In this idea, I'll tackle the bullish pattern, inverse head and shoulders forming for $BINANCE:NEARUSDT. Currently, it is sitting on the neckline, and I've been monitoring this coin two days ago. I'm now lending this idea as it could have a potential for a breakout anytime soon. More details for the technical analysis for NEAR in my idea threads below. Stay tuned :)
Ripple is going to complete an head and shoulder that will push price down a last time to touch long term support trendline This will be a good entry point to catch the long waited upside move
It seems that big push to 65500 was just a trap, as expected. We are still on track with my previous idea forecasting BTC to consolidate around 52000 to 54000 for the next 2 months, until July. As you can see on the 2H chart, we experienced a failed inverse head and shoulder pattern. Price target is 53500 cents within the next 7 days. Remember, patience is paramount.
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
EGX30 Possible Scenarios : 1. Bullish scenario following the blue lines. 2. bearish scenario following the black lines.
A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
Parallel trendlines with embedded head and shoulders inside another set of parallel trendlines with embedded head and shoulders. Rates are set to crash. When bad news becomes bad news, look out below. Overall in the economy, there is too much supply, no where near enough demand. This is the last chance to get guaranteed yields in dollars this high for the next...
Inverse Head & Shoulder is a pattern that could potentially lead to higher prices if it breaks its resistance level. Here there is something that looks like head and two smaller shoulders.
It's a nice pattern Thought I would share May be of interest to share holders ;)
TNX just bounced off the bottom end of its ascending channel and formed an inverse H&S while doing so. Kind of scary looking for bulls.
SBUX SBUX has been a volatile stock since 2018, a characteristic that tends to be unpopular among investors. Between April '21 and January '22, the price entered a distribution stage, forming a Head and Shoulders pattern. The breakdown of this pattern, along with a Death Cross signal, marked SBUX's entry into a downtrend. The downtrend persisted until May '22...
Heads up: Head and Shoulders seem to be forming on the daily chart. I am still waiting on the right shoulder to form as confirmation. Furthermore, we bounced off the upper highs trend line, so I see a strong indication of going up. I am building this chart on my previous idea:
It could be a HOT summer for the gold and silver bugs And the speculators in the mining sector! WPM ( formerly Silver Wheaton #SLW) Has a broken out of a inverse head and shoulders Two targets provided Also important to note this inv head and shoulders is a continuation pattern not a bottom pattern.
A return move to previous high's is what the inverse head 7 shoulders is forecasting. Which is likely to happen in the next couple years. 30 years to get back to those levels! An entire generation! It's why deep capital markets , technology, having the reserve currency $, some financial doping, an entrepreneurial workforce, and degen investor base all...
I would love to see this company get #REKT It is a net negative on western society and our children. Went Woke now growing Broke. Any serious scandals that emerge regarding child abuse , trafficking, could send this company to the brink ... let's hope hey.
Budweiser chart looks constructive expect some Clydesdales advertising over the summer with strong American branding! The outrage over the recent debacle will pass as thee news cycle has already passed :)
BINANCE:BTCUSDT 4H Analysis NOT FINANCIAL ADVICE TL;DR BTC continues moving downwards towards the 60k mark. A bounce there would validate the IH&S pattern and open the way for a W3 to 71k. We have a lot of confluence: On top of being the right shoulder of the IH&S pattern, a retrace to 60k would be 0.618 fib of the last leg up We are seeing some...