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Bullish Flag

$SOND extremely bullish setup. PT's are labelled based on chart patterns. - MMU (measured move up/ ABC) - Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders. - A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work. It is also important to note that the MACD crossed to the upside on the daily and the RSI is still not oversold. No bearish divergences in the momentum indicators. THIS IS EXTREMELY BULLISH.
NASDAQ:SONDLong
by Sangeeny
Stellar XLM - Huge dump is incoming! Falling wedge + triangle On the daily/3D chart, we have a pretty strong bearish downtrend. We just hit a brand new low a few days ago, so it's really not looking good at all. We can spot a triple bottom, which is usually a sign of a descending triangle pattern or a rectangle continuation pattern. There is a lot of liquidity below this level and the market usually comes for the stop losses. The chart is printing a falling wedge and a local descending triangle. Both of them have a bearish bias until we break these patterns. We deeply need to go down for the final fifth impulse wave to complete this ABC correction. Because otherwise, if we pump now, then this structure was an impulse and it's going to be a dead cat bounce rally, followed by another bear market below 0.026 USDT. XLM is a great coin and I believe we will have a massive pump in 2023-2024, but for now it's still bearish and we need more confirmation to buy this altcoin. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
45
bullish flag can make another leg up for ETC#ETC/USDT $ETC had more than 140% increase since my analysis from 6/12/2022 and broke out from descending trend line. 🐮 now price shaped a bullish flag pattern and we just need a confirmation of the weekly candle to close above the channel. so if we have this confirmation price can increase toward 1.618 fib level of last swing high (which is between upper trend lines) to complete flag Pattern and also it can be AB=CD pattern that can be complete.
Long
by parissap
10
ETH/USDT : S/R zones are important! BINANCE:ETHUSDTPERP BINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ETH has formed, Also it has broken above the resistance zone ($1680 - $1700) Which has become an S/R zone now. The momentum is locally bullish, But $ETH has lost it'ss strength and besides that, $BTC's Dominance is increasing! However, the Bullish flag is a bullish pattern as it's clear just like what it's called. So, If we get the break above the flag, Then We might see another to the $1818's S/R line. But, there can be also a bear trap below the flag to the lower S/R zone to gather more liquidity to hunt! If $ETH loses the support at $1680, Then the deviation below $1640 is likely to happen and in any case of pullback, We'll take Long towards $1760 and $1818 again. The deviation scenario will be valid till $ETH breaks below the lower S/R zone ($1555 - $1570), In that case; I'll start to trade in range bounds again. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
by Helical_Trades
1
✅Bitcoin - You haven't seen this before! New triangle + wedge Everyone is extremely bullish right now and is saying the bottom is in. But I am still very sceptical. We are having a relief uptrend as predicted in my last analysis. The downtrend is really strong and there is absolutely no sign of a trend reversal at this moment! As you can see on the weekly chart, we have an incomplete falling wedge pattern and clearly there is still a lot of price action missing. It looks like we are creating a trading range on the daily chart. Something like a symmetrical or descending triangle. Regarding my Elliott Wave analysis, I think we can create some kind of triangular formation before continuing lower. The question is, how much lower can we go? We have a gap at 12 500 USDT, which is a reasonable target and the one and only one support on this particular chart. We can use a fibonacci extension from wave 3 to wave 4, but it's still too early because we don't know if wave 4 was completed or not. If the trading range is confirmed, then altcoins can moon during this phase and Bitcoin's dominance should continue in the downtrend. For more analysis, hit "Like" and "Follow"!
by UnknownUnicorn2537518
66
LUNA Classic next entry level! Here's a quick Look at LUNC 30 min chart. The best entry would be when the price breaks above 0.000451$ with a good amount of volume. ------------------------------------------- The idea is: Buy when the price breaks above 0.000451$ and take profits at the levels shown in the chart. Targets: 1. 0.000465$ 2. 0.00048$ 3. 0.0005$ 4. 0.00052$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
LLong
by MBM_Crypto
8
POLKADOT PERSONAL ANALYSIS IN THE SHORT TERM (RE-SHORT RETEST!)The total evaluation for the POLKADOT asset is completely bearish. Please be warned of your risks and make sure to manage it properly. I see the same confirmation candles as well in the daily for a potential reversal to the upside, take your profits always and remember to short at great levels of volume congestion for a bigger edge. A retest on the support we failed to hold will most likely be a proper target with a potential to make mega dumps even further. ------- Thank you for reading! Remind you that this is a 1H chart since the movement is more clean rather than 4H chart and 1D chart which are mostly jumbles. The 1H chart even explained how we broke through an important resistance from the bottom forming a bullish flag. Like this chart? Share it, bookmark it, save it -- its yours, for free!
Long
by Wamses
LUNC about to go higher!Here's a quick Look at LUNC 1 hr chart. As we can see, the price has been forming a bull pennant and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 0.0000255$ with a good amount of volume. One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 0.0000255$ and take profits at the levels shown in the chart. Targets: 1. 0.0000265$ 2. 0.000028$ 3. 0.00003$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
LLong
by MBM_Crypto
12
S&P 500 - A new all-time high this year! | Elliott Wave + Wedge SPX500, together with Nasdaq, has incredible power and is a great opportunity for traders and investors. On the 4h/daily chart, we have a descending broadening wedge, so you can wait for a breakout of this pattern to enter a long position.  According to my Elliott Wave analysis, an ABC correction has ended, and there is a strong possibility of a new impulsive wave to the upside!  As you can see, we have a total of 3 trendlines on this chart, which prints a very nice market structure.  The previous all-time high is the next stop, and after that, we will go much higher. The price is currently sitting on the 0.618 FIB, which is definitely the strongest fibonacci level that provides a tremendous buying opportunity at this point. Look at my ideas about Bitcoin, Ethereum, and TOTAL crypto market cap in the related section down below. For more analysis, please hit "Like" and "Follow"!
SP:SPXLong
by UnknownUnicorn2537518
80
TOTAL Crypto - Key support defended! Above 200MA + 0.382 FIB The charts never lie and, as you can see, the bulls successfully defended the 200 weekly moving average and previous swing high from 2018. We didn't even close a candle below the 200MA! We need to keep in mind that the 200 weekly MA is the strongest MA of all of them, and this zone is considered a strong support by huge institutions and hedge funds. If we drop below the 200MA for the first time, then you can bet on a 10-year bear market and sideways boring price action. You don't want this to happen, even if you are a bear. Yes, you want to buy cheap bitcoin at 13 000 - 6 000, sounds good, but you will wait 10 years for another bull market cycle. But for now, everything is perfect and we also hit the 0.382 FIB retracement from the previous impulse wave on the LOG scale. 0.382 is the second most important FIB level after 0.618. If you calculate it: 382+618 = 1. If we take a look at the MACD indicator, we can spot a bullish divergence on the histogram and also a bullish tick. So this tells us the bears are running out of steam and the bulls are gaining strength again. A lot of traders are very bearish. Altcoins like ADA, LINK, SOLANA, XRP, etc. will perform poorly in the next bull market in my opinion. These altcoins are great, but they need more time. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, please hit "Like" and "Follow"!
CRYPTOCAP:TOTALLong
by UnknownUnicorn2537518
25
Bitcoin BTC - Ready for a massive uptrend! | Elliott wave Bitcoin has successfully completed a retracement of the first impulsive wave! This correction was very fast but also relatively strong (almost 0.618 FIB). This was a classic retracement for the second wave.  It is possible that we see these lower prices for the last time, so if you are still hesitating and waiting for 13 000 USDT or even 6 000 USDT per bitcoin, then I think it's not going to happen. It's everyone's dream to buy cheap Bitcoin.  We must remember that Bitcoin successfully defended its previous all-time high from 2017, which was around 19 000 USDT, depending on exchanges.  The third wave of the first impulsive wave is an extended diagonal, which is pretty rare to see in the market. But as per Elliott Wave himself, diagonals also appear in third waves.  The next major resistance and high liquidity area is exactly at 34000 USDT. It's very likely that we will make a pullback here.  Bitcoin is pretty weak compared to altcoins like BNB or ETH, because the BTC.D (Dominance) chart is going down and people prefer altcoins instead of Bitcoin at this moment. This trend should continue for another year (alt season). For more analysis, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
60
US Dollar forms a bullish flag against Swiss FrancAfter having made research and taking in to account the current conditions i think that sadly we can see a strong pump in the us dollar for the coming weeks. If you look at the chart of Swiss Franc against US Dollar you can clearly see a bullish flag pattern which usually indicates an accumulation followed by a continuation on the actual uptrend. If the price opens and closes over the upper trend line i will consider to open a long with targets 1.021 1.07 1.15 and 1.25 and i will set an stop loss order at 0.957. In the case that a clean daily candle is printed over the upper trend line i will try to enter at the pullback of the breakout with a limit order on 0.974. If the price fails to close over the upper trend line this setup is invalidated. I would be glad to see what do you think in the comments and if you agree with me don't forget to give a boost. Regards and happy trading.
Long
by piccard54
BNB swing short opportunityBNB Broke the support of $309 on 17 August 2022, the day after we confirmed that breakdown and brought BNB to the construction support at $276. Now BNB is climbing up. At $313, the 0.618 resistance is coming in, so an nice opportunity to short is all the way down to at least $277 again. as you can see BNB is breaking out his Bullish flag pattern on the shorter timeframes, The bullish target of this pattern is also around the golden pocket (0.618), so an extra comfirmation to short it. more comfirmations are another Lower high on the 2/4 hourly and the rejection point (supply) at $320.
Short
by NickSeversG
AS Rome Fan Token ASR - Huge opportunity! Head and Shoulders! For some reason, fan tokens have been very strong in recent weeks, so it's a good time to buy! We have an inverse head and shoulders and a falling wedge pattern on the daily and weekly charts, which is great to see. Also, the main trendline from 2020 has been destroyed by the bulls recently, which is another great sign of upcoming strength.  If we take a look at the volume indicator, we can clearly see massive bullish volume this year, so there is definitely an increase in interest. The profit target is at the all-time high resistance level. You can also focus slightly below this level. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
48