Once we flip 50k to solid support which will probably need at least 3 consecutive weekly candle closes above to confirm, that’s likely when this upcoming inv H&S will trigger, for no though that is an incredibly small right shoulder but I’ve seen ones with even worse asymmetry validate so it could, it technically qualifies already as a valid right shoulder right...
We can see Mana has finally reached it’s inverse h&s target and is also now very close to reaching the full descending channel breakout target too(dotted yellow line). It’s been a long time since I even checked this chart but glad to see it finally joining the full bull market with the rest of the alt coins. *not financial advice*
The smaller one is actually an inverse h&s target the higher one is a potential bullflag breakout target. *not financial advice*
Now that we have reached the target of the smaller inv h&s neckline (which is also a right shoulder of the larger invh&s pattern) Getting to that target has allowed price action to rise above the neckline of the bigger inverse head and shoulders pattern shown here with the tan neckline. The right shoulder of the larger inv h&s pattern was not only its own invh&s...
Target is 58 cents. Next target after that is retesting the top trendline of the tan channel, aka the double bottom neckline. *not financial advice*
No guarantee it ont go back below the neckline once or even twice or thrice before the real breakout as such things are common, however it definitely looks like this current breach above the enckline could be the one that ends up validating. The breakout target once it validates is $171. *not financial advice*
It certainly looks as though hbar is already validating the breakout from this inverse head and shoulders pattern…however with price action this far above the 50 and 200mas at the time of its golden cross, there’s always a likelihood it may dump back down to the MAs at the time of the cross or shortly thereafter, even dipping back below the neckline temporarily to...
It took a year and a half to make this beautiful pattern But the targets could be made by June! We don't know but that's how these things tend to play out. As always best of luck in your speculations.
. . .has been validated. Now jsut waiting for price action to head to the full double bottom breakout target. In the current price zone, a mild correction before reaching the full target wouldn’t surprise me. In doing so it would help it create an inverse head and shoulders for its follow up bull pattern. Also a chance it just skips the correction and heads...
I mentioned GALXE as a new altcoin to keep an eye on at the start of 2023 And it has been a solid if not spectacular performer since than. It has now formed a inverse head & shoulders with the Neckline at $2.8 we are going to have a mega #ALTCOIN rally!!!!!!!!! Imminent. I believe. Right now. Whatever #ALTS you have make sure to lock in some profits as we...
Look what we have here. Incredible price action from this stock.. what should you do if you hold it... or if you are feeling #FOMO maybe this idea will help. Inverse Head and shoulders there for all to see.
#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 ;) )
As with other gaming and metaverse cryptos, it appears Axie Infinity is waking up from its slumber as well. No guarantee yet that it wont take another temporary dip below the neckline before fully validating the breakout but it seems pretty likely that validation is near. It appears all the metaverse and gaming cryptos want to take the reigns of the market over...
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...
I would not rule out a 69k- 72k top followed by a long liquidation washout till 28k then 280k (10x).
Been hearing lots of good things about NEAR so finally pulled t up on a chart and I can see in the short term it is currently breaking upwards from a descending channel which looks much more like a bull flag on higher timeframes, as well as an inverse head and shoulder pattern. I have illustrated both measured move targets here on the chart; The purple dotted line...
Needs to sty above both green trendlines to trigger the breakout *not financial advice*
Neckline is @ $4.43 another 70 cents or so We obviously don't how these coins will react at these necklines if they are met with resistance breakout strongly only to come back down and retest the neckline But this should give holders hope for double digit prices --- at some point Best of Luck