The market created a triple top on the monthly support ton 17$. As I said in my previous analysis, () After the breakout of 19$ resistance the price got liquidity and created aa big bullish impulse On the 4h timeframe the price is creating a pennant below the monthly resistance on 26.5. How to approach? The price could have a false breakout and retest the 23.6$...
The price had a breakout from the daily descending channel after a retest of the Monthly support on 14$. On the 4h timeframe, the price is creating a pennant and now it's trying to have a breakout from it. The price got a first rejection from the 4h resistance on 19$ How to approach? We are monitoring the price and we are waiting for our rules. the market could...
the market created an inverse head and shoulders on 4h timeframe and had a breakout from its neckline. Now the market is creating a pennant on the daily resistance around 1.5$ . How to approach? IF the price is going to have a breakout from the pennant and from the daily resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. ...
The price is creating a Pennant on the 0.382 Fibonacci level after a breakout from the daily resistance. The price is testing the 4h resistance too. How to approach? IF the price is going to have a breakout from the 4h resistances and daily dynamic resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure...
ENJBTC is testing the daily resistance inside a pennant. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure...
Looking like a possible bearish pennant pattern on the 15 min chart.
CHRUSDT is creating a pennant below the weekly resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow...
DOGEUSDT is creating a pennant below the weekly resistance 🦐, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure...
AXSUSDT is creating a daily pennant after the price bounced on the 0.382 Fibonacci level. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
The Chia Network - XCH is a new coin and protocol, while it has potential in the future the slow rollout of pooling protocol and lack of actual usage is spurring interest. XCH is currently in a period of consolidation before continuing downward trend. We see distribution during the pennant even though the price remains rangebound reflecting the general trend,...
BTCUSDT is creating an important triangle between the weekly structures. The structure is like a bearish pennant, but IF the price will have a breakout from weekly resistance, we can see a retest on 44k, otherwise, if the price will lose the weekly support, we can see a retest on the next weekly support, around 20k. The best way is to wait for the next move. ...
Looks like there’s a high probability (70/30) that the next move BTC make will take it down to ~$43k... Keep your powder dry this correction isn’t over..
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GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020. The RSI looks like it's trading in a Descending Channel. The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading. Noticeably the price has broken flush to the downside of a...
First stop on the pain train unless we recover back into the pennant in the next couple of hours. Good Luck And Safe Trading.
MACD (12, 26), Momentum (10), RSI , and Moving Averages indicate a nice go at it! Strong-buy.
Good Day Everyone a look at the EURJPY pair that has been trading in a ascending channel we saw a fake out of this structure but the structure held as we saw a break above 38.2% Fibonacci level so the bulls kept control of the market. the pair has just been trading in a bullish pennant which so a breakout and a retest of the structure signalling continuation to...
Hello Everyone, Here we have very well pennant pattern sample on #USDCHF. If price breaks to the upside of pattern, we can look forward for long position, If breaks reversely then short position is also possible with nice rewards. On Daily Chart , trend is up, so mostly we will see the pennant broken out through upside, according to the normal behavior. After...