H&s that braks down to negative 20 cents or a falling wedge thatha sa breakout that isn't a negative number...I'm siding with the falling wedge on this one.
Resistance in BTC proving bulls are standing their ground. Expect a push up to 4k levels
A temporary short idea here but the target of this drop could be one of 7 potential targets shown here. To play it safe I am going to be setting a limit buy up right buy the 1 week 200ma(shown here in sky blue) it is conveniently lined up right with the neckline of the larger head and shoulders pattern so I anticipate the price action could attempt a head and...
not going to play exactly like this ofc, but keep in mind that this can happen. Dont get too euphoric yet.
Head and shoulders forming on usdmxn, has hit a long support and is also breaking the downtrend, good risk reward ratio
this idea is gonna remain neutral for now because fakeouts are always a possibility in crypto but we can see we are about to potentially complete a right shoulder on a very ugly looking head and shoulder pattern on ethusd's 4hr chart....we can also see that the 4hr chart is once again quickly approaching a 4hr deathcross....xrp had its 4hr death cross which led to...
of course there's always a possibility of a fakeout still but this break looks legit so far.
I did not mark this idea long or short....we are simply on the precipice of either a huge bullish move for verge or a massive bulltrap fakeout. if btc breaks upward then xvg will likely trigger this inverted head and shoulder breakout which would lead to a golden cross on verge on the 1 day chart which has a breakout bull target of an over 50% increase, but if...
Keep an eye on this one people...chainlink is going back down to retest the rimline of its cup and handle pattern if it solidifies support here and we see some nice bull volume to go with it then it will be a big buy for sure. Currently it could still be a fakeout but probability is currently favoring a validated breakout. Fundamentally chainlink has a lot of good...
There is a solid looking head and shoulders pattern forming on the BTC-USDT daily chart. already had a minor breakout from the ascending triangle pattern setting us up for a good rise in price if the price action manages to break the neckline of the H&S pattern.
Hey guys, Looks like we have a potential inverse H&S breakout to me. Just need some more volume to seal the deal. (Yellow line is the neckline, green outlines inverse H&S pattern) Lemme know what you think.
We can see a 1 hour head and shoulder pattern is threatening to break the neckline right now and if it were to do so we would essentially have a breakdown of the bearish continuation diamond pattern. We eliminated the possibility of it being a diamond bottom pattern when no volume accompanied the fakeout bullis breakout and nwo it is crawling back inside the...
Despite the current bearish outlook on bitcoin we can see that tron has a lot of exciting things currently going for it on the 1 day chart on binance. It has completed a cup and is now currently working on the handle which happens to be inside a very long bull flag. We can also see what appears to be an inevitable golden cross about to occur on the tronbtc pair...
As I was anticipating we have now broken down from the bear flag we were consolidating in on the 4hr chart...and now shown here in yellow is the 4hr head and shoulder pattern if it triggers the full potential drop target for it would be right around 3091 hopefully not as it could very easily invalidate our big 1 day chart inverted head and shoulder pattern...maybe...
likely to push the price down to around .28.
This is my first ever non crypto idea on tradingview but I couldn't refrain from commenting on what I'm currently seeing on the Dow Jones. We can see a big head and shoulder pattern seems to have been triggered which has a drop target all the way down to the 21k range. Meanwhile it seems within the next 2-3 days a death cross is set to occur on the 1 day chart and...
XRP just got a sudden break to the upside both on the xrpbtc chart(shown here) and the xrpusd chart. Here on the xrpbtc chart however we have taken the price action above the rimline of a cup and handle pattern it has been in and if the daily candle can close above this line we have a chance to trigger the breakout on this pattern o this Christmas Day candle and...