In this post, we'll focus on the head and shoulders pattern formed on the price movement of $BINANCE:SUIUSDT. By the time of this writing, the price is currently hitting the neckline of the pattern. I'll also provide my charting for the coin as well as target areas in my full technical analysis on this idea thread below. Stay tuned and happy trading!
BTC has to Fall Down Further More to the Pointed Position Up Above in the Picture/Chart. Bitcoin has lost its power. Told you all so far in the past. Danyal Hassan Hashmi, Trading Analyst.
$BTC is more than 50% off from its ATH. Time to accumulate and keep stacking and stacking and ignore all the FUD and negativity surrounding Bitcoin. I set 3 target levels i believe we will reach within several months. This bear market is an opportunity to capitalize on people's miscalculations due to their fomo. A continue short is inevitable. The bottom wont be...
Reverse H&S forming, waiting for the neckline to be broken and a retest before going long on this position up to potentially $1.40. Waiting for confirmation before making any entry. Let me know what you think all criticism is an opportunity to learn :)
The market makers did everything they could to wipe out every single retail player that trades this setup. The liquidated not only the swing traders from the breakout but also the positional traders with stops above the highest point. Now that this liquidity has been captured from the market, do you think we will see some downside?
My hypothesis has so far played out flawlessly. Have continued to make money shorting. Meanwhile, the thick orange line has proved strong resistance to bounce off. The new additions of White Shoulders indicates a Head and Shoulders playing out right on top of the 200 day Moving Average. Should we break the 200 day again it's a quick 10k move down.
AMP USD Long Idea 15m Wyckoff Accumulation. I'd buy. Up to you.
Hey guys what's good! So here I have my technical analysis on the crypto currency SHIBA INU . As you can see on the 4H chart it is clearly forming a bullish pennant/flag. For those of you unfamiliar with this pattern, it essentially is in a period of consolidation which rises higher and higher and will eventually break and rally upwards. It is squeezing more and...
The Head and Shoulders pattern is one of the oldest recognised market structures. Representing a fully formed fractal when completed, the H&S confirms a short term reversal in trend. Setting the levels 50%,100% and 200% on the Fib tool, I have devised a simple system of confirmation/action to take advantage (profit) from the completion of the Pattern. 1st...
The Head and Shoulders pattern is one of the oldest recognised market structures. Representing a fully formed fractal when completed, the H&S confirms a short term reversal in trend. Setting the levels 50%,100% and 200% on the Fib tool, I have devised a simple system of confirmation/action to take advantage (profit) from the completion of the Pattern. 1st...
Hello, This is not financial advice* In this analysis you will see we are still in a bullish pennant or I'd like to look at it as a paper airplane heading to the moon. The support levels just aren't as strong as the levels of resistance. However I believe price is heavily manipulated and am LONG on AMC 2 the MOON. WHY? because the shorts haven't covered the...
One way to look at candles is that they represent the buying and selling habits of all market participants. The buying habits in the zig zag patterns look like bullish and bearish versions of the same pattern. Maybe it's the same buyer who, at a loss, is unloading the same position. Who knows... The first time this happened (circle 1) price made a new high but...
Watch your butts. Smoke up while we dip out. Not advice, earthlings.
The Head & Shoulders Dimensions, Entry, Stop and Targets
Head and Shoulders completed now. Please hit Like & Follow to support more analysis. You can also comment to share your bias.