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Pennant

POV: TI - Pole and Pennant BreakoutPOV: TI - Pole and Pennant Breakout While the Nifty 500 and broader market are underperforming, this stock stands out as an outlier, consistently hitting new all-time highs (ATH). 🚀 Key Observation: This swing setup delivered a Pole and Pennant Breakout, a classic bullish continuation pattern that reflects strong buying momentum even in a weak market environment. Why It Matters: Constant ATHs signal exceptional strength. The breakout confirms the stock's resilience, making it a key watch for potential opportunities. Disclaimer: For educational purposes only, not financial advice.
NSE:TILong
by kzatakia
Gold can drop from resistance line of pennant to 2595 levelHello traders, I want share with you my opinion about Gold. Observing the chart, we can see how the price rebounded from the support line and rose to 2790 points, after which turned around and started to decline. In a short time, the price fell to the support line, breaking the resistance level, which coincided with the seller zone and then continued to fall next. Soon, Gold declined below the support line and even broke the 2595 level and fell to 2536 points. But later Gold turned around and made a strong impulse up to the seller zone, breaking the support level one more time, and started to trades inside pennant as well. Next, the price made a small correction and then some time traded in the range, after which in a short time rose to the seller zone back. In this area, it reached the resistance line of the pennant and then started to decline to the buyer zone, breaking the 2710 level. Later XAU some time traded near the support line of the pennant and then rebounded up to the resistance line of this pattern, which at the moment continues to trades near. For this case, I think that Gold can rebound from the resistance line and drop to the support level, exiting from the pennant. Therefore I set my TP at 2595 level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
8
Albemarle 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 # Albemarle Stock Quote - Double Formation * 146.00 USD | Completed Survey * 012345 | Wave Count Entry Bias | Subdivision 1 - Triple Formation * ((Pennant Structure)) | Downtrend Continuation | Subdivision 2 * Numbered Retracement | Short Set Up | Subdivision 3 * Daily Time Frame | Trend Settings Condition 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
CAPITALCOM:ALBShort
by TradePolitics
3
XRP/USDT Bullish Pennat Breakout LoadingXRP/USDT, Bullish Pennant Formation in Progress The chart displays a Bullish Pennant, signaling potential upward momentum. However, the price is currently rejecting near the upper trendline, indicating that the breakout may take some time. Key Insights 1. The pennant structure remains intact, but consolidation might continue before a decisive breakout. 2. Watch for a confirmed breakout above the upper trendline before considering a long trade. 3. Once the breakout occurs, the target range is $2.8 to $3.0. Patience is crucial as the price may test the trendline support or consolidate further before breaking out.
Long
by wolfchemist
10
$TSLA - Long entry after earningsI think NASDAQ:TSLA will shock many in the coming months. People who are too focused on short term performance are overlooking the long term price potential, I think weak hands will be shaken out tomorrow on the somewhat-likely earnings miss. With that, I expect smart buyers might be able to get an excellent long entry in the $19X.XX price-range tomorrow following a bad print. I like NASDAQ:TSLL as well, and I think that that will be where I allocate a significant position to. In an exponential age, prices will go much higher than people realize. This thesis is invalidated with a significant break lower than $190. Plan accordingly!
NASDAQ:TSLA
by httpz
3
EURO - Price can bounce up from support zone to $1.0430 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few days ago price traded inside flat, where it made a gap and then fell to $1.0470 level, after which started to grow. Then Euro exited from flat and started to decline inside pennant, where it bounced from resistance line to $1.0470 level. Price some time traded near this level and then broke it, after which fell to $1.0350 level and then started to grow. In a short time, price rose to resistance line of pennant, after which bounced from it and fell to $1.0350 level. Now, Euro traded near this level and I think that it can fall to support zone and some time trades inside. After this, price can turn around and start to grow to $1.0430 resistance line of pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
$AKT - +26% Today, Last Chance?For those that have been holding and staking AKT through the bear, I think the time is soon coming for sewing the rewards! Here's one of my better posts about CSEMA:AKT , following the first FED Rate Cut: We anticipated that there may be a flip to 'risk on' following that event, and those that positioned there have been reaping massive rewards, in any alt, let alone just AKT. Going back further, I initially called out this bull pennant in September 2024: Today, we're up 26% alone, and I think it is interesting that COINBASE:HNTUSD is not pumping in a similar fashion. Why might that be? Any ideas? This might be the last chance to get cheap AKT, the decentralized AWS. NFADYOR YAKWTFIGO
KRAKEN:AKTUSDLong
by httpz
Euro can exit from pennant and continue to fall nextHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to grow and soon broke resistance level, which coincided with the seller zone and continued to grow in range. Later EUR reached the top part of the range and then made a correction movement to the resistance level, after which rebounded and quickly rose back. Then price started to decline and in a short time fell to the 1.0475 level and even made a fake breakout of this level, after which backed up to the range. But soon, the price turned around and dropped to the current resistance level, thereby exiting from the range and breaking the 1.0475 level. Next, the price made an impulse up inside the downward pennant, but later it made a small correction. After this, EUR rose to the resistance line of the pennant and then turned around and dropped to the support line, breaking the 1.0350 level, which coincided with the resistance zone. A not long time ago price bounced from the support line, therefore I think that the Euro can reach the resistance zone and then continue to decline, even exiting from the pennant pattern. That's why I set my TP at 1.0240 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
2
AAVE, Break out and bullish move eminent? Aave looks like it's building momentum that could break out of the bull flag/pennant. A break out of this formation could lead to $175 move in fairly short deration. The technical trade is the break out and a hold of the break out. If it were to fall back in the zone it is considered a fake out. Either way you cut it, AAVE is good price here for long term growth. Let me know what you think AAVE and this analysis down below. Kind regards WeAreSat0shi
BINANCE:AAVEUSDLong
by WeAreSat0shi
12
$ETHUSD Bullpost - Another indicator points to $6.05kHey folks! Adding to the bullish case for ETHUSD, we have spotted a clear Inverse Head and Shoulders (IHS) pattern on the weekly timeframe—a classic reversal signal with strong upside potential. 1MO Macro TA: Key Levels to Watch: Neckline Break: Price has already tested and is flirting with breakout confirmation. Targets: If this plays out, the measured move aligns with the 6.4k–8k target zone highlighted previously. Momentum is building across multiple timeframes. The long-term bullish structures (Cup & Handle, Bull Pennant) remain intact, and this new IHS setup strengthens the conviction for a breakout into price discovery. 2WK ETHBTC: Stay sharp, watch volume, and manage risk. NFA DYOR. VAMOS Credit to @sumairk for initially bringing this to my attention.
BITSTAMP:ETHUSDLong
by httpz
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.
Long
by DEXWireNews
LMWR/USD | 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 # LMWR/USD | Stock Quote - Double Formation * 012345 | Completed Survey | Subdivision 1 * (Neckline) | Configuration At 0.20700 USD - Triple Formation * ((Pennant Structure)) | Uptrend Bias | Subdivision 2 * Retracement Numbered | Share Out Condition | Subdivision 3 * Daily Time Frame | Trend Settings Perspective 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
CAPITALCOM:LMWRUSDLong
by TradePolitics
Bitcoin can exit from pennant and then start to grow to 103KHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price started to trades inside the pennant, where it rebounded from the support line and rose almost to the support level, which coincided with the buyer zone. In the pennant pattern, BTC started to grow inside the upward channel, where it broke the 92600 level and then rose to the channel's resistance line, after which made a correction. Next, the price continued to grow and later rose to the resistance level, which coincided with the seller zone and then made a correction movement to the buyer zone. After this, the price continued to move up inside the channel, where it soon reached the 103000 resistance level and broke it. Next, BTC reached the channel's resistance line, which coincided with the resistance line of the pennant, and made a strong impulse down to the support line of the pennant, exiting from the channel and breaking the resistance level. After this movement, the price turned around and started to grow near the support line of the pennant and now I think that BTC can exit from the pennant and fall to the support level. Then it will turn around and start to grow to a 103000 resistance level, which is my TP. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3