BTC BUY PROJECTIONBuy at CMP First TP at $68100 & second TP at $83500
Break above $71500 for more possible position
Head and Shoulders
BTC Daily Time Frame H&S Price Target ~54,500I see a head and shoulders pattern has formed on the daily and 12 hour time frames with a down side target around 54,500 USD. This is a short term Bearish outlook that I believe could play out over the next 24-48 hours or less. There are potential moves to the upside, but I’m leaning toward this playing out. There are many longs that could be taken out, while the shorts flip providing major upside moves. Not financial advice. DYOR.
Head and Shoulder Look But....NASDAQ:ARM busting through this $152 area will negate that head and shoulders top look.
Wedging up on that right shoulder so not a breakout I would be interested to buy here. Just watching to see how this resolves and for #feedback
Long term Buy on UBER cmp $86.34Uber has given a clear breakout on the monthly charts above $82.14. Considering this move i have a target of $140 in coming months.
CMP : $82.14
Expected: $140-155
DC. Reversed Head and Shoulders.The potential formation of the "Inverted Head and Shoulders" pattern indicates a local trend change is coming. Considering all my previous ideas and considering what the chart says - a change in the global trend is coming. Structures are being built, structures in the plural, which together can create a bullish trend. And in my subjective view, the trend can be impressive.
XYOusdt Trading opportunityXYOUSDT has achieved a magnificent breakout from its downtrend, showcasing a potential inverse head and shoulder formation. The price is currently forming the right shoulder of this pattern, with a broad accumulation zone that can accommodate most of the right shoulder formation. Targets are clearly delineated on the chart, ranging from immediate to final levels. For this setup, I recommend a 25% stop loss and suggest trading on spot to allow for proper room for dollar-cost averaging (DCA) if feasible.
Shiba INU - Ready for 80% Run ??Shiba INU is at very sweet spot.... any movement from here can give 80% return ...
It has all possible bullish formation that can give a big bull run !!! Keep a watch everything is mentioned in the chart, read it carefully :-)
TWTUSDT: Breakout Imminent or Bullish Reversal in Danger?Yello, Paradisers! 🚨 Is TWTUSDT on the verge of a major breakout, or are we in for a reversal? Here’s why you need to pay close attention! 👇
💎TWTUSDT is showing signs of bullish momentum after forming a double bottom and breaking out of a resistant trendline. Currently we’re seeing the formation of an inverse head and shoulders pattern just below the resistance zone—an interesting development that could hint at a bullish continuation.
💎If TWTUSDT breaks out of the resistance zone and closes a candle above it, this would significantly increase the probability of a bullish move. Watch for that confirmation!
💎In the event of a fall, we could expect a bounce from the support zone. However, to strengthen the bullish case, it would be better to wait for an I-CHoCH (Internal Change of Character) signaling a return to bullish market structure. This would put the probability back in our favor.
💎A breakdown and candle closing below the support zone would invalidate our entire bullish outlook.
🎖Stay patient and disciplined, Paradisers. Wait for the best setups and confirmations, as always. Consistency and careful strategy execution are the keys to long-term success in this market!
MyCryptoParadise
iFeel the success🌴
Inverse HSWell, It's almost perfect I just bought GGLL, even if it pulls back I'll buy more bc price is trading in a strong uptrend.
EUR NZD - Potential Head & Shoulders Pattern Forming? Taking a look at the EURNZD chart, we may be seeing a potential head and shoulders pattern emerging! This classic reversal setup often indicates a shift in trend direction, typically from bullish to bearish.
The left shoulder and head seem to be forming, with the possibility of the right shoulder completing soon. If this pattern plays out, we could expect a potential downside move once the neckline is broken.
However, as with any setup, it's important to confirm with other indicators and manage risk accordingly. What do you think? Are you seeing the same pattern, or do you have a different view?
Drop your thoughts and comments below!
#EURNZD #ForexAnalysis #HeadAndShoulders #TradingPatterns #TechnicalAnalysis
EURNZD: Overbought Market & Correctional Movement 🇪🇺🇳🇿
EURNZD looks overbought after a test of a key daily resistance.
The price violated a support line of a rising parallel channel
and a neckline of a head & shoulders pattern on a 4h time frame.
With a high probability, the market will keep falling at least to 1.788
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Is BELUSDT Preparing for a Bearish Break or Setting a Trap?Yello, Paradisers! Are you ready for what could be a pivotal move in BELUSDT? This setup is hinting at a potential bearish shift, but let’s look closer to see what could confirm this view.
💎BELUSDT has completed a liquidity sweep and shown a Change of Character (CHoCH), signaling a shift towards a bearish market structure. It has also broken down from its ascending channel and is currently forming a Head and Shoulders pattern, which adds to the probability of a further bearish move.
💎Now, if BELUSDT breaks down and closes a candle below the key support zone, it would validate the Head and Shoulders pattern and significantly increase the likelihood of a bearish continuation.
💎However, if we see a rise from this level, BEL could form a Double Top structure from the bearish Order Block (OB). But it’s crucial to wait for another internal CHoCH towards the bearish market structure to strengthen the probability on our side.
💎That said, if the price breaks out and closes a candle above the bearish OB, it would invalidate our entire bearish outlook. In this case, it’s best to remain patient and wait for a more reliable price action setup to develop before taking any new positions.
🎖Remember, Paradisers, patience and discipline are key. Always wait for confirmed signals before making a move—let the market show its hand, and don’t get caught by emotional decisions. Consistency over impulsivity is the only way to make it long-term! Stay sharp!
MyCryptoParadise
iFeel the success🌴
Alikze »» INJ | Reverse head and shoulders pattern - 12H🔍 Technical analysis: Suspect an inverted head and shoulders pattern
- In the analysis presented in the 12-hour time frame, it was mentioned that in case of selling pressure in the range of $25, the correction will continue until the Fibo range of 1.618 in the range of $18.75.
- It is currently moving in an ascending channel.
- It has faced selling pressure in the middle of the channel.
- Due to the formation of the inverted top pattern, in case of breaking the Fibo 1.618 and stabilizing below the 18.75 area, the correction will continue until the liquidity area and the origin of the movement.
- Therefore, according to the zigzag correction structure, this correction can extend to the liquidity area and complete the correction leg C in the specified areas.
💎 Alternative scenario , if it stabilizes in the range of 18.75, it can grow to the middle of the channel in the first step and then to the range of the supply area of $25.
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BINANCE:INJUSDT
This is huge!What is going on in the Czech Rep.? This is going to blow up, I'll keep adding until the break out, bc it is going to break out. SL very wide but I don't think is coming back down that much.
$BTC Inverted Head and Shoulders - Max Pain is OverAlmost positive we’ve seen the bottom for Bitcoin at this stage in the game.
Inverted Head and Shoulders pattern on the daily.
CRYPTOCAP:BTC waiting for the Golden Cross and daily close above the major resistance trendline ~$68k
Everything we see from here on out is purely market manipulation, nothing more.
CHZUSDT: Is a Major Bullish Reversal on the Horizon?Yello Paradisers! Are you ready for what might be a big move in CHZUSDT? It’s starting to show some strong bullish signals, and missing this could be a mistake. 👀
💎CHZUSDT has displayed a Change of Character (CHoCH) along with a Break of Structure (BOS), pointing towards a bullish market structure shift. Additionally, the formation of an Inverse Head and Shoulders pattern is further boosting the probability of a potential bullish move.
💎But here’s the crucial part! If CHZUSDT breaks out and closes a candle above the resistance zone, it will validate the pattern and increase the probability of bullish move.
💎In case of a pullback, we’re looking at the strong demand zone as a potential bounce area. However, we’d prefer to wait for an Internal CHoCH that realigns the market structure into bullish territory before making any moves. This confirmation would enhance the probability in our favor.
💎On the flip side, if CHZUSDT breaks down and closes below the strong demand zone, it would invalidate the entire bullish setup. At that point, it’s wiser to step back and wait for a clearer price action to develop.
🎖Patience and discipline are key here, Paradisers. Wait for the best setups, and don’t rush into trades without solid confirmation. Trade smart, and stay ahead of the crowd!
MyCryptoParadise
iFeel the success🌴
Arm Holdings (ARM) - Head and Shoulders Pattern, Target $78-$94Overview: Arm Holdings (NASDAQ: ARM) is forming a classic Head and Shoulders pattern, a bearish reversal pattern that signals a potential drop in price. The pattern is visible with a left shoulder, head, and right shoulder clearly defined. The neckline support is around the $140 area.
Technical Setup:
Pattern: Head and Shoulders
Breakdown Level (Neckline): ~$140
Target Zone: $78 - $94, as projected from the height of the head to the neckline
Key Resistance: $164 level (former high)
Earnings Catalyst: With earnings approaching, the release could act as a potential catalyst to expedite the completion of this pattern, either causing a breakdown below the neckline or a temporary rebound before further selling pressure.
Price Action:
A breakdown below the neckline could see the price falling to the target zone of $78 to $94.
Watch for any bounce around the neckline, which might offer a better risk/reward entry on confirmation of the pattern's completion.
Risk Management:
A daily close above the right shoulder (~$148) would invalidate the pattern and warrant a reevaluation of the setup.
GTLB - Are we back again for a long trade?GTLB - Finally showing some signs of life. Good breakout today.
Long anywhere between 50 - 54
Stop Loss - 46
Target 1 - 60
Target 2 - 70 (after a drama)
Silver's Potential Rebound: Inverse Head and Shoulders in Play?The short-term outlook for silver bulls isn't very encouraging. However, taking a broader view, silver might be forming an inverse head and shoulders pattern. A decline to the $29-$30 range could mark the formation of the right shoulder. For the pattern to confirm, prices would need to break above $32.38, which could then suggest a potential move to $38.45.
What do you think about silver's prospects? Share your thoughts in the comments.
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.
Should we get ready for Brent Crude oil at $94?Crude oil prices have risen by 18.5% since September, and the charts indicate the potential for a move toward $94 per barrel. This is based on the possibility that Brent crude oil may be forming the right shoulder of an inverse head and shoulders pattern. For confirmation, we would need the price to reach the low of the left shoulder at $74.96 before triggering the neckline at the October high of $80.99. If this happens, the pattern would complete, suggesting a target of $94.
What are your thoughts? Do you think this pattern will play out, or was the October high a multi-month peak?
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.
XAUUSD: Double Top/Head and Shoulders
From a broader perspective, gold currently resembles a head and shoulders pattern. However, if we focus on a smaller scale, it appears to be forming a double top. For now, we will base our market analysis on this smaller pattern to guide our trades.
Typically, after a double top forms, a rebound often follows. This is one of the primary reasons why I recommended a buy position before yesterday's close. When bullish momentum is strong, the price tends to rebound towards or even above the resistance level. In cases of weaker bullish strength, the rebound peak may fall below or only reach the resistance level.
Given the current state of the market, the bulls still hold decent power, making it likely that the rebound will test or even surpass the resistance zone around 2629-2638. This area can be considered as a potential exit point for long positions and an ideal entry point for shorts.
For short positions, the initial target can be around 2596, which was a previous resistance level during the uptrend. The mid-term target aligns with the low formed during the left shoulder of the head and shoulders pattern, around 2558. The final target would be near 2518, the starting point of the head and shoulders formation.
Every trader has their own preferred strategy, but the key is to align with the overall trend. Even if short-term volatility creates challenging situations, staying patient and trusting the broader market direction will lead to success in the end. The process may involve several tests, but perseverance and timing are crucial.
My GBPUSD Prediction My Prediction is that Price is Gathering more Liquidity by creating A head and shoulders pattern to fill in imbalance.
Is SOLUSDT About to Break Down?Yello Paradisers! 🔥 Is SOLUSDT on the verge of a major bearish move? Let’s break it down! 👀
💎SOLUSDT has flashed a Change of Character (CHoCH), hinting at a shift toward a bearish market structure. The current setup is starting to resemble a Head and Shoulders pattern, a classic signal of an impending downtrend.
💎Additionally, after the CHoCH, we saw a Bearish Engulfing pattern forming right on the resistance zone, further strengthening the bearish case. However, a supportive trendline below could provide temporary relief, so caution is essential!
💎If the price rises from the current level, a pullback from the strong resistance zone may be in play. If an Internal CHoCH (I-CHoCH) appears from this resistance area, it will reinforce the bearish potential and signal a continuation of the downtrend.
💎That said, any breakout and candle close above the strong resistance zone will invalidate this entire bearish outlook.
Stay patient and trade with discipline, Paradisers. The market is at a crossroads—let the charts confirm the move before jumping in. This is where strategic planning separates consistent traders from the rest.
MyCryptoParadise
iFeel the success🌴
