Apple Melt Up - Dont Fight ItI think Apple can push a 20% stock move from their recent AI announcement that kicked off on June 11. I don't think there's any appetite to sell or short when AI is melting up right now and now APPL joined the play. I think a move to $230 is reasonable. Breaking out of the 2 day flag pattern today.
15% envelope above 21 ma was last breached in the summer* of 2020. Would sell above that limit.
Flag
Bearish Flag Pattern in Combo Coin Crypto"Analysis:
Chart Pattern: Combousdt Coin Crypto is currently displaying a Bearish Flag pattern, indicating potential downward movement.
Breakout Potential: The pattern suggests a likely continuation of the downward trend once the flag breaks.
Target Price: Estimate target prices based on the height of the flagpole.
Stop-Loss: Set a stop-loss slightly above the flag's upper boundary to manage risk.
Binance Coin - The $70.000 price target is real!Hello Traders and Investors, today I will take a look at Binance Coin .
--------
Explanation of my video analysis:
Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways ever since. Currently it seems like Binance Coin is preparing another bullish breakout, which could lead us all the way up to $70.000 in the future!
--------
Keep your long term vision,
Philip (BasicTrading)
SPX LONGI'd like to share this SPX analysis I have with you guys from today. We have a very clear bull flag we just have to wait for the perfect entry at the break of the upper trendline where i have the green oval.
I'd like to see a close of a higher timeframe (1HR/4HR) candle to confirm break of bullflag for further continuation to the upside.
Also, consider that we have a gap that needs to be filled in the yellow rectangle area you see highlighted.
Always remember to have a stop-loss in place. Not every pattern is always bound to be successful. Patterns can also be a "failed pattern" sometimes.
As always, HAPOY TRADING :)
XAUUSD LONGThis is hat I have mapped out so far, if you look at my previous post I was originally bearish but now I think once we break the green trendline we have a push upward :)
we had a nice dump from our bear flag (look at previous post) but it didnt really give the dump I wanted.
lets see where this goes :) HAPPY TRADING!
AUDCHF: Bearish Outlook Explained 🇦🇺🇨🇭
AUDCHF formed a bearish flag pattern on a 4H time frame,
after quite a strong bearish movement.
Breakout of the support of the flag is an important bearish signal.
The pair may keep falling now.
Goals: 0.5899 / 0.5880
❤️Please, support my work with like, thank you!❤️
Crypto ready for a cookoff?Revisiting a weekly chart of a 9 symbol crypto mega cap index (BTC, ETH, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC) one can't help but notice price resting on a shelf that was formed during momentum running deep into overbought territory. As the shelf is more or less flat for many months, we see momentum cooling into saner levels.
Price could continue to base out in what turns out to be a bullish flag, especially with the Nasdaq 100 ripping fresh records, inflation cooling, rate cuts likely etc... It's also a scary place to think about going long on crypto though as there's a big gap down to the major support level!
GOLD (XAUUSD): Classic Bearish Pattern
I spotted a strong bearish pattern on Gold on an hourly time frame.
After a strong bearish rally that initiated on Friday last week,
the market started a correctional movement within a rising channel - a bearish flag pattern.
A breakout of the support of the flag is a reliable bearish signal.
Probabilities are high that Gold will drop at least to 2295
❤️Please, support my work with like, thank you!❤️
BTCUSDT | New ATH Incoming?🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action!
Breakout Alert
Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards!
Targets
While my exact target is still undecided, there's a ton of liquidity at $72k. Breaking through this could propel the price to an eye-popping $90k without a doubt!
This setup is too exciting to miss. Let’s see how this plays out!
UNIUSDT | Breakout Alert 🚀 Get ready for an exciting move—UNIUSDT is gearing up for a classic breakout!
Volume Surge
With solid volume backing this breakout, we could see UNIUSDT push significantly higher.
Market Conditions
As long as no black swan events occur, this setup looks incredibly promising.
Let’s watch and see how high UNI can soar!
AUDIOUSDT | Volume Surge to New Highs?Market Context
Today, we've seen a slight volume increase in AUDIOUSDT, potentially signaling a move higher by the end of the day. We've broken the previous 1H high and trendline, setting the stage for an exciting run!
Strategy
With the market expected to be quiet today, small tokens like AUDIOUSDT could see quick pump-and-dump action. Let's capitalize on this opportunity and see how it plays out!
Stay tuned—this could get interesting fast!
DOGUSDT | Recently Listed on Bybit Market Context
DOGUSDT has just been listed on Bybit and is currently in a downtrend. But don't let that fool you—this could be an excellent setup!
Strategy
I'm expecting the downtrend to continue for a few more days before we see a significant pump. This gives us a perfect window to capitalize on the current movement.
Let’s ride the trend and prepare for the pump—stay tuned for updates!
FLOKIUSDT | Another Small Correction Downside?🐶📉 Market Context
Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible!
Strategy
Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the market's momentum!
Let’s dive in and see how it plays out—stay tuned!
BENDOGUSDT | Ready for Continuation?Market Context
Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely!
Chart Analysis
Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout.
Strategy
While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out.
Let’s watch BENDOG soar—stay tuned!
GOLD (XAUUSD): Ahead of CPI, FOMC & FED Rate Decision,Your PlanTraders, please keep in mind that we have important economic events such as the US CPI & FOMC, as well as the FED Interest Rate decision later today. Here is my analysis for GOLD before the news.
The pair recently broke through a key daily support level, leading to a new lower low and a correctional move. On the 4H chart, a bearish flag pattern is evident. A break below the flag's support would indicate a strong bearish trend and trigger a sell-off.
It's important to note that the previously broken support level now acts as a strong resistance level.
On the other hand, a bullish breakout above the highlighted supply zone with a 4H candle closing above it would signal a strong bullish move.
HIFIUSDT | Ready for a Move Higher?Market Context
Is HIFIUSDT poised to climb from this point? It’s looking possible!
Chart Analysis
We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound.
Strategy
This is a risky trade, but I’m a risk-taker! I’m betting on a bounce and aiming for our profit target. Let’s see if HIFI hits the right notes and moves higher!
Stay tuned for updates and let’s watch this play out!