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Bullflags

UNIUSDT is creating a bullflagThe price is creating a bullflag on 4h timeframe below the 9.5$ area. the market had a nice breakout from the daily support and after a perfect bounce on 0.5 Fibonacci level the price is trying to create a new breakout How to approach it? IF the price is going to have a breakout from the 4h resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
SIGA to Break Upper Trendline?SIGA has an ascending channel pattern on the daily chart. A closer look at SIGA shows a bull flag formation on the hourly chart. I strongly believe that a break of the flag (on the hourly) will push SIGA above the upper trendline of the ascending channel (on the daily). The measured potential maximum move of the bull flag is approximately 4.18 points and the measured potential maximum move of the ascending channel is approximately 15.90 points. Therefore, the combined potential maximum move approximation is 20.08 points. Therefore, my entry will occur after price breaks and holds level 24. *This is not financial advice. Loved and Blessed, MrALTrades00
NASDAQ:SIGALong
by MrALtrades00
Giant Bull Flag on Monero's weekly timeframeWe can see a giant bull flag on Monero's weekly timeframe with of course an overshoot of the pole, according to the pole size without the overshoot the price targets could reach or exceed previous ATH of around 500$ depending on the breakout zone also coinciding with the completion of the giant cup and handle patern, if we were to take the overshoot into account, price targets could be around 720$. We also need to take into account that if BTC and the markets decided to head south as many expect/expected Monero can easily fall to the 70$ range all while staying in the bullish flag. Currently we are flirting with the median line of the descending channel acting as resistance.
XLong
by TrendlineNoob
Musk + Bezos + Burry + Retail vs BuffetWho are the American stock market heroes? 1. Musk (the hero of the American people, a role model, and someone who speaks the language of the young) warning of a recession in mid 22 twitter.com 2. Bezos ( the one who build the giant of AMAZON to whom they even made a song for him www.youtube.com) warning of a meltdown 3. The TV Star Dr. Burry!!! ( everybody loved the movie and want to short like him) warning that the crash is about to come twitter.com And then you have these 2 points 1. The unpopular to youngsters Buffet investing more money fortune.com 2. Robinhood to allow all retail short stocks techcrunch.com In my previous post, I showed how the 4-market phases look similar to today's market image BUT when everybody sees it you know what happens...
SP:SPX
by Philoslother
3
Bull Flag Pattern - Everything You Need To Know! 🏳️Hello Traders! This is the first post in my educational series, today we will be talking about Bull Flag's. - I've basically detailed everything that you need to know in the chart so theres not much more to say. - The only crucial things you need to know are... ** A Bull Flag is a bullish consolidation pattern. (Means price is preparing for the next move up) ** Anything beyond a 45* degree angle is no longer bullish and is bearish. ** There is a "Technical Target" associated with a bull flag that tends to be pretty accurate, you can use this to know when to sale. Thats basically it, like i said everything you need to know is detailed in the chart! If you found this helpful please like and follow for more educational topics! Thanks Everyone, best of luck trading!
BITSTAMP:BTCUSD
by natef1
BNB - possibility of a bull flaghello everyone In the past month we had the BNBUSDT covering a lot of the chart, we had a bull market (Mar 15-Mar 30), then a reversal pattern with the indication of divergence on RSI(Mar 30- Apr 04),then we had a hanging man candle to tell us the obvious downtrend happening on April 05.But anyway, Now we have a possibility of a bull flag on daily chart. As we all know a trend line with 2 leg's down is a weak one,So ,I expect to see another small down trend on lower time frames until the price hit the trend line. Our possible ideal down trend will break the 420$ support level, touches the 410$ make a shadow there and goes back up. key support level the weekly trend line( black one) & 390$(on daily) key resistance level 440$ (on daily)
by HubAlgo
Bullish Flag for TNY?Or, will we see a sharp decline due to a hole in the wall front running leaked financials that are dismaying? And maybe even a good ol Tinley fashioned PP below the trading price to compliment the short-selling pressure of TNYBF and bearish sentiment. I have placed green arrows on the chart to signify fake-outs of the Macro Descending channel and Micro Bull flag or Descending triangle, to be determined in due time. It's possible Tinley is currently in the process of another fake-out in real-time, the CM_ Williams Vix is flashing green, this normally happens before bullish price action. But the sp is currently declining. If Tinley breaks above the 200 DMA and consolidates above the micro-pattern it's a very bullish signal, trade accordingly. Possibly a W Double bottom has occurred, only time will tell if TNY creates another higher low. glta
CSE:TNYLong
by ScotianBot
Bitcoin Looking Bullish !!!!!Let's start with the parallel channel formed since Jan 2022 (Red parallel channel). BTC has been moving within this channel till now. Important to notice is the Orange downtrend line breakout (orange circle) and then retest at the trendline yesterday (7/04/2022). Next, notice the short term bullish flag forming (blue bullish flag). BTC showed some bullish momentum when it made the 2nd bottom touch in the bull flag, retested the trendline and bounced back up. If BTC maintains the momentum and can break out of the short term bullish flag, Major resistance at 48k and then the parallel channel we can see a massive pump towards 56-58k. Watch out for the massive resistance and pullback if we reach there. This is not financial advice please DYOR
BITSTAMP:BTCUSDLong
by CryptoCafeClub
3
1INCHUSDT is creating a bullflagThe price is creating a bullflag above the daily support on 1.86$ after a retest of 0.618 Fibonacci level. The price needs new momentum and need to create a new breakout from the 1.91$ key level How to approach? IF the price is going to have a breakout from the bull flag and 4h resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
10
GRTUSDT is creating a bullflagThe price is creating a bull flag after a breakout from the daily resistance as I told you on the previous analysis. On 4h timeframe, the price is testing the 0.618 Fibonacci level on the daily support.. How to approach? The price needs to have a new breakout from the bullflag with volume. Be careful to the 0.43$ resistance, it's a monthly resistance. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
EGLDUSDT is creating another bullflagThe price created a triple bottom on the 129$ area on the daily timeframe and after the breakout from the weekly resistance (164$ the price had a nice bullish impulse until the daily resistance on 200$ The market is testing the static and the dynamic resistance on that level and non the 4h timeframe the price is creating a bull flag as well How to approach? Th price needs to create a new breakout from the bullflag and static resistance on 203$ and the market needs to satisfy our rules before new long position. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
BTC formed Bull Flag on 1H with potential breakdown to 50-51KFriends, I would like to share with you my trading idea - a potential bull flag with a breakdown of 50-51K. Let's consider the following factors except for the classic bull pattern we observe. 1. After the last breakdown and ranging trading volume has significantly decreased which means power accumulation. 2. Meanwhile Volume Profile shows that the accumulation at 47100 during the current range was significant compared to the past accumulation at 41000 3. Reaction on 50MA: in the past, we observed how the price impulsively breakdown 50MA after testing it from the bottom. Last but not least, RSI and Stochastic oscillators are cool off enough for the next move up. This month I've already successfully predicted another bull flag which had played out perfectly, please check the related idea below.
Long
by nefyodov.artyom
AXSUSDT is creating a bull flagthe market tested the weekly resistance on 72$ after a nice breakout on the dynamic daily resistance. On the 4h timeframe the price is creating a bullflag below it, and the price could retest again the weekly support on 61.60$ At the moment the price is suffering about the hack. Axie Infinity (AXS), the native token of the eponymous videogame, reversed most of its recent rally after hackers stole more than $600 million from the Ronin Network blockchain that runs the game. RON, the native token on the blockchain, also slumped in value. How to approach? The price needs the breakout from the bullflag on the 4h timeframe, we could see a retest on the 0.618 Fibonacci level where the market has the weekly support. SO if the price is going to have a breakout from the bullflag, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
6