Faster EMAs are about the cross over the 55EMA. RSI and MACD looking bearish yet still holding within trend lines indicating consolidation. Passed through the Fibonacci retracements and speed fan lines like a breeze.
High time-frame shows strong support and lower time-frames have created a reversal falling wedge pattern followed by a small bullish pennant (blue) so buy above the wedge and pennant pattern and set take profit to next resistance line which is around the 0.952 area. rick reward is 5.49/5
Bullish pennant on the one day looking for a close above trend line, volume is very low though. will keep an eye out for the bounce off the trend line too. Thoughts?
What you see here is a Bullish Pennant. After XVG becomes stable, it rises to about 2700 satoshi. Buy @: 1080 - 1220 satoshi Sell @: 2700 satoshi (MAX. 250% profit) Stop-loss @: 940 satoshi
We have a Bullish Pennant on the 1H chart, continuation of the bullish trend is expected. Targets of 1400 Satoshi ( $0.22 ) and 1700 Satoshi ( $0.27 ) are within reach over the next 2-5 days. Set your buy limits at a closed candle above 1250 Satoshi.
Tronix (TRON/TRX) has had quite the rise lately, rising from being a lower altcoin to being ranked #6 in terms of market cap. And now, in the twilight of the altcoins, as BTC prepares to rise, Tronix is preparing to break out of a larger bullish pennant visible in the hourly charts. Currently, BTC seems ready to sink a little in its current ascending channel ()...
Verge (XVG) is currently a very interesting coin to look at - in this analysis, I will show XVG from different perspectives, both in the short-term and long-term. Where XVG truly goes all depends on future movement, but I hope to give a general sense of XVG's position. XVG broke downwards, stopping, as it seems, along a trend line that is roughly around some of...
Hello everyone, once again, we are looking at Tronix (TRON/TRX), which has been incredibly bullish recently, surpassing our previous target at 0.00000588 BTC and hitting 0.00000645 BTC top. TRON/TRX seems ready for another run upwards, as a bullish pennant is forming right after our previous run, a very good sign of a potential move upwards. Because trend lines...
Civic is looking very bullish on the 8-hour chart with some consolidation occurring just after a recent breakout - this is a well-formed bullish pennant, and if you combine this with the current pressure on the ascending channel (see earlier idea, ), there is high possibility of an incoming breakout upwards, starting with the break of the channel, and continuing...
I've been closely watching this coin, and seeing this very clear bullish pennant develop and break out, this one is definitely a no-brainer. Tronix (TRON/TRX) was in a period of consolidation earlier, finally making a clean break upwards. Assuming a buy-in at the current price (0.00000318 BTC), one can very easily make 85% gains from this by the end of this...
After this sharp uptrend, QTUM seems to be consolidating, forming a well-shaped bullish pennant. If it breaks out and candles close at around $33, this will confirm the continuation of the uptrend we've seen so far, looking very possible with such sharp volume today.
Bullish Pennant appearing on ADA after strong uptrend, possibility to breakout to 0.0002669 BTC. Risky, requires some confirmation at 0.0002300 for a more certain breakout.
After a high uptrend of $60, LTC seems to have consolidated in the last several hours and may be undergoing a push upwards. A break at ~$324 should confirm this pattern.
XRP is forming a possible bull pennant. A pending order can be placed right above the top slope of the triangle @ .81ish. First target is an area of possible consolidation or reversal. This would be about 10% profit, which is a great place to prune risk by selling 1/3 of the original stake and raising the stop loss to the buy in price. At that point I'll lock...
It's a bit dirty, no doubt... but someone is pumping millions into xlm right now. It appears the bull movement may try to run against BTC! Not taking a position here, i already hold xlm. So i guess not selling.
Been a while since my last post guys, but couldn't resist putting this one up. A great pennant that, if it breaks correctly, should deliver a 15-20% continuation on the previous bullish run. I think this will take it to at least 7000 sats if not further. I will be waiting for a spike in volume to show a confirmation of breakout then will be getting in quite...
BTC has bounced on the yellow support that has been followed since mid-September and also on the 61.8% Fib. retracement after following a clear head-and-shoulders formation, one week ago. Now it is back on a higher parallel support and it is showing to build a bullish pennant pattern. Also, the RSI doesn't seem to show any divergence. If the price breaks out of...
XLM is currently breaking through the pennant ceiling. 480-490 entry point, if you're not in already. Looking like it'll head up to 590-600, on it's way to a 24-48 hour Target around 700 before consolidating again.