Hi everyone, From our previous idea of the head and shoulder with a target of 33.6K, we may now be forming another head and shoulder but an inverse one. Note that this is VERY EARLY to tell. But if we ever form this pattern. The target, initially, could be at around 41K in the next few days. Follow me on TradingView to get updates! NFA. DYOR. TAYOR. Cheers,
This is for the BEARS AND the BULLS... Everyone is wondering where Bitcoin is going... I will just post this chart to see how it plays out. People are calling for a 28K Bitcoin. Okay, here it is. TP is 28K BTC. It is possible we are in a giant Inverse HS and creating the HEAD right now... if this gets any lower it may invalidate it. Many people want 24K Bitcoin...
Inverted Head and shoulders pattern takes us back up to $4k boys
chances to fire up as inverted head and shoulders along with volume spurt...........
TVC:SPX OANDA:NZDUSD OANDA:AUDUSD OANDA:GBPNZD OANDA:XAUUSD OANDA:XAGUSD OANDA:WTICOUSD
Right here is my idea on Bitcoin. As we all know we have an head and shoulder pattern on this chart which predicts a fall and an inverse head and shoulder pattern on this same chart which predicts a bullish trend. So for the head and shoulder pattern to work, price will hit the yellow resistance line at $41,400-$42,00 and if it rejects, it will fall back to the...
Entry: $37,600 Stop Loss: $36,400 Take Profit: $43,700
$PLUG retraced 70% from it's all time highs during this 2021 - Now looking at it's price action its seems that it has bottomed already - wait for a higher low and a break above $30 and the 200 MA to confirm IH&S pattern. Feel free to long above those levels when this happens. Earnings might be the catalyst for the break. I will keep an eye on this name.
Dear traders, A new update for Ethereum for the short term. Traders, we have almost formed the right shoulder of an inverted head shoulder formation. To validate it we need to break through the neckline. Possibly the neckline will then be tested again by the price of Ethereum but it doesn't have to be. Important: without a break trough the neckline the pattern...
I am still neutral on this but: White path seems to be an inverted head and shoulders. Hopefully can take us to 40k USD. 40k asap bulls, otherwise this target will become harder and harder to reach.
Here we have a huge IH&S on QSP/BTC. I have had a phenomenal success rate with this pattern. Currently at the range low, fantastic buy for a mid/long-term swing trade. Project looks to be good with some solid backings from reputable companies.
IDX:AKRA At a glance: AKRA is still building up momentum to break out the down trendline formed since late 2017. False Breakout occurred on the 3rd Week of March 2021. False Breakout confirmed by Rule of Three methods where the candle only lasted 2 days above the down trendline. In my perspective, there is a flat range for this stock in the area of...
Can BTC to 47-50K ¿? If confirms breaking the neckline, the possible target is 47-50k, lets see.
Picture speaks more than words.
Radico has given a IHNS breakout in last session with good vol Breakout came on right shoulder with flag BO Above 200 dma Buying can be made when breaks 605 Sl 545 Target 675 and more
Seems we will be going up to wave 5 as per the shown targets. Also Fib levels show the same in confluence. Moreover, there is an inverted head and shoulders pattern potentially forming. I am not a financial advisor and this is not financial advice. It is merely a potential or opinion. Invest at your own risk and do your own research.