FLAG
EURHUF bearish scenario:In this pair, technical analysis shows a technical figure Flag. The Flag broke through the support line on 01/12/2021. EURHUF is forming a bearish formation on a daily chart. If the price holds below this level, we will have a possible bearish price movement with a forecast for the next 6 days with a target of 361.08. According to the experts, your stop loss should be around 371.98 if you enter this position.
Data-wise, the EU published the Consumer Price Index, which surged to a record high of 4.9% YoY in November, according to preliminary estimates. The core reading printed at 2.6%, much higher than the previous 2%, piling pressure on the European Central Bank to start trimming facilities.
On Wednesday, Germany will publish October Retail Sales, expected to have dropped by 2% YoY. Markit will publish the final readings of its Manufacturing PMIs for the EU.
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BTC Bear Flag BTC is forming a bear flag on the 4 hour / 1 hour Chart.
Decreased volume as the market continues in a slight upward channel, will provide confluence for the flag, by way of a bearish divergence:
Price up/Volume down
Approximated target from a breakdown in the next 24 hours is: 48400 - 48700.
SHORT near term trade
KDAUSDT Breakout and UpdateSo, if you jumped on this when I first mentioned it, you made quite a large return. After a nice long consolidation period, its on the move yet again to my major target. Now, there will be some resistance along the way so if you are swing trading this, you will likely be taking profit at those areas and re-entering etc. Anyways, it looks good from here and I expect the asset to move past my major target throughout this leg of the bull cycle. Thanks again everyone!
long $MANA for metaverse Set-up looks incredible. there was a bullish pennant that failed. This bullish flag looks like it wants to launch off as every Fortune 500 company is beginning to use the word metaverse and buying copy writes and trademarks. MANA is one way to touch that realm when it comes to crypto.
CRVUSDT Breakout and moves to TargetYet another example of an asset ready to move and helped by a little BTC push upwards. CRV was in a flagging pattern for awhile now and it was only a matter of time before it started to move towards the target. I think it still has a bit more juice in it before it starts to consolidate again before continuation. Once BTC gets going, its should head to the target without issue. This will likely create a small basing pattern and give us another smaller target. Thanks again everyone!
ONEUSDT Starts Move to TargetSo ONEUSDT has started its breakout move to the major target with a little help from a semi bullish movement from BTC. I expect other alts to either finish their patterns or start moving just like ONEUSDT. We can this the same type of action from CRV finally. I expect ONEUSDT to consolidate in a continuation pattern from here and push to the major target in the coming weeks. Thanks again everyone!
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Keep in mind.
🟢 Multiple Rejection Structure
🟣 Monthly Frame Structure.
🔴 Weekly Frame Structure.
🔵 Daily Frame Structure.
🟡 4.H Frame Structure.
⚪️ 1.H Frame Structure.
Small Time Profit Chart
ILVUSDT Bull Flag and TargetSo here is an asset I hold and I see promise in. I have been a part of their discord for awhile to see how the project is coming along. Anyways we have a bull flag signaling continuation. You can see the flag tested previous levels in line with the recent alt pullback and is now heading up. This flag has produced a target around 1800. Thanks again everyone.
SOLUSDT Patterns and Next TargetSo I have talked about SOL to my followers for awhile now. I have been profiting off of the asset rather early. I am not sure if I every published a public chart on it so here you go. We have a cup and handle pattern and a flag pole both agreeing on a price around the area marked on the chart. This one is rather easy to see and tells us there is expected continuation. Thank again everyone!
CRVUSDT Update and TargetSo the consolidation of CRV got lengthened a bit by the recent pullback. However, that is not a bad thing. Structurally, CRV looks great! I expect it to move to about 8.0 for a major target. There are a few targets I expect after this but I am waiting for confirmation. Anyways, thanks again everyone!
MTVUSDT Update and TargetMultivac does not get the love I believe it deserves. Most of this is self inflicted due to lack of marketing. However, they have been better about that recently. I believe the price is headed back up to the top of the trendline. Eventually it will break out of the trendline. Anyways, here is another asset I like personally. Thanks again everyone!
ONEUSDT Update and TargetI thought I would start updating the charts to show you what I am looking at. We have a nice flagging consolidation pattern on ONE. This continuation pattern is rather standard for a lot of alts right now. We still have a major target of .48. Everything is looking pretty good right now. Alts had a little time to cool off and Total2 looks like it is ready to move again. Thanks everyone!
btc next move . dump or pump.btc has to hold ~60k support . we can consider the black box as flag . but the 60k support is strong support which can apply into other pattern . o if 60k break there will be problem . btc dominance is still is 43 . which indicate that alt coins didn't dump hard . when btc bear run start alt will dump hard and the btc.d will go up .
if we close above 60k and started to go up then we can see 75k . look my previous signal for more info .
if 60k break we cant say it is bear market . it will se up to 54-55k . where next strong support box . but there are support in 58k, 56k regions .
so iam saying open a long position in btc . use stop loss between 58k -59k .
HBARUSDT Showing Nice Bullish StructureSo this is an asset I don't believe I have talked about too much here. A close friend of mine had me look into this awhile back and I have been in it ever since. There are a few good things to look at, first we can start with the flagging pattern. Next we have a cup and handle. The targets here are .57 ( a level hit previously) and .75. I really like the overall structure of this asset and I'm sure it will do great things in the coming months. Thanks again everyone!
Shiba inu Flag Pattern (continuation pattern)Shiba inu is forming once again a flag pattern and it's about to be complete. Once the upper line of the triangle clearly broken, their will be a high probability chance for it to reaching 0.0002 levels. But if it closes under 0.000045 this analysis won't take effect.
Entring point : Actual levels
TP : 0.0002
SL : 0.000045
Shiba inu Flag Pattern (continuation pattern)Shiba inu is forming once again a flag pattern and it's about to be complete. Once the upper line of the triangle clearly broken, their will be a high probability chance for it to reaching 0.0002 levels. But if it closes under 0.000045 this analysis won't take effect.