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Bullishdragon

ACHUSD: Bullish Consolidation Above Support LineBack in October ACHUSDT confirmed a Double Bottom at the PCZ of a Bullish Gartley and has since climbed back above the major Support/Resistance Zone represented by the green horizontal line as well as the 200 SMA and 55EMA and has formed a Channel of Ascending Consolidation. In addition, it is doing this while trading to the right of a previously Bearish Trend line, so if we can get some true follow through from this action, I would be looking for a 50%, 61.8%, and 0.886% retrace target.
Long
by RizeSenpai
2
SDOW: Bullish Dragon and Deep Cypher with PPO ConfirmationThe 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look right now like: MCD , UNH , MSFT , GS , and AAPL , I now think we may even go as high as the 88.6% Retrace.
AMEX:SDOWLong
by RizeSenpai
1
NZDUSD: Daily Bullish Engulfing with Hidden Bullish DivergenceNZDUSD still looks like it would rather Break Bullishly out of this Range than Bearishly and right now it has Bullishly Engulfed on the Daily and has Continued to Build it's MACD Hidden Bullish Divergence; if we could gather enough energy to rally up to and break the Bullish Dragon Trigger Line, I not only think it would make the 0.886 retrace of the range but i also think it would have quite a good chance of breaking out fully from the range and going for new highs.
Long
by RizeSenpai
$GME: Bullish Deep Gartley Trade Idea Remains ValidEarlier, GME hit the Stoploss level of the Previous Chart Idea, but it did not make a new low and has since gone back to the 0.886 PCZ level and is making a Second Level of MACD Bullish Divergence as a result. Due to these factors I think that this Bullish trade Idea is still alive and upon zooming out I can see that this could be a more Macro Double Bottom that could set us up for a Bullish Dragon Breakout in the coming weeks. If we break above the trend line we could see a rally to the 0.618 retracement, which would be a doubling of the current price.
NYSE:GMELong
by RizeSenpai
$ABEV: Bullish Gartley Visible on Higher TimeframesAmbev after bouncing from the PCZ of a Bullish Gartley has held and consolidated marginally above the PCZ and while doing so has shown signs that it could continue up higher from here without a secondary retest of the 0.786 as it has Recently Broken out of a Bullish Dragon and Bounced from a smaller Bullish Shark on the Daily as well as holding the POC of the overall Harmonic Range. It has also Bullishly Broken out of a Bull Flag pattern on its ARS pairing. It could always still come back for a secondary test of the 786 retrace anyway, but due to the reasons above; I think there is a high probability that ABEV will not be going any lower than it has over the last few months and that much higher prices are in play.
NYSE:ABEVLong
by RizeSenpai
3
BTC forming a bullish dragon? If the green pattern (bullish dragon) in 4H TF is validated, BTC might see some bullish momentum, possibly a new-year relief rally. Bullish dragon typically forms a bearish Harmonic pattern, such as a Gatrley at around 0.786 retracements. However, if that possible upside is the remainder of an unfinished result of the adjacent bullish anti-Butterfly (blue), it could turn around everywhere of Fibonacci-meaning. So watch the red and gray boxes and channels.
Long
by jackrabbitrage
1
Daily bullish dragon challenging the arc This is the sequel of our previous ideas in which we saw the arc having confined BTC within it and a 4H-timeframe bullish dragon . BTC gained bullish momentum after getting out of the arcs' crosspoint, forming the LTF dragon pattern . 17200 resistance has already been touched, likely to be broken. 17600-17900 is another solid resistance zone. So we could eye profit shorting from there. But the daily chart indicates BTC already has formed another same bullish formation which could develop into as high as 20.18k as the 0.786 retracement level, or even higher. Given the enormous descending triangle to the left and the arc that exhibited the incredible confinement that dried up all the BTC volatility, 20k+ from now is certainly questionable. But we should note that this fickle speculative asset has always betrayed the expectations of the vast majority of the market- once again, the candle could burn out brightest before extinguishing itself.
by jackrabbitrage
2
Short-term bullish possibilityI recognize this market as bearish. No sign of trend conversion has been confirmed yet. However, if BTC withstands the selling pressure and safely remains on the border of the narrow gray box, a bullish dragon reversal pattern is complete that signifies a short-term relief rally. 25EMA and Ichimoku cloud on 4H timeframe are significant resistances, so there would be a slim chance BTCUSDT trades above them - but the narrow and broad red boxes are the targets from respective counterparts, i.e., the gray boxes. If the narrow gray box support is lost, the broader one is the next. The blue line is weak support. This hypothesis is based on automatic calculation. All figures are drawn automatically by indicators and scripts. So don't blame me for the number of objects.
INDEX:BTCUSDLong
by jackrabbitrage
Bullish or Bearish: Watch Clitical Support Level of 18700 With the crypto exchange's asset liquidation plan flowing as FUD, the BTC chart, which looked strong, looks fragile. Technically, a Bullish Dragon (green)' s TP (21700) has almost been (but has yet) reached, and BTC is on the path to test the support of another giant Dragon (blue). Dragon patterns (often simply wedges), large or small, bullish or bearish, their theoretically cleanest target is a Fibonacci retracement level of 0.786. So let's look at the red, bearish dragon's FR 0.786, where several supports converge. It's around 18700. If BTC is on the bullish path, but a further correction is needed, we would likely see a rebound at around 18700 (green trendlines), and a bullish Elliot progressive wave (green 12345) will follow. On the other hand, if the price breaks down through the critical support level of around 18700, we would witness a massive decline reopening the downtrend (red 12345). If the market turns out to be bearish, my immediate previous idea will be invalidated. This analysis should be neutral, but I see corrections in a bullish path. So this is tagged "short." Note: Gann Square and arcs are for reference. If you dislike it, you can ignore it. Criticism for Gann Square isn't welcome in the comment area.
BYBIT:BTCUSD.PShort
by jackrabbitrage
2