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Flag-pattern

ADAUSD Starts the Continuation of UptrendImportant things to note: BTC is cooling off. I do not see it going much lower. ADA started its flagging continuation. Price broke out of last flagging pattern. ADA created a smaller flag for continuation of uptrend Price target from smaller flag is 2.59. This coincides with our last target of 2.62. We now have a general idea of where the price is headed. I have noted the hidden divergence I saw. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. I am going to make this quick because the update is pretty self explanatory. Right now BTC is cooling, but I do not see it going past 53k before it starts moving up again. ADA has broken out of our last pattern with a classic 3 drives pattern and has now created a smaller flagging pattern. The target from the smaller patter is 2.59. This is measured by the size of the pole added to the top of the pole. This target coincides with our last target of 2.62. The target from the smaller flag is 2.59. If the pattern does not break, this is the general area the price is heading to. If the price breaks, it will head towards a support of 2.15 or 2.03 etc. However, since we have bullish momentum and bullish signals, and patterns, we should assume the pattern will complete. I have also noted the hidden divergence I mentioned on my last chart. Remember, try to relax during this time. The momentum of ADA will lag behind BTC, but once BTC hits its ATH and retraces, its time for altcoins to start really moving. For now, expect minimal gains, maybe a small pullback and a lot of consolidation. I will continue to keep an eye on ADA and update you accordingly. Thanks again everyone! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
31
LONG LRC - breakout of bullish flag - Low RIsk Entry Point LONG LRC - breakout of bullish flag - Low RIsk Entry Point // - Loopring is an open protocol for building high-performance, order book decentralized exchanges on Ethereum. Their goal is to enable the building of highly scalable exchanges without compromising Ethereum-level security guarantees through a zkRollup construction. Although blockchains inherently provide trustless trading, there are problems with building exchanges purely on-chain. Specifically, processing speed, throughput, and computation costs. Performing all exchange steps on-chain can be prohibitively expensive, or impossible to emulate centralized exchange speed and performance. For these reasons, Loopring has moved almost all data and computation off-chain but leverages zero-knowledge proofs to retain trust-minimized properties.
Long
by HodlTradeCrypto
EURAUD Sell from the top of structure Hello traders: Similar like EURNZD, I do see EURAUD can have a potential reversal from the top of the structure. We see price has already impulse down from the HTF since the Covid time, and has been in this larger structure since early June. Latest price action has a push to the upside, top of the structure, double tops area, and price has been stalling here. Look for reversal price action from the top and get into this sell when there is bearish confirmation from the price action and structures. Thank you
Short
by jojofang0901
7
GOLD Look for this sell setup to the previous lowsHi traders: Looking at GOLD for potential sell move down to the previous lows. We have seen GOLD consolidate for a while since the strong bearish drop from early August. Price has been in a side way consolidations, and we see many LTF corrections and impulses. Latest price shows a recent double tops, and price impulsively break below the correction its in, could signal the beginning of the next bearish run. I would wait for the LTF correction to form here and complete before adding a sell down to the lows. Thank you
OANDA:XAUUSDShort
by jojofang0901
9
NASDAQ Look for continuation out of this correction Hello everyone: NASDAQ is looking very clean for the next continuation down. We see price dropped down impulsively from the top, broke out of the HTF ascending channel. Then we see price begin to consolidate, and potentially forming a correctional structure. I do see this as a continuation, to correct the previous down move. I would like to see price breakout from that structure, and look for LTF correction for entries down to the next lows. Thank you
OANDA:NAS100USDShort
by jojofang0901
6