Inverse head and shoulder pattern spotted for DGBUSD.
Buy at the end of this month on 05/29..
Sell around .73 (.70 to be safe)
will it double up in a week????
Well, those of you who got into ETH down below should be happy.
But there might be more, as long as BTC doesn't mess this up (and I have a feeling it will)...
There are some nice jumps to be made with ETH between heavy resistance.
Alts are fairly coupled with BTC and if bitcoin gives them that little push they need to get over resistance, then we have ...
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 ...
Folks, I want to be clear ... I believe we are in a bear market, very little doubt otherwise.
I have presented 2 scenarios, one being that we are going down to 6.9k or so as part of a wave E of a triangle wave, and the other saying we are in an impulse up and are just experiencing wave 2 which is a natural correction .... and that I believe that WAVE E (down) is ...
I'm sure some of you have seen the massive head and shoulder forming for ETH on the higher time frames.
Last week I posted a possible IHS forming on ETH (see black line).
ETH has been generally holding up fine as BTC weathers down (compared to other alts), so I'm not totally switching
off of it yet.
Here's what i'm thinking ... I got in close to the neckline ... ...
Risk on mood rallied NZD after recent sell off due to RBNZ dovish minutes release.
Reverse H&S pattern could provide early signal of trend reversal. Pattern MPO hitting 38% retracement and the down trend line, just below the 200 SMA.
No major CAD or NZD data release this week. As long as the risk on mood stays, technical set up has a high probability, with good ...
Hello again friends,
Today I'd like to share with you my view on NEO. I will preface by saying I have a bullish bias towards NEO because I love the project, I love the model, I love the community they've built and I really think NEO is going to have a fantastic 2018. I feel the same for other smart contract coins as well, I think the use cases of these coins ...
As you can see we have been in this parallel channel for a while now. We have a parallel channel and also a potential inverse head and shoulder in play here. Looking at the price action, buyers seems to be strong now. Previously at upper resistance we saw some strong exhaustions followed by long red candles. However, after we have rebound from 7900, tables have ...
If the inner pattern plays out (purple), the outer (cyan) might be more likely to happen, which would increase the likelihood that we've bottomed out long term.
DISCLAIMER: This entire idea becomes meaningless if breakout above 8400-8500 doesn't occur in the next couple days.
My long-term preferred count indicates, that a long-term low could be in place with the test of 0.7410. A clear break above resistance at 0.7567 will be a strong indication that this is the case.
If my long-term count is correct, then wave 2/ bottomed with the test of 0.7410 and a new impulsive rally is about to begin in wave 3/ for a rally to above the peak of ...
W/ Confirmed breakout, PT ≈ 3.7.
Correvio completed CRME aquisition effective today. Also Q1ER w/ EPS miss, but REV beat. HS inverse w/ + daily detected momentum and MACD ready to cross, right after golden cross of 50 & 200 DMA on 09MAY.
See chart. Note: PRICE MUST BREAK RESISTANCE AT $17.47, IF IT DOES NOT the stock may consolidate in that small range or fall.
If a breakout is confirmed, at the very least I would expect UA to fill the gap between $21.4 and $24.97.
![BTCUSD: [BTC] Bullish Inverse H&S Symmetrical Fractal?](https://s3.tradingview.com/m/mRS2fvci_mid.png "[BTC] Bullish Inverse H&S Symmetrical Fractal?")
