SOL USDT PAIRmostle ALT COINS depend on btc dominance.in sol usdt pair we can see a clear break out(pennant)
Pennantbreakout
$WTRH Looks tender for another leg up!Looks like we had one heck of a strong close on Friday WTRH managed to hang in there with the volume after a red day...
Interesting price action; The approach I am taking is the $1.57 break. As soon as we break I will look for 1-2 candlestick confirmations and take an entry
HNT/USDT Reverse Head & Shoulder BreakoutHNT breaking out of reverse H&S pattern. Currently retested and squeezing inside a pennant in 15 mins chart. Wait for the breakout of the pennant to enter.
Use the next resistance level as Target.
This is not financial advice please DYOR
ETH poised to reach 6750USD by 2022A large pennant has been forming on the daily ETH chart since May 2021. Based on the height at the large end of the pennant (~61%), I expect ETH to at least go to 6750USD by 1 Jan 2022, with the big pump beginning around Thanksgiving. Happy holidays to us!
BTC - Pennant ConfirmedFound Resistance at the break 23.6% level. BTC is working on a mini-pennant setting-up under resistance.
C98- Bullish PennantSuper long trade here to top fib extensions, think this is going to be a big runner GL all!
Massive GME Bull PennantThis huge Bull Pennant for GME is coming to a head in 4 weeks. First major resistance level on the weekly chart is at $231.41. Breaking this level means smooth sailing all the way to $348.50 and also breaking the upper bound of the large wedge. Past that resistance level means clear skies to all time high territory, as well as a definitive breakout of the bull pennant.
ATER HIGH RELATIVE VOLUME!!!-Tuesday morning this ones ready to go
-The set up is there we just need volume to follow trough and we are on the greenside
-I'm seeing double digits on this one
-Massive relative volume on this one.
BTC - The Game of Patterns - Pennant ConfirmedStrong move after the 2 hour Lower High and Pennant Break as the Pattern has achieved 100% of it's Pattern Break Target. Watching for Bearish Divergence on new highs as price works towards the larger frame Golden Mean.
CHRUSDT is creating a pennant CHRUSDT is creating a pennant below the weekly resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ADA pennant above channelAda broke above the resistance level of this ascending channel. 12% in profit since the last idea was published. Now in BULL pennant which is a continuation pattern, volume falling and move could be near, a retest of the resistance level of this broken channel could be a good entry also. This is very bullish for ADA.
BTC - The Game of Patterns - Second PennantPrice Compression as the first Pennant achieved 45% of it's break target. Support at the daily 8 EMA (46,300)
FLMUSDT is creating a pennant 🦐FLMUSDT is creating a pennant. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
BTCUSD Pennant Pattern wait for breakout in 1H !Hello Everyone if you like idea, do not forget to support with a like and follow!tnx
Where is AAPL headed next?AAPL broke out of the symmetrical triangle that started forming early July 2021.
Next stop is $160!
$160 is the measured objective of the pattern and also the resistance of the long equidistant channel forming since September of 2020
AAPL Bull Pennant. Breakout or Bull Trap?Bull Thesis -
1) The first thing I noted was the large up-trending channel
2) Currently a Bullish Pennant has formed inside the channel
- My main theory is a breakout of the wedge to the upside.
- I used a bottom fitted curve from the bull pennant "post/mast/flagpole" to give a general trend after the breakout. This is how I arrived at my price target noted on the chart. $155 around Sep 11th, 21'
Bear Thesis -
3) Volume on the upward price spikes has been dropping steadily ytd.
4) The bullish pennant has formed at the top range of the channel, and may be ready for a pull back.
5) If breakout of the wedge to the downside occurs, I used a similar curve from the flagpole to give my estimate on the chart when it nears the bottom of the channel. $134 around Sep 7th, 21'
DOGEUSDT is creating a pennant below the weekly resistance 🦐DOGEUSDT is creating a pennant below the weekly resistance 🦐, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
AAPL Chart Pattern Flag (Pennant)!Price in one penny!
Do you see the flagpole?
The price is expected to rise as much as the flagpole
AXSUSDT is creating a daily pennant 🦐AXSUSDT is creating a daily pennant after the price bounced on the 0.382 Fibonacci level. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
$AMC Daily Pennant Conclusion and MACD ConvergenceWill we break-out or break-down?
Hoping for the break-out to the 90's. Lux Algo still holding strong on that Buy signal since January 25th @ $3.60 and MACD is converging next week.
Earnings shouldn't be great, but nobody is selling anyway. Bears have exhausted their sell off ladder attack from 2 weeks ago. Double Bottom last week played out fully without a hitch. MACD is converging next week. Maybe a fake-out break-down at earnings to the low $30's again?
With so much support on @ the $30's I think it would take institutions selling heavily to force the stock down and try to recapture some paper hands.
NYSE:AMC
