Get started

Pennant

Euro will exit from pennant pattern and rise to 1.0400 pointsHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time traded inside the range, where it declined to the resistance level, which coincided with the seller zone, and then dropped to the support line, breaking the 1.0460 level. Then price turned around and started to grow near the support line until it reached the resistance level, after which it turned around making an impulse down, breaking the support line, and entering to buyer zone. After this movement, the Euro bounced from the buyer zone and started to grow to the resistance level, but when the price almost rose to this level, it turned around and started to decline inside the pennant pattern. In the pennant, Euro declined to the support line, breaking the support level, after which rebounded and quickly rose to the resistance line of this pattern, breaking the support level one more time. And now, the price continues to trades near this line, so, for this case, I think that the Euro can correct to support line of pennant. Then it will start to grow and even can exit from the pennant, after which continue to move up next. Therefore I set my TP at 1.0400 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
7
Bitcoin can enter to seller zone and then start to declineHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price some time traded near the support level, which coincided with the buyer zone and then rebounded up, after which it started to trades inside the pennant. In pennant, price at once rebounded from the resistance line and dropped to the support line, but soon BTC turned around and made impulse up. Price rose back, after which made a correction to the buyer zone and then continued to grow. Later, BTC reached the resistance line of the pennant, breaking it, exiting from the pennant pattern, and soon breaking the resistance level, which coincided with the seller zone. Next, the price reached new ATH (108K) and then made impulse down inside the wedge, to support line, breaking the 96500 level. But soon, the price turned around and bounced up, so, after this BTC some time traded between support level until it later dropped to the support line of the wedge again and then started to grow. Bitcoin rose to the resistance line of the wedge, breaking the 96500 level, and then corrected the support line of the wedge, where it made a strong impulse up to the resistance level, thereby exiting from the wedge pattern. Now, I think that price can enter to seller zone and then start to decline. For this case, I set my TP at 101K points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
3
Just a little further Bearish pennant on the 15m goes hand in hand with the c wave on the 15 that xrp has been following all day. Expecting 2.80, potentially 2.40s butttttt I truly hope not because then things could get even worse. But staying positive, we see $2.80 then buckle up to $3.65, $4.10, and beyond 🚀 I'll be taking profits again all the way from $3 and down. Trade active from $3.26, last took profit at $3.16. Not financial advice do your own research. Be patient. We are making history!
by canadiandefi_diva
Constellation Network DAG Token - BREAKOUTSUsing traditional technical analysis, I've identified breakouts of a major multi-year consolidation, accumulation cylinder, and recent bull flag. All time highs should be achieved on hype once the US decides to list this token on exchanges, or if it is revealed by a major figurehead that the USAF and DoD are using this network to validate sensitive data. The 200 week SMA is a target that needs to hold as support, around 0.083. Elliot Waves - I believe a primary third wave began around 0.02 around Q4 2024 and that we're in an intermediate wave 3, or finishing corrective intermediate wave 2. I'm targeting 0.45 for this current wave structure, and also targeting on or around March 20th for a peak in euphoria.
CRYPTO:DAGUSDLong
by triplej333
4x Triangle breakout on Golds rising tide Bullish chart Looks like multi year triangle break out my guess is upside It could break out and stop at a fib target so guess round number is 80 at fib =1 I am tracking about 22% increase from here to gold base metal target so this is 4x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I don't know, lets wait and see its a multi year chart so muli year target Equites look over valued generally so this may be a safe haven in any bear market because it holds many tonnes of gold as per 1929-1935 when in relative terms you had price increase with dividends over 25x in bear or 50x to '35 or 74x incld divi by holding the gold mining stock at the time, plus FDR revalued the gold price. Logic is still the same it will be a bumpy ride as gold is sold to pay margin calls but overall there is a lot of money which will need to be parked. As fund mngrs see gold as a value stock because relatively to the equity index's its not going down as much. Gold in triangle breakout CRB in triangle breakout (Commodities Index) other Gold related mining stocks look very bullish too so confirmation across multiple shares and base metal index plus commodities index too Good luck to all and wishing you a mighty fine day! If later when you read this and its obvious by then we are in a bear and you dont know what to do this is a safe play for value fund mangers Yes they will sell gold to meet margin payments at first then they will start to hold Gold relatively and this company has a lot of gold in the ground which should act as a store of value. So its going to be a bumpy ride With multi year charts its hard to pinpoint breaks and get the timing right but the idea should be solid enough. A good pension play during difficult times. You may even get over performance and it shoots up to round number 100 ? too early to tell Also there are very long 100 yr / 40 year charts showing gold made a break out. Silver is also a play. This is a well known name, you need to check if they have hedged the price of gold, but the chart says triangle so break out up or down, we take the upside bullish breakout.
NYSE:GOLDLong
by William_Playfair
100% to ATH & huge flag and Tri target for over performanceBullish chart 100% on the table I am tracking about 22% increase from here to gold base metal target so this is 5x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I dont know, lets wait and see its a multi year chart so muli year target Equites look over valued generally so this may be a safe haven in any bear market because it holds many tonnes of gold as per 1929-1935 when in relative terms you had price increase with dividends over 25x in bear or 50x to '35 or 74x incld divi by holding the gold mining stock at the time, plus FDR revalued the gold price. Logic is still the same it will be a bumpy ride as gold is sold to pay margin calls but overall there is a lot of money which will need to be parked. As fund mngrs see gold as a value stock because relatively to the equity index's its not going down as much. 100% back to ATH higher flag target higher triangle target Gold in triangle breakout CRB in triangle breakout (Commodities Index)
NYSE:NEMLong
by William_Playfair
Euro can fall to buyer zone and then start to move upHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price entered to pennant and started to decline. In this pattern, the price fell to the 1.0355 level and broke it, after which continued to decline to the buyer zone. In the buyer zone, the price reached the support line of the pennant and started to grow near this line, and later reached the resistance line. Soon Euro exited from the pennant pattern and rebounded up, higher than the 1.0355 resistance level, after which it made a small correction and then started to decline inside the downward channel. Inside this channel, the Euro broke the 1.0355 level one more time and fell to the support line, after which tried to reach the resistance line, but when it almost touched it, the EUR dropped to the buyer zone, breaking the 1.0250 support level. Next, the price fell to the support line, after which made a strong upward impulse, thereby exiting from the channel and breaking the 1.0250 level again. Euro some time traded near this level and then rose to the resistance level, after which started to decline. In my opinion, the Euro can fall to the buyer zone and then start to move up to the 1.0355 resistance level, where is locates my TP. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
8
Gold will little correct and then to continue grow in channelHello traders, I want share with you my opinion about Gold. The chart shows how the price entered to seller zone, where it reached the mirror line and then dropped to the buyer zone, breaking the 2710 level. After this, the price bounced up from the buyer zone but soon corrected back. Then Gold made a strong upward impulse to the seller zone, breaking the mirror line again. In the seller zone, the price started to decline inside the downward pennant, where it broke the 2710 level one more time and fell to the support line of this pattern, breaking the support level too. Gold some time traded below the support level and later it exited from the pennant pattern, reached this level, and broke it, after which continued to grow. When the price reached 2662 points, the price corrected the buyer zone and then started to grow inside the upward channel. In the channel, Gold rose to the resistance line and then corrected to the support line, after which continued to move up to the resistance level. Recently price reached this level and even try to break it, but failed. For this moment, I think that Gold can correct to support line of the channel and then rise to the resistance level back. After this, XAU can break this level and continue to move up inside the channel. For this case, I set my TP at 2740 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
1
Bitcoin futures eye breakout from falling wedgeBitcoin futures are threatening to break out of the falling wedge established in early December, testing resistance during Asian trade. With RSI (14) through its downtrend and MACD set to cross over from below imminently, momentum is swinging in favour of the bulls, bolster the case for upside. If we see a clean downtrend break, longs could be established with a tight stop beneath for protection. Depending on the risk-reward sought, potential targets include the highs set in early January or record high of $108,945. If the price is unable to break and hold above the downtrend, it would lessen the appeal of initiating longs. Good luck! DS
CME:BTC1!Long
by FOREXcom
HBAR/USDT Breakout Alert: Ready for a 150%+ Pump!!🚀 Hey Traders! 👋 If this setup excites you, hit that 👍 and smash Follow for high-impact trade ideas that deliver real results! 💹🔥 HBAR: Gearing Up for Liftoff! 🚀 HBAR is looking 🔥 right now, breaking out of a bullish pennant-like structure. This could be the start of a massive 150–180% pump! Time to get in and ride the wave. 🌊 📈 Trade Plan: Entry: CMP (Current Market Price) and add more up to $0.30 Targets: $0.42 / $0.54 / $0.68 / $0.90 Stop Loss: $0.275 Leverage: Keep it low (max 5x) 💡 What’s Your Take? Do you see HBAR’s explosive potential here? Drop your analysis, strategies, or predictions in the comments below! Let’s conquer this market together and secure those profits! 💰🔥
Long
by CoreCrypto1
EURO - Price can continue move up to $1.0420, exiting of pennantHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price started to decline inside falling channel, where it bounced from support line and rose to resistance line first. Then Euro turned around and dropped to $1.0380 level, some time traded near and later broke it. Next, Euro exied from channel and fell to support level, after which bounced from this level to $1.0380 level. Price broke this level, but soon it turned around, broke this level again, and started to decline inside pennant. In pennant, EUR fell to support line, after which rose to resistance line of this pattern, breaking $1.0245 level. Now, I think that Euro exit from pennant, reach resistance level, and break it, after which continue to grow to $1.0420 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
5
Bitcoin can make movement up and then drop to 93600 levelHello traders, I want share with you my opinion about Bitcoin. The chart shows how the price rose to the support level, which coincided with the buyer zone, broke it, and continued to move up. Later BTC corrected to the support level, after which rebounded up to 103500 points, after which it dropped to the 90400 level, thereby starting to trades inside the pennant. Also then, the price turned around and made an impulse up from the support line of the pennant and rose to the resistance level, which coincided with the seller zone, after which corrected the support line. Then BTC rebounded and in a short time rose to the resistance level again and this time it broke it and continued to move up to the resistance line of the pennant. When the price reached this line it exited from the pennant and reached new ATH (108K points) and then made a downward impulse inside the downward wedge. Price broke 100000 with 93600 levels and fell to the buyer zone, where it reached the support line of the wedge and rebounded from it to the resistance level. Later Bitcoin corrected the support line again and then in a short time rose to the resistance line of the wedge pattern, after which dropped back. Recently price bounced from this line, broke the 93600 level, and now continues to grow. For this case, I expect that the price can make one more move up and then correct the 93600 support level. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
4
HelenP. I Bitcoin can make small move up and then drop to $90KHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the resistance 1, which coincided with the support zone, and then at once rebounded and started to grow. BTC in a short time rose to a 2nd resistance level, which coincided with the resistance zone, and then made at once small correction. After this movement, BTC turned around, quickly broke the 97300 level, and even rose slightly higher than the resistance zone. Price so long trades near this area and later made impulse up to trend line. When it reached this line, BTC turned around and started to decline inside the pennant pattern. In this pattern, Bitcoin soon broke the 97300 resistance level, made a retest, and continued to decline to resistance 1. After the price reached the 93200 level, it broke it and fell to low points of the pennant (91185) after which it turned around and quickly rebounded up, breaking the 1st resistance level one more time. Next, the price some time traded near this level and then reached the trend line, after which it dropped back. Recently, the price broke the 93200 level one more time, thereby exiting from the pennant and now I expect that BTCUSDT will make a small movement up and then continue to decline. For this case, I set my goal at 90000 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
8
Full Truck Alliance Co. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Full Truck Alliance Co. Ltd. Stock Quote - Double Formation * (Uptrend Argument)) | Completed Survey * 10.50 USD | Area Of Value | Subdivision 1 - Triple Formation * 012345 | Wave Count | Subdivision 2 * Numbered Retracement | Subdivision 3 * Daily Time Frame | Entry Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:YMMLong
by TradePolitics
Idea for ZetaChainHello, fellow traders! This is my analysis on ZetaChain. 1️⃣ Analysis There is a lot to cover for ZetaChain, 1. The uptrend channel (marked with white lines in the chart) has been broken below on Dec 18th. This potentially meant that the price may reverse its trend into bearish. 2. We then see a bearish pennant (marked with red lines) – breaking below the pennant would further increase the likelihood of a downtrend. And we see a breakthrough on the 9th. 3. Even better, we see an attempt to reenter the pennant on 10th with upper wick touching the pennant but fails as the price continues its decline the next day. We now see three consecutive bearish candles including today. In an hourly chart, we see another Rising Wedge pattern. The price broke below on Jan 12th, 01:00 ET. There were two attempts of recovery after the breakthrough – both failing. 2️⃣ When did I enter? This post is going to be different from my previous posts as I’ve already entered trading for ZetaChain – I’ve entered short and here is how and when I did so. I’ve closely watched the hourly chart of Bitcoin as the market tends to follow its movements. I’ve observed Bitcoin’s hourly candle breaking below the consolidation box, waited for the next candle to touch the box again to confirm the rebound. The next candle indeed touched the box but eventually closed as red, which is exactly what I wanted to see. (Check the chart below!) This is when I entered short for ZetaChain, entry price being 0.499. The price of ZetaChain is 0.4855 as I write. I suggest splitting your entries by checking smaller intraday timeframes such as 5min, since entering a massive size at once could be risky. Above is the 5min chart and you will see the yellow dotted resistance line I drew – this line helped me figure out where to order new entries. If we are trading long, we would draw support lines. 5min chart is very volatile and major trendlines will have to be adjusted frequently. Also, check the Bitcoin chart regularly to expect the price movements. 3️⃣ Target price Our target price would be 0.4222, which is right above the Heavy Support Zone. If the price reaches the target price, we will close half of our position and watch the market further. But always remember that the target price is often an idealized figure - it typically represents the absolute maximum profit we hope to achieve from a trade. I've learned that the price may never reach this ideal target, and I shouldn't wait for it. 4️⃣ Considerations There are a LOT to consider for this trade – not only ZetaChain, but the crypto market in general. CPI Inflation rate for December is being released this Wednesday. The current forecast of the Core Inflation rate YoY is 3.3% - unchanged from the previous one. The inflation rate forecast is 2.8%, 0.1% higher. If the forecast is accurate, as it usually tends to be, the market could face positive sentiment. The positive trend might continue until 20th, when Donald Trump enters his office as POTUS. (Check the chart below.) However, the Fed announced last December that there would be fewer rate cuts this year and with the inflation rate still being higher than the Fed’s 2% target, the Fed might decide not to cut the rate this month. This could hurt the market. The interest rate decision will be held on the 29th. 44.26 million tokens are also being unlocked on Feb 1st. Token unlocks can often negatively impact the price of the crypto. React, don't predict! Stay disciplined and patient. Don't get greedy and be thankful. God bless :) 1 Chronicles 29:14
Short
by QJEEE
XRP Showing Bullish Momentum with a Bullish Pennant Pattern!XRP is displaying strong bullish momentum as it forms a classic Bullish Pennant Pattern. Over the last few days, XRP has made impressive moves, finding support at the 50 EMA and bouncing off it. This sets up a target price of $2.60 in the near term. 📈 Currently, XRP is consolidating within the pennant. If we see a breakout above the upper trendline, the next target could push the price to $2.80 or higher! This bullish continuation pattern suggests more upside potential for XRP in the days ahead. If you're excited about XRP's performance : 👍 Smash that like button! 🔔 Follow me for regular updates! 💬 Leave a comment if you have any questions! Stay tuned as XRP gears up for its next move! 🚀
COINBASE:XRPUSD
by CryptocurrencyWatchGroup