BESI again in a bull flag.BE SEMICONDUCTOR INDUSTRIES - Intraday - We look to Buy a break of 64.52 (stop at 61.24)
Daily signals are bullish.
Our short term bias remains positive.
Price action is forming a bullish flag which has a bias to break to the upside.
64.38 has been pivotal.
A break of the recent high at 64.38 should result in a further move higher.
The primary trend remains bullish.
Our profit targets will be 72.42 and 74.42
Resistance: 63.00 / 64.50 / 66.00
Support: 60.00 / 57.50 / 55.50
Disclaimer – Saxo Bank Group.
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Bullish Flag
BTC Volatility Is Building (Price Projection)BTC has successfully bounced from that Bullish Butterfly and is currently trading above local resistance within a Bull Flag on the lower timeframes. Upon Breaking out of the Flag, I think that we will see a Square Up in price action to recover the 19.5k and 22.4k areas. From there we might pullback where we then could potentially form an Inverse Head and Shoulders pattern which could then take us Much Higher but for now my focus will be on the 19.5k level.
A Dogecoin Bullflag Sits Above A Very Historic Monthly RangeFrom the looks of things the Dogecoin to BTC pair, maybe attempting a Break-Hook-and-Go off the All-Time Historic Range that it traded within and could be setting up for a Bull Flag Breakout that would take it to the 2.272 Fibonacci Extension. We can also see that the MACD is showing us some Hidden Bullish Divergence and is Crossing on the Monthly which has historically led to massive moves up within the range. Now that DOGE/BTC trades above the Range we could perhaps expect the Biggest Move Yet!
BYBIT CEO believes Bitcoin will fall below $10,000 USD!
I agree with Ben Zhou on his opinion about 4-digit Bitcoin!
He thinks that we are probably going to see more bombs coming in the next few months (liquidations of exchanges, coins, or other big players).
The CEO of Bybit has a lot of insider information about traders on his exchange. For example, he can see where the liquidity is and where people have their stop-loss orders.
"Everything in crypto happens very fast; I believe a 6-month or so of this downtrend before an uptrend again," he said in his next statement.
What do you think about it? Do you agree with Ben or not? Let me know in the comment section right now!
You can watch a full interview with Ben Zhou on the Moon YouTube channel if you are interested in his thoughts.
From my perspective, there are no signs of a trend reversal. As you can see on the chart, Bitcoin is pretty much drowning.
I believe the bottom of Bitcoin will be between 6500 and 10300 USD!
For more ideas, hit "Like" and "Follow"!
Bybit is currently the #2 exchange on CoinMarketCap in the section "Derivatives."
MASSIVE WEEKLY BULL FLAG FORMINGBLACKBULL:SPX500
Self-explanatory
While I think overall trend is still bearish and another leg down - which I think would be the last leg down this bear cycle - is expected, we will see the trend reverse soon after that hopefully. In Q1 or Q2 of 2023, if macro environment allows for it of course, but it looks like the Fed has been successful so far in their pursuit of monetary policy.
If it does play out like this, the next bull cycle will be something never seen before. Also housing market needs to come down soon for things to bottom out nicely. Crypto could be in the process of bottoming out soon tho.
Love you, stay safe
China A50 set for a corrective bounce?The China A50 has rallied over 13% since the October low and has since retraced to the 61.8% Fibonacci level. An elongated bullish Pinbar formed yesterday which shows strong demand around the bullish engulfing candle and marking a potential swing low within a bullish retracement channel. We are now looking for a break above 12,350 to assume bullish continuation and a move back towards the 13,000 resistance zone.
This could be the final move of a 3-wave correction, before it reverts to its bearish trend.
I Thankfully when bearish causing?When I look up trends will bearish?
Being some lose and win is does matter how aggreasive traffic sell or buy. please show me how rude indicator to signal income trader become willing to dead game kindless!
And my dear pleasure what seing very positive new financially technology tricker succesfully revolution and here genaration childhood instead show we are wonderfull history. thank you for read my messege from "rookie game".
ADAUSD | Wave Analysis | Giant Bull Flag Ending Diagonal +60%Price action and chart pattern trading
> A possible ending diagonal minor 5-wave with a bull flag pattern as well as RSI bullish divergence
> An upcoming reversal supported by a strong harmonic pattern - bullish deep crab squeezed below EMA20D - Entry point zone
> Target TP1 @ Upper bull flag resistance zone +30% and TP2 @ X2 of Bull Flag EMA200D zone +60%
> Stop Zone @ lower support of bull flag -10-15%
> Risk reward ratio: 2:1 and 3:1 for short-medium term trade
Always trade with affordable risk and respect your stoploss, nothing 100%
Bitcoin - 1 million USD (You have never seen this before)
You see this ascending parallel channel for the first time! The channel is projected from the start of the bull market in 2018 to the end of the bull market in 2021.
The road to 1 million will be full of traps, liquidations, scams, and frauds. But if you are ready for a roller coaster, you can hold your bitcoins in cold wallets such as Trezor, where they will be frozen to death.
This is a projection because, of course, no one can predict the halving dates. I want to show you how Bitcoin can behave on the road to 1 million USD.
This parallel channel should be sustainable over time; there is not too much pressure, and we can reach 1 million in 2037. But for now, we are in 2022, and the current price is 16,500 USD.
As you can clearly see, Bitcoin could reach 6,500 USD next year to touch the bottom of the parallel channel. I don't see any problem with that.
Who will get rekt after FTX? Let me know in the comment section right now!
Bitcoin is extremely volatile and dangerous asset, they said. If you bought the peak, then yes, it's dangerous.
Thanks for your attention!
Hold the Line Above $74.749 and we will see $103.885I'm already positioned at much lower prices but today i see a potential entry to a day trade setup on LTC so in a different account i will be Longing Here and Targeting $103 as we are in a wedge, cracking into a weekly S/R zone, and the next resiatnce above would be $84.2 then straight to $103
ABCL - Tight bullish flasNice secondary entry to add to your position.
After breaking out of the previous flag, price consolidated again for almost a week on decling volume.
Enter the stock if it moves over the high from the previous day.
Stoploss can be set at the low of the previous day (tight stop loss) or underneath the rising trend line (loose stop loss)
In a longer term perspective the $15-16 area is a place of congestion and price could rally to this area before taking another breather. The 10 and 30 week MA's are also a bit far so price could get extended when entering this zone.
This stock is already in a stage 2 (Weinstein), so could deserve a place in your LT portfolio.
Increase in inst. owernship.
PTT | Wave Projection | Bullish Flag - Bullish Divergence Price action and chart pattern trading:
> A possible upcoming short term rebound B-wave of mega bullish flag 2-wave ABCDE triangle correction
> The price made LL last week from 34 baht support, assuming minor 5-wave of A leg to 32.75 baht then a strong buy back signal with bullish engulfing candlestick.
> Entry signal @ breakout recent resistance 33.75 baht
> Stop @ the current low 32.75 baht -3%
> Target 0.618 - 0.786 retracement 36-37 baht +8-10%
> RRR: 2.5:1
SPY IS BREAKING OUT...Again as this is a 4th-wave we will see plenty of swings.. that is why I did not trade until I saw a "bottom was in" for this wave. Looking at the pre-market we are sitting above $397 and showing strength towards our first level of $411. Some may be wandering what those red lines are for... those are my support lines I draw on a bigger time frame along with fib levels to help with confirmation. I don't just rely on Elliott Waves and Fibs... I feel support and resistance are key to know also.
Kucoin (KCS) could be getting ready for a runGood day traders 🌞👋
Here we are taking a look at KCS and shorter TF is looking
like a bullish flag IF we can gain support listed above🔝
and below👇 on chart 📈🔝
I am still concerned BTC could correct to ~14k ~15k but first will we see a rise in price to ~17,800k?
In the case that BTC doesn't continue to crash in the imminent future 🐶⏬⏬⏬
Let us not overlook KuCoins utility coin KCS 👌📍
During BTCs recent🕡 dip to below 16k, KCS fell to 💲5.2 , and was aggressively bought up to 💲8.3 shortly after...
Last bull-run🐮🏃♂️ we saw KCS go from ~💲5 to ~ 💲28 value🔥
KuCoin users earn great rewards by staking KCS
If you stake at least 10,000 KCS, you earn 7.18% APY USD 💲💬⭐
Here⏬ we are in a large Descending-broadening wedge on the DAILY view 📈🔎
If we can gain support💪 at ~7,44, I think we can run up to some of our bull targets listed above on chart
Bearish 🐻 targets listed as well👍🆗
Invest at your own risk!!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay