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Bearish Flag

RSRUSDT is creating a bear flagThe price got rejections from the dynamic daily resistance of the descending channel. on the daily timeframe, the price had a false breakout from the 0.13$ and got a rejection from the 4h structure. On the 4h Timeframe, the price created a bear flag and after the breakout, the market retested the previous support as new resistance. Now the price is creating a minor bullflag. How to approach? We are monitoring the price, if the price is going to lose the 0.11 and confirm the breakout, the next valid support is the daily one on 0.997$ According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
EU/US Good Bearish Flag 1.09440Hello Friends I hope you are fine. We can see here the price movement has entered the stage of flattening. The price has moved up, making up a little, but if we notice, the buying volume started to decrease and we had a sign selling movement at the level of 1.09400. The decline until the support levels that are shown in the drawing, so I think that we are at the price level required to complete the descending path until the weekly level 1.076 Thank you
Short
by UnknownUnicorn35856926
BTCUSDT - MASSIVE BEAR FLAG!!!#BTCUSDT is forming a massive Bearish Flag on multiple time frames. Not expecting this to play out in short term but is possible midterm play unless FED moves aggressively with the rate hike(s). It is a possibility with economic indicators such as employment numbers coming in good. We should also note that FED chair Powell had spoke highly of P. Volcker in his last appearance. Additionally, there are rumors of Russian oligarchs moving into cryptos to circumvent sanctions due to Ukraine-Russia war. If that is true, there could be a sell off in cryptos (esp. BTC & ETH) to punish these oligarchs. If and when it plays out, can expect BTC to be below 20K. * Not a financial advice. Please do your own DD. Thank you for your support. #BTC #ETH #chartanalysis #bearflag
COINBASE:BTCUSDShort
by BlokBox
6
COIN Showing a bearflag into earningsCOIN reports earnings tongith (2/24). Coin has seen a lot of weakness amid crypto regulation news and general market sell offs. It has recently fallen out of a bear flag pattern, it is under all of the moving averages, CB-RSI shows downward momentum, and MACD is crossing under bearish. All of these are makings for further downside. I am not interested in playing the actual earnings call, but rather the move after. The areas of value for me are the 160 support and the 220 resistance (top and bottom of the bear flag). If we gap under 160 after earnings, I plan to short a retest of the level. Should we creep into the 160 level, I will short a bounce off of 160. The first downside target looks to be high 90s. Should the stock gap up above 190 after earnings, I would like to see it rally to the top of the bear flag.
NASDAQ:COINShort
by Decam9
AMD: Triggering a Bearish Flag? Time to panic?Hello traders and investors! Let’s see how AMD is doing today! First, AMD triggered the pivot point in the 1h chart that we mentioned in our last analysis (link to it is below this post), however, the market is trying to frustrate our previous bullish thesis. Let’s update our thoughts. The problem on AMD is that it is triggering a possible Bearish Flag pattern in the 1h chart, and this could lead us to the open gap at $ 105.39, which is a nice target for us here. There’s still time for a reaction, and AMD could avoid this bearish scenario, but it must react quickly in order to reject this pattern. In the daily chart, we see that it wouldn’t be easy for AMD to drop all the way to the last gap, as it has its Fibonacci’s Retracements working as support levels too. For now, I must say I’m neutral on this, as we see better options around, but it all depends on how it’ll react from here. Any good reaction now, or at the gap at $ 105 could be a great opportunity to buy or add positions. I don't see it as an opportunity to sell, as the Risk/Reward ratio is not attractive to me. I’ll keep you guys updated on this, so, remember to follow me to not miss any of my future analyses.
NASDAQ:AMD
by Nathan_The_Finance_Hydra
LTCUSDRPRICE ACTION • A steep downwards price action initiates from (1) till finding first resistance (2), creating the flag's pole. • Price action reverses direction from (2) and forms higher lows and higher highs in a narrow flag formation till it finds the highest support in the formation at point (3). • The pattern is completed when price action reverse direction from the last touch to the upper flag border and goes downwards till it breaks the lower border at point (4).
Short
by Adam-Robinson
1
SOLPRICE ACTION: • A steep downwards price action initiates from (1) till finding first resistance (2), creating the flag's pole. • Price action reverses direction from (2) and forms higher lows and higher highs in a narrow flag formation till it finds the highest support in the formation at point (3). • The pattern is completed when price action reverse direction from the last touch to the upper flag border and goes downwards till it breaks the lower border at point (4).
Short
by Adam-Robinson
1
#Bitcoin Potential Bear FlagHi everyone, Thank you for considering reading my idea. I think we are forming a bear flag with two potential targets. Target 1: If we break down the lower line of the flag, target could be at $29,000. Target 2: If we get supported and break R1 but get rejected on R2, target could be at $30,800. Let's see if this pattern will get invalidated. Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR. Follow me on my Twitter as well linked below. Cheers, Juvs
BITSTAMP:BTCUSDShort
by Juvssss
6