Get ready—TAIKO is on the move and could easily hit 3.5 today! Pre-NY Session Buzz TAIKO is trending strong ahead of the NY session open. With the influx of NY volume, we might see a dramatic price action—either a sell-off or a price boost. Trade Setup With an impressive 7:1 risk-reward ratio, I’m jumping in on this opportunity. This could be a...
Does This look like a bullish Pennant? This looks like a classical pennant, well defined. support @ $12, and a trending bearish trend for resistants, need to wait for confirmation
Bet that title got your attention. Well it might not be as crazy as it seems. An exercise performed by yours truly is to scan through monthly charts on the beginning of each new month. Takes more time than you imagine. Gamestop is certainly worthy of attention on the monthly time frame. On the above monthly chart: 1) It is without question, past resistance...
Are we entering the golden days of meme coins? MEWUSDT is looking incredibly promising! Bull Flag Ready to Explode MEWUSDT has formed a textbook bull flag, and it’s poised for a breakout. The chart is screaming for a move upwards, and the hype is real! Could this be the next big meme coin explosion? Stay tuned and let’s ride this wave together!
The ECB are expected to cut their benchmark rate for the first time in 8 years in a few hours. Yet as it has been so well telegraphed and they seem unlikely to provide promise of further cuts just yet, we suspect upside potential for euro pairs once the dust has settled. And with Wall Street at new highs and appetite for risk on the rise, EUR/JPY looks good for...
this is what I have charted so far on XAUUSD, everything is indicating upside any thoughts on this?
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!
On the above 8-day chart price action has corrected 95% from $80 in early 2021. A number of reasons now exist to be consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action confirms trend reversal. Higher highs higher lows. 3) Price action confirms support on past resistance. (Green bar). 4) The inverse head &...
Bought today, after it started moving and reclaimed ema8. Was in the watchlist after the PEG.
In my most recent BTC analysis I talked about a pending break out of a bull-flag pattern. My previous design was not the one the market agreed upon, so had to redraw the bottom support. As expected, the price is breaking out through the top resistance as we speak. Wait for the candle to close for confirmation. My view is quite bullish, so I'm expecting this...
A massive flag has formed on the crypto total market cap. This could reach 4 T in the next 12/16 months as the btc halving pattern and previous cycles returns confirm. the incoming ETH ETFs and Hong Kong BTC ETF as well are good signs.
Any thoughts on this pattern on 4 hour chart? would like some more input on this.. after researching a bit im thinking bullish if it breaks above top trend line and bearish if it breaks under
According to #BTC weekly chart we have weeks left until we start to retrace again (If we trade similar to last breakout) - Take profits in the 73-75K zone - Trade Alts - Return on the dip or if btc males it to 80K and the idea fails
After the first Elliott impulse wave, a correction of the second wave in the form of an ABC pattern was completed, forming a flag. According to the flag formation, there is potential for growth within the third wave towards the large liquidity pool zone and the 1.618 Fibonacci level. From there, a correction within the fourth wave is expected, followed by the...
Hello cryptocurrency traders.Ethereum has formed a flag pattern after a beautiful exit from the upward triangle, now it can grow to the size of a flag pole. Please trade based on your own analysis.
On the above 1 day chart price action has corrected 60% since early April. A number of reasons now invite a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance. Once the horizontal 2nd the diagonal. 3) The flag. The breakout is clear to see with the flagpole extension measuring a 200%...
There is no divergence on RSI on 1 hr and 4hr chart. Trend seems to continue with Bullish Flag continuation pattern. Price retraced to Fib level of 0.61 and bounced back from that point.
GBPAUD, wait break 1.9230 with full candle dan wait for retest, will give us oppourtunity for inverse SHS pattern. with target Take profit at 1.9400-1.9450 dan SL i will put at 1.9130. Lets See Happy Trading Disclaimer On