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FLAG

ETH Triangle BreakoutGreetings, ETH is in a consolidation triangle and could make an impulsive move upwards for a third touch of the trend line or a breakout of the triangle. The current bearish flag (on the 1hr timeframe) appears to be too textbook for an actual downside move. Timing would suggest the move starting between 6pm-9pm EST as this is when crypto typically has its weekend push. This analysis is for educational purposes only. It is absolutely speculative and not financial advice.
COINBASE:ETHUSDLong
by csohrab
BTC in bullish flag - but 20k USD impulse move next?BTC is in a parallel channel, bullish in a flag pattern. Based on this, the next impulsive move would be a approximately 20k (roughly height of the flagpole) one taking it to, depending on the point of breakout, approx 80k. But does anyone really believe or expect this in this current economic climate (Europe in recession, US tech job losses?) 20k, really? The answer mainly would lie in economic fundamentals, i.e. interest rates. If the Fed starts decreasing rates, which people are broadly expecting sometime this year, then the chances of the 20k impulse breakout are higher and the pattern will hold. The next question then is how much would the rates have to fall to get such a large impulsive move and not just a fakeout? This is largely impossible to forecast. Looking at the past, a near 40k move needed approx a 5% rate rise (in itself something that goes against the conventional wisdom of a climate if low rates are needed for crypto impulsive moves). Thus, it would be fair to say the fed would need around a min of 1.5% cut over the rest of the year to arrive a 20k rise in BTC Keeping the rate the same will just most likely cause patern continuation until the prices have reached so low (around 50k) such that the flapole is no longer valid. The way to trade this is two fold: Swing trade upon your expectations of a rate cut. If you think one is imminent within the next 6 weeks, then now is a good enough time as any to ride the rollercoaster. Margin trade (extremely risky): upon breakout of the pattern, with a 3 day filter for a fakeout, and on the back of a rate cut, enter a trade with a 3k stop loss and a 9k take profit. The questions then that any trader/investor has to ask themselves is: do I think the fed will cut rates? If so, when? And how many times? And do I think all those cuts will be enough for new impulsive move of about 20k based on the current flagpole. Personally, as multiple cuts will be needed, to hit 20k, and I'm not in the business of predicting whats in Powell's mind, I think waiting until there is a cut for a swing trade offers the best option.
Long
by slip_stream
1
I Cannot SHORT This !!!Hi. ➡️ the odds of another bullish Movement is Pretty high because the pattern which SHIB is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 REEGULAR BULLISH Divergence 🟢 No break out yet! 🟢 FALLING WEDGE ✨Targets are: 🎯$0.00002969 🎯$0.00003280 🎯$0.00003660 🎯$0.00003930 ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
ETHUSD bullish movement is about to happen!!! Hi. COINBASE:ETHUSD Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag 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 (flag pole) to happen! ✅ Due to the Ascending structure of the chart... 🟢 ETH has been Bullish Recently! 🟢ETH is in a Bullish Flag 🟢(AB=CD) 🟢Price is gonna Reach $4100 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
3
FET - Flag pattern - Waiting on Breakout - Daily ChartBINANCE:FETUSDT (1D CHART) Technical Analysis Update FET is currently trading at $2.6813 and showing overall bullish sentiment FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade Entry level: $ 3.01 Stop Loss Level: $ 2.04 TakeProfit 1: $ 3.73 TakeProfit 2: $ 4.4 TakeProfit 3: $ 5.7 TakeProfit 4: $ 6.8 TakeProfit 5: $ 8.6 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
2
🐺 keep your eyes on GALA 🐺🚀Hello my friend ! 🐺 Today I want to talk about of one the most popular gaming token in the last bull market and even in the current situation . As you can see in the chart above , GALA currently is in the uptrend and also we have a clear flag pattern in the chart which is a continuation pattern ; also price currently holding above the weekly support line ( purple horizontal line ) . In my opinion if price break above the flag , we could expect another 100% pump to the next resistance level , which is around 0.12$ mark . Have nice trades.... 🐺
Long
by Kiu_Coin
BTC/USDT flag breakout.BTC is creating flag patterns, which usually are bullish. I have a super early entry for a long that seems to be playing out. I think we will break out of this flag, which means, in my opinion, breaking resistance, with a small dance around. It comes down to retest previous resistance and then climbing to touch our 80k zone. Of course, it would be good to take the 1st profit zone at least 50-60% of our profit, because of the upcoming halving, which can cause a dump. How much? I don't know. Will it happen? I don't know, maybe even not, and a pump will be instead, and rest for TP2. I remember almost the same flag on the 4H chart 2 months ago when BTC price jumped from 42k to 52k exactly in 7 days after breaking out of that flag. It was almost the same scenario. In this case, I don't want to miss this opportunity. Let's see what this April will bring to us.
BITSTAMP:BTCUSDLong
by JurciksLV
1
Sell GBPUSD Bearish FlagThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 1.2618, positioned near the resistance line of the flag. This offers an entry point close to the perceived continuation of the downtrend. Target Levels: Initial bearish targets lie at the following levels: 1.2556: This represents the height of the flag, measured from the top trendline to the bottom trendline, projected downwards from the breakout point. 1.2524: This is a further extension of the downside target, based on the height of the previous price movement before the flag formation. Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the flag, ideally around 1.2665. This helps limit potential losses if the price breaks above the flag pattern. Thank you.
Short
by KABHI_TA_TRADING
1
Sell NZDJPY Bearish FlagThe NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the resistance line of the flag. This offers an entry point close to the perceived continuation of the downtrend. Target Levels: Initial bearish targets lie at the following levels: 90.30: This represents the height of the flag, measured from the top trendline to the bottom trendline, projected downwards from the breakout point. 89.92: This is a further extension of the downside target, based on the height of the flagpole (the initial downtrend before the flag formation). Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the flag, ideally around 91.30. This helps limit potential losses if the price breaks above the flag pattern. Thank you.
Short
by KABHI_TA_TRADING
2