GOLD is at its all-time high levels and will continue in the price discovery action. Why? On the chart, you can see a cap and handle formation that is currently breaking out on the monthly chart. This is a huge event for gold, and therefore the price can double in a few years from now. Does it mean that we will see a multi-year bull market? Definitely yes. This...
That we can expect new High's on this ratio But not to expect the kind of run that ETH experienced last cycle obviously . Going from $88 to near 5K was a barn stormer of a Bull run a 50X !!! If this continuation head and shoulder plays out The linear projection would give us a 7.5X Whilst the log target suggests 18x A match for what #BTC did last cycle ......
PepeCoin (PEPECOIN) is showing strong bullish signals with the formation of an inverse head and shoulders pattern on the daily chart, suggesting that PepeCoin might be gearing up for a significant move upwards. Current Price and Market Context: As of the latest data, PepeCoin is trading at approximately $5.75 USD. This marks a substantial recovery from its...
I saw some other stocks of the same segment doing bullish patterns. We have a potential double bottom fighting with downtrend line resistance. I think is going to bounce back and forward between the 13.5 support level and the downtrend line until something breaks. The double bottom (inverted HS in the daily timeframe) tells me that the price wants to break up the...
EURUSD will going bullish, have inverse SHS pattern too...againts USD
It's not quite there, but it's certainly on track... don't take this as a prediction of the future because well that's impossible. Lot's will need to line up for this to occur but so far so good. Retailers selling off, institutions are buying, and the company is growing 20% YoY. If growth improves near the 14-15 dollar levels, we could see a very bullish...
After a monster post IPO rally EMIL has been cooling off for 6 months, forming a nice base to potentially launch another rally Showing v strong Relative Strength on hourly TF hovering on the top of a 27%/ 25wks base forming an inverse head & shoulders type pattern Volatility falling and volume drying up Entry 225 SL 211 Target 3RR
Hi Guys! As always i try to bring ideas that catch my attention on the macro timeframes. The one that got my attention is Coinbase (COIN). Ive been tracking coinbase for some time now, ever since i discovered the Inverse Head and Shoulders pattern. (Ill be putting the link to that idea and others related to COIN below. This current analysis will be assessing...
Observed massive rally after the effects of the CPI report that surge BTC price past 6% and followed by other major coins. Now, I will tackle the possible BINANCE:DOGEUSDT breakout after the rally on the almost 2-month diagonal resistance trendline along with an inverse head and shoulders, a bullish pattern since the coin is on the downtrend that can be a sign...
Hi Guys. This is a Technical Analysis Update on Oatly, (OTLY). On the 1 Week Timeframe. We are in a critical area for OTLY. We have continued our DECLINE from the REJECTION area With last weeks candle close, We have CLOSED BELOW the "MAJOR SUPPORT" Area. This candle close isn't enough information to assess what comes next. The next week or the next couple...
Weekly= Bullish Daily= Bullish 4H= Bullish 1H= Falling Flag Pattern = Continuation Pattern 30 min & 5 min inverse head & shoulders. Expecting price to respect both patterns and continue up. First TP level around 18664.
Hey everyone! If you find this analysis valuable, please consider giving it a thumbs up and following for more content. BONK is forming a potential inverse head and shoulders pattern. A confirmed breakout above the neckline could signal a significant price increase. Here's what to watch for: Breakout Confirmation: A candle close above the neckline strengthens...
Prop has technically already completed a right shoulder and currently has a decent sized green candle above the neckline. That shoulder is extremely small and disproportional to the rest of the inverse head and shoulder pattern, but I’ve seen even uglier looking versions of this pattern get validated so it is quite possible we could see it validate on the current...
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal. We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active. Our Entry was $0.89, but Updating this now on the way to...
WallStSilver Silver Bugs have had to bear many decades of no euphoric price action Like the saying goes every dog has it's day And in speculation a Bull market in one sector often means another sector get's neglected Things don't move in lock step It's just the nature of speculating/investing which we can't control but also offers us opportunity I believe...
In this idea, I'll tackle the bullish pattern, inverse head and shoulders forming for $BINANCE:NEARUSDT. Currently, it is sitting on the neckline, and I've been monitoring this coin two days ago. I'm now lending this idea as it could have a potential for a breakout anytime soon. More details for the technical analysis for NEAR in my idea threads below. Stay tuned :)