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Bullish Flag

USDJPY Bull Flag PatternHi Traders! There is a bull flag pattern developing on the USDJPY 1D chart. Here are the details: The price action looks bullish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, we will remain bullish on this pair. Preferred Direction: Buy Resistance (FLAG CHANNEL): 148.830 Support (FLAG CHANNEL): 146.680 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
2
🚧CHZUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. Chiliz token showing a bullish flag pattern and Head&Shoulder, and also testing descending resistance🧐 Breakout above could spark large upside move up to the $0.55 resistance zone🎯 ❗ Note that if the Bullish Flag is broken down with the power of descending candles, our analysis will fail. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Long
by CobraVanguard
5
MOVR is breaking out! 1237% profit is possible?MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include: Supporting the gas metering of smart contract execution Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc. Paying for network transaction fees Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
5
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
🔥 Bitcoin Bull-Flag: Will The Bulls Win?A few days ago I made an analysis on BTC and the bull-flag it was trading in. My expectation was that Bitcoin would move down towards the bottom support and reverse from it to keep the trend intact. As of earlier this morning, BTC has retested the support and has bounced from it. Time will tell whether the support will actually hold in the longer term. This is the chance for the bulls to show themselves. If BTC fails the bull-flag and falls through the support, chances are that we will go down much further. Still, the trend is your friend. Statistically speaking, we should be breaking on the top side. My 48k target still remains in play.
COINBASE:BTCUSDLong
by FieryTrading
15
🔥 Bitcoin Bull-Flag: High Risk-Reward EntryBTC has reversed yet again from the 44k area and is currently in a short-term downtrend. In case this downtrend will continue for the next few days, I want to be prepared. I'm eyeballing an entry from the bottom support of the bull-flag pattern. High probability that this area will cause some kind of reversal. With a stop below the most recent swing low and a target at 48k, we can construct a very decent trade with a R/R of 7,64. A more risk-averse trader can take profits around the top resistance of the flag-pattern.
Long
by FieryTrading
4
🚧EGLDUSDT will Go Up Again🚧 Road Map(DAILY)🗺️!!! ➡️EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen! 🤑 Stay Awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Long
by CobraVanguard
2
🔥 Bitcoin Bull-Flag Break Out: Bulls Keep Winning!Over the course of the last week I've made multiple analyses where I discussed the bull-flag pattern that BTC was trading in, and my expected move towards 48k. www.tradingview.com After a retest of the top resistance of the triangle, the bullish trend continueed. In m view, it's a matter of time before BTC will make a new yearly high. With a little more than a week to go, 48k is still in the cards for this year. The period between Christmas and New Year is historically a bullish one, so I think we can expect some fireworks. Even if we don't reach 48k this year, I still think it's going to be reached soon. Like mentioned before, 48k is going to be a highly contested area. We're either going to sharply reverse from there and see a bearish period, or we will pierce the resistance and move to >50k.
Long
by FieryTrading
10