Ada potentially gearing up for a big move with this inverse head and shoulders set up. These aren't the strongest performing patterns, so be patient when trading. It is also hard to be bullish while ADA is under 1.00, but this could change everything if it plays out. The price target of this pattern is the 1.60 range, a 75% pump. We are also testing key levels...
Despite the obvious that we are in a long-term downtrend situation on this pair; the appearance of a structure that looks more like an inverse head and shoulder pattern on the 4H time frame is suggesting we are on a verge of a reversal as we anticipate a breakout/retest of structure to hop in a potential bullish momentum. Risk Disclaimer: Margin trading in the...
#XLM/USDT $XLM broke out from falling wedge, and hold the support zone. 🐮 holding the support can increase price to $0.23 that is around neck line of inverted head and shoulders pattern. break out from neck line will increase price to resistance zone around $0.27 and $0.32. 🐻 rejection from neck line will drop price to break down current support and reach...
W1 - bottom of the range H4 - bullish convergence H4 - inverse head and shoulders
On the Nasdaq chart, we can see a possible inverse head and shoulders forming on the daily timeframe to continue a bull run. Once price reaches the blue zone, look for bullish price action confluences. The red line indicates the scenario if the inverse Head and shoulders fails
Did you notice the inverse head and shoulders? How do you feel about it?
There is an Inverted Head and Shoulders Pattern with Triple RSI Bullish Divergence at the PCZ of a Bullish Bat. You likely don't want to see price trading below $1,480 and your first area for taking profit will probably be around $4,165
Like many other alt coins Linear Token is printing a potential Right Shoulder to a Potential Inverted Head and Shoulders Pattern for us on the Daily and if it plays out the next major resistance will be very far out and should lead to some crazy Bullish action
#DEGO/USDT $DEGO pumped and now struggle to break out from descending resistance that is the same with resistance zone. also price shaped an inverted head and shoulders pattern in daily time frame that its neck line is near to break. 🐮 break out the neck line of H&S can increase price to touch resistance zone between $6 and $7. keep eye on it 👀
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ENJ/USDT update. ENJ looks good here. ENJ is breaking out from the inverse Head&shoulder pattern in 4hr time frame. Buy some now and add more at the retest. Entry range:- $1.78-$1.81 Target1:- $1.86 Target2:- $1.94 Target3:- $2.06 Target4:- $2.14 SL:-...
So long as this price action continues we should have every reason to see SLP spike back up in price significantly in the coming days.
#GO/BTC GO broke out from descending resistance (pink) and confirmed it as support. but to be more exact I drew another descending resistance (green) and I found an inverted head and shoulders pattern. 🐮 break out from neckline that is the green resistance will increase price to resistance zone between 145 and 170sats. break down from current support will drop...
In daily timeframe we seen a breakout on HSH and retest on the way. If bears escape here, we will se strong bulls taking control! Send it to $60,000 🪃
UPL made inverse head n shoulders pattern on daily charts with good volumes. Could be bought with stoploss of 765 & target of 900.
Pretty clear H&S (larger scale) VS inverse H&S (smaller scale) forming on the $SPY weekly log chart... which one will win :D
APLLTD made a triangle pattern as well as inverse head n shoulder pattern & broke out of both patterns with more than average volumes. Could be bought with mentioned stoploss & targets.
**$SHOP** This one looks a little tricky but my heart and mind are calling it against the algo flow... Algos have $SHOP going long. I think the bull flag failed after the gap down and created bear flag with a green bar where everyone is getting caught up in. You can have a green bear flag. Then there is a head and shoulders inside the flag. I think we will rise...
BataIndia made inverse head n shoulder pattern on bigger timeframes with decent volumes. Could be bought with mentioned stoploss & targets.