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Head and Shoulders

#LINK Head and Shoulders Formation Points to Potential DownsideChainlink (LINK/USDT), Head and Shoulders Formation Points to Potential Downside On the 4-hour timeframe, a clear Head and Shoulders pattern has emerged, signaling a potential bearish reversal. Key support levels are identified at $19.89 - $21.86, and a decisive close below this critical zone could pave the way for a significant downside move, with the next target projected around $12. Traders should monitor the price action closely at the support zone, as a confirmed breakdown could provide an optimal short entry to capitalize on this pattern. Stay vigilant and ready to seize this opportunity. Not A Financial Advice, Trade at your Own Risk. We are not responsible for profit or losses
Short
by wolfchemist
Tide Turning For Bitcoin? Reserves And Netflows Show ReversalBitcoin, the world's first and most well-known cryptocurrency, has experienced a rollercoaster ride since its inception. From its meteoric rise to its dramatic crashes, Bitcoin has remained a topic of fascination and debate for investors and financial analysts alike. In recent times, several factors have contributed to a sense of uncertainty surrounding Bitcoin's future, including regulatory scrutiny, market volatility, and concerns about its environmental impact. However, recent developments, such as increasing institutional adoption and positive netflows, suggest that the tide may be turning for Bitcoin. Bitcoin Institutional Adoption Accelerates as ETFs Show Investor Appetite One of the most significant indicators of Bitcoin's growing acceptance is the increasing interest from institutional investors. Traditionally, institutional investors have been hesitant to invest in Bitcoin due to its volatile nature and lack of regulatory clarity. However, as the cryptocurrency market matures and regulatory frameworks become clearer, more and more institutions are beginning to see the potential of Bitcoin as an investment asset. This growing institutional interest is reflected in the recent surge in for Bitcoin exchange-traded funds (ETFs). ETFs are investment funds that track an underlying asset, such as a stock index or a commodity. They offer investors a convenient way to gain exposure to an asset without having to directly own it. Recent Reserves and Netflows Indicate Market Reversal In addition to increasing institutional adoption, recent data on Bitcoin reserves and netflows also suggest that the market may be reversing. Bitcoin reserves refer to the amount of Bitcoin held on cryptocurrency exchanges. A decrease in Bitcoin reserves indicates that investors are withdrawing their Bitcoin from exchanges, which is often a sign of accumulation and a bullish signal. Netflows, on the other hand, refer to the difference between the amount of Bitcoin entering and leaving exchanges. Positive netflows indicate that more Bitcoin is entering exchanges than leaving, which can be a sign of selling pressure and a bearish signal. Recent data shows that Bitcoin reserves have been declining, while netflows have turned positive. This combination of factors suggests that investors are accumulating Bitcoin and that selling pressure is decreasing. These are both positive signs for the Bitcoin market and could indicate that a reversal is underway. Bitcoin Price Analysis: Navigating Volatility and Key Levels Despite these positive developments, Bitcoin's price remains volatile and subject to market fluctuations It has been noted a potential 'head and shoulders' pattern, a bearish technical indicator, which could lead to a significant price drop. This pattern suggests that Bitcoin's price could fall to as low as $80,000. However, there maintain a more bullish outlook, emphasizing the importance of the $90,000 level. It is argued that if Bitcoin can maintain this level, it could pave the way for further price appreciation. Conversely, if Bitcoin fails to hold this level, it could trigger a sell-off and push the price down to $80,000. Conclusion: A Cautious but Optimistic Outlook for Bitcoin In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing. However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment. Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance. Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
BITSTAMP:BTCUSD
by bryandowningqln
LUNA is the first AI Agent to be launched on VirtualsAI Agents are emerging as a colossal trend in the crypto world, poised for a significant surge in 2025. These innovative crypto entities have the ability to analyse historical trends, enabling them to make savvy choices in trading, gaming, and various other sectors. The convergence of Artificial Intelligence (AI) and the cryptocurrency landscape emerged as a defining trend in 2024. Initially centered on infrastructure, this trend has now evolved, witnessing a remarkable surge in the emergence and proliferation of AI agents. The drive for AI agents is expected to catalyse billion-dollar growth within the crypto industry. These agents are essentially autonomous programs crafted to execute specific tasks, ranging from sharing memes on social media to executing complex on-chain transactions that enhance trade execution or optimize yield farming strategies. What sets AI agents apart from traditional bots is their ability to learn and adapt over time, making nuanced decisions to achieve their goals. Think of them as highly skilled, evolving participants in the crypto arena, capable of independently manoeuvring through the digital economy. Beyond their practical applications, the true value of AI agents lies in their capacity to amplify human potential, fostering innovation across finance, gaming, and decentralised social networks. Platforms like #Virtuals have simplified the process for developers to create, deploy, and refine these agents for a variety of applications. Importantly, blockchain technology offers an ideal foundation for the creation of AI agents. It provides permissionless and seamless financial pathways, enabling agents to manage wallets, conduct transactions, and transfer funds autonomously.
UNISWAP3BASE:LUNAVIRTUAL_0F741E.USDLong
by BallaJi
#LINK Head and Shoulders Formation Points to Potential DownsideChainlink (LINK/USDT), Head and Shoulders Formation Points to Potential Downside On the 4-hour timeframe, a clear Head and Shoulders pattern has emerged, signaling a potential bearish reversal. Key support levels are identified at $19.89 - $21.86, and a decisive close below this critical zone could pave the way for a significant downside move, with the next target projected around $12. Traders should monitor the price action closely at the support zone, as a confirmed breakdown could provide an optimal short entry to capitalize on this pattern. Stay vigilant and ready to seize this opportunity. Not A Financial Advice, Trade at your Own Risk. We are not responsible for profit or losses
Short
by wolfchemist
TUI - EUR Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # TUI - EUR Stock Quote - Double Formation * 7.600 EUR | Completed Survey | Subdivision 1 * Head & Shoulders Pattern | Configuration Entry - Triple Formation * Retracement Not Numbered | Subdivision 2 * (Flag Structure)) | Uptrend Bias | Subdivision 3 * Daily Time Frame | Entry Settings Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:TUI1Long
by TradePolitics
Novo Nordisk hit my target this week and I have started to buy The head and shoulders pattern successfully played out, with OMXCOP:NOVO_B reaching my full target at 670. Check out my original post: The stock experienced a significant drop, falling as much as 27% on the Friday before Christmas. This was triggered by test results for their obesity drug, CagriSema, which showed patient weight loss of 22.7% - below the anticipated 25%. I believe this reaction is an overcorrection and have taken advantage of this rare opportunity to purchase OMXCOP:NOVO_B , first at 680 and again at 600. I now plan to hold patiently, expecting Novo Nordisk to reach new all-time highs in the coming years.
OMXCOP:NOVO_BLong
by madsroland
End of the Bitcoin JourneyAfter not posting for a long time, I finally returned to analyzing the market, namely the Bitcoin market. From the chart here we can see the end of Eliotte, namely stage 5 in the 1 week time frame, which means what? That's right, we are at the end of the Bitcoin bullrun. OK, I will explain a little about the chart that I made; First, Bitcoin at the end of this year will reach its highest point at $109k-$119k then will fall slowly but still in the $100k area. Second, Bitcoin will experience a fairly large decline to $60k- FWB:65K , why is that happening? as Bitcoin has a CME Bitcoin GAP in the $80k-$78k area. Third, Bitcoin will experience a very large decline in March-April 2025, namely it will touch a price of $43k-$45k, why is that happening? because Bitcoin is currently forming a pattern, namely Head and Shoulders, with a low position between $43k-$48k. What is next? OK, in my opinion, Bitcoin will hit $100k again in 2027, If; 1. Bitcoin support is strong in the $43k area 2. There is no Global Crisis. If either happens then Bitcoin will hit $10k again. How is that possible? Yep, we forgot something, namely the CME Bitcoin GAP which is in the $9.8k area. Maybe this is all I can say, and maybe I'll come back a few months from now. If you find my explanation useful, don't forget to leave a donation in my Binance account with ID: 36103837 to support my idea. I'll just end it here and say thank you.
BITSTAMP:BTCUSDShort
by Afief_RQ
XAGUSD Silver BEARISH - Head & Shoulders and Wedge BreakSilver has two patterns on the Daily TF that indicate a bearish direction ahead. There is a complete Head & Shoulders pattern and also a Rising Wedge pattern that has been broke. Silver (XAGUSD) has recently had a bullish retracement to re-test both patterns and should start falling soon. Short-Term TP = $28 Long-Term TP (from Head & Shoulders) = $24.60 Long-Term TP (from Wedge) = $20.70 I expect the short-term TP to be hit at least. The longer-term TP's may or may not be reached. What will probably happen is that the Head & Shoulders target will be reached and Silver will hold up around the $25 level. NOTE : I personally love Silver and think it's a great long-term investment. I also consider it a highly manipulated market. I am bearish now based solely on the chart, but keep in mind that anything can happen with Silver!
OANDA:XAGUSDShort
by EACoders
Alt Bull market cap targets broken out in JPY (leading) 2-->5X?Bullish signal for Alts Others market cap shows breakout in JPY Others shows the total crypto market cap minus top 10 (Also you could pullout timing view more and consider the macro chart which shows price is supported or risked by long term trendline support not shown here.) You have to love that the Others price was supported by the 200 EMA so the banks got busy buying at that point pretty much nearly all alts took off as their index said buy a coffee and cake sit down and press that buy button all morning some serious buying to increase your year end bonuses. House, car, boat, plane? JPY crypto prices signals are clearer at the moment in crypto land we got our retest of the break of the neckline so hopefully off to the races we go for first part of 2025 or does the big bad bear just knock us over. If prices fail then you know crypto is no longer the place to be and alts will be hit hardest first. The canary in the coalmine for sure. Signal will be break of the lows or the now trendline under the price action on Others market cap. Maybe the big boys borrowed their funds in JPY carry trade and put it into crypto ? The Head and Shoulders chart shows breakout and retest neckline The cup and handle chart shows breakout The targets shown depending on where you set them from ... All show upwards just a case of is it 2x or 5 x - any of these numbers will do Cycle timing suggests the Crypto alt market will finish in Oct 2025 if it follows prior cycle timings, these chart signals tell us to be careful from end of April 25 as we are in pattern over performance and maybe price runs between the green lines longer. This are guides and no certainty - based off old charting rules and rules of thumb! If any doubt say on the safe side and book profits. There will alway be more opportunities I am turning Japanese ! those guys have got it going on! early signals when viewing charts in JPY and potentially targets better defined. However volume is still in USD but did they borrow the money from the JPYUSD carry trade? Hence the JPY signals being reliable? Happy days ! to all Alt crypto traders out there! stay with the trend until it breaks under the 200 EMA or breaks that trendline first of course. Stay sharp and in contact people as the big bad Bear will follow this. Then all bets are off or survive on short trades as monolithic biblical bears emerging for our first real super bear cycle in 2025 - which no one seems to be aware or talking about! but USA equites seem to be rolling over - so careful out there this year coming.
CRYPTOCAP:OTHERS
by William_Playfair