TAO/USD SHORT. WAITING FOR BUY OPPORTUNITY AT 220 in FEB TAO: Waiting for the opportunity for the right shoulder to close. As of December 18, we are at a price of approximately 500 TAO/USD, and we are anticipating a buying price in the range of 215 TAO/USD. There is a clear and perfect head and shoulders pattern on the weekly chart that is expected by February 2025.
To track this correctly, we need to monitor the breakout of the following Fib resistance levels:
At the 0.5 Fib resistance line (466 TAO/USD)
At the 0.388 Fib resistance line (408.43 TAO/USD)
At the 0.236 Fib resistance line (366.45 TAO/USD)
And reaching the reset line at 0 (220 TAO/USD)
This is not investment advice; it is purely educational and for training purposes.
Shoulderheadshoulder
292.000€ Bullrun Bitcoin - Continuation Shoulder Head ShoulderAs can be seen from the private videos, the bottom in form of a SHS continuation has formed.
I wait for month to go public with this Chart but i expect a lower right shoulder with approx. 25k-33k so its more symetrical. A little bit sad that i must NOW after everybody talks about the bullrun, i go public with it.
1. Szenario: Retest of the yellow neckline and targeting 118.000€.
2. Szenario: Forming as usual a new pattern and over the next month a controlled level up game with target of 292.000€ its atm the same as approc. 343.000$.
GL & HF
NEIRO forming an head and shoulder patternWe need to watch closely for NEIRO what he is going to do. Looks like it is forming an shoulder head shoulder pattern so that might cause more dump.
Also if BTC can stay above the 48K we might see growth, but we need to watch out for the "Death Cross" on BTC, more dump is also something we need to think off.
Trade carefully. This is no financial advice, always do your own research
Turbo is trying to tell us somethingDear Reader,
Turbo seems like to forming a potentiol inversed shoulder head shoulder pattern. We need to wait for rejection on the neckline to make the right shoulder and then wait for breakout on the neckline.
BTC is unstable at the moment, it rejected from a little support zone around 62.3K but due to the war we can have more problems then we know of. Also BTC looks like it is making an Shoulder head Shoulder pattern in Bearish way, this might be a big problem but we need to watch for that. I will recommend the BTC chart in this one so u can look at it.
This is no financial advice, always DYOR.
What are your thoughts?
BTC potentional shoulder head shoulderWe need to watch BTC closely. Even tho it seems like BTC will close with a beautifull Bullish hammer we still need to be carefull. We can see growth for a shoulder head shoulder pattern for BTC. Due to war around the world it seems not dumb that we will get this.
Also The simpsons predicted a lot, even about BTC going to make new highs this year. So we have 2 situations, either way we getting a shoulder head shoulder, this will be a problem. Or the simpsons are rights and we will see new highs.
Yes I do live as an Aliën dont mind me.
This is no financial advice, always dyor.
What are your thoughts?
Inverse Shoulder Head Shoulder NOTNOT gives me a sign of a inversed Shoulder head Shoulder pattern, this will be big if this is going to end like it. NOT can have big upward movement if it can get over the neckline.
Make sure u have a seatbelt on, so u dont miss the flight.
This is no financial advice, Alwayd DYOR.
What are your thoughts on NOT?
Will NOT give us an inverted shoulder head shoulder?It seems like NOT might go back down a bit to give us a inverted shoulder head shoulder pattern, if it is then this can work really great for all of us.
Keep an eye on NOT, it can be to late without even knowing.
This is no financial advice, always DYOR.
What are your thoughts?
Litecoin LTC is not looking goodAlthough I’m bullish on most alts in medium term, Litecoin is looking pretty weak at this point. It seems a shoulder-head-shoulder pattern is forming on the weekly timeframe, indicating a move down back to approximately $25. Just putting this out here to see how it turns out.
BTCUSDT 1D is remarkable bull up for last chanceBased on observations using technical analysis such as the Ascending Broadening Wedge, the bitcoin market still has the potential to rise to quite an astonishing number of 36200-38800 by forming a parabolic super sonic. But normally Bitcoin target is 33800-34600.
Bitcoin will be officially bearish if it hits 27300 with a dump target of around 24K and 22K
USD/JPY: Shoulder Head ShoulderIn this update, I definitely closed up the short and keep away from this trade as we don't see any bearish signal, of course, we see a possible formation of Shoulder Head Shoulder and maybe, we would to hope that price action develop and make this break out to buy in the pull back following the blue arrow model. By the contrary, will be bearish following the red arrow model.
But, you will need to hope the next formation up.
Good luck!!!