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IHS

BTCUSD D3/M1 charts (3/13/2019)The D3 chart shows a possible IHS forming for those who subscribe to the idea of an IHS bullish continuation pattern. The shorter term target, as we can see, targets the neckline. A successful completion of the pattern suggests a target of the R3 pivot at least, based on the height of the IHS. The monthly chart shows that a possible symmetrical triangle is printing. A bullish push through that triangle's resistance should create a target of around $5200/$5300, based on the height of the triangle, taking price right into the orange supply and the monthly 21 EMA. A breakdown of the triangle would have price targeting the bottom of the large corrective descending wedge at around $2400.
BITSTAMP:BTCUSDEducation
by Chris_Inks
potential targets on XRPgot a symmetrical triangle, inside a larger symmetrical triangle on the bearish side of things...on the bullish possibilities we have a inverted head and shoulder setup and the larger falling wedge pattern....probability in the immediate term suggest a breakdown as we are currently below the inside symmetrical triangle...however there i still time left for a fakeout of this triangles breakdown so for now this idea will be neutral until I see breakdown confirmation.
BITFINEX:XRPUSD
by DrDovetail
BTCUSD H4/D1 charts (2/14/2019)Good morning, traders. Price continues to consolidate within a flag/descending wedge. The target based on the height of the wedge remains, as it was yesterday, the ascending red "neckline" of the possible IHS. But, as I mentioned previously, we need to see increasing candle spread and expanding volume as the right shoulder is completed and price pushes through the neckline. If we see diminishing volume and/or small candle spread then the possibility of further movement up through the descending channel's resistance is significantly reduced. But we do have a few targets if demand shows itself. The shallowest target of $3730 will get price to the red line and is based on the height of the local wedge, $3970 is based on the height of the flagpole, $4100 is based on the IHS, and $4400 is based on the height of the large descending channel. A breakdown of this wedge has price looking for initial support around $3475-$3510 with secondary support around $3430. Currently, price has retraced almost 50% of the February 8th advance. H4 RSI continues to move within the descending broadening wedge it printed, but appears to be finding a possible floor as it flattens out around 45-50. MACD is also showing growing bullish momentum over the past two days. D1 shows price just below the daily pivot with decreasing volume the past three days and doji candles printing. This suggests that supply may be exhausting itself and, if so, we should see price move upward as demand takes over. Until it happens, however, this is just speculation. Traders should always look for confirmation of direction via pattern completions or breakdowns at the very least. The short green horizontal lines on the D1 chart mark the aforementioned targets. Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. Remember, you can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
BITSTAMP:BTCUSDEducation
by Chris_Inks
3
BTCUSD Inverse Head & Shoulder DreamsAbove is the ideal scenario for the inverse head & shoulders on the 4h BTCUSD charts, as per Bitfinex prices. $3,700 is a critical level, not only because it is the .618 fib of the entire wave from $3,200 to $4,380, but it is also the support level of the left shoulder. As long as this level holds, the IHS and cup & handle patterns appear valid, for at least a retest of their necklines, at about $4,300. There is a bearish RSI divergence which may make it difficult to break the neckline, but that may be a battle against the hidden bullish divergence. Realistically, I am aiming for the neckline to further assess conditions, but if the neckline were to break, I believe the 1.618, 2.618, and 3.618 levels of this "right shoulder" or "handle" will serve as appropriate targets, where the 3.618 is in alignment to the measured targets of the IHS and C&H under perfect conditions. Staggering bids at these levels could prove to be beneficial. Stop and invalidation around the $3,600 level. As always, do your own analysis and proceed with caution. Happy trading! :)
BITFINEX:BTCUSDLong
by checkm8
1
S&P 500 Inverted Head and Shoulders Since I am seeing top authors posting here what I have seen a week before already, I will take the grace and let you know about it as well. Its simple, its obvious, I don't have to say more at it, simply take a look. Head and shoulders is a reversal pattern and requires a RED left side. We have it, we are reversing the short term trend, I am longing this one on the break of the neck-line. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
SP:SPXLong
by KongTrading
QTUMUSDT dramatic fall and consolidationQTUM price dramatically decreased when the whole market crashed. The price consolidated around Fib 1 level and formed Inverted Head and Shoulders pattern. Few small candles left to finish the pattern. Up from this moment we expect several growth waves. Our targets set at the reverse points so you can buy and sell at the extremum points. Carefully follow trading strategy in the signal It is too dangerous to deviate from it in current market conditions
Long
by Skyrexio
XHV Potential IH&S Breakout***NOT A PROFESSIONAL TRADER, JUST A DUDE WITH AN IDEA*** XHV looks like it could be setting up for a potential IH&S Breakout on multiple timeframes. Breakout with volume would lead to the following short-term targets based on previous resistances and IH&S target from Head to Neckline. Target 1: 45000 Target 2: 49000 Target 3: 51700 Failure would result in a re-test of the 1HR MA100, MA200 and ascending trendline. Failure to hold support at any of these junctions would result in a re-test of support at the Head of the IH&S followed by strong support at the 25000-26000 zone. Volume is currently low and would need a big injection to validate any potential neckline breakout.
XLong
by lugochild