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Bullflags

EURCAD on the retest of a channel 🦐EURCAD after a downtrend inside a descending channel, break to the upside. The market broke the trendline and resistance and now retracing back inside a bull flag. According to Plancton's strategy, if the market will break above, we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
9
Ascending Triangle for TNY?It appears as though TNY is starting to slightly break the blue upward sloping support of potentially an Ascending Triangle to the downside, it would be ideal if the bulls hold this area of support. In green, I have drawn what appears to be a longer-term trending descending triangle, or, bullish flag, the green downward sloping resistance is currently being tested, it's already acted as resistance approximately 5-6 times since Aug 2018, the more a trend line is tested the more likely it's going to be broken in either direction. On the RSI it's noticeable that the blue upward sloping support has been broken to the downside, possibly a H&S formation happening where I've placed the human head and body icon with each shoulder being the green curved lines. On the KST there's been a bearish cross.
CSE:TNYLong
by ScotianBot
PLUG beautiful Cup & Handle in place, next one to take off? Chart is our friend! We have a Bull flag forming with a Cup & Handle, I could see this rip trough the first resistance around $80 Recent headlines from Reuters helping the ODS: * PLUG POWER EXCEEDS 2020 GUIDANCE AND RAISES TARGETS FOR 2021 AND 2024 * PLUG POWER INC - RAISING 2021 ESTIMATES FOR GROSS BILLINGS TO $475 MILLION * PLUG POWER INC - INCREASING 2024 GROSS BILLINGS TARGET BY MORE THAN 40% TO $1.7 BILLION Source text for Eikon: ID:nGNX5ypkH Further company coverage: PLUG ((Reuters.Briefs@thomsonreuters.com;)) Buckle up!
NASDAQ:PLUGLong
by NineToFive
3
Bitcoin at heavy resistance level. If surpaassed - $43k is nextHello guys, Here is my take on what is happening with BTC right now. Daily chart On the daily chart (the main one under this idea), we see a big bull flag pattern currently being formed. As the highest point, we take the all-time high of $42,000 where we also put the start point for our downtrend reversal Fibonacci retracement. The lowest point will be the swing low at $28,700. As you can see, with just one "small" exception from January 21 the downtrend channel manages to keep the price moving within its boundaries. What we saw in the last few days was bitcoin struggling in the $31,800 - $32,200 area where both the horizontal S/R and the Fibonacci 23.60 are situated. Once it escaped for that zone, it went right up to the next level at $33,800. It is visible from the chart that the $33,800 - 34,600 zone was a particularly tough one. It is where BTC first stopped its rally on January 3, forced to make a short pullback to $32,000 (!) before continuing the uptrend. Then it served as support on January 12 (this is also where the diagonal support came into play). Once again on January 20 and later, on January 22 when the first try to break it from below failed. My guess would be that if bulls re-take $34,600-$34,700 and surpass the short-term EMA on the daily chart, the bull run will be resumed with full force. A break above the downtrend channel, will confirm the bull flag and open the door for $43-$44k at least in the short-term. Volume and Momentum Indicators: Daily volumes, Volume Zone Oscillator, and RSI are all at the levels from December 12 when the big upward movement began. t is true that usually low volumes or lack of real volumes during an uptrend might suggest it is not sustainable, but that was the case back in December, so the next couple of days will be crucial I think Cheers
BITSTAMP:BTCUSDLong
by FutureBlockchain
2
Giant Bullish Flag or Descending Triangle for Bitcoin?Bitcoin is potentially forming a giant H&S pattern inside of a larger Descending Triangle or Bullish Flag. In light blue, I have drawn a hypothetical price scenario. The RSI is breaking the downward sloping resistance of a descending triangle formation. The KST saw a sharp deviation but has since found itself back into what could turn out as a bull flag or descending triangle. In Dark Red inside the price pattern is potentially an H&S pattern.
COINBASE:BTCUSD
by ScotianBot
2
NEOBTC – Another bullflag? 🦐IF $NEO.X will have a breakout upward and flip the 4h resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
11
BTC 55 EMA Strong Support!Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! Lets keep it simple. When taking a look at BTC/USD on the daily TF, we can see a massive sell off, which was expected after being rejected from the red trendline multiple times & after a decisive break down from the bull-flag. With previous lower lows being taken out easily, a panic sell off seemed to have pushed the price to its next favorable support which is the 55 EMA highlighted in yellow. If the 55 EMA holds we can see it make a move to test the previous s/r which is the white line drawn on my chart but if there's enough sideways action the red resistance line will come into play first. If it does indeed get rejected again from the red or white s/r line, I would not be surprised if it falls back down to the red support line below which has been a massive S/R line in the past. That line is also the next support if the 55 EMA fails. This is not Financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Simplicity Wins
BITFINEX:BTCUSD
by rnaofs
KNCBTC is creating a bullflag on weekly support 🦐IF $KNC.X will have a breakout upward and flip 4h resistante into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
10
UK100 for new recent highs? 🦐After our last analysis on UK100 index we look for a new opportunity. The price on the 4h chart retraced inside a channel until the 0.618 where the market found a support. According to Plancton' s strategy if the conditions will be satisfied, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:UK100GBPLong
by InkyGrip
24
Is EXP trading in a Bullish Flag??It appears as though EXP is consolidating into a Bullish Flag in Dark Blue with a Cup and Handling forming Dark Green, two inherently bullish patterns. This could always be a descending triangle, but when looking at EXP on a long-term chart there's a noticeable bullish cross on the KST, not apparent on the shorter-term time frame I am currently using, just something to keep in mind. On the RSI it looks similar to the price action, there's no divergence and the indicator is in a neutral area.
ELong
by ScotianBot
GBPCHF on a bull flag 🦐GBPCHF on the 4hchart after the last impulse, retraced inside a flag until the 0.5 fib level. According to Plancton's strategy, when the price will break the upper trendline, we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
SP500 a bounce over the 0.618 🦐SP500 after the break of the range bounces at the 0.618 Fibonacci level. The price which is moving inside a minor descending channel is looking to test the upper trendline soon. According to Plancton' s strategy, if the price will break above, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:SPX500USDLong
by InkyGrip
14
In twelve hours we know who the murmurer is!Right now ETH is forming a new bullish pattern at the ATH. We had a fake out (fallowed by a new ATH) where the bears successfully suppressed the price down below the previous ATH at $1420. $1440 is now the roof in a new flag formation. This is a bullish formation where the bulls knocking on the doors for new pice discoveries. Bears better watch out and manage their risk right now. But it is full time war right now between Bears and Bulls. The solution to the mystery has about 12h to reveal itself. But Cryptocurrency use to be kind of impatient. Please follow me for more analytics on cryptocurrency.
BYBIT:ETHUSD.PLong
by FreddyTonnesen