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Pennant

BTC's Situation: What Shall we ExpectHi. BINANCE:BTCUSDT Today, I want to analyze BITCOIN for you in a 1D time frame so that we can have a MID-term view of BITCOIN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ BITCOIN is in a Bullish Flag Pattern.The Price is gonna Increase soon,The break out needed for increasing further has not happened but it should happen pretty soon. ✅ Due to the Ascending structure of the chart... 🟢 BITCOIN has been Bullish Recently! 🟢BITCOIN is in a Bullish Flag 🟢(AB=CD) 🟢Price is gonna Reach GETTEX:92K 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!!
Long
by CobraVanguard
🚩TRX can Go Down By Bearish Pennant Pattern🚩🏃‍♂️ TRX is moving in the 🔴 Heavy Resistance zone($0.150-$0.122) 🔴 and Ascending Channel . 📈Also, TRX has managed to form two Classic Patterns ; the first pattern is the Rising Wedge Pattern , and the second pattern is the Bearish Pennant Pattern . 🔔Currently, TRX has managed to break the bottom line of the Rising Wedge Pattern, and I expect TRX to continue its decline , at least to the lower line of the ascending channel . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. TRON Analyze ( TRXUSDT), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
5
Bitcoin to 100K using "blue" bars toolSo the having date is approaching. I randomly used bars tool to copy the price action of bitcoin and I noticed the bottom S/R provides support and resistance. The pattern repeating would give us a nice post halving dump/fake-out/short squeeze, then full on breakout. This takes us to our target at 98K. Really, it will NOT play out exactly like this. BTC always does it own thing and I am NO expert at this kind of thing, I am really new to it but however, I think the bullishness lately tells me the end goal remains no matter how we get there!
Long
by iceguy154
Bitcoin can make small correction and then continue growHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price recently rose to the resistance level, which coincided with the seller zone and even entered to this zone. However, it soon turned around and made a downward impulse lower the 66500 level, breaking it and the 71000 level too. After this, the price declined lower buyer zone, but later BTC turned around and started to move up in upward channel, where the price soon reached the 66500 level and broke it again. Then price in a short time rose to the channel's resistance line, after which it fell to the support level back, and then at once continued to move up. Soon, Bitcoin reached a resistance level, after which it broke it and soon exited from the channel, but then the price turned around and started to decline in a downward pennant. In this pattern, the price declined lower 71000 level, breaking it one more time, and soon fell to the support line of the pennant, after which BTC in a short time rose back to the resistance level. But a not long time ago, the price rolled down from this level and now trades close to the resistance level and line of the pennant. So, in my opinion, Bitcoin can fall to the support line and then bounce up to the seller zone, thereby exiting from the pennant and breaking the resistance level. After this, I also think BTC will continue to move up, therefore I set my target at 72200 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
Complete BULLFLAG form .. breakout preparing Complete BULLFLAG and pennant of it. This is a complete bullish form to breakout bullish; I don’t see any signs of bearish but Shiba is on fire keeping the bulls stable.. During breakout Shiba should get visit back to the recent all time highs and should meet new all time highs; but it doesn’t stop there until Shiba hits $0.01 including $1 Shiba is already now preparing to burn trillions of dollars. So be sure you have over $1 million Shiba tokens and hold it.. if you’re going to buy more go for it. Shiba will skyrocket soon if Shiba breaks out bullish then Shiba will out pace other coins and will have trouble to catch up.
CRYPTO:SHIBUSDLong
by JoyBoyVegae
3
SHIBA: Important Pattern - UP or DOWN? 👀👇📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find it here: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:SHIBUSDT
by CryptoCheck-
1
Upward momentum of 10% -15% in IOC expected on BOSIOC has seen a consolidation on DTF (bullish pennant) after almost a consolidation of more than 60 days. Confirmation to be given on break of structure. The company has a upwards of 500% increase in EPS QoQ growth for the last 3 quarters and increase in institutional interest. Good for swing traders. Can expect an upward momentum of a min of 10-15%. Targets plotted on the chart. Entry - INR 175 SL - (DL) TSL - According to your risk profile. Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
NSE:IOCLong
by Rokdevildivine
Triangle BREAKOUT on #BTCAs mentioned in the earlier post, the support level of over 65,000 remains intact. Yesterday witnessed a significant breakthrough with Bitcoin surpassing the $71,000 mark. Consequently, as long as the price of BTC maintains its position above $70,000, there's a strong indication of a potential new all-time high in the near future. Additionally, it's worth noting that the MACD indicator is showing signs of convergence, with a near crossover. DYODD.
COINBASE:BTCUSDLong
by EL_STOCKTROOPER
1
HelenP. I Bitcoin will make correction and then continue to growHi folks today I'm prepared for you Bitcoin analytics. A few moments ago price reached the trend line and then at once rebounded from it and made a strong impulse up to support 2, which coincided with the support zone. As well, BTC started to trades in a pennant pattern, where soon price broke support 2 and made a retest. After this, BTC some time traded near this level and then made impulse up again to support 1, which coincided with the resistance zone and even entered to this zone. But soon, BTC turned around and in a short time declined to support 2, breaking support 1 one more time. After this movement, BTC rose back to support 1 and some time traded near this level, after which rebounded and fell to the support line of the pennant, which is the trend line too. A not long time ago Bitcoin rebounded from this line and made a strong impulse to higher support 1, thereby breaking it one more time and exiting from the pennant pattern. Now, the price continues to trades in the resistance zone and I expect that Bitcoin will make a little correction, after impulse up, and then continue to rise. For this case, I set my target at the 76000 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3
Enzyme (MLN), Pennant breakoutOn the above daily chart price action has consolidated for approximately 20 days to form a pennant formation. A breakout occurred today. The pennant breakout occurs on past resistance, which now confirms as support. The forecast is straightforward enough with the flagpole measuring a 60% move to the upside. The target area is not to be confused with a market top. Is it possible price action continues to correct further? Sure. Is it probable? No Ww Type: trade Risk: You decide Timeframe for long: 24-48hrs Return: 60%
Long
by without_worries
2
Swiss Franc can exit from pennant and try to break support levelHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago broke the support level, which coincided with the buyer zone and rose a little higher, after which CHF made a retest to the 0.8840 level. Then, the price entered an upward pennant and made at once strong impulse up from the support line to the current support level, which coincided with the support area, but when CHF reached this level, it made a fake breakout and fell below. After this, the Swiss Franc in a short time rose back to the 0.9000 level and broke it, after which continued to move up. But soon, the price rebounded down to the support area, where it some time traded and then rose to the resistance line of the pennant. Next, CHF turned around and declined back to the support area, where at the moment, it continues to trades near the support level and line of pennant. In my opinion, the Swiss Franc can rise from the support line to almost the resistance line of the pennant and then rebound down to 0.8935 points, thereby exiting from this pattern and breaking the current support level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
BTC Bullish Continuation & Future predictions Bullish pennant has formed on CRYPTOCAP:BTC , price is currently ranging. We'll see a break to the upside sooner or later after the range is done. Expect new ATH's, this is possibly the final leg up before we hit complacency & mass retail enter. We'll arrive at bear szn once again. CBDC's will be pushed through globally 2025+. All thanks to crypto (Trojan horse) warming up the stage, to allow for a digital global currency. People are now used to the idea of digital money - especially and most importantly Gen Z who are the future. Crypto is not 'freedom'. Cash is king, it's non traceable - You can track crypto through blockchain. Everything is documented. Only a matter of time till UBI's will arrive as well. Universal basic income, which will be digital. AI will replace most jobs, and this will be the 'solution'. Limited spend, and maximum gov control. This should make you question who the real founders of BTC is. The wealth gap is widening and will only get worse, it's now or never to set your generations up to free from the system. Don't sleep on this era - You're on this timeline for a reason.
Long
by selenk
Identifying a Bullish Pennant on Meta's 1-Day ChartThis lesson examines a potential bullish pennant forming on Meta Platforms Inc. (META), formerly Facebook, on its 1-day chart. What is a Bullish Pennant? A bullish pennant is a continuation pattern in technical analysis that suggests an asset's price is consolidating after a strong upward move. It's characterized by two converging trendlines, forming a pennant shape. The target price for a bullish pennant breakout is typically the height of the pennant added to the breakout point. Identifying the Bullish Pennant on Meta's Chart: On Meta's 1-day chart, we can observe: Price Consolidation: Following a significant price increase, the price appears to be trading within a narrowing range between two converging trendlines. This consolidation phase suggests a potential pause before the uptrend resumes. Target Price: By measuring the height of the pennant (the vertical distance between the trendlines), we can estimate a potential target price upon a breakout. Adding this height to the breakout point (the price where the price decisively breaks above the upper trendline) provides a preliminary target. In this case, a breakout above the resistance level could suggest a target price of $690 Important Considerations: Confirmation from Other Indicators: While a bullish pennant is a positive technical signal, it's not a guarantee of a price increase. Look for confirmation from other technical indicators like: Volume: Increasing volume on the breakout can strengthen the bullish case. Moving Averages: A rising 50-day or 200-day moving average can indicate an underlying uptrend. Relative Strength Index (RSI): An RSI value below 70 on the breakout suggests the stock isn't overbought, potentially allowing for further price appreciation. Market Context: Consider any recent news or events that might be impacting Meta's stock price. Positive news can fuel the breakout, while negative news could hinder it. Support and Resistance Levels: Identify key support and resistance levels on the chart. A breakout above a resistance level is more significant if it's accompanied by increasing trading volume. Target Price: The target price based on the pennant pattern is an estimate, and the actual price movement could deviate significantly. Conclusion: The potential bullish pennant on Meta's chart suggests a possible continuation of the uptrend. However, it's crucial to use this information alongside other technical indicators, fundamental analysis, and proper risk management practices before making any investment decisions.
NASDAQ:META
by ParabolicP
3
Pennant on LAURSLABSLAURSLABS formed a Pennant on weekly chart. Price had a good runup prior to formation of pattern with high volume. It also had low volume upon formation of Pennant (i.e. during consolidation). Breakout has happened with above average volume as well. Entry is just above today's high with stop loss just below today's low. This setup has an ideal risk reward ratio. A typical text book setup. Hope you like this analysis. If you like this idea please boost this idea or leave a comment below on what your view is. I'll be happy to hear from you. Otherwise, happy trading :-)
NSE:LAURUSLABSLong
by digijagan
Bitcoin can correct to support line and then make impulse upHello traders, I want share with you my opinion about Bitcoin. A not long time ago price rebounded from the support level, which coincided with the support area, and in a short time rose to 69000 points, after which turned around and made a strong downward impulse to lower the 64800 level, breaking it. After this movement, BTC started to trades in an upward pennant, where rebounded from the support line and quickly rose to 68200 points, breaking the support level again, but soon price repeated a downward impulse and fell back to the support line, breaking the 64800 support level one more time. Soon, BTC started to grow and in a short time reached the support level, broke it, and finally continued to move up to the resistance level, but firstly it made a retest of the support level and only then continued to grow. When the price reached a resistance level, which coincided with the seller zone, BTC broke it, and some time traded in this zone, after which made a small correction below. Later price rose to the resistance line of the pennant, after which rebounded down, and at the moment price trades very close to the resistance level. For this case, I think that Bitcoin can make a correction movement to almost the support line and then the price will impulse up a higher resistance line and 70500 level, thereby exiting from the pennant. After this, I think BTC will continue to grow to 72500 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
ICP Road Map🗺️!!! situation+next targets.Hi. COINEX:ICPUSDT Today, I want to analyze ICP for you in a 3D time frame so that we can have a mid-term view of ICP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Bullish pennant is on the table on 3D timeframe🔍 Looking for a break out and more upside📈 ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD - Ascending pennant 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!!
Long
by CobraVanguard
1