Hi! Today we see the end of the formation, a head and shoulder, i expect that the price will stop at 8300-8500 (8300, on the trendline), to come back 6500. And after, you know the story
Gigantic Head and Shoulders pattern forming. Prepare for destruction down to 4k.
Good evening, i see an "sks" (in german) known as shoulder - head - shoulder formation with upward signs. If the price dodn´t hit the green line, i see the next uptrend comming. If the price falls down the green line, there will be a bigger correction. Greetings If you want to support me BTC address 138EsXDZVasDSCq3K9xBRYzmhtbPd7dYQS
I just found that there is going to be a head and shoulder pattern and buyer can wait for small profit from this pattern. It has a support on 12980 and the resistance on the 16510 where you can do a short for the bitcoin.
H&S pattern right on the top of trend. Volume spike also seen. Downside likely.
Counterparty has started to bounce off a horizontal supportline, that has been visited 4 times now on the daily candles. One could argue that this graph is also showing "the lately so often seen failed shoulder-head-shoulder" pattern that I was reffering to in my Zcash idea (www.tradingview.com), but I am not liking the shape of this one (especially the shape of...
GRC had a massive shoulder-head-shoulder on the charts, but it did not trigger a huge sell off. There was some sort of downward channel though, which has now been left on the upside (small green oval). GRC has been reasonable steady in recent BTC-turmoil. Still the old neckline forms serious resistance. The upperline of the old downward channel should now give...
We had a great run with our Iota short idea () but now it is time to switch to longs. A supportline (green) which started mid july has pushed Iota out of the downward channel (green oval).. to add to its merit a same supportline is present within the RSI-indicator. There is a little danger of a shoulder-head-shoulder forming (red curves). But the right...
If we look at this cart we see a couple of trends. Overall, we see an upward movement, to a peak around $4400. As we look at a volume indicator, the RSI, we notice the the very highest peak had lower volume than the peak before it, leading to what is called a bearish divergence, drawn by the red arrow over the bottom indicator. After this there was large volume...
Analysis based on structure 1/5/30min. Shoulder maybe touched and move could be retraced. If it crosses the ellipsis breakout may appear. Stay green, or stay calmed!
Maybe breakout happens at red line. Analysis based on structure (1/5/15/30min).
Trendline, Fibo 61.8%, HS
Possible head and shoulder, i think that the third blu triangle will be completed, so for now the idea is going short till violet line. Reached this line, in my opinion MCDONALDS will follow the down trend (under blu line) with second target fix to orange rectangle (zone 113.36)
EURGBP possible forming of a Head and Shoulders pattern. Waiting for completion of right shoulder and then possible chance for a short position.
fibonacci fan potential head and shoulder