Seeing this H&S forming on NVDA. Technicals showing a potential correction down to $110. This price prediction was made by measuring from the head down to the neckline. With recent FOMC reaction will this be possible? If anyone has fundamentals of the overall AI market for the short term id love to hear your input.
Need Confirmation above the neckline but the signs are there. Diminishing volume as pattern forms. looks like right shoulder is forming at the time of posting.
Apple is forming an inverse head and shoulders reversal on the 4hr chart. When confirmed with a break of the neckline we can see a potential upward move to a minimum of $138.
Bitcoin broke out of a bullish falling wedge, retested the breakout and is now continuing on further. Based on the pattern the target price would be around $45300.
Nvidia could make a swing high to $587 or even possibly breakout of this bullish ascending triangle in the coming weeks. Leave your thoughts on this in the comments.
XRP could be breaking out here soon with a potential upside bare minimum move to .88 cents. Stoch RSI is oversold and crossing over. Wait for breakout with strong volume for confirmation.
