In this post, we'll focus on the head and shoulders pattern formed on the price movement of $BINANCE:SUIUSDT. By the time of this writing, the price is currently hitting the neckline of the pattern. I'll also provide my charting for the coin as well as target areas in my full technical analysis on this idea thread below. Stay tuned and happy trading!
TF: 3D A head and shoulders pattern is forming on higher timeframes for TSLA. If the formation plays out, a drop to around $100 may occur.
This is the potential Inverse Head and Shoulders pattern which we could see playing out on $BINANCE:BTCUSDT. For this, we would want to see a higher timeframe close above the $43.5-44k region
As shared previously, we saw a potential Invrese Head and Shoulders pattern playing out on BINANCE:BTCUSDT , this was confirmed we the declining volume then the neckline break. If you missed it, there is still a chance. Quite often we get to see a retest of neckline breaks like this before trying to reach our target of $50,000
There is an identifiable inverse Head and Shoulders Pattern on XRP daily chart that has a break out measured move of $0.70 as long as we are able to break and hold support above $0.53
Head and shoulders along with weekly MACD... 2008 Vibes!
Mara showing us a potential washout with another round 2 of head and shoulder setup. Purple box potential retracement or consolidation for a couple days then down to the measured downtrend of 6.70. And I even feel that will take a few days Short or PUT options on my horizon if this plays out! I gunna wash that cash right outa their hands! #MARA
Time to bounce, with a possible retest of 18-19k. Classic stop hunt and chop action. Inverse Head & Shoulders. Forget about the FUD going on right now. Look at 2013/2014 bank crashes and compare to BTC. All the money will flow into crypto.
If we were to find support here at the $21,700 level, it may form the Right Shoulder of a Head and Shoulders Pattern.
GRASIM made awesome pattern in 1D time frame that is head-and-shoulder. Do you want to see...then go and track it. By the way, this is for bullish so if are thinking to make position in Grasim Industries, then wait for breakout. Best luck......
This is a follow up of my other idea ''Bitcoin Reversal Signal on Weekly''. Here, I predicted that bitcoin would reverse on the major weekly rsi divergence and it did for sure! Now looking at the daily chart: I don't think this bounce is over yet, I think there is still some juice left. To me it looks like BTC is forming an inverse head and shoulders, this...
Has SP500 really bottomed? This could be inverse head and shoulders chart pattern if I'm seeing it right. :-) There are set ups, market sentiment has improved, FTD day - check, net highs and lows positive, some stock got clobbered during this correction, no one believes this is beginning of new bull market (me neither, but technicals point that we might just have...
FCX is a good company if your a copper and chips follower. I want to post this to see if the H&S plays out over time..... If so Im a buyer.
ETH hit Head and Shoulders target at $1000 on June 22, 2022. Simultaneously, it bottomed out on the RSI and touched high of 2017. The chart is aligning to show a major bottom here. All that is left is to break out of the major and minor wedge patterns that are aligned as well! Do you agree?
AMB breaks down head and shoulders pattern. Target = $37 in February 2023. Also consistent with down sloping support in parallel channel and March 2020 lows !!! Please enlighten me if you think I'm wrong on this.
XRP it’s possible that bottom is in… I’m looking at an Inverse Head & Shoulders Pattern forming on the 15 min chart. May reach us back above the 200MA.
Netflix (NFLX) has been forming an ascending broadening triangle since May and fully established a support level between 162.71 and 169.70 from the middle of May to the middle of July. Then the price reached a resistance level of about 250 in the middle of August. In my opinion, NFLX is nearing the end of a 2+ week consolidation period and has formed a bearish...