BTC Possible scenarioBTC is making inverse Head and Shoulder Pattern. if it plays we can see some bullish movement here
Inverse Head and Shoulders
Meme stock alertInverse HS and bullish flag forming. It has already tried to break the 10-11 zone. I think is going to try again. I opened a small long position, not planning to risk much here bc is a meme stock. Just for fun. Also it could find some resistance at 7. Take some profit there.
AUTOLINE, cmp 1331. Inv Head and Shoulders breakout
2. Twice the price target and more.
3. Do your research.
WIF/USDT BREAKOUT DONE! READY FOR A 40% PUMP!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
WIF/USDT breaks out from the inverse head&shoulder pattern in 4hr time frame. After this breakout we can expect a good 35-40% rally from here. Long some here and add more in the dip.
Entry range:- $2.16-$2.28
Targets:- $2.46/$2.72/$3.06
SL:- $2.06
Lev:- Use low leverage (Max 5x)
Breakout in Electronics Mart from Inverse H&S EMIL has had a breakout and successful retest from an inverse H&S pattern on above avg volume day. The Relative strength is also showing an uptick.
Simple Inverse Head Shoulders PatternBull Targets:
- TP 1 87.8k
- TP 2 97.3k
Pre-reqs:
Getting back above 67k and then breaking 71.7k and holding above
Bear Targets:
- 49.1k
- 44.4k
Pre-reqs:
Lose 60k
Good luck!
BTCUSDT - Probable Inverse Head & Shoulders with BUILD UP?!Hey guys!
Market's been really challenging lately, specially for those into Futures Trading that's why I'm going to repeat again. I strongly recommend you SPOT trade instead. So, as for BTC goes, the liquidity absorption is real and to either side!
Where to buy?
1) One would be the rising green zone I've marked but this would mean a drop to about 56k or 52k which is pretty heavy. Still is my favorite scenario.
2) I suspect BTC is creating a pattern right now, just right after the uptrend which could be an inverse head & shoulders one. This pattern forming after an uptrend is pretty strong and bullish. However, we still need to see a proper breakout of the neckline otherwise this idea gets destroyed. So I'd buy the re-test of the breakout if it ever happens.
TARGETS
1) Let it run and there are several ways to take profits partially but I'd suggest as long as the uptrend doesn't break, just hold it and take partial profits at massive supply zones. Otherwise, don't touch it.
This idea is to spot for the long term. This asset is still in balanced mode, there hasn't been a breakout of the range yet. However, it's worth to note it's still a good moment to analyze what could happen to be prepared and take action accordingly.
Hope you find it useful!
Kina Tip of the Day: Remember BTC is the father of Crypto, the rest are just babies that follow big daddy so, don't marry any coin at all except for BTC. That's it.
Keep it shiny ⭐
Kina, The Girly Trader
LayerZero(ZRO) is Ready to Go UPLayerZero(ZRO) has been listed on various exchanges for less than 3 days, and it has been trending downward due to the Airdrop that LayerZero(ZRO) had.
What is LayerZero(ZRO)!?
LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner.
From the point of view of Classical Technical Analysis , LayerZero(ZRO) seems to have created two Reversal patterns : an I nverse Head-and-Shoulders Pattern and a Falling Wedge Pattern .
I expect LayerZero(ZRO) to rise at least until the next Resistance zone($3.67_$3.50) after breaking the Neckline and Resistance zone($3.17_$3.08) .
Note: An important point you should always remember is capital management and lack of greed.
LayerZero Analyze (ZROUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TELEGRAM #TON to $7Inverse head & shoulders
1st cycle coin
Log targets should be met
Note the neckline has been approximated because of the price action
but I think it is good enough for what we need from this chart.
After this trade I retireTrade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you feel comfortable. Is a long run, is a chess game. Only the persistent will win.
Stocks Good. Crypto Meh. And I Am Pulling My Stops.Traders,
Market makers continue to torture crypto longs but their time is growing short. The U.S. stock market continues to press higher, led by mega-corp giants like NVidia. It is simply a matter of time before crypto follows. In the meantime though, I am tired of playing this game with MMs. For the first time since creating my public portfolio, I've decided to pull out all of the stops on my long entries. I am going to pop a few cold ones and chill for the weekend. I just don't want to play that game anymore. But please. Don't take any of this as financial advice per usual. You do you. I am only here to entertain you all with my poor choices.
Bitcoin - bullish rally is comingWednesday was special
We rose strongly on inflation news..and We lost the rally with the interest news
Yesterday there was positive news about PPI but the price decided to go sideways We are still above the 100, 50day ema
We are still above the important 66k-67k Let's see the price interaction today
Returning above 68,500-69,000 and a daily close will return the full positivity to Bitcoin, and it will only have 72k left to break it and then rise..
I am still waiting for a new ATH, and I will not change my opinion except by breaking 60k
and weekly close below it
Best regards Ceciliones🎯
BTC: Time to RunBTC seems to form a nice inverse head and shoulders pattern on the daily chart. There's also a much larger positive consumer sentiment towards crypto going on another run. Set your stop losses and join the ride to push BTC up to 80000.
Renewable energy stocks coming back?I saw some other stocks of the same segment doing bullish patterns. We have a potential double bottom fighting with downtrend line resistance. I think is going to bounce back and forward between the 13.5 support level and the downtrend line until something breaks. The double bottom (inverted HS in the daily timeframe) tells me that the price wants to break up the downtrend from September 2022. SL triggers if a weekly candle breaks down and closes under the 13.5 level support.
CVNA Big Bullish PotentialHey guys!
Found a setup I happen to really like that Carvana NYSE:CVNA has been forming this past few months. I generally would stay away from a company/stock like Carvana, as potentially bankrupt-bound companies are not what I like to trade. But I couldn't help but realize the Cup & Handle being formed on the weekly chart currently. Below are some highlights of what I find attractive in the technical layout of this setup:
- Weekly Inverse Head & Shoulders / Cup & Handle
- Momentum is leaning bullish (TTM_SQUEEZE)
- Bought up from $20 demand zone
- Daily Chart has ema cloud bounce
- Decent Volume Accumulation
Limits to this / confirmation needed:
- Weekly ema cloud testing key area
- Monthly Ema Cloud key level as well
Closing Notes: I do believe that this technical setup is very strong. I also like that not many of the fundamentals & catalysts will likely play into this as Q3 Earnings just reported. This ER also swung a profit in EPS, and sent a pop in the stock adding to some positive sentiment surrounding NYSE:CVNA
Overall I am looking to go long on a bullish retest of some sort and wanted to share a setup I have not seen in a while!
Potential Mid to Low 60's Accumulation Zone Potential opportunity for longer period inverse head and shoulders to play out. Could be limit order entry opportunities. This would help build strong support base, as well as give the cycle the time it needs to be a right translated cycle instead of a left translated accelerated cycle. That puts us end June before move to crush through ATH.
BTC:POTENTIAL INVERSE HEAD AND SHOULDER FORMATION!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
Bitcoin (BTC) Update:
BTC is forming a bullish inverse head and shoulders pattern on the daily timeframe. The price is currently attempting to break above the neckline, which could signal a significant price increase.
Here's what we're watching:
Confirmed breakout: A clean break and close above the neckline is key for this pattern's validity.
Price target: If the breakout is confirmed, we could see a rally of 20-25%, potentially reaching $85k-$90k.
Let me know your thoughts in the comments below!
BTC Inverse Head & Shoulders on Daily ChartInverse H&S Pattern is almost completely formed on the Daily Chart.
A Break and close above $71 734 on Daily chart could result in measured moves corresponding with the moves in the Inverse head and shoulder pattern. My prediction: if a Daily close above this level, then we'd see a break upwards to FWB:77K , retrace back to neckline, and bounce up to $86, 625.
First price target: $77, 000
Second Price Target: $86, 625
Amateur pattern and technical analysis trader. NOT investment advice. Making these posts to document my own journey and thought processes/development on here.
GBPAUD has oppourtunity for Inverse SHS patternGBPAUD, wait break 1.9230 with full candle dan wait for retest, will give us oppourtunity for inverse SHS pattern. with target Take profit at 1.9400-1.9450 dan SL i will put at 1.9130.
Lets See
Happy Trading
Disclaimer On
ETH Support 3700 Appears To Be HoldingETH ETFs will give Ethereum and therefore altcoins a nice bump/pump and I believe that, as long as ETH can hold this current support level at around 3700, then Ethereum and altcoins have found their local low. In other words, altcoin season is close. Supporting this theory is this inverse H&S pattern which I spotted well before the right shoulder had even formed. We can now see that this pattern appears to actually be playing out and Ethereum should remain strong for the remainder of 2024, though the possibility of breaking support at 3700 and dropping to 3500 still remains relatively strong as well before further upside. Adjust all stops and plan accordingly.
Flare has 1 daily candle close above the invh&s neckline. Fairly big candle that closed above the neckline too and the bigger the candle the higher the probability that it can flip that neckline to support. However we all know how often price action will fallback below an invh&s neckline before the real breakout occurs, so for now there is no confirmation or validation that flare has broken up from this pattern just yet. We should know within the next 2-3 daily candles if its gonna breakout now or if its gonna go back under the neckline though if I had to guesstimate. Should it validate the breakout here, the breakout target is around .37 cents. *not financial advice*
British pound looking goodGBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
