TOTAL2 Updateprice in Triangle holding trend line support very well if hold above this support than it can move higher from here
190 billion should hold for next move in alt coin
breakout above or breakdown
Bullish Pennant
Vet Breakout Setup price made good breakout of bullish pennant
buy zone and target mentioned in chart
XRPUSD - POSSIBLE SCENARIO'S - LONG XRPUSD(UPDATE)Hello traders,
I am extremely bullish at the moment. My previous idea's were followed perfectly, now I have 2 possible scenario's that I see.
The bullish divergence on the RSI give me extra confirmation for a possible next bull run.
Scenario 1: Bullish Pennant, XRPUSD has been making lower highs and higher lows, this indicates a bullish pennant pattern in which XRPUSD will break out to the upside and retest the .67-.70 resistance level. If it breaks this, I expect to hit 1.80-2.00 dollars soon.
Again, bullish divergence on the RSI gives extra confirmation.
Scenario 2: Wyckoff accumulation, this is in my opinion the most likely scenario, I still see a gap that could be closed by retesting the 0.45 support line. After this support level is tested and the market has shaken off panic sellers, I expect a run to 1.80-2.00 dollars soon.
And it will not break 0.45 support line in my opinion.
Fundamental confirmations:
BTC is around it's ATH, back in 2017, the news was hyping the bull run, everyone wanted to buy at the top, that makes it a top, when your average Joe starts buying crypto, you know it's time to sell.
There is no media hype like back in 2017 at the moment, this means that institutions and whales are buying cryptocurrencies, which indicate we have a much higher way to go.
PS:
DO NOT look at the time frames to base your expectations on, I can not predict time frames, I only indicate the patterns en possibilities I see. Most importantly, I do NOT have a glass ball, I could be completely wrong so do your own due diligence before entering a trade and do not trade based on my expectations. I do not trade, I just hold.
GOOD LUCK!
XRP/BTC - Bull PennantBull pennant on daily chart. I have no position yet. I am waiting for a confirmation candle.
If it breaks bullish my price target is 0.00006
$BA - 50ma has crossed 200maBack to $BA - This will likely be a buy signal for many. Bull pennant forming as well. I can't buy in as my money is tied up in other stocks, but may move some things around to get into this.
post-earnings play, 20%+ move in the makingbull pennant almost done forming, expecting a breakout/squeeze
Bitcoin to hit the 19k!I expect the the breakout of Bitcoin ⚜️ from the pennant and spike up to the 19k in the nearest days.
$TRIP Bull Pennant Post Earning. TRIP forming bull pennant. Volume Up. Closed above 50MA and 200MA. 50MA also crossed 200MA.
$TUP forming a bull pennant hereTup is forming a classic bull pennant. Gapped up on volume and now consolidating. Look for a breakout in the coming days.
xauusdwe can see the bullish pennant that gold just brokeout of. we should easily make our way to the previous high, and if we break that we will go for more.
EURUSD Bullish PennantEURUSD Pair 30M chart there is a bullish pennant chart pattern. According to the my trading plan 1.1924 would be the target.
Dollar Inverted Head and Shoulders into Possible Cup & HandleHere we have several bull patterns on the dollar futures.
First we established and broke out of a bull pennant, Then we moved onto another bullish pattern, inverted head and shoulders, and now we've developed a cup. Is this a handle that formed on the cup?
Whichever way you look at it, this is very bullish price action on the dollar.
What I'm looking for is the price to break through resistance and into the blue channel while flipping the resistance into support and ultimately capturing the top of the blue channel.
ICEUS:DXY
S&P 500 Bullish Pennant Incoming???Do they play around with bears? is this a massive bull pennant ready to explode to 4k? Check all the companies that announce earnings this week for hints!!!
We already have multiple formations like Inverse H&S, Bull Flag, Cup & Handle and now we have this one as well... The stakes are high and although i am not a US citizen i have a feeling that Trump is going to get re-elected. Take that in consideration together with the fact that FED stated it will keep interest rates to 0% until 2023 we may be in front of the biggest bubble in financial history!!! Big up till 2022 and then Michelle Obama will come as a savior to unite the United States of America.Stay on the sidelines is the best strategy for me at the moment, wait for strong confirmation and enjoy the ride :)
#Bitcoin waiting on triangle to play out2 triangles in the making dotted one is a simple triangle or some may call it Bullish Pennant too
another possibility is of ascending triangle with a red resistance box
both have the same support white trendline
waiting on the breakout from either side
Taat lifestyle is about to go up with smoke!Taat lifestyle looking like a great buy with price line on support, bull pennant looking like its forming well. The price should appreciate due to a couple factors:
- Prices buying pressure has pushed this stock back to support and would like to see a confirmation breakout up within this week.
- Shipments of first hemp product is on its way and should arrive November 27th 2020. Hype of that news will build and price should react.
About Taat Lifestyle:
A proprietary blend of premium hemp that is exceptionally flavored with rich naturally occurring terpenes.
A better-for-you alternative to tobacco that tastes and smokes as well or better than traditional cigarettes.
Taat Beyond Tobacco™️ cigarettes are non-psychoactive & contain no tobacco and no nicotine, making them ideal for use as a tobacco replacement or cessation tool.
Cannabis benefits without the ‘high’. Effects of high yielding CBD and CBG but is Non-Psychoactive and does not deliver the scent or taste of cannabis.
source: taatusa.com
NIO forming a bull flag/pennant above break out zoneNYSE:NIO is forming a bull flag above a previous break out zone. The volume patterns are also bullish as there is higher volume on days where the stock closes higher rather than on red days. A break out of this flag can see NIO go to 24-25
