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Bullflags

Descending Triangle for BTC?!?!Since my previous chart on Bitcoin linked to this chart, we've seen BTC break-down from an Ascending Triangle after multiple fake-outs to the upside breaking the horizontal resistance; the green upward sloping support has been lost for the being, but is the recent price action merely another fake-out, but to the downside instead? Well, only time will tell, as for now, I can notice a Descending Triangle forming, and on the RSI there is a similar pattern. On the KST there has been a bearish cross where I've placed the red downward sloping finger. It's possible this pattern plays out as a Bull Flag as well. There's merit for an Inverted H&S pattern, the blue head icon would represent the head of the pattern, and the right shoulder would be the Descending Triangle pattern, but it would obviously have to play out bullishly to the upside as a bull flag for the inverted H&S to occur.
COINBASE:BTCUSD
by ScotianBot
ASX:BMN BULLFLAGBannerman Resources Limited (ASX:BMN) is an ASX and NSX listed exploration and development company with a 95% interest in the Etango Uranium Project in Namibia; a southern African country which is a premier mining jurisdiction. Bullish Outlook: - Bullflag Identified - Double Bottom off Daily Support - RSI above 50.00 level - MACD Bullish - Volume increasing over the last 4 months - Above 20 MA - Targets above 1:2 RR Bearish Outlook: If previous high fails, then a test off daily support is likely. If bearish action continues then test of 8-9c is up next. "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
ASX:BMNLong
by Trader_Johnni
1
Bull Flag ? Let's Run It UP ! FET/BTC #FetchAI $FET #FETHere we see our FET 2 hour chart from Binance . And inside those black lines it appears we have a Bull Flag forming . This is bullish and should break up after it finishes it's consolidation.If you don't know what a Bull Flag actually is - it's a formation you will find on a chart that has a strong uptrend in place. This uptrend can almost look like a Flagpole- hence the name. A pullback happens forming the "flag" of this pattern and after it is finished consolidating it will break upwards . So where that green arrow is on my chart I expect to see this break up . Could be tomorrow or could be next week - it's hard to say . But we will see FET start a rise towards it's previous high of 1550 from last Summer at some point. And then onwards after that . I'll post my previous FET chart below.
by shimmeringpath
8
Is HIVE about to breakout of a Bull Flag?It appears as though Hive is slightly breaching the downward sloping resistance of a Bull Flag, recently there was another fake-out to the downside of the horizontal baseline of support but the sp has created a higher low on top of the rising channel for a second time where I have placed the blue fingers. The RSI is already breaching the downward sloping resistance of a similar pattern. On the KST there has been a bullish cross, you need to zoom in close to get a clear view. The chart linked to this chart displays a slightly different narrative, it displays the sp is trading inside the rising channel on the verge of breaking out to the upside.
TSXV:HIVELong
by ScotianBot
2
GBPNZD will break the flag? 🦐GBPNZD after our last analysis reached the recent highs and starts a retracement within a channel till the support level. According to Plancton's strategy if the conditions will be satisfied we will set a new 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
DXY 91.58 - 0.11 % LONG IDEA * CONTINUATION PATTERNS AND STRUCTUHELLO EVERYONE Hope everyone is good & rested, Here's a look at the dollar index in the week ahead from the 4H * The index has been trading in a descending channel on a larger scale that tested the floor of the structure currently rallying on an uptrend. * On this uptrend we see impulses and corrective structure in the form of bull flags looking for continuation of this moves. * break below and significant moves with the bears change the plan. * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:DXYLong
by PULEMokhothu
2
🔥 ENJ Potential Bull Flag Break-OutENJ has seen some tremendous gains over the last couple of weeks. After a bullish break-out of the last bull flag last week, ENJ has produced another bull flag over the last few days. With the current bullish pressure, ENJ might very well break-out from said flag and continue its path upward. Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, 2.4 and 2.6 respectively. Do your own due diligence. Happy trading!
Long
by FieryTrading
31
QTUM/USDT >300% Big PotentialQTUM just started its bullrun currently forming a bullish flag above the first resistance. A lot of potential ahead. The volume rises for already a year now. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. 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. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only.
Long
by tumbler55
2
Bullish Flag for OSTK?OSTK appears to be consolidating into a giant bullish flag drawn in blue. On the KST there was a bearish cross where I've placed the red upward-pointing finger. I have placed a blue question mark to represent where a bullish cross is potentially going to occur near term. It's always possible this pattern plays out bearishly as a descending triangle, and if that happens the horizontal baseline of support will be broken to the downside; expect the red lines below to act as support areas in the event of a fake-out. JP Morgan has filed an application with the SEC to issue notes for a new investment product. The new basket dubbed “J. P Morgan Cryptocurrency Exposure Basket” will track the equity of publicly-traded U.S companies that are either “directly or indirectly” invested in Bitcoin and cryptocurrency-related efforts. Overstock is one of the companies on JP Morgan's list.
OLong
by ScotianBot
USDJPY 108.739 - 0.08 % LONG IDEA * PRICE & CONTINUATION PTTNS Hey everyone Here's a look at the DOLLAR / YEN hope everyone is having a good one. * The pair has been on a bullish rally with some strong momentum looking like its currently building a bull flag which could possibly be signallying continuation with the bulls. * A look at the MONTHLY chart shows a break above the descending triangle which has seen a range for a while a break above BULL are in control. * will be watching price for continuation to the upside, a break above of structure is a trigger among other things. * follow your entry rules on entries * significant moves with the bears change the plan. * TIGHT SL lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
2
DOTUSDT is creating a huge bullflag. 🦐The price is creating a bull flag on the daily timeframe. We are waiting for the 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. 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
2