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Invertedheadandshoulders

Inverted H&S on BNBBTC = great mid-long entry!That massive spike in volume just confirms the indicator of the HNS pointed out in the charting published. We had to have expected some sort of consolidation in an expected (but not so quickly) surge of parabolic movement that may resemble what looks like a bullish pattern (and it very well could be—a consolidation that got derailed then ends up right back on track for continuity. This would be the best and (as far as now goes)feasible market price outlook/analysis for $BNB paired against $BTC as one winds down and the other continues to shatter expectations & break down barriers while shitting on skeptics. *cough* Chicocrypto *cough* I highly suggest you make your entry before FOMOing; hypothetically speaking of course, given that this isn’t financialnadvise in any way/shape/form. Hope you gals & guys are having a good time on this wonderful Friday evening. I’m sitting alone in a hotel room staring at charts smh
Long
by a1mtarabichi
AUDCHF catch a swing trade or intraday trade- Price has broken out the ascending channel and the 4hr hour trend line. - Market structure has also altered, as price has now created a higher high suggesting buyers have more power in the market than sellers. - The change in market structure has occurred at monthly support suggesting a move back to the upside. - Furthermore the change in market structure has also created a reversal pattern, creating an inverted head and shoulders ( which occurs at the end of a downtrend). This gives further confluence that price will move further to the upside and that the bulls are now in control. - I am waiting for a further pullback to the 0.6965 region marked by the red zone, and will be waiting for price action confirmation to confirm a buy. Fairly simple I believe Do let me know your thoughts and questions Thanks Nath
Long
by Nathanp7
4hr chart inv h&s breakout target right at horizontal resistancetoday we brokeout of the 4hr inverted head and shoulders pattern on bitcoin and the target takes us precisely to the big horizontal resistance area of 8504 that we have as of yet failed to overcome the previous two tests of it. My guess is we will reach it on this breakout which will get us above he bigger 1 day chars ascending triangle pattern we are currently in, it will then be rejected for a 3rd time stoking fears in people that it is a triple top but on the way back down the top trendline of the 1 day chart's ascending triangle will have become solidified support which will eventually trigger the ascending triangle breakout which should take us to the 9.7k range. We could also be rejected back inside the ascending triangle for a little bit to really build up short positions to use as bull fuel before the final breakout of he triangle it would make a more convincing bear trap that way. Of course there is also always the possibility hat he correction could happen after a 3rd rejection/triple top at the 8504 resistance....its is the least probable of the 3 outcomes but always wise o consider every potential outcome. As I stated in the previous idea, we also have a possibility for the ascending triangle to be validated as a bullish pennant in which case the breakout target for the pennant would be 10776 and with fomo added in we could even test 11k at that point before the firs significant correction. However my presumption is the 9.6-9.9k range is he most probable before the first significant correction. All just my personal thoughts of course and in no way financial advice. thanks for reading!
BITSTAMP:BTCUSDLong
by DrDovetail
ZRX - inverted head and shouldersZRX has been forming an inverted head and shoulder pattern for many months now. Currently the right shoulder is nearing completion with the neckline sitting at ~0.3876, a close above that should trigger a bullish move to 0.4499 as an initial target. ----------------------------------------------------------------------------------------------- The buy and sell pressure indicator is a private invite-only script available for purchase or monthly subscription from cryptoalphaindicators.com 5 day FREE evaluation trial cryptoalphaindicators.com
COINBASE:ZRXUSDLong
by CryptoAlpha0
potential inv head & shoulders could double ADA's current priceCardano has been taking a bullish upturn recently along with much of the alt market. . .but if it can trigger a breakout of the current inverted head and shoulders patern on it's 1 day chart, it still has the potential to double its current price. Current 1 day stochrsi is alreeady over extended so it may meet resistance for a few days or so at the neckline before finally breaking upward but considering its had its golden cross sustained probability is inf avor of a validated breakout before too long. target 17-18 cents.
BITTREX:ADAUSDLong
by DrDovetail
1
Possible Future Scenario for BitcoinWe’re approaching a weekly resistance (ichimoku red cloud) Bitcoin could drop significantly or move sideways for the next 6 month. I see us going back to around $5000 test it and make it an ultimate support and move up from there. I think we need a good drop for a good and solid bounce back. I have also notcied what it looked like an Inverted Head and Shoulders in the making on the monthly BTC chart If you agree with my analysis/prediction please like it. If you disagree please share your thoughts in the comment section. Thanks and good luck in your trading. My previous Scenarios: May 8th May 7th March 29th
BITFINEX:BTCUSDShort
by ByteBen
2