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Pennant

USDT.D FORMED BEARISH PENNET HUGE CRYPTO BULLUSDT.D has formed a bullish pennant pattern, and the daily RSI is in the overbought area. At the same time, the weekly RSI trendline has been rejected. This indicates a likely decline for USDT.D, giving the crypto market a chance to move upwards—a bullish sign for BTC and crypto. 🚀📈 #USDT.D #Crypto #CryptoMarket #BullishPennant #RSI #Overbought #MarketAnalysis #CryptoTrading #Bitcoin #BTC #Altcoins #Bullish #CryptoInvesting #TechnicalAnalysis #CryptoSignals
CRYPTOCAP:USDT.DShort
by crypto_vulture_signals
HUGE BULLISH SIGNAL FLASING FOR BITCOINHey friends! Today, I've got an exciting idea about BTC. On the weekly time frame, BTC has clearly formed a bullish pennant pattern. If you observe the daily RSI, it has reached the oversold area, sweeping all liquidity from the market. The weekly RSI is also around the 50 level, indicating a potential bounce with hidden bullish divergence. This suggests a strong upward movement with a target of $106k! 🚀💰 #BTC #Bitcoin #Crypto #BullishPennant #RSI #HiddenBullishDivergence #CryptoTrading #TechnicalAnalysis #CryptoInvesting #MarketUpdate #CryptoMarket #BullRun #BTCto106k
BITSTAMP:BTCUSDLong
by crypto_vulture_signals
Bullish Pennant Breakout: Retest Targets $1,000 MilestoneBinance Coin ( CRYPTOCAP:BNB ) has recently formed a bullish pennant pattern, suggesting a strong potential for upward movement. This technical formation, characterized by converging trend lines following a significant price increase, indicates that the market is consolidating before potentially continuing its upward trend. The breakout from this bullish pennant has been accompanied by substantial trading volume, reinforcing the likelihood of a sustained move higher. With the retest of the breakout level successfully holding, the technical outlook is bullish, pointing to a potential target of $1,000. Achieving this target would represent a significant 68% return from the current price level, offering a promising opportunity for traders and investors. Key factors to watch include the continuation of high trading volume and maintaining the breakout level support, which will be crucial in confirming the strength of this bullish move towards the $1,000 target.
Long
by crypto_vulture_signals
DLF - 3 in 1Patterns I see in the chart are 1. Symmetrical triangle 2. Bull pennant 3. Bull flag. I like symmetrical triangle as it has the chance of moving the price up or down. Resistance is seen at 880 zone. Support is seen at 860 zone. So price has the opportunity to move within 860 to 880 and form a range. Buy above 874 with the stop loss of 868 for the targets 879, 884, 890 and 898. Sell below 858 with the stop loss of 864 for the targets 852, 846, 840 and 832. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:DLF
by vanathi
3
#BTC/USDT Primed for Breakout#BTC/USDT Technical Analysis: Two Potential Scenarios Scenario 1: Symmetrical Triangle Formation - **Current Pattern**: BTC/USDT is forming a symmetrical triangle, a common continuation pattern that usually indicates a period of consolidation before the price moves in the direction of the previous trend. - **Upward Breakout**: If BTC breaks above the upper trendline of the triangle around $75,000, this could indicate a bullish continuation. Such a breakout would likely attract significant buying interest, potentially driving the price higher and grabbing liquidity above this key level. - **Downside Risk**: Conversely, if BTC breaks below the lower trendline, the next major support level is around $61,000. This would suggest a bearish scenario where the price could decline further, testing this support level. Scenario 2: Bullish Pennant Formation - **Current Pattern**: BTC/USDT is also forming a bullish pennant, another continuation pattern that often occurs after a strong upward move. This pattern indicates a brief consolidation before the price continues in the direction of the prevailing trend. - **Bullish Breakout**: If BTC breaks out from the pennant formation with strong volume and momentum, we could expect a significant upward move. The target for this breakout is around $85,000, based on the height of the initial flagpole leading into the pennant formation. - **Confirmation**: For this bullish scenario to be validated, the breakout needs to occur with substantial volume, confirming the strength of the move.
BINANCE:BTCUSD.P
by crypto_vulture_signals