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Head and Shoulders

Could PYTHUSDT Be Primed for a Bullish Breakout?PYTHUSDT has recently broken out of its resistance trendline and entered a consolidation phase, forming a potential inverse head and shoulders pattern. This setup could signal an upcoming bullish move—but key levels must be confirmed before a trade setup is validated. 💎If PYTHUSDT breaks out and closes a candle above the current resistance zone, it would validate the inverse head and shoulders pattern, significantly boosting the probability of an upward move. 💎If retracement occurs, we could expect a bounce from the support zone. For a higher probability of success, look for a bullish Internal Change of Character (I-CHoCH) as confirmation in lower timeframes. 💎Should the price break down and closes candle below the support zone, it would invalidate this bullish scenario. In that case, it’s wise to stay patient and wait for a clearer price action setup to develop. Remember, rushing in without confirmation often leads to costly mistakes. Play it safe, Paradisers, and always wait for the highest probability opportunities—this is how you secure consistent gains over time. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
12
Successful breakout of 5k CupHandle / INHS!We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well. These line up with 1.5 fib extensions seeing 7.4k roughly With an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450. Best of luck to all!
Long
by locharado105
Successful breakout of 5k CupHandle / INHS!We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well. These line up with 1.5 fib extensions seeing 7.4k roughly With an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450. Best of luck to all!
Long
by locharado105
Total3 chart breaking up from inverse head & shoulders patternThis is the chart that is every altcoin except for ethereum. Bitcoin is also not factored in. We can see it appears to have broken upward from the inverse head and shoulders pattern and the breakout target should be around 1.27 trillion. We also currently have the potential for a cup and handle to be formed with an even bigger breakout, but I want to see an actual handle forming first before I post a target for anything like that. *not financial advice*
CRYPTOCAP:TOTAL3
by DrDovetail
1
Vechain attempting to flip inverse h&s neckline to supportCan see here on the weekly timeframe chart how it’s already closed one weekly candl above the neckline.there have been many daily chart candles recently battling to main support on that neckline as well and also an impending golden cross on the daily chart time frame set to occur in tthe next 1-2 daily candles as seen here —-> blob:https://www.tradingview.com/e00ebf4c-9780-485c-a37a-9d603aec6fd4blob:https://www.tradingview.com/e00ebf4c-9780-485c-a37a-9d603aec6fd4 Since btcoin is still in the midst of it’s first correction since it has entered the parabolic phase of the bull run and we are so close to Black Friday which is often a time of year one can scoop up cryptos at a discount, this impending daily chart golden cross may be one of the few exceptions atelier where price action doesn’t immediately hav a big pump the same day as the cross. Vechain could always break apart from the pack though at that point as well and pump while most things are still correcting. Also a slight chance the market correction is over before Black Friday too. Whatever the situation may be, if we see Vechain correct here as well but also hold support on the daily timeframes 50ma,I will likely add a little bit to my Vechain stack *not financial advice*
BINANCE:VETUSD
by DrDovetail
2
Carbon Emissions - Dec 2024 | 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 # Carbon Emissions - Dec 2024 - Subdivision | Uptrend Bias | 012345 - Wave Structure | Set Up Alignment - Support=0 | 012345 - Wave 3 | Awaiting Target | Trend Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
ELong
by TradePolitics
Bulls & bears struggling to take controlAfter a wide bearish trend that toke control since Sep 25th to push down the euro prices to reach 1.03314 as the lowest price for 2024 so far, the bulls are trying to get back control to push the price up, as the chart shows during this struggling the formation of a reflecting pattern "Head & shoulders" for the bearish trend which will be confirmed by stabling above the patterns "Neckline". If the bulls succeeded to keep the price above the neckline then we may see an increase for the price that may target 1.07000 area. Otherwise if the bears still in control and the price broke the years low then its more likely to target lower supports that may hit 1.02325
by maadoo
Gold Next Move 2492! read caption OANDA:XAUUSD is trading in parallel channel from last 2 months in H4, as you can see in chart gold is fully bearish till 2565 , all chart patterns bearish, fundamentally also bearish, gold can give possible move of 2561 if gold break it down and continue its trend then we can also see 2492 in gold. we will look good buying opportunity in gold from 2492 for now gold is sell. always use proper stop loss with fund management. all the best traders follow me and share my idea to your friends and family
TVC:GOLDShort
by GoldMasterTrades
Alikze »»CAKE | Reverse head and shoulders pattern🔍 Technical analysis: Reverse head and shoulders pattern - In the previous analysis , it was mentioned that a head and shoulders pattern was formed, that the last correction log can extend to the range of 1.17. - As mentioned, it is moving in a descending channel. - Demand was met at the bottom of the descending channel and the range, which experienced a growth up to the top of the channel and the broken zone. - Currently, in weekly and daily time, in addition to the descending channel, it is in a concentration. - In addition, it is suspected that the head and shoulder pattern is the opposite. Therefore, I expect it to advance to the supply zone after the last bearish leg and the right shoulder are completed, out of congestion. 💎 Note: It is necessary to explain that the right shoulder should not be extended to the previous area, in which case the alternative scenario should be checked and the post updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:CAKEUSDT
Long
by alikze
1
For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
COINBASE:SOLUSD
by DrDovetail
3