Ripple XRP Huge BULL FLAG formation? XRP ALERT!Not my typical trade setup but when they are as obvious as this one has to take note.❗️
With such a strong rally over the past 24hrs or so you would be forgiven for expecting XRP to take a breather and have some sort or retracement but two things I always teach is:
🟢 Every strong trend starts with a breakout and
🟢 An asset can retrace in TIME rather than in PRICE, more commonly viewed as a consolidation on the chart.
If you plan on taking on this setup remember to consider entry on a lower timeframe to manage risk and reduce the stop level if you use one.
I know alot of you younger guys refuse to use stops "YOLO" you say BUT like I say "you can't trade without CAPITAL" so always manage your risk.👌
Flag
Euro / U.S. Dollar Currency Pair | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Euro / U.S. Dollar Currency Pair
- Double Formation
* (Neckline) | Completed Survey & Entry Bias
* 1.11200 USD | Area Of Value | Subdivision 1
- Triple Formation
* 012345 | Wave Count Completed | Subdivision 2
* Retracement Numbered | Downtrend Bias | Subdivision 3
* Daily Time Frame | Trend Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
STRONG BREAKOUT - CONTINUATION IMPULSE?As illustrated, we see a strong bullish 1D candle break-out of the bullish pattern (consolidation phase), which could indicate the start of the continuation impulse to the upside to re-test previous highs and potentially breaking to create ATHs.
Target area:
AB = CD:
It is calculated based on the measurement of the first bullish impulse; meaning it should be the same distance.
That being said, the price target would be the $4.300 - $4.500 range.
Fundamentals:
A lot of expectation with Trump's take over and his plans for the crypto industry. As the date comes closer ( 20th of JAN ), there could be a hype into the general market; specially XRP since (apparently) there's talks about RLUSD replacing USDT + serving as a governmental stable coin which the US could start using.
Another key event would be the potential BTC reserve that Trump might decide to create. This would increase demand of BTC tremendously, causing a chain reaction effect in most alt coins. It only makes sense to do this with how fast the industry is expanding and growing.
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GOOD LUCK.
Intel Corp (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Intel Corp (Extended Hours)
- Double Formation
* 26.00 USD | Area Of Value | Subdivision 1
* (Flag Structure) | Ranking & Ranging | Continuation | Subdivision 2
- Triple Formation
* 012345 | Valid Wave Count | Ongoing Wave 3 Configuration
* Retracement Numbered | Reversed | Subdivision 3
* Daily Time Frame | Trend Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Bitcoin is Ready to Fall by Flag Pattern!!!Bitcoin ( BINANCE:BTCUSDT ) managed to break the 50_SMA(Daily) in the past days, and this could be a sign for a further fall of Bitcoin .
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is breaking the Support lines .
In terms of Classic Technical Analysis , the Bearish Flag Pattern can cause Bitcoin to fall further.
I expect Bitcoin to drop towards $91,000 minimum after breaking the Support line and a possible pullback, and if the Heavy Support zone($95,000-$90,870) is broken, we should expect more dumps .
⚠️Note: If Bitcoin breaks the Resistance lines, we can hope for a further increase in Bitcoin.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Mizuho Financial Group, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Mizuho Financial Group, Inc.
- Double Formation
* 012345 | Wave Count Survey Completed | Subdivision 1
* (Neckline) At 3.200.00 JPY
- Triple Formation
* (Flag Structure) | Uptrend Bias Entry Condition | Subdivision 2
* Retracement Numbered | Subdivision 3
* Daily Time Frame | Entry Settings Configuration
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
BTC - Bear Flag forming, 73k price projection** Reposting because annotations weren't posted in the previous analysis**
After hitting all time highs, BTC is forming a bear flag.
If bear flag plays out and price breaks through 91,400 level then on the basis of the measured move of the flag pole, BTC is likely to test 73,000 which is a significant support zone on Daily timeframe. This is because before BTC pierced 73,000, this was a strong resistance zone. Also, since price broke out 73,000, it hasn't retraced back to this level.
Furthermore, there is a fib retracement level of 38.2% at 71,500 so expect 73,000 - 71,500 to be strong support zone.
Remember technicals are all probabilities, price could break 99,000 level (upper trendline of the bear flag channel) to test all time highs.
ETH - Bear Flag forming, 25k price projectionETH is forming a bear flag.
If bear flag plays out and price breaks through 3,100 level then on the basis of the measured move of the flag pole, ETH is likely to test 2,500. There is also a fib retracement level of 78.6% at 2,500.
In the process ETH there will be significant support zone around 2,800 - 2,900 because:
- there is a fib retracement level of 61.8% at 2,900
- strong support zone on weekly timeframe around 2,800
- ETH pierced through 2,800 and never retraced back to this level
Remember technicals are all probabilities, price could break 3,600 level (upper trendline of the bear flag channel) to test all time highs.
AI16Z Price Rockets 30% As Crypto Whales Invest $4 MillionThe cryptocurrency market has witnessed yet another explosive movement, this time from AI16Z, a groundbreaking AI-driven project. With a 30% price surge in the last 24 hours, AI16Z has set the stage for potential long-term bullish momentum.
Crypto Whale Activity Sparks Confidence
The recent surge in AI16Z’s price can be attributed to significant whale activity. Notable transactions include:
- Two whale wallets, “6ZFcxR…JkZV” and “HRQXKj…bVFr,” purchased 2.62 million tokens worth $4.34 million.
- Wallet “FU9b2c…fHyc” acquired 1.19 million tokens for $1.65 million.
- Wallet “B6FsUN…XzDV” purchased 869K tokens for $1.09 million.
- Wallet “AVLKwK…x1Mv” bought 998K tokens for $1.22 million.
These high-profile purchases reflect growing confidence in AI16Z’s potential, with whales positioning themselves for future gains as the project garners attention within the crypto and AI sectors.
Technical Analysis
AI16Z’s price action reveals a bullish flag pattern that triggered the recent 30% surge. However, this rally has faced short-term resistance, with the price currently up 0.26% and trading at $1.71. Here’s what the charts suggest:
- Support Levels:
- Immediate support at $1.33, aligning with the 61.8% Fibonacci retracement level.
- A potential dip to this level (an 18% correction) could create a buy opportunity for traders.
- Resistance Levels:
- Current resistance at $1.77, the recent high.
- A breakout above this level could push the price towards new highs, potentially targeting $2.00.
AI16Z’s Vision and Innovation
AI16Z is more than just a token; it represents a paradigm shift in AI-driven ventures. Here’s what sets it apart:
- AI Leadership: The project is led by AI agents, a pioneering move in the venture capital space.
- Ecosystem Development: AI16Z aims to connect AI entrepreneurs, investors, and experts, fostering innovation in a rapidly evolving sector.
- Future Plans: The introduction of a launchpad for AI-driven projects using the Eliza framework promises sustained value accrual. AI16Z is also poised to become the primary currency for agent-to-agent transactions, incentivizing developers and enhancing ecosystem utility.
Market Context and Performance
AI16Z’s current market dynamics highlight its growing prominence:
- Market Cap: $1.8 billion, ranking #201 on CoinMarketCap.
- Trading Volume: $256 million in the last 24 hours, signaling strong market activity.
- All-Time High: $1.771, achieved recently.
- All-Time Low: $0.002979, recorded two months ago, marking a 2,791.76% increase since then.
The broader crypto market’s focus on AI-related projects has bolstered AI16Z’s appeal, with analysts attributing its rally to advancements in AI technology and strategic whale accumulation.
Conclusion: What’s Next for AI16Z?
AI16Z’s recent surge underscores its potential as a leader in decentralized AI innovation. While a short-term correction to $1.33 could be on the horizon, the project’s robust fundamentals and whale-backed confidence suggest sustained upward momentum in the long run.
As AI technology continues to reshape industries, AI16Z is well-positioned to capitalize on this trend, making it a token to watch in 2024 and beyond. Traders and investors should keep an eye on key support and resistance levels, as well as upcoming developments in the project’s ecosystem.
BTC - Bear Flag forming, 73k price projectionAfter hitting all time highs, BTC is forming a bear flag.
If bear flag plays out and price breaks through 91,400 level then on the basis of the measured move of the flag pole, BTC is likely to test 73,000 which is a significant support zone on Daily timeframe. This is because before BTC pierced 73,000, this was a strong resistance zone. Also, since price broke out 73,000, it hasn't retraced back to this level.
Furthermore, there is a fib retracement level of 38.2% at 71,500 so expect 73,000 - 71,500 to be strong support zone.
Remember technicals are all probabilities, price could break 99,000 level (upper trendline of the bear flag channel) to test all time highs.
USOIL:Latest trading opportunities.
USOIL: The current position is around 71.2. According to the quotation of tradingbiew.
From a macro analysis, as a strategic reserve, the rise of oil is inevitable. From the perspective of long-term trading, buying is feasible. Short-term observation. "Whether OPEC+ will cut production" is an important factor in the upward trend of oil prices. From the perspective of short-term trends, buying is still feasible. In the short term, we need to pay attention to the price around 73.5. Because there is a major support below. If you can accept a price fluctuation of 20 points, then there is room for profit in buying. Stop loss and take profit are ±2 respectively. The current price is 71.2. Remember to take profit in time after making a profit.
TVC:USOIL FX:USOIL
LUPIN | Flag Pattern Breakout AnalysisThe flag pattern breakout is a continuation chart pattern that often indicates the potential for strong directional movement.
Disclaimer :
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Immunovant Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Immunovant Inc. Stock Quote
- Double Formation
* 35.00 USD | Completed Survey | A+ Set Up))
* (Neckline) At 32.50 USD | Subdivision 1
- Triple Formation
* Flag Structure | Conditions On Short Set Up Bias
* Retracement Numbered | Configuration | Subdivision 2
* Daily Time Frame | Trend Settings | Subdivision
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
$Others setting the Scene for 100% + MoveA few reason for continuation for the next move up.
Bull Flag on CRYPTOCAP:OTHERS
Momentum indicators, MACD and RSI have reset and ready for another leg higher
CRYPTOCAP:BTC.D Backtested highs and ready for drop
Fear and Greed Index reset, from extreme Greed to Neutral
This is looking great for Tier 1 Alts, Alt L1 and L2 Ecosystems
Most bullish on:
BINANCE:JASMYUSDT
BINANCE:CRVUSDT
BINANCE:FETUSDT
BINANCE:TAOUSDT
BINANCE:FTMUSDT
BINANCE:EGLDUSDT
$BINANCE:XRDUSDT
BINANCE:INJUSDT
BINANCE:ARBUSDT
BINANCE:ENJUSDT
REAL Is So Strong! I Have To Find A Low Risk Way Into ItA 250% earnings reaction in seven weeks shows incredible strength for REAL.
I was looking for a buyable pivot to form in the shaded flag area but it took off without me. I may not get the pivot I want, and if that's the case I may resort to buying it on support off the 10 day moving average.
HBAR/USD Technical Analysis: Bullish Signals EmergeTechnical Overview:
The HBAR/USD pair is exhibiting a confluence of bullish technical signals, suggesting a potential upward trend reversal.
6-Hour Chart: The pair is currently forming a bullish flag pattern. This pattern typically follows a strong upward move (the "flagpole") and then consolidates within a narrow range (the "flag"). A breakout above the upper trendline of the flag would signal a resumption of the upward trend.
Smaller Timeframes: On smaller timeframes, the emergence of a double bottom pattern further strengthens the bullish outlook. The double bottom pattern forms when the price dips twice to a similar low and then bounces back, indicating increasing buying pressure at lower price levels.
Combined Interpretation:
The combination of a bull flag on the 6-hour chart and a double bottom on smaller timeframes presents a compelling bullish scenario for HBAR/USD. This suggests that the price may be poised for a significant upward move.