Finally the move to Fib level we expected Now if bullish vol increases, we'll have the confirmation of the IHS reversal
All eyes are currently on the potential inverse H&S that might be forming its right shoulder on this pullback, and if completed it could take the price to around 5300-5400 area which is the projected target of the pattern. As we've all noticed, when everyone expects something due to it being obvious on the chart, BTC tends to do the opposite, so don't put too...
The pattern would be validated at the breakout of the neckline. Long at the breakout. Levels as described on the chart.
From the blue line, we could see a possible cup and handle forming. Besides that, an inverse head and shoulders is also spotted in the chart. Good luck! cryptovan168
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...
The Dollar has retraced towards it Fibonaci level of 61.8% since its high in the beginning of January 2017. It has now found resistance at that level of $97.82, testing it since November 2018. Simultaneously, there has been an ascending triangle forming. You can see the base taking shape in March 2018. Usually this would imply a bullish breakout waiting to...
So it`s perfect with 0.236 fibo, dynamic line`s retest and so on..
Price moving inside 4250 and 3200 price range. Sideways in this range will give us opportunity to buy altcoins for short-term. 4250 is Inverted Head and Shoulders pattern Neckline, so track breakouts from it Previous analysis wasn't good from SL placing, it needs averaged entry strategy to avoid such things.
base on fibonatchi and H&S buy currency and tp is 1.62187 . it uptrend now.
I found some late for get good profit, but you can get sell for tp@0.70510 now! good luck
I was waiting to see if this was actually going to form and I am no more confident it will. Lets watch.....
50 EMA has been reached. Hoping to see a rejection here and the support at the 21 around 29.50 area. We get back there I'm long for a while. Could see the holiday fomo send up up here tho. Happy Trading!
I know its too early for this but volume profile and RSI fits this narrative. This is just a guide for future reference. A probable inverse head and shoulders on the daily Time Frame. We are going 4500 the 3800 to breach 5k all the way to 5500. Altcoin Market Cap and Total Market Cap is showing similar bottom formation. Altcoin market cap just broke out of a...
Dear Friends! TRON is one of the few alt coins, which are doing great. TRX might soon attempt a break out from it's huge inverse head and shoulder pattern - it will not be easy though due to the very strong resistance. But time your entry well, and if TRON succeed in breaking out - the sky is limit! Good luck! D4! $$$
Potential LONG opportunity finally happening after a crazy rollercoaster ride from a "hawkish" fed speech. I have been looking for the trendline bounce (shown on bottom chart) since my last idea and it has perfectly bounce off it this afternoon. I am now looking to go long term in this pair as the 4H is showing an inverse head and shoulder and the daily/weekly...
XRP has formed an inverse head and shoulders pattern, if we break above the neckline I expect some descent upside.
Dec 22, 2018 14:14AM ET Next week will be crucial, after this correction to Fib level and weekend shoulder, I expect bullish vol and maybe a short squeeze, then FOMO will join thanks also to stocks decline 1D ago Holydays = less pros and more amatour/casual traders = less manipulators/miners dumps and more FOMO 5H ago 2018 is very similar to 2014, both for BTC...