ARB forming a bullish pattern.ARB forming a bullish pattern here.
●ARB forming a Bullish Pennant pattern.
●Successful breakout of the pennant and retest would take ARB up for $3 easily.
●Also the bounce from the Daily FVG is a plus point here.
Pennant
LINK - Perfect Elliot's Wave Flag Bouncing On Support w/OBVBIST:LINK
Chainlink printing another beautiful flag after breaking through resistance onto now support.
The best part is while this is taking place the x-ray goggles of OBV showing us the growing bullish strength via higher highs and higher lows with bullish divergence behind the scenes.
Slowly, and then all at once 🌊👀
Hercules Silver Corp - BIG.vDecision time for BIG. I'm long, so I'm bias.
We've been drifting lower for a couple of weeks now on lower volume absence of any news. We'll know in the coming days where we stand. GLTA!
The 1 month Linear Chart’s wedge target is nearing I just recently posted about the logarithmic wedge which is also a bullish pennant and how it will take us much higher, but also wanted to post a chart with an update of the other wedge we also broke up from back at the beginning of 2023 (shown here in pink). It has now been a little over a year since the breakout of this monthly time frame pattern and like clockwork the price is doing exactly what I had anticipated it eventually would all the way back then. We can see price is now nearing the wedge target of 2.493 trillion for the total crypto market cap. This is the next zone to watch where we could potentially experience some sort of correction after reaching. I went ahead and also included the flagpole of a pennant that is better visualized on the weekly chart and it is telling us that eventually we should also reach its target of 3.436trillion as well. Odds are very good we will see consolidation in between the 2 targets. Being a 1month pattern, that is why it took so many multiple months to get close to reaching this first target, and it can also take several more months before reaching the next higher target is well even though they both broke out at the same time. Looking forward to pressing play on this chart a few months from now and eyeing the price action inch closer to the top target. *not financial advice*
Bullish Signal for Uniswap? Decoding the 4-Hour ChartThe UNI/USD 4-hour chart shows an interesting development with a potential resemblance to a bullish pennant pattern. Based on technical analysis, if this pattern is confirmed, it could theoretically indicate a move beyond $16. However, remember that the crypto market is volatile and reaching this target is not guaranteed.
ETH/BTC flaunting a potential bottomETH/BTC flaunting a potential bottom
ETH/BTC bounces from the bottom of our box and is attempting to reclaim the 200 week SMA at present, also challenges diagonal overhead resistance.
This is a serious congestion zone & one has to wonder...are the lows in? A move above 0.065 would leave us with all three supports (200, long term diagonal and box base.
PUKA
Ripple can bounce up from support line of pennant to seller zoneHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price recently started to trades in the range, where soon price declined to the 0.5070 support level, which coincided with the buyer zone and then continued to rise. But when it reached the top part of the range, XRP turned around and declined lower than the 0.5070 level, thereby exiting from the range. After this, the price started to rise in an upward pennant, where it at once rebounded from the support line and rose to 0.5070 level and in a short time broke it one more time. Then XRP some time traded near this level and later made a strong upward impulse to the resistance line of the pennant, breaking the 0.5570 resistance level, but soon price turned around and declined back. Also, price tried to back up to the resistance line, but failed and declined to support line of the pennant. But recently it rebounded from this line and started to rise. So, now I think that Ripple can correct to support line of pennant again and then rebound up to the seller zone, breaking the resistance level. For this case, I set my target at 0.5635 points inside the seller zone. Please share this idea with your friends and click Boost 🚀
Oscar Health (OSCR) - Pennant Formation and CoilingCompany info:
Oscar Health provides a personalized experience for those seeking affordable healthcare. It offers incentives to its customers to stay healthy, including cash rewards. Oscar offers tailored services and a concierge care team designed to help its members find the medical care and services they need.
Technicals:
It is again forming a flag and looks poised for a breakout.
ADR is high which I like because the breakout can be explosive for the pennant.
Ideally, a strong 1st hour today can be the catalyst to propel it higher.
Will update price targets as we go along.
Goodluck!
Update $6.50 in Sight? Bull Pennant BeckonsRune (RUNE): Penned In by Bulls? Can It Break Free and Reach $6.50?
RUNE/USD's chart shows an interesting development with a potential 4hr bull pennant pattern. Based on technical analysis, this pattern could indicate a move towards $6.50. However, remember that the crypto market is volatile and reaching this target is not guaranteed.
BA - big move in the makingBA is now having 5 week tight price action.
Heavy volume weighed area here. 196s gap is yet to be filled.
Once the gap is filled and does a dead cat, if it turns down again? 182s coming in no time imo
Binance Coin can exit from pennant and rise to 270 levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a few time ago traded in a range, where it two time fell to the buyer zone, which coincided with the support level. In a second try, BNB rebounded from this zone and rose to the top part of the range, after which turned around and in a short time declined back, thereby exiting from range and breaking 297 one more time. Then the price started to rise in an upward channel, where soon, BNB rose higher than the 297 level and later made a correction movement to this level, which coincided with the support line of the channel. Next, the price bounced from this line and continued to move up in the channel to the resistance line, but when it reached this it, BNB rebounded, entered to the pennant, and made a strong upward impulse to the resistance line of this pattern, thereby exiting from the channel and breaking 350 level, which coincided with support area. But a not long time ago price rebounded from this line and declined to support area. At the moment, BNB trades near the resistance line of the pennant and I think that the price can fall to the support area and then continue to move up, thereby exiting from the pennant. For this reason, I set Take Profit at the 270 level. Please share this idea with your friends and click Boost 🚀
EWT - A 4 Year flag about to pop....#EWT
A textbook 4 year an Elliot's Wave bull flag about to pop, likely to the moon IMO
Bitcoin can make correction movement to 48900, exiting of rangeHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a not long time ago made downward impulse from resistance line of the pennant to 41500 support level, which coincided with buyer zone. After this movement, BTC some time traded near this level, after which in a short time price broke this level and declined to support line of pennant. Then BTC turned around from support line and started to grow to 41500 support level. Soon, the price broke this level one more time and continued to move up to the resistance line of pennant, and after reached this line, BTC fell to the support line and then made a strong upward impulse to 48900 level, which coincided with the support area, thereby exiting from the pennant. In a short time later, price broke 48900 level, made retest and rose a little higher, but a not long time ago it started to trades in range, where price continues to trades to this day. In my mind, Bitcoin can decline to the bottom part of the range, then make little movement up, after which continue to fall to the current support level, thereby exiting from range. For this reason, I set two targets, first target at the 50600 level, and second - at the 48900 support level. Please share this idea with your friends and click Boost 🚀
Dollar Index Analysis.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
KASPA price prediction short-termIs kaspa will make .183 before retracing or it will go down to .145 before pumping again :)
Ripple can decline to 0.5315 points, breaking support levelHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price some time ago broke the 0.5180 support level, which coincided with the buyer zone and declined below. Then the price turned around and started to rise in an upward channel, where XRP soon broke the 0.5180 level broke it again and rose to the resistance line of the channel. After this, the price bounced down from this line and declined to the buyer zone, where it exited from the channel and entered to upward pennant, in which Ripple turned around and then it rebounded from the support line and made a strong upward impulse to resistance line, thereby breaking 0.5500 level, which coincided with resistance area. But a not long time ago price rebounded from this line and declined to 0.5500 current support level, and at the moment price trades very close to this level in the resistance area. So, in my mind, Ripple can exit from the pennant, break the support level, and continue to decline. For this reason, I set my target at the 0.5315 level. Please share this idea with your friends and click Boost 🚀
VTHO - 1H - $0,01 - 85% increase possible - Bullish penantVTHO show on the 15 min. And 1H chart a Bullish penant with both a target around the $0,01. This could lead to another 85% profit approx.
GOLD - Price can bounce up from support line to $2030 pointsHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it reached resistance line and broke $2020 level, which is located in resistance area.
Price exited from channel and started to trades in pennant, in which Gold declined to $2017-2023 resistance area.
Then price rose to resistance line of pennant and then continued to decline in this pattern.
Gold broke $2020 level and fell to support line of pennant, which coincided with $1990 level and support area.
But at once price bounced and started to rise near support line of pennant, and in my mind, Gold can correct to support line.
After this, I think XAU can bounce up to $2030, exiting from pennant and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
ARM Double Inside Day CandlesARM is working on a double inside day after the massive run up. Tightening now and looks ready to explode higher tomorrow. A red to green open tomorrow could be perfect!
BUY Zone for INJINJ has a bullish run at the start, and is consolidating and forming a penant.. Buy zone is mentioned on Chart.
INJ is the most bullish project this season.
Neutral - Watching Pennant/Triangle Consolidation PatternCisco is having trouble getting past the high from the tech bubble at the turn of the century. Keeping an eye on this chart pattern that has formed as it consolidates (may take several more years to play out). I won't short if it breaks down, but I'm watching for a potential upward breakout to trade on (looking for a decisive monthly close above the green tend line ideally with significant volume).
Breaking out of a bullish flagNASDAQ:EA has broken out of the flag pattern and has lots of upside. I'm looking for ~160 as a price target.
