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FLAG

⭕️BUY BITCOIN at the safest place and price ✅⭕️You see bitcoin analysis in four hours(BTCUSDT)🔎 🔰As shown in the picture, Bitcoin moves in a flag-like pattern. The safest price to buy bitcoin is the price that is at the intersection of the uptrend line (white) and the support line (orange), and I set the target in the supply range (purple).🧐 ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 ____________________📈TRADER STREET📉________________________
Long
by TRADER_STREET
1
BTCUSD - Bitcoin resistance and bullish divergence 20110410Bitcoin didn't break to the upside according to the previous target but it's still contained between the upward sloping lines of the ascending channel. The price suffered some pressure and broke to the lower part of the channel (below the median line). However, the chart shows a bullish divergence which demonstrates that bears are losing power and that bulls can be ready to control, confirm the bullish divergence with the price and RSI oscillations in the chart. The price should pass the median line of the ascending channel, approximately around $43,500, to enforce the narrative that the bulls are taking control. There's some resistance at around $45,600 and $46,900 so the price may struggle to break these levels, something to watch closely. If the price breaks above $43,500 it can go to around $45,600. If the price doesn't break above $43,500 it can go sideways or to the lower trend line of the ascending channel around $40,000.
KRAKEN:BTCUSD
by saulodigital
3
Bitcoin Bear Flag - What this means for Bitcoin's Future...Hello Traders, Today I will be discussing the formation of a Bear Flag and what this means for Bitcoin. - As you can see on the chart BTC has been consolidating in an "Ascending" parallel channel since January. 1) An ascending formation is typically a Bearish signal. 2) In conjunction with the downtrend from the highs at $69K in November, this creates a bear flag. - Now I'm sure some of you may be wondering... Well BTC consolidated last year in a channel before the massive pump to $69K, so won't Bitcoin do the same this time? - The answer is no. - Last year Bitcoin consolidated in a "Descending" channel which is typically Bullish. - As expected BTC pumped coming out of that Bullish consolidation. - This time BTC has created a Bear Flag and has a much higher probability of continuing lower before hitting previous ATH's. So what does this mean for BTC? Here are the 3 possibilities I see playing out.. 1) (Highest Probability) BTC retests the $36K support level 2) (Medium Probability) BTC retests the $29K support level 3) (Lowest Probability) BTC retest the $20K support level. I want to emphasize... Patterns have a certain probability of playing out. Bear flags have a relatively high probability of playing out and BTC has formed a textbook Bear Flag. This means the probability of BTC breaking down and even hitting $20K are still relatively high. Sometimes you have to zoom out and look at the bigger picture. I'm sure a lot of you will be discouraged by this, but think of how incredible it would be to accumulate BTC back at $20K!? Good luck everyone and happy trading!
COINBASE:BTCUSD
by natef1
4
BTCUSD - Bitcoin uptrend 20220406Bitcoin broke the downtrend and build up with higher highs and higher lows. It seems to be forming an ascending channel with a settlement in the upper part of the channel, denoting an indication to break to the upside. It's also testing the 200 MA which is working as a mediator between trends. In the last few days, it seems to be forming a bull flag, if it breaks to the upside the target can be around USD $53,500, if it breaks to the downside the target can be around USD $40,000.
KRAKEN:BTCUSD
by saulodigital
AXS flag breakoutPrice had nice daily close, wicking down to 20 day ema, closing with a moderate bullish spread. Price made impulsive move up followed by a very clean flag - channel printed on the 4 hour. Price broke out on the 30 min time frame with ultra high volume to the upside. Stop loss: Just below daily s/r and vpvr level, inside of previous channel, and in trough of volatility zone measured thru out channel Take profit: At next daily zone, aligning with the 0.272 fib extension level of flag
Long
by CMSTrading
Just a "classic" Ethereum (ETC) bull flag chartHey everyone, Nothing special here, maybe a little as I just wanted to share that view on ETC and usually its Ethereum not the "classic" one, because it looks like very nice bull flag with break out and retest played out & it feels to me like a very nice R:R entry. but there is something furthermore going on behind with ETH & ETC in next months, so I would pay attention to ETC this year. Trade safe and keep your mind focused Cheers ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
COINBASE:ETCUSDLong
by Anoinvest
6
Continuation of bear flagNear perfect rejection at the top of the trend. I'm not a fan of the lower time frames as I'm not a daily trader. The monthly Macd just crossed huge bearish signal. The Daily momentum is failing. My view has been and still is we see 20k. Comment: **disclaimer- anything mentioned in this forum is for information & educational purposes only and does not constitute investment advice. please talk to your investment advisor and do additional research and due diligence on your own before investing and making important investment decisions.- disclaimer**
COINBASE:BTCUSDShort
by TruePrimeOne
What is Flag pattern and how to trade with that?Flag Pattern (Bullish) * One of the most common patterns of price trend continuation is the FLAG pattern. How to identify this pattern? How to use it in trading most effectively?I will cover it all through this post. * The Flag pattern is a type of price pattern in bullish trends. This pattern consists of a strong increase (called a flagpole), followed by a countertrend with two levels of Resistance and Support (called flags). The price forms this pattern after a strong increase. It then breaks out of the Resistance and continues rising, marking the end of the pattern. This is a very common behavior of prices during an uptrend. * After breaking out of the Resistance, the price can retest this new Support. How to open an order : Entry Point : Right after the candlestick breaks out of the Resistance. Stop-Loss : At the bottom of the price channel (the lowest point of the support). Target : At the price whose, from the entry point, the length is equal to the length of the flagpole. * In the future, we will publish other patterns such as Triangle, head and shoulders, wedge and other educational materials 📚 . Please follow our page to be informed as soon as the materials are published. Thank you all for supporting our activity with Likes 👍 and Comments ❤️
Education
by NamchaTa