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Pennant

BITCOIN - Price can try exit from pennant and then continue growHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels. Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed. Next, price some time more traded in flat, and last time made upward impulse from support level to resistance zone. After this, BTC a few time tarded in resistance area, but recently it bounced from this area and declined to support line of pennant. After fake breakout of support line, I think that Bitcoin can reach resistance line and try to exit from pennant. When price will exit from pennant, it can make retest and then bounce up to $45000, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
Euro can fall to support line of pennant, and try to exit of itHello 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 of the channel. Later Euro rose one more time and reached the current support level, which coincided with the support area, but at once it rebounded and made a downward impulse, thereby exiting from the channel. After this movement, the price started to trades inside a wedge, in which the Euro rebounded from the support line and made a strong impulse up to the resistance line, breaking finally the 1.1000 level. But a not long time ago Euro rolled down from the resistance line and now it trades near the support area. In my mind, the Euro can decline to support line of the wedge, which coincides with the support level, and try to break them. If the price makes this, it will exit from the wedge and then make a retest, after which the EUR will continue to fall. Therefore I set my target at the 1.0880 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
2
After exiting from pennant, BNB can continue grow to 240 levelHello 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 from the range and entering the pennant. In the pennant, BNB broke the 308 level, which coincided with the support area, and a few moments later reached the resistance line of the pennant. After this movement, Binance Coin bounced from this line and in a short time declined to support the area, but recently price rebounded up from this area and even soon broke the resistance line, thereby exiting from the pennant. So, now I think that Binance Coin will fall to the support area first, and then it can continue to move up. For this case, I set my target at the 240 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
BNBUSDT - Price can make correction and then bounce up to $342Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose to $265 support level, which coincided with support area. Then, BNB broke $265 level, reached resistance line of channel, and then made correction to this level. After it some time traded near this level and then price rebounded and made upward impulse to $312 level, exiting from channel. Also, BNB started to trades in pennant, after channel, where it broke $312 level and soon reached resistance line. But a not long time ago price bounced from this line and declined to $312 level and at once bounced up. Now it trades near support area and I think that BNB can fall to support area, exiting from pennant, and then bounce up to $342 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
GOLD - Price can exit from pennant and fall to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to decline in falling channel, where it first reached resistance line and continued to fall. Gold in a short time fell to support line of pennant, thereby breaking $1995 level, but soon price bounced from this line back. Soon, XAU exited from channel and later rose to resistance line of pennant, but then it made correction to support line. Recently it bounced from this line and reached resistance line again, breaking $2045 level, which coincided with support area. Also recently, Gold bounced from this area and now it continues to rise in pennant, so I think price can rise a little. Then XAU bounces down to $2045 support level, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
4
🚧ICXUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one ➡️ICX has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ICX is in, Is a Bullish Pennant 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 (Pennant pole) to happen! 🟡Summery: -ICX has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! 🤑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
1
After exiting from pennant, Bitcoin can continue grow to 44900Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the 41000 support level, which coincided with the buyer zone, it at once rebounded and made impulse up to the 43450 resistance level. Then BTC started to decline in a downward channel, where it in a short time declined back to the buyer zone. After this movement, the price reached the support line of the pennant and made a strong upward impulse until to resistance level again. When BTC reached the resistance level, it at once bounced below, correcting and after this, the price continued to rise to the resistance line of pennant. Also, the price broke the 43450 resistance level, which coincided with the seller zone, but when it reached the resistance line of the pennant, Bitcoin bounced and soon fell lower than this level. Price declined to support line and a not long time ago bounced up to resistance level and broke it again. At the moment, Bitcoin trades close to the resistance line of the pennant and I think that the price can, after exiting from this pattern, make a correction below and then continue to rise. Therefore I set my target at the 44900 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
9
HelenP. I Possibly Euro can exit of pennant and continue to growHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a few moments ago traded in consolidation, where it first declined to support 2, which coincided with the support zone and then rebounded up to support 1. Then price made a little correction and later made an upward impulse higher than support 1, which coincided with the support zone too. But soon, the Euro around down and made a strong impulse down to the trend line, thereby breaking two levels - 1.0965 and 1.0835. After this, the price started to rise close to the trend line, and in a short time it reached support 2. Next, the Euro entered to the pennant, where it made impulse up to support 1, but then the price corrected to the trend line. But recently, Euro backed up and now it trades near the support area. And I think that price can make a little correction and then rebound up to the 1.1090 level, thereby exiting from the pennant. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
EURO - Price can bounce o support line and make upward impulseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it in a short time reached resistance level, which coincided with resistance area. Then Euro bounced and made downward impulse to support line of pennant, thereby breaking support level and exiting from channel. After this, price bounced from support line and in a short time rose higher than $1.0830 level and later reached resistance line of pennant. Also soon Euro made correction and a few moments ago exited from pennant, where it continues to trades near support line. I think price can bounce from this line and then make impulse up to $1.1050, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
6
will Bitcoin increase?Hi every one ➡️BTC has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which BTC is in, Is a Bullish Pennant 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 (Pennant pole) to happen! 🟡Summery: -BTC has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! 🤑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:BTCUSDLong
by CobraVanguard