Bullish Pennant
$ORN: Status check. Waiting on Terminal launch!Hey yall hope you've been accumulating more $ORN before it goes on its rocket trip. As you can see price action has been forming a giant bullish pennant formation. With a downward consolidation between those tightening top and bottom trend lines. We've also seen a smaller lower trend line forming inside this, with 3 consecutive wicks bouncing off that lower line. The 3 scenarios I expect to happen I've drawn in green for the most bullish orange for meh.... and red for most pain.
Fundamentally the terminal launch will be massive, and if it's anything NEAR what we expect it to be? It's going to change the way we trade. I know for a fact that one of the hardest hurdles for new people getting in to crypto is navigating all the different exchanges and swaps and dex's in order to buy the crypto that they're interested in. Orion Protocol's Terminal will change everything. Very very exciting. I expect price to go on a decent run, but to be subdued until we get to the staking.... once staking hits some time in Q2? Sheeeesh. It's gonna go.
ATOM/USDT in coming DaysHi every one
COSMOS / TETHERUS
the ATOM/USDT chart has some promising bullish signals! the first one is that there is a bullish pennant pattern which means after the upward break out we shall see the bullish movement to be as much as the flag pole but we must wait for the breaking of this pattern!
another signal is that there is a hidden bullish divergence which is visible on the picture! these signals make the bullish movement of the ATOM more reliable!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XRPUSDT Bull Pennant FormationWe are monitoring XRPUSDT for a break out out of this potential Bull Pennant formation.
A bullish pennant is a trading pattern that might indicate a continuation of XRP's strong upward price move.
Formed when the market makes a jump higher, then pauses and oscillates between converging support and resistance lines.
This could be a sign that the original price move will resume.
BCHUSDT - LONG TO $547, $600, $670 AND $730Here is another trade/investment opportunity that guarantees 40% ROI.
Here is a bullish pennant chart pattern breakout confirming a buy opportunity. Therefore, I expect price to go long to $546 first, if it breaks the supply zone upward, head for $600, $670, then $730.
Also, check the chart below for the bigger picture.
The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend.
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RSR Price in Bullish PennantRSR cryptocurrency the giant crypto currency and best investment project price is now at the moving in the bullish pennant
RSR cryptocurrency coin chart looks really good bouncing off the support zone and also at the trend line support.
Breakout above the 0.09 USDT it can move higher after the breakout
ANKR Price in Bullish PennantANKR cryptocurrency price is now in the bullish pennant also made good bounce from the trend line support zone.
bitcoin price and chart also looks stable , bitcoin price holding the 50000 zone very well and moving level by level it can move really high in short time.
You can buy ANKR cryptocurrency here below 0.07
stop 0.060
Target : 0.077 , 0.087 , 0.1 , 0.11
bitcoin trading cryptocurrency trading is very risky so don't invest blindly and follow the trading setup with given stop loss.
xrp buys are inAs you can see based on the chart, xrp has broken out of its pennant and the downfall we have seen since our pump last night to .518 was just coming down to confirm breakout of downtrend line. As long as xrp can hold our bottom trend line, this sleeping beast should make its way upwards to new highs in comparison to this chart.
HAPPIESTMINDS - Bull Pennant Pattern breakout - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets
Logic, Entry range, SL and Targets are shown in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
TAKE SOLUTIONS - Bull Pennant Breakout - Swing TradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on daily TF hence target can be achieved in couple of days to weeks.
Logic, Entry, SL and Targets are clearly explained in the main image itself. Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Another image explaining the same analysis is linked herewith -
I have analyzed the same stock few months ago as well. Do check that out. It is available in the linked ideas.
Don't chase the price. Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
NZDCHF - LongBullish pennant forming on NZDCHF.
NZDCHF has been in a bullish trend for a few weeks.
I am looking to hop on this trend following a breakout and retest of resistance of the pennant.
For additional confirmation of continued bullish movement, I will look for confluence among the indicators too.
AUDCHF - LongBullish pennant forming on AUDCHF.
Looking for a price to break above resistance of the pennant before seeing a restest of resistance and then continued bullish movement.
AUDCHF has been in an uptrend for a number of weeks, so I am looking to join in on this trend rather than going against it.
I will look for confluence with the indicators to increase the probability of the trade.
XEM/USD LongXEM/USD is ready for expansion upwards
The Symbol $XYM airdrop/snapshot is happening this
week, meaning that if you hold at least 100 XEM
and opt in to receive the airdrop you will be
airdropped XYM at a 1:1 ratio with the amount of
XEM you hold.
This means if you hold 100 XEM your wallet
post-airdrop will have 100 XEM and 100 XYM.
This is a fundamental catalyst for the price to move
upwards plus XYM has a mainnet launch March 15
which usually leads to price expansion for the
token for the blockchain's mainnet
so people will be quite incentivized to have a
stack of XEM pre-catalyst.
The airdrop coupled with the bullish TA this chart
has printed makes this coin attractive:
Ichimoku is bullish as can be:
-Kumo cloud is green
-Tenkan is above Kijun
-TK is above green Kumo
-Tenkan acting as support
-Lagging span is above price
-No C Clamps forming calling for a correction
MA30 well above EMA100
4H chart:
-Orange resistance line flipped and confirmed as
support
-Bull pennant printed, creating a breakout target of
$1.16855127
BTC pair:
-4H bull pennant in the making
-1D chart S/R flip of a multiple year resistance is
5 hours from being confirmed
-1W chart confirmed crossed over the 1/1 Gann
Fan line ensuring this coin's bull run has just
started
Fib retracement puts our first target needed to
be S/R flipped at the .382 zone
@$.82283208
Soon after that the .5 fib area should be hit
@$1.07008417
Then price will be headed toward our bull
pennant target near the snapshot/mainnet
launch dates.
Descending Triangle for BTC?!?!Or, potentially this pattern plays out bullishly, there's been a bullish cross on the KST, and whales like to negate patterns frequently with fake-outs in either direction before defining a shift in momentum.
The RSI is forming what could be considered a bullish pennant pattern, recently there's been a series of higher lows, but on the contrary, there have been a series of lower highs for nearly a week coinciding with Bitcoin's ATH's in price.
On the KST there's been a bullish cross where I have placed the blue downward-sloping finger.
FRONT/USDT LongFRONT/USDT looks to be leaving a bull pennant that
has been forming for a bit over a week.
Price has dipped in to the blue accumulation zone.
If/when it leaves that zone to the upside and confirms
the bull pennant breakout,
this could be a fruitful play with a pennant
long term target at
$10.26
with resistance stops that are necessary to
flip along the way at the Fib retracement lines
in order to add conviction that this target can be
reached.
It is also necessary to flip the MA30, EMA100 and
EMA200 in order to consider this hefty target
elsewise this bullish argument is moot.
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