Today's trading analysis showing a bullish bull flag for the CL1. Rsi shows that price can check previous resitance level and then bounce back for longs.
Bull flag in the trading sense of the word... I could see a retest of the ATH...Pretty sure the shareholders can too. Bull flag within the ascending broadening wedge pattern may visit around the $55.00 region first. Look at how fast this ones moved though. No surprises eh. Personally not trading this instrument.
Yesterday may have been a more nerve racking time with TLRY after expecting a huge run up for most people, as we expected TLRY to moon.
Here is an explanation for the movement from yesterday.
Starting out with the first 15 min of the day, we hit our first target of 22.05 which was a big resistance level according to the volume profile.
After fighting to continue...
Here we see our FET 6 hour chart . And it's in a clear uptrend . We've stayed above 1000 sats since hitting that 700 area few weeks ago .I said at the time I thought that pullback to 700 area was the completion of our Handle from that Bullish Cup and Handle pattern,and I still think so ( target of that was 2890 which I still think will happen but first we must...
Hi all!
Looks to me like there is a possible long trade here with the possibility as I see it in a bull flag set up. This fits my macro analysis bias related to various other assets. Nevertheless, it should be an interesting next few months.
Please note that this is not advice or a recommendation. Please do not invest or trade anything without proper...
NEOUSDT is testing weekly resistance inside a bull flag, if the price will have a breakout and flip the weekly resistance into new support , According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure ->...
We've all been waiting for some sign to eventuate and show a direction. I think this might be it.
It will also hopefully bounce off the 50MA for extra confirmation.
Ethereum isn't showing the same pattern, so we'll have to wait and see what happens there.
Please consider donating a few Gwei if you enjoy my charts and find them helpful :)...
GBPAUD is inside a bullflag and the price is createing a nice inverse head and shoulder.
IF the price will break the flag , According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
Maybe a descending triangle as well, only time will tell I suppose.
It's interesting to note that the 200 Day MA is the top of the descending triangle, and any time bitcoin has been in a bull market it has traded above the 200 Day MA.
There's also a set of micro higher lows, but we'll see how long that lasts.
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole.
The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend.
Another...
Hi guys, i am here with an another analyis of ADA.
This is only my opinion about Cardano. Please do your own research.
ADA is maybe forming a bullflag again. This market of ada is really healty because the small retraceces and not a big green pump.
I really think this can repeat more times but the area's going to be larger and lager for the next...
![ADABTC: Cardano in a new bullflag for breakout? [10-15%] Healty market!](https://s3.tradingview.com/t/TzPs9R6M_mid.png "Cardano in a new bullflag for breakout? [10-15%] Healty market!")
