I got you....
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Technically looking quite good as well
We...
Well isn't that nice of it to do that for us
Linear tgt already been made of this inv head & shoulders
But the log target is a meaty one
Hence why I thought it was still worth to be shared
yw
;)
Hello everyone hope you are doing well & enjoying your trading days.
Bitcoin (#BTC) may be forming a bullish inverse head and shoulders pattern, hinting at a potential upside move towards new ATH.
I'll wait for a closing above the neckline to enter the trade.
Leave a comment with your thoughts on the potential breakout and future direction of Bitcoin.
Traders,Just minutes after my last post, Bitcoin broke the Inverse H&S neckline. I had to get this post out quick and it is probably still late.
Entry 67,500
Target 73,700
SL 66,300
RRR 5/1
Stewdamus
Traders,
I've been reading that the second round of GBTC outflow, which contributed to the selling pressure recently, is drying up. This pattern on the 4 hour chart will either confirm or deny this rumor.
You can see the inverse head and shoulders pattern drawn. A break to the upside would target our previous high almost exactly. A failure to break the neckline...
As more and more things are being built on and around the big chain
It's a solid way to invest
riding it's coattails
as Bitcoin continues on it's path to 100k plus
Elastos is a sidechain of BTC --- apparently
lets dig around and see what else we can find
The Right shoulder is in the process of forming
That deserves a like right ...
when I give out setups that haven't even broken out yet.
And you could actually make gains on :)
Lol ...
But the main goal is for you to be able see these for yourself and have the conviction and nerve to execute and not to become a believer in a particular coin..
Hey and even...
Hey Folks!
Not a fundamental analysis or financial advice, but trading idea on why it could do well in the coming months and beyond. I have discovered a technical repeat pattern in this one. I first found this stock after Trump made his statement regarding large deportations if elected. So naturally I look up prison stocks lol.
I made a nice trade on it last...
We are looking at the Dow jones on the daily here and can see 2 distinct inverse head and shoulder patterns have formed here. The larger one I have indicated with a lavender neckline and the smaller one with a green neckline. Price action is currently above both of them and overall this is looking very bullish, however we must remember that the daily timeframe is...
An update from a previous Dow Jones chart. I will post a link to the previous as well. We are getting very close to the smaller inverse head and shoulders breakout target here. Always a chance it corrects before continuing up to the second larger inv h&s target but then again always a chance it just keeps going to reach the 2nd target without a correction...
Nothing much to add here that I didn’t post in the previous idea, just wanted to also show how it looked on a weekly timeframe. Please refer to the previous idea for more in depth analysis about this one. Thanks.
The original chart was on a much larger time frame, but we are getting so close to the second measured move target now I figured I’d make this update on the daily chart. We are now about 3 pips away from hitting the 2nd bigger invh&s pattern’s full measured move breakout target. Always amazes me how these things come to fruition, and in this case I was able to...
This is just a stupid idea but I do think we can get BTC to around 32K and we will never ever go lower than that, then ATH is around 200k+,
All altcoins will do 20x if you buy now and 50x if the market does dump.
W=Bullish.
D=Bearish.
4H=Bullish.
Daily broke the higher low to become bearish but 4h shift structure to bullish creating an inverse head & shoulders. 4H recently broke the neckline of the pattern. 1H has a pennant formed. Weekly is also bullish rejecting the 50% fib level. Expecting price to break the pennant and S&D zone and continue to upside for long term...
You might not have a projection as high as mine.
But here we go
LOG tgt over $ two thousand.
Please @ Me
My initial thought was 50X from the bottom.
so around $350
Clearly
I'm open to higher, now ... based on the chart but also fundamentally
SOYlana has the best normie experience of all blockchains.
So we go WAAY higher than I thought before.
We just hit the 4 hour charts inverse head and shoulder breakout target for xrpusd (shown here in teal). In doing so we actually formed another slightly bigger, daily chart inverse head & shoulders pattern (shown here in brown) The head of the brown inverse head and shoulder’s pattern is actually the entire teal invh& pattern. Let’s see if price action becomes...
The confidence the bulls are showing with the current green candle suggests this break upward can sustain itself long enough to validate the breakout. We have 3 at terns validating at once and giving us 3 measured move targets. 1st one at $8 2nd one around $9 and the 3rd and highest one at 13.135 *not financial advice*
