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FLAG

BNB/USDT bullish channelBNB/USDT is in a bullish channel that could continue once the retest season is over, as we can see in the chart the important resistance between 611~659 will be overrun once the bullish altcoin season is back again, with a bigger mass adoption of cryptocurrencies next year, we will be having an important bullish movement with this coin in particular as it is been a coin that maintained it's price during the late retest, therefore on the short run we are in a buying zone where we are looking for a more aggressive bullish price development.
Long
by jibo16
Omicron Could Drive EURJPY To 125.000!Ascending channel on weekly TF broke, bullish flag and pole formation is currently developing at the moment. In a long run, this pair has been in an uptrend, however since the channel and psychological barrier of 130.000 broke, the price is likely to aim the next support that lies at 125.400! TECHNICAL ANALYSIS Bullish pole and flag formation currently in play on W charts. The 130.000 psychological barrier broke with M candle closing below it. This signals the price is ready to head lower towards 125.000 support area. This SHORT move signals further consolidation in EURJPY (FLAG CONTINUATION) FUNDAMENTAL ANALYSIS *Omicron the main driver for this pair at the moment *Anticipated rise in the cases globally after the festive season would make JPY safehaven demand rebound, thus sending EURJPY lower HOW TO TRADE? Trade could be executed at this moment with the following suggested details as the risk to reward ratio is favorable at the current price ENTRY: 130.000 & ABOVE STOP LOSS: AT SWING HIGH 133.750 TAKE PROFIT: NEAR SUPPORT 125.4000 RR: > 1:1 Cheers & Happy holidays
Short
by FX618Analysis
2
SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone -------------------- BIAS Mid-Term : Bullish SUSHI formed bull flag in 1 day time frame and currently retesting below it and we might see a further drop toward the marked support level which is around $5.3 -------------------- $SUSHI/USDT SPOT SETUP Entry Price : 5.05 - 5.4 TP 1 : 5.63 TP 2 : 5.98 TP 3 : 6.8 TP 4 : 7.184 TP 5 : 8.07 TP 6 : 8.482 TP 7 : 9.174 Stop Loss : 4.321 *Stop Loss - SUSHI daily close below 4.321 *Maximum 5% of Portfolio. *Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
Tesla Bull Flag TestTesla has been on a healthy run for the last few days. It bounced off the 100 day EMA, and subsequently pushed up through the 50 day and the 20 day EMAs respectively. It's facing resistance at $1070, but if it's able to break through early next week, we will be looking at a nice crispy bull flag setup. A breakout from the flag would occur around the $1100 psychological level, which could bring additional interest from buyers. The measured move in this scenario is significant if not ridiculous, but watch for heavy resistance around $1170 and $1243.49 (ATH). Happy trading and have a safe holiday weekend!!
NASDAQ:TSLALong
by Stonkademy
2
Shiba inu Correction modeAs you can see, after a sharp rally Shiba had experienced, it started its correction phase and created a bull flag ( bearish channel ). Shiba has 3 supported zone, one of them has been broken and the second one has been touched and supported the price. Since then, the price has stocked around the first broken supported. In the lower timeframe, you can see the price has created a trading range which the powers of both sides are equal. It has to gain power to break the bearish channel and end the correction phase and start a new impulse phase. Before that, the market is neutral. I expect the price to remain in this trading range for at least 01/05/22 and anything bullish will occur after that. beside, 3rd support touch is low probable but it depends on the total crypto market. After the break out of the bearish channel ( bull flag ) the first target is the previous top and the second one is 0.00017 zone.
by shahriarknd
This is where I start looking to re-enter - 42-46kHi Traders, A non-video post for you all here. Bitcoin, under the ascending BLACK trendline, has now entered into bearish territory. But, as I have explained numerous times throughout my daily update videos, I do NOT think this is the beginning of a longer-term bear market. This, quite simply, is a pull-back that may last for a few more weeks or through mid/end of December. Why? Institutional investors and hedge funds are collecting profits. Re-allocation will begin in Jan-Feb, at which time Bitcoin should turn bullish once again. Time, price, pattern. That was the time aspect. Now onto price and pattern. We are in bear territory. Slightly. But still. Looks like a bear flag has formed on the daily, but we also have adequate support below us at anywhere from $42,000 to $46,000. Long term hodl'ers don't seem to be releasing their grip. Lots of volume below us according to VPVR as well as the 200 day. Additionally, two potentially significant uptrending lines for support. All of these are strong arguments for a near bottom in this drawback soon. Stock markets are bearish. Yes. True. I've stated my case for this in the last several videos but you may view my last one in the related links below. In correlation with the stocks becoming bearish, Bitcoin has followed suit. However, I am not sure how long this correlation will last? Maybe it continues and the stock market bulls return pulling bitcoin up with it? Maybe a de-coupling occurs and stocks continue to be bearish but crypto turns bullish? This all remains to be seen. What I can read from the charts is that it does look like our crypto space is nearing a bottom on this current drawback. A few more days or maybe weeks and I should be able to start putting together some decent setups once again. Stay tuned and until then, trade safe all! -Stew
INDEX:BTCUSD
by stewdamus
1