SSIA. exact precision.
If you are not excited I cannot help you 80% likelihood of bull break from this triangle I am extremely bullish on crypto in 2020 Play the altcoin -> bitcoin -> altcoin cycles right and 10,000% is possible this cycle 4 figures to 6 figures 5 figures to 7 figures 6 figures to 8 figures
showing the chart for dashusd on bittrex to because unlike krakens it hasnt broken out of the pennant yet..also put a lower breakout target in case it only counts the triangle and not the the pennant and its around $175. On both exchanges however the golden cross should occur by the next daily candle so I'm, still very bullish
If we break out bullishly here, it looks very bullish indeed, we have a couple horizontal resistances to overcome the current one at 9595, and the grey horizontal a few pips above that...the projected breakout target also requires we break above this turquoise horizontal as well and if we were to do that that would be a HUGE bullish sign BTCUSD will have achieved...
Possibly a descending triangle? A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half...
Is this a bullish pennant or just a symmetrical triangle? Up or down? Decision time for gold! Indicators @ 1D TF: Dissipation of bullish momentum on squeeze momentum indicator Stoch RSI also does not look bullish anymore. Indicators @ H4 TF: Bullish momentum on squeeze momentum indicator MACD bullish crossover Stoch RSI = bullish Wave trend oscillator =...
I prematurely posted an idea saying that $100 support broke, and I should've waited! $100 held, and now we have a classic bull pennant and breakout. Keep an eye on upcoming resistance levels.
KNT: K92 Mining, is firming a bullish pennant most apparent on the 4h chart, as well as the daily chart. As price action condenses I believe we will see a rise in price confirming the bullish pennant pattern.
Hello friends! As much as i hate trading heavily manipulated (shit)coins, we do have a nice trading opportunity with Bitcoin SV (BSV/USD). The price is consolidating in a Bullish Pennant. The decreasing volatility is pointing towards a breakout of this pattern (which also appeared before). It's important to notice that we do not trade inside the pattern. We trade...
Bullish pennant still in place; adjusting the lines... I see down path to 6599 support, then a breakout to 9967. Bears loosing power, bullish divergence on RSI, waiting to see reversal on SQZMOM.
I was all over the 2018 Descending Triangle in Bitcoin, but Bitcoin's 2019 price action has left me head-scratching quite often. Yes, yes, I have had a bull flag/pennant drawn for weeks. However, while this pattern may be invalidated at some point, it has not yet. I see a alot of charts out there projecting many different scenarios, but none that show this...
This bullish pennant pattern on the daily chart of GBP/JPY provides a bullish breakout trading opportunity. The pennant and its pole are shown with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the lowest point of the pennant part of the pattern.
Monthly Confluence is telling me are indeed in a Bullish Market. We have a Bullish Pennant located right at the 61.8% Retracement which institutions do on purpose right at market closure so participants can pretty much gamble their money with either going long or short. For me to enter Long i'd like to price to show me an indefinite buyer market breaking above...
That 200 Day MA is really playing as the floor for a descending triangle on the low... I wouldn't be surprised if a market mover come into the market in the very near term to force BTC back into a bear market.. There was clearly a bull flag that's been negated a little, and now turned into a bullish pennant formation.. We'll see I guess, but I think there's a...
GBPUSD Alternately Forming Bullish Pennant
the symmetrical triangle/ bull pennant appears to be losing some steam here but if it doesn't pan out the bulls still have another chance to continue the uptrend with a double bottom in play around 8886(as shown here in purple). A retest of this zone would make a lot of sense since there is currently a gap on the CME futures chart around that zone that needs to be...