BUY Zone for INJINJ has a bullish run at the start, and is consolidating and forming a penant.. Buy zone is mentioned on Chart.
INJ is the most bullish project this season.
Pennant
Neutral - Watching Pennant/Triangle Consolidation PatternCisco is having trouble getting past the high from the tech bubble at the turn of the century. Keeping an eye on this chart pattern that has formed as it consolidates (may take several more years to play out). I won't short if it breaks down, but I'm watching for a potential upward breakout to trade on (looking for a decisive monthly close above the green tend line ideally with significant volume).
Breaking out of a bullish flagNASDAQ:EA has broken out of the flag pattern and has lots of upside. I'm looking for ~160 as a price target.
This will be interesting|Oil Mid Term PlayLets focus on Feb.'23. Price came from a downtrend, and consolidated under its last support structure to only selloff again.
At the same time, price has been coiling for a move to the upside. This is where we go from $67 to $94 and the range is now formed.
Fast forward till today and yet again we have similar price action like we did last year around today.
TOTAL 3 ~ Potential Breakout in April 2024TOTAL 3
Altcoins minus BTC & ETH
✅Price has broken above the 200 DSMA
✅Price has broken out of the pennant
⏳126th week is 1st April 2024
Earlier today I shared TOTAL 2 which includes CRYPTOCAP:ETH and suggested that including ETH altseason could initiate from Feb/Mar 2024.
TOTAL 2 breaking out ahead of TOTAL 3 makes a lot of sense as this is what has happened in prior cycles
FIRSTLY, bitcoin leads the whole market like it has been.
Secondly, liquidity moves into Layer 1 altcoins like CRYPTOCAP:ETH , CRYPTOCAP:ADA & EURONEXT:ALGO = TOTAL 2 in Feb/Mar
Thirdly, liquidity moves into Layer 2 altcoins like CRYPTOCAP:IMX , CRYPTOCAP:MATIC & NASDAQ:OP (TOTAL 3 in Mar/Apr)
After that the Memecoins and shxtcoins have their wild runs, which usually coincides with peak euphoria and the end of the bull market or a sizable correction. This is why you leave the gambling with small small positions until later in the cycle for those memecoin plays.
I hope this helps you frame the timeline of the market in you mind. It may not happen exactly as outlined with the dates but the sequence will likely be the same so we can watch out for Layer 1's and Layer 2's moment next.
PUKA
TOTAL 2 - Feb/Mar 2024 Key Months for bullish price action TOTAL 2
Crypto Total Market Cap Excluding BTC
✅Above 100 week SMA
✅End of 149 week Cycle (new bull cycle starts)
✅Break above POC
🚨One last pull back (Make it count)
March 2024 is looking like a key month
(You have 4 weeks ~ dip the beak)
We watch for a failure too, if we lose the 100 week (first warning) and if we exit the lower pennant with a close....GET OUT.
PUKA
Is a Rally Brewing? Technicals Signal Bullish Sentiment for AMDAMD Chart Analysis: Potential Bullish Signal on 4-Hour Timeframe
I've observed a potential bullish pennant pattern forming on the 4-hour chart for AMD. This pattern often precedes price breakouts, with a target of $230 based on standard technical analysis measurements. However, it's crucial to remember:
Technical analysis is not a guarantee of future results: Past performance doesn't predict future outcomes. Consider this pattern as a possibility, not a certainty.
Thorough research is essential: Conduct your own research, analyze fundamental factors, and understand the inherent risks involved before making any investment decisions.
Risk management is paramount: Always prioritize risk management strategies like stop-loss orders, regardless of technical signals or price targets.
Alchemix ($ALCX) Bullish OutlookAlchemix ($ALCX) is so undervalued right now, a hidden gem of De-Fi projects.
Falling wedge spotted in 1W time frame, if the price break the swing high then we are good to go. My target is the first major resistance/supply area around 250-400 USD. Don't miss out on this, atleast buy some small amount you will thank yourself in the future.
BTC might move back inside the ascending channelThe shoulder head shoulder pattern may result in an upside move. Long trade can be opened if BTC can make a nice retest coming out of the ascending triangle.
In case of a rise, the 44k level will be quite critical. If it goes above this level and makes it a support level, the rise may continue until the top of the channel. If it cannot close above it, a retreat to current levels is possible.
Watching to see if we break the up side of a long term triangleNASDAQ:EA The daily chart shows a pennant forming, which has been broken by closing above the top of the pennant @ $140.
In the weekly view (shown here), there's a triangle pattern. Top of the triangle is ~$151 and was established in 2018 and tested in 2021. If the top of the triangle is tested and broken (closing above $151 for the week), then this has a lot of upside.
If $151 is tested and rejected, then we're heading back down to test the lower edge of the triangle.
Good Luck!
ETHEREUM - Price can break resistance level and continue to growHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price traded in flat, where it declined below $2285 support level, which coincided with support area, but soon backed up.
Then ETH made strong upward impulse to $2715 points, thereby exiting from flat and starting trades in pennant.
In pennant, price at once bounced down from resistance line to support line, making fake breakout of $2540 level.
Later ETH bounced from support line and soon rose to resistance line again, and recently broke this line.
Thereby price exited of pennant and now price trades very close to resistance level and I think ETH can reach it.
After this, possible that Ethereum can break this level, make retest, and continue rise to $2680 level.
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Bitcoin can little correct and then continue to move upHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago traded in the range, where it firstly declined to the 41500 support level, which coincided with the buyer zone, but soon BTC turned around and made impulse up higher than the bottom part of the range, thereby exiting from it. Next, the price entered to the pennant, where it rose to the resistance line, after which it made a strong downward impulse to the support line, thereby breaking two levels - 47000 and 41500. Later price turned around from the support line and in a short time rose higher than the 41500 level, breaking it one more time and little time later BTC reached the resistance line of the pennant and broke it too, exiting from the pennant pattern. After this movement, Bitcoin rose to its current support level, which coincided with the support area, and recently broke it also, after which the price made a retest and continued to move up. At the moment, the price trades near the support area, and in my mind, Bitcoin can correct to the support area, and then BTC will bounce and continue to grow. For this case, I set my target at the 49900 level. Please share this idea with your friends and click Boost 🚀
SUPER ANALYSIS🔴 #SUPER Analysis : ❓❓
🔮There was a formation of Bullish Pennant Pattern in #SUPER and breakout the pattern with good volume. We may see a rise in #SUPER📈📈
🔰 Current Price: $0.9097
🎯 Target Price: $1.1652 and more
⚡️What to do ?
👀Keep an eye on #SUPER price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SUPER #Cryptocurrency #TechnicalAnalysis #DYOR
I Cannot Short This !!! Hi every one
➡️SOL has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which SOL is in, Is a Bullish flag Pattern ! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement ( Flag pole ) to happen!
🟡 Summery:
- SOL has been Bullish Recently!
- The odds of another Bullish Movement is High!
- Bullish flag is Visible on The chart!
- No break out yet!
- Bullish Divergence
🤑 Stay awesome my friends.
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✅ 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!!
I Cannot Short This !!! situation+next targets.Hi.
COINEX:LSKUSDT
-has formed a bullish pennant pattern on the 4-hour timeframe.
-A breakout above descending resistance could lead to a pump higher🚀
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✅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!!
AMD Beautiful Consolidation into PennantAMD is consolidating really nicely after making new highs in late January. Surfing the 20 EMA on the daily chart as well. This will be a top focus for me heading into next week.
Bitcoin Pennant spotted!Looks like Bitcoin´s current correction is now ready for an uptrend rally, or about to be.
I have spotted a traditional "pennant formation" which could shoot up to $48250-$48700 or perhaps even touch/briefly break, the prior $49000 "Bitcoin Spot ETF" high which took place Jan 11, 2024.
Entry points should be sought after pullback, at the $43380-43400 area or so.
Have a nice (LONG) trade.
:)
ACE looking bullishJumping in on 5X long on ACE, looking good here. ACE has very limited supply as of now, & can be manipulated easily, But I think it's a good trade so I got in. NFA
FG - F&G Annuities and Life - Pennant Breakout ImminentF&G is an annuity and life insurance company.
Annuities and Life Insurance have been enjoying a good run due to higher interest rates.
High interest rates decrease reinvestment risk.
For annuities, higher interest rates mean higher income for customers.
Baby boomers are retiring so there will be a massive demand for these products. The fixed income part of it would be the seller even if rates go down from here.
Chart has formed a pennant and will go long on the breakout.
Initial target around 60 as there is a bull flag element from 32 to 47.
AW1 bull gartley near trendline breakoutaw1 3d bull gartley harmonic, coming off support, just broke downtrend line before rejection back to just above prev support. watching for another breakout higher with gartley pt at B level. This is also a large bull pennant on daily/weekly tf
TU Telus corporation - BullishTU Telus corporation is selling at a discount right now. earning is on Friday. expecting a BEAT in profit , currently trading in Bull Flag pattern , looking for the bounce up above 18 then continuation to above 19.6USD, also RSI is near 30 on the daily chart.
PLUG - flagging at rest for continuation LONGPLUG on the 120 minute chart is resting on its trend up. Earnings are about 4 weeks ahead.
The uptrend has been solid. Two bull flag patterns are noted along the way. They follow
pops on the Relative Trend Index indicator also showing bullish buying volatility on the
Relative Volatility indicator. I see the rest ( consolidation) as a good point to add into my
ongoing long position for PLUG which recently got an upgrade and higher target by more than
one analyst. For a basic and simple trade, take the 3rd upper VWAP band at 6.35 as the target
the mean VWAP at 4 as the stop loss for a basic3:! R:r trade. For something better zoom into
a 15-30 minute time frame reset the anchored VWAP and fine tune.
EURO - Price can bounce down from support area and continue fallHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to falling channel, where it at once bounced from resistance area to support line.
After this movement, EUR soon backed up to this area and some time traded in, after which price fell back.
Next, Euro rose to resistance line, and then bounced down to support line of channel, finally breaking $1.0890 level.
In a short time later, price exited from channel, broke $1.0780 level too, and fell to support line of pennant.
Soon, price bounced from this line and rose to support area, where it continues to trades near $1.0780 level.
Possibly, Euro can little decline, after which rise to support area and then price bounce down to $1.0715, exiting from pennant also.
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