Head and Shoulders
If ADA flips the 200ma to solidified support next target = $1.13Subject says it all.. I kept some of the previous channels’ trendlines on the chart just n case we see any sort of correction as potential supports. WIll like previous Cardano chart with pattern whose target just got hit below.. *not financial advice*
Something very peculiar is occurring with XRP dominanceUsually when the candles go upward on the xrp dominance chart, the btc dominance chart is going downward and the liquidity along the xrp dominance chart go up is coming from bitcoin liquidity. This time however something has changed. XRP dominance is rising substantially all while bitcoin dominance is also still rising. This suggests that the liquidity is no longer coming from btcoin but instead from other sources likely institutional investors. We can see the candle on the monthly has broken above the neckline of a large inverse head and shoulders pattern on the logarithmic chart. Will be interesting to see how well this plays out. Chart patterns don’t behave as they usually do when working with these kind of charts so it’s no guarantee what looks like a bullish breakout currently will behave like one. I will definitely be keeping an eye on this as it develops though *not financial advice*
BioNtech SE (Extended Hours) | 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
# BioNtech SE (Extended Hours)
- Triple Formation
* Inverted Head & Shoulders | Subdivision 1
* 012345 | Failed Attempt | No Trade!
* Triangle Structure | Bearish Continuation | Subdivision 2
- Double Formation
* Retracement | 0.5 | Uptrend Bias
* Second Shoulder | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
FLUX is bullish (1D)It seems we have a large QM pattern on the chart where the left shoulder has been cleared, and liquidity pools at the top of the chart are attracting the price.
By maintaining the green zone, the asset can continue its upward trend.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Aegis Logistics looks good on chart now 907 Hello Investors,
Aegis Logistics 📊 looks very promising (not a promise) as two chart patterns coincide each other.
Now 907 go long for expected return as flag pole and head & shoulder both sink in together.
short term holding can give good return if market condition and sector performance support the chart pattern. Long term has bigger target's based on quarterly results.
Some news flow and global markets are unstable so keep in mind as sector may get impact due to business parameters.
Pangolin hits precise inverse head & shoulders breakout target Exact precision. You can see Pangolin pumped right up to the full target and then immediately had a significant correction on the very next candle. My guess i it will continue to correct /consolidate until its upcoming golden cross and then should see its next pump upward. Should present a good entry point when that happens *not financial advice*
The next potential invh&s pattern for XRPUSDDepending on which left shoulder is more legitimate we have a possible slightly descending neckline on this invh&s or a possible slightly ascending neckline on it. No idea when price will break above these necklines so obviously if it takes longer I will need to readjust the measured move lines for it. This is just an initial idea for now. *not financial advice*
Bearish Head and Shoulders Pattern on Bitcoin: Targeting $95,217On the 15-minute chart, Bitcoin has formed a bearish head and shoulders pattern and has broken through the neckline. It has already bounced off the 200 EMA, showing positive momentum, but the bearish setup could still play out. The target price is $95,217.76, but we’ll need to watch how this develops.
Goldencross Once Again Having Immediate Impact;On Algo This TimeSo far my hypothesis that the golden cross responds immediately in the parabolic phase of the bull run is continuing to be proven correct as we see it happening again here now with algorand. Sending price already skyrocketing almost to the full inverse head and shoulders breakout target at .5050 *not financial advice*
Inverse Head & Shoulders $104,000 Price TargetAnalysis Overview:
In this 4-hour chart of BTCUSDT using Heikin Ashi candles, we observe the formation of an inverse head and shoulders pattern, a classic bullish reversal indicator. This pattern suggests a potential upward breakout, targeting a price level of $104,000.
Pattern Details:
• Left Shoulder: The initial decline followed by a rise forms the first shoulder.
• Head: A deeper decline followed by a rise forms the head, indicating a potential bottom.
• Right Shoulder: A higher low compared to the head, forming the second shoulder, confirms the pattern.
Neckline: The white trendline acts as the neckline, currently being tested. A breakout above this line would confirm the pattern and indicate a potential bullish trend.
Price Target:
The projected target for this pattern is $104,000, calculated by measuring the distance from the head to the neckline and projecting it upwards from the breakout point.
Confirmation Needed:
It's crucial to wait for a confirming candle to close above the neckline to validate the breakout. This confirmation helps reduce the risk of a false breakout.
Risk Management:
• Stop Loss: Consider placing a stop loss below the right shoulder to manage potential downside risk.
• Entry Point: A confirmed breakout and close above the neckline with increased volume would be an ideal entry point.
Conclusion:
This analysis highlights a potential bullish opportunity in BTCUSDT with a clear inverse head and shoulders pattern. Traders should wait for a confirming candle above the neckline to capitalize on this setup. As always, employ proper risk management strategies to navigate market volatility.
TOTAL 3 is ready to BLOWUSDT, recognized as the first stablecoin, did not achieve widespread adoption even as late as 2017. Had it been more prevalent, I would have incorporated USDC and DAI into this analysis.
Nonetheless, I trust that you will find this chart beneficial for the upcoming #Altcoin season.
The total market capitalization of USDT relative to that of Bitcoin reveals a distinct correlation.
This relationship has historically indicated significant technical peaks characterized by bearish divergence, as well as bullish divergence at market bottoms, as observed in the RSI versus ratio score.
Additionally, we have established a clear target level to pursue.
ABT working on an inverse head and shoulders breakout Arcblock seems to have broken firmly above the inverse head and shoulder pattern on the daily chart. In order to keep heading to the target it will need to overcome the current resistance of the 200 MA (in blue). Once it is able to do that and flip that resistance into solid support, it should reach the full target of $2.57 with relative ease. *not financial advice*