HEAD
WOW....DOGE LOOKS LIKE ITS COMING DOWN FOR MOON LANDINGWHAT DO U GUYS THINK? Is DOGE gonna land hard going down with this daily head and shoulders pattern? if i did the technicals correctly we are looking at a 21 cent DOGE very soon as it looks as if it has broken the neckline, this could be a huge 25% drop/landing bearishly down down down, if im missing something please leave me a comment, if u agree please leave me a comment, if u disagree please leave me a comment, im sorry but i think that doge and possibly bitcoin have topped out and correction is further due, but we know "BUY THE DIP' and lets get rich, i hate to be a bearish of bad news but if this plays out then elon musk is about to lose 1/2 billion dollars lol sorry elon, maybe you should of not started this bear bearish correction huh? well enough said, u see the chart? it speaks volume but to the downside.
SHA256BITTRADER WOW......WOW.... WOW... HEY DOGE COMMUNITY I KNOW THIS WILL STING NOW BUT U WILL REAP THE BENEFITS WHEN IT TAKES OFF AGAIN TO MARS WITH ELON NEXT TRIP IN SPACEX!
$RBLX Roblox Head and Shoulders Inverted Pattern$RBLX has formed an inverted head and shoulders pattern which is a short term bullish reversal sign. The stock has been fluctuating between $78 and $64 since IPO in March. The stock formed an inverted head and shoulder pattern and confirmed upward breakout yesterday crossing the neckline price of $75 per share. Left neck is lower than the right neck which is one of the main characteristics of head and shoulder pattern.The stock has tested the resistance line on 11 May but couldn't break above it. It made a partial decline forming a head and we know that partial declines or partial rises are usually a sign of the change in the trend. Volume has shaped U pattern which also pretty common in head and shoulder patterns.
Even though there are strong signals and confirmations of a bullish trend I would suggest to wait for the final confirmation of resistance line becoming support line. If the stock breaks the resistance line and trades above the line for few days open a long position.
1st price target is $85 for the next 45-60 days.
2nd price target is $100 till the end of the year
This is a new stock and statistics might be misleading. Overall the stock has a great potential as its a game changer in the gaming industry.
Good luck and trade smart! (not a financial advice)
Please like and share if you like my idea.
BTCUSD H&S fakeout, drop back to neckline support before targetIt's looking more and more like we'll drop back down to retest the neckline of the H&S and we have seen happen a few times before with well know patterns, we will see a 'fakeout' first and then drop back before reaching the targeted measured move.
BLZ/USDT HAS A REVERSE HEAD AND SHOULDERBLZ/USDT HAS A REVERSE HEAD AND SHOULDER
you can take a long position in this chart
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SHCOMP Returns to trendline by the start of 2023. Everything is explained in font on the graph. Lol. If I'm making an obvious mistake, call it out. Thanks.
AUD/USD Head and Shoulders****ITALIAN VERSION****
Dopo il Testa e Spalle invalidato sul giornaliero, il trend inizia a perdere forza regalandoci un "probabile" Testa e spalle sul Timeframe 30 minuti/1 ora..
L'analisi previsionale è ancora da confermare, in quanto determinata dalla creazione della spalla dx; se dovesse crearsi, abbiamo un'ottima occasione di entrare short a breakout per raggiungere il target minimo posto a 0.77068 per raggiungere la confluenza.
Staremo a vedere
****ENGLISH VERSION****
After the Head and Shoulders invalidated on the daily, the trend begins to lose strength giving us a "probable" Head and Shoulders on the Timeframe 30 minutes / 1 hour ..
The forecast analysis is still to be confirmed, as it is determined by the creation of the right shoulder; should it arise, we have an excellent opportunity to enter short at the breakout to reach the minimum target set at 0.77068 to reach the confluence.
we'll see
Inverse head and shoulders pattern is still in playFantom/USDT is currently forming an inverse head and shoulders pattern with 0.382 fib line as neckline.
Wait for a confirmation before buying! Target 0.618 fib line.
Good luck!
More downtrend expected I've been expecting this fall since 2 months ago and my target is just above 50, there are still very strong support at 59.24, following the bearish Bat harmonica I expect the price goes back up to 64.04 then fall forming an H&S heading around my mentioned target which I calculated following pre-covid data FX:USOIL
GC> continuation of a downtrendAdmittedly this trade does not present the best risk reward ratio, but the high probability of success for this trade makes it worth the trouble.
Please see my previous GC post (link below) and how price has followed as I predicted at that time.
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Thank you,
Ms. Bunny.