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Bullish Flag

CHRUSDT | Bull Flag Analysis🚀 Exciting trade opportunity forming on CHRUSDT—you don’t want to miss this one! Market Context BTC is rising, and altcoin season is just around the corner! Daily Chart We saw an amazing breakout on the daily chart with a strong green candle. This signals robust bullish momentum. 2-Hour Timeframe We're currently in a small retest phase. On the 2-hour chart, we've broken the previous high and are retesting it immediately. This is a classic sign of an upcoming move upwards. Trade Setup With a risk-reward ratio of nearly 8:1, this trade is too good to pass up! I'm targeting the next daily high, which aligns perfectly with our bull flag target. This setup looks incredibly promising—let's see how it plays out!
Long
by minno91
Bitcoin - 10% crash is coming, buy at 62k (here's why)Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am bearish.  From the Elliott Wave perspective, Bitcoin finished the first impulse wave (1) and after such move we can expect a corrective ABC pattern because markets always move in waves. In general, a typical retracement for waves (1) is 0.618 FIB and also 0.382 FIB in strong bull markets. The 0.618 FIB overlays perfectly with the mentioned FVGAP, which gives us a pretty solid buying opportunity if the price reaches this level. The next good opportunity is to short Bitcoin on the futures market.  The next reason why I am bearish is this small red trendline. As you can see, the trendline is breaking down, which is, of course, a sign of weakness. This trendline is part of the rising wedge pattern, so it adds to the overall bearishness. Currently, I am bearish, so be careful during the summer as the price action is not the most volatile for Bitcoin during this season. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Short
by Xanrox
72
JASMYUSDT Bull Flag Breakout Targeting 1.618 Fibonacci ExtensionJASMY is currently breaking free from what appears to be a tight Bull Flag that it's formed at the locals highs. A move above the consolidation zone could take JASMY to extremely higher highs as beyond 4.9 cents lies no resistance at all and only a history of moving straight up and down which can be seen on the older spot chart of this coin. With that in mind, one would think it could trade as high as 2 dollars if the resistance were to break.
Long
by RizeSenpai
🔥 Bitcoin In A Bull-Flag: Wait For Break Out!After successfully completing an inverse head & shoulders pattern, Bitcoin has seemingly found its way up again. Over the last week, trading has been characterized by many ups and downs, but the trend is still bullish. Bull-flags are classically bullish continuation patterns, so a bullish break out through the top resistance is to be expected at some point. Wait for the market to show clarity. Wait for a break of either resistance of support. A new all-time high is around the corner.
COINBASE:BTCUSDLong
by FieryTrading
2
The last bullish chance of Ethereum in Mid term!Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH 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! ✅ Due to the Ascending structure of the chart... 🟢 ETH has been Bullish Recently! 🟢REEGULAR BULLISH Divergence 🟢ETH is in a Bullish Flag 🟢(AB=CD) 🟢Price is gonna Reach $4100 ✨Targets are: 🎯$3390 🎯$0.3500 🎯$0.62 🎯$0.3750 🎯$0.4100 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
1
ETHUSD bullish movement is about to happen!!!Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 12H time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH 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! ✅ Due to the Ascending structure of the chart... 🟢 ETH has been Bullish Recently! 🟢REEGULAR BULLISH Divergence 🟢ETH is in a Bullish Flag 🟢(AB=CD) 🟢Price is gonna Reach $4100 ✨Targets are: 🎯$3390 🎯$3500 🎯$3750 🎯$4100 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
6
BTC BREAK OUT DONE! READY FOR $100K!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. Welcome to this BTC update! BTC looks good here. BTC recently broke out of a bull flag pattern on the daily timeframe and has held above it so far. This could be a sign of continued bullish momentum. After this successful retest, expecting another leg up. Target:- $130k Invalidation: A daily close below SWB:69K will invalidate this bull flag. What do you think about this setup? Share your views in the comment section.
Long
by CoreCrypto1
5
Ether breaking up from bullflag.Very likely validating the breakout up from this flag with this big candle move/close today.. If so the target is all the way up at $5034. Reaching this price target can take price well above the purple line which is a neckline to a big inverse head and shoulders pattern. Once we were to trigger the breakout of the big inverse head and shoulders target we will likely be looking at a measured move target for it around 7300-7400! For now the current target to focus on is 5034, as it could still correct enough to dip back below the purple neckline after reaching the bull flags breakout target. Also chances at consolidations or pullbacks along the way to the bull flag target as well so tread wisely. *not financial advice*
BITSTAMP:ETHUSD
by DrDovetail
XNGUSD- Bollinger / TTM Squeeze for Breakout LONGThis 30 minute chart of spot natural gas demostrates the indicators triggering / signaling a big move as it gets underway. I missed the big move catching the two smaller scalpes earlier in the day. For me, this demonstrates the value of one or more of these indicators armed with an alert or notification to catch the move once it gets started. It also shows the value of detecting a Bollinger band width and volatility contraction before the release. Price action is showing a high tight flag pattern which could forecast a similar leg higher after sufficient consolidation to ti reach the consensus equilibrium of buyers and short sellers as to what the price should be. I will be one of those buyers adding again to my position which I expect to swing trade at least the rest of this week. For those already with good-sized positions, some may elect to sell some to take a partial profit. I am considering being more watchful of such a situation also realizing that a short squeeze could get underway since XNGUSD as been falling for sometime. Long-time shorts might decide this is the exit point to avoid further loss of unrealized profits. If they do so they play into the hand of new buyers and those holding. Buckle up, this could get interesting.
FXOPEN:XNGUSDLong
by AwesomeAvani
Bitcoin is ready to reach a new all time high! (Buy now)Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave perspective, the WXYXZ corrective pattern is now confirmed, so this is also a very bullish sign for the next weeks and months! On the 1h chart I can spot a strong buying activity from whales, so this also adds to my bullish bias. When new all time-high? And what is the ultimate target for this bull run in 2024/2025? I will reveal my strong technical analysis in the next post, so make sure you follow my account! Right now it's strongly recommended to trade with the bullish trend, that means only long strategies and do not short Bitcoin on the futures market. This will increase the probability of success for your trades. I am bullish as all bearish scenarios were invalidated.
Long
by Xanrox
29
Bitcoin - Life time opportunity, buy now, new ATH soon!Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think so. I see the recent price action as a great buying opportunity on the other side.  It is always important to do an Elliott Wave technical analysis to see the full picture. From my point of view, Bitcoin has formed and completed the WXYXZ triple-three corrective pattern inside this bullish flag. What you want to do as a trader is trade a breakout above the flag or buy at the bottom of the flag, potentially trading a breakout of the last Z wave. Another reason why I think Bitcoin is bottoming out is the chart of Ethereum. This is probably one of the best indicators for Bitcoin, so we cannot miss doing analysis on it. You can check out my analysis of ETH in one of my previous posts, but I can tell you now that the crash was pretty strong (more than 30%) and we are in a bull market, so we definitely want to buy the DIP and prepare for another huge wave to the upside. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
87
GOLD - Buy after this pullback!Gold is extremely bullish and is expected to double its value in the next few years. We want to take advantage of this bull market and implement long-only strategies on futures. Right now, GOLD is breaking out of the descending channel, but I want to see a retest of it. The price broke out of this channel but created a fair value GAP. These GAPs tend to be filled sooner or later, so do not FOMO in and wait for a proper retest. Then we can open a leveraged trade with a high probability of success and a high risk-to-reward ratio. From the Elliott Wave perspective, we have finished the WXYXZ corrective pattern, which is also great to see! We are starting a brand new impulse wave to the upside, so prepare your limit orders. It's time to buy gold again. The next significant resistance is the previous ATH. I do not really see anything special that is worth mentioning. Take only the best opportunities with a high success rate. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
OANDA:XAUUSDLong
by Xanrox
17