An idea suggesting a pullback and then prompt rise. The pullback completes inverse H&S pattern. The completion allows switch from bear to bull. Bull market ensues for FLOWUSD.
Using previous highs and lows to plot a channel up where price will likely return to as this bear move ends. The bars pattern in white is the parabolic run BTC from 2017, just showing how price could return to this upward area with a bullish move. This coin could get pretty bullish once it gets out of this slump.
Another bull scenario for SOL, this one however is a bit delayed. I am using BTC's price action as price patterns are often repetitive, hence it does not really matter where price action originates from. Even though it is delayed in this scenario I am very positive on Solana's outlook.
Looking at the Gaussian Channel indicator we can see on this Weekly timeframe that the bear red curve has shifted to green. This is interesting and very bullish for Solana on this timeframe
I'm using the bars pattern tool to plot an example inverted H&S pattern recovery. A double bottom is present also, reinforcing this bullish assumption. After a small pullback CVX should look for new ATH's.
The log chart for EGLD I expect an inverted H&S to form and then a strong reversal allowing the bulls to take control. This control is shown with the green bars pattern. The white dotted lines are just some areas of interest. The bars pattern tool is great.
An idea showing a down channel within the two green lines The bars pattern in green shows horizontal movement but when touching the upper green line a rejection ensues and price moves down to a more stable support (solid white line)
Currently price is trending downward within the lower to green lines. Plotting another inverted H&S along this channel allows promise for another test for the bulls. The higher green line is where I expect price to move to in the short term if this outcome originates.
An idea suggesting a bullish run for Waves, that we have hit a bottom and price is return upwards within this sloped channel plotted. The W pattern may be relevant. Bullish on this Weekly timeframe
The possibility of two shoulders forming on each side one larger should accompanied with a smaller one all joined together by a larger head structure Using this we can assume a movement down creating the next right shoulder. From there I would expect price to move up from the horizontal line in green. LS = Left Shoulder RS = Right Shoulder
A slightly slanted inverted H&S but still valid due to the head being low than both shoulders I expect a strong right shoulder move up to the solid green line, quite a big move. I have labelled the points of the head and shoulder structure. The whole market looks VERY bullish to me right now.
This idea involves a slanted W pattern which emerges within a rising channel. This can be assumed if we plot some heavy bullish action. Lets see how it turns out with a $1 price target.
UNI has broken out of a down move This is evident when plotting an upper trend line I have shown the two rejections with red thumbs and the breakout with the green one. The prior ATH is way above here, there may be some bumps along the way but im confident it will head back in that direction, as most bull charts do.
A test of an upper trendline due to the presence of an inverted H&S forming. This H&S will be short-lived however as these pairs tend to trend downward which is what I am applying to this chart.
A double bottom is forming on this daily chart for LTCUSD This I expect to break out bullishly within this channel. I do expect it to move way out of the channel it just was difficult to plot. Bullish eventually.
A large bowl structure or rounded top forming for ETHBTC Currently still experiencing a bearish phase but when completed a bullish move can ensue. I expect this move to be along the green dotted line as it is a major trend line for ETHBTC. Lets see what happens.
Using the chart pattern of an inverted head and shoulders to suggest a recovery for AXS Plotted some resistance lines along the horizontals. Very cheap right now.
Important resistance zones are along the green lines I have plotted a nice bowl structure that encompasses the bear move and the following bull move that is to come. A clear double bottom along the bottom green line.