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.
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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...
Nice playout follow the path for Inverse Head and Shoulders. Mot sure of the breakout, if so at yet. 21,800 breakout imminent. Drawn without confluence of Fibs and timely support levels.
inverse H&S. this is for fun guys. first touch the down trend line (could be like the santa claus rally) then pull back start of year. then completing the inverse H&S bounce again and breaking the neckline and the down trend line at the same time.. that would be some cool technical TA if that actually played out. this is just for fun. i could see some of this...
We have an IHNS within this Potential Cup with Handle that could take us up to atleast test the daily open again. If we can get by the daily open then the next target will be the Channel Resistance and if we get above that then we will be going for Cup with handle targets.
AMZN broke above an inverse Head & Shoulders neckline @99 on 27 Jan and went on to hit 114 before disappointed earnings crashed it back down to 98 - 99. It could be find support around these levels due to a confluence of: 1. neckline (resistence turned support) 2. 50% fib retracement of AC upswing @97.80 3. 61.8% fib retracement of BC upswing @ 100 It is a...
Eyeing SE here as it heads into earnings as it's been trading sideways for quite some time now after finding a bottom stemming from a big downtrend. SE has formed an inverse head and shoulders on the 4-Hour and daily timeframes, along with holding a massive bullish shark harmonic pattern on the weekly timeframe with the neckline between 62.45 and 63.95 (See...
- Entry Price: close to $0.594 - Stop Loss: Around $0.51 - Take Profit: $0.690 $0.847 $0.999 $1.150 Just for fun
the price is creating an inverse head and shoulders on daily timeframe And now the price is testing the previous lows as resistance. An inverse head and shoulders pattern is a bullish reversal pattern that is formed after a downtrend. It consists of a left shoulder, a head, and a right shoulder, with the head being the lowest point and the shoulders being peaks...
Findora is a nice microcap privacy crypto that's still very much under the radar. Currently only has a $8m cap. They plan to revolutionize privacy in crypto across the entire space. Spending 5 minutes of your time to read about this project or watch the latest video on their YouTube will get you interested for sure. This is not just another privacy coin, this...
Silver hit the first inv h&s breakout target (not shown here) back on november 13th and is now about to hit the second one (dotted yellow line). I will post a link to the previous silver chart idea so you can see how that purple inverse head and shoulder pattern played out. *not financial advice*
We can see a bit of a pump in price action on the 4hr chart for ether here. It appears to be breaking above the neckline of an inverse head and shoulders pattern(in yellow). Of course many times these patterns do not trigger their breakout on the first break above the neckline but rather dip back below it and wait until the 2nd or sometimes even 3rd break back...