Clear pennant pattern on 4h chart. Expecting a breakout in 2 days.
In the intricate dance of market dynamics, Bitcoin Cash (BCH) appears to be orchestrating a familiar tune, following the classic pattern of accumulation, manipulation, and distribution. Understanding this cyclical behavior may provide valuable insights for traders navigating the BCH landscape. Chart Analysis: Unraveling the Pattern Accumulation Phase: BCH has...
ESGL on the daily chart is showing a VWAP band breakout from the lower bands to the upper bands and had a huge day with after-hours follow through. On the 15 minute chart, a high tight flag is seen with price in consolidation in a pennant ( symmetrical triangle) in the after-hours and corresponding extreme relative volume denoted by blue histogram bars well...
I noticed pretty clear pennant pattern on 1 hour chart waiting for a breakout. Not a signal, just something to be aware of.
scouting possible retest 6:1 risk reward ratio a little too high timeframe for my tastes, trade could last 45 days, prefer 30 maximum and volume a little light so lower timeframes are a bit scatty
Just under 42K in BTCUSD is the 50% Fib of the entire drop from record highs to the 2022 low. It is also the objective from the recent triangle breakout. Note: this is very counter momentum - which are usually works out pretty quickly - either in profit or loss! Also - the triangle is probably part of a bull pennant in which case the upside objective is more like 49K.
Its seems my previous post may have been premature but this possibility is still on the cards given the bullish trending nature! Bulkowski Pennant @ Tilt :- thepatternsite.com
NASDAQ:UPST Upstart Holdings Inc FLOAT SHORTED: 45.10% entry PTs 24.16 (Buy date: 20 Dec '23) --> 2nd entry PT 27.43 (Buy date: 18 Jan '24) Target PTs 34 --> 24.16 --> 32.70 --> 27.43 Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform aggregates consumer...
NASDAQ:TIVC Tivic Health Systems Inc FLOAT SHORTED: 59.77% entry PT 1.86-ish Target PTs 3.40 - 3.60 --> 11-27 Tivic Health Systems Inc. operates as a health technology company, focuses on developing and commercializing non-invasive bioelectronic medicine. Its primary product is ClearUP, a bioelectronic medicine for the treatment of sinus and nasal congestion...
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KASPA uptrend seems to be holding, though a breakdown to 9.2 cent level is still possible. Using the power of wild speculation, the 1.618 fib extension of recent moves and apparent pennant breakout both seem to imply a possible future key level in the 24-25 cent zone.
bitcoin price are up this year gold collapsed two times this year in big way but bitcoin has been very strong if ending diagonal lower trend line breakout then you can say trend has peaked
Massive wedge breakout is imminent. Has been steady climbing back into wedge end, breaking resistance that was previous uptrend support on other timeframes. With new India plant news on the horizon this has IMO potential to hit 280 citing its approval. NASDAQ:TSLA Follow me on Snapchat for live charting. Shonufftrades
NASDAQ:CRSP High tight flags were first observed by legendary investor William O'Neil of IBD and CANSLIM fame. Check out the pattern on CRSP, showing an 86.12% gain in just 22 days. Notice the consolidation of 7.02% over the past week forming the high tight flag. Watch for a breakout on strong volume above the leading edge of the wedge for exponential gains....
Here I have AUD/JPY on the 4Hr Chart! Price was Rejected @ 98.534 creating the high on Nov' 15th. Since then Price failed at the same level and again at attempted Higher High on Nov' 27th! Following this Lower Highs are Higher Lows which seem to be forming a Pennant Pattern! Currently we have 3 Tests of the Falling Resistance and getting the 3rd test of the...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago price declined to the support line, thereby breaking the 35900 support level, which coincided with the buyer zone. Soon price rebounded and rose to the resistance line, breaking the 37500 resistance level, but when BTC reached this line, it...
Bitcoin has reached our 38.4 target then went back down. with BTC CME reaching to 39K and having a gap we could see BTC goes around 38.2 for another retest and then collapsing to the downside. Thanks for watching
ANH recent price action had price going below 12 June 2023 price, this represent a failed weekly cycle signalling that price is ready to decline into a yearly low price. We see price being rejected at the upper resistance. It is important to note that we have a pennant that is near resolution, it can break either way, if to the upside this can give short sellers a...