XRP is forming a nice reverse h&s pattern. Jump on the wagon, while it's dirt cheap Easy %18. Buy Zone Current levels ; .29 Sell Target .34
Pot already had it's first huge takeoff, very similar to crypto. Unlike crypto though, we are seeing increased positivity and support for legalization nationwide year over year. I see a reverse head and shoulders here with volumes to verify the neckline. Waiting for it to correct a little to maybe 1.20 and then I'm in. Target is 1.92ish
BTCUSD daily is show a reverse head and shoulder which would entail a bullish reversal. IMO overall the BTC chart is trending bearishly and I would be very hesitant to enter this trade until confirmation of the neckline being broken in coming days.
Looks like BTC is about to complete a reverse h&s and could possible bounce back up once second shoulder is completed. please comment. thank you
Potential retest of the 0.68 could send the price back lower to continue the downtrend, or a break above would trigger a reverse H&S pattern. However, a lot of fundamental data coming out today and tomorrow. Fed minutes today and non-farm payrolls tomorrow, so technical setups might be negated completely by the news. Happy Trading!
Bitcoin is forming a descending triangle, which could indicate reversal of the uptrend for a temporary drop. This could be forming a right shoulder of reverse head and shoulders pattern. The previous support level at 6200 - 6300 doesn't have to be necessarily held, it could drop as low as the left shoulder did. What do you guys think? PS: note that both patters...
Hi guys! Most of you right now think of this symmetric triangle, continuation pattern and BTC breaking down. However: 1) As someone noted, the same situation was there in April lows, and the symmetric triangle broke upwards! 2) I also see possible reverse head & shoulders pattern on my chart - I denoted the possible outcome by blue arrow. But I don't really...
OMG reverse H&S, just my thoughts.
Just my thoughts. What do yall think? Got a couple of scenarios here.
While the right shoulder turned into a double shoulder, the pattern broke the 38% fib level and the neckline of the pattern. Could add to a position after breaking 50% fib level. Happy Trading!
Watching GE for a reverse head and shoulder breakout
Looks like on many alts now very beautifull RH&S pattern after massive and brutal correction. IOTA shows very bullish moves before, hope it not gonna dissapoint us.
Perfect RH&S, which may end painfull correction for this coin.
Hi! Here my first chart here, i see RH&S here, RR1.44, but if we going in now, its will be around ~2, S\L we can put under right shoulder.
XLMUSD Lumen A small reverse head and shoulders with about 15% of upside to a minimum target at 508 once 445 is re-taken and held with stops below the neck-line when broken. It should then rally to the upper parallel where can look to take profits once this triggers. Until then this is still vulnerable to further sell offs - but slowly resistance looks to be...
I think its quite clear to spot a Reverse Head and shoulders when looking at stellar. with this in mind, stellar is making a strong signal up. also the ichimoku cloud shows very weak resistance on the Red kumo cloud. also take note that the ichimoku settings are 20,60,120,30 for crypto markets. also price broke out of the 55 ema it may also look as we are on...
ADA is a strong coin which may show a decent growth at any moment. There was a significant drawdown, however the asset has returned to the buying zone. Our team detected a reversed Head and Shoulders pattern combining it with an oversold zone according to Stoch RSI and Aroon indicator we forecast a growth after the price reached suggested zone. Ichi cloud will...
Looking at the daily chart for $XBT we may have yet another Reverse Head & Shoulders setup coming into play. If you look at the VPVR on the right side you can see the gaps in price that need to be filled in before we go to higher highs. This RH&S setup would be a nice smooth way to fill that in and push us into massive momentum! Side Note: On a larger scale I...