Bullflagpattern
Up, up and away!The coffee futures have broken today the bullish flag, and this derivate on coffee follows the coffee price accordingly. Maybe in the following days, a pullback is possible, reaching 3,71 or the vicinity of the broken trendline below.
According to the seasonality and inflation, I expect a general bullish trend in coffee until the end of the year. But buying this instrument and holding it until the end of the year could be difficult because of the volatility decay. Take care!
GUFIC BIOSCIENCES 1:3 🎯50% trade.NSE:GUFICBIO Broke out of rectangle consolidation pattern and now price gave retest + confirmation.
Bullish signs-
Big volumes on breakout and on the buy side.
Price entered virgin territory with this consolidation and breakout.
Recent support from 30 week MA.
Low volume red candles.
Pattern is of a bullish flag type.
Stock has already delivered multibagger returns of 2000%.
One can enter entre position at C.M.P with a big sl in view of a taking a positional bet for next 1-6 months.
Targets: 275/320/375/400+
Place wide sl below 200
Trail sl if trade goes our way.
Position size accordingly. HAPPY TRADING!
AUDNZD on a bull flag? 🦐AUDNZD on the 4h chart is trading below a weekly resistance.
The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CRO could hit a massive run any day nowWith the tightening of the bull flag pennant (or so what I see it as), I see CRO popping off anytime soon. With further bullish divergence on the 4 hour chart at our current low, I see this as further support for the idea. This rally could be brought by news or simple reversal. Targets are above 1$, however I would be cautious, as I see us having strong resistance at all time highs. I currently have a trade active at the moment with a target of 0.8$ This is not financial advise.
BNBBTC is creating a bullflagBNBBTC is creating a bullflag below the daily 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 structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ALGO/USDT- Direction: Bullish
- Pattern type: Continuation
- A bullflag can occur within the context of a longer uptrend and following a steep upward move. Following this steep move the pattern the forms a short horizontal OR downward sloping channel shaped like a flag.
In the stock market de flag portion of the pattern shouldnt last longer than 3-4 weeks on a 1D chart. But since cryptomarkets move much faster the pattern could still show strength and be valid.
- Important support
- Potential bullflag
- Need volume for breakout
- Volume diminishing troughout pattern
- DEC 24th good entry; 1. RSI crossed SMA on 21st/22nd of december
2. MACD crossing upwards with first green candle in histogram
3. Volume slightly increasing while bulls are winning
4. Bollinger band was crossed + 4 candles, then wait for confirmation from RSI, MACD, and Volume
- RSI is getting supprt from SMA14
- Still potential bullflag
- Nice retest for support $1.45 zone
- If the volume can keep increasing up until above average with, a close above the upper descending trendline drawn across the highs, this would be a confirmation of the breakout.
- To set the target you'd have to measure the price movement of the previous steep move that led to the flag and then add that amount to the current price at breakout.
EMA's: The last significant cross was EMA9 crossing all of the others (50, 100 and 200) downwards while the EMA50 gave a false signal, seemed to cross the EMA100 downwards but then immediatly turned around and crossing EMA100 upwards right after. EMA9 has also crossed als of the others upwards now. next step would be the EMA50 confirming the 100 cross upwards. After that we should see al the EMA's change direction into an uptrend and providing support for the trend continuation.
SUSHIUSD 1W - Huge BullFlag Target $26Hi everyone,
Thank you for considering reading my idea.
SUSHI bounced off the 0.786 level of the Green Fibonacci Retracement around $5. Right now, the price is at $9. That's almost 100% increase in just 2 weeks. The bull flag formed has a target of around $26. It's around 1.272 and 1.414 level of the Yellow Fibonacci Retracement. There is a potential 186% increase from the current price. NFA
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Potential BullFlag for Bitcoin [SHORTTERM]Is Bitcoin forming a BullFlag on the 4hrly? Maybe! If so this could bring the Price up, if a Breakout would happen Today, to approx. 51'7k - 52'1k
Analysis:
- Rising Volume within the "Pole"
- Declining Volume within the "Flag"
- MACD showing a Sing of a Reversal and could cross bullish in the next few hrs.
This certainly does not need to happen, but the Signs are good.
This Analysis is not intended to be investment advice. Always DYOR.
KCSUSDT is ready to explode! 🦐KCSUSDT is ready to explode!
The price had a breakout from the daily resistance and now the market is creating a bull flag below the 4h 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 structure -> 4h structure.
⚫️ Black structure -> <4h structure.
$MATIC AND ETHEREUM BULL FLAG OBSERVATIONI expect both polygon and ethereum to complete the flag pattern extension somewhere in the grey box. ethereum is already well inside the box, and it looks likely to move higher. polygon has been unusually strong during the pullbacks and I believe it is searching for valuation. It seems polygon has much more upside to come at this point.
Currently over 3000 protocols have migrated to the Polygon network!
view here: awesomepolygon.com
Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
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2. It is inherently more secure
3. It is more open and powerful
this information is not a recommendation to buy or sell. please conduct your own research before investing.
#SQ Bull Flag SetupSquare has been hit really hard lately but the good thing is the chart has painted for us a really nice Bullish Flag setup to add to our watchlists for a reversal or a breakout to jump in with shares or for my option traders like myself a good call setup, i'm looking at the FLOW on Unusual Whales closely to see when to jump in exactly Especially now that Jack Dorsey has stated this will be his main focus moving forward it paints good picture for the outlook of SQ.