As we can see stock forms some kind of inverted H&D pattern and bullish crossover. the last time I've seen this stock traded at 113 was on 29th Oct. We can plan to enter at 116 or 114 for 3 to 5%. when it breaks its H&D formation it can go further easily 🤞. make sure Rsi STRENGHT and bullish candle formation on 15min chart when you enter. educational purpose only!
As with other gaming and metaverse cryptos, it appears Axie Infinity is waking up from its slumber as well. No guarantee yet that it wont take another temporary dip below the neckline before fully validating the breakout but it seems pretty likely that validation is near. It appears all the metaverse and gaming cryptos want to take the reigns of the market over...
. . .has been validated. Now jsut waiting for price action to head to the full double bottom breakout target. In the current price zone, a mild correction before reaching the full target wouldn’t surprise me. In doing so it would help it create an inverse head and shoulders for its follow up bull pattern. Also a chance it just skips the correction and heads...
No guarantee it ont go back below the neckline once or even twice or thrice before the real breakout as such things are common, however it definitely looks like this current breach above the enckline could be the one that ends up validating. The breakout target once it validates is $171. *not financial advice*
As I always reiterate, priceaction will often dip back down blow the neckline of an inverse head and shoulders pattern after the first time it breaks above that nckline, so you never want to get too overzealous about the initial neckline breach like we can see litecoin has jsut made on its inverse head and shoulder pattern. Probability is fairly good that I will...
I posted my previous Propy chart on here before realizing I had the chart mode set to logarithmic. Log charts also do usually reach their targets as well but sometimes it can take multiple bull runs to hit the really high targets on a logarithmic chart. So I thought it would be wise to switch the chart to linear and show what the linear breakout target would be...
If Silver can confirm the breakout from where it has currently broken above the inv h&s neckline the breakout target will be $31. *not financial advice*
Just posting this update on the silver chart to exemplify how TA often does work with exact precision. As soon as the inverse head and shoulders on silver validated its breakout the price action climbed to the exact price target before its current correction. We can see how the wick on this particular chart even hit the top of the measured move line at exactly the...
The top of the highest wick on silver is actually the exact measured move target of the previous inverse head and shoulders silver recently hit precisely. On the journey as it retested that ones neckline it formed this anger more horizontal inverse head and shoulder neckline and has since also broken above it with a measured move target much higher at around $34....
Trade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you...
With numerous setups like this in the Altcoin space Do you really think this Crypto bull market is over??? I would say.. With quite a lot of certainty ... Absolutely not!!! Let's go people stop being Jeets and LFG
The rewards are higher getting before the right shoulder is completed versus waiting for a neckline to be broken Some say the risk should be higher as well ? Actually not in my opinion Cheaper prices are insurance as the higher these coins go the more risk they carry especially as we enter the Alt season. Smash the like if you think this pattern looks good....
Is this a massive Head and Shoulders pattern for Sugar? The head and left shoulder are complete but will the right shoulder form and head to the mid 7s? Time will tell and we'll know by early 2025. This all started in June 2014.
DCA buying in the right shoulder area could be prove to be fruitful when we get out general Altcoin rally The investment thesis is quite simple people will see that Fantom might be trading at a $1.50 soon enough And think damn , I missed a 10X what can I buy in the fantom the ecosystem to catch up that 10X So they venture further down the risk spectrum...
Nice little inverse head and shoulders Yep! #Inflation is sticky & persistent High prices for goods & cost of living not only to remain high but if the #fEd starts dropping rates expect another spike up
yesterday i had two amazing bull runs with USDCAD and GBPAUD taking my acount balance from $102 to $469. This morning during london i entered two seperate positions which was EURCAD and EURJPY. Both trade were in profit until after london then we got a huge move down causing mme to close at a -$78 loss. The account balance is now $361 and ive entered EURCAD for...
Inverse head & shoulders 1st cycle coin Log targets should be met Note the neckline has been approximated because of the price action but I think it is good enough for what we need from this chart.
Sorry missed the formation of this head & shoulders but still worth bringing to attention as the Log tgt is still over 2X away looks tasty as we enter a strong Altcoin flushup