ITC has given a weekly closing above its supply zone of 260-265 after 3 years also breaking its previous 52 week high with very heavy volumes. From the chart, it is clearly visible it is an inverted head and shoulder pattern and stock has given closing above its neckline. Let's see whether it sustains the breakout and bring happy faces on many investors' face;)
HAL has been testing the 1500 levels from last 7 months. It is a good long trade if it closes above 1500 today since it has never given a daily closing above it. It is a breakout from inverted head and shoulders pattern and target can be 15-20% positionally. Stoploss can be below 1410 DCB. Just for educational purpose.
XRP will give you a life-time opportunity to buy for an extremely cheap price, around 0.18 USDT! It's going to happen probably very soon, so make sure you are prepared! This is a whole chart of XRP from 2016 to 2023. As you can see, the massive pump in 2017 was very strong, and right now XRP has been consolidating in this bullish regular flat pattern (3-3-5)....
FA V - YES IV - NA G - YES TA - TR - soon ( bullish ) - Broke previous downtrend ( bullish ) - Inverse H&S ( bullish ) - Cup & handle ( bullish ) - Ascending triangle ( bullish ) - > MA - Yes
The new monthly candle is closed as a DOJI. This is one of the most powerful reversal candles that can happen at the end of a trend. The previous candle from January was a huge green candle, so this DOJI from February is an indication of bullish exhaustion. The bulls were not able to continue the uptrend, and the bears stepped in. This is the psychology behind...
The S&P 500 has formed an Inverse Head and Shoulders pattern at the 800 EMA after bouncing from the Potential 1.414 PCZ of a Bullish Butterfly and filling the gap below. Now the SPX is looking to breakout Bullishly and Target the .618 Retrace to fill the Gap above and perhaps go even further beyond.
Why I am bullish?: Clear inverse head and shoulders pattern with a decisive close above the neckline on the daily chart. I am looking for a return back to the neckline to potentially add to a new long position. Volume is about as perfect as can be with light volume around the head and strong volume on the rally up to the neckline from the right shoulder.
Possible inverse head and shoulders forming on the H4 for $ETH If this right shoulder can hold above the 200ema and we press the neckline, it's an easy push to the prior high at 1730 area imo. Cheers
Quick 3 daily chart on FARM/BTC pairing: - RSI and OBV have been moving up as Harvest Finance moves down vs. Bitcoin. - Pattern confirmation would be a close and hold above the yellow neckline
Inverse Head and Shoulder pattern on monthly time frame with recent what seems a decent monthly support. Also Fib 0.382 from low to high - signalling possible Bull Flag.
It has been one of the best 2 months in crypto history, with tremendous gains on altcoins. Euphoria is at a very high level, but it's going to be even higher because ETH is forming this incredibly bullish pattern! My main focus is and always will be on altcoins, and I am monitoring all futures + spot pairs on major exchanges. I prefer to trade on leverage, so...
We have what could be a Bulliish Gartley entry at the Right Shoulder of an Inverse Head and Shoulders pattern that lines up with an all time 61.8% Retrace if we bounce from here i'll be targeting the square up.
Let's wait on the retracement and the hold of a good support.
Company website- www.bosch.in Founded in 1886, into multinational engineering electronics, presence is over 60 countries worldwide. Major product line- Automotive Aftermarket parts ( battery, spark plugs, wipers, brakes, clutch plates etc ) and smart mobility ( autonomous and Iot enabled ) Household appliances- fridge, dishwashers, washing machines,...
I would like to share with you an idea that I have been pondering on. Please note that this chart is not intended to be taken as financial advice. After a decent upward trend, Bitcoin appears to have stalled below the resistance of 25000$. My theory is that we may see a pullback to the previous all-time high, potentially forming the right shoulder of an inverted...
The current price of GALAUSDT is testing a dynamic resistance level in the $0.05 area where the market also has a static daily resistance level. Additionally, the price is creating an inverse head and shoulders pattern, which is a technical chart pattern that may indicate a potential trend reversal from a downtrend to an uptrend. An inverse head and shoulders...
ACHUSD has some Bearish Divergence on th RSI at the list price and the 200SMA and looks like it could be setting up for a Pullback. If it pulls back we should look at the potential for it to form a Right Shoulder that could lead to a bullish breakout on a later date.
Perfect support retest of the bottom trendline of the green horizontals channel. In reaching there price also broke above the purple falling wedge…we can also see now that price is testing the turquoise neckline of an inverse head and shoulders as well. I have put the inverse head and shoulder target and the falling wedge targets on the chart for now. Will add the...