I'm liking the looks of alot of the Food Companies like General Mills, Smuckers, Post, and Nestle. As a Result i will be entering Bullish Positions on POST, GIS, and Nestle(NSRGY).
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Welcome to this Total3 market cap update. Total3 generally indicates the market cap for all Altcoins excluding BTC and ETH.
Now let's get to the chart.
Total3 is forming an inverse head and shoulder pattern here where the breakout of the neckline is still pending.
Once it...
Hi Traders,
Looking at Netflix in the 1-hour time frame.
I see an inverted head & shoulders setup.
There is divergence on the MACD Histogram as well as the MA lines and currently, the price is making its way above the neck zone.
We have some nice bullish volume to accompany this break and close above the neck zone.
If we see a calm retrace down to the neck...
If this inverse head and Shoulders occurs, I will be going long at the retest shown in chart for a quick 1:5RR, pay attention to Tp1, though....
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A breakout of Inverse Head and Shoulders that occurred at confluence-support(blue) am in Long on the retest......Targets on the chart.
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$AAPL Apple Inc. is showing multiple bullish indicating reversal patterns.
Lots going on in this chart lets review:
1. I'm spotting a FALLING WEDGE (marked in white). This could drop lower and tap the bottom trendline on the wedge for a third time before reversing, however, it held the $135.50 support Friday indicating a higher probability for upside. The first...
Theory. If BTC do an Inverse H&S, would play out as going towards $60k end of year 2022, retracing to $30k between the coming months of 2023, consolidating and uprising towards $60k again breaking up. end of target $98k.
RSI, would rise like 2018 meaning we had reach $60k or close to it. then consolidating to areas of not oversold but lower. similar as 2018....
I posted about TNX at the end of March and warned that we were in unchartered territory. At that time, TNX had bullishly crossed the monthly cloud which was something it had not done during my lifetime nor probably most traders lifetimes.
We are just about to quarter's end (June 30th) and you can see a clear breakout on an Inverse H&S is occurring. I see...
Price action and chart pattern trading setup
> Elliott Wave projection - downtrend final correction position with an expanding diagonal pattern.
> Inverted head & shoulders reversal pattern in TFD with bullish engulfing candlestick
> Indicator: RSI strong bullish signal cross above MA and MACD golden cross signal line
> Entry @ Neckline breakout
> Stoploss @ right...
Hello Traders,
As you can see in Daily time frame, Swerve ( OKEX:SWRVUSDT ) is forming inverse head & shoulders pattern. If this pattern plays out then we can expect around 300% profit, because it is good to exit near $1 as it is psychologically important price.
Remember this is a higher time frame trade and SWRV may take weeks for breakout, be patient.
Also...
Pretty simple idea. TRXBTC on the left is in a developing inverse head and shoulders and price action recently tested the 200 week as support and is now primed to begin to move to target. My trade is going to be on TRXUSD.
The chart has the key details and it is pretty simple and fundamental. My main thing still is leaving my damn trades alone enough. I have...
BTC Update
Bitcoin is consolidating just above the inverse head and shoulder pattern. Here I will not recommend to open a new trade, because this is area of no confirmation.
First week of July is bearish so expect 5-10% pump before the dump to $18k.
the only way bitty can feel anything anymore is by messing with us...i would not be surprised if she does that here between the ihs arc neckline (2pi arc between recent tops, see previous chart) and the ihs LINE neckline...a retest if you will
(convinced the space between square/line and circle/arc has some meaning on these charts (which are just maps of emotion,...
Wait for a close above 966867000000 level on the Crypto TOTAL MARKET CAP. Watch for buy signals in the cryptocurrency market after a candlestick closes above 966867000000 on the Crypto TOTAL MARKET CAP chart.
