BTC (1D) HEAD & SHOULDERS, DBL BOTTOM, DRAGON PATTERN!!!!!!!January 15, 2025 - Analyzing the 1D Bitcoin chart. We've got several patterns playing out . Let's review them 1 by 1.
Head_and_shoulder
"BTC Head and Shoulders Breakdown: Key Sell Zone at $98,000 withBased on the chart:
- **Pattern Formation**: A classic Head and Shoulders pattern is visible, indicating a potential bearish reversal. The price action has tested the neckline, followed by a possible retest near the "right shoulder."
- **Key Zone**: The area around $98,000 is marked as a "possible sell zone" and aligns with the retest of the neckline.
- **Breakout and Retest**: The price seems to have broken the neckline of the Head and Shoulders pattern and is currently retesting it. If the retest holds as resistance, a strong downside move could follow.
- **Target Levels**: Based on the projected move, the target appears to be around $79,350, with intermediate zones likely around $90,000–$87,000 for partial profit-taking or reactions.
- **Strategy**: A sell setup near $98,000, with invalidation if the price closes convincingly above the neckline, could be considered.
EWW - Another Long-Term ViewThe new president tauted her first 100 days in office mexiconewsdaily.com yet the stock remains in a downtrend. On a chart pattern look, it appears that we are in the midst of a larger-term Right shoulder of a massive head and shoulders formation.
The shorter-term formation also appears to be a head and shoulders formation with the neckline coming in just below 44. From there, it could pattern out the right shoulder before dropping again below 30.
Trump hasn't even taken office yet and Mexico is feeling the pain. While things might turn around, it's hard to feel positive in a socialist political environment. Should interest rates in the US continue to rise, negatively affecting US stocks, EWW tumbling down to the $30 level wouldn't be too much of a surprise.
$BTC Heads and Shoulders Pain Til Inauguration Close your eyes for the next 7 days, then blink ;)
Papa Trump coming to save us
Head & Shoulder on LINK - > Price will go downif the H&S is confirmed with BItcoin leading the path, Target should be around 15$
GRSE head & shoulderhead & shoulder pattern in GRSE .may go long according to volumes after a breakout
Infosys is Getting Benefit Or USD RiseNow Looks like every chart has Head & Shoulders Pattern.
A Upside can be seen of around 250 points.
This post is just my perception and for study purpose only.
I am not a SEBI registered analyst. As stock market has risk of loosing money.
Please invest your hard earned money carefully.
I will not be responsible for any loss in the stock market.
Total 3 Crypto Market Cap and US10YIn our ‘Daily dose of Chart’ today we are looking into Crypto and US10Y rates. We are plotting Total 3 Crypto market Cap vs US 10 Y. Total 3 Crypto Market Cap which is the sum of all the total Crypto market cap except BTC and ETH. The Total 3 was in a bearish pattern throughout 2022 and 2024 when the US10Y was making a head and shoulder pattern. After completing the head and shoulder pattern, the yields fell which gave Total 3 to break out of a 2 year base. But with the recent breakout in US10Y rates, the Total 3 is suffering a short term bearish market. We see a cup and handle forming on the weekly chart for the Total 3. But my assessment is that the handle formation will not complete until the beginning of Q2 2025 on the weekly chart. We will revisit the chart in April 2025.
BTC 1D - Head & Shoulders TABITSTAMP:BTCUSD slowly grinding out this head and shoulders, range bound to 75k - 85k, with the lower number more likely the reversal area. Be careful not to get swept in the near future as volatility is going to kick in. Be on the lookout for NO VOLUME BREAKDOWN.
Bitcoin Update: Head and Shoulders Pattern Points to $75kThe Head and Shoulders pattern has now formed on the one day chart, and Bitcoin is approaching the neckline. If we break below that neckline, we could see Bitcoin heading down to $75k.
At the same time, Bitcoin is also showing a bearish flag. If this flag breaks to the downside, we could see Bitcoin moving toward $81k as well.
My analysis over the past few weeks has pointed to a target range between $75k and $81k, so I’m keeping a close eye on these levels. Let’s see how things play out over the next few months.
I’ll keep you all updated with any changes. Stay tuned and watch the price action closely. 🚨📊
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S&P 500: Bearish Momentum BuildsAs we move further into 2025, the S&P 500 continues to show signs of weakness, intensifying the bearish outlook from my last post. The Rising Channel breakdown and Head and Shoulders (H&S) pattern remain dominant, with the price now trading firmly below the 50 EMA.
Attempts to reclaim the Rising Channel have failed, confirming that the long-term bullish structure is no longer in play. The neckline of the H&S pattern, previously broken, has become a strong resistance zone, reinforcing the bearish momentum. The 50 EMA has flipped to resistance, making it even harder for bulls to regain control.
Currently, the 200 EMA is providing critical support. If this level fails, the downside momentum could accelerate significantly, leading to much lower targets. Key levels to watch include 5,687.33, 5,600.45, and the channel projection target of 5,119.26.
Bulls will need to defend the 200 EMA and push the price back above the 50 EMA to have a chance at reversing this trend. Otherwise, the market seems poised for further downside. Let me know how you’re approaching this setup shorting, waiting for a bounce, or something else? Stay sharp and trade carefully! 🚀
Textbook distribution setupFor the past couple months, it seems like bitcoin has made a typical head and shoulders top. If this plays out, we can see a sizable drop in the near future.
SPY - Next 15 Pts Down a Gimme!Pretty obvious head and shoulders top with neckline broken. below 565 projected target.
Bulls have been giving it their best to keep this rally going but all good things come to an end. Soon, the Bears will be in charge
Be Careful Now!Crypto Trading Fam,
It's time for me to put out a note of caution. I have been bullish but a few days ago while doing my video, I spotted this pattern mid-session, hoping I would be wrong. Looks like I was not. The H&S pattern has now formed. This means we have an 85% probability that we'll drop to our next support of 75k. Yikes!
Now, 15% of the time a H&S pattern can fail. We can only hope this will be the case. But while hoping, prepare your SLs. Could get ugly for those alts!
✌️ Stew
FET's downfall is close!BINANCE:FETUSDT
I'm still bearish on FET.
head and shoulder Pattern can be reliable, and I think we should say goodbye to the price!😅
if a bearish movement happens, the price shall decrease as much as the head length which will reduce the price by 45%
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DJI 40200 HEAD & SHOULDER FORMINGHead & Shoulder Formming Neck-Line At 42200
Global Scenarios- Iran War, Briac, Oil, Hmpv, Inflation Rates, Us Election Over
Will Come To Retest 200ema
After Aug 2024 6500pts(17%) Rally Healthy 10-15% Retracement
GBPCAD - Weekly Forecast - Technical Analysis & Trading Ideas!Midterm forecast (Daily Time-frame):
While the price is below the resistance 1.82310, beginning of downtrend is expected.
Technical analysis:
A peak is formed in daily chart at 1.82320 on 12/19/2024, so more losses to support(s) 1.79228, 1.78439, 1.76819 and minimum to Major Support (1.74790) is expected.
Take Profits:
1.79228
1.78439
1.76819
1.75765
1.74790
1.72705
1.70900
1.69267
1.67670
1.65599
1.63703
1.60894
Short-term forecast (H4 Time-frame):
A Head and Shoulder Reversal Pattern has formed and the neckline has also been broken.
Price is touching the neckline again.
It is very likely that the downward wave will start from this area.
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Daily dose of Chart :Intrasector rotation with Tech. SMH vs HACKEven if the XLK (Tech sector ETF) hitting all time highs. But within the sector we see major rotation from Semis to Software to Cyber security. Last 6 months the Semis underperformed the Cybersecurity sector. But this has flipped recently on the daily basis. There is a bullish head and shoulders pattern forming on the SMH / HACK.
BTC/USDT - H1 - Head & Shoulder PatternThe BTC/USDT pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined H&S pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 99204
2nd Support – 101.051
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
FTM: The prospect of increasing?BINANCE:FTMUSDT
As you can see, FTM has created an ascending head and shoulders and is also located in the megaphone, which means that if it breaks, we expect the price to reach the target (AB=CD).
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
Head and Shoulders formation in making in Bitcoin?COINBASE:BTCUSD seem to be forming H&S though right shoulder is yet to form.
A breach below 91-92k zone could sound trouble for #Bitcoin. Diminishing volume from left shoulder to head is also not encouraging.
Keep an eye!
Early entryLooks like a HS forming up. I opened a short position bc I want a tight SL. If a daily candle breaks up and closes above the right shoulder I'll take the loss.
Critical Turning Point for the S&P 500: Bullish or Bearish?Happy New Year, everyone! 🎉 I hope you all had an amazing start to 2025. Let’s dive into the S&P 500 chart because it’s showing some critical patterns that could define the market's direction moving forward.
The S&P 500 has now broken below the Rising Channel, confirming a bearish breakdown from the long-term uptrend. This move adds to the bearish pressure initiated by the previously formed Head and Shoulders (H&S) pattern.
The breakdown of the Rising Channel, combined with the confirmed H&S pattern, suggests a significant shift in market sentiment. With the price also sitting below the 50 EMA, the bears appear to have the upper hand.
1. Rising Channel Breakdown : After respecting the channel boundaries for months, the price has decisively fallen through the lower boundary, signaling the uptrend is over.
2. H&S Pattern Confirmation : The neckline has been broken, further validating this bearish reversal structure.
3. 50 EMA Resistance : The inability to reclaim the 50 EMA solidifies the bearish momentum.
Targets to Watch
* 5,687.33: The next immediate support level where price could pause or consolidate.
* 5,600.45: A breach of 5,687.33 could send the price toward this stronger support zone.
* 5,119.26 (Channel Projection): If bearish momentum accelerates, the longer-term target aligns with the channel's projected downside.
What’s Next?
With the Rising Channel broken, the market’s bullish structure has collapsed, leaving traders watching key support levels to assess the depth of the pullback. Bulls will need to reclaim the 50 EMA and push the price back into the channel to regain control, but this seems unlikely in the short term.
The market now leans bearish, and the next few sessions could confirm whether this breakdown leads to a larger correction or stabilizes near support.
Let me know your thoughts and how you plan to approach this setup. Wishing you all a successful and profitable trading year ahead! 🚀
#SP500 #TechnicalAnalysis #BearishBreakdown #RisingChannel #HeadAndShoulders
