market indecisionAfter breaking up the falling wedge yesterday, we saw a good bullish daily candle as I told, and we also had superficial support on 200 day moving average on 1hrs time frame.
Right now I see a bullish flag pattern on the chart and by breaking this channel upwards we will see a significant increase in price.
My only concern is the small volume entering the market, which is suspicious.
This is not a buy or sell signal, so open a position with your own management.
Bullish Flag
RUNE/USDT TRADE SETUP! BULL FLAG!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RUNE/USDT TRADE setup. RUNE looks good here.
RUNE is forming a bull flag-like structure where the breakout is still pending. It has an important support level of $6.6-$6.9. Expecting a pump from there.
Buy some now and add more in the range of $6.6-$6.9
Entry range:- $6.6-$7.2
Target:- 100%
SL:- $6.10
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bullish flagEntry: $43.30
SL: $41.00 (loss 5.50 %) (visual only, close if daily closing price below) (but also a good investment)
TP: $55.70 (profit 28.4 %, ratio 5.1)
Hello Traders and Investors,
in my opinion, this setup also offers both a very good trading and a good investment opportunity.
The price formed a cup formation (without a handle) and is just about to break out of a bullish flag . Currently, a nice hammer candle can be seen on the weekly candlestick chart. Those who want to can get in, but waiting until the $45 level is broken is also quite smart.
For me, this share also offers a nice investment opportunity, as the dividend yield is over 3.5% and the fundamentals are also solid.
The share is listed in the S&P500 and the Nasdaq100 Index.
Deutsch
Hallo Trader und Investoren,
meiner Meinung nach bietet auch dieses Setup sowohl eine sehr gute Trading- als auch eine gute Investitionsmöglichkeit.
Der Kurs bildete eine Tassen-Formation (ohne Henkel) und ist gerade dabei aus einer bullischen Flagge auszubrechen. Zur Zeit kann man im Wochen-Candlestickchart einen schönen Hammercandle sehen. Wer möchte kann einsteigen, aber auch ein Warten bis zur Durchbrechung der 45$ ist durchaus schlau.
Für mich bietet diese Aktie auch eine super Investmentmöglichkeit, da die Dividendenrendite über 3.5% liegt und die Fundamentaldaten ebenfalls sehr solide sind.
Die Aktie befindet sich im S&P500 sowie im Nasdaq100 Index.
VET/USDT TRADE SETUP! BULL FLAG BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this VET/USDT TRADE setup. VET looks good here for a good upside potential rally.
VET is breaking out from the bull flag-like structure in the 8hr time frame. Expecting a 90-100% move to the upside here. Buy some now and add more in the dip.
Entry range:- $0.050-$0.054
Target1:- $0.062
Target2:- $0.074
Target4:- $0.084
Target4:- $0.096
SL:- $0.044
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BTC TO 200K?did some research on specific structures that produced the biggest bull runs in btc history , one being about 35k% and another being 12%, we are currently in one of this mega bull run cycles on the weekly time frame.
i did some math to try and get the best price we can run up to, im not saying this will happen at all but given its track record the odds are very high of it completing this cycle at 200k.
Minor (Bullish) and Major (Bearish) Bitcoin Price MoveThis is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily).
As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region.
Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart and it's a confirmation that we are still going to experience a massive upcoming dip to around the $28k - $30k region.
@CryptoPornster @JBDigital
BITCOIN: Patterns inside patternsAs you can see from the graph, there is a falling wedge inside of a bearish flag, which itself is inside a bullish flag. Normally, when patterns are bigger and in a bigger timeframe, they are more effective. This probably means Bitcoin is about to explode.
BITSTAMP:BTCUSD
USDT.D bullish signs are up#USDT.D
USDT Dominance shaped cup and handle pattern or bullish flag pattern.
break out from long term resistance zone will be bullish for USDT and a bearish sign for crypto market.
and rejection from long term resistance zone or upper line of flag will b bearish for USDT and bullish for crypto market.
bullish flag? Entry: $23.00
SL: $21.80 (loss 5.4 %) (visual only, close if daily closing price below)
TP: $29 (profit 27 %, ratio 5)
Hello Trader,
Exelixis is building a bullish flag right now. After the upper trend line is broken, a buy signal is created. I like the risk-reward ratio.
Deutsch
Hallo Trader,
Exelixis buildet gerade eine bullische Flagge aus. Nachdem die obere Trendlinie durchbrochen wird, entsteht ein Kaufsignal. Das Chancen Risiko Verhältnis gefällt mir gut.
USDJPY refreshes 20-year highsTechnical Analysis:
Momentum is bullish, Stochs and RSI are sharply higher
Volatility is high and rising, major moving averages are biased higher
ADX and MACD support upside, Chikou span is biased higher
GMMA indicator shows major and minor trend are strongly bullish
Major Support and Resistance Levels:
Support - 128.54 (5-DMA), Resistance - 131
USD/JPY likely to extend bullish streak. Scope for test of 2002 high at 135.16.
cup and handle with bullish flag?!Entry: $5.55
SL: $5.15 (loss 6 %) (visual only, close if daily closing price below)
TP1: $6.60 (profit 20 %, ratio 3.2)
TP2: $9 (profit 63 %, ratio 9.5)
Hello Traders,
In my opinion, this stock forms a good opportunity for a purchase. The risk-reward ratio looks very good.
After Sunopta formed a cup and handle, a bullish flag is now formed and the breakout from the upper trend line could now occur.
If this is the case, then a buy signal is created.
Deutsch
Hallo Trader,
Meiner Meinung nach bildet diese Aktie eine gute Möglichkeit für einen Kauf. Das Chancen-Risiko-Verhältnis sieht sehr gut aus.
Nachdem Sunopta eine Untertassenformation geformt hat, wird nun eine bullische Flagge gebildet und der Ausbruch aus der oberen Trendlinie könnte nun erfolgen.
Falls dies der Fall ist, dann entsteht ein Kaufsignal.
WABI/BTC REQUESTED CHART UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this WABI/BTC TRADE setup. WABI is on the very important support. Either it make it from here or break it.
WABI is forming a bull flag like structure in the weekly time frame. But still it is not break the flag. Currently, it is at a very important support level. Buying here will be very low risky and high rewardable.
Entry range:- 200-222 sats
Target:- 400-500%
SL:- If any weekly candle closes below 200 sats then I'll exit.
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GMT/USDT : Formed a bullish pennant !BINANCE:GMTUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$GMT has formed a symmetrical triangle, Which can be considered as a bullish pennant into higher time-frames.
- Also $GMT is moving below the ATH and so it comes with three separated targets!
If we get the closings above the resistance zone, Then you can open Long on a proper retest $3.5's broken zone.
Targets are :
- $3.66 ( ATH's resistance )
- $4.13 ( ATH's break-out target )
- $4.53 ( Symmetrical Triangle's break-out target )
- $5.00 ( Bullish pennant's break-out target + FIB extension's target )
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
DOGE COIN IS GOING TO $1I have never been a big fan of BINGX:DOGEUSDT but you cannot deny this clear as day pattern. Too many signs are there to try and profit from this massive bull flag. I will list some of the signs below.
1. We have a massive descending wedge and due to the previous massive push to the upside before this consolidation we can see this as a bull flag continuation pattern
2. the measured move if this pattern plays puts dogecoin at just below $1 which is a massive psychological level and will most properly experience some sell-off pushing the price down. This checks out as well.
3. Dogecoin has support but yet it has been consolidating for so long it has to make a decision soon
all in all, as much as I don't like dogecoin I cannot ignore the fact that this could potentially be a massive trade with 90 to 100 per cent potential profits if played correctly with the proper risk management techniques in place.
I will provide updates as dogecoin moves
kind regards,
LarryTheKinggggg
FET/BTC: READY FOR A BULLISH MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this FET/BTC TRADE setup. FET looks good here.
As I updated in my previous BTC Dominance chart that BTC.D looks bearish and ready to fall so Altcoins in BTC pair can pump well. So far my prediction goes accurate and many altcoins which I shared already in good profit(you can check link given below).
FET breaking out from the bull flag like structure in 2days time frame. I'm expecting a 200-300% pump from here.
Buy some here and add more in dips.
Entry range:- 940-1040 sats
Target1:- 1400 sats
Target2:- 2000 sats
Target3:- 2600 sats
Target4:- 3600 sats
SL:- 840 sats
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OGN/USDT BULL FLAG BREAKOUT! LONG TRADE SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this OGN/USDT TRADE setup. OGN looks good here.
OGN is breaking out from the bull flag in 1hr time frame. Buy some now and add more in the dip.
Entry range:- $0.62-$0.64
Target:- 20%
SL:- $0.60
Lev:- 10x
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Will OGN continue its uptrend? - Here's the entry levelHere's a quick look at the OGN 2 hr chart. As we can see, the price broke out previously from the bull flag and is now trying push further to the upside. If you didnt catch the immediate breakout form the bull flag, Then the best entry would be when the price breaks above 0.66$ with good amount of volume. Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart.
Targets:
1. 0.68$
2. 0.72$
3. 0.76$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!