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Inverse Head and Shoulders

Basic Attention BAT - Huge breakout soon! + Head and Shoulders BAT successfully completed an ABC correction from the last impulse wave and is potentially prepared for another massive impulse wave to the upside! The chart is printing a local inverse head and shoulders, bullish reversal pattern, and we are really close to a breakout. This can be a good breakout trade above the head and shoulders + trendline (channel). The first profit target is below the all-time high, because I think we will need more time for a possible consolidation here, and then we can go much higher. The price is still below the key level of 0.444 USDT, so we still need a confirmation from the bulls. I recommend buying a breakout at a new swing high (0.4595 USDT). I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
67
INSUR/USDTBy breaking the inverted head and shoulder pattern and breakout this wedge, we can have great possibilities of gains, in the short, medium and long term, stay tuned After the incidents with TERRa, Hacks and exploits, the concern about capital has increased, but the demand for insurance will increase the demand for it. InsurAce ! Entry point at: 0.19 (for study with Inverted Head and Shoulder) Agressive entry point is 0.12-0.14 demand zone Stop loss at 0.0978 or 0.10 THIS IS NOT A FINANCIAL ADVICE ! THIS IS NOT A FINANCIAL ADVICE !
Long
by LucasP26
2
OG Fan Token! 2020 trendline is breaking out! Head and Shoulders OG looks very promising on the daily/weekly chart! As you can see, the main trendline (falling wedge) has been destroyed by the bulls, and currently the price is forming an inverse head and shoulders pattern. We can also spot a descending triangle from 2020–2022. The price went below the triangle, but immediately pumped back up, which is a pretty solid sign of strength. The ABC correction has been completed and I think we can retest the previous all-time high or at least a previous swing high. If we take a look at the volume indicator, we can see a massive bullish spike, which is another great sign of strength. Look at my ideas about interesting altcoins in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
42
BBGI | Wave Projection | Upcoming Inverse Head & ShouldersPrice action and chart pattern trading setup: > Possible upcoming ending diagonal of intermediate 5-wave downtrend with inverse head & shoulders > Entry @ breakout neckline > Target @ approximately the height of the head 9 baht > Stoploss @ upcoming right shoulder minor 5-wave > Risk reward ratio: 2:1 with downside -6% Indicator: > RSI +50 cross MA and MACD bullish divergence Always trade with affordable risk and respect your stoploss
SET:BBGILong
by dukeposh
Inv h&s on xrpeth pair on the weekly chart.We can see price action on the weekly xrpeth chart is peeking above the neckline of an inverse head and shoulder pattern here. If we can close this weekly candle above it and see a bullish volume impulse on next weeks candle we should be able to confirm this breakout which has a target that would lead to xrp gaining 59% in value against ethereum. For now this isn’t confirmed, however you may have noticed I posted a chart a few weeks ago that showed xrp should be making even bigger gains on ethereum than that based on the triangle pattern it had broken above. So with that in mind, it doesn’t surprise me that we’ve seen this many daily green candles on the xrpeth chart and increases the probability of this inverse head and shoulders pattern getting validated. For now we must await the pattern validation *not financial advice*
by DrDovetail
Request REQ - Massive wedge is breaking out! + New bull market We have a huge falling wedge on the daily chart, and the price is currently breaking out! As per my Elliott Wave analysis, an ABC correction (ZiagZag 5-3-5) has been completed on the macro scale. We had a massive uptrend in 2020–2021 and also made a double top (2018, 2021), so this coin is definitely stronger than others. The first profit target is at a strong resistance (Wave B) + 0.618 FIB, but I think we can reach a new all-time high, maybe next year. As you can see on the chart, the main trendline has been destroyed by the bulls and the price is printing an inverse head and shoulders pattern! I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
49
PLD - broke above inverted H&SMissed this boat as it broke out of an inverted Head & Shoulders neckline (@ 127) and at the moment it is near a possible resistence around 136. Will be interested to buy the next dip and will manage trade with trailing stops just below the 20 day moving average RSI is strong at moment so the dip may not happen so soon. Let's see. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:PLDLong
by Juliac
Keep3rV1 KP3R - Ready for a massive breakout! Head and Shoulders On the daily chart, we can spot an inverse head and shoulders, a bullish reversal pattern. The main trendline has been destroyed by the bulls! And now we are trying to break the main resistance. Also, we have a falling wedge on the LOG scale, which is a very bullish sign too. If we take a look at the volume indicator, we can see an elevated bullish volume - always good to see! As per my Elliott Wave analysis, an impulse Elliott Wave has been completed and that's why I expect a retracement. We have a great confluence here to enter a long position. The profit target is at 0.618 FIB + Wave (1),(4) ~ 609 USDT. I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
KLong
by UnknownUnicorn2537518
49
F - Breakaway Gap (Time to hop on?)F's downtrend started to flatten out from mid June (trading between 10:65 - 12.45), eventually breaking above the "neckline" @ 12.45 on 19 July. It retested this neckline a week later and held, giving conviction that this previous "resistence" is now a new "support". Today it gapped up on strong volume as earnings had surprised to the upside. It is likely that some people had been betting on a good set of results since recently. The uptrend is likely firmer now. Nibbling @ current price and looking to add if there is any dip over the next few days. However, the gap @ 13.20 might not fill anytime soon (breakaway gaps usually signify the start of a new trend and do not get filled in the near term). Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:FLong
by Juliac
4
Litecoin LTC - New bull market! The downtrend from 2018 is over. In my opinion, Litecoin will never die because it was the first altcoin, forked from the Bitcoin blockchain in 2011. On the weekly timeframe, we have a falling wedge and the price is currently breaking out! As per my Elliott Wave analysis, a massive impulse wave has been finished and that's why I expect at least a retracement. The profit target is at the strong horizontal resistance + wave (4). I think we should really go here and then maybe we can go even higher. This is the LTCBTC chart and my profit target is +176% vs BTC. Of course, in terms of USD, it will be much higher! I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
33