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Bullflags

Simply put, THETA will out perform BTC next few monthsClear massive bull flag breakout has occurred on the 6-hourly chart (and others). The flag goes back to about 4 months ago now. Very strong sign for THETA/ BTC pair for the next few months. Closing a 6-hour candle strongly above 27,700 sats with high demand will certainly launch a large upthrust. Green squiggle would be a super healthy bullish return to test ATH. But how we come up to test ATH could vary wildly. Regardless, we are likely to at least touch ATH once more soonish.
Long
by lysergik
ADA/BTC Forming another bullish flag. Moving towards ATH.Cardano is moving towards new ATH considering the ADA/BTC chart. Currently we ca see the formation of a second bullflag since the head and shoulders breakout. We expect some more consolidation before an upwards breakout. Smart contracts are around the corner and money is coming towards ADA. With its proof of stake mechanism it also is energy efficient. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, white and pink lines are 200MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
SHAK -on firmer ground to recoveryAfter hitting a low of 78 in a few weeks ago, SHAK finally gapped up on strong volume on 25 May, suggesting that the downward pressure might be over. Over the last 2 weeks it began to form a bull flag cummulating to a strong break out of this bull flag yesterday. These adds credibility that the trend has now reversed to the upside. I am expecting a near term target of at least 104-105 (gap fill and a previous support turned resistence). Should it be able to clear this level, then 115 becomes a possibility. Trail your stops upwards accordingly. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
NYSE:SHAKLong
by Juliac
My prediction of the Gold movement until the end of 2022Depending on the 200d MA, and considering the long Bull flag, and on the other hand, looking at the economic outlook and the state of inflation and US interest rates and Possible weakness of the dollar index, we can consider the main movement of gold as an uptrend until almost the end of 2022, or even a few months earlier, Gold could be traded in the range of nearly $ 3,000 . Perhaps if it were not the current interest and transfer of a huge amount of capital to the cryptocurrency market, we could be seeing much higher rates of gold now. What do you think about this scenario? shall we got ready for this?
TVC:GOLD
by monaA89
SKLZ - Will this Adam & Eve work out?Congrats if you had entered near it's Adam and Eve's bottom @ 12.50 (a 76% gain by now!). I am still bullish on it at the moment due to the mini bull flag that has formed in the past few days and finally a close above it's neckline @ 12.50 yesterday. Let's see if the A&E target of $30 will materialise! Stop loss @ 18.90 for now. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
NYSE:SKLZLong
by Juliac
Flags, Waves, Extensions Oh My!Bull flag breakout in Feb 2021 created impulse wave upward with 5th wave culminating in April 2021 top. This was followed by A-B-C retracement pattern from mid April thru mid May 2021. Mid May C point low is 1.618 downward extension from prior upward wave high point at wave 5 and low point of wave 2. From C point in mid-May 2021 we are consolidating around the 30k support range and forming a triangle and possibly a bear flag pattern. Should price break above this triangle and the June 3rd high this could lead to a new upward impulse move which begins a new 5-part wave pattern upward possibly meeting or exceeding prior all-time-highs. Conversely a break below the triangle could send price down to prior resistance levels from December 2020 which may function as support.
BITFINEX:BTCUSD
by BDTrading
GBPNZD on a bull flag 🦐GBPNZD on the 4h chart after the rejection by the monthly resistance retraced at the 1.93650 area. The marker started a new impulse and is now trading inside a bull flag. According to Plancton's strategy if the price will break above we will set a nice long 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. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
5