Seeing Machines chartThis share is still my favourite and my largest investment, and I am glad to see it in such a clear bull trend. I had so many options counted from the bottom, and the pictured is one of the most likely where the most impulsive move starts as a wave 1 and are finished with the subwave 3 of the wave 3 for that move. Further options are very similar just starting form the low and would include this entire move up as subwaves of the 3rd. Even if I dont account for any of the 5th wave extensions going forward the targets are well above the previous all time highs. Heading above ath is really just a blank canvas without real targets. People set it to 50p, £1 etc which are all possible fo rthe future ahead. The great thing about being in new ath, and making newer and newer ath`s is that nobody is unhappy, as there are just no losers who could possibly bought ever higher. This will push the sentiment and new investors to enter even more. I think the current setup is just ideal for any new entry here, as the sub wave 4 is finishing a possible triangle, touched the last E wave and is setting up for the 5th wave breakout.
There is just so much fundamental in this share that the potential news flow will be really continuous for this year ongoing.
I set the break of the previous ath to reach by half of the time the drop took from ath, this takes us to spring 2021. That would indicate strong bullishness to continue further upwards and extend those further impulsive waves.
I am still aiming to hold for a multibag in this year.
GLA
Bullflags
ZRX should bounce on a bull flag lower levelUnfortunately I can't post signals with multiple timeframe, however just know that the 2 green lines are bottom and upper level of a daily bull flag. In the falling channel you can see at 1h volume profile shows how price did a reversal on the control point (when many people entered the trade). Control point area coincide with 0.5 Fib retracement level (not shown) so it looks very fine!
I think that in this area is super safe up to 3200 sats, between 3200 and 3300 there's an uncertain area but if it goes over 3300 it should test the upper resistance (green line) and hopefully break out. You can see from the target there's a potential profit of +56% from there, if you enter at the bottom it's around +80%.
Trading BTC pair is kinda different from stable coins because it's like solving a 2 variables equation but once you make profit on this and you get BTC you realize it was worth. Remember, once a channel breaks is broken out price goes up and very commonly comes back to retest the upper level as a support. Don't sell in case you see the retracement as long as it stays in the support area.
CRSR bull flagging for next leg up?Accumulation has been occurring since November and CRSR has created a nice bull flag pattern. A strong volume shelf has been built up between $36-$40. The close today was right above the volume profile POC. Hoping to see upside momentum next week, with increasing volume. Will look for a break through of the bull flag and then possible re-test of the ATH at ~$51.50.
EGLD is in for another big run!Chart speaks clearly, I'm currently in UMA, 1INCH and ZRX and all are either exiting a correction or they're out but still quiet. I suppose that this is a phase of the market and very soon all these coins/tokens will start pumping.
This one is a good project, the moment it awakes again it'll do well I think.
SL at 139.57
XRP Bull Flag Break OutXRP has now finished its flag and assumed ascendancy at the midpoint of the correction, So it would appear to be preparing for a bullish trend to hopefully challenge the previous high of £0.47, if this is mark is broken I would expect it to achieve £0.55 before another consolidation.
Buying opportunities after the 22nd perhaps, If the exchanges allow US access, then there may be a large sell off, bear in mind that anything above £0.25 may sell given the entry prices at time of XRP being removed from US Exchanges following the SEC case
🎯EGLD - News Comes out, Price Goes up!🚀EGLD has seen massive growth this year so far, rightfully so as they are a great project pushing forward fast.
They released some pretty big stuff regarding defi on their network today after a good retrace from over $200.
Expect this to break upward and net some easy money.
UMA changed its pattern againLast night BTC dumped dragging the market with it, UMA included. This changed the chart pattern into a big bull flag. Yesterday I had checked UMABTC pattern which is less important than the stable coin pair and it was already in a bull flag, so now they both pairs have the same pattern.
Now there are 2 possiible ways out:
1) volume spikes bringing new liquidity and the price will do something similar to the green pattern I've drawn;
2) price will keep retracing but, according with TA rules, usually bull flags end retracement around 0.5 Fib level which shoul be the area of the bounce back attracting new liquidity because of the proximity to the break of the pattern (yellow line),
By default I'm never optimistic, I try to be realistic with a tendency to pessimism, so I'm expecting option 2 with a bounce which can be around 0.5 Fib, not necessarily exactly on the line.
A thing is certain though, I expect a break out within 3-4 days. If, like me, you're in from more than a week keep up and don't sell before this thing touches AT LEAST 45, but keep in mind that it has the potential to go much more. Let's squeeze the maximum profit out of this fucker, it's the least it can do after so much patience!
P.S.
green dashed line within the flag is a resistance I had identified days ago and, currently, coincide with 50 EMA line at this timeframe and 200 EMA at 1h timeframe
VET/USD Probability of going to $0,085 Cents Near/Short termAs price might seem Bearish to some, i don't think Vet is due to a drop lower.. Please note i might be wrong so DYOR.
Price is corresponding to our Bull Flag and touched the 0.5 (golden zone between 0.5 and 0.618) level on the fib, i am expecting price to break out around 18 February and i have my targets at $0.085 cent.
You might ask why $0.085? Well that's because my take profit level on the Fibonacci (-0.618) gives me a price of $0.085 and if i measure the low of the Flag pole to the top of it and place it on the bottom of the breakout zone then we have the same price target of $0.085.
So, all with all i am Bullish on Vet and as always i wish you all good luck.. may your gains be strong!
xoxo Mico
Buying Opportunity for $SDC$SDC is forming a diagonal led by an ascending trigonal into two bullish pennants (flag on the second). This stock has a large short interest and could pop off if it breaks the channel, but otherwise it still has large Elliott wave upside potential. Price target is listed at the top of the channel (C).
Chart looks bullish and it took a small dip to the edge of the channel on the daily. This is the 2hr for more accurate lines and technical indicators.
DEC/USDT Getting more attention and becomes bullishDecentr is one of the main competitors to BAT (with brave browser) but considering the market cap still very tiny.
Has a lot of potential to grow, but be careful because the market is very choppy.
I think a good entry is around 0.4$.
Volume is increasing considered over a longer timeframe.
AUDCAD on a bull flag 🦐AUDCAD on the daily broke the descending trendline of the bull flag and is ready to test the weekly resistance during next week
According to Plancton's strategy, if the price will break above, we can set a nice long 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.
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.
kotak bank going to be bullish in coming days?hello Fellow traders, I hope everyone is doing well
I found a bullish flag and pole pattern on Kotak Bank which took support at major support level and we can see 21 and 200 MA crossover which is also a bullish sign. Targets have been mentioned on the chart
let me know your views on kotak bank
AUD USD LONG IDEA * PRICE ACTION SWINGHello everyone
Hope you guys had a good week hopefully the markets have been good to everyone which is highly unlikely but hopefully.
Here's a look at AUDUSD from the 4H perspective, which saw a breakout of structure the descending channel / bull flag signalling continuation we see a retest of the structure so looking for long entries on the pair targeting resistance level above .
PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules.
AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
$pton - ascending triangle, bull flaggot beaten to death for no reason on earnings last week.
making higher lows which is always a good sign, getting closer to breaking out of the bull flag.
It looks better going into next week, but if my technical analysis stands, $200+ by late march/early April... and then some as it makes it ways back to the pitchfork median
OXTUSD - Still pumping. New target 56 cents!TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents.
Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success.
Though I took profits at 50 cents and closed the last trade (), I have re-entered this trade at 41 cents.
Reason? You can see from the chart, OXT still appears to have momentum. The bears have not been able to reverse this down to previous levels. Resultantly, a BULL FLAG has been forming. If I take the height of the last bull move, clone it, and then estimate an exit from the flag, I come up with a 56 cent target. Not bad!
Let me know if you all are seeing similar trajectories and if you have entered this trade by commenting below.
As always, I wish you the best!
Bitcoin Bull Flag Part Deux!It appears that Bitcoin has formed another Bull Flag and is in the process of breaking out of it to the upside. Of course when confirmed with a higher price and higher volume there will be no doubt.
I'm still long and added a few more Satoshi just under $30K, around $34.6 and my last buy around $44.5
Am I done? Probably not. Where else am I going to put my extra dollars each payday? lol
Good luck!
BBS Out!