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Bullish Flag

GBPAUD 4H chart potential Bull FlagOn this 4H chart for GBPAUD we can notice a strong resistance range. Recently the price broke temporary above it but now it dropped to retest it. In the proces of retesting it, the price started forming a potential Bull flag. Am effective breakout from the pattern can align with a re-bounce from the support range and lead to a strong increase in the price Additional confluences: - 20, 50 and 200 EMAs are aligned to indicated a general up trend - The price has dropped to test the 20 EMA which aligns well with the support range and the chart pattern Additional note: If the price provides an entry for the pattern, initially this can still happen within the support range. If you want to get even more curtainty, you may want to wait for the price to close above the range
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by RTED_Investing
8
🔥 AVAX Huge Bull-Flag Breaking OutAlthough I've been generally bearish on Bitcoin after the ETF, I have to play with the cards that the market dealer gives me. For AVAX, that means that this token is under way of breaking out of a big bull-flag pattern that has been shaping up since halfway December. In case the 3D candle closes above the top resistance, it could very well indicate that further strength is coming to this token. Looking for a 105$ target over the next few months.
Long
by FieryTrading
5
BTC Golden cross on weekly, Bull Flag, Big Boom!We have a 50 & 200 day moving average which as an amazing sight! I personally like to look at the larger time frames and work my way in, it tells me the more appropriate story that way. Right now we've got a beautiful bull flag forming, The price target happens to coincide with a very significant resistance line, leading me to believe bitcoin will be seeing previous all time highs within the next few weeks. With as much FUD as i'm seeing and the amount of shorts that'll be liquidated, it just seems to be adding up to that time. See you guys in the bull market! Tracking Technicals
Long
by Tracking_Technicals
USDJPY Bull Flag PatternHi Traders! There is a bull flag pattern developing on the USDJPY 1D chart. Here are the details: The price action looks bullish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, we will remain bullish on this pair. Preferred Direction: Buy Resistance (FLAG CHANNEL): 148.830 Support (FLAG CHANNEL): 146.680 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
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by BluetonaFX
2
🚧CHZUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. Chiliz token showing a bullish flag pattern and Head&Shoulder, and also testing descending resistance🧐 Breakout above could spark large upside move up to the $0.55 resistance zone🎯 ❗ Note that if the Bullish Flag is broken down with the power of descending candles, our analysis will fail. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
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by CobraVanguard
5
MOVR is breaking out! 1237% profit is possible?MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include: Supporting the gas metering of smart contract execution Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc. Paying for network transaction fees Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
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by Xanrox
5
ACHUSD: Bullish Consolidation Above Support LineBack in October ACHUSDT confirmed a Double Bottom at the PCZ of a Bullish Gartley and has since climbed back above the major Support/Resistance Zone represented by the green horizontal line as well as the 200 SMA and 55EMA and has formed a Channel of Ascending Consolidation. In addition, it is doing this while trading to the right of a previously Bearish Trend line, so if we can get some true follow through from this action, I would be looking for a 50%, 61.8%, and 0.886% retrace target.
Long
by RizeSenpai
2
🔥 Bitcoin Bull-Flag: Will The Bulls Win?A few days ago I made an analysis on BTC and the bull-flag it was trading in. My expectation was that Bitcoin would move down towards the bottom support and reverse from it to keep the trend intact. As of earlier this morning, BTC has retested the support and has bounced from it. Time will tell whether the support will actually hold in the longer term. This is the chance for the bulls to show themselves. If BTC fails the bull-flag and falls through the support, chances are that we will go down much further. Still, the trend is your friend. Statistically speaking, we should be breaking on the top side. My 48k target still remains in play.
COINBASE:BTCUSDLong
by FieryTrading
15