💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday. 💡 Bitcoin seems to be completing a pullback right now. 🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 . 📈In terms of Classic Technical...
If silver is moving up, the largest producer of silver should benefit and its price is close to a key support level. So odds are its price plays catch up to the new price of silver.
According to the drawing, the right shoulder is being completed
NSE:SAIL has formed Inverse Head and Shoulders in weekly chart and has successfully given breakout from Triangle taking support from 0.618 Fibonacci and if we check weekly chart it has also broken Ascending triangle pattern. With current Fundamentals and Technicals NSE:SAIL looks strong and ready for one leg up around 160 and 180 in next few months and...
After hitting a new ATH around 73k, Bitcoin re-tested the weekly close from its April 2021 high: It initially lost the 50 day EMA during this re-test, then the weekly candle bounced from this level, as the daily TF formed an HSi around the same area. This led to a recovery of and bounce off of the 50 EMA upon the re-test of the HSi's neckline. If Bitcoin...
Hello, traders here is an analysis of GBPCAD next week As you can see the price has been bullish for the past few days and now it is in the resistance zone (green zone) that has been tested multiple times and you can see that the price created an inverted head and shoulders pattern that signals bullish move so now I am going to wait for the price to break the...
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
We have everything in place… A double bottom A channel down breakout An inverted head and shoulder forming out
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
Massive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the...
It's a Cycle 2 coin with a Cycle 2 narrative #DEFI So don't expect new high's Still ... money can be made in Defi, DEX's . Yield ... It's just not that sexy . Is what it is friends, we can't fight the Market. May be we get a right shoulder fill out and then breakout for these linear and log targets. Best of Luck (Higher price more risk now ofc)
This is generated by ChatGP 4o. You can take a snapshot of BTC chart and ask it to analyze your chart. ========== Analyzing the chart you provided, which features Bitcoin (BTC/USD) on TradingView, we can observe the following key elements: Head & Shoulders Pattern Left Shoulder: The price reaches a peak, then falls. Head: The price rises to a higher peak than...
Hey guys! Today I'd like to share a RACA Coin idea. I've spotted an inverse head and shoulders pattern that has formed after a solid downtrend. Confirmation to the bullish upside would be a breakout and re-test of the descending triangle line marked in red and followed by entry trigger dropping into the lower timeframes such as Daily TF. Confluences: We need...
Athira, which made a good rally after the positive news from the company, may form the shoulder head shoulder pattern after first filling its gap around $2.45. Then, after breaking this shoulder head shoulder pattern, it can fill its big gap at $8.
In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal. We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active. Our Entry was $0.89, but Updating this now on the way to...
This Stock has been consolidating between 100 and 140 for 2.5 years now in a rounding bottom pattern, in daily Time frame it has stayed above 127 resistance. Breakout above 139-140 on daily/weekly close. Keep in watchlist. SL below 120.
Hello, traders here is a setup of USDCHF as you can see the price have created a bearish flag pattern (rising wedge pattern) and has already broken it and if you look closely the price created a head and shoulders pattern inside the flag pattern. This give's more indication that the price is likely to go down under these circumstances.
There will be sympathy pumps by #QNT But I suggest betting on the best in breed with the visionary/genius founder (SN) #LINK should outperform QNT by 2:1 as the inverse head and shoulders suggests