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Bearish Flag

TSLA: We nailed the TOP! Is there a BOTTOM now?• We nailed the previous top on TSLA, thanks to the dual-confirmation of the Bearish Flag (1h) + Resistance at $198 (D). The link to my previous analysis on TSLA is below this post, as usual; • Now TSLA just hit its technical support at $177, as expected. There’s not a single bullish reaction on it yet, but if we see one, the timing would be perfect; • By losing the support at the red line, TSLA would just resume the bearish sentiment, and the next target would be something around $150 - $130; • The volume is very low, and TSLA is just very weak at the moment. What if it reacts and triggers a reversal? The $198 would be the next target, as this is our main resistance to break in the short-term. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
2
USDJPY range boundUSDJPY is the only pending order I have at the London Open today. The consolidation is growing and the energy will be building for a breakout soon enough. The Daily trend has been lower of late and the higher time frame has a Bear Flag pattern that is growing the longer the consolidation occurs, with a target for TP1 @ 135.86 Currency pairs have been reversing their daily momentum this week, so I am leaving the USDJPY to buy on too. Just in case this is not a consolidation before a breakdown but an accumulation phase.
by Macrobriefing
TSLA: Another BULLSEYE! What to expect next?• Since our last analysis, TSLA hit our target around $179 with an astonishing precision, and now it seems it wants to bounce again (the link to my previous analysis is below this post, as usual); • In the 1h chart, it seems TSLA is in a bull trend, as it is doing higher highs/lows, and it triggered an IH&S chart pattern as well. However, I noticed recently that it might be trapped in an Ascending Channel, which could become a Bearish Flag; • In order to avoid a bearish scenario, TSLA must react as soon as possible, and break the $198.55. As seen in the daily chart, this key point was a previous support, which is working as a resistance now; • In addition, if it triggers the bearish flag by losing the support at the purple trend line, it will frustrate any bullish thesis; • Therefore, the key points to watch are the purple trend lines and the $198 area. The next movement will probably be dictated by the breakout of one of these two lines. Remember to follow me to keep in touch with my analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
1
Btc on it's way down but stopping at the previous local lowsNow that the flag has been broken, the price is heading down, but not before hitting a few stops along the way which may act as support. It is currently at the first support which was the previous low from last week. The next will be the 15300 or so and finally the bottomish would be around mid 14k; 14500ish. In the long run It could very well pull a whole flagpole move and go down to 11k, but I have yet to see the flag pole and flag method work reliably. Good luck out there.
COINBASE:BTCUSDShort
by Siriuszbusiness
2
SOL breaking down from channel.The measured move from the yellow channel breakdown has a target of around 3.33 - 3.40. There is a chance however that sol finds support on the green trendline before reaching that full target. If we considered that same yellow channel to be the flag of a bear flag however the measured move goes all the way down to negative 83. Obviously thats not possible but it does leave room for sol to fall as hard as FTT did. For Sol to have a future it is going to need to at least hold support around the channel breakdown measured move imo. If it somehow holds the green trendline as support then that greatly increases its chances of one day reclaiming its former glory…either way for now it looks like there will be more downside to come even if it doesnt reach the full channel breakdown target. *not financial advice*
FTX:SOLUSDShort
by DrDovetail
🐶DOGE - 30% crash is imminent! 30% crash is definitely very possible on DOGE, so be prepared for it! After a 189% pump on DOGE, do not be surprised at all if we the bears step in. What goes up fast also goes down even faster. An impulse wave was detected from the peak, which is not a great sign. There is an increased probability of another impulse wave to the downside. Overall, I think this huge pump on DOGE is done, and I expect a retracement to shake out late longs. Let me know in the comments section what you think about DOGE. Are you bullish or bearish? I look forward to your comments! The latest news on DOGE is that Twitter will not include any cryptocurrency at this moment in their business plan. I believe DOGE will go up, but not now; it's just too fast. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
60
PolkaDot - A huge breakout or a trap? Please do not buy DOT. There are many, many better coins. This analysis is for you if you want to get out of DOT or if you want to buy DOT. This altcoin looks really bad. I would not buy it. But, it looks like we will have a relief uptrend. I think we can definitely reach at least the 0.382 FIB retracement of this downtrend wave. This wave should be completed and we are looking for a bullish correction. We have a descending parallel channel that has been destroyed by the bulls recently. So the bears should pause for a while. As per my Elliott Wave analysis, there is an impulse wave, which is a great sign of weakness. This is probably not the bottom! I expect a huge bear market after the retracement, so be careful with this altcoin. Look at my ideas about APT, ETH, BTC, and inflation in the related section down below. For more analysis, hit "Like" and "Follow"!
by UnknownUnicorn2537518
24
❌APT Aptos - Be careful, do not buy this coin! I see multiple warning signs on this chart. It looks like a lot of traders bought this coin on the spot market and also longed this coin on the futures market to get rekt. The price action is absolutely bearish on the APT coin. I strongly suggest staying away from this altcoin. You can probably buy it at 1 USDT later! The bulls failed to do an impulse wave, which is a disaster. Also, we can spot a triangle, which you do not want to see at all if you are a bull. From the fundamentals perspective, APT is likely a great coin. That's why I recommend buying APT at much lower prices. This is just a quick update on this coin and my opinion. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
54
Bitcoin - Drop to 13 000 USDT! But first a relief uptrend!🟡 The situation for Bitcoin is terrible. There is nothing bullish at this moment. We are below the 200 weekly moving average and the main trendline from 2013 has been destroyed by the bears recently. The bulls are weak, and the only trump that they have is the 200 weekly moving average on the TOTAL crypto market cap chart, because the price is above this level. On the 4h chart we have a descending parallel channel that is well respected, so there is a possibility for another drop down in the immediate short term. As per my Elliott Wave analysis, an impulse wave has been printed on the chart, and this is absolutely devastating for the bulls. That's not what you want to see. Anyways, I think this impulse wave is done or almost done and we should go up for an ABC correction above the previous triangle to wipe out late shorts on the futures. Then it looks like we will continue lower to 13 000 USDT, which would be a great zone for a long position back above 25 000 USDT. However, I don't think we will hit the all-time high in the next few years. It looks like the bubble has popped and we are in the first real bear market in the history of Bitcoin. The first bull cycle from 2009 - 2021 has ended and we are in the first bear cycle. We don't know how long this bear cycle is going to last. For more analysis hit "Like" and "Follow"!
by UnknownUnicorn2537518
239
Joe Gun2Head Trade - Bearish Flag on LitecoinTrade Idea: Selling Litecoin Reasoning: Bearish Flag on the 60min chart. Entry Level: 52.52 Take Profit Level: 50.52 Stop Loss: 53.13 Risk/Reward: 3.35:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:LTCUSDShort
by Signal_Centre
3
USDJPY Bearish Flag Breakout SHORT!Welcome back! Let me know your thoughts in the comments! **USDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
9