Zoom might have reached the bottom of their sell off, however we should be cautious entering positions with the current set up.
We have the bears and bulls fighting for dashed green trendline. So far, the bulls have been able to buy up the green zone, however, even though we see a small uptrend over that last few days. We have a negative delta divergence on the...
@cptWORLD Gave some great insight on zoom so I went back to review and adjust accordingly at the the end of the day.
The bears failed today which I wasn't expecting until the last green trendline. This made me adjust my buy zone up slightly to 430-455. However, we need to see tomorrow and over the next few days how price reacts to this trend. Right now we are...
storng patterns bring strong moves,
Head And Shoulder bottom or fake one !?
The divergente RSI and the PRice movement, says enough,
here i share with to enjoy it together,
let me hear your opinion,
ANKRUSDT is creating an inverse head and shoulder and the neckline is on 0.382 Fibonacci level.
IF the price will break the neckline, and flip it into new support, According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure...
The right shoulder taking on the form of 1 month rectangle consolidation pattern. A daily close above rectangle resistance upper boundary would set the stage for a rally to test head and shoulders neckline (blue line). A daily close above the neckline will confirm the 6 month head and shoulder bottom and set the stage for a run to higher grounds.
Interesting 17 month long head & shoulders pattern developing on MKR. Target is 2x head to neckline measurement, that would also re-test the horizontal resistance and beginning of neckline from June 2019 high. Price otherwise looking for support from the VPVR Point of Control around 0.047, while RSI has broken back into neutral territory from bearish. CMF has...
Price has been in a long downtrend and finally hit a key weekly level. Price began to range and form a head and shoulders reversal pattern. Heat map indicates that we are looking for buys along with the recent strength of the USD. The Danish Krone is also pretty weak compared to the recently bullish dollar and is starting to sell off around its key level. The MACD...
NYSE:AMRX forming a possible 8 month #HeadandShoulder bottoming Chart Pattern. A clear horizontal resistance neckline define where the breakout need to take place. Chart pattern has a potential of 50% price appreciation.
An inverse head and shoulders , also called a "head and shoulders bottom" , is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the...
continuous head and shoulder pattern is forming on BTC Price
After Breaking BTC Neck Line And probably pullback and full Breakout.BTC goes to Depth of Ocean.
Whales control the price of bitcoin, and investors and traders are the toys of their policies.
Recently a reversed Head and Shoulders formation was created declaring the end of that massive bearish trend. The neckline of that formation is the blue bearish trend line and our main resistance here is the 1.09300. Next week we think a correction might occur as the break of the neckline wasn’t that strong. So our buy signal will be the break of the 1.09300...