have I counted them all or missed any? there are many more H&S patterns in lower time frames!
Please hit like if you find this setup useful! Watch the blue lines to go short or long. The current support line is too strong and the RSI is low which is a bullish sign.
Different oscillators (RSI, MACD, A/D) are showing a bullish divergence. Also, a reverse head & shoulders pattern has formed which is a bullish sign too. Wait for the break out from the neckline to go long. The target is shown on the chart.
As shown in the chart, there are too many resistances above us. Considering the low volume and the Wyckoff theory presented by monetae_anon, I believe BTC won't be able to pass these resistances and will drop. monetae_anon idea:
RSI and MACD show a bearish divergence on the 1hr chart. the price can drop to at least 6500$.
the A/D indicator shows that the volume has increased while the price has decreased which is a bullish sign. the price is getting to the end of the triangle and has to decide soon.
XRP Broke out of the descending channel. if it passes the resistance above, it could move up to 0.195$.
wait until it passes the current resistance and then buy. targets are shown on the chart.
BTC is stuck on a strong resistance. A/C indicator shows a bearish divergence. RSI is high which is a bearish sign. I believe there is a high probability of decreasing price. please hit LIKE if you agree with this idea:)
ETH has formed a reverse cup & handle pattern. wait for a break out of the neckline to enter short ( you can also buy ETHBEAR on Binance).
an H&S pattern has formed. watch the neckline! if it moves higher than shoulders it goes up for sure. but if it moves lower than the neckline it goes down to 11.4$.
BTC is moving inside a descending channel. If it doesn't break the lower edge of the wedge tonight, the next move is going up to 7400$.
FUN has formed an Inverse H&S pattern. If it manages to close a 4hr candle above the neckline, it can move up and the target is shown on the chart. otherwise, it falls twice the shoulder height.
BEAR hits the lowest price of all time. RSI is in the oversold area which is a bullish sign. There is also a bullish divergence in 4hr timeframe. Should we expect BTC to move down?
3 signs showing BTC can drop and BEAR moving up: 1. Reverse H&S on 1hr chart of BEAR . 2. Bullish divergence of RSI on 1hr chart of BEAR 3. Evening Star candle pattern on BTC daily chart BTC can drop down to around 5600 where it hits the uptrend line.