📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find...
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 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
Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. Often when quick increases happen, pullbacks and corrections are sure to follow, even during a bull market this is natural. ETH formed a flag, and this gives the opportunity to take either a long or a short. Watch the video for a quick...
We've got a triangle, wedge, pennant pattern forming here on the GBPNZD and in this video i want to show you how I use the anchored volume tool to project the levels that price is likely to go to once we breakout from the pattern. If you have any questions or comments about the idea, or if you just want to share your own views, please leave it in the comment...
In the following video I've provided 3 scenarios in which I would look to take part in any trades. The first of which is quite simply a higher high will produce another higher high. Both scenarios afterwards are reversals. If price throws indecision in the correct direction, it signals a reversal. The daily close today will suggest a lot at yesterday was...
This is another update about the bitcoin as the price action has been developing in another consolidation factor. During the development of the price action, we also see that the price is now forming another bearish scenario as the liquidation factor involved in this analysis.
Bitcoin Performed both upside an downside sweep and now its trying to make its main move. with the 3 leg strategy this should be a pump- lots of bull signs which I talked about in video I also talked about my own bearish bias and why I think this is a jebait Lots of liquidation cluster to the downside. The Big H&S that Ive mentioned in 2 previous video is...
In this multi-time frame analysis, I go over the bullish outlook and forecast on GBPCAD. I outlined the 2 possible scenarios of the price to wait for in order to confirm the next bullish up move. Remember to clearly understand what forecasting is for to give you a better entry rather than blindly enter without any price action confirmations. Higher time frame:
BTC\1H Doing a pennant which is a sign of continuation With yesterday move performing a SL hunt and start to performing a pennant there which shows us there might be more down side to come.but it could also invalidate it by going up and taking all the liquiditiy around 22900 to 23400. Todays Events will totally spice things up even more than yesterday Dxy...
BTC/1H `at the bottom of rising broadening wedge Forming another pennant ` After Pumping into 23.9 yesterday btc gets rejected at a local support and starts to bleed and touches the bottom of the rising broadening wedge The Rejection was heavier than the pump and price endedup consolidating near the bottom of the wedge indicating we might exit it again Also...
Bitcoin/1H Doing another Pennant We are also in a down trend channel that I draw which everytime it reaches the end of the channel it makes a move. Worth noticing when SPX was consolidating btc went to 25K now that spx started to move down btc coming down with it. We could perform a fake pump and grab some liquidity before further downside.bearish momentun is just...
Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2) Please Follow,Boost,Commet it really motivates me to do more. REALLY DOES!!!!! Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down...
BYBIT:UNFIUSDT BINANCE:UNFIUSDT UNFI has been trading in a range for the last few days and I show you where to take potential trades. This asset can be extremely volatile, so trade with caution, but if you find yourself in a move in the right direction, a quick scalp trade could turn into a beautiful swing trade!! Not Financial Advice. DYOR. Papertrade before...
-Bullish pennant daily chart pattern. -Long term bullish in gold/commodities with inflation and with potential inflation rated. -Buy low/Sell high. -Potential stop loss hunt when the price gets more squeezed closer together. Normally a big explosive move to the upside comes from this. -I could see a fake-out to the downside and trap a lot of traders then the big...
Am I seeing a Bearish Pennant? Has price brokent structure to the downside, and now retracing to supply? I see the argument for upside, but I believe the PA is showing further declines are imminent. I would love to get some feedback on this analysis. Share your opinion and your ideas for BTC in the comments section. Thank you.
This analysis shows the main factors behind the Short Position opened on the EURO AUD. These include 1. The Formation of Double Tops on the Daily Chart. 2. The Formation of a Pennant Setup on the Daily Chart. 3. The expected move towards major Support within 3 Days. 4. The expected move towards the Pennant Support in 7 to 14 Days. The market provided a...
Hourly - Bullish Daily - Bullish Weekly - Bullish Looking good.