Bullish Flag
Shiba Inu is breaking out! Take a huge profit here.
Shiba Inu is absolutely prepared for a massive uptrend on the daily chart! We can see that the price is breaking out of the falling wedge pattern.
This falling wedge pattern is not a standard wedge because it is also an ending diagonal from the Elliott Wave perspective, which is a powerful combo.
Also, on the RSI indicator, we can spot a bullish divergence between the swings. It's also a strong indication that the bears are losing steam.
It's a great time to open a long position on the futures market, as I already did!
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.
Now the most important question is: where is the profit target? On the way up, you obviously want to target strong resistance.
Strong resistance is undoubtedly the start of the previous GAP + top of the parallel channel, and if the bulls break this level, the previous consolidation structure's POC will be reached. You can see these levels on the chart!
If you haven't seen my analysis about Bitcoin's exponential pump, then you must, so check out my related section down below.
December was an extremely good month when it came to opportunities in the crypto market, and January is starting very positively as well.
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Solana - Exponential growth, right now!
Solana looks extremely strong at this moment, and it looks like we will have an explosive pump! But it has already begun.
From a technical perspective, we need to retest the previous blue trendline, which is at 29.8 USDT. It's also the point of control for the previous price action. This is the first profit target, and I recommend selling SOL here.
The second profit target is more advanced. There are a lot of stop losses above the wave (4), so the market might find enough strength to get there. It's at 48 USDT.
In my previous analysis on Solana, I recommended buying SOL at 8.6 USD, so check out my previous idea in the related section down below for more details.
The chart is printing a broadening falling wedge on the weekly chart, and there is definitely the possibility to touch the top of the wedge in the immediate short term!
This analysis is not a trade setup; there is no stop-loss, entry point, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As per my Elliott Wave analysis, the major impulse wave from the previous all-time high has been completed successfully, and at this point we should look for an ABC retracement to the upside.
I see a lot of signs that Solana has temporarily bottomed out on lower timeframes. The strength is currently incredible.
Counter-trends tend to be steeper, so there is a possibility of hitting my price target at warp speed.
If you want to trade Solana intraday, it's definitely a good opportunity because the volatility on this coin should be insane. I recommend only longs.
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BNBUSDT BULL FLAG PRINTEDWe can see on 15m timeframe bull flag forming
... can be nice& fast long trades ... BINANCE:BNBUSDT NOT FIN ADVICE :D
ETC Bounce on monthly (The orignal ETH chain will STAND up.....)Thanks to the Eth Merge, ETC is more secured than ever thanks to the influx of new miners. Investors never got into ETC because of its vulerabilities. Monthly is looking bullish as well as a Bullflag with a measured move of to about $550. ETC hashrate has also seemed to have bounced on the all-time chart.
The orignal ETH will STAND up......
PLAY | Excellent Long Term Play | LONGDave & Buster's Entertainment, Inc. owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events. The company operates its venues under the Dave & Buster's name. As of January 30, 2022, it owned and operated 144 stores located in 40 states, Puerto Rico, and one Canadian Province. The company was founded in 1982 and is headquartered in Coppell, Texas.
TSLA - Head and shoulders top? or Bull flag?Both could be true
A bear rally could stay within the channel and bump up underneath the (alleged) neckline at around ~$230
Would not consider buying TSLA until a clear break of the yellow trendline
will follow up with a shorter time frame if the yellow line is broken with an more in depth view, like a 4 hour time frame
Bitcoin - The bottom will be here (89% chance)
I am telling you that the bottom on Bitcoin will be between 9600 - 10300 USD and I expect Bitcoin to reach this reversal zone in summer 2023!
You can place your buy orders here because the reaction on this level will be extremely high, so you can also buy/long BTC for a 50% profit.
The worst-case scenario for Bitcoin is to hit the bottom of the huge channel on the LOG weekly chart, which is unfortunately between 5200 - 5800 USD. But I think it's not going to happen.
If bitcoin falls below 5k, a lot of exchanges will be out of business because customers will leave the crypto space. 99% of people will be out of crypto, and it doesn't make too much sense. In crypto, there is a lot of money to be made for big players. They want crypto to rise as well.
On the weekly chart, Bitcoin has been moving in this massive ascending parallel channel with 5 touches. It's a valid channel on the LOG scale.
Volatility on Bitcoin is at an all-time low, and this should last until we find the bottom.
9600 - 10300 USD is a very strong zone because it is the 0.618 FIB of the previous impulse wave and also because there is an unfilled GAP.
As per my Elliott Wave analysis, the downtrend that started in November 2021 looks impulsive, so there is a high chance to go lower to complete the ABC retracement.
ETH could reach 250 USD and BNB could reach 48 USD. It's a very strong level for these coins that you will see in my next ideas, so follow me and hit the like!
Thank you, and happy trading!
FTM Could be long Due to Pure PA With Proper RMI Have draw A chart of FTM/USDTPERP and during analysis found to price action scenario with bullish moment.
First It's Inverse H&S Pattern and Second Bullish flag.
Both Patterns are pure bullish but seeing a market now days totally sideways or ranging so if I trade this pair so I'm calculate Risk Management with safe side Margin %age. Because everyne knows trading is risk so when market gave pattern then Should be pick a opportunity.
Bitcoin Bull Flag 1HAs you can see we formed a symmetrical triangle on the 1H chart for Bitcoin and perfectly broke down by the height of the triangle. Following that we saw a v-shaped recovery and now we can see a bull flag is forming for BTC, and although bull flags have a higher probability of breaking to the upside, we saw a death cross on the 1H with the 50MA and 200MA. In conclusion, the volume that will come after Christmas will determine which direction we can break out, and the potential targets are shown on the chart above.
Diamond Bottom on Bitcoin 4HOn the chart above we can see a clear diamond bottom forming on Bitcoin's 4 hourly chart. This formation could cause BTC to rise to the level of $17,500 where it is also proven to be a diligent support. Lets see if the next few candles can manage to break the resistance of the pattern, which I believe is likely as we have a bull flag forming on lower timeframes.
LONG POSITION IN GBPAUD BY TRADING STRATEGYBullish Indications
1. Higher Highs and Lows
2. Good Momentum Green Candles
3. Formation of ABCD Pattern
4. Currently Price is at Good Support Level
5. Bullish Flag
6. RSI Good Indication
7. Price nearly touches 0.5 fib level
Bearish Indications
1. Double Top Formation
Bull flag on SPX MonthlyMonthly SPX looking super bullish. A super bull flag has formed. I suspect either 2024 or even Q2/3 of 2023 could see a strong breakout of this flag's upward channel line.
Step 1 was to breach the downward trend line
Step 2. will be to do so convincingly
Note we do not expect a hard confident break of the downward trend line this month or jan-Mar.
I suspect we will see consolidation along the downward trend line before the bull is opened up.
Bitcoin Bogdanoff - Can this pattern predict the bottom?
The Bogdanoff twins claimed they participated in helping Satoshi Nakamoto build Bitcoin. Is this true or not? Let me know in the comment section right now!
The question is, can this weekly chart's falling wedge and bullish flag predict Bitcoin's bottom? I think it's definitely possible and maybe even likely!
Bitcoin is still very weak compared to the stock market or gold. A lot of people hate Bitcoin and spit on it as well.
This is one of the possible Elliott Wave counts that can predict the bottom as well. As you can see, the previous impulse wave from 2018–2021 was pretty much a textbook wave. What traders usually do is wait for a bearish retracement to buy the DIP. In other words, they wait for the ABC correction to enter the market.
In the current situation, the ABC correction is still developing, and we need at least one more huge swing low to complete this pattern. At this moment, it looks like an impulse wave and we don't want to buy it.
The 0.618 FIB of the previous impulse wave, as well as the start of the POC on the volume profile, make 10 300 USD a strong support.I would not be surprised if the market takes liquidity below the previous swing low of 9825 USD.
I really want a bull market because everyone in crypto is toxic, and of course I don't like it. I like it when the majority of people are happy. Also, I want to open an investment position on bitcoin, but not now.
Maybe the bottom is in and we will go up from here, but I doubt it. The likelihood is now around 25%.I am waiting for the main yellow trendline to be broken before I can change the probability to 70%.
If you disagree with me, let me know in the comment section why. I look forward to your comments!
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ANT Bullish - ascending triangelHello my name is Fredy and i from CryptoJourney group this is my first analys after a long time so this is one of the most bullish pattern ever! Invert it looks good very good!
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