SHIB to the MOON! A Little Patience pleaseFirst of all this is my first publish. Please feel free to comment and correct if you saw some mistakes. Happy to hear all the bad and good voices.
After SHIB's first raise it swing for 16 days and created a bull flag. During this flag creation it tested the bottom 2-3 times but mostly swing b/w 0,5 and 618 fib levels.
I believe we are following a similar bull flag. Today it tested the bottom line and bulls ate the bears.
I am not giving you any trading idea Just sharing my thoughts. I thing it still may come back to 0,059 and bounce back to the fib 0,5 levels but when the time is done it will break the upper triangle and test the ATH once more.
In case of a drop below the triangle could not be eaten this time then it may go back to 0,059 - 0,053 and 0,047
Wishing you all a profitable journey.
BR
Bullish Flag
BTCUSD bull flag What Is a Bullish Flag?
Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle.
The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants. Bull flags typically begin to surface in conjunction with a new market rally.
4 bullish patterns on xrpusd could have a breakout domino effectThis is a classic bullish pattern domino effect. I everyone of these patterns breakout points converge like it appears they very well may, as one pattern reaches it’s measured move breakout target it will rigger the other pattern and so on and so forth. Ultimately, we need the pink horizontal line(inv h&s neckline) to be flipped to solidified support long enough to trigger the inverse head and shoulders bullish breakout. Once we can flip it to solidified support that is the signal that all fo these patterns will b e confirming their breakout. Until then however this could just be yet another convincing fakeout by xrp.
VeChain VETUSDT - Ascending triangle +1000% gains- VeChain VET - Rank #23 - Coin.
- The chart is printing an ascending triangle - bullish continuation pattern.
- As per my Elliott Wave count, we are in the 5th impulse wave to the upside!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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UBX/USDT - Bullish Flag PatternUBX has formed a Bullish Flag Pattern, If you were following the UBX chart you'll notice that it did really good in the past days and weeks, It made a double bottom you can see that on the daily timeframe, and here it is holding this support level for a while now, I think it is about time to break up and go make another higher highs.
Thanks, guys for checking this out!
Streamr DATAUSDT - Symmetrical triangle / bull flag +1100% gains- Streamr - DATA - Rank #424 - Token
- DATA is currently breaking out of the symmetrical triangle.
- After that, explosive move will folow.
- Bullish volume is higher and RSI is prepared.
- Profit target is 1.618 FIB extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Avalanche AVAXUSDT - Ascending channel + very bullish coin!- Avalanche AVAX Rank #13 Coin on coinmarketcap.
- The price is above the All Time High level, which is of course very bullish!
- We have a huge parallel channel, which can serve as a resistance on the top of the channel.
- Profit target is top of the channel.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- RSI is prepared for the pump!
TomoChain TOMOUSDT - Impulse Elliott Wave + Ascending triangle- TomoChain TOMO - Rank #296 on coinmarketcap.
- TOMO looks very strong on the weekly time frame.
- We can spot an ascending channel, which provides us with a good support/resistance.
- Due to my Elliott wave count, we are currently in the 5th wave.
- RSI is ready for another pump very soon.
- The price is printing an ascending triangle - bullish continuation pattern!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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SHORT SETUPS ON GBPJPYThe pair is clearly in a short term downtrend with lower lows and lower highs being formed. If we can get a strong bearish candle on the 4H indicating bearish pressure we are selling this pair. Please trade with caution as we have GBP news today. Will update as time goes on, stay tuned!
Good Luck.
God Bless!
IoTX Looking like a rising channel and a Pennant After much momentum from the day the short term prediction of the chart is a slight move down looking to gather some stability to make an accurate decision. Over all a huge run up today very happy with this coin bought in at .07 cents over the past month and a half
OMG WEEKLY BREAKOUT!OMG
I want to show this chart as a transition from a Long TF, medium TF, then a short TF.
Weekly TF you can see we are breaking out of a Bull Pennant which is very bullish, take the flag pole and add to the breakout to get the target.
Spot trade, back test all your Technical Analysis, only use leverage once you have successfully won 100 trades on SPOT.
If you are going to copy trade from someone make sure they are reputable.
Not Financial Advice
USD index pt 2.1Fed didn't move market as much as usual, so most liekly it will be more volitale friday after NFT.
From what I'm seeing USD index is now making a corrective wave/bull flag. Price should go atleast to fib 0,5. For a bigger move up it needs to break past that blue trendline then we can expect fobonacci 1,272 level, and maybe start to search for a sell entry.
Good luck.
P.S. fast call. If price reach that 1,272 level before NFP, we can expect USD to fall big. Market knows which way to go before news.
LUNA/BTC buy opportunityHi followers,
BINANCE:LUNABTC completed a big expanding flat, which suggests now a retest of all time high.
Watch this beautiful bullish flag, will it play out well?
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Ethereum ETHUSD - Road to 20 000 USD! + NEW ALL TIME HIGH!- Ethereum looks very strong from the technical perspective on the weekly time frame.
- The price is above the ALL TIME HIGH from 2018, which is very bullish of course.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The ascending channel fits absolutely to the dollar on the LOG scale!
- RSI is ready for the another pump to the upside very soon.
- If you want to see more of these ideas, hit "Like" & "Follow"!
$BTC/USDT 4h (Binance Futures) Bull-flag breakout and retestBitcoin just confirmed the bullish continuation breaking out of that descending channel, waiting for a pull-back towards 50MA to enter.
It's the first blockchain ever invented (13 years ago) working on #PoW consensus algorithm, more info on bitcoin.org
Current Price= 63925.04
Buy Entry = 63054.72 - 61979.96
Take Profit= 65968.76 | 69997.66 | 73925.19
Stop Loss= 60211.94
Risk/Reward= 1:1.5 | 1:3.24 | 1:4.95
Expected Profit= +27.60% | +59.85% | +91.25%
Possible Loss= -18.45%
Fib. Retracement= 0.883 | 1.272 | 1.414
Margin Leverage= 5x
Estimated Gain-time= 2 weeks
0x ZRXUSDT - Elliott Wave + Rising wedge- 0x - ZRX - Rank #101 - Token
- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge, that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Binance BNBUSDT - 3x Ascending channel on the weekly scale!- Binance Coin - BNB Rank #3 on CoinMarketCap.
- BNB is by far one of the most bullish altcoin out there!
- My impulse Elliott wave is telling me that there will be another pump very soon.
- 3x Parallel channel can act as a support / resistance in the future.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"