Inverse Head and Shoulders

There was upon a time when D4rkEnergY was Top Trader. He was number 1 every where - on THE DAILY, WEEKLY and MONTHLY list - he stole MagicPoopCannon's first place after only making public charts for 2 months! Was it a surprise? Of course not - D4rkEnergY is the stuff in the Universe that makes space expand and even accelerate - The dark unknown force is ...

Let these RSI levels cool off and see if we get a bounce at 7K would be an ideal scenario to push even higher

Sorry guys, "New Neckline" on previous chart was wrong and fixed now. A little sleepy today.

I mentioned 'Wedge pattern' yesterday and bitcoin keep retesting trend line. Then, Let's start the analysis for today's BTC/USD chart. If you are busy, you can just read below briefly '1. Briefing ' '4. Strategy' '5. Summary' and click '+Thumb up, +Follow' :-) 1. Briefing # Shooting Star Candle # Move sideways # Resistance of Neck-Line on Bitflyer ...

Hello im fairly new to TA so any suggestions are welcome! I saw a bullish Div a while back I did not enter any trade on btc but its what i was studying before making a decision whether to buy alt coins or not. I did not get in at the lowest point but thats okay. Positive indicators: Resistance at 6800 was finally broken where the neckline was drawn also! Macd ...

Yesterday’s analysis: Rally should take us to the bottom of the triangle and the 128 day MA - around $7,600. Then pullback to $6,200. From there I expect us to find a base and rally back to $10,000. If you missed it I would highly recommend checking out the Bitcoin Bubble Comparison that was posted yesterday. Patterns: higher low/diamond bottom. Inverse h&s with ...

Hello my friends, Here we are with another BTC Realtime,it's one month and half that with started this idea together and we will continue it to #666 and even more.lol.Again thanks all of you to make me proud of what i do.So let's look at our AMAZING BTC chart.I want to name it "iH&S WARZ" . haahaa I'm so excited to show you what i wait for it for month,but first ...

It looks like BTC might be forming an inverse head & shoulders A reversal here could form the right shoulders in that case we have to wait for a break of the neckline, which would give us confirmation that the inverse H&S is in play Target as shown in the graph If we go a little more into detail we can spot a short term high velocity decline leading to the ...

Recently just completed a textbook Inverse Head and Shoulders pattern on the 4 hour chart. Price is currently struggling at a Fibonacci pivot point so I see price retracing back a bit to retest the support on the neck line then continuing its move up. Love to get your feedback on this, what do you think?

We saw strong bullish momentum after breaking the neckline of the Inverse head and shoulders pattern. We recently just broke an earlier swing low point at 0.683 - 0.6835 but price has slowed down at this point to test this level. We will see if we get confirmation on continuation for a bullish more. Also we still have clear confirmation on the EMA crossover ...

Heeey Friends :) D4rkEnergY is back with another update on Bitcoin. Very soon we gonna witness a race between the bulls and bears! The big question is, who's gonna win. To find out let's take a closer look at the 4h BTCUSD Chart. Since we finally escaped from the descending wedge it hasn't been easy for the bulls. We have slowly and steady been crawling up ...

Inverse head and shoulder patterns are one of the most bullish reversal patterns in technical analysis - when they confirm. Until they confirm, they are actually a bearish pattern. The neckline of the inverse head and shoulders (thick green line) is STRONG resistance until it is broken. If you look at the history of inverse head and shoulder patterns like this ...

A potential inverse head & shoulders is setting up on the Bitcoin chart. Whilst I won't be winning any prizes for originality with this analysis piece (every technical analyst and his grandmother will have spotted this) - keep in mind that correctly identifying a pattern does not automatically result in a successful trade. First the basics. An inverse head & ...

Hi guys! Most of you right now think of this symmetric triangle, continuation pattern and BTC breaking down. However: 1) As someone noted, the same situation was there in April lows, and the symmetric triangle broke upwards! 2) I also see possible reverse head & shoulders pattern on my chart - I denoted the possible outcome by blue arrow. But I don't really ...

Following through from the chart on the 6th. Would like to see consolidation today before another test of our latest high. RSI levels very high at the moment.

Technicals are looking good on this one.. NYSE:HD has room to run if the stock can bounce back to the $191.55 resistance. Stoch is nearing oversold territory and RSI is nearing a short-term trendline that should act as support. Volume dropping as the stock falls hints the bulls will soon come in, however, one must remember that high volume is not needed for a ...

Price action just entered an area of historically strong resistance. Volume looks to have climaxed for the bulls and looks very similar to other volume patterns in the same resistance area that did not have enough oomph to push the stock through the price point. Obviously this will need to be watched for many days to determine if it does pull back and become an ...

Alright, my last analysis called it in too quickly, because right now the bulls are putting up a good fight, so I decided to create a new idea where I talk a lot more of what has happened/the possible inverted head and shoulder. So, this shows all of the classic signs of being an inverse head and shoulders, generally, bottom patterns take longer to occur and this ...