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USDCHF: Your Trading Plan Explained 🇺🇸🇨🇭 USDCHF is currently testing a key daily horizontal support. To buy this structure with a confirmation, pay attention to an expanding wedge pattern on a 4H time frame. Your confirmation to buy the pair will be a bullish breakout of the resistance line of the wedge. A bullish continuation will be expected at least to 0.9155 then. If the price drops below the underlined green area, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
JASMYUSDT Bull Flag Breakout Targeting 1.618 Fibonacci ExtensionJASMY is currently breaking free from what appears to be a tight Bull Flag that it's formed at the locals highs. A move above the consolidation zone could take JASMY to extremely higher highs as beyond 4.9 cents lies no resistance at all and only a history of moving straight up and down which can be seen on the older spot chart of this coin. With that in mind, one would think it could trade as high as 2 dollars if the resistance were to break.
Long
by RizeSenpai
🔥 Bitcoin In A Bull-Flag: Wait For Break Out!After successfully completing an inverse head & shoulders pattern, Bitcoin has seemingly found its way up again. Over the last week, trading has been characterized by many ups and downs, but the trend is still bullish. Bull-flags are classically bullish continuation patterns, so a bullish break out through the top resistance is to be expected at some point. Wait for the market to show clarity. Wait for a break of either resistance of support. A new all-time high is around the corner.
COINBASE:BTCUSDLong
by FieryTrading
2
BTC in huge bullish flag, when the breakout?Hello traderz! Happy to see you at the new trading week. Didn't post previous week, cause the BTC still moving in the same bullish flag. What is my thoughts and when we going to break it? End of the week we entering new month and, according to previous movements, we can see some growth middle of June and after again the correction till September cause summer is not really active for crypto even in bull run. Plus we still have descending volumes. Bullish signals: 1) Golden cross 2) Time cycles 3) Flag breakout (if will happen, can move SL) Doubts (or why to be careful): 1) Descending volumes 2) Weak market reaction 3) Summer season So I think we can long BTC from support line at around ~ 63.000$-65.000$ and I will suggest not to be greedy, take 30-50% with 10x leverage and close position. What's your thoughts?)
BINANCE:BTCUSDLong
by SheTradesHub
EUR/USDEUR/USD analysis: technical levels and factors to watch The EUR/USD rebounded on Friday after experiencing losses the previous day. The euro has been falling within a pattern that could either be a short-term bearish channel or a potential bullish flag. The upcoming week may clarify this, as key inflation data from both the US and Eurozone are anticipated, as mentioned. The underlying trend is arguably bullish following the break of the bearish trend line that had been in place since December. However, the subsequent loss of bullish momentum has reduced the appeal of the EUR/USD from a short-term bullish perspective. Still, the bulls will be content for as long as key support around 1.0800 area holds. Short-term resistance comes in at 1.0850, which was being tested at the time of writing late in the day on Friday.
Long
by AFFINITY_MARKETS
Hooked Protocol (HOOK)On the above daily chart price action has corrected 80%. A few reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action trend reversal. Higher highs replace lower highs. 3) Support and resistance. Look left. Price action prints support on past resistance. 4) The bull flag flagpole forecasts a move to 2.50 Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% Timeframe for long: Yesterday Return: Did you read the idea?
Long
by without_worries
1
Conflux (CFX) to $2.20On the above 3-day chart price action has corrected 80% since March of this year. (Remember 90% of traders lose money, this is now reflected in price action). A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action finds support on the Golden Ratio. How you should think of this, there’s more buyers now than sellers. 4) Notice the support on the 21-week EMA? (Blue circles). Look now where price action has confirmed support. 5) The bull flag. From the flagpole to the breakout a 1500% measured move is forecast. This is $2.20. 6) GRM support is confirmed. Is it possible price action continues to correct? Sure. Is it probable? No. Ww Type: trade Risk: <=6% Timeframe to act: Now Return: 1500%
Long
by without_worries
6