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Head and Shoulders

my BEARISH expactation for PEPE/USDTwe see on the weekly a big head and schoulders formed. the neckline broke en retested 2 times! i believe it time to go heavy short because a big cvrash is coming ( believe it or not) it wil first pull up a bit to.... 0.5 / .618 fib ? not sure, i prefer ro short t the 0.5, not to big leverage ( max 20) and protect as soon as possible and enjoy the free ride, ------ its a +-83% drop if it goes that low -----. enjoy. en lets hope for the best.
Short
by Professor_TradeStein
BNB Ready to Soar: Is A 24% Take-off Ahead?It might be early days, and the levels might not be perfect, but it appears that Binance Coin is forming an inverse head and shoulders pattern. Other coins, like Super and Phantom, are creating similar horizontal patterns, which typically provide better trade opportunities than breaches trend lines or moving averages. In addition, as we move into the fall in the Northern Hemisphere, we can expect trending markets to resume. It may take a few days to weeks for the right shoulders to form, but if a breakout occurs with the price breaking above $603, it could reach as high as $747, based on the current pattern. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:BNBUSD
by ThinkMarkets
PDD Noteworthy Swing Support Levels, and a word of cautionLooking at NASDAQ:PDD after its earnings fallout, here are some interesting support levels to watch. The 0.618 Fibonacci retrace from the March 2022 pivot low to the May pivot high is at $77.25. Additionally, while Head and Shoulder patterns are not the most reliable, there is a level around $75 obtained from the decently shaped H&S price measurement dropped down from the neckline (white dotted line). Once more, there is a major Gann support level (720 degrees down from the May high pivot) at $78.02, adding another strong factor to this probability window. Another point of interest; dropping the H&S price measurement from the pre-earnings close is almost exactly at today's close (see yellow dotted line). Also piercing the $90.28 gap window, with the gap fill at $80.76 (August 2023). Now, depending on the desired length of a swing trade, it is worth noting comparable earnings drawdowns that did not rebound the same or following day: ROKU (February 2024) NASDAQ:ROKU Just now retracing six months later. PTON (November 2021) NASDAQ:PTON Not yet recovered, if ever. NFLX NASDAQ:NFLX The positive: January 2022 fall on earnings saw a four day down period before a quick partial recovery. The long wait: April 2022 fall on earnings took about six months before retracing to similar levels. Not financial advice.
NASDAQ:PDDLong
by XrayTrades
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