EURUSD - Bullish Flag @ Low Price(*This idea is not meant to be any kind of advice. Trade on your own Risk!*)
Here is the summary of the indications:
Low Price
Daily Broadening Wedge
Above weekly Support
Bullish Flag Pattern
Target is at the height of the bullish flag pole
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Hi Traders!
The setup of this idea is that the market is at a relatively low price at the moment.
Now, it is going up.
If you zoom out towards the daily chart, you can see that the market is moving in a Broadening Wedge,
from which it lastly touched the lower Trendline.
However, now we are in a Bullish Flag Pattern.
Simultaneously, we are above the major weekly Support.
The target would be the next major Resistance at around 1.17400.
This target is also at the height of the bullish flag pole - the distance, which
is typically used for the Bullish Flag Pattern.
If you have any questions, another point of view or something to add, please comment!
Thanks and successful Trading :-)!
Bullish Flag
ETH/USD: 0.618% Fibonacci Support EntryEthereum make a support above of $3,919 USD Aprox. This price level it's the 0.618% of Fibonacci. So, we're in this reversal later of this little drop.
But now, we look a nice entry that you can to put a buy pending order in my exactly price to activate my buy order limit at $4.056 USD.
And also, I want to share in H1 timeframe y perspective what I view. I view that we forming a double bottom and into it, we look a nice bullish flag. And now, Ethereum make this break-out of this chartist pattern and we look that Ethereum may to up. Now, as I know very well that Ethereum will continue up, I will put this buy order limit at $4,056 USD.
And guys, congratulations for yours if you entry in my Bitcoin long position. I get 7% of earns in my past trade in Bitcoin. You can view my past analysis in the link to related idea to know more.
Remember, I want to measure my goal to long term and get 300% by year in cryptocurrency. And I use it to accumulate compound interest for the next year. And a message for you. I look that Cardano has some trouble that this cryptocurrency could not to becoming popular as Solana it's wakening up now and there's a lot chances that Solana will becoming the best cryptocurrency. I do not invest in Solana, but I invest in XRP too. I'm more optimistic with XRP, but in the next future. I want to use XRP to accumulate compount interest until reach 500,000 XRP in a period of 4-5 years using my XRP collateral in Simple FX and trade cryptocurrency with my goal 300% by year.
Dash DASHUSDT - Ascending channel + new ATH soon!- Dash DASH - Rank #65 on coinmarketcap
- On the weekly chart we can spot a huge ascending channel
- The price respects a support trendline
- Profit target is 1:1 extension or top of the channel
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Ve-chain to go crazyHello traders and HODL-ers and welcome to my analysis.
Ve-Chain chart shows some movement might be ahead.
As you can see this symmetric triangle or flag pattern has taken weeks to complete and now it is on the cusp of breaking point.
I have marked possible price targets with the lengths of the arrows and the fib-level;
which, if happens could be a 4x (the arrow) or even 20x (1.618 Fib) rally!!
Notice that the chart is drawn on log level and that's why the arrows are seen different in size, although they are cloned.
I hope you like my analysis, please share your thoughts on this one with me.
Indus Towers Consolidating Near Monthly Resistance ZoneHello Traders. My View for NSE:INDUSTOWER is Bullish. The price is trading in a range and has been forming Bullish Flag Pattern near Monthly Resistance Zone. Once the flag pattern breakout is given then one can buy the stock above the resistance for short and mid term trade. Targets are given in the chart.
Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the idea for educational purpose.
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
A bullish flag and it's pullbacknew fantom update :
We have a nice descending flag, last night the price broke the flag, and now we're on its pullback.
This setup has an efficient risk/reward ratio.
$OZL - finishing up the bullflag. Nearly done.DOwn the lift and up the stairs
that SI70 red line is sagging down and needs a shunt from a steep drop to enable this to move up and exit the flag.
Won't be long before BO!
$WOLF hello old foe; U taught me an expensive lesson. I'll be bk$WOLF used to be $CREE
Nice big bullflag etched in there. Voila.
I wouldn't be in until its backtesting those waistelines. Plenty of jigs thre to scalp if uit's your flavour, though, and in relative safety as she climbs up the right side of the flag to exit. Just saying.
BTC/USD: bullish channel flagBitcoin forming this bullish chartist pattern called bullish channel flag. This bullish pattern it's a bull continuation that there's bought entry in zones.
Now, I look in H4 timeframe that there's a candlestick in process to be ending in 1 hour approximately. So, if we closed up with bullish signal, Bitcoin in the next hours could to continue climbing to my objective: $65,392 USD.
So, this it;s my details how I will entry in this long position:
1. Trade Position: Long
2. Entry Price Order: $60,523 USD (Pending Order)
3. Target Profit: $65,392 USD
4. Stop Loss: $58,027 USD
5. Risk/Benefit: 2/4
Now, I make analysis in H1 timeframe to analyze better in short term, and also, I took some practice in H1 timeframe that I believe that I'm preparing to trade Bitcoin or any cryptocurrency in H1 timeframe. But, I want to choose some traders that I like to trade in H1 timeframe. And they're Bitcoin and Ethereum. Why? Because I choose these cryptocurrencies as I take as main cryptocurrencies to trade as I want to envolving in others financial markets very soon to trade together with cryptocurencies. I thinking that not just we can to trade cryptocurrencies, but we could to choose some pars of others financial markets like Forex, commodities, stocks market and many others financial market. But in yes, I follow cryptocurrencies like investment for aways making technical analysis always in Cardano, Chainlink, XRP, Litecoin, and much anothers cryptocurrencies. But, I just want to choose Bitcoin and Ethereum the only cryptocurrencies to trade more togethers with others financial markets. Now, the rest of cryptocurrencies I will make always technical analysis very enfocous for investment in short, medium and long term, including Bitcoin and Ethereum.
I hope that will support you!!!
NQ1! - Worksheet in 3DPrice continues to react to the echo of the March 2020 Drop. Setting up a flag above the 278.6% level from the March 20 low. Supported by the 2 hour 8 EMA with a wick this morning. MSFT working on a new all-time high and Facebook waking-up to the metaverse; AAPL in a bull flag as GOOG looks to break-out of it's larger frame iH&S.
Time to buy dYdX !!!!So dYdX finally did some decent retrace, actually a perfect retrace to the 0.382 Fibonacci level.
We have 4 factors to buy dYdX right now:
1- 0.382 fibonacci support level
2- lower line of this bullish bull flag
3- diagonal support line that hold us from $10 till this day
4- Oversold RSI
So it’s just a good bet to buy dYdX here
Your target should be around $33 and stoploss should be at -$16
The only negative sign is the funding rate, which despite the bearishness of these past days it is still high af.
FIO Protocol FIOUSDT - Ascending and Symmetrical Triangle +1500%- FIO Protocol (FIO) - Rank 425 - is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.
- From the technical perspective, we can see an symmetrical triangle on the daily chart.
- Also we can spot an ascending triangle, which is very bullish with the combination of the symmetrical triangle.
- Profit target is 1.618 FIB and volume is bullish!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!