BTC BULLFLAG / Ascending triangle could indicate THE REVERSAL BTC BULLFLAG / Ascending triangle could indicate THE REVERSAL and the start of the BREAKOUT PATTERN! Measured local first targets to 48k.
Bullflags
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.
$MSFT | 12/13-12/17 | Watchlist #3 $MSFT +343
(Over 343 for calls)
Technical Analysis: Bull flag breakout on the hourly chart
News catalyst: Last week, Wedbush Securities named MSFT as one of its top tech picks for 2022.
Possible Bull case for DogeIf BTC remains Bullish and doesn't slide down like there is no tomorrow then this Beautiful Doge BULL FLAG can play out.
Today Elon Musk has shown his full support for BTC and ETH and Especially Doge.
Full scenario is shown in the chart.
This is also a fun and an entertainment and a speculative chart and market can do anything it wants. and is not a financial advice by any given means.
Enjoy and have fun everyone.
Ford continues to sit in ConsolidationNYSE:F Ford continues to sit in Consolidation and is working itself into 2 different patterns: A Falling Wedge and a Bull Flag (Parallel Channel). Volume has been decreasing this week, but the options chain is heating up on Ford. Ford has been on the Hot Chains list on Unusual Whales this week, and continues to be a hot buy. Bullish on Ford (Still)
ZILUSDT BullishZIL Update... ZIL going Moon!?
TP 2X, 3X, 4X
BullFlag, Big Triangle & Big Cup & Handle Pattern Breakout...What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
Thank you
Quantum (QTUM) Buy ZoneQuantum (QTUM) Buy Zone
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BIAS
Short-Term : Bullish
Mid-Term : Bullish
On its 4 hours Time frame, The Quantum graph formed a Bull Flag pattern.
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$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
MANA: Potential Bull Flag if we Breakout 300% Upside PotentialIf we breakout of this bull flag i think MANA will target 15 dollars as MANA has been surprisingly resilient during Bitcoin's down days. and has even formed a mini double bottom up here.
BTC Double Bull Flags; 77k by Dec and 100k by JanAccording to the Gann time frame theory BTC should bounce around Dec 2nd to the upside.
The golden descending channel break up should trigger the large white bull flag which should take BTC according to the Feb retracement to:
Targets:
1) 77K by end of December.
2) 100K by late mid Jan.
if you like the idea please like and share. Thanks.
Waseem
POLK/USDT - 1D - Potential channel break & bull flag POLK looking like it wants to move on the Daily.
Purple channel (flag) measured move taps the 0.5 fib extension.
Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension.
A bearish move could send price down to the ATL area. Looking for a bounce at the green box if price does break down though.
EGLD/USDT - 4H - Potential channel breakout and bull flagEGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this.
White channel (flag) measured move taps the 0.5fib extension area.
Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range.
Yellow arrow (pole) measured move taps the 100% fib extension area. Will reduce position at the 618 and 786 fib ranges also.
Bit scared of BTC right no6w, so who knows what ELGD and others will do, but let's see...
BTCUSDT Bullish Pattern.BTC Update... BTC going 100K!?
BullFlag, Big Triangle & Big Cup&Handle Pattern...BTC will hit new ATH if any pattern is followed.
Please check Properly then you can understand perfectly.
What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
Thank you
Decision time for BTC..Bitcoin is coming to the up trending line of support within the rising channel. A key are is in the 53.5K range. A drop below would see a longer recovery for BTC to hit a new ath. Previously an early breakout in the bull flag gave BTC it's ath but is now back down to the bottom of the flag, still bullish! The flagpole distance of the current bull flag lands in the 87k area if BTC chooses to break out bullish.
Time to Buy SHIBA?? Can anyone tell me if this is a bull flag for Shiba? I am still learning how to draw the lines, so if I did this wrong, can you comment with advice? Is the end of the year the last opportunity to buy more Shiba Inu at this price?
USDJPY 114.23 0.2% LONG IDEA * CONTINUATION PATTERNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE USD/JPY.
* looking for trend continuation on this pair.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
LUNAUSD Exploring BullflagsA strange flag has presented itself again
Only at closer look can you see flag properties, I have displayed them above
LUNA is sitting above the 4.618 Fib level, with this large bullflag structure, encompassing the whole price history
The curved flag pole is a new idea, but it works perhaps if the flag was facing descending rather than ascending
