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Clear H & S - it's over for now.SOL has a clear head & shoulders. End of the of our glorious up, up, up. Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH. The down trend should provide some good scalping - provided the fall is not to rough and choppy. NOTE: ETH & BTC dictate for most coins how they will move - keeep and eye on these coins. If BTC does fall big style (Blood On The Streets) it is possible that SOL could go to $40 or even down to $24. SO, unless you wish to HODL and then buy more on DCA, you might want to consider TAKING PROFITS or selling out and buying back in at a better price (it's what I will do). Not Financial advice - DYOR. Happy Hunting.
by esorlegin
5
Natural Gas Big Inverse Head and Shoulders Pattern playing outI have spotted this pattern a bit too late, but now we are few weeks after its activation and target is only half way through. I am expecting this to hit the target before we start thinking about possible top. What do you think? It looks like a textbook execution, I would be surprised if we fail. Now we also have broken the trendline of the previous two highs and we have printed 2 very bullish looking candles on the weekly to support this going further up, maybe even without many corrections. On the shorter timeframe I see a cup and handle to support the move higher as well. I am very bullish on this based on these factors. Please share your view.
NLong
by TheChartWhisperer
6
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by melvindewit13
#BTCUPDATE - 15.7.21 ARE WE GOING TO BOUNCE? No update on the bullish path from yesterday a bounce here will look to confirm a bullish H/S pattern and see a strong challenge of breaking the key $33k resistance. Losing the $32.2k here though could be devastating though - and a quick fall to $31.5k and then just losing support after support to $30.1k There has been a pretty tight consolidation since the rejection from $33k which suggests a big move incoming. We need to get above $33k to have any kind of foothold so right now it is bearish short-term still. My play is to long to $33k and then use a tight stop-loss - if we break $33k then an ambitious target of $34k. Losing $32.2k then targets are $31.5k , $31.3k and then a stretch to $30.3k.
by Kryptochristian
2
WAVESUSDT is creating an inverse head and shoulders 🦐WAVESUSDT is creating an inverse head and shoulders on the daily resistance. IF the price will have a breakout and confirm the neckline as new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
WLong
by InkyGrip
36