BITCOIN: Bearish – Head and Shoulders + Ascending Wedge Two classic Chartist figures were detected by the Wolf of Zurich: 1- An “ascending wedge” which would bring the price down towards $62,632. 2- A “Head and Shoulders” which would subsequently bring the price down to around $52,080. The EMA.50 and 200 also remain potential targets caution.
Hi. COINEX:BTCUSDT ✅Today, I want to analyze BTC for you in a Weekly time frame so that we can have a Short-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BTC has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to...
Hi. BINANCE:POLYXUSDT ✅Today, I want to analyze POLYX for you in a 3D time frame so that we can have a MID-term view of POLYX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). POLYX has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to...
Hi. BINANCE:BTCUSDT Today, I want to analyze Bitcoin for you in a 4H time frame so that we can have a SHORT-term view of Bitcoin regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Bitcoin has formed a Head and shoulder pattern but the neckline has not been broken yet! if the price...
The price action momentum over the last month or so in the QQQ has begun to slow down. Price within the main black bull channel seems to have shifted into a more shallow (blue) bull channel, which is a sign of slowing momentum. This shift into the blue channel gives better chances that the bears could take control if the black channel is lost by the bulls. A...
HUGE UPSIDE POTENTIAL Fundamentals are there. So it TA. The inverse head & shoulder pattern has spoken: first target is $109. Then possible pull back & consolidation at our breakout level of ~$80 I expect a return to $200 at the end of summer 2025 but timing market is just 🔮🤷🏻 NYSE:AAP #AAP
In this chart of BINANCE:COTIUSDT , observed a head and shoulders pattern and for the past 3-4 days, the price of COTI rose to more than 50%. As the thumbnail shows, the pattern had a breakout. Will it surge continuously, go sideways or maybe a reversal? I will provide updates on my full chart analysis in the threads below. Happy trading to everyone and a Happy...
4Hr head and shoulders on APPL. Could see a pretty substantial breakdown Once this right shoulder completes formation. Possible $10 point gap down.
Traders, Per usual, I am a little ahead of the crowd here. But I feel it's better to have all perspectives in mind and to be prepared for multiple scenarios than to have never seen it coming. With that being said, here's is a potential future pattern on the BTC daily that may be developing and is something we should all be watching carefully because if it plays...
As I explained in my previous post, everything seems to be working out fine, and in profit. We are looking for a break above the neck and possible retest to add more longs.
Possible head and shoulders set up. I think we bounce here off the neckline back to around 460. This is just from a technical view news could possibly alter this but I was right on the recent drop to 420 so I think a move back to 465 should be appropriate and NVDA makes large 20pt moves like nothing so its really not that big of a move in reality.
TSLA after bouncing back up thanks to a Bullish ABCD with Bullish Divergence is now backtesting the Neckline area of a Bearish Head and Shoulders while Filling a Gap at the PCZ of a now Bearish ABCD that it's formed on the way back up a leading into this zone and now it may make its way back down to about $25.00
ADBE is forming a Good old classic Head and Shoulders pattern at the top. I would wait for the that tiny little gap to fill on the top and build short position. Short Entry between 535-540 Downside Target#1 - 440 Downside Target#2 - If you are really lucky, 395
ANKRUSDT Technical analysis update Buy zone : Below $0.0206 Stop loss : $0.0197 Take Profit 1 : $0.0214 Take Profit 2 : $0.0228 Take Profit 3 : $0.0246 Take Profit 4 : $0.0275 Always Keep Stoploss Thanks Hexa
Hello Trader, I hope you've had a successful trading week so far! Let's have a closer look at NZD/JPY. It's displaying a price action reversal pattern, specifically an inverse head and shoulders, on its hourly chart. Currently, the price is trading near the neckline breakout at 86.939. Stops are set at the mid-right shoulder: ST: 86.550 Target 1: - 62%:...
The GBP/USD has broken a long-standing upward trendline and formed a head and shoulders pattern. Therefore, I expect the price to fall to the next significant support level. Daily: If you find it useful, like, follow, share! Good trading!
The SPY (S&P 500 Index) resembles a quite clear Head & Shoulders Pattern which is generally bearish. The daily candle chart shows a right shoulder forming with a rejection from the $445 area. With this rejection and a continuation downwards, we could see a harder fall if this aligns with the left shoulder and follows the pattern. The other main indices also...
SOL has seen some incredible gains recently, gaining 100% in 4 green weeks. My most recent SOL signal was a great success, congratulations if you took the trade. In this analysis we're going to zoom out and take a long-term look. As seen on the chart, SOL has broken out of a bullish inverse head & shoulders pattern. In my eyes, this could very well be the...