bitcoin inverted cup with handle and head and shoulder scenario 1st: bitcoin inverted cup with handle
if holds the white line, high probability will form:
2nd: head and shoulder scenario if and when the white line of support holds and causes a 'right shoulder' from short covering.
stay tune to this 3 month play.
follow for more ideas and updates for invalidations and more
AND
Potential Cup and Handle on LTCThe 20 week and 50 week moving averages are 2 weeks away from either crossing over or being rejected by each other,
We can see a classic cup and handle pattern occurs if this week's close is above our yellow line or $164
If we do get a bounce off the $164 price level, I see prices going to our next resistance area $200 - $220
I'll update this post in the coming weeks and as well as any updates if we break below $164
Clear H & S - it's over for now.SOL has a clear head & shoulders. End of the of our glorious up, up, up.
Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH.
The down trend should provide some good scalping - provided the fall is not to rough and choppy.
NOTE: ETH & BTC dictate for most coins how they will move - keeep and eye on these coins.
If BTC does fall big style (Blood On The Streets) it is possible that SOL could go to $40 or even down to $24. SO, unless you wish to HODL and then buy more on DCA, you might want to consider TAKING PROFITS or selling out and buying back in at a better price (it's what I will do).
Not Financial advice - DYOR.
Happy Hunting.
Natural Gas Big Inverse Head and Shoulders Pattern playing outI have spotted this pattern a bit too late, but now we are few weeks after its activation and target is only half way through. I am expecting this to hit the target before we start thinking about possible top.
What do you think? It looks like a textbook execution, I would be surprised if we fail. Now we also have broken the trendline of the previous two highs and we have printed 2 very bullish looking candles on the weekly to support this going further up, maybe even without many corrections.
On the shorter timeframe I see a cup and handle to support the move higher as well. I am very bullish on this based on these factors. Please share your view.
SPY dump along with NASDAQ and DOWSPY Since September I have been saying something is wrong. The ramp up is as about as real as a Tinder profile. In March 2020 everything was at a stand still.
The market lost next to nothing and kept going and going. A lot of us weren't working and a lot of us that were, were producing next to nothing in product to support this type of price action.
Mr. Rising Wedge, please meet Mr. Descending Channel. This along with all the rules by the DTCC, SEC, NSCC and soon, I am sure, the CDC are all finally catching up with us.
Tripple Threat shorts on oil going downLooking for break and retests - short into the purple zone. Then back to buys possibly
Best seen on the 1 hour. entries on the 5 and 15 min TF
open 2 positions at entries 2.5% 1:1 and 2.5% doen to purple zone buy target. Break even second trade when first one hits. Manny-Q style
Head and shoulder pattern? wdy think?Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Head and shoulder pattern? wdy think?
Dogecoin. Something for the bulls and bearsA quick look at some Dogecoin possibilities through the end of July.
I'd love to hear your thoughts