IHS
iH&S on BTC 8H chart?BTC is now forming kinda inverse Head and Shoulder pattern on the 8H and 2H charts. If played out successfully we can see $45k mark probably after the weekend ends.
On other help hand $35k is acting as a support for now. If Bitcoin breaks it, then it'll be retesting the $30k-32k level shortly afterwards.
LONG QSP/BTC MACRO BOTTOMHere we have a huge IH&S on QSP/BTC. I have had a phenomenal success rate with this pattern. Currently at the range low, fantastic buy for a mid/long-term swing trade. Project looks to be good with some solid backings from reputable companies.
SNGLS/BTC Inverse Head and Shoulders accumulation range BREAKSNGLS BTC pair has broken out of it's long term IHS accumulation range spanning ~1007days before break out.
Measured move takes us to ~499sats ~556% profit potential. The possibility of a retest is not out of the question at this stage imo.
REP/BTC Inverse Head and Shoulders accumulation patternREP BTC pair is forming to break out of this long term Inverse Head and Shoulder accumulation pattern (IHS) ~1060days to date.
Looking for a measured move impulse target to ~5648sats (~572%)
QSP/BTC IHS Accumulation break out.QSP BTC pair appears to be painting an Inverse Head and Shoulders pattern on the HTF. ~970days to date looking for a breakout measured move of ~527% @ 1124sats.
IOST/BTC Inverse Head and ShouldersIOST BTC pair forming daily inverse head and shoulders off the Ichimoku Kumo cloud and 2 big buy signals before.
I'd expect it to complete the IHS, break out and push to the measured move of ~77%@66sats
RDN/BTC IHS/BARR bottom accumulationRDN looks ready to break out of this BARR bottom setup into a bigger inverse head and shoulders pattern on the weekly, then into an even bigger IHS on the daily. Nice bullish patterns!
Both IHS targets and both BARR targets are marked on the chart.
Potential return: ~1200%
BLZ/BTC IHS AccumulationBLZ/BTC pair is setting up for an Inverse head and shoulders reversal pattern on the weekly/daily chart.
It has already played a Bump and run bottom earlier and almost reached the first measured move, but still a good entry for the IHS trade.
Targets are marked for the ~900day IHS accumulation.
BLZ is setting up for an Inverse head and shoulders reversal pattern on the weekly/daily chart.
It has already played a Bump and run bottom earlier and almost reached the first measured move, but still a good entry for the IHS trade.
Targets are marked for the ~900day IHS accumulation.
Back to the pegVery good opportunity to buy ESD.
Although there are some issues with the coupon mechanism, the team is working hard on the V2 update.
Notice the inverted head and shoulders that is forming right now.
BTC IH&S Looking Strong!!! Following 1100% GAINS!!!!GET A LOAD OF THAT BABY!
Yeah I'm excited. BTC looks to be forming a IH&S. I've been watching it for a few days now decided it was worth a publication. Lets take a look!
The Red trend lines that converge formed a nice support after the 1100% or so climb.
The DMI is also looking like its getting ready for ROCKETS!!!!
The MACD is primed!
Alt season is progressing nicely. BTC.D Sitting on support near 63%. MUST keep eye on this!
Crude IH&S, RS Potentially PrintingFX_IDC:USDWTI - 1H
Given that one of the first things the new President did after inauguration was rejoin the Paris accord, you can't help but see rising gas prices on the horizon. Rather than filling drums and reselling them in 6 months, I ventured away from the cryptosphere and into the WTI charts.
The 1H chart seems to be printing the right shoulder as we speak. I may have longed at $53.05, eyeing a potential neckline breach at $53.85. Should the pattern print, it'll meet resistance $58.17. Should the neckline get rejected, $52.05 would be a target for a short.
This is not investment advice and trading crude oil is presumably high risk.