Bullish Reversal head and shoulders on the 4 hour and 1 day chart in unison with fast ema's crossing slow ema's. Hoping for quick jump to 230+ in short term. Be careful if planning on holding for long term.
Thanks to the massive retest on the 52 cents level that then consinued to form a reverse head and shoulder, lots of technical factors point to us resuming the uptrend from here. There Also the fact that price has crossed the 60 EMA to the upside and is still at an oversold level on the stochastic are two more confirmations that we will se strong uptrend momentum...
SILVER price possible completed its long term bearish ( slightly more than 1 year) correction @ 21.424 which is possible the head of reverse head and shoulder pattern. Price now could resume its impulsive up trend @ around 23.00 which is the "left" shoulder of the reverse head & shoulder pattern..
Looks like a bullish sign for META in the foreseeing future.
30minute chart is not really enough to decide reversal, I know. But agree with me it looks good. Lets wait for the breakout and see how it seems. Don't recommend to take any trade before! :)
In this video: Inverse Head and Shoulders Bullish Triangle Short Term Target $95
On the weekly chart, $BABA looks like it has found support at $155 and is forming a reverse head and shoulders pattern. I'm looking for one more touch of $155 or slightly lower, followed by a close above the $155 support to start adding a long position. A break above the downward resistance trendline would confirm a bullish break upward and $180 giving us our next...
AUDJPY has created a reverse H&S pattern on the daily time frame with higher high for the neckline - which is ideal for a bullish reversal pattern. The neckline was tested recently and price got rejected to the upside. Notice how price also retraced to the 61.8 % fibo based on the last impulse. Buy on break of channel and retest of nearest support level on lower...
Neutral for now Potentially, a very bullish pattern has been spotted. Reverse Head and Shoulders Longer term target also shown If H&S plays out (big IF), target $260
MATIC broke out of reverse head and shoulder and broke out of the trendline and retested. Currently looking bullish and we can expect a new ATH in the coming weeks or months. This is not financial advice please DYOR. We might experience some market correction soon so please manage your risk accordingly.
HNT breaking out of reverse H&S pattern. Currently retested and squeezing inside a pennant in 15 mins chart. Wait for the breakout of the pennant to enter. Use the next resistance level as Target. This is not financial advice please DYOR
Massive inverted Head and Shoulders Break of neckline taking place now! We should see another 25% upside here at least in order to reach the formations target
#1INCHUSDT $1INCH broke out from descending resistance and confirmed it as support, and price hold the ascending support line too. a reverse head and shoulders pattern shows price can reach $5.5 in couple of weeks.
We just filled the gap at 4363. The correction completed the correction wave pattern froom Elliott wave theory. RSI is low. Textbook reverse head and shoulders forming ( falling volume). In my opinion we are close to the end of this correction, in the coming weeks, if the earnings are strong,the next rally is going to start.
What's gonna be Ethereum's next move? Scenario A - Currently ETH bouncing from 21MA support and trying to break the Resistance 1. If ETH breaks Resistance 1, Then we can see a pump towards Resistance 2 followed by a correction and then toward Major Resistance area. If the Major Resistance breaks then we will see a new ATH Scenario B - If ETH fails to break...
G999 crossed Ichimoku cloud and right now, based on Ichimoku prediction, moves up. This movement will touch 0.0075. TL: 0.0075
Reverse Head and shoulder formation can be seen as per charts. A break out can be seen on 8th ocotber from its 1st resistance of 116 level. If it sustains we can witness a potential upside of 49% in long run. Second resistance expected at 127-128 level. Disclaimer: This is not a buying Advice. It is my personal analysis. Please do own research before investing....
- ANGELBRKG - Breakout with Reverse Head & Shoulder Pattern - Volume expansion