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
Bullflags
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.
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
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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.
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
$GOOG - Former Resistance Becomes Support$GOOG has a wonderful looking chart!
We've had a former resistance become support, and now we're flirting with a potential breakout at the top of the channel!
A break to the upside likely takes us up to 3035, while a failed break would send us back down the channel as observed before.
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.
Tesla Bull Flag TestTesla has been on a healthy run for the last few days. It bounced off the 100 day EMA, and subsequently pushed up through the 50 day and the 20 day EMAs respectively. It's facing resistance at $1070, but if it's able to break through early next week, we will be looking at a nice crispy bull flag setup. A breakout from the flag would occur around the $1100 psychological level, which could bring additional interest from buyers. The measured move in this scenario is significant if not ridiculous, but watch for heavy resistance around $1170 and $1243.49 (ATH). Happy trading and have a safe holiday weekend!!
BTC pattern repeating - strong buy in a month?We are going through something similar as we did in May.
After the drop, a bearish candle formed with a very large wick, that confirmed the previous strong support.
Then a bull flag started to form, and when it hit the support BTC went to set new ATHs.
What happened couple of days ago?
✅ - last candle of the drop - large wick confirming support
✅ - a bull flag is forming
Just a chance?
Low Risk Alt coins to buy and WHY BTC is so Bullish!!!! Before starting anything, let me be clear these all are my speculations and fun ideas and are for education purposes and these IDEAS can totally be WRONG and Market can do anything or whatever it wants.
Btc right now is showing really good enormous Bullish strength and is closing down chapter of Bear Case for now at least.
Reason to WHY BTC is looking so bullish right now :-
1) From Elliot Wave perspective and because of such bullish Price action of BTC, EW Speculative count is now pointing for a highly likelyhood of 4th Wave finishing down at 30k and we are in Wave 3 of Primary Wave 5 :
2) Very Bullish Monthly candle supported with volume :
3) Bitcoin is making rising wedge on Monthly chart and plenty room left to run to $112,000 to $150,000 dollars and RSI also has plenty of room left before being overbought :
---------- Low Risk ALT Coins to Buy :- -------------
1) Convergence Coin - Making Famous VCP Pattern and in consolidation at low price range for a while and is in accumulation. Risk involved 30% :
2) Dydx Token - Bull flag beautiful breakout with volume and Quite low risk trade :
3) AlgoRand - Low Risk trade and Algo is making very good VCP pattern and is in consolidation from a month now :
4) Bitcoin Gold - High Reward and 33% Risk involving play. Making Fifth wave as per speculative EW Count and also about to breakout from a Potential Bull flag :
5) DigiByte - High Reward and 26% Risk involved Trade. DGB is down 70% from ATH and quite known coin and can take off when that big Weekly Bull flag plays out and Wave 3 can be quite big for DGB :
I would appreciate any sort of feedback from TV Community and please comment your say in comments below.
If you want me to look at any good coins or tokens that are at low please feel free to comment it below and i will try to check it out and post idea about those coins that are most mentioned.
Rest, Enjoy everyone.
Possible Bull case for DogeIf BTC remains Bullish and doesn't slide down like there is no tomorrow then this Beautiful Doge BULL FLAG can play out.
Today Elon Musk has shown his full support for BTC and ETH and Especially Doge.
Full scenario is shown in the chart.
This is also a fun and an entertainment and a speculative chart and market can do anything it wants. and is not a financial advice by any given means.
Enjoy and have fun everyone.
Ford continues to sit in ConsolidationNYSE:F Ford continues to sit in Consolidation and is working itself into 2 different patterns: A Falling Wedge and a Bull Flag (Parallel Channel). Volume has been decreasing this week, but the options chain is heating up on Ford. Ford has been on the Hot Chains list on Unusual Whales this week, and continues to be a hot buy. Bullish on Ford (Still)
Quantum (QTUM) Buy ZoneQuantum (QTUM) Buy Zone
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BIAS
Short-Term : Bullish
Mid-Term : Bullish
On its 4 hours Time frame, The Quantum graph formed a Bull Flag pattern.
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$QTUM/USDT SPOT SETUP
Entry Price : 15.25 - 14.655
TP 1 : 16
TP 2 : 17.15
TP 3 : 18.34
TP 4 : 19.245
TP 5 : 21.35
TP 6 : 23.45
SL : 12.5
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$VBLT - Basic Bull FlagBreaking above that bull flag. Lets close above through earnings.
$2.75 is the target to beat, lets make the sell wall our new support.
If the buying pressure gets big and we close $3-$3.50, we could easily see an explosion up to $6.80.
BTC patterns 4hr up or down who knows how this will play out, things seem as indecisive as ever and this this chart doesnt help....
Just a couple of observations....
Trying to learn so feed back is welcome.
i guess in the short term i will be holding until i get some confirmation on what the market wants to do.
$CROX - Bull Flag into Key Level of Support$CROX recently put out an awesome earnings report which caused a run to new ATHs. Afterwards, we formed a bull flag, and started approaching a key level of support.
This level of support may provide the necessary bounce needed to break out of the flag, and continue charging upwards. Will be keeping a close eye on this one.
MTTR - strong trend underwayAfter hitting into a prior ATH (All-Time-High) @ 28 on 16 Nov, MTTR began consolidating within a wide bull flag that would have shaken out the weak bulls. It wasn't until yesterday that it finally broke strongly out of this bull flag to a new ATH on huge volume. A strong trend is now underway (some minor retracements now and then is still to be expected).
Congratulations if you had already jumped onboard prior to yesterday's big move. Any near term retracements to those fib levels shown or the formation of bull flags or pennants would be an opportunity to stake, with initial stop loss about $1 below the near term support @ $28.
The market is on tender hooks again due to new covid variants (will this ever end?). However a chart that is strong is likely able to weather through the volatility with retracements within normal limits. Let's see if this works out.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade
ETC, the sleeping giantHello traders and holders;
Welcome to this analysis about ETC (Ethereum Classic).
As you can see on this log chart the price has been consolidating between strong resistance and supports for months.
This has led to the formation of a huge bull-flag pattern with apex approaching in mid-late December.
Also notice that weekly RSI has been almost stationary since its decline from April top.
I think once the resistance is broken and RSI starts going upward, the blue sky is ahead for ETC.
The bull flag has a 300% surge price target. It is likely that we go even higher.
I hope you've liked my idea. Please share your thoughts on this one.
Thank you for your kind attention