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Pennant-formation

Ethereum Long Term Analysis!Ethereum Long Term Analysis! Ethereum Monthly Analysis! Bearish Pennant PAttern formation in Ethereum on Monthy Timeframe! If price breaks and closes below trendline support we can see further downmove in Ethereum Ethereum is forming Bearish Pennant pattern. We can see a sharp downmove in Ethereum from 1 dec 2021 after that price is moving in that way like it is forming a Triangle. So the pattern is established. Many of us won't believe for a Ethereum to move this much downward upto 456.75USD. But it's all about Technical Analysis and Pattern identification. I have identified this pattern on Monthly Timeframe. This is how we identify pattern on various timeframe. Greater the timeframe more reliable it would be, So i have done my analysis on Monthly timeframe to predict long term move of an Ethereum. Crypto is very uncertain instrument so we can't imagine how it will move, right? But this is how we perform technical analysis! That's all i have to say! The downward possible target for an Ethereum is 456.75 USD!
CRYPTO:ETHUSD
by Avinash9087
2
BHARTIARTL UNDER BEARS SPECTRUM !!!!Chart Patterns insist me the above titled opinion REASONS 1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines )and right now down swing move is under process(in the form of descending channel) 2. In the weekly time frame , it looks alike a Bearish pennant formation and given breakdown out of consolidation(shown below) 3. In the daily timeframe , Head & Shoulders pattern too visible (shown below) 4. There is Consolidation zone(in form of a rectangle box). 5. SL can be day candle closing above 796 (candle escaping out of the box) 6. Target - 730,717,700 7. Strong support down near 675 levels(rectangle box shown) Let's see how it moves!!! NOTE - Just sharing my view....not a tip nor advice!!!
NSE:BHARTIARTLShort
by mmjimm
GICRE - Expecting minimum 50% returns General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:GICRELong
by PrakWorld_Traders