BTC Buy a flag break.Bitcoin - Intraday - We look to Buy a break of 44102 (stop at 43478)
Short term bias has turned positive.
Previous resistance at 43500 now becomes support.
Posted a bullish Flag formation.
A break of 44100 is needed to confirm the outlook.
Further upside is expected and we look to set longs in early trade.
Our profit targets will be 45848 and 46748
Resistance: 44000 / 45000 / 46000
Support: 43500 / 43000 / 42500
FLAG
LITECOIN Will Go Up! Buy!
Hello,Traders!
LITECOIN was trading in a downtrend
In the bullish flag pattern
And now the pair broke out of the flag
And the breakout is confirmed
So I think that after the pullback
And a retest of the broken level
We will see a move up
To retest the horizontal resistance above
Buy!
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$KE1! Wheat OVER $9 in March? Potential for $10?Hi Folks,
Wheat has entered a bull run with a 50/200 ema golden cross as well as a 100/200 ema bullish cross for the first time since 2010! The prior run was from 2010 to 2016. Bearish from 2016 until late 2020 where we first see some bullish crossings. These stages tend to last anywhere between 4-6 years so we should see some continuation.
As far as the technical movement goes, we can tell that wheat likes to flag into the 21-day ema and sometimes into the 50-day ema before continuing. Yesterday, price fell below the 21-day ema and today it reclaimed immediately; this is exactly what we wish to see in healthy upward movements.
Needless to say, at this point you can tell I am bullish on wheat (and commodities in general) for the foreseeable future. What say you?
DLF PRICE ACTION ANALYSIS 📈🔥NSE:DLF broke out of a major trendline(kind of a cup and handle pattern) and is undergoing slow consolidation in a flag like pattern.
Enter at the break of the flag trendline and hold for big targets after price crosses and sustains above 450 levels.
Targets are open for this one.
Place sl below 340 and trail with preferred MAs.
Risky trade but high reward.
Position size accordingly. HAPPY TRADING.
AUDUSD, WHAT IS NEXT?AUDUSD has been one of my personal favourites to trade over recent times.
In this analysis you can clearly see what I have been watching and what I am predicting for the near future. All dependant on the NFP release.
Let me know what you think, be sure to like the idea if you agree or comment with your analysis if you think otherwise!
Good luck traders.
Shibu is Looking Primed to Rocket!!! Reasons to be Bullish on Shibu :-
1) Making a Bull Flag :-
2) Inverse Head & Shoulder in Progress :-
3) Retesting Support Zone (SL & Target Price Levels Mentioned) :-
Why this trade could fail :-
If BTC dumped below, 45k then this trade will fail which i hope not.
Therefore, i have mentioned where i am placing my own SL.
Rest, I hope you guys will like this educational idea.
Also, This is not meant to be a financial advice.
Happy New Year everyone and Stay safe and Trade Safely.
$TSLA Bearish Spinning Top candle falling back on the 50 EMA$TSLA Bearish Spinning Top candle falling back on the 50 EMA after being rejected by resistance
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products through its subsidiaries to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Austin, Texas.
QQQ Short Idea off of 400s this week QQQ has been trading along these levels listed on the chart. After the face rip short week of Christmas to the end of the 2021 Calendar year, I think that there may be some profit taking on the Q's.
Some traders dislike MACD, but as we can see from the histogram the trend is starting to weaken. There is not much support underneath the current levels of QQQ. 392/388 may be tested if we drop.
The bullish case - a drop to 395 and then a strong move back up to all time highs. Volume needs to step in hard and acceptance of trend above 400. I think that traders are wary of COVID-19 and continued inflation concerns.
I am leaning bearish around 65% or so. I would not go anything closer than 4 weeks out on either bull/bear side for options.
If you compare the recent leg up and the following consolidation on QQQ to SPY I think you'll see that equities are poised for a reversal if bulls do not continue this impulsive leg up. If bulls do step in, and step in with conviction, we can easily see new ATHs pushed.
NATURAL GAS First Down Then UP! Buy!
Hello,Traders!
NATGAS is trading in a downtrend
And the price is now trading in a bear flag
So I think Gas will fist go down to retest
A support cluster of the rising and horizontal support levels
From where I am expecing a rebound and a move up
With the first target being a resistance above
Buy!
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See other ideas below too!
ADA Bull Flag forming on 30 min Time Frame We're sting low at a support of 1.33 all day. Looks like ADA is slowly recovering with a possible break out to $1.40+ looking at the 30 minute time frame. Just my opinion.
BNB/USDT bullish channelBNB/USDT is in a bullish channel that could continue once the retest season is over, as we can see in the chart the important resistance between 611~659 will be overrun once the bullish altcoin season is back again, with a bigger mass adoption of cryptocurrencies next year, we will be having an important bullish movement with this coin in particular as it is been a coin that maintained it's price during the late retest, therefore on the short run we are in a buying zone where we are looking for a more aggressive bullish price development.
Omicron Could Drive EURJPY To 125.000!Ascending channel on weekly TF broke, bullish flag and pole formation is currently developing at the moment. In a long run, this pair has been in an uptrend, however since the channel and psychological barrier of 130.000 broke, the price is likely to aim the next support that lies at 125.400!
TECHNICAL ANALYSIS
Bullish pole and flag formation currently in play on W charts.
The 130.000 psychological barrier broke with M candle closing below it. This signals the price is ready to head lower towards 125.000 support area.
This SHORT move signals further consolidation in EURJPY (FLAG CONTINUATION)
FUNDAMENTAL ANALYSIS
*Omicron the main driver for this pair at the moment
*Anticipated rise in the cases globally after the festive season would make JPY safehaven demand rebound, thus sending EURJPY lower
HOW TO TRADE?
Trade could be executed at this moment with the following suggested details as the risk to reward ratio is favorable at the current price
ENTRY: 130.000 & ABOVE
STOP LOSS: AT SWING HIGH 133.750
TAKE PROFIT: NEAR SUPPORT 125.4000
RR: > 1:1
Cheers & Happy holidays
SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone
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BIAS
Mid-Term : Bullish
SUSHI formed bull flag in 1 day time frame and currently retesting below it and we might see a further drop toward the marked support level which is around $5.3
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$SUSHI/USDT SPOT SETUP
Entry Price : 5.05 - 5.4
TP 1 : 5.63
TP 2 : 5.98
TP 3 : 6.8
TP 4 : 7.184
TP 5 : 8.07
TP 6 : 8.482
TP 7 : 9.174
Stop Loss : 4.321
*Stop Loss - SUSHI daily close below 4.321
*Maximum 5% of Portfolio.
*Whenever TP 2 hits, Move stop loss to entry.
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Eth Final Impulsive Wave up to 5700$!?- Based on the Elliott Wave Theory we could draw this chart.
- This shows a possible outcome of 5700$ per Eth.
- AB TIME= CD TIME, a strong correction within this period would most likely invalidate this outcome.
- Possible Bull flag scenario.
Just my view on the coming weeks, do your own research;)
Tesla Bull Flag TestTesla has been on a healthy run for the last few days. It bounced off the 100 day EMA, and subsequently pushed up through the 50 day and the 20 day EMAs respectively. It's facing resistance at $1070, but if it's able to break through early next week, we will be looking at a nice crispy bull flag setup. A breakout from the flag would occur around the $1100 psychological level, which could bring additional interest from buyers. The measured move in this scenario is significant if not ridiculous, but watch for heavy resistance around $1170 and $1243.49 (ATH). Happy trading and have a safe holiday weekend!!