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Head and Shoulders

Why is BTC down today?Stocks and crypto both down the last couple of days. BTC often levers the remainder of the cryptosphere up and down based on it's own direction. Very much like a teacher and a group of students. Most will do what they're told, but there will also sometimes be a couple of rogues that don't follow the pack. With regards to BTC, we could be looking at a head and shoulders top. We've seen a piercing of the neckline today, only to rebound back above it. I'd say that if we see a decisive open and close below the neckline on a 4HR timeframe (minimum) H&S will be confirmed and we'll be down to the long purple box where there lies good resistance. Fear not! This is normal, natural and if you're an investor don't go chopping and changing. Just enjoy your weel and look out for the next few posts where we could leverage a great buy back with some extra cash. So, if you're going to do anything - raise some capital to add in! Follow and share for more.
by cryptechcapital
1
ETHUSDT: A Crucial Moment for Ethereum!We’re back with an Ethereum (ETH) breakdown and update following the significant moves we’ve seen in the past weeks. The market is at a critical point, testing key levels that could dictate ETH’s next big move. 📊 Key Highlights: • Inverted Head and Shoulders: ETH formed a textbook setup on the weekly timeframe, triggering our alert at $2,935. • Liquidity Sweeps: Multiple higher lows were swept at $3,600, $3,300, and $3,060, signaling a battle between buyers and sellers. • Spot Position Adjustments: I offloaded positions at the $2,935 level, capitalizing on the momentum while monitoring for the next opportunity. 📉 Bearish Pressure: • High volume on the H4 suggests sellers are in control for now. Buyers need to reclaim key levels for ETH to regain momentum. • While a dip to $2,300 seems unlikely, it remains a possibility in the rangy crypto market. 📈 Bullish Outlook: • If ETH holds key support and buyers step in, I see potential for a massive rally targeting $6,000–$7,000 during the next bull run (not financial advice, just my personal outlook). Are you ready to navigate this critical moment for ETH? Or will you sit on the sidelines as history unfolds? 👉 Watch the full breakdown and stay ahead of the market with precise analysis. Don’t miss out—this could be the setup you’ve been waiting for!
by BlueOceanFxAcademy
4
Bitcoin doesn't want to go anywhere - here's whyOnce Bitcoin reached ~100k, it entered a period of sideways movement and seems reluctant to leave this range. This forms a solid base for a market that's gearing up for a strong move, one way or another. The price action is currently punishing both bulls and bears. Up to 103k, the picture was clear with higher highs and higher lows. But afterward, traders have been getting stopped out on both long and short positions. The first major TRAP occurred when the price fell below the neckline, causing bulls to close their positions, fearing a major drop. Bears, anticipating further decline, shorted the market. However, the price rebounded, closing out early bear positions at the first pain limit (marked on the chart). Just before the weekend, we witnessed another TRAP; the market again dipped below the neckline but then rallied. The second pain limit for short sellers is now evident. The current situation is intriguing; both bulls and bears might be getting weary, with the CMC Crypto Fear and Greed Index confirming a neutral stance. The market has been trading within a range for some time now. The longer this range persists, the more potent the breakout will be. The neckline has become the WAR FRONT LINE. It's hard to predict the winner, but the good news is it's easy to follow. When the market is above the neckline, bulls are in command (remember, bears are currently trapped!). Once the neckline breaks ($90-91k area), oh boy, bull's pants might be full of...
BITSTAMP:BTCUSD
by VineyardWave
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.
CRYPTOCAP:TOTAL3Short
by RabishankarBiswal
Head & Shoulders trap on Soybean OilSoybean Oil has drawn a nice Head & Shoulders pattern. After breaking the neckline, the market should have fallen - but it did the opposite, it's rising. Now, short sellers are trapped, and the market is set to punish them. They have stop losses in obvious places - TARGET 1 is the minimum the market is going to hit. TARGET 2 is very probable in my opinion; long term, Soybean Oil is in an uptrend, and the H&S failure was the Bears' last breath.
CBOT:ZL1!Long
by VineyardWave
Making Sense of BTCHopefully this is an easy to understand prediction of whats really going on - We have a H+S with the neck more or less around our current support at 91-92k. Market has been very dissonant and so formation of the left shoulder, the tops, all seem funny looking but as you can see the overall price action averages out to the lines drawn. The cup is even more of an approximation than the H+S, but if you try to fit it well the end of the cup usually always ends around 102-104k. Right now we are riding up the right shoulder and the top which I haven't spent too much time trying to figure out could maybe be anywhere from 97.7k to a little over 99k. The net money flow from now until the tip of the shoulder might really determine if the price will break low enough below the neckline to take us below 91k. If you don't want to see under 91K, I might suggest to avoid buying above 96k under all circumstances, unless it can break 102 with enough momentum to probably break 104k as well. Probably unlikely in the next few days. On the way down from the right shoulder if the price makes a strong rebound around the 93kish level with strong volume and also holds for at least a couple days it could be a bullish signal that the 91k support is moving up. Below 92k again would make me pretty bearish. If our runup right now doesnt take us back above 96k and instead stops and reverses from 96k, this setup is most likely invalidated and reversal at 96 might mean sideways consolidation between 91-98k for a while longer or perhaps something much more bearish. If you've contemplated such a scenario please do leave a comment or link below.
by sadture
1
Cameco Corporation (US) Stock Quote | 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 # Cameco Corporation (US) Stock Quote - Double Formation * 43.00 USD | Area Of Value * 52.00 USD | Downtrend Continuation | Subdivision 1 - Triple Formation * (Neckline) | Entry Bias | Long Support | Subdivision 2 * Head & Shoulders Structure | Reversal | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:CCJShort
by TradePolitics
ETH/USDT Ready to Explode? Inverted H&S Reveals Key Buying LevelDeep dive into the ETH/USDT market analysis across monthly, weekly, daily, and H4 timeframes, identifying a potential buying opportunity. I’m closely watching key levels, particularly around the $2900 area, as an inverted head and shoulders pattern emerges on higher timeframes. Tune in to the video for a detailed breakdown and insights on this setup! If you find this helpful and insightful, make sure to follow, boost the post, and share it with any other traders who could benefit from this analysis. - @BlueOceanFx
Long
by BlueOceanFxAcademy