Get started

Bullish Flag

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 ) 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
Long
by Helical_Trades
16
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 $1 which is a massive psychological level and will most properly experience some sell-off pushing the price down. This checks out as well. 3. Dogecoin has support but yet it has been consolidating for so long it has to make a decision soon all in all, as much as I don't like dogecoin I cannot ignore the fact that this could potentially be a massive trade with 90 to 100 per cent potential profits if played correctly with the proper risk management techniques in place. I will provide updates as dogecoin moves kind regards, LarryTheKinggggg
Long
by LarryTheKing
6
FET/BTC: READY FOR A BULLISH MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this FET/BTC TRADE setup. FET looks good here. As I updated in my previous BTC Dominance chart that BTC.D looks bearish and ready to fall so Altcoins in BTC pair can pump well. So far my prediction goes accurate and many altcoins which I shared already in good profit(you can check link given below). FET breaking out from the bull flag like structure in 2days time frame. I'm expecting a 200-300% pump from here. Buy some here and add more in dips. Entry range:- 940-1040 sats Target1:- 1400 sats Target2:- 2000 sats Target3:- 2600 sats Target4:- 3600 sats SL:- 840 sats If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
Will OGN continue its uptrend? - Here's the entry levelHere's a quick look at the OGN 2 hr chart. As we can see, the price broke out previously from the bull flag and is now trying push further to the upside. If you didnt catch the immediate breakout form the bull flag, Then the best entry would be when the price breaks above 0.66$ with good amount of volume. Definitely one to keep an eye on! ------------------------------------------- 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$ ------------------------------------------- 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." ------------------------------------------- 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!
Long
by MBM_Crypto
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:- $0.188 You can buy it on spot or use low leverage (2x-4x) If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
GRT LOWEST PRICE IN NEXT FEW MONTHS???Grt is by my opinion one of most bullish coins. Here is why: GRT is currently in weekly demand zone which reaction broke structure on 1day timeframe. Also GRT is in demand zone from 1d and 4h from all break of structures. You can go for few months long investment till 2.8 usd ( which I think is reachable) or go for swing trade and tp at 0.7 or 0.6 Remember do not use high leverage, everything above 5x is too much and not needed since even profit without it is so big. ALL BUYS IN THIS DEMAND ZONE AS LONG TERM ARE GOOD BUYS. For swing trade its your choice to choose from which point of demand zone you want to enter. This chart is similar to btc chart which makes this even better and safer trade SL should be below both demand zones
Long
by UnknownUnicorn26826311
3
PKTUSDT: Further 300% bullish potential towards 0.03PKT CASH ($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 $PKT can be traded on BitMart and Bittrex. I personally prefer BitMart as it has more liquidity at present.
Long
by fluffycruiser
JASMY hit rock bottom! Potential long term uptrendIt is not a difficult task to draw a Fib Retracement on the daily chart and explore potential genesis understandings, specially on an asset that has a relatively short history. Jasmy has clearly hit rock bottom, and now we know where we are and where we will never be again: 0.0100 At the current stage, we can consider a potential yet unclear double bottom. Daily chart is definitely bullish although I would suggest caution when trading Jasmy as Bitcoin does have more negative than positive effect on Jasmy trend lines. Best trades are long term for maximum gains. Think quarterly at best. In conclusion, JASMY is a long investment strategy at this point with significant opportunities for scalping.
Long
by UnknownUnicorn35305092
1
Gold- red candle on a weekly chart!hello everyone Today's performance of gold left a red candle on the weekly chart on the second day, this might look bad on the daily chart ,but the last 5 candles on the weekly chart creating a bull flag pattern. on the daily chart we have a good looking hanging man from yesterday and the red marubozu candle brought chaos to the market.So I expect lower prices on XAUUSD for the next couple of days or on the good side, remaining on the existing channel. our next support level 1950$ next resistance level 1965$
OANDA:XAUUSD
by HubAlgo
$ES_F Bull FlagA lot of people calling for another big flush 4200 etc and while this is possible, to me ES looks like a textbook bull flag. Although we probably don't get a clean breakout with the recent trading being extremely choppy and tricky, full of traps, I think so long as 4485 holds bulls have the ball to more upside. With a flag breakout brings 4575 and then 4610 If the bulls drop the ball and 4465 breaks, most likely see 4445 to 4410 My near term bias is bullish and although we may get more chop, I am looking for a flag breakout next week.
CME_MINI:ES1!Long
by FriscoTrades
6
#UBER fib leveles #UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are interesting to me. looks like most short dated contracts are looking at that May 20th date or the Jan 2023
NYSE:UBERLong
by Stock_Hustle21
Current bull patterns to watch This current purple bullflag…of which probability is increasing that it will at least do a breakdown fakeout and send a wick to retest the top trendline of the wedge we just broke out of as new support(in teal). I’m thinking it could occur where the brown trendline intersects the teal one or possibly where the pink one intersects the teal one. The pink and brown trendline are both trendline of two different rising channels we are in in the larger time frame charts each at a slightly different trajectory but more or less overlapping each other. If we confirm the teal trendline as support on any sort of retest then the target for the wedge breakout is 72k. This could take a very long time (weeks to months) or no time at all(days). Wedges seem to hit their targets on their own schedule. As long as we maintain our bullish higher high / higher low pattern on the macro chart it should hit the full target. If we start closing weekly candles below the pink trendline then we will likely form a lower low and confirm the bear market. For now bull market is not yet cancelled. Will leave this idea neutral until it decides what to do with the bottom of the channels and the top trendline of the wedge. Currently 1day 50ma is support. If somehow the 1 day 50ma holds support we could just bust right out of this purple bullflag but its looking more and more likely we could at least temporarily lose 1day 50ma support for a few 1 day candles.
GEMINI:BTCUSD
by DrDovetail