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Pennant

BITCOIN - Price can break support level and continue to fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price broke $27900 level and fell to support area, but soon it made strong upward impulse. Also, BTC entered to pennant, where price broke $28900 level and reached resistance line. Then price made correction and after bouncing up, exited from pennant, and started to decline. Price declined below $27900 level and entered to rising channel, but when BTC rose higher of $28900 level, it bounced down. And price continued to decline, thereby breaking $27900 level, and firstly fell to support area. Later Bitcoin fell lower of this area and next support level, but at once bounced up. Now price trades near support level and maybe BTC can break this level, and continue to fall to $26070 If this post is useful to you, you can support me with like/boost and advice in comments❤️
COINBASE:BTCUSDShort
by WalterMoon
25
PLATINUM BREAKOUTS X 3 Platinum Futures At present Precious Metals all seem to have the wind at their back on longer timeframes. - A H&S pattern with a potential breakout within a - Cup&handle with a potential breakout within a - A long term pennant with a potential breakout. RSI Indications - You can see how the green/red circles and resistance lines provided great entries and exits. - We are approaching the upped resistance line and I would expect some resistance here which aligns with the resistance of the Cup and Handle (which aligns with historic price resistance) - Use the RSI resistance lines to help manage risk. In summary I am long term bullish however if we breach the bottom of the long term pennant... we exit the trade. RR is great here if you set a stop under the pennant resistance, this being for a long term 36 - 60 motnh trade. There are also lots of short term opportunities in this chart from the three patterns identified. These you can see and manage within your own timelines using the chart lines as reference points for buy and sells. Thanks PUKA
NYMEX:PL1!Long
by PukaCharts
BNBUSDT - Price can break resistance level and continue to riseHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price bounced up from support area, it broke $315.5 level and entered to pennant. In pennant, BNB reached next level, exited from pennant, and bounced higher of this level to $350.5 Then price at once fell below this support level and declined to $315.5 level, which coincide with support line. Next Binance Coin started to grow close to support line and reached $335.5 level. And later price fell below and a not long time ago tried to rise to this level again. But BNB failed and fell, as well recently it entered to flat and after flat continues to decline. Now price trades below $335.5 level, and I think Binance Coin can break this level, make retest and bounce up to $324.5 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
11
BNBUSDT - Price can exit from pennant and fall to $316.5 levelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price broke $327.5 level, it continues to rise close support line and soon broke $339.5 level. Reaching $350.0 point, Binance Coin started to decline and fell lower to $339.5 and $327.5 levels. Also, price broke support line and declined to $315.0 point, which at once bounced up. BNB broke $327.5 level again and later entered to flat, after which price bounced up to $339.5 resistance level. And recently price fell to support line, but at once backed up to resistance line, and as well entered to pennant. At the moment price continues trade in pennant close resistance line. As well BNB can bounce down of this line, leave pennant and fall to $316.5 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
5
ID's Next target is 0.95$!Hi every one ID has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ID is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! The Next target is around 0.95$! 🟡Summery: -ID has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! -Next Target at 0.95$ 🤑Stay awesome my friend Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
6
OCEAN BULLISH Pennant with FIB TargetsBINANCE:OCEANUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. A Bullish pennant is spotted on the OCEANUSDT chart. The targets or take profit points from this pattern can be determined by using a Fibonacci retracement from the pennant. NOTE that this may take some time to play out; be sure to manage your risk and pre-set those orders ! _______________________ 📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎 We thank you for your support ! CryptoCheck
OLong
by CryptoCheck-
27
USDCHF - Price can bounce up from support level to $0.8995 levelHi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 A few days ago price started to decline from $0.9440 point to support line, thereby breaking $0.9295 level. Also, Swiss Franc entered to pennant and bounce higher of resistance area, but at once started to fall. Then price exited from pennant and entered to falling channel, where it broke $0.9095 level. After channel Swiss Franc fell to $0.8860 level and started trading inside flat. At the moment price continues trade inside range. And maybe Swiss Franc can make correction to support level and bounce up to $0.8995 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
BNBUSDT - Price can break support level and continue to fallHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few times ago prices bounced from support line inside support area to $334.0 resistance level and at once made correction. Next, Binance Coin bounced up to resistance area and even rise higher of it, but at once backed up to support area. Also, price broke $334.0 level again and later try to grow from area to this level, but failed. Then price made correction to support area and a few times later entered to flat. After flat Binance Coin sometimes traded in pennant and now price trades close to $320.5 level. I think price can continue to fall and try to break this level. As well BNB after break, can make retest and bounce down lower to $314.0 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
4
BITCOIN - Price can leave pennant and then fell to support levelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Firstly, price traded inside from wedge, where it broke $27240 and $28410 levels. Also, BTC made strong upward impulse to higher of resistance area with HKEX:29650 level, thereby breaking it. Next, price made correction below this level and tried to rise again, but failed and entered to falling channel. After channel, Bitcoin fell to $27240 level and later backed up to resistance area, but at once fell to $28410 level. As well price started trading inside from pennant and at the moment BTC trades close to support line. Possibly price can make a little movement up to resistance line and then bounce down to $28410 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
COINBASE:BTCUSDShort
by WalterMoon
15
RIPPLE - Price can bounce down, thereby breaking support levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Price sometimes trades close to $0.5250 resistance level inside from wedge. But recently Ripple exited of wedge and bounced down to $0.4420 level. Also, Ripple broke $0.4785 level and entered to flat. After flat price started trades inside from pennant, where Ripple rise higher to $0.4785 level, thereby breaking it. Now price trades close to this level and maybe Ripple can break support level and bounce down again. As well, price can leave pennant, make retest or not, and fall to $0.4550 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
11
RIPPLE - Price can make retest of support level and bounce upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few days ago price bounced up from support area to $0.5850 point, thereby $0.4715 level. Also, Ripple broke $0.5320 level, but soon declined below and entered to rising channel. In channel, price reached $0.5320 level again and even rise higher of it, but at once bounced down. Then price left channel, fell first to support level, and later declined to support area, thereby breaking $0.4715 level. As well Ripple started trades inside pennant, but soon price exited from it and started trades close to resistance level. And recently price broke this level and at the moment trades close. In my mind, Ripple can make retest and then bounce up to $0.5110 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
7
$MASK/USDT 2h (#Bybit) Bull pennant breakout and retestMask Network is pulling back to 100EMA support where it seems likely to bounce and resume bullish after. ⚡️⚡️ #MASK/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.7% Current Price: 6.351 Entry Targets: 1) 6.200 Take-Profit Targets: 1) 7.491 2) 8.635 3) 9.780 Stop Targets: 1) 4.698 Published By: @Zblaba $MASK #MASKUSDT #MaskNetwork #Web3 #NFT Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +51.0% | +89.3% | +127.6%% Possible Loss= -42.6% Estimated Gaintime= 5-10 days mask.io
Long
by TradingOn
2
CXT: Bullish pennant (23%)CXT has bottomed in summer of 2022 and been climbing steadily ever since. Currently building into a bullish pennant pattern. Pros: 1- Post forming with volume 2- Descending volume during pennant forming 3- Volume at break out 4- PPS above 50MA and 200MA 5- RS above 0 and climbing 6- R/R ratio above 5 7- 250RSI above 50 and climbing 8- 50MA above 200MA 9- Both 50MA and 200MA ascending 10- Golden cross circled in blue Cons: 1- ATR a bit flat Target price is 57,56$ Again, stay humble, have fun, make money! MAAX!
NYSE:CXTLong
by LeLaf
ASRT: Bullish Pennant (76%), Not confirmedWell, the more I look, the more I see them. Bullish pennants and flags are showing their faces again, and they may be profitable if they confirm. In this case, ASTR has bottomed in 2021 and been climbing steadily ever since. Currently building into a bullish pennant pattern. Why so bullish? Pros: 1- Bullish Pennant forming 2- Post forming with volume 3- Descending volume during pennant forming 4- PPS above 50MA and 200MA 5- RS above 0, but a bit flat 6- R/R ratio above 5 7- 250RSI below 50 8- 50MA above 200MA 9- Both 50MA and 200MA ascending Cons: 1- ATR a bit flat 2- Pattern not confirmed yet. Target price is 10.68$ if this all goes to plan. Again, stay humble, have fun, make money! MAAX!
NASDAQ:ASRTLong
by LeLaf
2