The inverse head and shoulders pattern identified a few weeks ago turned out to be quite the success. We now see TRX nearing 0.00000905 an excellent target to sell. Join me in taking profit.
SELL:
We are currently on our 4th wave coming down-ish, painting a beautiful bull flag. Let's ride the bull flag until we touch the major trendline resistance then sell cautiously. Keep in mind the possibility of buy orders being triggered if Ethereum touches the major trendline resistance, causing the price to shoot up even more, eventually boosting us out of the bear market.
DGB/BTC Forming Inverse H/S signaling a bullish trend reversal. Major resistance lines up with the latest bounce, let's see if it holds through the inverse H/S.
We are presented with a beautiful inverse head and shoulders pattern to signal a bullish trend reversal. This is a very strong indicator that rarely fails when correctly identified. (Check out my analysis of DGB/BTC for reference.) Patience is key as we wait for the mainnet launch on May 31!
We now see a bull flag painted loud and clear for VEN, hence the possible move upward. Here are the two scenarios that are most probable in my opinion.
