Bitcoin Hourly Chat at Bullish FlagBitcoin 1 hr. #TA on #BullishFlag
As per Bitcoin present movement, its basically starts their Descending Parallel Channel as well into Bullish Flag Pattern too.
But, in both conditions, major chances to break out FWB:25K support this time within 48 hrs. Maximum.
So, #DYOR and trade Wisely at this time.
Bullish Flag
AUDNZD Potential UpsidesHey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.09700 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.097 support zone, additionally AUDNZD have formed a bull flag in lower timeframe so we will be considering a potential breakout of the pattern.
Trade safe, Joe.
GBPCAD I How to trade it following BOC Rate ReportWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
No, Bitcoin is NOT crashing :)Everybody now on youtube and social media is freaking out that BTC is crashing because of the sec and binance news. EVERYONE except for ME, Chemastro, the one who sees the future!
I said buy before june 8th. And I know what I am talking about.
Technically, it is a bullish flag on weekly with lots of bullish signs on oscillators.
“Magically”, using my unique astrological prediction, this year is THE YEAR for bitcoin, and June is a significant month.
Follow me If you want to listen from somebody who knows what they are talking about, and does not base their analysis based on the opinion of others.
Have a good day
I Cannot Short This !!!👌Price finally managed to break the Bullish Flag . the price can easily reach the target after a little correction.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot
- Bullish Channel
- Bullish Flag
- bollinger band
- 5th Waves
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
$LINA looks bullish for another leg higherDon't fade this strength. Bull flag on the 4h, measured move, gets us right up the logarithmic golden pocket. Funding is also quite negative, so a lot of shorts to provide liquidity to whales to fill their shorts from higher up. This is following similar price action to ARPA.
Bitcoin - Pitchfork and Bullish Flag (You haven't seen it!)
On the chart, you can see my Fibonacci original pitchfork on the logarithmic scale, starting from the bottom at 15476. As you can see, this pitchfork is very well respected, sometimes pretty much exactly to the dollar. The power of a pitchfork is real on Bitcoin. I use Fibonacci 1, 0.618, 0.382, and 0 values for it.
Right now, the price of Bitcoin is still bullish because the pitchfork is clearly holding, we can see a bullish flag / parallel channel on the recent price action, and what's more, we have an ABC correction that has been completed successfully. It's a good bullish setup for longs, but we all know that if the price falls below the pitchfork and below the ABC wave, it's going to trigger a massive crash to 15k! Bitcoin is overall pretty weak compared to gold, which has already almost hit an all-time high while Bitcoin is struggling.
In all of my analyses, I always give you a very strong technical analysis that no one else does. I keep my description pretty short, so you don't spend too much time reading while all the necessary information is included.
It's really best for bullish flags to be together with an ABC correction of ZigZag types. This will increase the probability of success.
Maybe I am wrong and Bitcoin is not going to pump, but it's totally okay as long as your risk-to-reward ratio is above 3. You can be right only 40% of the time to be a successful trader. Most people think you need to be right 80% of the time, which you can, but your risk-to-reward ratio will be only 1, which gives you a very small profit for each trade. I prefer a higher risk-to-reward ratio with a lower success rate.
I do analyses for the bulls and for the bears, and now it's your work to do your own analysis and open trades. I give you good reasons for the bullish and bearish scenarios. It can sometimes look like all I post is that I am sure about it, but it's just a part of my personality.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
SPY bull market using SMA and CDVIs this a sign of the end of a bear market?
SMA 50 is cutting above SMA 100 and SMA 100 looking flat based on Adam Khoo theory.
The SMA 200 has yet to slope upwards (once this is confirmed upwards new bull market is confirmed).
Some experts believed that in order to signal end of a bear market the VIX has to hit above the reading of 40 before it begins to signal end of bear market.
So far it has not. Let's observe.
Bull FLAG for BTC on weeklyI have been posting recently, mostly NON-technical analysis for btcusd. But here is a very easy to spot BULLISH continuation flag.
BTCUSD should expect either one of two scenarios (Technically speaking):
1- Continue through the channel by retracing back to around 25k.
2- Break anytime soon (Refer to my idea about timing : ), to reach 29k, then 33k.
Since, I am expecting bitcoin to gain mainstream support after June 8th, then both are actually possible.
In all cases, By end of June, BTC should finally break out of this channel.
EURAUD I Correction completed from recent impulse - LONG Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
NXPI Semiconductors: Bullish ABCD BAMM ProjectionNXPI is trading within a weekly consolidation structure that appears to be bottoming out and preparing to make at least an 0.886 retrace, and recently it has formed a Bull Flag and it has also confirmed Hidden Bullish Divergence on the Monthly with a MACD Bullish crossing.
Out of all the big chip suppliers, NXPI is one that has yet to make any crazy moves up and is still trading within a value area, but that likely wont last long as it catches up with the rest of the sector as it is an active supplier within the sector.
TSLA: This is Why it Can Explode (Even More).• TSLA just reached another resistance level, after breaking its previous resistance at $177, as mentioned on my previous public analysis (link below this post);
• Although it just hit another resistance level at $191, there’s no top signal, nor bearish reversal structure on TSLA yet. Even if we see TSLA dropping, the trend would still remain bullish – remember, pullbacks are different than reversals;
• This happens because the trend is still bullish, as TSLA stock is doing higher highs/lows since April 27, and it is clearly above the 21 ema now;
• Any pullback to the $177 area again wouldn’t be the end of the world. In fact, when the trend is bullish, any bullish reaction around a support level must be considered an opportunity to buy/add positions;
• On the weekly chart, TSLA is on the verge of triggering a Flag chart pattern. This pattern wasn’t triggered yet, but if we see an upwards breakout, then we’ll see a long-term bullish reversal pattern getting triggered for the first time since 2021;
• If triggered, this Bullish Flag could easily take TSLA above the $300, long-term speaking;
• TSLA is almost hitting the upper trend line, which is another technical resistance level.
• Therefore, it all depends on how TSLA will react now that it reached its resistance levels, mid-term speaking. So far, no top signal around, and TSLA looks very promising. Let’s keep our eyes open.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
🔥 Litecoin Bull-Flag Break OutLTC has been on a massive move over the last couple of weeks, arguably in anticipation of the LTC halving.
After a week of sideways movement, LTC has finally broken out of the bull-flag pattern and is resuming upwards.
First target at the most recent local top, second target at 100.
GBPNZD I Impulse flag and continuation
Welcome back! Let me know your thoughts in the comments!
** GBPNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
🔥 Bitcoin Bearish Channel: Break Out On Banks Failing?In my latest BTC analysis I talked about the bearish channel in which Bitcoin was trading. My expectation was a move downwards, since the market looked more bearish than bullish.
After a quick drop, BTC recovered again on regional banking failures.
With yesterday's FOMC meeting rising the interest rates by another 0.25%, the risks of more (regional) banks becoming insolvent has only increased. This is good news for Bitcoin because people will take out their money from banks and store it in BTC (or gold, for that matter).
We can break out of the channel today, making it a bull-flag pattern. Looking at 30k and 31k in the short-term in case the bullish pressure persists. Be patient for the break out. Also note the blue dotted support line, which can be retested in the near future.
Critical Support Level Identified for GBPUSDOn closer analysis of the GBPUSD on a higher timeframe, it is evident that the candlestick has closed above the previous high, thereby confirming the bullish trend of the currency.
However, one must exercise caution before diving in, as the current market price is currently situated on the weekly chart supply zone, which traditionally indicates a sell zone.
Nevertheless, my outlook remains bullish on the GBPUSD, and I plan to take a measured approach by waiting for the market to retrace back to 1.2500 and watch out for a Double Bottom on the 1-hourly chart before making any trading decisions.
This strategy will enable me to minimize risk while maximizing potential returns.
BTC forms Bullish flag with pinsBull Flag made and pins started, need to see one more pin to confirm this, Then I see 45K as a top of this run before a support confirmation later, If we do not see the 3rd pin form then this could be traping more longs and then down we go. BTC has been all over the place so we have to keep our eyes on the news and charts every 4 hours, I Love seeing the volatility come back, This is where we make money, going short and long. Remember down trends are great money-makers for short orders. Let's see how these next 4 hours play out. God Speed.