CAN SOLANA HIT $1000 IN THIS BULL RUN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated!
Why SOLANA can hit $1000 in this bull run?
Many analysts are optimistic about SOL's potential in the current market cycle. Here's a look at some factors to consider:
Technical Analysis (T.A.)
Bull Pennant (Possible): The 2-day timeframe suggests a potential bull pennant pattern. A clean breakout above the upper trendline could signal a significant price increase. However, confirmation is needed.
Fundamental Analysis (F.A.)
ETF Race: The recent filing for SOL ETFs could attract institutional investment, potentially boosting demand.
Buy some SOL now and add more in the dip.
The strong buy zone is in the $115-$125 range.
What are your thoughts on SOL's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Thanks!
Bullish Pennant
TRX ANALYSIS🚀#TRX Analysis :
🔮#TRX has broken out of a symmetrical triangle pattern on the 3D timeframe💁♂️
The breakout of the bullish pennant pattern suggests a potential bullish move📈
Expect a bullish wave of around 15% in the coming weeks
🔰Current Price: $0.12300
🎯 Target Price: $0.14100
⚡️What to do ?
👀Keep an eye on #TRX price action. We can trade according to the chart and make some profits⚡️⚡️
#TRX #Cryptocurrency #TechnicalAnalysis #DYOR
I Cannot Short This !!! situation+next targets.BINANCE:JASMYUSDT broke out the bull Pennant on 3D timeframe
Up we go📈
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$FTM Bull Case - Multiple TargetsBINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels.
The support is sitting right at 61.8% of the last leg up. (Common reversal level)
I think the chart is open to multiple interpretations, each with a different target:
Descending Triangle : $1
Also a key psychological level and a previous resistance.
Bull Pennant : $1.15
Previous resistance and close to the top from last March.
Elliott Wave W3 : $1.3 or $1.62
If $0.76 is the local bottom, it would be a perfect Wave 2 end (61.8% of Wave 1).
According to Elliott Wave theory, the Wave 3 target would be either $1.3 (161.8% of W1) or $1.62 (261.8% of W1).
$1.3 is also a key support from 2021/2022.
$1.62 is also a resistance from 2022.
My strategy for this will be:
Open a long position after a break above the resistance trendline, with a wide SL
Take partial profits at each target
Starting from $1.15, move my SL up below the previous target
Not Financial Advice
JASMY: Potential Bullish Pennant Breakout!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
JASMY is currently testing the top of a potential bull pennant pattern on the daily timeframe. A confirmed breakout could signal further bullish momentum. Buy some now and add more in the dip.
What to Watch For:
Confirmation of Breakout: A daily close above the resistance level of the pennant strengthens the bullish case.
Volume: Higher trading volume on the breakout can increase confidence in the signal.
Possible Entry & Targets (for educational purposes only):
Entry: $0.021-$0.024
Potential Targets: 300-400%
Stop-Loss: $0.018 (Consider setting a stop-loss based on your risk tolerance strategy)
Let's Discuss!
What are your thoughts on JASMY's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
BNB: Potential Bull Pennant Breakout!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
BNB recently completed a formation resembling a bull pennant pattern on the daily timeframe. The price has broken out of this pattern and is currently retesting the breakout zone. If it holds this retest level, it could signal further bullish momentum for BNB.
Buy some now and add more in the dip.
Entry range:- $560-$600
Targets:- $712/$834/$986/$1194
SL:- Daily close below $530
Let's Discuss!
What are your thoughts on BNB's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
WIF ANALYSIS🔴 #WIF Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #WIF in daily time frame. We can expect around $4.2370 bullish move if the price perfectly retests the level📈📈
🔰 Current Price: $2.9700
🎯 Target Price: $4.2370
⚡️What to do ?
👀Keep an eye on #WIF price action. We can trade according to the chart and make some profits. ⚡️⚡️
#WIF #Cryptocurrency #Breakout #DYOR
JASMY ANALYSIS🔴 #JASMY Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #JASMY in daily time frame. We can expect around $0.02750 bullish move if the price perfectly retests the level📈📈
🔰 Current Price: $0.02081
🎯 Target Price: $0.02750
⚡️What to do ?
👀Keep an eye on #JASMY price action. We can trade according to the chart and make some profits. ⚡️⚡️
#JASMY #Cryptocurrency #Breakout #DYOR
This is the real question to ask now.There are two scenarios.
1- Bull pennant
2- Bull flag
Write in the comments which one do you think?
- If it is a bull flag, there is a possibility to drop to $2800.
In a different analysis I shared yesterday, I gave the target of $2800. Please check it.
- If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout.
In both scenarios, I think we have beautiful days in front of us after Bitcoin halving.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
Buy AUD/USD Bullish PennantThe AUD/USD pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a well-defined bullish pennant pattern. This breakout suggests a continuation of the prior uptrend and a higher likelihood of further gains in the coming hours.
Key Points:
Buy Entry: Consider entering a long position (buying) above the broken resistance level of the pennant, ideally around 0.6630 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the following points, based on the pennant and recent price movement:
0.6694: This target is obtained by measuring the height of the flagpole (initial uptrend before the pennant) and adding that distance to the breakout price.
0.6734: This is a further extension of the upside target, based on roughly twice the height of the flagpole.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the pennant, ideally around 0.6600. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you.
pennant and flag pole $INDEX:BTCUSDpotential 80k move when we test resistance of a bullish pennant and flag pole on the btc chart.
Currently we are running into the order book filling anything below 59k showing us the confidence isnt shaken in the bull run, We will have to be careful not to put ourselves in a position where we get stuck in a losing position, Currently I am Long, active trade INDEX:BTCUSD
ABTUSD Breaking upward from a bull pennantIt looks like it is validating the break upward, full emasured move target can lead to 180% gains from current price range. Of course always possible it corrects all the way back don to the top trendline of the pennant before reaching the full target. If so that’s simply an opportunity to enter at a zone with even bigger gains potential. It could just as easily keep pumping until it reaches the full target as well. If longer consolidation it could take 1 as many as 1-3 weeks to reach the full target also…and then of course a possibility with the least probability as it somehow does a 180 and doesnt reach the full target as all since anything’s possible…but as I said, that scenario is the one with the lowest probability at the moment. *not financial advice*
Galas next targets If the overall market is done w/ correction This bull flag target and then slightly above that is the double bottom breakout target. Price action seems to already climbing up the measured move line of the double bottom breakout so that’s a good sign that a breakout could get validated soon. Could definitely still correct back below the double bottom neckline once or twice first though if the bitcoin correction isn't over yet. *not financial advice*
TATA COMMUNICATIONS - A swing trade opportunity of 25%Trend - up in all higher time frames.
Weekly RSI - Took support at 62 and moving up.
Stock has given a bullish penant breakout after consolidating for 5 months - Sep - 2023 to Feb 2024
Retest of the breakout has happened.
Now weekly and daily price actions shows the upward momentum.
Entry - One may wait for daily previous supply levels - 2015 to be hit and take an entry as per reversal in lower time frame. Purely based on risk management - SL %
1827 - would act as a strong support. 7.5% from current levels.
BNB is going to do a bullish movement pretty soonBINANCE:BNBUSDT
BNB has created a bullish pennant pattern which means It's about to do a bullish movement which is great for bulls. The break out has not happened yet. When it happens the price shall increase as much as the pennant's pole. Note that there are 2 resistances along the way. One sits around 630$ and the other is around 670$( big resistance which should give difficult time to bulls)
BTC's Situation: What Shall we ExpectHi.
BINANCE:BTCUSDT
Today, I want to analyze BITCOIN for you in a 1D time frame so that we can have a MID-term view of BITCOIN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ BITCOIN is in a Bullish Flag Pattern.The Price is gonna Increase soon,The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 BITCOIN has been Bullish Recently!
🟢BITCOIN is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach GETTEX:92K
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ICP Road Map🗺️!!! situation+next targets.Hi.
COINEX:ICPUSDT
Today, I want to analyze ICP for you in a 3D time frame so that we can have a mid-term view of ICP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Bullish pennant is on the table on 3D timeframe🔍
Looking for a break out and more upside📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Ascending pennant
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Stellar XLM The biggest Moon 14.00 +XLM BULL PENANT/FLAG
This is just and idea. Why so stagnant? For years after years in regards to new ATH?! Because the pole upwards is coming!
XLM has been working and building in the background. Lately with the new Soroban contracts phasing out. XLM is becoming a Real World Assets commodity. The project and foundation has kept an ear to the damn US government in regards to compliance and regulation. In price action terms XLM is considered dead because it’s brewing up ready to blow off.
Don’t be deterred nor discouraged. I believe we are in a super cycle. If the pole breaks upwards and you held, though you may have traded the last bull run. You have to hold XLM’s bottoms on the pennant/flag.
The highest hopium is the highest risk. If it pays off, you’re rich.