https://www.tradingview.com/x/CP1qRhOU/
Looking at the above chart snapshot, a bigger picture is showing that the price has been confined in a channel for a very long time!. KIWI now targets the 0.66300 area of interest of the upper channel. The main chart shows there is an inverse head and shoulders formed on the 4 hours charts. If this pattern break and the ...
The MACD looks to be making a move to the bullish side with a divergence along with RSI maxing out at a low. There could be a bounce to the upside which would align to some very interesting time frames.
There is a chance it could be an inverse head and shoulders in the making in the weekly time frame. This would mean:
1.) Bullish through to December which ...
The pair has been in a sell off channel since end of January 2018, with trade wars having a particular effect on AUD, as it is a risk-on currency,dependent highly on trade with China. USD, becoming more of a safe haven now, has been on the rise. After hitting the 78.6% fib retracement, we have a bounce. Price action shows the beginning of a potential reverse H&S. ...
When charting, we always want to look at both the USD and the BTC pair. Both should be in unison to form an actual trend.
Right now, XRP/USD has some bullish support through the 50 MA and the Inverse Head&Shoulder structure.
Major resistance is around downward trendline that's basically been established since the beginning of the year.
While Ripple already broke ...
With respect to the tradingview community there are several instances when the majority of opinions on any given security are sell when it is probably time to buy and vice versa. In my humble opinion the former scenario is in play as far as BABA is concerned, short term at least. We see a loosely formed inverse head and shoulders (there is not a clear right ...
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 ...
Inverse head and shoulders formed on WANBTC here, looking for the reversal. Altcoins in general look like they're poised for a big move up... similar maybe to the bull run in April
Thoughts are appreciated very much! I'm not looking for followers necessarily but I am looking for edification. On the current 4 hr, ONT has passed the 55 and 100 EMA's
on the 4H chart we have broken the neckline on a smaller head and shoulders pattern which here on the daily chart has been completed in the right shoulder on a structure support area. This pattern has not been confirmed yet as the neckline still has a while to go, but the 4H chart does confirm to me we will see some upside so the completion of this larger pattern ...
Technical Analysis of VET revealed that there is going to be trend reversal soon. According to various indicator such as MACD and DMI VET will become bullish in the mid term. Nevertheless, Stoch RSI indicates a small price decrease in the short term which will finish very bullish pattern Inverse Head&Shoulders. This scenario is strengthened by revealed hidden ...
This is the bullish short term scenario for BTC. BTC is currently testing local support of 6400.
Note: My long term bearish scenario is still in play.
- Pattern shows what looks to be an inverse head and shoulders. Neckline to head indicates a rise of $250.
- Critical supports still stand at 6100 and 5800s
- Local resistances are 6400 with critical ...
This will be a short post because there is a lot of verbiage in the chart. Generally while I definitely see a few bearish signs in Goldmans chart most are relatively bullish. Keep in mind these are weekly candlesticks used to project what may happen in several weeks or potentially months time so don't infer anything about day to day movements from this analysis. ...
Bitcoin Updates Bitfinex
Bitcoin finally broke higher at the highly inconvenient time of 01:55 Bst 20:55Est.
For those lucky enough to be around for it this triggered a long from " the break above 6500 for a scalp to 6616.
If volume stays low look to close down a little below here .
The 6616 line is the neck-line of the still smouldering IHS.
Any break above here ...
BTC found resistance at the $8500 mark followed by a decent move to the downside
It managed to stay above $6000 horizontal support and a retest of 0.618 fib retracement ($6800) is very likely (descending broadening wedge reversal pattern visible on the 4h chart: https://www.tradingview.com/i/Ann7w7kd/
IF this happens it might also be the right shoulder of an ...
As you can see, there would be a classic inverse head and should pattern on DXY chart.
Also daily chart has a distinguished divergence on RSI and MACD.
![XRPUSD: Ripple [XRPUSD] | Consolidation [Inverse H&S]](https://s3.tradingview.com/f/FaXmG7qW_mid.webp "Ripple [XRPUSD] | Consolidation [Inverse H&S]")
