BINANCE:XRPUSDT
Hi , Trader's .. As you Can see Market is Trading In Bullish Flag pattern
price can touch support zone and can retest upper resistance level
breakout of upper trendline will make it bullish again
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• TSLA did a Bearish Engulfing candlestick pattern yesterday, and it is back to its 21 ema area;
• If TSLA loses this 21 ema, it could seek the next support at $187 again;
• TSLA is still in a congestion, and only a breakout of the $187 would reverse the bullish sentiment;
• On the other hand, it has to break the previous resistance at $214 in order to trigger...
Price action has been shaping up to see a continuation in momentum as we can see a bullish flag pattern created which as we know indicates more upside is evident.
Ensure proper risk management is applied, find an entry and exit that meets your trading plan.
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• TSLA corrected last week, but it seems it just dropped to hit its support at $187, and now, it wants to bounce again;
• Last Friday, TSLA confirmed a bottom sign, as it broke the 21 ema again (which worked as a resistance last Thursday), it broke Thursday’s high, and it filled the previous gap at $198.52 (making it an Exhaustion Gap);
• All these bottom signs...
On the Daily Chart (right), we have the potential Bullish Flag Pattern forming. If Flag Pattern didn't happen, a retest on the support line at 1.1937 with an RSI Divergence gives traders who are looking for a buying opportunity a push to enter the trade.
On the 4-hourly chart(left), the parallel channel meets at the same price region of the daily chart at 1.1932,...
XRP will give you a life-time opportunity to buy for an extremely cheap price, around 0.18 USDT! It's going to happen probably very soon, so make sure you are prepared!
This is a whole chart of XRP from 2016 to 2023. As you can see, the massive pump in 2017 was very strong, and right now XRP has been consolidating in this bullish regular flat pattern (3-3-5)....
A bit late- but FED won't be printing money this year, they will figure out inflation is sticky and just do it next year. Gold and Bitcoin, similar assets will do well.
The chart of this year looks eerily similar to 2019.
Have a look:
Top:
2017 Dec 18 - 19700
2022 November 10 - 69000
Exactly four years.
Bottom:
2018 Dec 15 - 3650
2022 Nov 22 - 15650
Again,...
Price action and chart pattern trading setup:
> A potential ABC correction reversal pattern with MACD bullish divergence below baseline
> The price is currently trading between SMA20D vs SMA50D
> The current C wave position retraced 0.786 of A wave with a bullish inside combo pattern
> Entry @ pullback SMA20 zone
> TP1 @ bullish inside price action combo +25-30%...
A clear bullish flag pattern spotted on the 4H time frame. The trade will be confirmed by a retest on the previous area of demand or a breakout and retest on the flag then a full blast to the upside.
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**GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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The bull pennant we are in shown here on the 6month time frame seems to have a symmetrical triangle for its flag. The breakout target for just the symmetrical triangle is in the $33 range. Factor in the pole of the flag and the potential target skyrockets to 1.2k. Definitely not financial advice and certainly no guarantee it will hit either target as it’s still up...
My Ultimate Trade for the Week falls into the hands of the Head and Shoulders Pattern on the daily chart(right).
The Bullish Bat Pattern(left) is the perfect setup for me to achieve Low Risk, High Returns trade; however, it is unlikely to happen as the Bat Pattern must be completed by Monday, 20 Feb, 7 am or 12 pm(SGT).
The next sensible setup would be the...
