The BCH weekly chart is presenting a compelling bullish case with an inverted head and shoulders pattern. This symmetry between the shoulders suggests a balanced struggle between buyers and sellers before the potential upswing. Additionally, a golden cross has just formed within the right shoulder, highlighting a potential shift in momentum towards the bulls....
Litecoin weekly chart is flashing signs of a potential strong move higher. A massive inverse head and shoulders pattern (IH&S) , taking over 1000 days to complete, recently experienced a after breaking above the neckline. This long-term pattern suggests a significant trend reversal could be in play, with the price primed to move substantially above the neckline. ...
The DOGE/USD chart on Coinbase is hinting at a potential trend reversal. An inverse head and shoulders pattern seems to be forming, following a five-wave downtrend. The pattern's left shoulder aligns with the end of wave 3, while the head coincides with the end of wave 5. Interestingly, the price climbed above the peak of wave 4, creating an upward neckline that...
The BCHUSDT pair has recently formed a golden cross, which is a bullish technical pattern that occurs when the 50 EMA crosses above the 200 EMA. This pattern is often seen as a sign that the market is transitioning from a downtrend to an uptrend. The golden cross in BCHUSDT occurred at the end of an inverse head and shoulder pattern, which is another bullish...
The S&P 500 has been in a downtrend for the past few months. However, I believe that the market is about to reverse course and start moving higher. It has formed an inverse head and shoulders pattern. This is a bullish pattern that is often followed by a significant move higher. The 10-day moving average has crossed above the 20-day moving average. The 200-day...
S&P 500 short near this area is possible. Come on Jody!
I went back into the past and found descending triangles.