inverse head and shoulders ethI think we are about to bounce down to 2850 ish and that is the end of our elliot wave cycle and should push the 1d RSI our of consolidations.
We go be bullz now :)
Shoulders
4h Inverse Head and Shoulders to 1817 targetSmall pattern spotted, it just activated, Im adding extra positions here
Gold Inverse Head and Shoulders (not activated) target 2100+, activates 1900, trying to anticipate it happening before it activates
LTC - looks like it done for nowTo me, it look like LTC has a clear H&S with a down trend to follow.
It's been a great run up, but LTC needs to retract and rest. I had hoped for near $300 or more. But not this time - unless BTH & ETH drag it up again. I am going to close my trades when there is mininmal damage - but I am over 500% up with leverage, so loosing a bit now is annoying, but part of 'the game'
The drop will provide some good scalps.
Happy hunting.
Clear H & S - it's over for now.SOL has a clear head & shoulders. End of the of our glorious up, up, up.
Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH.
The down trend should provide some good scalping - provided the fall is not to rough and choppy.
NOTE: ETH & BTC dictate for most coins how they will move - keeep and eye on these coins.
If BTC does fall big style (Blood On The Streets) it is possible that SOL could go to $40 or even down to $24. SO, unless you wish to HODL and then buy more on DCA, you might want to consider TAKING PROFITS or selling out and buying back in at a better price (it's what I will do).
Not Financial advice - DYOR.
Happy Hunting.
Natural Gas Big Inverse Head and Shoulders Pattern playing outI have spotted this pattern a bit too late, but now we are few weeks after its activation and target is only half way through. I am expecting this to hit the target before we start thinking about possible top.
What do you think? It looks like a textbook execution, I would be surprised if we fail. Now we also have broken the trendline of the previous two highs and we have printed 2 very bullish looking candles on the weekly to support this going further up, maybe even without many corrections.
On the shorter timeframe I see a cup and handle to support the move higher as well. I am very bullish on this based on these factors. Please share your view.
BTC - 4HJust focusing on current price action, pretty confident in this bias.
Higher time frame analysis also aiding this bias.
4 Hr. "INVERSE HEAD & SHOULDERS" BULLISHClassic Inverse Head & Shoulders bullish idea.
Enter long at green, exit for loss at red or exit for gain orange lines.
DISCLAIMER:
I'M NOT A PROFESSIONAL TRADER AND THIS IS NOT A TRADING ADVICE.
BTC ... A DAUNTING pattern ...Evening everyone!
Back on Tradingview this evening ... With something like a lot of people might not like to see!
In our defence, it might very well be a good thing for this market in the longer term, with a more profound pull back on the cards!
Let us know what you think!
Head and Shoulders pattern on the 4HTarget is 31,150ish or it might wick down to 29k. before a bounce on 31.2k maybe?
#BTCUPDATE - 15.7.21
ARE WE GOING TO BOUNCE?
No update on the bullish path from yesterday a bounce here will look to confirm a bullish H/S pattern and see a strong challenge of breaking the key $33k resistance.
Losing the $32.2k here though could be devastating though - and a quick fall to $31.5k and then just losing support after support to $30.1k
There has been a pretty tight consolidation since the rejection from $33k which suggests a big move incoming.
We need to get above $33k to have any kind of foothold so right now it is bearish short-term still.
My play is to long to $33k and then use a tight stop-loss - if we break $33k then an ambitious target of $34k.
Losing $32.2k then targets are $31.5k , $31.3k and then a stretch to $30.3k.
Technical Analysis Isn't Always RightThis has helped me learn that technical analysis isn't always right. I was seeing a head and shoulders pattern, added my graphics, and waited. I expected the head and shoulders pattern to lead to a downward movement, but instead, an upward push ensued.
I also placed my first ever paper trades after making an analysis. This was a great learning experience and I'm ready to try to analyze what may happen next.
Ethereum - Inverted Head & Shoulders - Reversal PatternPotential 10%+ Gains to the upside today, based on the Inverted Head & Shoulders pattern , which is inside of a 2 day Ascending Triangle pattern
Looks like an imminent breakout in the next couple of hours .
I think hodling on to at least 25% for a possible continuation up from 2,750 wouldn't hurt, but don't Bag Hold if your using Leverage !
Hopefully this monster, multi-week, insane pullback is over. There has been plenty of accumulation. Time to distribute. ;)
Good Luck Trading Today!
ALL Major Crypto's have Reversal Patterns to the UpsideInverted Head and Shoulders, take advantage of it! =)
ETH Inverted Head and Shoulders?! 10%+ Gain Coming!?Looks to me like we got a good neck line break on that inverted head and shoulders coming up around 2,550 and a good target up at 2,750ish for ETH.
Let's get it! :D
BTC DOMINANCEThis is just educational post about Bitcoin dominance. It might performing H&S pattern. Volume is declining from left shoulder to the right as it supposed to by the theory. If is valid then it should decline all the way down to 37%.
If it so, it could mean ALT SZN!
What do you think?
BTCUSD - head and shoulders patternIt looks like Bitcoin is heading for a new low around $20k if this head and shoulders pattern is completed.
WOW....DOGE LOOKS LIKE ITS COMING DOWN FOR MOON LANDINGWHAT DO U GUYS THINK? Is DOGE gonna land hard going down with this daily head and shoulders pattern? if i did the technicals correctly we are looking at a 21 cent DOGE very soon as it looks as if it has broken the neckline, this could be a huge 25% drop/landing bearishly down down down, if im missing something please leave me a comment, if u agree please leave me a comment, if u disagree please leave me a comment, im sorry but i think that doge and possibly bitcoin have topped out and correction is further due, but we know "BUY THE DIP' and lets get rich, i hate to be a bearish of bad news but if this plays out then elon musk is about to lose 1/2 billion dollars lol sorry elon, maybe you should of not started this bear bearish correction huh? well enough said, u see the chart? it speaks volume but to the downside.
SHA256BITTRADER WOW......WOW.... WOW... HEY DOGE COMMUNITY I KNOW THIS WILL STING NOW BUT U WILL REAP THE BENEFITS WHEN IT TAKES OFF AGAIN TO MARS WITH ELON NEXT TRIP IN SPACEX!
BTCUSD H&S fakeout, drop back to neckline support before targetIt's looking more and more like we'll drop back down to retest the neckline of the H&S and we have seen happen a few times before with well know patterns, we will see a 'fakeout' first and then drop back before reaching the targeted measured move.
SHCOMP Returns to trendline by the start of 2023. Everything is explained in font on the graph. Lol. If I'm making an obvious mistake, call it out. Thanks.
Inverse head and shoulders pattern is still in playFantom/USDT is currently forming an inverse head and shoulders pattern with 0.382 fib line as neckline.
Wait for a confirmation before buying! Target 0.618 fib line.
Good luck!
OIL BIG MOVE HIGHER COMINGIt looks like Oil has now bottomed. I am expecting a strong move higher starting within the next couple of days.
I have my first target above but it expected that we will easily run that target.
Long bias on CL, let's go!
