Our favourite pattern H & S , there are some supports below , after touching the first we can decide what the next movement will be . Of course to not lose your money you can set stop losses under the every support and then buy amount that you need insteed buying in parts
@fiksiplay update on this please, what might happen next?
zaratustra
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I wonder if this is going to be that obvious...
Ginossim
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I bought at 2 way back, so sell now and ladder back in...
Bovem
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Dont think it's an issue that the volume doesn't support H&S and the neckline had already been compromised before the head was even created?
I've seen tons of ugly head and shoulder formations in crypto, but the one thing that crypto H&S patterns usually follow, is the neckline.
In an attempt to appease more points of a proposed neckline, I would think that the right shoulder would actually end a little lower in price; maybe somewhere around $5.10.... Thoughts?
razumcapital
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@fathomdesign, yeah , formation is mostly for people understanding, here I use the breaking of main support or neckline which I set on 6.7 $
MaxL82
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Don't think it will happen but it would be nice if it did :)
Ready to load up...
Galexg9
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I really hope this is 1000% accurate... I want get 1k shares to hold on to.