In this chart of BINANCE:BONKUSDT , the coin is forming a head and shoulders pattrern, citing a possible bearish move for the coin on a day trading perspective. But why am I bullish for the coin? More details on the idea thread below.
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
BITCOIN: Bearish – Head and Shoulders + Ascending Wedge Two classic Chartist figures were detected by the Wolf of Zurich: 1- An “ascending wedge” which would bring the price down towards $62,632. 2- A “Head and Shoulders” which would subsequently bring the price down to around $52,080. The EMA.50 and 200 also remain potential targets caution.
In this idea, I'll tackle the bullish pattern, inverse head and shoulders forming for $BINANCE:NEARUSDT. Currently, it is sitting on the neckline, and I've been monitoring this coin two days ago. I'm now lending this idea as it could have a potential for a breakout anytime soon. More details for the technical analysis for NEAR in my idea threads below. Stay tuned :)
Bullish pattern above 200 Dma always work fine Bonk making inverse head and shoulder Enter on breakout of neck line very good risk to reward ration aswell
Hi Everyone! NEAR Analyze ( NEARUSDT.P), 4-hours time frame ⏰ NEAR looks like making HnS Pattern The breakout from the HnS pattern presents a potential buy setup - if NEAR can continue pump, first target is 8.920 - and You can Buy on Breakout 7.685 - or buy on support 6.785 GoodLuck Guys! *Follow For More! *DYOR
I have not longed SUI yet, I’m waiting for this inverse head and shoulders to hit and looking for a dip down to $1.02 or lower before we head north. This sideways inverted head and shoulders is showing is $1.70 long target after.
I have not posted for a while, been busy trying to improve my trading entries and exit. I am back now and will be posting more regularly :). Nvidia has broken out of H&S pattern on 4 hour. Any retest to the highlighted orange area around 888-900 would be suitable for buying. Stops can be placed below the 10 DEMA or 20 DEMA. For conservative risk traders,...
Fundamentals: Affirm Holdings provides IT solutions for digital and mobile-first commerce. It is in the finance and payment industry just like Paypal or American Express. The company tries to differential itself from credit cards by not charging fees, but an agreed payment. Both sales and earnings have been accelerating.] and exploding, but the earnings have...
Monthly Double Hidden Bullish Divergence possible, Weekly RSI is consolidating right on top the lower band, Daily Inverted Head and Sshoulders possible and Triple Classic BD going on, 4h CBD forming...
Market Structure still bearish on HTFs Looking at the continuation of the downtrend move Waiting for price to break below the AOi and retest for an entry; My AOi is at a Daily Level Retest of the Weekly EMA Weekly Rejection at AOi Daily Rejection At AOi H4 EMA retest Candlestick rejection from AOi Potential Head and shoulder pattern Awaiting more confluences...
Looking at MSTR today. Nice H&S formation on the hourly but we do need a weak CPI number to get into the trade. Risk on environment would be nice for a run up to 1500-1600. Depending on the price, will set by Stop Loss accordingly.
El patrón "hombro-cabeza-hombro invertido" es simplemente la versión inversa del patrón "hombro-cabeza-hombro" que acabamos de describir. Este patrón se forma en la parte inferior de una tendencia bajista y sugiere un cambio de tendencia alcista. Las características principales del patrón "hombro-cabeza-hombro invertido" son las siguientes: Hombro izquierdo: Este...
Looks like BTC broke down from the channel. Looks like head and shoulder bearish pattern. It is goes back up and stays above the line, it has good chances of strong recovery. Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k. FOMC today will swing stocks very aggresively. Happy trading
If we can envision a Inverse Head and shoulders forming. With a horizontal neckline coming in at around $47.5-48k It gives us a LOG projection north of $140k Draw it out yourself and see :) A linear target would be much more subdued and give us a $80k target And trap people below that magical figure for close to a decade , if u tack on a bear market that...
Hi guys Considering the consumption of the specified range, the probability of reaction to the specified price range is very high. On the higher time frame, the probability that a higher ceiling will be formed compared to the previous ceiling is very weak. As a result, our bullish view is short-term for now. What do you think?