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Bullflags

EURAUD on a bull flag 🦐EURAUD on the 4h chart is moving in a descending retracement channel. The price after the attempt to break above the weekly resistance tested the 0.5 Fib level and moved to the upper trendline of the channel. How can we approach this scenario? We will wait for the market to break the channel and move over the weekly resistance, in that case, will start to check for a possible retest of the structure and set a nice long order according to the Plancton academy rules. ––––– 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
8
Ravencoin (RVN) squeezing inside the bullish pennantRavencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved. Earlier the reward for mining a block was 5000 RVN but after the January 2022 halving it got reduced to 2500 Rvn which means less dumping from the miners. As we have seen previously in BTC which increased significantly in value after halving, same might happen in ravencoin as it is a fork of bitcoin. RVN is increasingly used to mint NFT's which means more demand for RVN to issue assets on its blockchain. Rvn price and Macd are squeezing in this massive triangle which it about to come to an end and it might go up sooner or later. Keep this GEM in your watchlists.
Long
by NayibSayilor
1
BTC/USD - 1M - Potential cycle top scenario Duplicated a single blue curve trend line a few times on the monthly, to create this messy chart! 'BTC Log Growth Curve' indicator top (red band), meets my blue curve tops/collisions. This can also be seen during previous market tops on this same chart (assuming the blue curves are legit). BTC cycle top looking to be around $152K. Blimey. Bull flag. White channel (flag) measured move already played out. Yellow pole's measured move taps the $97K area. Red box showing best case sell zone. Green box showing worst case retrace zone, which also taps the 21EMA. December still looking like go-time.
BITSTAMP:BTCUSDLong
by dimuthj
2
AUDNZD on a bull flag? 🦐AUDNZD on the 4h chart is trading below a weekly resistance. The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition we will 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
19
Hidden Bull Flag Formation!Hey traders! As you can see on the Daily Candles of the Total Cryptocurrency Marketcap chart, we began with a Bull Flag pattern that started during summer, I believe this is somewhat of a fractal we are experiencing now. What happened during this downtrend is that we got two touches to the upper resistance line and two touches to the lower support line. During this period we also had a fakeout which also happened in the current one (Labeled "Fakeout"). Now that being said, it seems as if the break out of the downtrend will occur during late January or very early February. However, what is key is that we don't break the support line as shown. Based on all this, early February is something you want to watch very closely. Safe trading, -Pulkanator
CRYPTOCAP:TOTALLong
by Pulkanatir
BTC Going towards 72k to 80kBull Flag Break and tested as well. Now on Monthly Resistant Line if it break so it will go towards 63k to 65k BuyZones: 50000 51000 5300 Take Profits: 58000 60000 63000 65000 67000 69000 72000 75000 78000 81000 StopLoss: 49500 Legend: 🔴 Pink Structure -> Monthly Structure. 🟣 Purple Structure -> Week Structure. ​🔵 Blue structure -> Daily structure. 🟡 ​​Yellow structure -> 4H structure. ⚪​​ ​​Grey structure -> 1H structure.
Long
by BlackBirdTrading
ALGO/USDT- Direction: Bullish - Pattern type: Continuation - A bullflag can occur within the context of a longer uptrend and following a steep upward move. Following this steep move the pattern the forms a short horizontal OR downward sloping channel shaped like a flag. In the stock market de flag portion of the pattern shouldnt last longer than 3-4 weeks on a 1D chart. But since cryptomarkets move much faster the pattern could still show strength and be valid. - Important support - Potential bullflag - Need volume for breakout - Volume diminishing troughout pattern - DEC 24th good entry; 1. RSI crossed SMA on 21st/22nd of december 2. MACD crossing upwards with first green candle in histogram 3. Volume slightly increasing while bulls are winning 4. Bollinger band was crossed + 4 candles, then wait for confirmation from RSI, MACD, and Volume - RSI is getting supprt from SMA14 - Still potential bullflag - Nice retest for support $1.45 zone - If the volume can keep increasing up until above average with, a close above the upper descending trendline drawn across the highs, this would be a confirmation of the breakout. - To set the target you'd have to measure the price movement of the previous steep move that led to the flag and then add that amount to the current price at breakout. EMA's: The last significant cross was EMA9 crossing all of the others (50, 100 and 200) downwards while the EMA50 gave a false signal, seemed to cross the EMA100 downwards but then immediatly turned around and crossing EMA100 upwards right after. EMA9 has also crossed als of the others upwards now. next step would be the EMA50 confirming the 100 cross upwards. After that we should see al the EMA's change direction into an uptrend and providing support for the trend continuation.
Long
by AnitaDollar
Can GF be profitable ? 💰🤑💰Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 GFUSDT- H:4 Time frame - Heikin Ashi 📌 Bull flag - Supply demand zone - NFT - Gaming 📝 So, we know this year NFT and a lot of gaming coins have played a very big role on crypto currency and also attracted a lot of attention to the community! 📝 GuildFi project is one of them and I have looked at its chart since the beginning of its launch 📝 Based on GFUSD whitepaper the main sentence is: " GuildFi aspires to create an interconnected ecosystem of games, NFTs, and communities, to maximize players' benefits and enable interoperability across the metaverse. " 📍 Based on technical analysis we have formed: 1- Bull flag along with its perfect Elliott waving 2- A bullish regular divergence in H:4 time frame 📍 We have a very important support zone which is allocated with the bottom of the parallel channel; if the support zone is broken my TA is invalidated for mid-term 📍 Based on Elliott wave analysis price has already finished a 3rd wave and will be completing the 5th wave at the red top THIS IS NOT A FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION GOOD LUCK NP TRADER
GLong
by C_EWAVE13
Potential BullFlag for Bitcoin [SHORTTERM]Is Bitcoin forming a BullFlag on the 4hrly? Maybe! If so this could bring the Price up, if a Breakout would happen Today, to approx. 51'7k - 52'1k Analysis: - Rising Volume within the "Pole" - Declining Volume within the "Flag" - MACD showing a Sing of a Reversal and could cross bullish in the next few hrs. This certainly does not need to happen, but the Signs are good. This Analysis is not intended to be investment advice. Always DYOR.
COINBASE:BTCUSDLong
by blauersamt
4
KCSUSDT is ready to explode! 🦐KCSUSDT is ready to explode! The price had a breakout from the daily resistance and now the market is creating a bull flag below the 4h resistance. IF the price is going to have a breakout, 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.
by InkyGrip
4
USDJPY on a bull flag 🦐USDJPY after the recent highs dropped at the 0.618 fib retracement. The market started a consolidation phase trading between a support and a descending trendline. According to Plancton's strategy if the price will break above the 4h resistance and satisfy the ACADEMY rules we will 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
30
LRC : Bulls are coming? LRC looking Bullish since it already got rejected twice at a current 50 Daily EMA. On H1 chart the price consolidates around Daily Mid BB (2.2690). Chart Pattern : Bullish Flag The price need to close above 2.2690 to continue it bullish momentum targeting 2.4000. If the bulls is strong ,the next destination is around 2.7235. If the Bulls fails to close above 2.2690. Bears will take control targeting the 50 Daily EMA which also at H1 50% Fib Retracement level at 2.1520. This is just my analysis and opinion. Wish you have a nice day. Hope this would help.
Long
by RiqqiRider96