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Reverseheadandshoulders

BABA Found Bottom? Reversal Head and Shoulders Play to $210On the weekly chart, $BABA looks like it has found support at $155 and is forming a reverse head and shoulders pattern. I'm looking for one more touch of $155 or slightly lower, followed by a close above the $155 support to start adding a long position. A break above the downward resistance trendline would confirm a bullish break upward and $180 giving us our next big resistance. A close above $180 should send this back to $210.
NYSE:BABALong
by CharlestonTrader
ETH/USDT Next Move? Possible Reverse Head and Shoulder Pattern?What's gonna be Ethereum's next move? Scenario A - Currently ETH bouncing from 21MA support and trying to break the Resistance 1. If ETH breaks Resistance 1, Then we can see a pump towards Resistance 2 followed by a correction and then toward Major Resistance area. If the Major Resistance breaks then we will see a new ATH Scenario B - If ETH fails to break Resistance 1 then we will see a Reverse Head & Shoulder pattern. Same as Scenario A we might see a rally towards ATH from the neckline. This is not financial advice please DYOR. Also please be mindful the path lines were not predicted according to the timeline. So please don't take it literally and "expect" the price to move exactly on the lines. (Sorry can predict the pattern, not the timeline) Lastly, manage your risk accordingly and place stop loss below the next Support.
by CryptoCafeClub
1
Watching PLTR for reversal head and shoulders confirmation. PLTR has been forming a reversal head and shoulder pattern since February. I will be watching price action for confirmation of pattern and break in neckline at 27.40 level in the coming weeks. If a breakout occurs I anticipate some nice quick upside to $30+. If we do happen to see a pullback I am expecting price to bounce on the trendline that has been established since May. Regardless of short term price action I think this is a great company to buy and hold for the long term.
PLong
by dzmiller39
TVK: A Bullish Setup Ready for a BreakoutIn this post, I'll be taking a technical approach to Terra Virtua Kolect . Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Analysis - TVK is a solid project with huge backers like AU21, NGC Ventures, and Hashed - On the left hand side, we have the arithmetic chart for TVK. - We can see that a reverse Head and Shoulders pattern has formed within a bigger inverse HnS Pattern - The necklines and head/shoulders are each marked by the color blue and green - What's also important to note is that the price broke through the Exponential Moving Average (EMA) Ribbon, and managed to close above - On the right side, we have the logarithmic chart of TVK on the same time frame - We can see that the price has broken out of the descending trend line resistance, and is currently trading between two significant support and resistance zones. - We could anticipate a breakout from the region, creating higher lows and higher highs. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
TLong
by Michael_Wang_Official
1
Fisker-Reverse Head and Shoulder, bullish trend repeating againForming reverse head and shoulder followed by forming again reverse head and shoulder with bullish trend with consolidation. Anticipated news is helping to form this chart. remember the market factors is unpredictable so always keep money for dollar cost averaging. my price target is 32 dollars till 2021 December. this is not a financial advice. it is just the idea. I am using my 10 years of expertise of education and stock trading to form this chart. Good Luck. Please Like the idea if you agree...So others can also know about your thoughts...
FLong
by JD-EducatingTheInvesting