Aptos forms a new invh&s while reaching the target of its last 1Previous inverse head and shoulders target on APTUSD has just been hit. Upon reaching that breakout target, it formed another invh&s neckline and also broke generously above it as well in the journey. I will add a link to the previous invh&s chart below. *not financial advice*
Head and Shoulders
XLMUSD breaking up from double bottom/channel/invh&sThe target for the double bottom/channel is .1439 and the inv h&s target is slightly lower than that. I call this a Siamese inverse head and shoulders because it sort of has 2 heads in between the shoulders. Golden cross appears to be just.a few candles away . *not financial advice*
Oil is staring down the barrel of a bearish breakdownA stronger USD, prospects of a deregulated oil market alongside disappointment with China stimulus and weighed on crude prices on Monday. WTI is toying with a bearish breakout of a pattern which projects a downside target around the mid 50s. But how realistic is that? Let's take a look.
MS.
XAUUSD: Eyeing a Short Position Above 2650With market volatility now reduced after today’s decline, a short-term rebound is likely tomorrow. If gold prices reach above 2650, it could offer an optimal shorting opportunity with a target range between 2580 -2560. While it may take some time to hit this target, there’s also the possibility of a quick move down to these levels. I view this as a solid setup for a long-term trading plan, with opportunities to add smaller swing trades in between. For those interested in participating, feel free to contact me for detailed trading insights and information.
Tesla The Bigger Picture. Inverse Head and Shoulders Seen.Tesla has Printed an Inverse Head and Shoulders Pattern.
Is currently at the Neck Line.
This Ticker is Volatile and Recent Geopolitical Issues could Invalidate the Pattern.
Will require Conviction for new buyers without a reasonable Buffer.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
BIGG FALL OR BIG RALLY!!! SOMETHING BIG IS COMING???1st head and shoulder target 23250
2nd big head and shoulder target 21800
If market corrects from here then it reaches the first target of 23250 or if market pulled back it will come upto 25050 forming shoulder of big H&S Pattern then fall is gonna big!!!
Hopefully market reaches first target and bounce back so that we don't enter into bear market. Will get the clear update only between DEC-FEB.
$822-825 target for Tesla’s Inverse Head & Shoulders PatternCan’t recall whether or not I’ve ever posted a tesla chart on here. The inverse head and shoulders pattern is pretty textbook here, and with Elon’s involvement with the new administration I can only assume Tesla will only continue to experience success in reading the probability of this pattern reaching its full breakout target. *not financial advice*
Inverse H&SBroke the neckline on 20th of october on greater relative volume and has been retesting the neckline as support (or close to) on greater volume a few times since!
Looking back in history we are statistically entering the most bullish week of the year... how will the statistics look this time?
IMO this horse is now trotting... ready to hit the gallops! Im leaning bullish... looking at the chart pattern it is telling the tale of re-accumulation
Bullcase:
Inverse Head & Shoulder pattern formed with relatively decreasing volume on each low (shoulders & head)
Broke the neckline on relatively greater volume, confirming the pattern
Target: $210
Bearcase:
Pattern is invalidated if neckline is broken to the downside on relatively greater volume and retests the neckline as resistance getting ready to break down further.
Target: $125
Inverse H&SInverse Head & Shoulder printed on the daily chart.
Breakout of the neckline on increasing volume.
Trading halted on Nasdaq on friday 8th of november pending a T12 halt (Nasdaq requesting additional information from Cleanspark)
According to sources Cleanspark has on the 31st of october 2024 filed (and got approved) an application (8-A 12(b)) to register securities, namely warrants excercisable for shares of common stock at an price of $165.24 per share with expiration date in the year 2028. this implication happened due to the merger of Cleanspark and GRIID infrastructure.
1 warrant = 960,395 shares
165.24 x 0.069593885 = $11.50 (share value when deal was completed)
How this impacts the market I can only guess, but looking at the overall increasing volume and the inverse Head & Shoulders pattern I am drawing the conclusion that we are looking at accumulation and on the verge of breaking higher
Bullcase: Neckline acts as support as price makes higher highs
Next level of resistance at $16 (fibonacci 50% level)
Target: $20
Bearcase:
Neckline breaks to the downside and acts as resistance. Price breaks lower, this was a distribution area.
Asset can be consciderd as weak due to being in the area under the fibonacci 50% level and as price makes lower highs it could trigger a sell of
Target: $5
bearcase less likely due to the macro environment BTC making higher highs as global liquidity is on the rise
The CryptoSniper's Bitcoin prediction --- $140kIf we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
@TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
Extremely ugly invh&s currently in play on XRPUSDI have placed the measured move/breakout target line rather arbitrarily here. It wouldn’t surprise me if price action had a pullback or correction to reset some of the indicators before actually breaking above the neckline in which case the measured move breakout line(dotted line) would most likely need to be readjusted lower than where I’ve arbitrarily placed it here iin the process lowering the breakout target as well. Always a possibility that it doesn’t correct in between now and reaching the target though in which case we are looking at a target somewhere around 89-93 cents. I know many who only consider bukowski’s textbook version of an inverse head and shoulders to be one will have their skepticism about such an ugly looking example of an inverse head and shoulders, but n my experience it is the ugliest and most asymmetrical examples of inverse head and shoulders patterns that seem to have the highest percentage of being validated and reaching their full breakout targets. *not financial advce*
BITCOIN BULLISH H&S ON W1 to possible $89000BITCOIN Fails to break below a Demand Area, confirming a clear H&S as we close on the W1 Timeframe. Using Fibonacci, we are looking directly towards $89000 minimum. M1 also will create a very bullish Cup & Handle price action. Any trader/investor will not miss this rare opportunity.