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Inverse Head and Shoulders

KCSUSDT is ready to go higher! 🔥 KCS is on flames! From my previous idea,() the price had more than 12% and now it testing the new resistance after the breakout from the descending weekly channel. Now the price is testing the previous resistance as new support. How to approach? We are waiting for the new breakout from the 22$ level and if the price is going to satisfy our rules, we could open a new long position. Next resistance is on 23.5$ What's new on KCS? The Burning Program is a bullish event! Known as the "People's Exchange", KuCoin is a Top 5 Crypto Trading platform with over 600 coins and 10+ million users. KCC is a public chain project initiated and built by the developer community of KCS and KuCoin that aims to solve the network latency and high gas fee of Ethereum. KCS is the native token of KuCoin Exchange and KCC. As the KCS whitepaper was released, the new era of KCS is dawning. With the vision of "from geeks to mass adoption", KCS is building a blockchain-based value sell-circulation ecosystem. KCS will redistribute the 90 million KCS locked at the time of issuance, from which 20 million KCS will be directly burned. KCS will connect the world of both centralization and decentralization and will build a Web 3.0 ecosystem. KCS Management Foundation is established to empower the KCC ecosystem. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
14
GBPUSD | Live position review | Follow-up detailsIn the last couple of hours, we witnessed a retracement into the neckline of the inverse head and shoulder pattern identified on the 4H time frame and this appears to be a confirmation for bullish momentum if the price does not break below the bullish trend line. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
1
GBPUSD | Live position review | Follow-up detailsGBPUSD positions appear to be doing well at the moment as we currently experience over 70pips moving in our direction. But it's not yet a tangible reason to be excited as the current structure needs confirmation in the form of a retest/rejection of neckline @ 1.32 to the upside to seal the uptrend continuation. See my previous video on this for further details (see link below) Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPUSD | Live position reviewThis is a follow-up detail of the video I published on this pair during the weekend (see link below for reference purposes). It appears as though the price is about to break out of the neckline at $1.32 which shall be our confirmation for bullish momentum. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
3
GBPUSD | Perspective for the new weekA reversal pattern was identified on the 4H time frame as the pound appears to have bounced up to erase previous losses in recent time. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Inverse Head and Shoulder) NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
KCSUSDT is going to create an inverse head and shouldersThe price had a breakout from the daily dynamic resistance and now the market is trying to have a breakout from the weekly resistance. On the daily timeframe, we can see an inverse head and shoulders and the price creates its neckline on the weekly How to approach? We are monitoring the price action, we made more than 11% since the previous idea. Now I'd like to see a breakout from the neck line with volume, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
LTCUSDT is testing the 4h resistance The market had an important bounce on the Monthly key level and it created an ascending channel The price is testing the 4h resistance right now after the market created an inverse head and shoulders on the daily timeframe. How to approach? If the price is going to have a breakout from the 4h and weekly resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
6
Paypal (PYPL) getting interestingWas doing some weekend homework on stocks my social media followers are into while I watched the last few episodes of Billions and came to NASDAQ:PYPL . I've been watching this stock since it hit my alert at 195.59 in November. The last two weeks of price action have piqued my interest. On the 30 minute timeframe (which I consider the swing trading timeframe) there have been two potential reversal patterns playing out. The first being an inverse head and shoulder defined by price spikes being bought up... followed by a short term Ichimoku/50% Retracement. The latter presents the favorable risk/reward scenario. Price getting back into the 180s would trigger a tight stop but if price holds this reversal a long term trader/investor would be good for the rise to retest the highs over the next year.
NASDAQ:PYPLLong
by norok
2
Road to 84.5K #BTC Is Now INEVITABLE#BTC IS ROARING TOWARDS 84.5K. I've been calling this for months on in. Easier Said than Done tho, WELL DONE BTC & Krypto Community. This video describes a pattern formation ive been track since the end of July. Its a basic inverse head & shoulder formation playing itself out in a Historical Trend Setting Fashion. Also i provide proof on The Moon Phase Indicator, which seems to favor the trend changes a bit better on the weekly charts. One exhausting fact ,is that, each weekly phase consist of 7 Daily Values. With tht in mind u sometimes have to wait for the weekly printed Moon to appear for drastic change to take place.
COINBASE:BTCUSDLong
by DaRealRePUBLIC21
BITCOIN - FALL TO $35K AND RISE TO $58K OR FALL TO $30K AND $20KRight here is my idea on Bitcoin. As we all know we have an head and shoulder pattern on this chart which predicts a fall and an inverse head and shoulder pattern on this same chart which predicts a bullish trend. So for the head and shoulder pattern to work, price will hit the yellow resistance line at $41,400-$42,00 and if it rejects, it will fall back to the neckline at $30,000 and may eventually fall more to $20,000. Also, for the inverse head and shoulder pattern to hold, I expect price to first go up to the supply zone at $43,000. If price rejects the zone, then I expect price to fall to $35,000 to form the right shoulder, then long to $58,000. Therefore we have two likely moves here. Either price fall to $35,000 and rise again to $58,000 or price fall to $30,000 and continue to fall to $20,000. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.
BITSTAMP:BTCUSDShort
by PetrockFxTrading
[BTC/USD] BITCOIN-ALL INDICATORS LOOK BULLISH NOW! BEARS LOST! Well, after many weeks in agony waiting to see what Bitcoin actually does, I believe today is the day for me to pull the trigger. On this video you will hear about all the indicators yelling bullish signals. This inverse head and shoulders was confirmed for me and completed when it broke the neck line resistance on Valentines day Feb 14th, 2018, indicating a bullish reversal about to take effect. The average rise when this happens is approximately 38% up. So, I marked it and also used some Fibonacci retracement lines for some targets. In a way this sucks, because I really wanted to buy bitcoin at about 6k or lower, but unfortunately I didn't get that chance.. The charts are telling me something totally different despite my bias emotions of hoping it would go down. So I'm sticking with the charts and going all in today. The next major period when I believe FUD will occur may cause some panic selling with potentially the G20 Summit this year in Buenos Aires, Argentina Nov 30th, 2018. Germany and France and other countries will heavy regulate crypto which may cause some panic selling and we may see some lower lows. For now, I believe the growth or momentum will be slowly back up in a bullish trend some normal healthy dips... Per my observation, I believe the bear trend might be over! If I'm wrong then I guess I wont loose and neither will many others since you will be able to buy bitcoin much, much lower.. But based on my observation of these charts today don't count it! So, for now this agony and anticipation is over! I can finally chill out now and have some fun! If you enjoyed this video don't forget to like it.. Thanks, CryptoBuzzAnalysis PS. Disclosure: This is not financial or trading advice. You are responsible for you own actions and should do your own research.
COINBASE:BTCUSDLong
by CryptoBuzzAnalyst
1