A bull flag pattern might support further upside price potential. A price action above 193.50 supports a bullish trend direction. Crossing below this level will negate the bullish trend direction. Further bullish trend support above 196.50. Consolidation price range from 195.50 to 198.50. Crossing above the 198.50 resistance might target 203.50. Crossing below...
$FOUR - Tech | Software - Infrastructure after a stellar earnings report on 4/8, it is coming off a base that is supported from all time low ($30) to rising 10/20 MAs. latest close have reclaim its 200MA with a HTF setup. $50 clean pivot for BO
Gold has steadily been headed to the upside. Currently respecting a supply zone. If the current zone defending the bears' territory is broken, the next zone is in daily. #TradeYourPlan and Use good risk management. All the best and happy trading :)
You cannot make money on ADA at this moment, because the downtrend is extremely strong and it's going to be even worse later this year! Don't get me wrong, I think ADA is a great altcoin, but if you bought the top, you are too late for the party. The market structure is insanely bearish and we have a descending triangle on the daily chart that will break...
MDKA . Daily TF. It has potentially bullish flag pattern IF it brokeout the trendline (diagonal yellow line). AB=CD. TP 5300. SL 3910. R:R = 1:2.
Another bear flag - BTCUSD - Possible move down between18,000 and 17,500k
Uptrend and consolidated Pattern : Flag Supported by MA10/MA20/MA50/MA100/MA150/MA200
The dollar will continue to melt this week. This means we are buying anti dollar currencies - Correlation! Correlation! Correlation! Please wait for a breakout and retest of the bearish continuation pattern before shorting. #NoConfirmationNoTrade! Happy Trading :)
$ARHS - Consumer Cyc | Home Improvement currently flagging for a follow through from its breakout (+23.91%) post ER on 11/8. sitting on VWAP from IPO, rising 10/20 MA with RS. pivot at $9.50 will clear 6 months high
I’d like to say that bitcoin is making a bull flag here, but instead it’s trending upwards towards the lower limit of the bear flag it fell out of. Let’s see what price does when it gets closer to $22,000. A rejection there and continued acceptance below would indicate further downside, to $11,000 or lower
Due to the recent excitement created in the market due to interest rate news, the price is expected to have a temporary growth up to the 4405 area and then after completing the fifth and final step of the downward pattern, it will start a downward rally. A sell signal in the lower time frame in the next analysis ..
Can Cosmos break out of this flag and extend this uptrend or will it be held back in these bear market times?
I see bullish flag i'm in at 16.529 maybe will moon to 17.783
...Bitcoin cannot fall all the time. Even a mountain climber coming down from a peak sometimes has to climb a smaller mountain to find a safe way down. I think that's what's happening on the chart right now. We are going up because the bulls have smelled the green candles in the air and are following them like crazy. However, I don't think this is the end of the...
PT's are labelled based on chart patterns. - MMU (measured move up/ ABC) - Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders. - A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work. It is also important to note that the MACD crossed to the upside on the daily and the...
Bitcoin is still in bearish trend. Reversal Pattern Falling wedge was invalidated on 13 June. Since then it was in Bearish Flag that continues on 26 August. Now it is at confirmation. If the confirmation - staying below ca. 22000 for next week will be completed the down trend will continue. Breaking out of falling wedge need at leas 23000 and staying for a week...
On the daily/3D chart, we have a pretty strong bearish downtrend. We just hit a brand new low a few days ago, so it's really not looking good at all. We can spot a triple bottom, which is usually a sign of a descending triangle pattern or a rectangle continuation pattern. There is a lot of liquidity below this level and the market usually comes for the stop...
KC looks like a huge bull flag which got retested in the past 2 weeks. the first wave up (wave 1 of huge 3 or huge 5) in other contracts (DEC, MAR23) looks much better then how it looks at KC!1.