Get started

Bullish Flag

#BTC: QUICK UPDATE!!Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! BTC is forming a bull flag-like pattern in 1hr time frame and it is holding an important trendline support so far. Currently, it is retesting the flag. If it maintains this retest level and bounces we can expect another upside movement up to the $68k level. Target:- $68k Invalidation:- 1hr close below the trendline. What are your thoughts on BTC's current price action? Share your analysis in the comments below!
Long
by CoreCrypto1
FIL/USDT READY FOR AN ATH!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! FIL looks good here. Forming a bull flag-like structure in the daily time frame and confirming, it's deviation. Also, fundamentally it is a solid coin. Buy some here and add more in red days. Entry range:- $4.0-$4.6 Targets:- $5.2/$6.4/$8.1/$9.8 Invalidation: Daily close below $4 What are your thoughts on FIL's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
WHERE IS BITCOIN BOTTOM??Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!** Where's the Bottom for Bitcoin (BTC)? The big question on everyone's mind: where is the bottom for Bitcoin (BTC)? While predicting the absolute bottom is impossible, we can analyze different factors to make informed decisions. Here's a breakdown of three key areas: Technical Analysis: Looking at the past 4 months, BTC has traded within a range of $56k to $73k. The daily chart suggests a possible bull flag pattern forming. The $56k-$60k zone provides strong support. Holding above this level could indicate a potential breakout from the bull flag. Fundamental Analysis: Negative news circulating in the market, like the German government selling Bitcoin and Mt. Gox creditor payouts, can create temporary downward pressure. However, it's important to remember that these events can also present buying opportunities during market dips. Market Sentiment: Fear and uncertainty can grip traders during downturns. The Fear and Greed Index reaching extreme fear might signal a potential bottom, but it's not a guaranteed indicator. Important Takeaways: Predicting the absolute bottom is not possible. Diversification and Dollar-Cost Averaging (DCA): Consider spreading out your investments (DCA) across different projects to manage risk. This approach can help you average out your buying price over time. What are your thoughts on BTC's current price action? What are you watching in the altcoin market? Share your analysis in the comments below! Thanks!
INDEX:BTCUSDLong
by CoreCrypto1
ETH: POTENTIAL BULL FLAG FORMATION!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! ETH is trading above the $3300 level which is quite a strong support. As you see in the chart, it is forming a bull flag-like structure in an 8-hour time frame and is currently, trading inside it. Once it breaks out from the bull flag we might see a good 30-40% rally to the upside. Also, there is positive news that the SEC could approve spot Ethereum ETFs by July 4 so this definitely gives a good boost to ETH and Alts. Entry range:- $3280-$3380 Targets:- $3900/$4200/$4600 Invalidation:- Close below $3250 What are your thoughts on ETH's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
2
#FET: LOW RISK, HIGH REWARD TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. FET looks good here in ltf. It breaks out the bull flag-like structure in 1hr time frame and a retest is also done. It might start another good rally from here. Long some here and add more in the dip. Entry range:- $1.54-$1.60 Target:- 20-25% SL:- $1.50 Lev:- 5x-10x What are your thoughts on FET's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
BTCUSDT | New ATH Incoming?🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action! Breakout Alert Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards! Targets While my exact target is still undecided, there's a ton of liquidity at $72k. Breaking through this could propel the price to an eye-popping $90k without a doubt! This setup is too exciting to miss. Let’s see how this plays out!
Long
by minno91
Virgin Galactic: Sky's the Limit for Space Tourism's TrailblazerVirgin Galactic is pioneering the emerging space tourism industry, with a successful test flight marking an important milestone. With a strong brand, visionary leadership, and a growing list of customers, the company is poised to capitalize on the high-end tourism market. Moreover, Virgin Galactic has the potential to generate substantial revenue from jet propulsion sales, and its stock price has been volatile but overall bullish.
NYSE:SPCELong
by EgideSimba
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