The BINANCE:ETHUSDT chart on a 6-hour scale presents a compelling scenario with two notable triangle formations. The first, a smaller black triangle , seemed poised for a bullish breakout, but the pattern has failed to materialize as expected, indicating potential weakness or consolidation. In contrast, the larger white triangle , encompassing a broader...
After a thorough analysis of the BINANCE:ETHUSDT chart on a 6-hour timeframe, I've observed a complete Head and Shoulders pattern, with the neckline breached near point B. The pattern indicates a potential SHORT trade, with a target of point C at approximately the 0.618 Fibonacci retracement level of the prior uptrend, corresponding to a price of 2083.91 USDT...
CVAC CureVac N.V. (CVAC) (biofarmace) ⏰ TimeFrame: 1 Month 👉 Chart formed Bull Head & Shoulders 👉 Macd formed Bull Cup & Handle 👉 Fibonacci measure ✔️ (Log) Chart & Fib ✔️ (Log)MACD
The Fed exists for the banks. Don’t get it twisted on their mandates, will he play dove to save NYCB! Won’t be surprised, could be a fun trade with a really tight stop loss
Considering the current market trends and technical indicators, I'm initiating a SHORT position on BINANCE:ETHUSDT at 4220. This perspective is based on comprehensive trend analysis, Fibonacci retracements, and a developing head and shoulders pattern. Please remember, this is merely my trading strategy based on my market analysis and is not meant to serve as...
Hut8 has a lot of Bitcoin on its balance sheet. Bitcoin mining fees are going up due to Bitcoin NFT and ordinals. Bullish AF.
Looking for any buy opportunities since price is breaking out the bearish channel and the inverse h&s we are sure that eventually price will push to the upside..
Hi guys In my opinion, the rising guard of the chart is quite evident. The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term. On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (; what do you think!?
Needs to sty above both green trendlines to trigger the breakout *not financial advice*
🐸 PEPE token , which was once in the shadow of other famous meme coins in the market, has now become the leading meme coin in the market with its growth of about 136% in the last week . 🐸However, the resurgence of the cryptocurrency market is not the only reason for the significant growth of PEPE, and the role of the X social network , where more than...
(if we are lucky ofc) The network is pretty much unusable right now for regular people. A Rich man's chain. Either way the ENS chart presents a potential inverse head and shoulders that has a large log target reaching back to previous high's makes sense to me.
#FTM looking good forming an inverse head and shoulders As #ETH gas fees explode layer 2's . EVM forks should start catching a bid teased us with a false breakout ,,,, but giving us more of an opportunity to accumulate I expect next summer to be well above a $1
Neckline is @ $4.43 another 70 cents or so We obviously don't how these coins will react at these necklines if they are met with resistance breakout strongly only to come back down and retest the neckline But this should give holders hope for double digit prices --- at some point Best of Luck
AUDUSD is looking like to form a rounding top pattern and overall price is getting accumulated to short. Good Luck to All!🙌🏽😎
What market participants expected: - 2023 Sept: Betting one last rate hike (a 4th in year 2023) in Nov/Dec FOMC meeting. - 2023 Dec: No rate hike in Dec FOMC meeting. Afterwards, expected the Fed to cut in March 2024 What the Fed told us: - According to the 'dot plot', majority of committee anticipate a 50-100 bps cut by the end of 2024. - Powell once said...
Do you think the head and shoulder pattern is being completed? In terms of wave counting of Elliott waves, it looks like this
Following the US cash open, we can see precious metals have been broadly bid today. The price of spot gold (XAU/USD) and spot silver (XAG/USD) are +1.7% and +2.8% higher, respectively, at the time of writing. Despite UST yields advancing and the Dollar Index offering very little, both gold and silver are outperforming! Resistance is limited on gold, paving the...
Overview Bitcoin is the best litmus test for the crypto market. Whenever I can't get a read on a particular token, I refer back to Bitcoin. After reviewing the chart I believe Bitcoin is on route to $100K. Honestly, I wouldn't be surprised if it rockets pass this price and hits the next key Fibonacci level around $150K but that is months down the line. For now...