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Bullflagpattern

SOLUSD Neutral Outlook CRYPTOCAP:SOL is at a unique point in its recent breakout. As you can see with the blue lines we broke out of a bull flag recently. This move has since shown higher lows and higher highs being put in. The yellow line is the current uptrend and unless it is invalidated this may be a good entry for the bulls. Otherwise the bears can look for their opportunity when the yellow trend line is broken and we push lower. As always manage your risk and ask questions!!
COINBASE:SOLUSD
by Mustangsvt281
Altmarket Total2 weekly log chart about to have a golden crossShown here is the channel/bullflag and the cup and handle the weekly total2 log chart’s price action has ben forming. It is now forming the handle portion of the cup and handle ad we can see we are about to experience a golden cross of the weekly 50(orange) and 200(blue) MAs in the next couple weeks or so. If the weekly 50ma can hold support then odds are good this thing can break up from its cup and handle and flag maybe by august or september. Possibly sooner possibly later but for now the breakout point of this handle and flag must remain speculative until we see a validation of a breakout. I roughly estimated a width for the handle by factoring in the weekly 50ma being able to hold support. If the weekly 50ma lost support I would then look for the monthly 50ma(not shown here ) to be the ultimate support. Some exciting targets here for the total2 alt coin market once these patterns validate their breakout. The cup and handle certainly seems like an attainable breakout target for the current bull cycle. The entire flag target seems like it could maybe potentially take 2 bull racket cycles to reach, however, If the 17 trillion target on the regular total cryptocap chart can be reached this current bull market. It’s possible that the high target on this chart could be reached this cycle too…this would likely only be if a currency like XRP, solana,link or possibly a mixture of them all suddenly took a lions share of the total market cap away from bitcoin..which seems unlikely…but if for some reason xrp was given for regulatory clarity once the sec ripple case was resolved, there is a chance all the financial institutions could start piling into it with as much ferocity as they currently have been doing with bitcoin….if so, the upper breakout target on this total2 chart could then be completely attainable in the current bull run. For now though I’m only setting my sights on the c&h target for total2. Will update the c&h target more precisely once a breakout point is established. *not financial advice*
CRYPTOCAP:TOTAL2
by DrDovetail
Stellar XLM The biggest Moon 14.00 +XLM BULL PENANT/FLAG This is just and idea. Why so stagnant? For years after years in regards to new ATH?! Because the pole upwards is coming! XLM has been working and building in the background. Lately with the new Soroban contracts phasing out. XLM is becoming a Real World Assets commodity. The project and foundation has kept an ear to the damn US government in regards to compliance and regulation. In price action terms XLM is considered dead because it’s brewing up ready to blow off. Don’t be deterred nor discouraged. I believe we are in a super cycle. If the pole breaks upwards and you held, though you may have traded the last bull run. You have to hold XLM’s bottoms on the pennant/flag. The highest hopium is the highest risk. If it pays off, you’re rich.
COINBASE:XLMUSDLong
by Samabby
1
PLUG - flagging at rest for continuation LONGPLUG on the 120 minute chart is resting on its trend up. Earnings are about 4 weeks ahead. The uptrend has been solid. Two bull flag patterns are noted along the way. They follow pops on the Relative Trend Index indicator also showing bullish buying volatility on the Relative Volatility indicator. I see the rest ( consolidation) as a good point to add into my ongoing long position for PLUG which recently got an upgrade and higher target by more than one analyst. For a basic and simple trade, take the 3rd upper VWAP band at 6.35 as the target the mean VWAP at 4 as the stop loss for a basic3:! R:r trade. For something better zoom into a 15-30 minute time frame reset the anchored VWAP and fine tune.
NASDAQ:PLUGLong
by AwesomeAvani
1
Doge Pay Day Possible Flag Forming on 15m towards top trendlineThe Flag is kind of sloppy but it can be blamed on BTC and market movements just an idea here because if you measure how much the flag gives you it brings us exactly to the upper trendline for another possible 3rd touch and possible breakout again or of course rejection You can see my other Doge Chart below where I called the breakout perfectly reaching 100% of the target originating from invesrse H&S I do stress caution and to take profits along the way as doge has been swinging around on dips from bitcoin
Long
by dogdaddevan
TQQQ - Leveraged QQQ rising after reversal LONGOn the highly reliable weekly chart, price was under the Ichimoku cloud since April 2022 putting in a couple of bear flags on the way down while first getting support two standard deviations below the mean anchored VWAP and then one standard deviation showing increasing strength finally crossing above the mean VWAP in May then with a retest and bounce in late October while forming a bull flag. The breakout in the past month suggests another leg up is underway with a potential of the same magnitude as the flagpole in the current pattern. If accurate this could lead to a price of $68 by next July or 70% higher than the present over 7 months. I will take a trade of 10 call options with a strike of $ 65.00 for a July expiration. Each time the stock price rises by $5.00 I will close one of the options yielding a tiered liquidation along the way to collect profit.
NASDAQ:TQQQLong
by AwesomeAvani
2
PENDLE/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this PENDLE/USDT Trade setup. PENDLE forming bull flag like structure in 1hr time frame and currently, bouncing from the lower trendline of the bull flag. Might see a 25-30% move to the upside from here. Long here with tight SL. Entry:- Long at CMP and add more up to $1.04 Target:- 30% SL:- $1.01 Lev:- 10x If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
Bullish Flag Pattern Confirmed for BTC with $39k Target Bitcoin (BTC) has just achieved a bullish flag pattern, setting the stage for a potentially explosive price surge! 🚀 For those of you who are not familiar with this pattern, let me break it down for you. A bullish flag occurs when an asset experiences a strong upward move, followed by a brief period of consolidation in the form of a flag shape. This consolidation phase is often seen as a bullish continuation pattern, indicating that the previous uptrend is likely to resume with even more vigor. Now, why is this so significant for BTC? Well, this bullish flag formation suggests that Bitcoin's recent uptrend is intact and poised for a powerful rally. It's like a coiled spring, ready to unleash its potential. This could be a game-changer for all of us! So, what's the next step? It's time to take action and capitalize on this golden opportunity. I encourage you to consider going long on BTC, as the bullish flag pattern indicates a potential surge in price. This could be the perfect moment to ride the wave and potentially reap substantial profits. Here's a quick call-to-action for you: 1. Conduct thorough research: Dive deep into the market analysis, keeping a close eye on BTC's recent performance, key support and resistance levels, and any relevant news or events that could impact its price. 2. Set up a solid trading plan: Define your entry and exit points, determine your risk tolerance, and establish a clear strategy to maximize your gains while minimizing potential losses. 3. Utilize advanced trading tools: Leverage the power of sophisticated trading platforms and indicators to identify favorable entry points, manage your positions effectively, and stay ahead of the game. 4. Stay updated: Continuously monitor BTC's price action and market sentiment to adapt your strategy accordingly. Remember, flexibility is key in the ever-changing world of trading. 5. Take calculated risks: While the bullish flag pattern is exciting, it's important to remember that trading involves risk. Make informed decisions and never invest more than you can afford to lose. Remember, this is not financial advice, but rather an exciting opportunity that has presented itself. It's up to you to seize the moment and make the most of it! So, what are you waiting for? Get ready to catch the BTC bull by its horns and embark on an exhilarating trading journey. Let's ride this wave together and make the most of this potential rally!
BITSTAMP:BTCUSDLong
by bryandowningqln
3
Triangle Accumulations: The Key to Bitcoin's BullRun?📈 Hey Crypto Enthusiasts, As we explore the fascinating history of the crypto market, we can't help but notice the recurring patterns that have paved the way for significant bull runs. In 2012, 2013, 2016, and 2019, we observed massive triangle accumulations just before explosive price surges. The question on everyone's mind is whether we'll see a similar pattern before the next bull run. 📊🚀 A History of Accumulation: In the years mentioned, the crypto market exhibited intriguing behavior. Price action formed substantial triangle accumulation patterns. These consolidations often hinted at a market preparing for a major upward move. 📈🌕 Patterns of the Past: The symmetry and persistence of these triangular formations, each preceding a significant bull run, have caught the attention of seasoned traders and crypto enthusiasts. 🧐 Will History Repeat Itself? While history doesn't always replicate, these patterns serve as compelling indicators for what might lie ahead. The crypto market remains unpredictable, but past patterns can offer valuable insights. 🌐🔍 Trading Strategy: Pattern Recognition: Keep an eye out for similar accumulation patterns in the crypto market. While not foolproof, they can provide hints about future price movements. Fundamental Analysis: Stay informed about developments, adoption, and news in the crypto space, as these can influence market sentiment. Patience and Caution: Be patient and cautious with your trading decisions. Utilize risk management techniques like stop-loss orders to protect your investments. Conclusion: The crypto market is an ever-evolving landscape, and historical patterns can serve as guides but not guarantees. While the past indicates the potential for triangle accumulations before significant bull runs, it's essential to approach the market with a balanced perspective and a well-informed strategy. The next bull run may or may not follow the same script, but being prepared and vigilant is your best strategy in the world of cryptocurrencies. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
by AlexWhale
USD/CAD HTF Bullish Confluence? Multiple Breakout OpportunitiesBullish Outlook In this post (Bearish Outlook and former post update below), I highlight the potential bullish confluence we’re seeing on multiple higher time frames. This HTF reversal could begin with the former strong support level that we broke through but could act as support again – this would create an extremely convincing Inverse H&S as our left shoulder has tons of liquidity already built up. Current Buy Trades: On the Mid Time frame (2hr) - If we do break out on the 2HR with a healthy retest and bullish CHoCH, we will reconsider for a potential IHS signal upward toward the mitigated HTF supply zone and attempt to create a Major CHoCH to the upside. On the higher Time Frame: we should keep an eye on the weekly and daily charts for pattern confluence and strong level breakouts. This potential confluence of the bullish flag and Inverse H&S on the weekly is showing strong signs as the selloff has been controlled within this channel and if we do see a breakout of channel and neckline, we could make our HTF move up. Confluence: If we do see some bullish structure start to form, we might see confluence on multiple time frames which would be a very bullish HTF signal: 1. 2HR – Bullish breakout of ascending triangle and CHoCH a. Subsequent BOS and LTF trade signal to upside. 2. Daily – Inverse H&S neckline retest and breakout a. Resistance to turn support 3. Weekly – Breakout of bullish flag upper channel and neckline of IH&S. LAST POST Summary and Update: (Bearish Outlook) As I mentioned in my previous post, on the higher time frame weekly chart we mitigated our demand zone and hit expected resistance at the top of our bearish channel and failed to make a higher high. We then smashed through a strong support level and created a major CHoCH. We just recently mitigated that higher time frame supply zone but failed to make a high so we are currently on the bearish path toward a new lower low. Our projected trade from last post (linked below) is still in play and awaiting its Choch signal. As we can see we have twice mitigated our LTF supply zone as I mentioned would occur in my previous post (linked below), and are awaiting an entrance signal via 2HR (MTF) CHoCH and subsequent 15min supply zone mitigation. Current 2HR Sell trade: We are now creating an ascending triangle and although typically a bullish signal, due to the HTF outlook, I’m looking for a potential liquidity grab from the upper resistance level and a fake out. If we do grab liquidity and see a strong move I’m looking to short this on the rejection of the triangle breakout.
Long
by ReigningTrades