Red Fib is your Buy Zone Blue Fib is your Sell Zone or Buy on Breakout Hidden Bullish Divergence Bull Pennant
Yet ANOTHER breakout of a bullish pennant on BTC! If this breakout is indeed true and not false, I believe this move will propel us to $50,000+. Strap in y'all, best of luck.
Being that we are still in the thick of the bull market, probability favors this eventually breaking up....if it breaks up where I have marked the dotted green line then the target listed here will be the measured move...however the outcome of breaking upward might be so obvious that the opposite happens instead so we must always wait for a confirmed breakout or...
BTC appears to be forming the beginning of a small bullish pennant on both the 1 Hour chart and the 4 Hour chart, a key indicator that if this breaks above the top of this pennant, a bullish continuation will most likely occur. We still have a lot of potential for growth, however, a major retracement is still possible, so trade carefully and keep capital...
Enjin Coin is looking ready for bullish continuation here. Current Price= 0.39764 Buy Entry= 0.39764 - 0.37464 Take Profit= 0.44894 | 0.55941 | 0.65421 Stop Loss= 0.33499 Risk/Reward= 1:1.25 | 1:3.43 | 1:5.3 Expected Profit= +16.41% | +26.045.061% | +36.69% Possible Loss= -13.13% Fib. Retracement= 0.786 | 1.272 | 1.618 Margin Leverage= 1x Estimated Gain-time= 480h
What's up guys, been away over seas I am back! I see a lot of fire going on lately with stocks and Crypto! Bitcoin is SUPER Bullish and I believe this pennant is setting up for a major break out to 50k+!!! Or it can correct down a little more and than go back up! Its hard to tell. Lets play it out! Deffinitely fireworking next few days coming!
8 EMA crossed the 21 multiple times in the past week. If the 50 comes below the 8/21 I think we can expect a full bull play from the pennant forming.
aside from the fake reddit breakout, every indication is showing SLV primed for a launch
Matic has been doing well for the past few days. If it breaks out from the pennant, we should expect 0.1$ next. Sky is the limit if this breaks out. In my opinion, Matic still got a long way to go - Gains are not done yet from this one. Matic is a coin that is known for its explosiveness, and the crash that comes with it. But that's all hype, and we will let the...
NMDC has bullush pennant on 30 mins timeframe . Targets on chart...
Tatamotors has pennant on horily timeframe. Targets on chart.
CNET looks to be breaking out of its pennant. Still somewhat new to charting, so no projection on where the breakout will end.
GOEV in play again Breakout from the bullish pennant on a high volume
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets As can be seen in the image, price was facing resistance from 94-100 zone. It gave breakout from that range with huge volume. Thereafter the price started consolidating in a narrow...
1INCH Consolidation within a bullflag pennant almost complete, potential targets on breakout are as follows: 🎯 $5.50 🎯 $7.00 If you found this idea helpful, please like and follow. Thanks! 🤑
Last time I posted on BTC, Elon Musk put BTC in his bio, causing a spike of around 10%, breaking through the bullish pennant BTC was sitting in. Soon after, BTC retraced back within the bullish pennant, indicating a false breakout. Now we're back above the pennant for a new breakout and it appears we have formed a large inverted H&S as well, the only question is:...
Another textbook pattern and a potential breakout setup. Measured targets marked. Not a trading advice. DYOR.