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Bullflags

LUNAUSDT is testing the 80$The price had a breakout from the descending channel from the daily timeframe and now the market is testing the 80$ as new resistance. On the 4h timeframe the price is creating a W pattern and we could see a retest of its neckline around 0.5 - 0.618 Fibonacci level before the new bullish impulse. How to approach? We are monitoring the price, if the market is going to have a clear breakout from the 80$ resistance and flip into new support, we can apply our rules for a new long position. If the price is going to have a retracement until 0.5 - 0.618 Fibonacci level, we can wait for a bounce a look for a new long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
4
BTC NEXT MOVEI think we will see where BTC is going within the next 20 hours (my guess is in the next 8hours but who knows...). I have my technical targets shown on this chart. I'm currently sidelined looking to get a decent short entry. Volume on HTF doesn't justify this breakout to be sustainable (imo). Lot's of bearish divergences on RSI even on the daily. Break my violet line (45704.22$) and close above and I'll be sidelined + not looking to short. However, with all these potential black swans I won't long at the moment. If this happens to be a so called bull flag, which I heavily doubt, I could see us touching the upper zone of my resistance box which would mean (51579.45$), a very long way to go, but you never know with BTC. Note that there is a CME gap in the 42k area as well. My system tells me 42.5k area before another bigger move (this would also line up with the EMA50 on the 4H which could act as support). I have much more to say, but let's keep it "short"! Note that this is NOT Financial Advice, I'm just sharing my view and looking to have discussions in the comments! Still learning everyday!
COINBASE:BTCUSDShort
by One4One
Up, up and away!The coffee futures have broken today the bullish flag, and this derivate on coffee follows the coffee price accordingly. Maybe in the following days, a pullback is possible, reaching 3,71 or the vicinity of the broken trendline below. According to the seasonality and inflation, I expect a general bullish trend in coffee until the end of the year. But buying this instrument and holding it until the end of the year could be difficult because of the volatility decay. Take care!
MIL:3CFLLong
by p4917
Breakout Imminent?! Bitcoin is trading at a tight range right below the current resistance levels. This is a bullish sign because it shows that the buyers are willing to step in closer to resistance. With that being said, I can see a breakout soon to the upside but in case it goes the opposite direction you can see the next support shown on the chart. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
BITFINEX:BTCUSD
by rnaofs
Insane VeChain Bull Flag in Formation!Hey Traders, This may be my most important trade yet! According to the Weekly chart of VETUSD, the price action has formed a bull flag (attached image URL). The breakout target out of this pattern is approximately 1.1-1.2 USD. In the rare case this does break down the target would be 0.007 USD (In this case we could open a short). VeChain (VET) is a very revolutionary blockchain product, its utility is very unique compared to other Cryptocurrency Projects. The various amounts of things VeChain could be used to track for supply are infinite, not to mention it could also partner up with things like oracles AKA Chainlink to make it more efficient and data rich. I hope this helped, -Pulkanator
Long
by Pulkanatir
5
BTC Perfect exmple of support turns in to resistance!Yestaterday i put long position because of the Bull flag breakout.Target was almost hit but i took my profits at 45.4k because of the previous support now turned in to resistance at 45.5k. If we see sign of a bounce i am ready to put small long position at the weekly support at 43.1k Trade smart and good luck to all traders. What do you think about my opinion? If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading. BTC TO THE MOON!
Long
by Mladen94
EURAUD on a bull flag 🦐EURAUD on the 4h chart is moving in a descending retracement channel. The price after the attempt to break above the weekly resistance tested the 0.5 Fib level and moved to the upper trendline of the channel. How can we approach this scenario? We will wait for the market to break the channel and move over the weekly resistance, in that case, will start to check for a possible retest of the structure and set a nice long order according to the Plancton academy rules. ––––– 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
8
Ravencoin (RVN) squeezing inside the bullish pennantRavencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved. Earlier the reward for mining a block was 5000 RVN but after the January 2022 halving it got reduced to 2500 Rvn which means less dumping from the miners. As we have seen previously in BTC which increased significantly in value after halving, same might happen in ravencoin as it is a fork of bitcoin. RVN is increasingly used to mint NFT's which means more demand for RVN to issue assets on its blockchain. Rvn price and Macd are squeezing in this massive triangle which it about to come to an end and it might go up sooner or later. Keep this GEM in your watchlists.
Long
by NayibSayilor
1
BTC/USD - 1M - Potential cycle top scenario Duplicated a single blue curve trend line a few times on the monthly, to create this messy chart! 'BTC Log Growth Curve' indicator top (red band), meets my blue curve tops/collisions. This can also be seen during previous market tops on this same chart (assuming the blue curves are legit). BTC cycle top looking to be around $152K. Blimey. Bull flag. White channel (flag) measured move already played out. Yellow pole's measured move taps the $97K area. Red box showing best case sell zone. Green box showing worst case retrace zone, which also taps the 21EMA. December still looking like go-time.
BITSTAMP:BTCUSDLong
by dimuthj
2
AUDNZD on a bull flag? 🦐AUDNZD on the 4h chart is trading below a weekly resistance. The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition 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
19
Hidden Bull Flag Formation!Hey traders! As you can see on the Daily Candles of the Total Cryptocurrency Marketcap chart, we began with a Bull Flag pattern that started during summer, I believe this is somewhat of a fractal we are experiencing now. What happened during this downtrend is that we got two touches to the upper resistance line and two touches to the lower support line. During this period we also had a fakeout which also happened in the current one (Labeled "Fakeout"). Now that being said, it seems as if the break out of the downtrend will occur during late January or very early February. However, what is key is that we don't break the support line as shown. Based on all this, early February is something you want to watch very closely. Safe trading, -Pulkanator
CRYPTOCAP:TOTALLong
by Pulkanatir
BTC Going towards 72k to 80kBull Flag Break and tested as well. Now on Monthly Resistant Line if it break so it will go towards 63k to 65k BuyZones: 50000 51000 5300 Take Profits: 58000 60000 63000 65000 67000 69000 72000 75000 78000 81000 StopLoss: 49500 Legend: 🔴 Pink Structure -> Monthly Structure. 🟣 Purple Structure -> Week Structure. ​🔵 Blue structure -> Daily structure. 🟡 ​​Yellow structure -> 4H structure. ⚪​​ ​​Grey structure -> 1H structure.
Long
by BlackBirdTrading