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Bullish Flag

GOLD in a Bullish Flag – Breakout Incoming?OANDA:XAUUSD is undergoing a corrective move as it tests the lower boundary of the ascending channel, which serves as dynamic trendline support. The structure aligns with a bullish flag formation, indicating the potential for a continuation to the upside if buyers step in. A successful rebound from this level could lead to a move toward the midline of the channel, with the next target at 3,100, aligning with the upper boundary of the channel. This scenario would preserve the broader bullish trend. A confirmed breakdown below the trendline support, however, would invalidate the bullish outlook and open the door for further downside. Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised, always confirm your setups and trade with solid risk management. If you have any thoughts on this setup or additional insights, drop them in the comments!
PEPPERSTONE:XAUUSDLong
by TrendDiva
23
GBP/USD Bullish Channel – Buy Opportunity! Overview: The British Pound (GBP) against the US Dollar (USD) is currently trading within an ascending channel on the 4-hour timeframe. The price is approaching a key buy zone at the lower trendline, presenting a potential long opportunity if bullish momentum continues. Key Market Structure Analysis: 🔹 Uptrend in Progress: GBP/USD has been forming higher highs and higher lows inside a well-defined rising channel. 🔹 Support Zone: A potential buy entry is around 1.2925, aligning with the lower boundary of the channel. 🔹 Target Projection: If the price bounces from support, the next key resistance target is 1.3085. Potential Trade Setup: ✅ Bullish Scenario: A retest and bounce from 1.2925 could trigger a buy setup. Upside target: 🎯 1.3085 – Key resistance level within the channel. ⚠️ Bearish Scenario (Invalidation): A break below 1.2925 could invalidate the bullish setup and signal a deeper retracement. Below the channel support, price might target the 1.2600 region as the next demand zone. Final Thoughts: GBP/USD remains in a strong uptrend, with the lower channel support acting as a key decision point. If bulls defend this level, we could see further upside momentum. However, a breakdown of the structure could shift the sentiment. Will GBP/USD continue its bullish momentum? Share your thoughts below!
Long
by PIPsOptimizer
Bullish Pullback (Bullish Flag) or Trend Reversal**EUR/CAD (4H) Chart Pattern Analysis** 📊 Based on the **4-hour chart**, here’s a breakdown of the **current market structure and potential trade setups**: **🔍 Chart Pattern: Bullish Pullback or Trend Reversal?** - **Trend:** The market has been in a **strong uptrend**, with price consistently trading above the **50 EMA (yellow line)**. - **Recent Pullback:** The price has retraced slightly after making a **higher high**, but it is still respecting the **21 EMA (purple line)** and **50 EMA (yellow line)**. - **Possible Pattern Formation:** - **Bullish Flag:** If the price consolidates and breaks above **1.5700**, we could see **continuation to new highs**. - **Double Top Reversal:** If the price fails to break above resistance and drops below **1.5525**, the trend might reverse. **📈 Bullish Scenario (Trend Continuation)** ✅ **Entry:** Buy on break and close above **1.5700** ✅ **Stop Loss (SL):** Below **1.5620** (recent support) ✅ **Take Profit (TP):** - **TP1:** 1.5750 - **TP2:** 1.5800 - **TP3:** 1.5850 (extended target) 📌 **Confirmation Needed:** - Strong bullish candle closing above **7 EMA & 21 EMA** - Volume increase on breakout --- **📉 Bearish Scenario (Trend Reversal)** ❌ **Entry:** Sell if price drops below **1.5525** ❌ **Stop Loss (SL):** Above **1.5650** ❌ **Take Profit (TP):** - **TP1:** 1.5480 - **TP2:** 1.5400 - **TP3:** 1.5350 (major demand zone) 📌 **Confirmation Needed:** - **Break of 50 EMA** with strong bearish momentum - Increased selling volume --- **📊 Summary** 🔹 **Trend is still bullish**, but price needs to hold above 21 & 50 EMA for continuation. 🔹 **Key Level:** **1.5700 for bullish breakout** OR **1.5525 for bearish reversal**. 🔹 **Wait for confirmation before entering a trade!**
by TradingStar090
Could Cardano Bulls "Raise The Flag" To $2??COINBASE:ADAUSD has some very interesting Price Action happening with the decline starting from beginning of December 2024 forming what looks to be a Descending Channel with the potential to become a Bull Flag! With a Bull Flag being a Continuation Pattern, we can expect a higher probability of a Bullish Break to this Channel to continue in the trend it was following prior to falling into this Consolidation Period. Last week we saw a huge Bullish Candle form and Break the Channel after testing the March 2024 Highs, the 200 EMA @ .7719, along with the Linear Regression or "True Trendline" of the Descending Channel. Other indicators suggest Bullishness as well with the RSI staying above 50 in Bullish Territory and we can see a large amount of Volume entering this Weekly Candle with 2 days and 19 hours left until Close at the time of publishing. *If Cardano can continue to find Support and is able to make a Valid Bullish Break of this Channel, based off the "Flagpole" or Rally, prior to price falling into Consolidation, we can expect a potential 120% gain from the Break, potentially sending price up to test the overhead Resistance Zone in the ( $1.85 - $2.15 ) Range! 3/7 - The White House will be holding the very first U.S. Crypto Summit to make plans to start bringing cryptocurrency into a U.S. Crypto Strategic Reserve www.tradingview.com
COINBASE:ADAUSDLong
by Novi_Fibonacci
1
Gold (XAUUSD) Breakout Setup – Targeting $3,014Gold is showing strong bullish momentum on the 1H timeframe, forming a breakout structure with a well-defined resistance and support zone. Key Levels: 📌 Resistance: Around $2,940 (previous rejection zone) 📌 Support: Around $2,900 (previous consolidation zone) 📌 Target: $3,014 (+3.16% move) Technical Analysis: 🔹 Gold recently broke out of a bullish flag pattern after a strong uptrend. 🔹 Price successfully retested the support zone and is now pushing higher. 🔹 A breakout above $2,940 could trigger a sharp rally towards the $3,014 target. 🔹 Volume confirmation and strong momentum support further upside potential. Trade Plan: ✅ Long above $2,940 with a target of $3,014 ❌ Stop-loss below $2,900 to protect against fake breakouts Gold remains bullish, and if the price holds above the breakout zone, we could see a strong move higher! 🚀
CAPITALCOM:GOLDLong
by GoldMasterTrades
What's next for Bitcoin? Chop into end of March, then 165kI believe we are in the last leg of the cycle here. I expect another sideways chop to form a bull flag pattern into end of march, then a 3 wave move up to tap 164-165k before entering a 12month + bear market. Fear is at an all time high, alt coin traders are completely obliterated (I have been through it too, a lot of my previous attempts to call bottoms on some coins were invalidated due to a weaking broader market), however, I believe many alts now have put in bottoming structures such as POPCAT, FARTCOIN, MOG etc.
BITSTAMP:BTCUSDLong
by TheTraderAndy
Bitcoin - No one is expecting this move! (must see)A lot of people are turning very bearish on Bitcoin, but I don't think it's time to be bearish, the bearish trend is not confirmed at all, and the price of Bitcoin should first touch the long-term major trendline (2017 -> 2021 -> 2025). You want to sell at the touch of the trendline. The second option is to use the Fibonacci extension tool and look for the 1.618 FIB. I did it for you, and the 1.618 FIB is exactly at 122,069 USD. Bitcoin is currently in the final stage of the bullish cycle that started in 2022 (15,632 USDT) and is predicted to end in 2025 (around 125,000 USDT). This was a pretty good investment, but if you are jumping in right now, you will most likely get hurt in 2025 and 2026. Let's take a look at history to see what we can expect in the next few years. Bitcoin crashed by 84% (in 2018) and 77% (in 2021). These are the classic bear market crises that Bitcoin experiences every 3–4 years. It's because we have halving events (reducing rewards for miners in BTC) every 4 years from a fundamental perspective. You may know that Bitcoin is highly volatile. History is telling us that in 2025/2026 a huge bear market and crisis are ahead. From the Elliott wave perspective, we are in the final wave (5). We can expect an ABC correction in 2025/2026 which would bring the price down to 50,000. I bring you very strong technical data that you can use on your trading decisions. In conclusion, I am currently optimistic about the price of Bitcoin for the next weeks and months. I think Bitcoin will hit 120k to 125k before we experience a major drop or flash crash. It's safe to buy/long Bitcoin, but do not forget to take profit! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
129
Bitcoin - Buy now! Ready to pump to 125 000 (alt season)I recommend buying Bitcoin as the price is ready to go much higher in February. The current price is 98,000, and I expect Bitcoin to hit 111,000 in the immediate short term. 111k is a strong resistance because it's the top of the ascending parallel channel. Bitcoin has been in this channel for 91 days since November 2024. Then later this year in summer, Bitcoin will reach 125k. But we should focus on altcoins in the next months! Why? Because a huge alt season is starting! Let's take a look at the BTC.D (Bitcoin Dominance) chart because this is the major indicator of altcoin seasons. As per my analysis, the price recently hit a strong resistance and needs to go down to 48%. We could experience the greatest alt season in years, so be ready! Make sure you have the right altcoins. Ethereum is definitely one of the altcoins that will outperform Bitcoin in the next months. I am very bullish on Bitcoin and on the overall crypto market for the next weeks and months! Now is the time to buy, but let me know in the comment section, what do you think? Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
222
Current bitcoin bullflag has a target of 144kBeen consolidating inside this one for some time now and its been creating a lot of uncertainty in the market lately as most people have been distracted by the bearish h&s pattern on the Daly chart and haven’t zoomed out to the higher time frames to realize this whole time we’ve ust been consolidating inside this bullflag. The stochrsi has already been reset for awhile on the Daly time frame and is about to be fully reset here on the weekly time frame too sugget we will resume the uptrend in the near future. *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail
Breaking: $FLARE Soars 16.71% Amidst Bullish Flag PatternThe cryptocurrency market is no stranger to volatility, but Flare Network’s native token, NYSE:FLR , is making waves with a remarkable 16.71% surge today. Despite the broader crypto landscape remaining bearish, NYSE:FLR is defying the odds, showcasing strong technical and fundamental indicators that suggest further upside potential. Let’s dive into the details of what’s driving this surge and why NYSE:FLR could be poised for a breakout. Technical Analysis NYSE:FLR is currently forming a bullish flag pattern, a continuation signal that often precedes a significant upward move. The pattern is characterized by a sharp rise (the flagpole) followed by a period of consolidation (the flag). For NYSE:FLR , the flagpole was the recent surge, and the consolidation phase is now underway. A breakout above the flag’s ceiling could trigger a 70% surge, targeting the psychological resistance level of $0.038. This would mark a decisive move for NYSE:FLR , potentially attracting more buyers and fueling further gains. The Relative Strength Index (RSI) for NYSE:FLR is currently at 44.98, which is neither overbought nor oversold. This suggests that there is ample room for upward momentum before the token enters overbought territory. A rising RSI could accompany the breakout, confirming the strength of the move. The 24-hour trading volume of $35.9 million and a market cap of $1.33 billion indicate strong liquidity and investor interest. The recent price surge has likely caught the attention of traders, further boosting momentum. Flare Network’s Unique Value Proposition Flare is an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain designed to enhance blockchain utility. Its unique architecture allows developers to access high-integrity data from other chains and the internet, enabling new use cases and monetization models. One of Flare’s standout features is its ability to provide decentralized access to data from external sources. Flare allows dApps to serve multiple blockchains through a single deployment, reducing fragmentation and increasing efficiency. With a market cap exceeding $1 billion, Flare has firmly established itself as a significant player in the crypto market. Conclusion: A Breakout in the Making? NYSE:FLR ’s recent surge and technical setup indicate that the token could be on the verge of a major breakout. The bullish flag pattern, combined with strong fundamentals, makes NYSE:FLR a compelling asset in the current market environment. As always, it’s essential to conduct your own research and consider your risk tolerance before investing. But one thing is clear: NYSE:FLR is a token to watch as it continues to defy market trends and carve out its niche in the crypto ecosystem.
COINBASE:FLRUSDLong
by DEXWireNews
Can Bulls Flip GU "On Its Head" @ 38.2% Level?Last week we saw FX:GBPUSD attempt to Break Above the 1.25 Resistance Zone that its been struggling with since November 2024 and was sent back down underneath following the Fed's decision to Hold Interest Rates. We can see that Price so far seems to be following a Head & Shoulders layout where Price now is declining down to the Low that formed the "Left Shoulder" @ ( 1.23745 - 1.23518 ) What makes this Price Range so favorable is that if you take the Fib Retracement Tool from the Low of the "Head" @ 1.20991 to the 2nd Touch of the "Neckline" @ 1.25232, the 38.2 % Retracement Level lands right at the potential Support level of the "Left Shoulder" -If Price finds Support at this level, we can suspect the Low to form the "Right Shoulder" then for Price to work back up to the "Neckline" for a Break and Close for Confirmation of Pattern to then look for more Buying Opportunities! *Price Breaking and Closing the Neckline, signaling Confirmation of Pattern, will deliver a 90% Success Rate to the expected Bullish outcome. *Watch for Increase in Volume after Price is Successfully Supported by Low of Left Shoulder and RSI to maintain Above 50! Fundamentally, GBP: Final Manufacturing PMI - Monday Final Services PMI - Wednesday Construction PMI/Bank Rate - Thursday USD: ISM Manufacturing PMI - Monday JOLTS - Tuesday ADP Non-Farm Employment/ISM Services PMI - Wednesday Unemployment Claims - Thursday AVG Hourly Earnings/ADP Non-Farm Employment/Unemployment Rate - Friday
Long
by Novi_Fibonacci
XRP/USD – Technical OverviewCurrent Price Action: XRP has recently surged from $2.40 to highs near $3.40, forming a bullish flag pattern. This pattern indicates a consolidation phase within a broader uptrend, suggesting a potential continuation after the pause. Key Levels to Watch: Support (Lower Trendline): $2.90: Critical support level near the flag’s lower trendline. A breakdown below this zone could indicate a deeper retracement and weaken the bullish outlook. Resistance (Upper Bound of Flag): $3.40: Immediate resistance, where the price has recently stalled. A break above this level would signal the resumption of the uptrend. Bullish Targets: $4.00-$4.20: Potential upside targets if the breakout from the bullish flag materializes. These levels align with the prior highs and would offer significant resistance. Market Dynamics: The bullish flag pattern suggests that the market is in a consolidation phase, likely as a pause before the next leg higher. This is a typical setup for continuation in an uptrend, where a breakout above $3.40 would likely propel XRP toward $4.00-$4.20. Broader Uptrend: The uptrend that began in November remains intact, and this consolidation phase is viewed as a temporary rest before the next bullish move. Outlook: Bullish Scenario: A breakout above $3.40, with solid volume and momentum, would confirm the continuation of the trend. The $4.00-$4.20 range would be the initial target, providing substantial upside potential for traders. Bearish Scenario: If XRP breaks below $2.90, this could signal a deeper retracement, potentially testing the $2.40 support zone or even lower, depending on the strength of the breakdown. Conclusion: As long as XRP remains within the flag pattern, the bullish outlook remains intact, with the $4.00-$4.20 range serving as the key target upon a successful breakout. However, traders should remain cautious of a possible breakdown below $2.90, which would require re-assessment of the technical structure.
BITSTAMP:XRPUSDLong
by Richtv_official
1
Bitcoin - Roadmap 2025 to 2026 (Best plan)This analysis is all you need for 2025 and 2026 from the long-term perspective. Bitcoin is currently in the final stage of the bullish cycle that started in 2022 (15,632 USDT) and is predicted to end in 2025 (around 125,000 USDT). This was a pretty good investment, but if you are jumping in right now, you will most likely get hurt in 2025 and 2026. Let's take a look at history to see what we can expect in the next few years. Bitcoin crashed by 84% (in 2018) and 77% (in 2021). These are the classic bear market crises that Bitcoin experiences every 3–4 years. It's because we have halving events (reducing rewards for miners in BTC) every 4 years from a fundamental perspective. You may know that Bitcoin is highly volatile. History is telling us that in 2025/2026 a huge bear market and crisis are ahead. But bitcoin's market capitalization is constantly rising, and big players are entering the market. That's to say there is no longer room for such massive crashes. I don't think we will see an 87% crash like in 2015 or 2021. But 60% is still very likely—this would bring the price of Bitcoin down from 125,000 to 50,000. If you buy now at 100,000 USDT, your investment may shrink by 50% in 2026. I have been trading Bitcoin for almost 10 years. So where to take profit in 2025 and prepare for a massive crash? This is a pretty easy question because we have a long-term trendline (2017 -> 2021 -> 2025) on the linear scale. And yes, I don't use the LOG scale in this case. You want to sell at the touch of the trendline. The second option is to use the Fibonacci extension tool and look for the 1.618 FIB. I did it for you on this chart, and the level to sell is 122,069 USDT. From the Elliott wave perspective, we are in the final wave (5). We can expect an ABC correction in 2025/2026 which would bring the price down to 50,000. I bring you this very strong technical data that you can use on your trading decisions. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
184
Updated XRPUSD chart to more precisely show the breakout pointI decided to post an updated version of my current xrpusd daily chart to more accurately display the measured move line at the spot of the exact breakout so we can see it work its magnetism on price action and so far you can see here we had a perfect wick support bounce up from the dotted measured over line like clockwork. Let’s see if it climbs up the lne like it often does with other pattern breakouts. Target for this specific breakout is $4.86. II will post a link to the previous version of this chart below. I tired that one something along the lines of the 50ma is about to push price action out of the nest and force it to fly and as you can see that’s more or less exactly what it did. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail