FLAG
BTC Looking to Rise Against The SPX with Inflation ExpectationsIt is sort of starting to look like Bitcoin will soon start to move inverse to the SPX and become more positively correlated with a Defensive Asset or Inflation Hedge which would mean we could see BTC more than double in value against the SPX as the BTCUSD pair starts to trade similarly to Cocoa or OJ futures once it breaks out above the resistance.
$BTCUSD - Is this the right Head and Shoulders?Hi guys! 👋🏻
🔔 Bitcoin is back up after a slide to supports at $60500
🔔 There's a possility of a continuation of an uptrend up to $70100, where CRYPTOCAP:BTC will hit the dynamic resistance and upper band of the flag.
✊🏻 Good luck with your trades! ✊🏻
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AMD Continuation Wedge Bull FlagAmd continuation wedge momentum and bull flag can see NASDAQ:AMD Hit the 162/165 level in the short term this week and 180/190 level in the next few weeks. Add in NASDAQ:NVDA earnings and we could see a good pop . These are just technicals anything can invalidate them like fed actions or fed speak, tariffs, literally anything can invalidate them.
Nothing!!!Hi.
➡️ the odds of another bullish Movement is Pretty high because the pattern which PEPE is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
✨Targets are:
🎯$0.00000769
🎯$0.00000893
🎯$0.00001025
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETH Triangle BreakoutGreetings,
ETH is in a consolidation triangle and could make an impulsive move upwards for a third touch of the trend line or a breakout of the triangle.
The current bearish flag (on the 1hr timeframe) appears to be too textbook for an actual downside move.
Timing would suggest the move starting between 6pm-9pm EST as this is when crypto typically has its weekend push.
This analysis is for educational purposes only. It is absolutely speculative and not financial advice.
BTC in bullish flag - but 20k USD impulse move next?BTC is in a parallel channel, bullish in a flag pattern. Based on this, the next impulsive move would be a approximately 20k (roughly height of the flagpole) one taking it to, depending on the point of breakout, approx 80k.
But does anyone really believe or expect this in this current economic climate (Europe in recession, US tech job losses?) 20k, really?
The answer mainly would lie in economic fundamentals, i.e. interest rates. If the Fed starts decreasing rates, which people are broadly expecting sometime this year, then the chances of the 20k impulse breakout are higher and the pattern will hold.
The next question then is how much would the rates have to fall to get such a large impulsive move and not just a fakeout?
This is largely impossible to forecast. Looking at the past, a near 40k move needed approx a 5% rate rise (in itself something that goes against the conventional wisdom of a climate if low rates are needed for crypto impulsive moves). Thus, it would be fair to say the fed would need around a min of 1.5% cut over the rest of the year to arrive a 20k rise in BTC
Keeping the rate the same will just most likely cause patern continuation until the prices have reached so low (around 50k) such that the flapole is no longer valid.
The way to trade this is two fold:
Swing trade upon your expectations of a rate cut. If you think one is imminent within the next 6 weeks, then now is a good enough time as any to ride the rollercoaster.
Margin trade (extremely risky): upon breakout of the pattern, with a 3 day filter for a fakeout, and on the back of a rate cut, enter a trade with a 3k stop loss and a 9k take profit.
The questions then that any trader/investor has to ask themselves is: do I think the fed will cut rates? If so, when? And how many times? And do I think all those cuts will be enough for new impulsive move of about 20k based on the current flagpole.
Personally, as multiple cuts will be needed, to hit 20k, and I'm not in the business of predicting whats in Powell's mind, I think waiting until there is a cut for a swing trade offers the best option.
I Cannot SHORT This !!!Hi.
➡️ the odds of another bullish Movement is Pretty high because the pattern which SHIB is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 REEGULAR BULLISH Divergence
🟢 No break out yet!
🟢 FALLING WEDGE
✨Targets are:
🎯$0.00002969
🎯$0.00003280
🎯$0.00003660
🎯$0.00003930
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETHUSD bullish movement is about to happen!!!
Hi.
COINBASE:ETHUSD
Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SPY Flag Analysis{Flag pattern}Hi every one
no need to say something , chart is speaking it self .
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
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Good luck.
EURCAD longyesterday i had two amazing bull runs with USDCAD and GBPAUD taking my acount balance from
$102 to $469. This morning during london i entered two seperate positions which was EURCAD and EURJPY. Both trade were in profit until after london then we got a huge move down causing mme to close at a -$78 loss. The account balance is now $361 and ive entered EURCAD for another long position at support.
FET - Flag pattern - Waiting on Breakout - Daily ChartBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $2.6813 and showing overall bullish sentiment
FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade
Entry level: $ 3.01
Stop Loss Level: $ 2.04
TakeProfit 1: $ 3.73
TakeProfit 2: $ 4.4
TakeProfit 3: $ 5.7
TakeProfit 4: $ 6.8
TakeProfit 5: $ 8.6
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto