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...
BTC is building reverse head and shoulders pattern. If it can success it can find power to move 11700-10900 range.
OMGISEGO OMG/BTC Omisego looking bullish. - RSI @ 53, neutral but becoming oversold. - MACD trending well, last crossed on Feb. 6th, and continuing in new trend nicely. - Bollinger Bands have narrowed indicating a sideways trend may have formed for the time being. BUT they also seem to beginning to widen again, indicating another outbreak imminent, and with a...
reverse head and shoulders pattern. not yet validated. but we may count head has already been formed. so we may take a position around 150 usd and specify stop loss as around 115usd.
POWR/BTC is looking extremely bullish in my opinion in the 4h chart. The reason why I say this are the following: 1) The price has formed a reverse head and shoulders (since the end of November, shown in yellow), with the neckline at around 7500 satoshi, which is currently being tested). 2) There is a symmetrical triangle (shown in the chart) which appears to...
Short-term, BTC seems to be a little bit on the cross-roads here. It has formed an incomplete inverted head and shoulder pattern (tho quite whacked), but is not far from it with the price running against the neckline. However, we currently don't see the increase in volume required to change the direction and break resistance so we can't be confidently bullish....
Watch 1.1850 for a possible break out from this text book rev h&s set up
Reverse head and shoulder, short term resistance broken to the upside.
As we were looking for decline on the DXY , bulls took over control. Here we go with my weekly analysis on the U.S. Dollar Index; A (orange)( closed ) : Price clearly bounced on our bullish trendline. Blue area as been broken in the beginning of the week, my bearish bias was completely canceled. No break and no resistance, this direction bias is now closed. A...
Bitcoin's showing upward potential still the weekly looks good and here on this chart im starting to believe a Reverse H&S is in play. Ill be looking for a bounce to the green trend unless support holds allowing it to break upwards showing pattern confirmation. This might be a good swing trade as their will be battles at the .local and all time high's. Another...
CL1!/USOIL/WTIUSD/ Crude oil 1. Reverse Descending Neck line Head and Shoulders 2. AB=CD PATTERN 50%=200% 3. Elliott Wave 3 4. Up Trend NYMEX:CL1! TVC:USOIL FX:USOIL FOREXCOM:WTIUSD FX_IDC:USDWTI
1. Bullish Harmonic pattern PRZ 2. Reverse Head and Shoulders 3. Wave Cycle FOREXCOM:WTIUSD usoil NYMEX:CL1!
Reverse Head and Shoulder pattern => Right Shoulder Bullish Gartley Hamonic pattern Zigzag pattern abc Motive wave => Elliott wave 2 Basic Trend line --------------------------- Hammer Candle possibility WTIUSD USOIL CL1! CL2! CLM2017
This is clear reverse head and shoulders pattern on EUR/USD daily chart... but, if daily price close above 1.0495 , could be broke up..