Sellers are looking exhausted here. Buyers should pick up soon but BTC is moving so be cautious. A drop below 24 sats would likely invalidate this. A break above the line could see a huge movement if this breaks through and causing the start of a new uptrend. We have seen big moves on other coins with the same patterns. Volume is key. BUY 25-30 Sats 1st Target:...
Hi everyone! Before we get started, take a second to hit the like and follow button to get updates on this chart! This is a short-term action plan with finally some good action in the past few hours on Bitcoin. We are heading towards the Monthly and Weekly close this Sunday on Bitcoin and we should always be prepared for both eventualities. Bull scenario: ...
Hi All, Keeping my eyes peeled on this potential I-H&S pattern forming on Bitcoin . Validation will be clear breakout and close above "yellow" neck-line. Pattern will indicate a continuation in trend... Bull Trend Upwards :) Pattern Target would be set around 9375 Ciao, A
Inverse Head and Shoulder is completed now. So I'm waiting for conformation --> cutting the neck line with high volume. Stop loss is debatable. I prefer tighter than this. Nothing wrong with looser as well. _________________________________________________________________________________ If you've found the idea helpful - please like it or smash the follow...
I see a Possible Bullish Scenario forming: Daily close above 4140 with successful retest will maintain the neckline of POSSIBLE iH&S Scenario if iH&S scenario got valid, Targets would be(based on Fib extension&MAs) TP1 ~4550 TP2 ~5250 TP3 ~5925
look a that...pretty bullish and goal is: 0.00013 sats it means that +230% gains from current price range here we go!
Quick trade. Here is the grit: Inverted head and shoulders pattern on 4hr time frame. Bullish divergence on RSI. MACD just crossed into bullish territory. DMI is long along with ADX gaining momentum. Suspect some resistance at 610. Selling half of position and setting a 2% trailing stop to sell the rest of the boat. Enjoy!!!!! ~~~~~~~~~~ Not investment advice
got a symmetrical triangle, inside a larger symmetrical triangle on the bearish side of things...on the bullish possibilities we have a inverted head and shoulder setup and the larger falling wedge pattern....probability in the immediate term suggest a breakdown as we are currently below the inside symmetrical triangle...however there i still time left for a...
Longest inverse head&shoulders pattern in BTC/USD history. Well, let's play this scenario, pray for 13th May 2019... And yeah, if this case will realised, the ultimate bottom will be at 2500$ on Bitfinex and around ~2440$ on other exchanges like Stamp, Coinbase, Mex...
Bullish Gartley Symmetrical Triangle Falling wedge RSI bullish divergence Inversed H&S (visible on naked eye)
Hey Traders, I really hope this happens tbh. What are your thoughts on this? Please let me know!
long position 3925-3935 opening >target 1: 4560 >re-open long with more margin at 4380 >target 2: 5120 >open big-short at 5170 >target 3: 2440 thanks me later...
Here is one for the IHS case everyone seems to be expecting. We had a very similar pattern in july 2018. Indicators and oscillators exhibiting same arrangements. One thing to note is that in both 2014 and 2018 bear markets, BTC has always reached the top of the downtrend cloud once breached. In this case, that would mean an eventual move to 4800 area. Of...
Hey guys, this is how I'm going to play the inverse head and shoulders if it decides to act soon and doesn't get invalidated. That means that the price needs to stay above 3685 on Bitfinex. What do you guys think about my thoughts?
Hey guys, this is how I'm going to play the inverse head and shoulders if it decides to act soon and doesn't get invalidated. That means that the price needs to stay above 3685 on Bitfinex.
Should see a move up to around $5,500 here... looks to be following this pattern almost exact.
Above is the ideal scenario for the inverse head & shoulders on the 4h BTCUSD charts, as per Bitfinex prices. $3,700 is a critical level, not only because it is the .618 fib of the entire wave from $3,200 to $4,380, but it is also the support level of the left shoulder. As long as this level holds, the IHS and cup & handle patterns appear valid, for at least a...
DOUBLE PATTERN CONFLUENCE OF EVIDENCE TO INDICATE A VERY BULLISH 2019 START FOR XRP/BTC -BULLISH PENNANT(FLAG) -MASSIVE INVERTED HEAD AND SHOULDERS SHOULD PLAY OUT BEFORE END OF JANUARY WHERE I ALSO BELIEVE A CORRECTIVE WAVE WILL HIT BTC, SENDING IT BACK TO POSSIBLE NEW LOWS. THIS CONVERGENCE OF EVENTS POINTS TO A HIGHLY POSSIBLE BULLISH RUN FOR XRP.