SLPHidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .
Bullish Pennant
$KR Kroger remains bullish after PEGKroger recently came out of a cup and handle with a Power Earnings Gap (PEG) and has been digesting ever since, holding most gains and creating a nice VCP / Bullpennant like formation.
Today, there were about $117M in dark pools at $57, and giving the timing and price action my bias is to the buy side.
An idea would be to go long shares or calls with time.
I'm long the JUL 60c with 5,300 OI.
TEXTBOOKBeautiful setup doesn’t get anymore straight forward than this set stops accordingly, overshot previous PT’s adjusting and still looking for re-entry but now in mid upper 10’s (pink box tip of pennant) still on trend. Commonly early expecting re-entry to be no different, FOMO indeed. I like this stock, Let the gains ride to ex divi.
BITCOIN Bullish Pennant 1DWhat's up Everyone! 😃
Hope you are all having a successful day!
Just wanted to drop a quick bullish pattern which is developing on the BTCUSDT 1D chart.
Although it is a bullish pattern, we can still re-visit the 42k area before we find a bounce and potentilly continue to make higher lows and also higher highs again and potentially break the resistance of the ascending channel and the trend highs around 45.5k to 46k.
The second and slightly less bullish option would be to break to the downside of the symmetrical triangle, and then test the support of the ascending channel around 40k before we bounce back to the previously mentioned targets.
The 40k to 39k level would be our last realistic chance to bounce back and continue our current uptrend,if we fall below it is likely that we could form a double bottom around 33k or go even lower to about 31k-29k.
I would like to add that this is for educational purpose only and is in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like, comment or follow if you like my content! Every engagement puts a smile on my face, but also helps for my ideas to be seen! 😃🙏
Happy Trading ✌♥📈
SHIBA breakout of the bull pennant 🚀As I mentioned in my previous analysis ✔️
the price has started to gain and hit the target 💣🐳💣👍
and now
we had breakout for the price besides two important trend line ✔️
so
we expect more gain for the price at least to resistance area that located on the chart 🚀🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
Important Buy Signal Flashing for AMC!Hey Traders,
As you can see on the Daily Chart of AMC. A Technical Indicated a BUY. Historically these Indicators work very well among stocks, crypto, and forex. Even in the past of AMC stock, the BUY signals were great for this. However there is a chance I am wrong and this keeps going down, maybe take this to start DCAing. AMC's target for the recovery is $50 (Fibonacci Golden Pocket). We can put in calls/ longs to be in massive profits!
Safe trading,
-Pulkanator
XAUUSD GOLD Technical Analysis (POTENTIAL BREAKOUT)-Bullish pennant daily chart pattern.
-Long term bullish in gold/commodities with inflation and with potential inflation rated.
-Buy low/Sell high.
-Potential stop loss hunt when the price gets more squeezed closer together. Normally a big explosive move to the upside comes from this.
-I could see a fake-out to the downside and trap a lot of traders then the big money takes the price to the upside.
Ravencoin (RVN) squeezing inside the bullish pennantRavencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved.
Earlier the reward for mining a block was 5000 RVN but after the January 2022 halving it got reduced to 2500 Rvn which means less dumping from the miners. As we have seen previously in BTC which increased significantly in value after halving, same might happen in ravencoin as it is a fork of bitcoin.
RVN is increasingly used to mint NFT's which means more demand for RVN to issue assets on its blockchain.
Rvn price and Macd are squeezing in this massive triangle which it about to come to an end and it might go up sooner or later.
Keep this GEM in your watchlists.
BYND chart shows one gigantic bullish pennantA bullish pennant is forming when looking at the entire history of this chart. The price balances around the high volume line (red). The breakout of the pennant is highly speculative and could be way earlier.
I don't give financial or investments advice just my point of view.
DENT cup and handle in the daily.Potential cup and handle forming in the daily.
BTC is still in a range and DENT is holding pretty well above previous lows.
DENT is ready to pump hard in my opinion, the macro structure is there, we may need a bit more of volume but I think the future months looks pretty good for this project.
$NUE - Bull Pennant Atop a Volume Shelf$NUE has a super awesome setup going into the new year.
We've got a textbook bull pennant forming atop a volume shelf, meaning there likely isn't much downside left in this name.
Even after the guidance cuts, $NUE is still set to report an amazing quarter, meaning we've got both strong fundamentals and technicals supporting this name.
Long $NUE.
KIN Bullish Pennant on the daily.The Bullish Pennant is one of many chart patterns, in this case is a bullish indicator.
You can use the flagpole as an estimate for your targets, also keep in mind that the longer we take to break this structure, the harder we pump, so the possible 3x from the flagpole is a conservative estimate.
Why I'm Still Bullish on DENTHuge bullish pennant on the weekly, we've been building this structure for the whole year, and you know that the longer we take to break the structure, the harder we pump.
My target is five cents minimum, I think we could go way higher than that considering fomo and the news DENT has for the next year.
Trade accordingly.