the $482-$475 range, which would be my next target if this does decide to break back down. On the flipside, looking like another another Bull flag forming on the 15, would def keep an eye on that.
MATIC - A Simple Flag#MATIC
This Simple Flag following the breakout with volume is exactly what we want to see.
If one large and full body candle had large volume and a #doji that had more couldn't retrace any distance to speak of, do you think up or down has more pressure pushing it ATM...?
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
ADA PREPING FOR A 6% MOVE UP!ADA has had a slow move up and is now rangebound in a beautiful bull-flag pattern. When looking at the bull-flag, we can see that the price seems to want to move higher. If in fact it does begin to move higher and breakout, the next major resistance would be the range highs around 41 cents.
Lets stay patient and see if we will get a breakout which would mean an opportunity to long!
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Bull Flag breakout on SPY could pull back to fill gapsWhen we take a closer look at the breakout of this flag on the daily, we can see that SPY has 3 gaps to fill. The first being 442, then 431, then the final gap at 424. I expect these gaps to fill in after SPY tappers off around 559 ish if not sooner. Gaps should fill within the next 90 to 120 days before we move back up for the spring summer run of 2024.