Hello traders and holders;
Welcome to this analysis about ETC (Ethereum Classic).
As you can see on this log chart the price has been consolidating between strong resistance and supports for months.
This has led to the formation of a huge bull-flag pattern with apex approaching in mid-late December.
Also notice that weekly RSI has been almost stationary since its...
After hitting into a prior ATH (All-Time-High) @ 28 on 16 Nov, MTTR began consolidating within a wide bull flag that would have shaken out the weak bulls. It wasn't until yesterday that it finally broke strongly out of this bull flag to a new ATH on huge volume. A strong trend is now underway (some minor retracements now and then is still to be...
A strange flag has presented itself again
Only at closer look can you see flag properties, I have displayed them above
LUNA is sitting above the 4.618 Fib level, with this large bullflag structure, encompassing the whole price history
The curved flag pole is a new idea, but it works perhaps if the flag was facing descending rather than ascending
up or down who knows how this will play out, things seem as indecisive as ever and this this chart doesnt help....
Just a couple of observations....
Trying to learn so feed back is welcome.
i guess in the short term i will be holding until i get some confirmation on what the market wants to do.
$CROX recently put out an awesome earnings report which caused a run to new ATHs. Afterwards, we formed a bull flag, and started approaching a key level of support.
This level of support may provide the necessary bounce needed to break out of the flag, and continue charging upwards. Will be keeping a close eye on this one.
Bull Flag Break and tested as well. Now on Monthly Resistant Line if it break so it will go towards 63k to 65k
50000 51000 5300
58000 60000 63000 65000 67000 69000 72000 75000 78000 81000
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week...
According to the Gann time frame theory BTC should bounce around Dec 2nd to the upside.
The golden descending channel break up should trigger the large white bull flag which should take BTC according to the Feb retracement to:
1) 77K by end of December.
2) 100K by late mid Jan.
if you like the idea please like and share. Thanks.
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TP 2X, 3X, 4X
BullFlag, Big Triangle & Big Cup & Handle Pattern Breakout...What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
POLK looking like it wants to move on the Daily.
Purple channel (flag) measured move taps the 0.5 fib extension.
Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension.
A bearish move could send price down to the ATL area. Looking for a bounce at the green box...
EGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this.
White channel (flag) measured move taps the 0.5fib extension area.
Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range.
Yellow arrow (pole) measured move taps the 100% fib...
BTC Update... BTC going 100K!?
BullFlag, Big Triangle & Big Cup&Handle Pattern...BTC will hit new ATH if any pattern is followed.
Please check Properly then you can understand perfectly.
What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
Bitcoin is coming to the up trending line of support within the rising channel. A key are is in the 53.5K range. A drop below would see a longer recovery for BTC to hit a new ath. Previously an early breakout in the bull flag gave BTC it's ath but is now back down to the bottom of the flag, still bullish! The flagpole distance of the current bull flag lands in the...
Can anyone tell me if this is a bull flag for Shiba? I am still learning how to draw the lines, so if I did this wrong, can you comment with advice? Is the end of the year the last opportunity to buy more Shiba Inu at this price?
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE USD/JPY.
* looking for trend continuation on this pair.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.