Ascending Triangle With Diamond Breakout.We could see an attempt to break above an ascending triangle from here which could result in an ABC movement towards $1500 as this looks like it could be somewhat of a Bull Flag.
Bullflags
LT - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL (1085-1090 range).
Stock is fundamentally strong. The sector is having good push by govt policies and LT being the leader, very high chances that it will rise near life time high.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
GBPNZD ona bull flag 🦐GBPNZD after breaking above the weekly resistance reached the previous high at 1.92 level.
From there the market started a retracement move into a bull flag and recently touch the 0.5 fib level.
According to Plancton's strategy, if the conditions will be satisfied, 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.
ZILUSDT is creating a Bull Flag 🦐After our idea with amazing profit , $ZIL.X is creating a bullflag on daily chart. IF the price will have a breakout upward, 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.
BTC BULL FLAG Looking at btc on the daily from pivot low to pivot high we are currently on the .5 fib as support.
IF we see the channel of the bull flag we may see another leg down to the 6.18 level or bounce again off the .5 fib level and then head up.\
If we use the lentgh of the pole for approx next targets we are looking at approx 50k
TOMOUSDT is inside a bull flag 🦐After previous Idea the price had a rejection from daily and historical resistance, and the price is starting to create a bull flag. IF the price will have a breakout from it and flip the daily resistance into new support, 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.
#CELR #CELRBTC $CELR BULL RUN HAS JUST STARTED JUST WATCH :)))))$CELR BULL RUN HAS JUST STARTED JUST WATCH :)))))
OPTI chartHigh timeframe take of the OptiBiotix chart. I expect the continuation of the recent impulse in another larger wave 3 during the next few weeks ahead. The overall trend is upward and came out from the lower of the channel consolidating right under the next resistance. Breaking up is expected and a strong impulse to the upside soon.
EURCAD on the retest of a channel 🦐EURCAD after a downtrend inside a descending channel, break to the upside.
The market broke the trendline and resistance and now retracing back inside a bull flag.
According to Plancton's strategy, if the market will break above, we can 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.
Ascending Triangle for TNY?It appears as though TNY is starting to slightly break the blue upward sloping support of potentially an Ascending Triangle to the downside, it would be ideal if the bulls hold this area of support.
In green, I have drawn what appears to be a longer-term trending descending triangle, or, bullish flag, the green downward sloping resistance is currently being tested, it's already acted as resistance approximately 5-6 times since Aug 2018, the more a trend line is tested the more likely it's going to be broken in either direction.
On the RSI it's noticeable that the blue upward sloping support has been broken to the downside, possibly a H&S formation happening where I've placed the human head and body icon with each shoulder being the green curved lines.
On the KST there's been a bearish cross.
Its a flag.....I mean if we go down, short term will suck for a bit. As it looks to be holding up that flag. I wont turn into a bear unless it proves otherwise.
PLUG beautiful Cup & Handle in place, next one to take off? Chart is our friend!
We have a Bull flag forming with a Cup & Handle,
I could see this rip trough the first resistance around $80
Recent headlines from Reuters helping the ODS:
* PLUG POWER EXCEEDS 2020 GUIDANCE AND RAISES TARGETS FOR 2021 AND 2024
* PLUG POWER INC - RAISING 2021 ESTIMATES FOR GROSS BILLINGS TO $475 MILLION
* PLUG POWER INC - INCREASING 2024 GROSS BILLINGS TARGET BY MORE THAN 40% TO $1.7 BILLION
Source text for Eikon: ID:nGNX5ypkH Further company coverage: PLUG
((Reuters.Briefs@thomsonreuters.com;))
Buckle up!
Bull Flag on COTY: Breakout Would Bring Big UpsideBull flag has formed on COTY. I will be watching price action in anticipation of COTY attempting another breakout of that top resistance line...If a breakout occurs we could see some bigtime upside to $12+....COTY will release its earnings on February 3rd and with all signs pointing to a beat, I believe this could be the catalyst for that breakout and big upside.
Bitcoin at heavy resistance level. If surpaassed - $43k is nextHello guys,
Here is my take on what is happening with BTC right now.
Daily chart
On the daily chart (the main one under this idea), we see a big bull flag pattern currently being formed. As the highest point, we take the all-time high of $42,000 where we also put the start point for our downtrend reversal Fibonacci retracement. The lowest point will be the swing low at $28,700.
As you can see, with just one "small" exception from January 21 the downtrend channel manages to keep the price moving within its boundaries.
What we saw in the last few days was bitcoin struggling in the $31,800 - $32,200 area where both the horizontal S/R and the Fibonacci 23.60 are situated. Once it escaped for that zone, it went right up to the next level at $33,800.
It is visible from the chart that the $33,800 - 34,600 zone was a particularly tough one. It is where BTC first stopped its rally on January 3, forced to make a short pullback to $32,000 (!) before continuing the uptrend. Then it served as support on January 12 (this is also where the diagonal support came into play). Once again on January 20 and later, on January 22 when the first try to break it from below failed.
My guess would be that if bulls re-take $34,600-$34,700 and surpass the short-term EMA on the daily chart, the bull run will be resumed with full force. A break above the downtrend channel, will confirm the bull flag and open the door for $43-$44k at least in the short-term.
Volume and Momentum Indicators:
Daily volumes, Volume Zone Oscillator, and RSI are all at the levels from December 12 when the big upward movement began.
t is true that usually low volumes or lack of real volumes during an uptrend might suggest it is not sustainable, but that was the case back in December, so the next couple of days will be crucial I think
Cheers
WTI is still consolidating...You can see on the chart that appears, that WTI is in a very strong upward period, but in some time it will still be consolidating first by forming a bull flag, before doing a further uptrend.
Note: Like and comment if my idea helps. Thank you.
Sunday Outlook 1/25-1/29 $EA $HD $AMZN and more! Here I go over some charts we are watching for the coming week as go over the results from last weeks video!
NASDAQ:AMZN NASDAQ:EA NYSE:HD NASDAQ:DDOG NASDAQ:LAZR NYSE:LMND NYSE:M NYSE:W
$ENPH Looking like a nice flag-ENPH looking like a nice flag and INHS
-Also showing a nice bounce of support if it breaks that trendline it can run nicely.
-Energy should also run with Biden catalyst coming up this week
PLTR - Perfect bullish pennant breakoutPLTR formed a perfect bullish pennant breakout last friday price close! More upside possible, watch price action closely on previous ATH.
Not financial advice.
Almost a bull flagPlease like and commen. let me know what you think.
In a daily chart we see tringle waiting for breakout, if not break upward we can see a short term down near to 0.38 Fibonacci level support.
But I expect more bull pattern. if we see on weekly chart, we are nearly Bull flag (not properly valid), so if break upward than bull will be much strong.
Before investing, do your own research. Good luck.
Giant Bullish Flag or Descending Triangle for Bitcoin?Bitcoin is potentially forming a giant H&S pattern inside of a larger Descending Triangle or Bullish Flag.
In light blue, I have drawn a hypothetical price scenario.
The RSI is breaking the downward sloping resistance of a descending triangle formation.
The KST saw a sharp deviation but has since found itself back into what could turn out as a bull flag or descending triangle.
In Dark Red inside the price pattern is potentially an H&S pattern.
GIANT Bull Flag Or Descending Triangle for BTC!!Bitcoin has found some bullish support at the horizontal base of the pattern, this area is going to need to hold if we're going to see continued upside price action.
The RSI is forming lower high after lower high, clearly a bearish divergence noticeable since back in December 2020.
On the KST we've seen a bullish cross.
Is it a bullflag???atm it seems like a bullflag and after the shoulder/head/shoulder pattern completed at 1950 then it is very quick to reach 2350...
