3800% growth for the #FET...Hello guys...
as you can see on chart, #fetusdt formed a sloping double top and target of this pattern is as high as height of head that mean price should touch $0.0315
on the other hand, on $0.03 area is on QML and lq bar that make this area super strength for starting bullish trend until $1.15.
it is excellent position
entry:0.0315
target: 1.15
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
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FLAG
$SOND extremely bullish setup. PT's are labelled based on chart patterns.
- MMU (measured move up/ ABC)
- Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders.
- A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work.
It is also important to note that the MACD crossed to the upside on the daily and the RSI is still not oversold. No bearish divergences in the momentum indicators. THIS IS EXTREMELY BULLISH.
ETH... short and long positionhello guys
eth had formed a QM pattern at daily time frame and in upper time frame (weekly) showed as an engulfing candle so it so perfect for short position, on the other hand, this QM pattern is on flip area and flag on it, but if price break up this area (fl at flip) that i showed as a gray zone, make this crypto currency so bullish and i will update this analysis for long position.
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
BTCUSDT Short term and Long term UPDATEHey everyone, I recorded a video quick video so I wouldn't have to type a million words. I told you previously that we were waiting for a bear market rally, and we got it. Everything else is in the video. I will be back in October when my studio is set up at my new my place. Thanks again!
EUR-CAD Bearish Flag! Sell!
Hello,Traders!
EUR-CAD is going down now
After the retest of the horizontal resistance
And the pair has formed a bearish flag pattern
So IF we see a bearish breakout
Then a further move down is to be expected
Sell!
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Chiliz CHZ below $0.24 in the huge flag - what next?Chiliz CHZ below $0.24 in the huge flag - what next?
If price gets above this volume profile resistance next target would be $0.48
Maybe more likely a move to the lower flag border at $0.06 - a hidden bearish divergence is concerning
Overall a huge flag with bullish chart outlook on long-term
Comments & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
XAU/USD Rebounds Again!• On the H1 chart, you can see that XAU/USD found support just beneath the downside line of the channel. Only a false breakdown and an upside turn were registered. It tested the S1 (1,706) static resistance (support turned into resistance).
• It has formed a flag pattern in the near term, which is considered a bearish formation. Major uphill challenges are represented by 1,711 and the downtrend line.
• "Keep it Simple", Good Luck!
Ethereum ETH pattern repeating 🟡🟢Ethereum ETH pattern repeating 🟡🟢
Look at 2016, 2017-18 and 2021-22
Ethereum built up a triangle pattern🟡before a huge bull flag occurred🟢
Also worth mentioning... the peak of the triangle pattern🟡was the 2nd peak on the RSI
Follow appreciated dear Crypto Nation
*not financial advice
do your own research before investing
EUR-USD Wait For Breakout! Sell!
Hello,Traders!
EUR-USD has formed a bearish flag pattern
While trading in a downtrend
Which makes us bearish biased
And we will be waiting for the breakout
Of the flag to go short on the pair
Sell!
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NZD-USD Downtrend Short! Sell!
Hello,Traders!
NZD-USD is trading in a local downtrend
And the pair broke out of the bearish flag pattern
Then proceeded to fall down
So we are bearish on the pair
And I think that we will see a retest
Of the support below next week
Sell!
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See other ideas below too!
Bearish Flag on BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 20750.00
🧯 Stop loss 22300.00
🏹 Target 1 19300.00
🏹 Target 2 17650.00
🏹 Target 3 14000.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
GBP/USD Bull Flag - 1-Hour ChartToday we are looking at GBP/USD on the 1-Hour chart.
We have a potential bull flag set up.
Now, this is very important, this is a counter-trend setup. On the 4-hour and daily charts, the price is still incredibly bearish. We have touched a major support zone on the daily time frame so looking for some bullish setups is perfectly reasonable, however, we have to be careful.
On the 1-hour chart, we can see we have a nice impulse up which forms the flag pole. Then we have two giant wicks (which I am not a fan of with flag setups)
These wicks were filling the imbalance formed on the left. Those gaps have been filled.
I then put a zone around those wicks at the very top of the flag pole. This is a strong resistance zone. For this setup to be validated, I want to see the price close strongly above this region. We also need a strong bullish volume to accompany this impulsive move through the resistance zone. If we see this, I would be waiting for a retrace back into this zone.
Now, the problem arises with how deep we want the retrace to be. This resistance zone is quite large because of those giant wicks. I am a very conservative swing trader so I would probably wait for quite a deep retrace. This would give me a better entry as well as a higher risk to reward. I may or may not miss an entry by waiting for a deeper retrace. However, in my experience, patience is key and If it does retrace to my entry-level, I can manage my risk and risk to reward a lot better than if I entered with a shallow retrace.
My targets would be up above at previous price structure around the 1.1928 price level.
However, we must understand that as this is a counter-trend setup, we have to consider that and not risk as much. If we can practice doing this with lower grade probability setups, then this will help us achieve profits with positions even when we go against the trend.
If the price does not break above the resistance zone and retrace back into it then I will not be looking for any entries. The flag will become invalidated (in my eyes) and I will move on. I have set up an alert which that will inform me when the price closes through the resistance zone. Let's keep an eye out.
It's always bennificial to see what price does on occasions like this.
See you on the next one
The Vortex Trader.
Bearish Flag on BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 20900.00
🧯 Stop loss 22300.00
🏹 Target 1 19900.00
🏹 Target 2 18300.00
🏹 Target 3 15000.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Bitcoin - Important Weeks To Come 🚨Hey fam, this TA is important, so please pay a close attention and in the end, let me about your ideas in the comment section.
What do we see in the chart❓
There are two strong bearish movements both took 11 weeks and also there is a 9 weeks upward retracement in the between.
The price is now in the 4th wave of the main bearish movement and it is a retracement. I expect it too take 9 weeks from the beginning as well. It reaches us to the conclusion that 15 mid August is an important date for Bitcoin and our analysis, you can see it as a purple line on the chart.
I personally expect two scenarios for this 4th wave (retracement):
1️⃣ Scenario 1 :
The red line on the chart. The price will make an upward movement to the gray and yellow resistance and near our light blue trend-line, just like our previous retracement spoken above. I expect it to see this high peak around mid August as our important time pivot. Because of a bearish flag it can leads the price to our final bearish (5th) wave to the red and yellow support area around $12,000 - $14,000. That point will be be dip of Bitcoin in my view and I expect some consolidation before rise, but I will buy in that dip. NOT A FINANCIAL ADVICE!
2️⃣ Scenario 2 :
The green line on the chart. The price will make a slow downward movement to our red support (Around our purple time pivot). This will be a very bullish sign for me, because it shows that the bears are getting weaker. I personally open long positions with leverage in the dip if this scenario happens. Again, NOT A FINANCIAL ADVICE!
I'll have expect a smaller consolidation before rise in comparison to Scenario 1.
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