🔥 BCH Bull-Flag Break Out TradeThis BCH trade is based on the idea that BCH's recent double bottom is going to be the bottom for the foreseeable future, and that BCH will continue it's bullish trend upwards.
Target at 290$, which is historically a very strong area of resistance. Stop below the recent lows.
For a safer trade, you can wait until the price has broken through the top resistance.
Bullish Flag
Bullish view on GoldThe weekly chart shows a solid support level at $1919.36 and resistance at $2016.26.
Excitingly, a Potential Bullish Flag Pattern on the 1-hourly chart signals a potential buying opportunity at $1954.80. Brace yourself for a substantial market movement! 🌟💰
Personally, I'm keeping an eye on a Bullish Fib-3 Bat Pattern forming at $1951.93, with a stop-loss set below $1949.10.
Remember, don't follow blindly—make your own trading decision. 🧠💼
🔥 INJ Long-Term Bull-Flag Break Out AnticipatedINJ has been trading in a bearish channel for nearly 3 months now. With Bitcoin's resurgence, there's a decent probability for INJ to break through the top resistance and to continue it's bullish trend.
The yellow marked area is a short-term bull-flag, within a long-term bull-flag. The trade is based on the premise that both will break bullish.
SL under 7.00, profit target at the recent 2023 top for a decent risk-reward of almost 5.43, make sure to wait for confirmation.
KARURVYSYA Swing Trade setup.This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
On daily Time Frame Karurvysya is making rounding bottom pattern and is about to complete if breaks resistance of 116 with above above average volume on daily TF will buy with stop loss of low of candle below resistance, Target will be 127.
If Price rejects resistance then maybe we can expect it to form Cup & Handle like pattern.
On Weekly TF price broke through Flag & Pole Pattern and for that weekly target will be 135.
I cannot update charts or my ideas coz i don't have pro subscription i can only post additional charts if reputation level is above 10..need your supports who ever watch or agrees with setups i am posting.
Thanks everyone.
🔥 Bitcoin New Yearly Highs: It Was Just A Bull Flag!As of a few moments ago, BTC has officially broken through the 31,000 resistance, which was established all the way back in April. This officially brings an end to ~70 days of selling and bad market conditions.
With the Bitcoin dominance in break out mode, this is still just a bitcoin-only party. Let's see how the alts will react. Nevertheless, this is a great time to be in the market.
As explained in my Elliot Waves analysis, I'm currently expecting BTC to see more bullish pressure. Target is the 36.5k - 40k area.
🔥 Bitcoin Finally Breaking Out After Months Of Selling?BTC has been trading inside a bearish channel since we topped out at the start of April. Effectively, nothing interesting has happened for 2 months.
As of today, BTC is yet again testing the top resistance of the channel. This signal assumes that we're going to break out of said channel, making it a bull-flag break out. Please be patient for the break out to confirm!
With many alts trading around their 2023 lows, there's a lot of upside to be had in the alts, but for now we're looking at BTC.
Stop below the most recent swing low. Target placed at the 2023 highs.
2 bullish targets for kava in the short to medium termA bull flag and also an inverse Bart from a bear flag. Price action may find resistance temporarily at the 200 ma(in blue), but if so watch for the 50 ma (in orange) to maintain support to increase probability that price will overcome the 200ma and continue towards the breakout targets. *not financial advice*
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.
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.