ALTCOINS BULLISH RALLY AHEAD IF? Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total3 market cap update. Total3 generally indicates the market cap for all Altcoins excluding BTC and ETH.
Now let's get to the chart.
Total3 is forming an inverse head and shoulder pattern here where the breakout of the neckline is still pending.
Once it breaks the neckline we will see a pretty good rally in Altcoins.
I'm expecting a bullish rally in Alts in the month of July and August. All i"m waiting for is to break this neckline. Let's see how it goes.
What do you think about this?
Do you also think that we might see a good rally in Alts in the month of July and August?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Inverse Head and Shoulders
Short Term Setup For NETFLIX – Inverted Head & ShouldersHi Traders,
Looking at Netflix in the 1-hour time frame.
I see an inverted head & shoulders setup.
There is divergence on the MACD Histogram as well as the MA lines and currently, the price is making its way above the neck zone.
We have some nice bullish volume to accompany this break and close above the neck zone.
If we see a calm retrace down to the neck zone, I will consider taking a long position with my targets being previous structure that has not yet been tested.
Have a good Trading Monday,
The Vortex Trader
Audusd potential HEAD & SHOULDERSIf this inverse head and Shoulders occurs, I will be going long at the retest shown in chart for a quick 1:5RR, pay attention to Tp1, though....
Like, Comment your appreciation or encouragement and Subscribe. Thanks in advance, good people.....may the markets be with you.
$AAPL Apple Inc Stock is giving MEGA Bullish Patterns$AAPL Apple Inc. is showing multiple bullish indicating reversal patterns.
Lots going on in this chart lets review:
1. I'm spotting a FALLING WEDGE (marked in white). This could drop lower and tap the bottom trendline on the wedge for a third time before reversing, however, it held the $135.50 support Friday indicating a higher probability for upside. The first target/resistance level on the falling wedge is marked in white horizontal line.
2. Diamond bottom pattern is forming. Any sideways movement will only mark the probability of this pattern higher for a breakout.
3. Inverse Head & Shoulder. IF THE FALLING WEDGE reaches the first target and rejects, that will form another neckline to a inverse head and shoulder and the rejection could form the right shoulder. So far there is a more slanted inverse h&S that has currently formed on the chart, in addition, the selling volume is highest on the left shoulder indicating a textbook inverse H&S.
The RED bar marked near the top of the high is a GAP.
I'm adding APPLE to the top of my watch list for Tuesday morning and I will be observing these patterns closely for breakouts.
Apple has taken a big hit as all of the tech sector has in the stock market.
As far as fundamentals, no brainer that Apple is a leader in TECH.
BTC Month chart from july 2022/april 2024 Theory. If BTC do an Inverse H&S, would play out as going towards $60k end of year 2022, retracing to $30k between the coming months of 2023, consolidating and uprising towards $60k again breaking up. end of target $98k.
RSI, would rise like 2018 meaning we had reach $60k or close to it. then consolidating to areas of not oversold but lower. similar as 2018. gaining momentum as we try breaking ATH. for setting a nice 92/96 RSI
new ATH
BTC-Bitcoin Halving is set for 2024 april 2 or sooner. by that time we should be ready for the bull market, real price discovery might happen 2024.
Reason. we had force selling from miners. china ban./ then having leverage force selling. $$$ on sidelines waiting to play this monthly pattern. not looking at daily or weekly.
Moving Average would act as support for a while during $35k weekly chart. if IH&S plays out.
Final target $130k? then Correction A.K.A Bear market?
RSI lines are for MONTH. ignore Weekly
Inverted H&S PatternThis is an inverted Head and Shoulders pattern
Left Shoulder
Head
Right Shoulder
Demonstrative piece
TNX-The chart you should be following very, very closely!!!I posted about TNX at the end of March and warned that we were in unchartered territory. At that time, TNX had bullishly crossed the monthly cloud which was something it had not done during my lifetime nor probably most traders lifetimes.
We are just about to quarter's end (June 30th) and you can see a clear breakout on an Inverse H&S is occurring. I see nothing but tailwinds for this chart within the next 2 weeks so I don't see how we don't close the quarter above 3.056. The measured move implies a target on TNX of 5.502 with the ability to "wick" above to 6%. Debt is becoming more & more expensive by the quarter and it's all happening very, very quickly.
In addition, have a look at the quarterly charts of Wheat, Rice, Soy, Corn & Oil...all of them look to be either breaking out on the quarter or they are just bullish AF.
Inflation, as it relates to what is most essential in life, has not peaked...
RATCH| Elliott Wave Projection | Inverted H&S Reversal Pattern Price action and chart pattern trading setup
> Elliott Wave projection - downtrend final correction position with an expanding diagonal pattern.
> Inverted head & shoulders reversal pattern in TFD with bullish engulfing candlestick
> Indicator: RSI strong bullish signal cross above MA and MACD golden cross signal line
> Entry @ Neckline breakout
> Stoploss @ right shoulder position
> Target @ previous wave 4 and 2
> RRR: 2:1 with -5% downside risk
Inverse Head and Shoulders Pattern in Swerve (SWRV) Hello Traders,
As you can see in Daily time frame, Swerve ( OKEX:SWRVUSDT ) is forming inverse head & shoulders pattern. If this pattern plays out then we can expect around 300% profit, because it is good to exit near $1 as it is psychologically important price.
Remember this is a higher time frame trade and SWRV may take weeks for breakout, be patient.
Also don't forget to manage your risk, if overall market turns bearish we has to book loss.
Leave your opinion in comment section. Follow us for related analysis.
Quickpost: Comparing Inverse head & shoulders on TRXBTC & ETHBCPretty simple idea. TRXBTC on the left is in a developing inverse head and shoulders and price action recently tested the 200 week as support and is now primed to begin to move to target. My trade is going to be on TRXUSD.
The chart has the key details and it is pretty simple and fundamental. My main thing still is leaving my damn trades alone enough. I have entered a small position on TRXUSD but once I see it get above its current resistance I will begin adding to it pretty aggressively in the early stages of the move. Once we get above that resistance I will have a 23 risk reward ratio and I will be putting on some margin.
quick sketch of psychopathythe only way bitty can feel anything anymore is by messing with us...i would not be surprised if she does that here between the ihs arc neckline (2pi arc between recent tops, see previous chart) and the ihs LINE neckline...a retest if you will
(convinced the space between square/line and circle/arc has some meaning on these charts (which are just maps of emotion, something the geo gurus have gotten me thinking about lately)...ideal/avg vs real or something)
gut says double bottom range around here (slightly lower low like 16kish wouldn't bother me) for a few more months...but extra NFA. i'm basing that on my crab rockefeller idea (spirals geo noob stuff)
stay safe out there
fresh air, sunshine, move your body, tell your family and friends how lucky you are to have ppl who love you in spite of (because of?) your degeneracy
i'm not letting bitty hijack my summer!
BTC QUICK UPDATE! BULL TRAP?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is going good so far. It is breaking out from the inverse head and shoulder pattern. But the real concern here is the volume. Volume is continuously decreasing and price is going up which is not a good sign for the market.
Market is in overbought condition. We might see some correction from here.
Strong support for BTC is at $19,800-$20,200 level.
What do you think about this?
Do you think we see a correction from here or do you think that we see more pump?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
flirting at the neckline (bullas tp)lotta bear confluence here...which is my local bias. i do think recent low was a longer-term bottom we will range at for a lil while but nfa...
resistance is 2pi arc of the smaller circle you see (radius = between those two tops)
bearshark zone as well (included some bull harmonic possibilities)
ihs neckline
ihs and hs "fakeouts" are actually just PA following a curved neckline imo (just like irl :-) ) ...trendlines are not straight
NFA...expect the unexpected! a break here would be bullish to mid-twenties imo (w/successful retest)...lots of alts looking juicy if that happens
BTC inverse H&S or triangle#BTC/USDT
$BTC shaped inverse head and shoulders pattern, and now price is below neck line.
🐮 break out from neck line can increase price as high as head toward $25k and $26k.
🐻 rejection from neck line will invalid inverse H&S pattern and price will drop to ascending support around $19k.
#ETH: INVERTED H&S PATTERN! LOOKS BULLISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH looks good here. Forming an inverted head and shoulder pattern in 2hr time frame. Currently, it is in the process of forming the right shoulder. Once it breaks the neckline of the head&shoulder it will pump hard.
A strong support for ETH is at $1050
You can open a long position here with the SL of $1040
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Bitcoin reversal pattern? Inverse H&S on 4hr chartHowdy folks!
highlighting the formation of an inverse head and shoulders for a possible sign of a bitcoin reversal.
$24k needs to become support, $27k needs to be hit to continue going upwards n price and bring favour back towards the bulls
if price crabs at $20k then expect to see lower prices towards $12-13k area for the next most likely bounce area
can go either way here, have fun, play smart x