Minor (Bullish) and Major (Bearish) Bitcoin Price MoveThis is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily).
As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region.
Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart and it's a confirmation that we are still going to experience a massive upcoming dip to around the $28k - $30k region.
@CryptoPornster @JBDigital
Bullish Flag
BITCOIN: Patterns inside patternsAs you can see from the graph, there is a falling wedge inside of a bearish flag, which itself is inside a bullish flag. Normally, when patterns are bigger and in a bigger timeframe, they are more effective. This probably means Bitcoin is about to explode.
BITSTAMP:BTCUSD
USDT.D bullish signs are up#USDT.D
USDT Dominance shaped cup and handle pattern or bullish flag pattern.
break out from long term resistance zone will be bullish for USDT and a bearish sign for crypto market.
and rejection from long term resistance zone or upper line of flag will b bearish for USDT and bullish for crypto market.
bullish flag? Entry: $23.00
SL: $21.80 (loss 5.4 %) (visual only, close if daily closing price below)
TP: $29 (profit 27 %, ratio 5)
Hello Trader,
Exelixis is building a bullish flag right now. After the upper trend line is broken, a buy signal is created. I like the risk-reward ratio.
Deutsch
Hallo Trader,
Exelixis buildet gerade eine bullische Flagge aus. Nachdem die obere Trendlinie durchbrochen wird, entsteht ein Kaufsignal. Das Chancen Risiko Verhältnis gefällt mir gut.
USDJPY refreshes 20-year highsTechnical Analysis:
Momentum is bullish, Stochs and RSI are sharply higher
Volatility is high and rising, major moving averages are biased higher
ADX and MACD support upside, Chikou span is biased higher
GMMA indicator shows major and minor trend are strongly bullish
Major Support and Resistance Levels:
Support - 128.54 (5-DMA), Resistance - 131
USD/JPY likely to extend bullish streak. Scope for test of 2002 high at 135.16.
cup and handle with bullish flag?!Entry: $5.55
SL: $5.15 (loss 6 %) (visual only, close if daily closing price below)
TP1: $6.60 (profit 20 %, ratio 3.2)
TP2: $9 (profit 63 %, ratio 9.5)
Hello Traders,
In my opinion, this stock forms a good opportunity for a purchase. The risk-reward ratio looks very good.
After Sunopta formed a cup and handle, a bullish flag is now formed and the breakout from the upper trend line could now occur.
If this is the case, then a buy signal is created.
Deutsch
Hallo Trader,
Meiner Meinung nach bildet diese Aktie eine gute Möglichkeit für einen Kauf. Das Chancen-Risiko-Verhältnis sieht sehr gut aus.
Nachdem Sunopta eine Untertassenformation geformt hat, wird nun eine bullische Flagge gebildet und der Ausbruch aus der oberen Trendlinie könnte nun erfolgen.
Falls dies der Fall ist, dann entsteht ein Kaufsignal.
WABI/BTC REQUESTED CHART UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this WABI/BTC TRADE setup. WABI is on the very important support. Either it make it from here or break it.
WABI is forming a bull flag like structure in the weekly time frame. But still it is not break the flag. Currently, it is at a very important support level. Buying here will be very low risky and high rewardable.
Entry range:- 200-222 sats
Target:- 400-500%
SL:- If any weekly candle closes below 200 sats then I'll exit.
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GMT/USDT : Formed a bullish pennant !BINANCE:GMTUSDT
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!
$GMT has formed a symmetrical triangle, Which can be considered as a bullish pennant into higher time-frames.
- Also $GMT is moving below the ATH and so it comes with three separated targets!
If we get the closings above the resistance zone, Then you can open Long on a proper retest $3.5's broken zone.
Targets are :
- $3.66 ( ATH's resistance )
- $4.13 ( ATH's break-out target )
- $4.53 ( Symmetrical Triangle's break-out target )
- $5.00 ( Bullish pennant's break-out target + FIB extension's target )
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
DOGE COIN IS GOING TO $1I have never been a big fan of BINGX:DOGEUSDT but you cannot deny this clear as day pattern. Too many signs are there to try and profit from this massive bull flag. I will list some of the signs below.
1. We have a massive descending wedge and due to the previous massive push to the upside before this consolidation we can see this as a bull flag continuation pattern
2. the measured move if this pattern plays puts dogecoin at just below $1 which is a massive psychological level and will most properly experience some sell-off pushing the price down. This checks out as well.
3. Dogecoin has support but yet it has been consolidating for so long it has to make a decision soon
all in all, as much as I don't like dogecoin I cannot ignore the fact that this could potentially be a massive trade with 90 to 100 per cent potential profits if played correctly with the proper risk management techniques in place.
I will provide updates as dogecoin moves
kind regards,
LarryTheKinggggg
FET/BTC: READY FOR A BULLISH MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this FET/BTC TRADE setup. FET looks good here.
As I updated in my previous BTC Dominance chart that BTC.D looks bearish and ready to fall so Altcoins in BTC pair can pump well. So far my prediction goes accurate and many altcoins which I shared already in good profit(you can check link given below).
FET breaking out from the bull flag like structure in 2days time frame. I'm expecting a 200-300% pump from here.
Buy some here and add more in dips.
Entry range:- 940-1040 sats
Target1:- 1400 sats
Target2:- 2000 sats
Target3:- 2600 sats
Target4:- 3600 sats
SL:- 840 sats
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Thank You!
OGN/USDT BULL FLAG BREAKOUT! LONG TRADE SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this OGN/USDT TRADE setup. OGN looks good here.
OGN is breaking out from the bull flag in 1hr time frame. Buy some now and add more in the dip.
Entry range:- $0.62-$0.64
Target:- 20%
SL:- $0.60
Lev:- 10x
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Will OGN continue its uptrend? - Here's the entry levelHere's a quick look at the OGN 2 hr chart. As we can see, the price broke out previously from the bull flag and is now trying push further to the upside. If you didnt catch the immediate breakout form the bull flag, Then the best entry would be when the price breaks above 0.66$ with good amount of volume. Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart.
Targets:
1. 0.68$
2. 0.72$
3. 0.76$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
JASMY/USDT TRADE SETUP! A GOOD BUYING OPPORTUNITY!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this JASMT/USDT TRADE setup. JASMY looks promising here.
JASMY is breaking out from the bull flag-like structure and currently retesting it. It is holding an important support level (green box) so far. Expecting a good bounce from here. Buy some now and add more in dips.
Entry range:- $0.216-$0.232
Target:- 150-200%
SL:- $0.188
You can buy it on spot or use low leverage (2x-4x)
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GRT LOWEST PRICE IN NEXT FEW MONTHS???Grt is by my opinion one of most bullish coins.
Here is why:
GRT is currently in weekly demand zone which reaction broke structure on 1day timeframe.
Also GRT is in demand zone from 1d and 4h from all break of structures.
You can go for few months long investment till 2.8 usd ( which I think is reachable) or go for swing trade and tp at 0.7 or 0.6
Remember do not use high leverage, everything above 5x is too much and not needed since even profit without it is so big.
ALL BUYS IN THIS DEMAND ZONE AS LONG TERM ARE GOOD BUYS.
For swing trade its your choice to choose from which point of demand zone you want to enter. This chart is similar to btc chart which makes this even better and safer trade
SL should be below both demand zones
GDXJ Bull FlagGDXJ is showing some nice bullish divergence in the pennant of a bull flag on the 4hr and daily RSI. Upside is 30%+ and if it breaks down below the lows of the flag it'd be time to get out.
This is obviously dependent on what Gold spot price does. So, if XAU decides to finally use that hidden bullish divergence to head to all-time highs, then gold miners are gonna feast too. Playing the odds.
PKTUSDT: Further 300% bullish potential towards 0.03PKT CASH ($PKT) (PKT/USDT): Further 300% bullish potential towards 0.03 price area expected
Context
I have posted ideas for this particular coin previously and it looks like this setup could see gains as high as 300% in the short-term timeframe. There is an ascending channel as indicated by the trendline on RSI and a strong support zone has established at 0.009 currently.
Fundamentals
Based on public information, this coin is currently trading far below seignorage cost, seeing elevated selling pressure on the way up is unlikely. All technical parameters (RSI, EMA, MA) currently indicate a very likely breakout.
Key levels to watch
The current support and demand zone is 0.009, the next lower level is 0.008 and finally 0.007. Trade is good to enter at all these levels. The 0.01 trade currently forms some resistance, it can be expected that once 0.01 changes into a support level, there will be lots of upwards movement quickly.
Trading
$PKT can be traded on BitMart and Bittrex. I personally prefer BitMart as it has more liquidity at present.
Doge DOGEUSDT - Mega bull flag on the weekly! Breakout soon.- If you change your chart to a LOG scale, you can clearly see a huge bullish flag on the weekly chart!
- It can also be a falling wedge, which is ofcourse generally a bullish pattern too.
- Next target is all time high, here we can expect some pullbacks again.
- Buy a breakout above local weekly high (0.18 USDT).
- As you can see - volume looks good, no bearish pressure at this moment.