Chart Timeframe: 1H | Exchange: MEXC
📅 March 23, 2025
This setup is looking textbook bullish! A clean Inverse Head and Shoulders has printed, backed by volume and momentum confluence.
📐 Pattern Anatomy:
Left Shoulder: ~$0.0503
Head (Major Low): ~$0.0415
Right Shoulder: ~$0.0471
Neckline Breakout Zone: ~$0.055
Measured Target: $0.098 USDT
✅ Pattern Confirmations:
Broke downtrend with bullish divergence
Volume spike on neckline test
Laguerre + Cipher confirming upward momentum
Bullish market structure shift post right shoulder
Falling wedge breakout led into head formation — added confluence 🔥
💥 Next Steps:
Watch for support confirmation at $0.055 — a retest with bounce would be ideal before targeting the full move to $0.098.
🎯 Potential Trade Setup (not financial advice):
Entry: Break & retest of neckline
TP: $0.098
SL: Below right shoulder ~$0.0465
This is a powerful reversal signal after a prolonged downtrend — eyes on volume and momentum follow-through.
What do you think? Is this the start of a major shift for $ARCSOL?
👇 Drop your analysis in the comments!
#ARCSOL #InverseHeadAndShoulders #CryptoBreakout #AltcoinSeason #TA #CryptoCharts #TradingView #ReversalSetup
📅 March 23, 2025
This setup is looking textbook bullish! A clean Inverse Head and Shoulders has printed, backed by volume and momentum confluence.
📐 Pattern Anatomy:
Left Shoulder: ~$0.0503
Head (Major Low): ~$0.0415
Right Shoulder: ~$0.0471
Neckline Breakout Zone: ~$0.055
Measured Target: $0.098 USDT
✅ Pattern Confirmations:
Broke downtrend with bullish divergence
Volume spike on neckline test
Laguerre + Cipher confirming upward momentum
Bullish market structure shift post right shoulder
Falling wedge breakout led into head formation — added confluence 🔥
💥 Next Steps:
Watch for support confirmation at $0.055 — a retest with bounce would be ideal before targeting the full move to $0.098.
🎯 Potential Trade Setup (not financial advice):
Entry: Break & retest of neckline
TP: $0.098
SL: Below right shoulder ~$0.0465
This is a powerful reversal signal after a prolonged downtrend — eyes on volume and momentum follow-through.
What do you think? Is this the start of a major shift for $ARCSOL?
👇 Drop your analysis in the comments!
#ARCSOL #InverseHeadAndShoulders #CryptoBreakout #AltcoinSeason #TA #CryptoCharts #TradingView #ReversalSetup
Trade active
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.