Pennant

Bitcoin Bullish Continuation to 50k CRYPTOCAP:BTC price has been consolidating at highs as we await the imminent ETF approval announcement. At this point a bullish pennant pattern has formed and the daily bollinger bands have tightened, signalling that we will soon see volatility that triggers a breakout. In terms of targets, the fib extension of the chart pattern says 47.3k to 49k. I am keeping in mind however that Bitcoin has never exceeded the 61.8% retracement of the previous drawdown pre-halving. Although the ETF approval a

MyPOV @ GNFC MyPOV @ GNFC Check out my #GNFC analysis on @TradingView : For educational purposes only. Not financial advice. Consult a professional before making financial decisions. #Disclaimer #NiVYAMi

Euro can rebound up from support line of channel to 1.0985 Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support line of the pennant and made a strong upward impulse to the resistance level, which coincided with the seller zone, thereby breaking the 1.0930 level. After this, the price made little correction and then continued to move up to the resistance line of the pennant, breaking the 1.1040 level too. But when the Euro reached this line, it turned around and made a stron

Is the DXY in a long term downtrend? DXY Downtrend The 6 month candle chart suggests we could be in for at least two red quarters which would suggesting positive markets..... which seems contradictory to the current sentiment BUT not the current charts (S&P, NASDAQ,etc). The weekly chart currently shows the critical resistance at $1.00 and we appear to be heading straight for it. I genuinely think that given the 10 month SMA turning to the downside will act as resistance and the three tests of the underside support may punctur

Bulls for Wipro?!Like anything in the market timing is everything. Being a sniper with execution is essential and knowing when to enter a trade is important. Here are my thoughts on this trade idea... Fundamnetals: Highest Daily gainer on Friday with trading volume around 15.245M and usually its at 1.779M That's a lot of momentum and the next quarter point is the next logical resistance it will meet which is $745.00 Chart Pattern: Bullish Pennant pattern Indicator: Hidden Bullish Divergence

by OnenessTrader

Euro can make downward impulse to 1.0875 level from pennant Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level, which coincided with the buyer zone, and in a short time rose to the resistance level. Then the price started to decline in a downward channel, where the EUR declined to 1.0725 points, thereby breaking the 1.0875 level. After this, the price rebounded from the support line and in a short time rose back to the 1.0875 level, exiting from the channel. Later pr

AUDUSD Possible Pennant Break Hi Traders! There is a potential bearish pennant break on the AUDUSD. Here are the details: Price is currently on the 20 EMA, and with market swings with lower highs and lower lows, the price action suggests that this is a bearish setup. We are looking for the market to target the trendline support with a possibility of a break below to target levels near the monthly low at 0.66406. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance: 0.62748 Support: 0.66406 Please make su

XRP Long Term Bullish Outlook CRYPTO:XRPUSD long term is very bullish. I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure. Also outside of technical analysis, xrp or ripple is very good fundamentally and narratively. The narrative of CBDC will be major i

by UnknownUnicorn25768508

MSFT Great Relative Strength MSFT looking really good here. Nice relative strength on another down market day. Inside day candle and price coiling nicely. This should be a leader if the market turns around.

DEXT-USD 1H Quick Idea I didn't give this much thought, but here's what I got at first glance. Breakout on increasing + above average volume (see arrows). bull flag, if confirmed, can run to 0.90. Always use stop-losses.

AVAX may bounce back AVAX has returned to its previous trend and could start a new move from here. The positive atmosphere that may occur with the ETF news may start a new rally. Can be entered with spot or low leverage.

by Not_the_richest_man_in_Babylon

DOHOME| ABC bullish pattern - Breakout Position Entry After a long mega bull flag formation breakout and retesting its support Now a potential ABC wave bullish pennant in progress Entry: Pennant breakout confirmation SL: Below pennant T1: 100% ext. Fibonacci - 15+ baht T2: 161.8% - 18+ baht Indicator: RSI week bullish divergence breakout Always trade with affordable risk, respect your stop

Solana bullish continuation pattern similar to BTC 2019.There's been a lot of hype on the Bitcoin ETF. I do think the FED is going to lower rates pretty soon (first quarter of 2024). IMO, a lot of the hype has already been priced into the ETF (IF it happens), however, the thing that's going to move markets to the downside temporarily -- is something negative. The reason the FED is going to lower rates, is because the economy is in freefall. I'm expecting higher unemployment. Traders need to know a very important fact, it's not the collapse, it's the

$AQB AquaBounty Technologies Inc NASDAQ:AQB AquaBounty Technologies Inc entry PT 2.20-ish Target PTs 6 --> 8.20 --> 12.70 - 23 and higher AquaBounty Technologies, Inc., a biotechnology company, focuses on enhancing productivity in the commercial aquaculture industry in the United States and Canada. It engages in genetic, genomic, and fish health and nutrition research activities. The company also operates salmon farms using proprietary technology. It offers AquAdvantage Salmon, a bioengineered Atlantic salmon for human consum

by BADQOMOCAWGOWLD

DISNEY: Pennant Pattern I spotted a pennant pattern on daily time frame. Possible scenarios drawn with arrows.

OZK This is a very recent project, so please be careful. That said, I'm positioned on it very quickly at its listing on CMC (I bought between 0.02 and 0.03) because I think it has great potential to make several multiples to the upside in the coming months and bullrun. The website : ordizk.io

SNAP Bullish Pennant SNAP tightening in a bullish pennant after doubling off the bottom. Target $20.95 gap fill.

Euro can fall to support line of pennant, and try to exit of it Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago started to trades in a range, where it firstly rebounded from the support level, which coincided with the buyer zone, and in a short time, it reached the top part of the range. After this, EUR made a correction to the 1.0520 support level, exited from the range, and started to rise in an upward channel, where the price soon rose to the resistance line from the support line

After exiting from pennant, BNB can continue grow to 240 level Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago declined to the buyer zone, breaking the support level, and even later declined to lower this zone, but soon it rebounded back, making a fake breakout of the 245 level. Also, BNB started to trades in a range, where it later rose to the top part, but then rolled a little down. After this, the price made an upward impulse to the current support level, thereby exiting fro

BONK 10X For Pennant Pattern Not Financial Advice! It seems like time to long.

ADA may perform upward movement If it gives a buying opportunity, I will buy at $0.6. With a tight stop-loss, it could be a profitable opportunity in the short term.

by Not_the_richest_man_in_Babylon

Bullish Pennant Flag on EURUSD 1 Hour Timeframe As you can see, price has breakout from the flag and it provides an opportunity for Buying Setup.

ORDI Over?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! #ORDI update. Took profit on my $8 entry near the 5 of 3 projections. Entered more on 52.61. TP on that here as well. #Elliottwave and TDU giving some corrective vibes here, circled. 65.491 breaks, looking for min a ZZ. 75.349 kills ideal. 🥂

BTC Decision Time Bitcoin is currently compressed between the upper Point of Control (red line) and the 21 Daily Moving Average Its CRYPTOCAP:BTC decision time folks.... POC Definition: The PoC represents the price level at which most trading activity has occurred, indicating the highest liquidity and traded volume. It is often depicted as a horizontal line on a volume profile and can be used to identify the overall market trend and potential reversals.