Head and Shoulders
$COIN Upside ForecastMy base case is NASDAQ:COIN moving to $350-$430 USD during this bull run. If CRYPTOCAP:BTC makes a run past $115-125K, it's possible we see this larger Inverse Head-and-Shoulders pattern play out.
This move takes NASDAQ:COIN upside to approx. $550 USD by mid-2025 to mid-2026.
(then look out below! :)
BLOCK INC $SQ #SQ Inverse head and shoulders could see $200In the fast-paced trading scene, the inverse head-and-shoulders pattern is a key sign for spotting bullish reversals. This pattern features three distinct dips: a lower "head" nestled between two higher "shoulders." When the price breaks above the "neckline," it hints at a possible change from a downtrend to an uptrend.
Traders usually jump in at this breakout point, placing stop-loss orders just below the right shoulder. They also rely on technical indicators like moving averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD) for extra confirmation, creating a well-rounded strategy to seize these trading chances.
Key Takeaways
The inverse head and shoulders pattern is just the upside-down version of the regular head and shoulders.
It can help forecast reversals during downtrends.
Once this pattern is complete, it indicates a bull market ahead.
Investors often take a long position when the price surpasses the neckline resistance.
Quant finally waking up and joining the rest of the alt pumpLooks like Quant has broken above an inverse head & shoulders pattern with two valid necklines. The higher longer one having a higher breakout target of course. Based on the pattern unfolding on total2 chart right now as well as it’s impending golden cross, I’d say QUant reaching both inverse head & shoulders targets is highly probable *not financial advice*
General Electric Co | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
# General Electric Co (Extended Hours)
- Inverted Head & Shoulders | Failed Target
- Trend Line 123&4
- Wave A | ABC Impulsive Wave Trend
- Retracement 0.618
- HH & HL's
Active Sessions on Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
BTC/GOLD looking strongBTC/GOLD is starting to break out of it's inverted head & shoulders continuation pattern that's been setting up for over 3 years now. If this breaks out we could see the BTC/GOLD ratio run to as high as 130:1. This coincides with my COINBASE:BTCUSD analysis that should BTC running to as high as $300,000.
BITCOIN head and shoulder pattern + CME GAPBitcoin appears to be forming a potential Head and Shoulders pattern, which is a commonly recognized bearish reversal structure in technical analysis.
If this pattern fully materializes, it could lead to a corrective move, possibly targeting the price gap in the $77,000–$80,000 range. This level may act as a magnet for price action, fulfilling a technical gap-filling scenario often observed in market dynamics.
"BTC at a Turning Point: Are We Seeing a Head and Shoulders PattThis analysis delves into the possibility of Bitcoin forming a Head and Shoulders pattern, a classic technical formation that could signal a trend reversal. We examine key levels, volume, and other indicators to assess whether this pattern is emerging and what it could mean for the market. Is this the beginning of a larger correction or just a false breakout? Find out in this detailed analysis!
Gold XAUUSD How Long This Correction Will Continue! Read CaptionOANDA:XAUUSD forms a retreat and tests 2577 following a fake breakdown of 2546. After such a severe fall, it is a very reasonable response. The dollar is growing more quickly, and the fundamental context is still negative.
China's ambiguous economic figures heightened economic worries. Powell stated that there is no need to lower interest rates right now because the economy is still expanding, the job market is strong, and inflation is still above the 2% target, but this uncertainty regarding future rate reduction by the US Federal Reserve is still weighing on the markets.
Now, everyone's eyes are on the crucial retail sales data.
Technically, it is important to watch the resistance at 2589 and the 0.5-0.7 fibo. Below these areas, a false breakdown and consolidation could lead to a collapse.
Resistance levels: 2578, 2592, 2604.
Support levels: 2543, 2532, 2504
Key : 2565
OANDA:XAUUSD Gold is currently indicating that the pullback up might be a little drawn out. Before the news, MM will probably aim for liquidity (above these levels). Bears may become active in response to a false breakout, which would only boost sales.
However, the likelihood of a breakdown and decline will rise if there is a bounce from 0.5 fibo and a smooth recovery to 2546.
Emergent BioSolutions | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session - 60 Minutes Time Frame
# Emergent BioSolutions - Based in Gaithersburg, Maryland | USA
- Trend Line 1&2 | Exchange Of Context
- WXY | Wave X | Point Of Control
- Inverted Head & Shoulders | Directional Trend Based Bias
Active Sessions on Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
GOOGLE: Where are they going after earnings? Let's talk about itWHERE WILL GOOGLE GO AFTER THEY REPORT EARNINGS ON TUESDAY?!
NASDAQ:GOOG NASDAQ:GOOGL
In this video, we will review 3 key items that give us the best probability of predicting where they will go.
1⃣ See if it meets my "High Five Setup" trade strategy
2⃣ Why it's BUY according to my Valuation Metric Tool (6/6 score) I WANT A DIP!
3⃣ Look aHEAD to find out 👇
Video analysis 4/5. Stay tuned!🔔
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Not financial advice.