YFII Bullish Pennant Breakout setupprice made good breakout at the bullish pennant
Buy small amount below 1900 $
stop manual if btc behaves bad
Bullish Pennant
RSR Bullish Pennantprice made beautiful Bullish pennant breakout 0.2 $ will send price higher
wait for price to close above 0.2$ buy the breakout
Time to enter AMZN?For the last 3 months we've been watching AMZN coiling. Day traders have found ways to buy puts and calls at major resistance and support lines. However, most of us have found it frustrating trying to find direction.
The pattern that I currently see forming is the bullish pennant. AMZN has constantly found it hard to move past the $3200 the past few weeks and if it has, dropping again intraday unable to hold that level. The bright side is that it has found strong support at $3065 which has held the channel that it seems to have formed.
Going forward two things could happen: (Bear in mind, vaccine and stimulus news are directing the winds and anything is possible)
1. AMZN could retest the $3200 wall. Watch for a breakout as it is very likely possible, most probably taking us back to the 52-week high.
2. Another drop to the $3065 level (and I do think this will happen). This time, we need to see if this holds. If it breaks, we could spiral down. If it holds, it is time to buy, for a breakout is imminent, confirming the bullish pennant pattern.
Trade responsibly!
TOTAL2 Updateprice in Triangle holding trend line support very well if hold above this support than it can move higher from here
190 billion should hold for next move in alt coin
breakout above or breakdown
Vet Breakout Setup price made good breakout of bullish pennant
buy zone and target mentioned in chart
XRPUSD - POSSIBLE SCENARIO'S - LONG XRPUSD(UPDATE)Hello traders,
I am extremely bullish at the moment. My previous idea's were followed perfectly, now I have 2 possible scenario's that I see.
The bullish divergence on the RSI give me extra confirmation for a possible next bull run.
Scenario 1: Bullish Pennant, XRPUSD has been making lower highs and higher lows, this indicates a bullish pennant pattern in which XRPUSD will break out to the upside and retest the .67-.70 resistance level. If it breaks this, I expect to hit 1.80-2.00 dollars soon.
Again, bullish divergence on the RSI gives extra confirmation.
Scenario 2: Wyckoff accumulation, this is in my opinion the most likely scenario, I still see a gap that could be closed by retesting the 0.45 support line. After this support level is tested and the market has shaken off panic sellers, I expect a run to 1.80-2.00 dollars soon.
And it will not break 0.45 support line in my opinion.
Fundamental confirmations:
BTC is around it's ATH, back in 2017, the news was hyping the bull run, everyone wanted to buy at the top, that makes it a top, when your average Joe starts buying crypto, you know it's time to sell.
There is no media hype like back in 2017 at the moment, this means that institutions and whales are buying cryptocurrencies, which indicate we have a much higher way to go.
PS:
DO NOT look at the time frames to base your expectations on, I can not predict time frames, I only indicate the patterns en possibilities I see. Most importantly, I do NOT have a glass ball, I could be completely wrong so do your own due diligence before entering a trade and do not trade based on my expectations. I do not trade, I just hold.
GOOD LUCK!
XRP/BTC - Bull PennantBull pennant on daily chart. I have no position yet. I am waiting for a confirmation candle.
If it breaks bullish my price target is 0.00006
$BA - 50ma has crossed 200maBack to $BA - This will likely be a buy signal for many. Bull pennant forming as well. I can't buy in as my money is tied up in other stocks, but may move some things around to get into this.
post-earnings play, 20%+ move in the makingbull pennant almost done forming, expecting a breakout/squeeze
Bitcoin to hit the 19k!I expect the the breakout of Bitcoin ⚜️ from the pennant and spike up to the 19k in the nearest days.
$TRIP Bull Pennant Post Earning. TRIP forming bull pennant. Volume Up. Closed above 50MA and 200MA. 50MA also crossed 200MA.
$TUP forming a bull pennant hereTup is forming a classic bull pennant. Gapped up on volume and now consolidating. Look for a breakout in the coming days.
xauusdwe can see the bullish pennant that gold just brokeout of. we should easily make our way to the previous high, and if we break that we will go for more.
EURUSD Bullish PennantEURUSD Pair 30M chart there is a bullish pennant chart pattern. According to the my trading plan 1.1924 would be the target.
Dollar Inverted Head and Shoulders into Possible Cup & HandleHere we have several bull patterns on the dollar futures.
First we established and broke out of a bull pennant, Then we moved onto another bullish pattern, inverted head and shoulders, and now we've developed a cup. Is this a handle that formed on the cup?
Whichever way you look at it, this is very bullish price action on the dollar.
What I'm looking for is the price to break through resistance and into the blue channel while flipping the resistance into support and ultimately capturing the top of the blue channel.
ICEUS:DXY
S&P 500 Bullish Pennant Incoming???Do they play around with bears? is this a massive bull pennant ready to explode to 4k? Check all the companies that announce earnings this week for hints!!!
We already have multiple formations like Inverse H&S, Bull Flag, Cup & Handle and now we have this one as well... The stakes are high and although i am not a US citizen i have a feeling that Trump is going to get re-elected. Take that in consideration together with the fact that FED stated it will keep interest rates to 0% until 2023 we may be in front of the biggest bubble in financial history!!! Big up till 2022 and then Michelle Obama will come as a savior to unite the United States of America.Stay on the sidelines is the best strategy for me at the moment, wait for strong confirmation and enjoy the ride :)
