Hi Guys,
This stock looks like it might have some more upward movement in it. It's been forming a bull flag, and the price action is getting tighter. 4 hour and 3 hour TTM squeezes are both primed and ready to fire. I would wait until this TTM fires to buy this. If TTM does fire, I can see this easily breaking the top resistance line out of the bull flag to newer ...
This pair is breaking out of the corrective structure of wave 4 of (C), which in terms of patterns looks like a Bull Flag.
Target is located at the 0.5-0.618 of waves 1-3 within the orange box between the 1.4726-1.5349.
Nice profit to hunt.
All oil currencies listed in the related ideas would suffer from the oil weakness and it's not a big secret.
There is a larger falling wedge pattern on EOSBTC that I've been keeping watching closely. I believe we are near the bottom and targetting a breakout to test the 38.2% Fib from the beginning of the falling wedge.
On the smaller time frames, I've been entering into a LONG position on:
Double bottom pattern
Cup and handle pattern
Bull flag pattern
I will be ...
We can see that we are now on the precipice of closing our 4hr confirmation candle above the bullflag that we have been in the past 3 days or so. If we can close the current 4hr candle above the flag it should trigger the breakout which based on the size of the pole, could carry us to 9.4k or so. The current resistance we are meeting is the 50ma on the 1 week ...
VET has just come off the rebranding of VEN on it's own blockchain. Binance announce news of a 100 million VTHO airdrop for VET holders on August first. As a result, a bull flag has formed. The pole is roughly 70 sats in length so on a break out, 400-410 sats is possible. I would set my buys at the 50% retracement of the run and a stop loss a little past the 61.8% ...
The Bull flag in Bitcoin’s price carried out perfectly with the price currently trading over $8000 and over the 200EMA on the daily. Bitcoins price briefly approached the $8400 mark but has retraced back near the $8200 mark. This is the first time Bitcoin has been trading back over the 200EMA since early May.
Read full analysis ...
We look very bullish in short term. Alts may go down short term on BTC pairs, but we recommend to just hold everything until January.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Gorgeous full flag forming for most coins including Cardano and BTC. I'm focusing on Cardano and Stellar being my top 2 of the Coinbase 5 team.
For Cardano I'm dollar cost averaging my way down to 16 cents. We should see a slight pull back before beginning wave 5 according to this bull flag in progress.
I am feeling very confident on this move because how ...
As I anticipated in the previous idea we would break bullishly up for at least one more leg up from the bullflag we were in and that is what we are seeing now. This has the potential to take us to the inv head and shoulder target of 7.7.-7.8k. Or the symmetrical triangle breakout target of 8k. However it might also only go up as far as the height of the ...
LULU has been a MONSTER this year! With Squeezes setting up on both a daily and four-hour chart makes me think it will be headed higher towards earnings which looks to be at the end of August. Depending on how it opens tomorrow (looking for a pullback) will ultimately decide how I play it. I'd like to sell an at the money put credit spread, but with the way it's ...
Another bullish flag pattern, this time on Litecoin.
This pattern has high probability of reaching the profit target should a break above Point (B) occur.
Use STOP-LIMIT order to catch the move and place stops below Point (C) when in a position.
This is my FAVORITE pattern to trade in a BULL trend.
Disclaimer: This is only my opinion, make of it what you ...
A potential flag pattern has caught my eye this morning on EOS, thanks to the surge in the crypto market class in the last 24 hours.
To continue with the short term trend, completion of the flag pattern would be a nice continuation trade to add to existing positions.
I intend to enter into a position on the break of Point (B). Profit target is Point (D) and ...
I think we are seeing the start of an ascending triangle that will have a breakout upwards. Notice the doji candle that formed right after the wick up to test the dynamic trendline. The black dashed lines are just guesses we will need another push up and back down to truly get an idea of how the triangle looks.
Gold formed a bullish flag pattern after Friday’s big rally, set for a continuation this week. On a weekly chart the week ended in a spinning top candle. A break above 1260/1262 area will confirm the break, also a 50% retracement level. With RSI also getting wedged in at level 50, we are set for a break. Price also in a tight range between 50 and 200 SMA. Entry on ...
EOS showed some rally on the first days of July unlike the other alt coins but was in a downtrend after that specific reversal. At this point it seems it is creating bullish flag on the 3 hour chart. RSI needs some modifications besides volume increment. An elliott wave already started its rally and is now showing a sideways movement for now and could breakout ...
Hello,
I've left my previous analysis in this one because the flag is a part of it.
The pattern's price target is located at the 6800ish resistance, I'm quite bullish overall at the moment, so this might be pierced as well.
Watch the development carefully and trade active!
Check out my Siacoin analysis as well.
Regards
Nik
