MATIC breakout from a so called " inversed head n shoulder" pattern formation. which resistance 0.90-1.00 turned support. so far price re-test still able to supported well. weekly closed bullish. MACD momentum still strong. next resistance 1.40 , 1.70
Filcoin is forming a head and shoulder pattern, a classical bearish reversal pattern. With this in mind, I am taking a short position with a risk-reward ratio of 1 to 5.
Big Inverse H&S on #MKR The Head and shoulders Top met it's price target which gives confidence in this reversal pattern to also be met
The inverse that we were watching has formed. We are awaiting the breakout through the neckline. Could we see a fast ramp up to 5 cents to meet the down-trendline from the top? Very possible. #Bitboy is now actively engaging the HEX & Pulsechain community. Quite big news obviously... as he climbs his way back to being one of the largest influencers in the...
I normally don't publish, but just thought i'd share this idea from a few months ago (to two years ago), and updated this analysis based on recent price data. So it goes like this, using parallel channels and the median levels of each channel. Each successive parallel channel highlights the diminishing returns each cycle. However, this cycle might indicate a...
#DOT will have a hype season (maybe an upgrade or new tech rollout) The narrative doesn't matter why Bull market raises all boats. Nice candle action 2 weeks ago bullish hammer to form the low of the right shoulder and now a bullish engulfing candle. Moonbeam , Moonriver and Glint are low caps ways to harness this 4X move
#VXV You have to check out the website for this "project" hahahahahahahaha It certainly made me laugh! But we have a coin that is in the right space with the right two letters in it's name A & I so here we go just putting it out there for you degens (Again read the website before u do any swapping LOL --- or don't the pattern looks good ;) )
Potentially forming Trying to get a little ahead of this pattern formation for you guys As u know I am quite bullish on Gala With the formation of a right shoulder Could be some opportune entry points to load up in the near future.
One daily candle close above the neckline here and the follow up confirmation candle is in the green for now. As always the initial break above the neckline is often not the true breakout validation move so its plausible we could dip back below the neckline once or thrice before its fully validated, but if it were to validate here the target will be $10.20. *not...
Havells stock seen on head and shoulders pattern in big time frame for long term investment
NEAR / ETH A potential trade to increase your ETH holdings ⌛️Potential Head and Shoulders Forming with break out pending (not confirmed) ⌛️ OBV Decision Due - Rejection off resistance or break above? Either way there is a potential trade here, ideally with a break above the H&S, then I would allocate some ETH to NEAR. I might consider an entry...
CRYPTOCAP:TOTALDEFI TOTALDEFI inverted head & shoulder spotted, broke the neckline 2 weeks before this post, my target is around 150B. Let's watch some defi projects closely, BSE:SUPER and OTC:GHST is already skyrocketing.
After the previous CRYPTOCAP:TOTAL3 idea of mine invalidated (price breaks the consolidation area), Altcoin is ready to launch massively in 2024 bullrun. Inverted Head & Shoulder spotted in weekly timeframe, this is also the case for CRYPTOCAP:TOTALDEFI . My target is the resistance area around 660B-740B. Bitcoin dominance is also about to go down (will...
If you think that BTC is a new digital gold... Maybe a Head and Shoulders in BTC vs Gold
Pretty clean inverse head and shoulders Arweave has already been a big winner for us as we identified a falling wedge pattern which gave us massive opportunity for upside profit potential .. This target may take a little longer to achieve but early entry holders could easily be sitting on a 5-6X by then on their spot purchases!
Market Structure Bullish on HTF Daily and Weekly Weekly and Daily at same AOI Weekly Rejection at AOI Potential Structure Point Weekly Weekly Head and Shoulder Formation Daily Head and Shoulder Formation Daily EMA Retest Daily Rejection at AOI Around Psychological Level 2.06000 H4 EMA retest 75% +3 REMEMBER: Trading is a Game Of Probability ...
Dot has iH&S on 4 hour chart. It's not text book perfect but pattern is similar. It has also shown strength and with the recent dump today on BTC it was affected very minimally. Once we break the neckline we should go to 1.18 fib at almost $13. Happy Trading
Inverse head and shoulder pattern breakout in Gold chart... Chart for Educational purposes only. Thanks V Trade Point