📉Gold prediction / Suggested Price Pattern📈FOREXCOM:XAUUSD
OANDA:XAUUSD
Hello dear traders.
If the price does not consolidate above the $2152 level, a bearish scenario will occur.
On the other hand, if the price receives strong support at the bottom of the pitchfork or stabilizes above the 2-hour Bollinger Midline, the bullish scenario will increase the price to the yellow zone.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
Flag
0.007 ($1k/$400B MC) SOL @ Halloween, 6 month bull flag breakoutAfter the multi-month cup & handle (inherited from btcusd), upside breakout.
A bull flag over the last 6 months had formed, and finally broken out this week.
Expect continuation of this bullish pattern throughout 2024 leading into the 2025 bull run.
Despite the lack of decentralization & costs for running a node, solana is the #1 blockchain by many metrics. Users will continue to be onboarded via meme coins and become solana defi advocates, leading to more adoption.
BTC will become prohibitively expensive for the masses, leading to financial security decisions made to hodl the base layer token.
Tesla - Confirmed BreakdownHello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price which I do expect Tesla to retest. Then you can absolutely consider long setups again on Tesla stock.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
UMA BULL FLAG BREAKING OUT!UMA crypto is basically a decentralized financial protocol that lets people create synthetic financial products on the Ethereum blockchain. With UMA, you can make and trade synthetic assets tied to all sorts of things like cryptocurrencies, stocks, commodities, and more. It's like opening up access to global financial markets without relying on traditional middlemen.
Now, let's talk about the technical analysis:
UMA is forming a bull flag pattern. That's when the price of an asset shoots up really fast (the pole) followed by a period where the price consolidates with a downward-sloping triangle shape (the flag). This pattern is seen as very bullish because it suggests a temporary consolidation period before a strong upward trend continues.
In this analysis, we're using Fibonacci retracement tool to figure out price targets for both short and long term.
For the short term, looking at the bull flag pattern, we can use Fibonacci retracement from the highest point (the pole) to the lowest point (the flag). From there, we can see that the price target falls in the range of $8.7-$11.5. This indicates a potential significant price increase in the near future.
Meanwhile, for the long term, the price target can be determined by extending Fibonacci retracement from the lowest point before the flag pattern (before the sharp price increase) to the highest point of the pole. In this case, we're seeing a target in the range of $18-$25, suggesting a larger potential price increase over a longer period.
However, it's important to remember that technical analysis is just a tool to inform trading decisions, and it doesn't guarantee future price movements. Always do your research and manage your risk wisely when trading cryptocurrencies.
EWZ May Fall Down to 30.75 - 30.45 in the Medium TermAfter breaking bellow a bearish flag-like consolidation, EWZ reached the contracted objective point at 32.00 in an agreement support zone. Market is now testing the broken line from the downside in a pull back movement. If the broken line can hold the market, EWZ tends to reach the next target in the objective point area at 30.75 - 30.45, which is also an agreement support.
PANCAKESWAP #CAKE Bull Flag pointing to ~ $7Cake is the yield farming incentive token and major LP pair on Pancakeswap
And was a major winner in the last cycle
People were buying Rolex's off cake rewards from pools alone!
So it's bear market is clearly over.
And the chart appears a #DEFI season is upon us.
Current price action suggests a Bull flag.
Entry points matter - but bull markets correct mistakes if you are long.
Good luck to all.
MRCB Breakout From DT Line - Good Price to EntryThis undervalued construction and property player in Malaysia, MRCB has shown good performance recently. Pullback from the 52Wk high at 0.705, the price now stabilize around 0.56 to 0.59.
The intrinsic value for Malaysian Resources Corporation Berhad is RM9.91 based on Discounted Cash Flow Valuation, that is discounted 94.2% from current price.
Price now recently break from downtrendline (refer chart) and need to break MID BB (MA20) at daily timeframe to confirm the uptrend mood. My price target using fibo is at TP1 D: RM0.795, TP2 D: RM1.03
Hold for long term investment! cheers
AUDCHF : Bullish Trend Continues?📈AUDCHF is currently testing a former resistance line that is now acting as support in a bullish flag pattern, following a successful breakout above a significant horizontal resistance level.
Given the pair's strong bullish trend, it is likely to continue moving in the same direction. The targets for this movement are at 0.5826 and 0.5860.