HEAD
Nifty going for a head and shoulders formation Nifty is forming a descent Head and Shoulders pattern and on a verge of breakdown.
From the current levels, if it breaks down, 17300-17350 is quite achievable.
Kindly note that this is not a trade idea and only an observation for study purposes only. Do you own diligence before investing.
ROSEUSDT is testing the weekly resistance!the price is testing the weekly resistance on 0.316$, where the price created the neckline of the head and shoulders, and where the market has a supply zone.
Nice volume is incoming right now.
on the 4h timeframe the price had a breakout from the 4h resistance on 0.24$ and a great breakout from the daily dynamic resistance.
How to approach?
The price needs to have a new breakout from the confluence area and retest it as new support. a Breakout is not enough, the price needs to satisfy our rules for a new long position. The next valid resistance is 0.35.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
H1 Time Frame Xau/usd Trade Setup H1 Time Frame Xau/usd Trade Setup
As we seen in a Graph Left side a proper shoulder at peak point 1970.00
And we Basically Expected Bull Target Zone 1926 - 1937 - 1950 - 1970
Stop Loss Zone at 1897 - 1877
Follow Proper Lot Size And Risk Management if you guys need any help let us know
2 year prediction of total2, by Dia. big dump incoming.Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance
Pattern looks incredibly bearish.
We always dump before halving
the cup is drawn too big, it should not break the previous support of 462b
btc 19k bottom, maybe scam wick to 13k
expect 2020 highs of every altcoins, and some altcoins to completely be destroyed
NEARUSDT is creating an inverse head and shouldersThe price bounced on the monthly support on 8$ after a false breakout from the weekly dynamic support.
On the daily timeframe, the price had a breakout from the dynamic resistance and from the weekly resistance, and now the price is testing the 0.618 Fibonacci level as resistance
On 5h timeframe, the price is creating an inverse head and shoulders above the weekly resistance
How to approach?
If the price is going to have a breakout from its neckline and retest as new support, we can apply our rules for a new long position.
Be aware of the weekly structure on 13$
According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTCUSDT is creating an inverse head and shouldersBTCUSDT: The price got a rejection from the weekly resistance on the 46k as I said on the previous analysis. On the daily timeframe (the upper one) the price is creating an inverse head and shoulders and its neckline is the 46k key level.
On the 4h timeframe (the lower one) we can see a Pennant pattern, and the price is testing the static support on 0.5 - 0.618 Fibonacci level.
Usually, when the price is in the accumulation phase below an important structure we will see a new breakout.
How to approach?
We are monitoring the market and will wait for a reaction on the 0.618 Fibonacci level (43k). we could see a deep retracement until the lower trendline. If the price is going to lose the dynamic support the next valid support is 40k.
IF the price is going to have a breakout from the pennant and a CLEAR breakout from 46k, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BITCOIN 4H Inverse Head and Shoulder Bullish PatternBitcoin is forming an H&S pattern which is a bullish pattern. Currently, the market is at a standstill and is waiting for US Markets to react to the Russia-Ukraine Situation. A fundamentally strong event is happening internationally which can shape the markets for months to come if a war happens, the best strategy for me right now will be to wait for the market reaction to the to-be or not-to-be war.
From a technical analysis point of view Bitcoin has taken a healthy correction and a point of $40,200 is still not a stretched out possibility as it will liquidate a lot of long positions and that is always a good signal for a good Pump, accumulate alts at sale and stay out of leverage
Head and ShouldersPerfect head and shoulder pattern ready to drop. Still in bearish market with sentiment only continuing. Going back to the monthly there is a double drop forming to its fullest. Is this the beginning of the end for bitcoin???