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Inverse Head and Shoulders

Bitcoin - Cheat sheet (road to 3k, levels) Everyone will call you a cheater for these levels because you can very well predict massive short-term bounces! I will never give you a zone. I will give you levels that are exact to the dollar!  You can use these levels if you are a swing or intra-day trader, but also if you are an investor and you want to buy Bitcoin cheap. These levels are for everyone! I expect a massive bounce from 10254 USD. You can use this level for a 30% - 50% profit with a stop loss of 8700 USD. You can be sure that I will be a buyer at this level. I don't want to miss this opportunity. The question is, how long do we have to wait for prices to reach these levels? It doesn't matter; it can be this year, next year, or even in a few years. The sooner the better because you probably do not want Bitcoin to be stuck in some range between 14k and 20k for another year, but it's possible. I believe 6435 is very likely if bitcoin fails to hold the 0.618 FIB. A simple pattern for Bitcoin is: if BTC fails to hold the 10254 area, then 6435 is the next support. If BTC fails to hold the 6435 area, then 3516 is the next support. If Bitcoin fails to hold 3516, then we can see a huge capitulation wick below 3000 with strong buying activity from whales. If BTC fails to hold 3000, then sorry, you have been scammed, and maybe BSV is the real Bitcoin. But I don't want to speculate on this topic of BTC vs. BSV at this moment. The previous all-time high, set in 2017, is now extremely powerful: 19798. We can go here in the short term before continuing in the dump. So do not fall for any fake pumps. The DXY index will go much higher after a correction. Many stop-loss orders have been placed below the previous swing low: 9825. I believe the market is going to wipe out all orders below this level. I wish you massive profits at these levels! I don't want to wish you good luck because trading is not about luck. 19798: 2017 ATH resistance (major) 12468: Start of the volume area high (VAH) + swing high (minor) 10254: 0.618 LOG Fibonacci retracement (major) 9343: Point of Control (POC) + GAP (major) 7293: GAP (minor) 6435: POC of the previous triangle + swing low (major) 5303: Volume profile node + triangle 4h POC (minor) 3782: POC of the previous triangle + swing low: (minor) 3156: Ultimate bottom of the impulse wave: (major)
Short
by UnknownUnicorn2537518
97
Ltc closes a daily candle above the inv h&s necklineFinally a daily candle close above the inverse head and shoulder neckline for litecoin. Many alts have had an initial neckline penetration that then went back below the neckline for awhile before finally triggering the second time it went back above the neckline so it’s possible litecoin could also follow this same behavior. However we can see the 1day 50ma already starting to curl up here and considering there appears to be quite a lot of momentum occurring across the cryptosphere, its entirely possible litecoin could trigger the invh&s breakout on the first time above the neckline. Worth keeping an eye on. Should know within 3 daily candle closes if it is going to validate the breakout now or later. *not financial advice*
COINBASE:LTCUSD
by DrDovetail
An even bigger inverse h&s pattern appears on ALGOOn our way to hit the 2 targets I posted about previously from former inv h&s neckline breakouts, algo has now brought price action above an even higher inverse head and shoulder neckline. Stoch RSI is pretty over extended at this point so it would not surprise me at all if we see a dip back down to retest the neckline or even a few wicks or a candle close below the neckline before we are ready to validate the breakout above this new neckline. Of course, it could also just decide it wants to pump all the way to our next measured move target with no correction at all. I will keep hodling, but if I was leveraged i would dial down a good portion of my leverage after hitting the previous targets and try to add it back in upon a successful retest of the new neckline as support…if we do dip below the neckline as long as it holds the 50ma as support any dip below should be temporary. We maintain overall support on the 50 and then solidify support on the white neckline here we will likely validate another inv h&s breakout by the time algo’s golden cross occurs. *not financial advice*
COINBASE:ALGOUSD
by DrDovetail
1
TU | Wave Projection | Bullish Dragon Pattern +25%Price action and chart pattern trading setup: > A bullish dragon pattern with an uptrend ABC wave currently making a pullback to the rising channel support at the volume profile point of control > The price is below key dynamic support SMA200 and SMA50 which is considered a downtrend movement or could just be a false break dump and pump > Entry @ SMA50 and SMA200 breakout zone once the price recovered > Stoploss @ B wave position -7% downside > Target @ 1- 1.618 extension dragon head & shoulder zone Always trade with affordable risk and respect your stoploss
SET:TULong
by dukeposh
$CHZ - Ready for the Kick SHOTHello my Fellow TraderZ, As FIFA World Cup is approaching closer, keep all the Football or the Fan Tokens in your radar. They will go insaneously popping up out of nowhere. $CHZ #CHILIZ is one of them. Look, $CHZ is forming class Inverse H&S on DTF. Though it is currently at the confluence of Resistance Zone of Horizontal R + Neckline of Inv. H&S, I'm bidding this one to break and go high after a slight pullback. Either wait for the Break and retest or coming to the Support. CHEERS!!!
Long
by TRADER-GOKU
5
UNIUSDT is creating an inverse head and shouldersThe price bounced on 5.14 Daily support after a double top at 9.5$ Now the price is creating an inverse head and shoulders on the daily timeframe and the price is testing the dynamic daily resistance. How to approach it? IF the price is going to have a breakout and retest the resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
22
Curve CRV - 2000% profit! (lifetime opportunity) This is a once-in-a-lifetime opportunity to buy CRV at this very low price because this coin can explode anytime soon! 2000% profit is real, no problem at all. You can buy this coin on the spot market or you can open a long position on the futures market. CRV is currently ranked #78 on coinmarketcap, so there is a lot of room to go up. The market cap is relatively low. Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. This setup is amazing from the Elliott Wave perspective because you can catch the third wave of the third wave, which is a dream setup! The main trendline is breaking out, and wave 2 has been completed. It looks very promising; do not miss this opportunity. I don't know what about you, but I am buying this coin! You can buy it with a small amount of your funds, if you want to allocate your capital somewhere else. All-time high resistance is of course a strong resistance, so I recommend taking profits below this major level to make sure you will get filled. Look at my ideas about crypto's total market cap, Bitcoin, and LDO in the related section down below. For more analysis, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
66
Matic nearing a potential golden cross. 2 current bull targetsIf the golden cross occurs and sustains itself, we should see both of these bullish targets hit in the near future. We are currently above the yellow neckline and would reach the yellow target first. On the way there it would take us above the white channel, and flipping that channel to solidified support would validate its breakout and take us to the white price target. Best to keep an eye on the top trendline of the white channel as it is imperative that we flip its current resistance to solidified support in order to reach either target. *not financial advice*
COINBASE:MATICUSD
by DrDovetail
2