we can see XRP finally broke the resistance of the horizontal pink line. XRPLedger payments volume is really starting to boom as well on the xrpcharts on ripples website. Onward and upward we should hit the inv h&s breakout target within the next 1-3 1day candles is my estimation. Also greatly widening the gap and dominance over Ethereum and making big gains on...
Price has completed a head and shoulder pattern and is currently retesting break line. Looking for a signal to buy to 1.173. For further confirmation, wait until price breaks daily resistance line and then place order.
Looks like the Head and shoulders is forming quite nicely, and target around 7.7k to the last support, we will still have to wait for the follow through with volume. might be in for some bear flags after that.
Friends When I see the chart at 1 or 2 minutes, I examine the relationship between volume and price with a magnifying glass. What I observe is a predominance of bearish muscle strength over the bullish forces. I see it not only because of the red volumes bigger than the green ones (3 to 7 times more powerful), but I also see it because of the effort it takes for...
the bear pennant did what probability expected it to do and finally broke down...as it did it has now dipped below the neckline of the head and shoulders. There is a chance on the new 4 our candle that one of our 4 support lines can break its fall and bounce it back above the neckline of the head and shoulder before this 4 hour candle closes to prevent it from...
TRX, Entry on confirmation candle over neckline. That can spark a move to break out of the flag and continue the lenght of previous pole. Entry 0.00000421 - 0.00000424 Stoploss 0.00000410 Target 1: 0.00000500
My plan for TRX. If we break neckline of the head & shoulders reversal we are likely to break out of the flag too. Entry: 0.00000421 - 0.00000424 ( Over neckline ) on confirmation candle. Stoploss: 0.00000410 ( Under right shoulder )
Gigantic Head and Shoulders pattern forming. Prepare for destruction down to 4k.
I just found that there is going to be a head and shoulder pattern and buyer can wait for small profit from this pattern. It has a support on 12980 and the resistance on the 16510 where you can do a short for the bitcoin.
H&S pattern right on the top of trend. Volume spike also seen. Downside likely.
If we look at this cart we see a couple of trends. Overall, we see an upward movement, to a peak around $4400. As we look at a volume indicator, the RSI, we notice the the very highest peak had lower volume than the peak before it, leading to what is called a bearish divergence, drawn by the red arrow over the bottom indicator. After this there was large volume...
fibonacci fan potential head and shoulder
Short @ BREAK AND RETEST of the Head and Shoulder Neckline!
Daily Head and Shoulder Down AB Swing/ Retracement from .618 Target 1.618 Strong resistance @ 0.7500 Bearish Engulfing Candle Stick Formation
Aks appears to be forming a head and shoulders or perhaps double top. The weekly RSI closed at 100 showing that this price is severly overinflated. I expect a pullback into 3.26, with support at 2.75, and then 2.50.
Price may reverse from trendline resistance. Disclaimer: Its only my view and trend report.Trade at your own risk