BTCUSDT has been moving down Head and shoulders for several days. Probably further movement down this figure. The head and shoulders are automatically identified by my script:
Last week's surprising jobs report sticky inflation, and persistent and frothy financial conditions may force the Federal Reserve members into a more hawkish position, forcing them to keep the heat on interest rates and the money supply. Many market participants were looking for a pause in rate hikes as soon as next month and possibly a pivot to lowering rates...
By no means is this any financial advice. Since we've all seen the news that was released about Bed Bath & Beyond reportedly raising $1 billion in the stock deal to get out of loan default. now that means they are diluting the shares. Shares of the retailer are heavily shorted, with short interest standing at about 53% of the float, according to data compiled...
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.
I think Tesla will be a good buy for December! NASDAQ:TSLA has reached the lows of March 2021 ($179). The Hazel Heritage Indicator gave me my favorite signal, which is the "untested low", pointing out when price has crossed through a pivot low that has never been tested before. This signal has a 92% success rate of creating a new pivot low. Price also has...
This chart shows that personal saving is at the lowest in US Record . TIC TIC TIC BOOM NO SAVINGS RECORD HIGH RATES ON CREDIT CARD . AND CONSUMER SPENDING AT A RECORD HIGH . . ONCE UNEMPLOYMENT TICKS UP I WANT TO PUT THIS OUT THERE THEREIS ONLY TWO THINGS THAT CAN HAPPEN 1 PUT CASH DIRECT INTO THE ACCOUNT =INFLATION OR CONSUMER CREDIT DEFAULTS ...
Bump and Run Reversal Bottom Pattern The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
There hasn't been a pullback on the weekly chart since the downtrend structural breach at 1820. I'm therefore aiming at the 1852 level of the 50% fibo retracement. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Potential Head & Shoulders in play on BTC so watch out We could be looking at dropping down to $21k this week with a head & shoulders forming. IT would make about sense with that heading back to the CME gap along with an unfilled weekly pivot.
This has had a good week, and this being the year of the rabbit its got good meme potential right now. i think its possible we get some kind of cup and handle pattern forming at the previous high and then a big move up, its been around a while , i think it started out as spunk bunny or something and pumped on an Elon Musk tweet, since then theres been a migration...
I placed a bid to purchase 100 units of this stock at 43.00 as it broke its resistance of 42. My cut-loss is set below this line.
After another head and shoulder that broke to the downside, we find a similar pattern playing out. As the RSI is pointing down whilst there is a downtrend in play, we are looking for the head and shoulders to be completed and break down. The next target corresponds with the previous supports of dec. 2018 and aug. 2017.
11-1-2023, Head and shoulder pattern seen in kotak bank In 1D timeframe This analysis might not be perfect, nor we are sebi registered This is our own opinion Do not take any trades by just seeking this, take it on your own risks
This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for Binance Coin BNB are: BNB/USDT short Entry Range: $270 - 280 Price Target 1: $255 Price Target 2: $239 Price Target 3: $219 Stop Loss: $298
AAVE, previously LEND, is one of the lending companies that are not down yet. Most likely it will feel the contagion of FTX on others. I have a short position in it since this post: AAVE/USDT short Entry Range: $57 - 59 Price Target 1: $50 Price Target 2: $37 Price Target 3: $20 Stop Loss: $69
ANKR most likely to go to the level where its bull run has started, after the recent Infinite Mint Hack. My price targets are: ANKR/USDT short Entry Range: $0.020 - 0.024 Price Target 1: $0.016 Price Target 2: $0.011 Price Target 3: $0.009 Stop Loss: $0.026