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*
Head and Shoulders
Is LINKUSDT About to Trap Beginners Before a Big Move?Yello, Paradisers! Is LINKUSDT setting up a trap for beginner traders before making a strong reversal? Let's break down what we're seeing right now.
💎Currently, LINKUSDT is respecting the supportive trendline, but this setup might be a trap for those blindly buying in. There’s a high likelihood that the market will first liquidate traders placing orders along this trendline before making a more meaningful bounce from the actual support zone below.
💎For confirmation, we need to see a shift in market structure, specifically a bullish I-CHoCH (Internal Change of Character) from the support area. Other bullish reversal patterns, like a W pattern or an Inverse Head and Shoulders, would also validate a potential bounce from this zone.
💎If LINKUSDT falls further, we'll look to the strong demand zone below for a high-probability setup. This zone remains unmitigated, meaning it hasn’t been tested yet, increasing the chances of a bullish reaction. However, if the price breaks down and closes below this demand zone, our bullish idea will be invalidated.
💎But here's the twist: should LINKUSDT rise back above this zone after a breakdown and then show bullish signals, it would actually strengthen the bullish outlook even more.
Stay sharp, Paradisers, and remember—patience is key when waiting for the best setups. 🎖
MyCryptoParadise
iFeel the success🌴
LTCUSDT Breakout: Are You Ready for the Next Big Move?Yello, Paradisers! Have you been watching LTCUSDT lately? If not, it’s time to pay attention because things are heating up fast!
💎LTCUSDT has broken out of a descending channel and is now forming an inverse head and shoulders pattern, a classic bullish signal.
💎If LTC can break and close a candle above the resistance zone, this will confirm the pattern and significantly increase the likelihood of a bullish surge.
💎Now, if we see a pullback, watch closely! A potential double bottom could form at the support zone. For safety, though, waiting for an I-CHoCH (Internal Change of Character) to confirm a shift back to bullish market structure will increase the probability in our favor.
💎However, if the price breaks down and closes below the support zone, this invalidates the bullish setup completely. In this scenario, it’s smarter to wait for clearer price action before making any moves.
🎖Patience is key here, Paradisers. Don’t rush into trades—wait for clear confirmations to stay on the right side of the market! Stay sharp and trade smart.
MyCryptoParadise
iFeel the success🌴
EURAUD: Classic Bearish PatternThe EURAUD daily chart has formed a distinct head and shoulders pattern, indicating a potential reversal.
With the daily candle closing below the neckline, a key support level has been breached.
This breakdown suggests further downward momentum, targeting 1.6045 as the next significant level.
Arbitrum hits full inverse H&S breakout targetWouldn’t surprise me if it started forming a right shoulder for another inverse head and shoulders patter at this range. It s essentially dong the same thing Optimism is doing today, which makes sense they’d have similar price action/patterns because both have been selected for Blackrock’s BUIDL. *not financial advice*
Optimism attempting an invh&s breakoutOptimism leading the pack today, no guarantee it will maintain the neckline as support just yet though. I believe the fundamental news about it being one of the new 5 chains BUIDL will be on is contributing to the bullish momentum. This would make since because arbitrum is doing equally well right now also. *not financial advice*
SMA Solar Technology AG | 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
# SMA Solar Technology AG
- Hypothesis Entry Bias
- 12345 | Wave Set Up | Short
- Double Bottom | Target Invalid
- Double Top | Awaiting Target
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Keysight Technologies Inc. | 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
# Keysight Technologies Inc.
- Wedge Structure | Supply Based Area
- WXY | Wave Y
- Head & Shoulders | Wedge Implemented
- Double Top | Awaiting Target
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
GOLD | Head & Shoulder jaisa Lag rha hai...GOLD keya pta yeh H&S bna rha ho...
Ho skta hai ki iska Shoulder Pushpa jaisa ho😂 ...
Agar aisa h to GOLD yhan se aapko 12 se 14 % down milega...👍
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
DGB blasts above double bottom target; invh&s now in play.Digibyte reached the double bottom breakout target and then some with yesterday’s big green candle. Now that it has spent the current daily candle consolidating, it has already consolidated long enough to make it so there is currently a valid inverse head and shoulders pattern in play on the 4 hour chart. If it takes a few more daily candles of consolidation before the next leg up then that inverse head and shoulders pattern will probably also qualify as a daily chart pattern as well. Digibyte has room for lots of upside, and now that I’m realizing it is a US based cryptocurrency, if Trump truly were to exempt US cryptos from capital gains tax, then I think it is a high probability digibyte could see new all time highs this bull run, which would mean tremendous upside from here. Even if digiibyte were simply to just trigger the breakout of this currently developing inverse head and shoulders pattern though, the target for that would almost double digibyte’s current value. So yes tremendous upside potential here. *not financial advice*
2invh&s acting like Russian nesting dolls on XRPUSD chartNow that xrp has chosen to consolidate here for a few days it gives the chance for the potential blue inv h&s possiblity to form a right shoulder here, so I thought it was worth including, The smaller purple inner inverse head and shoulders patter is definitely legit and should have its breakout confirmed as soon as xrp has it’s next move to the upside. *not financial advice*
BTC Reverse Head & Shoulders patternBTC seems to continue its trend of dying off, frustrating investors and media, and then rapidly increasing to new highs. We see a chart almost like a cup and handle pattern above, called a 'reverse' head and shoulders pattern. Each shoulder is created by the dips from the trend line, making a large head (taller than both shoulders), coming back up to the trend line before dipping down again to form the last shoulder. My personal opinion is the projected price of around 125k. It is my belief, that this will more than likely will go higher given enough time.
GBPNZD | BUY & SELLGBPNZD on daily buy trend but also H & S PATTERN appears.
on h4 price making trend continuation pattern also making double bottom that confirm our buy entry and as we know in double bottom price go up and them again down also we have reversal pattern on daily also it confirm our sell entry after buy..
enjoyyy/....
NIO Has A Broken Neck! Can we take advantage?NIO is showing a textbook head and shoulders (Bearish) pattern. It is characterized by a change in market structure where the left shoulder forms the initial high and low, the head signifies the continuation and the right shoulder is the failure in the resumption of the trend. In this chart, we notice that the right shoulder fails to make a new high and proceeds to make a new low. By connecting the pivot lows, we can identify a H&S neckline near the $5 mark. We recently fell below this line which is our first signal to enter the short.
Looking for additional confluence, we note that there was significant support that was broken in the pink zone which stems from March 2024. That zone has been tested several times since March 2024. We have also broken below the 200ma which confirms the long-term downtrend. On the most recent candle, we broke below these key levels with above-average spread and above-average volume suggesting strength to the downside. Finally, since Trump has won the presidency, he vowed to increase tariffs, especially for China. This is terrible fundamental news for the Chinese stock.
Aggressive traders may take the short as is and may ride the short to the first target (~$4) which I have identified as a potential support area. There is a second target which is projected by the head and shoulders pattern (~$3.50)
For more conservative traders, we can wait for the retest of the neckline which happens to coincide with the 200 MA and sits just above the former support turned resistance. I like this level better because it provides a better risk-reward ratio.
Key notes: Earnings are coming up in a few days. This could be a volatile event that works in the trade's favor or works against it. Please be aware of that risk while trading.
GLTA
RIOT Bitcoin Miner Ready to Rock and RollRIOT Platforms has been crafting a remarkable inverse head and shoulders pattern that has taken several years to develop. With our linear projection, we’re eyeing a target of $92, and given the current momentum of the Bitcoin bull market, breaking through the $100 mark seems very achievable. I've also added a linear projection for your reference below!
GBPUSD Trade PlanChart shows a bullish divergence between price and RSI, alongside an inverse head and shoulders pattern, indicating a potential bullish reversal.
The trade setup suggests a buy stop above the neckline at 1.27268, with a stop loss at 1.25861 (below the lower low).
Profit targets are TP1 at 1.28680 (first resistance) and TP2 at 1.30080 (higher resistance).
Ensure confirmation with a strong breakout above the neckline.
Partial profits can be taken at TP1, moving the stop loss to breakeven for a risk-free trade.
If the price closes below 1.25861, the setup is invalidated, and no entry should be made.
Inverse head and shoulders and golden cross on algorandMuch like litecoin’s current setup, algorand is also in the midst of completing the right shoulder of its inverse head and shoulders pattern as a golden cross is set to occur in the next 2 -4 daily candles. Hopefully the golden cross on both algorand and litecoin provide the same bullish momentum we’ve seen it already provide xlm, solana, and the total chart, if so we should see the price action break above the enckline of this inverse head ad shoulders pattern not long after. I’ll link the litecoin chart down below for easy access to compare the similarities between these two charts. *not financial advice*