We can see a falling wedge on btcusd’s 1 day chart and a nice candle break above the top trendline of the wedge with good bullish volume surge confirmation to go with it greatly increasing the probability the breakout of this wedge will be confirmed. If so the full measured move target from the wedge would take price just ever so slightly above the pink neckline....
Kaspa's rise has been nothing short of phenomenal. I believe this bull pennant forming on the daily will play out, and the targets could reach just under 6 cents. I believe Kaspa can go well beyond that as well, as it's technology is such a big advancement to the industry. I've had a big spot position on Kaspa since August and my current long position has been...
Bull flag, if the pattern holds we could see 33K as the next target
Traders, After beating the 50-day moving average, and a level of support above that, we are now resting on support. I think this is the perfect time to enter here in audio. And that is what I did. My goal is to at least hold some of this trade to the 39 cent level. In a future post, I will update you on all the stop limits of this and my previous trades. Stew
On the 4hr-1day charts we can see gold has broken up from a bull pennant. It is now finding resistance exactly at the top trendline of the yellow channel. This trendline also qualifies as a double bottom neckline. Based on the measured move target of the green bull pennant…price action should break well above the double bottom neckline which makes probability high...
Here's a quick look at the 30 min DOGE chart. Following a significant upward movement, the price has entered a phase of consolidation, resulting in the formation of a large bull pennant. A bull pennant is a bullish continuation pattern that typically has a 70% chance of breaking to the upside. Should this bull pennant be breached, it would suggest a continuation...
This just my imagination about next potential Gold moves, always DYOR :)
We see a golden cross about a month ago and recently the 9ema x the 50 sma, in addition to the 20 ema crossing the 50 sma. With all the MAs in order and the ADX signalling a strong trend (38) we see a series of bullish pennants each breaking out to approximately the range of the "flag pole" , as they should. (5.77% .5.46%) Looking for the pattern to continue...
XRP broke out after making a bullish pennant. Price is testing the .786 fibonacci level while the ADX is at 47 signalling a strong trend with D+ over D- Looking for a break above the descending trend line to break out of the descending triangle (weekly). 20 EMA crossed over the 200 SMA and the 50 SMA is setting up for a golden cross. Targeting .59 , .63, .78 short term
Ftm looks so good in daily chart after consolidated a bullish flag pattern We can see the upper side of the flage is gather with 0.618 golden fib level in a point we called a confluence point Confluence point is a zone which many resistance gatherd in and it require a huge liquidity to break it We can see many trials to break this point in daily chart...we can...
Over 2 years to form this bullish descending wedge! I don't know which moon we're aiming for but I don't think it's in this galaxy!
It is very clear that the US Tech 100 has been found consolidating for a long window as part of the cooldown, the strong support window allowed for a reversal, and currently, it is trading perfectly such that it will take major support as quoted and take a move to R1 and R2 and then soon we can also expect a short covering rally, flying into 13000, it is good that...
hello bro be ready for comment me for any stock analysis for me it free you have to just comment me name of stocks
ACS printing bull pennant under resistance level. This one moved nicely yesterday so keep an eye on it. Details on the chart Good luck traders
NLST has continued to rally since the the break out on 2/13, The RSI spiked at 85 before retreating out of oversold territory and closing just over 70. This is very bullish. Price closed above the 2.61 Fibonacci level on higher than average volume after testing the prior gap at $2.55 Price will likely find support at $2.55 and currently appears likely to make...
OP/USDT broke out of Ascending Triangle formation on 2D Chart and printed a Bullish Pennant above its neckline More upside if we break out of Bullish Pennant _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
the price has broken the bearish channel after hitting the important 4-hour support area . On the other hand, we have a bullish internal OB that we can enter into a safe buying trade after retesting it
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,...