Get started

Hs

Box range: 2281.87-2706.15 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) Unlike BTC, it looks so weak. One of the reasons is that it has fallen below the long-term moving average, that is, the M-Signal indicator on the 1M chart. In other words, I think that the uptrend is likely to start only when the price is maintained above the M-Signal indicator on the 1M chart. To do that, the price needs to rise above 2629.79-2706.15 and maintain it. If not, 1st: 2281.87-2359.35 2nd: 2118.67 We need to check whether there is support near the 1st and 2nd above. It seems that it is forming a box section at first glance, so the point to watch is which direction it deviates from this box section. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Inverse Head and Shoulder BTCUSDBased on the current Bitcoin chart, we can see a potential inverse head and shoulders pattern forming. The neckline is around the $24,600 level, and if Bitcoin breaks above this level, it could confirm the pattern. If the inverse head and shoulders pattern is confirmed, the target price for Bitcoin would be the distance between the head and the neckline projected upwards from the neckline. In this case, that would give a target price of around $26,111. It is important to note that the inverse head and shoulders pattern is not a guarantee of a trend reversal. Traders should always use other indicators and analysis techniques to confirm their trading decisions. Additionally, the cryptocurrency market is highly volatile, and prices can move quickly and unpredictably. Therefore, traders should always use proper risk management techniques and be prepared for unexpected price movements.
Long
by Volatility90
1
wheat will have to enter it's cyclewheat has a 6month cycle, between northern and southern emisphere crop, looks like it will begin a supercycle, like all commodities. by a thecnical point of view, it's forming a H&S. wheat is a quite "dangerous" commodity to trade so i don't think it's a good idea entering before the pattern ends it's forming and starts going down from that neckline, multiple false breakouts are to expect once the price is bellow the neckline. i don't think it's a coincidence that the natural target of the pattern coincides with a round number (600), witch has been a strong resistance and support in the past.
CBOT:ZW1!Short
by warrenbuffettdemicasa
LYFT Downtrend Range 2HRLFTY has seen a downtrend range since March 21', and keeps making lower lower and lower highs. Chart may look a little messy with the VPA, but here are the notable things about this pattern: -Both support and resistance have had 2 high touches, with the 2nd touch nearing the resistance (support has had 3 touches) -The ellipse shows a Head/Shoulder formation, with the neckline confirming a sell on the break, further rolling LYFT down the hill -VPA suggests that the downtrends overall POC (shown in yellow) and the green POC show a average POC of $54.40-ish -Red VPA suggests there will be a battle of $50.50, however , most of this volume was realized this last earnings call - nearly 425k to be precise, so 'battle' might be closer to $48.48 (in between red and green POC's) -Nov. 5th gap. Historically, LYFT has had a decent rate of filling the divots, I expect this to not be different. -MACD in stagnant divergence over the past few days. Nevertheless, I believe LYFT will follow the trading bands for the moment, possibly making another touch on the support.
NASDAQ:LYFT
by Zeesna
LTC Inverse H&S LTC is presenting several short term bullish arguments. The 4 hr time frame allows us to see a very clear head and shoulders. We are basically about to break the next line and a decent opportunity for a scalp does seem to be on the horizon. Momentum is reasonable at the time of this posting but RSI is pretty high all things considered. We might see some sideways movement before a launch up. Risk to reward here favors a long to $54-60 with a tight stop loss around $50-51 depending on leverage. This is not trading advice.
BITSTAMP:LTCUSD
by ChartProphet