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....
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..