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Bullish Flag

BTC, everybody knows about the bullflagHello everyone, today I want to talk about the obvious fact, that BTC is in a big bull flag, since it formed the 74k high. But the way how it moved out of the lowest point of that flag isn't impulsive at all unfortunately. There is only a three wave move, followed by some more choppy price action, so to trade it safe, we need more confirmation. I added some support levels (orange) and a trend line (green) to the chart. If you like to follow my thoughts I will talk about the development of the price action within that bull flag in the upcoming weeks.
COINBASE:BTCUSDLong
by Kyrean
3
Bitcoin will trap everyone! 78k then 20% crash! (must see)Bitcoin is currently very bullish; that's clearly visible and soon will hit a new all time high. That's exactly the point where a lot of people will start buying with the belief of going to 100k - 130k. But you may know that Bitcoin is under extreme manipulation by BlackRock and other institutions. This is not a stock market, so they will not let Bitcoin go up, and instead they will trigger a massive crash back to 63k. Nobody likes Blackrock, but it's how it is. So what is the plan? First, I expect Bitcoin to go up and reach 78k. Then, when everyone buys, the price will crash to 63k. Do not forget that we also need to see a successful retest of the bullish flag. There is no retest yet. Bitcoin needs to confirm this uptrend, so do not FOMO in. I have been bullish since 60k or so, and I predicted the majority of Bitcoin movements in past months. Why is 63k important? We have a 200 daily moving average and FVG (Fair Value GAP) around this level. Also, the RSI indicator is starting to be overbought; you want to buy low when everyone is bearish. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
162
Bitcoin's Big Move: Is a Bullish Breakout Brewing?Hello CryptoTalk-ET fams, it's such a long time since we posted in here. Hope you guys are all fine and that this message will find you. Today we are going to look on Bitcoin's higher timeframe movements by which it seems an appropriate time to drop a reminder on the bullishness of the giant of all cryptos. Let's dive into today's insight. As we look at the Bitcoin chart, it’s hard not to get excited about what might be unfolding. In the world of trading, sometimes a chart tells a story, and this one is whispering bullish potential. If you’re a long-term Bitcoin enthusiast, this might be the setup you’ve been waiting for. The Setup: Consolidation Ready to Explode? First, let’s talk about that long consolidation phase. Imagine a coiled spring being pressed tighter and tighter — eventually, it’s going to snap back with some serious force. That’s what Bitcoin’s price has been doing over the last several months. Trading within the confines of that blue channel, BTC has been building up potential energy, and now, it looks like it’s ready to let loose. This phase of sideways movement is what traders call “accumulation” — a period where the market is gathering strength, waiting for the right moment to break free. On the chart, it’s clear that Bitcoin has now broken out of this consolidation channel, a powerful bullish signal. The Bullish Blueprint: A Classic Chart Pattern If you zoom in, you’ll notice a pattern that any technical analysis enthusiast will recognize: a series of higher highs and higher lows, reminiscent of the classic Elliott Wave structure. In simpler terms, Bitcoin is moving in an uptrend, creating stepping stones higher and higher. But this isn’t just any ordinary uptrend. The breakout from the blue trendlines suggests that Bitcoin is poised for a larger, more sustained movement. This kind of setup often signals the beginning of a new bullish phase, particularly on higher time frames. The $100,000 Target: Just Dreaming? Now, let’s address the elephant in the room: that big, green box near the $100,000 mark labeled as the take-profit zone. Yes, you read that right — six figures. This isn’t some wild, unrealistic moonshot target. Based on this chart setup and Bitcoin’s historical price patterns, $100,000 could actually be within reach. The logic here is simple. With the breakout from consolidation, Bitcoin has cleared an important resistance zone. If the current momentum holds, we could be looking at a classic “breakout and run” scenario, where prices don’t just rise but do so with conviction. Risk Management: Keeping It Smart Of course, with any trade, it’s essential to have a solid plan. This chart doesn’t just suggest a potential entry point; it also highlights a stop-loss level around the $59,982 mark. For traders, this is crucial. You want to ride the waves, but you also need a life raft if things don’t go as planned. The beauty of this setup lies in its risk-to-reward ratio. With the stop-loss in place, you know exactly how much you’re putting on the line, while the potential reward — a run toward $100,000 — could be several times that risk. Volume: The Secret Ingredient Here’s something interesting: Take a look at the volume bars at the bottom, particularly the ones marked by the red circle. Volume often tells the real story in trading. Think of it as the heartbeat of the market — when volume spikes, it means more traders are getting involved, more energy is being pumped into the move. And during the consolidation phase, if those volume spikes comes in at any point of time it will confirm us that we are in an accumulation phase, where big players were quietly positioning themselves. This accumulation phase is often the precursor to a major breakout. So when the volume starts to increase in sync with a price breakout, it’s usually a bullish sign. It means that more and more traders are putting their chips on the table, betting on higher prices. By this our priority to make ourselves in a better position will be making sure those volume bars are gaining an increment in length. Final Thoughts: A Bullish Journey Ahead? If this setup unfolds as anticipated, Bitcoin could be on the verge of an impressive rally. The structure is solid, the breakout is clear, and when the volume confirms it — we can say all signs are pointing toward a bullish continuation in the higher time frames. Of course, as with any market, there are no guarantees. But for those who believe in Bitcoin’s long-term potential, this could be a rare opportunity to catch a trend that’s been building up for months. Keep an eye on that entry point, monitor the volume, and let’s see if Bitcoin’s bullish journey toward six figures finally begins. Remember even though this doesn't mean we are already in the bullish move it feels like Bitcoin is showing all the possible bullish sentiments towards the market. That being said though we are still in an immature market in which needs a really heavy inspection and risk management tricks we need to consider that we might be seeing a further lower correction if the bears persist their position. Besides that we need the total sentiment to change in real time since we need to see a tangible movement of the volume. Hope we will be watching that in the near future since we are in a US election year. Are we ready for the ride? Buckle up — this could be the start of something big. 🚀 Stay tuned. More updates will be coming in.
Long
by cryptotalk_et
1
ENA/USDT: Bull Flag Breakout! Strong Bullish Setup in Play!!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! ENA is looking strong right now! It is breaking out from the bull flag pattern and a successful retest is also done. Long some at CMP and add more in the dip. Entry range: CMP and add more up to $0.36 Targets:- $0.44/$0.50/$0.57/$0.64 SL: $0.345 Lev: Use low leverage (Max 5x) What do you think of ENA’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
Long
by CoreCrypto1
BTC Quick Update: Bull Flag Breakout in Sight, Targeting $80k!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! Welcome to this quick BTC Update! BTC is currently trading around $67.5k and moving within a bull flag structure on the 4-hour time frame. A breakout from this flag is still pending, and there’s a chance we might see a brief drop to FWB:65K on Monday before a breakout occurs. Once this bull flag breaks, the target is set at $80k. Entry Range: FWB:65K -$66k Target: $80k Invalidation: 4-hour close below FWB:65K What do you think of BTC’s current price action? Are you seeing this bullish setup as well? Share your analysis in the comments, and let’s ride this wave together!
Long
by CoreCrypto1
Solana - Strongest altcoin! New ATH + bull flag (buy now)Solana is currently one of the strongest altcoins. That's visible in the charts! Currently the price is forming a bullish flag pattern, so expect another big leg to the upside in the next few weeks. Where to take profit? Well, to answer this question, we have to use the Fibonacci extension tool and measure strong levels. I always use 0.382 FIB (383 USDT) and 0.618 FIB (829 USDT). From the Elliott Wave perspective, wave (3) was really huge; Solana made 2600% last year. But let's focus on the future because there is a very high chance of making another 100%-400% until the end of this year. We need to finish this cycle with wave (5). I recommend buying Solana as soon as possible before the huge pump begins! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
59
Bullish Pennant breakout for Hive! $39 CAD price target.Hive appears to be trading in multiple bullish patterns. Noticeably the stock is creating higher lows and higher highs forming a bullish pennant & a crude bull flag pattern. Hive has bounced off the upward sloping support of the pattern 4-5 times, displaying strong support for the bulls. Considering Hive is correlated to the price of Bitcoin & Ethereum we should see some volatile price action over the upcoming months heading into the US presidential elections.. Bullish cross on the KST Also, the halving will start being priced into bitcoin as a supply shock is on the verge of occurring near term.
TSXV:HIVE
by satoshi123
4
BTC Testing Bull Flag Resistance at $68,000Market Overview: Bitcoin (BTC) is currently testing the upper resistance level of its bull flag formation around $68,000. Recent price action shows a higher high compared to the previous highs from late September and August, confirming a bullish trend on higher time frames. Key Levels to Watch: Resistance: $68,000 (bull flag top) Target: $70,000 (next psychological level) Outlook: Given the upward momentum, BTC is likely to consolidate in the $68,000 range for a few days before attempting a breakout. A successful move above this resistance could pave the way for a test of the $70,000 level. #BTC #Bitcoin #PriceAnalysis #BullFlag #CryptoMarket
BITSTAMP:BTCUSD
by Richtv_official
Bitcoin Potential Bull Flag w/ $35K (91%) Gain on Valid Break!Here I have BITSTAMP:BTCUSD on the Daily Chart! 2024 has been an Exceptional Year for Bitcoin after its nearly 2 Year Monumental Recovery from the Nov. 2022 Low @ $15,512 to pushing price up past the 3 Year High of $69,000 on Nov. 10th 2021 to the now New 8 Month High @ $73,835 on Mar. 14th 2024! Fall '21/Summer '22 - Bitcoin is in a Declining Stage Fall '22/Summer '23 - Bitcoin is in an Accumulation Stage Fall '23/Spring '24 - Bitcoin is in a Advancing Stage Spring '24/Fall '24 - ( Distribution or Accumulation) ??? Fall '24/Summer '25 - ??? Currently, Bitcoin is exhibiting signs of a Potential Bull Flag with a Flagpole suggesting a potential 91.78% or $35,334.57 Gain with a Valid Bullish Break!! We can see Bitcoin has been in a Descending Channel since the Spring of 2024 came but Price Action has made a few key movements that I'd like to point out: - After traveling the Descending Channel from the Higher High @ $73,835.57, Price makes a False Break of the Channel that touches the Previous Level of Structures Higher High and makes a 38.2% Retracement of the Current Higher High and is immediately brought back up into the Channel. - Price continues to stay magnetized to the 200 EMA since its entered the Channel but Price seems to be trading Above it with ease in this Consolidation Zone. Now this current Channel or Consolidation Price has been in from this Summer '24 going into this Fall '24 can either be an Accumulation OR Distribution Stage, all based on if we get a Bullish or Bearish Break to this Channel and something tells me we are looking at a Potential Bull Flag in the Making with the potential to reach -Bullish Bias on BITSTAMP:BTCUSD Fundamentals: - BITSTAMP:BTCUSD has been gaining not only Domestic but Global traction with stories like El Salvador this year making Bitcoin its Official Currency! -Economics now accepting more transactions Crypto-wise showing honest Expansion and Integration into society -A lot of statistics show that people believe the USD may be looking at a downfall in the coming years and Crypto, specially BITSTAMP:BTCUSD potentially being a savior! People are not only fleeing to Commodities and Bonds when devaluation peers its head, but Crypto seems to start being another sector to look towards!
COINBASE:BTCUSDLong
by Novi_Fibonacci
REEF/USDT: LONG SCALP SETUP!!Hey everyone! If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated! REEF looks good here. Breaks out from the bull flag like structure and currently, retesting the flag. Long some here and add more in the dip. Entry range:- $0.0051-$0.0053 Targets:- $0.0058/$0.0064/$0.0069/$0.0073 SL:- $0.00482 Lev:- 5x What are your thoughts on REEF's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Long
by CoreCrypto1
2
Ethereum to $12,622 – It's Not a Question, It’s a Matter of TimeAlright, let me break it down for you: ETH is heading straight to $12,622 – no ifs, ands, or buts. Why? Because the charts are screaming it. Fibonacci Extensions: The 0.618-0.65 levels are textbook targets for major price moves, and guess where they’re pointing? You guessed it: $12,622. This isn’t guesswork, it’s mathematics. Measured Moves: Look at the last massive rally – a clean 365% move. Now, using that same playbook, we’re looking at a nearly identical run from current levels. This isn’t speculation, it’s straight facts. Bull Flag Breakout: This bull flag is as clear as day, and once we break out, there’s nothing standing in the way of ETH ripping to $12.6K. Bull flags don’t lie, and neither do I. Mark my words – we’re hitting $12,622. It’s not “if,” it’s when. Keep watching. 🔥
BITSTAMP:ETHUSDLong
by TheTraderAndy
2
NVIDIA Corporation (NVDA) short term outlook is bullishNVDA is currently consolidating within a bullish flag pattern, as indicated on the chart. A breakout above the current consolidation zone is likely before the price can move towards the $127 resistance level. If the stock breaks out of the flag with strong volume, it would confirm a continuation of the recent bullish trend. Once the breakout occurs, the next target would be $127, where the descending triangle's resistance comes into play. However, a failure to break out of the flag pattern could lead to a pullback towards $105 support. The stock's proximity to its 50-day moving average adds significance to this area. Monitoring the breakout from the flag pattern is key for confirming the next upward move.
NASDAQ:NVDA
by TraderhrTrading
Bullish Flag Pattern Breakout in EICHERMOTStock Name: EICHERMOT Timeframe: 1 Hour The chart shows the formation of a Bullish Flag Pattern, indicating a continuation of the previous uptrend. Key elements are: Flag Pole: The initial strong upward move, forming the base of the bullish pattern. Flag Resistance: The upper boundary of the flag pattern, highlighting the short-term consolidation. Flag Support: The lower boundary of the flag, providing support during the consolidation phase. Targets: Initial Target: 5010+ (marked as the first breakout target) Target 2: 5080+ Final Projected Target: 5150+ Stop Loss: Below 4850 If the price sustains above the breakout level, the bullish rally could continue, with potential to hit the projected targets. Conversely, any downside risk exists if the price falls below 4850, triggering the stop loss.
NSE:EICHERMOTLong
by TradZoo
BITCOIN VS U.S. DOLLAR! BULL RUN??Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently showing signs of a bearish breakdown from a symmetrical triangle on the weekly timeframe. This suggests potential further weakness in the US Dollar. BTC Bull Flag: Bitcoin is forming a bullish flag pattern on the weekly timeframe, indicating potential upward momentum. Potential Outlook The combined analysis of both DXY and BTC suggests a favorable environment for Bitcoin. A breakout from the bullish flag, coupled with a weakening US Dollar, could lead to significant gains in the coming months. What are your thoughts on BTC's and the U.S. Dollar Index's current price action? Do you see a bullish pattern in BTC? Share your analysis in the comments below!
BITSTAMP:BTCUSDLong
by CoreCrypto1