Positive biased since end March. Good entries since 18/Apr after oversold RSI on lower timeframes, climbing from low of flag channel and breaking multi-month trendline. Took some profits 20/May on the daily #MACDcrossover, but had a great reaction to earnings and got to our 0.96 target on increased volume. Letting it ride some more, next target 1.03.
EURUSD is still looking very bullish and rejected from 0.5 fib recently. If this rally continues it could go up to 1.0950b range.
after retrace for weeks. finally see a weekly bullish Price Action. with flag formation BO price projection, next resistance at $5000.
Here on SEED_DONKEYDAN_MARKET_CAP:JASMY , a classic Cup & Handle formation, target 0.0345 But at the same time, we have a Bull Flag with already tested support, with target on 0.046!
For exactly seven years XRP price action has been trading inside a defined range as shown by the green arrows. A long or short position from those areas would have been excellent. For the last two years price action has traded inside an uptrend channel. The channel support has now failed with confirmation. Red arrow. The failed support follows the double top in...
Previous head and shoulder pattern is going to touch top flag line , any daily confirmation would appreciate this move, stay tuned.....$$$$
after retrace for 10 weeks, finally we see a bullish weekly candle on ETH, supported by 20 weeks MAs. in this zone (in yellow) considered a FLAG formation . is a bullish continuation trend. will see more upside once market break above $4000 mark.
Waiting for some clear levels to setup, potentially well into US market hours. Strong Bullish trend.
Formations of the triangle are starting to reveal it's with the next long target being 74K
And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
Here I have AUD/USD on the 1 Hr Chart! Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week! With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?! Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!! So far,...
Based on the analysis of the 4-hour Bitcoin (BTC) chart, here are the key points: Current Price Action : BTC is retracing to the 0.5 Fibonacci level. This retracement suggests potential for a bounce at this level. Chart Patterns: A bullish flag formation is present, indicating a continuation pattern. The current trend remains bullish. Technical...
USDJPY broke and closed above a key daily structure resistance. Analysing an hourly time frame, I spotted a strong bullish confirmation - breakout of a resistance line of a bullish flag pattern. We see a positive bullish reaction to that after the release of the yesterday's fundamentals. I will expect growth to 157.5 ❤️Please, support my work with like,...
On the above weekly chart price action has corrected over 90% since the sell signal (not shown). Today is great long opportunity. Why? 1) RSI and price action resistance breakout with support confirmation. 2) Multiple oscillators print bullish divergence. 3) Trend reversal. Higher highs higher lows replace lower highs lower lows. 4) The macro bull-flag...
Don't you agree? If market takes a turn from here all time highs, SNOW can see dirt, probably around 90s. Just saying
BTC is forming a bull flag on the daily chart after this nice 12% pump. The projection here is 78k, with multiple ETF discussions, election year, the halving, and NVDA earnings being strong the market is generally macro bullish here. The downside move here is around 66k even but the trend remains up. The weekly stochastic RSI also just started to point upwards as...
Bitcoin has formed bull flag on higher timeframes, As of now bull breakout is done, and is retesting the upper TL. If daily closes above the upper Trend line (TL), BTC is gonna fly with rocking speed.
Shipping stocks been in favour recently. ZIM is setting up nicely, I would like it to rest for this week and early next week would love to a break on huge volume. It is being bought up on any down bars. Might happen today as well so keenly monitoring this stock.