We could've expected the short term drop in prices according to where we are. Holding tight and waiting for December. Let's print the right shoulder to this massive inverse H&S. Quick breather - September is normally a down month, anyways...
We have a Bullish Cypher with Bullish Divergence at a level where we may form a potential right shoulder in an Inverted Head and Shoulders that is visible on the daily.
I think we will see a pump in the Yields, the DXY, and a decline in Commodities. I posted the wrong ticker before but this is the correct one so if you entered the trade on TYD get out of it and enter TYO instead.
- This is a truly secret grail for bitcoin!
- On the weekly chart we can spot an Impulse Elliott Wave , which is currently in progress!
- The trade provide us with a Risk to reward ratio of 15.
- Start of the bull market 13th March 2020 - 3 850 USD.
- End of the bull market December 2021 - ~300 000 USD (or top of the channel - can be much more).
- Be prepared...
Inverse H&S printing?
Needs support at 49200 for right shoulder to come into play. Could bounce nicely of 50 EMA around this level.
Let's break and support 50k!
BTTUSDT has formed inverse head and shoulder pattern and price action is breaking neckline. As we know Head and shoulder is trend reversal pattern and here inverse head and shoulder is formed indicating bullish reversal .As seen on the chart price action is facing rejection at point 0.004527 which is the resistance point as well the breaking point of...
Classic Inverse Head & Shoulders bullish idea.
Enter long at green(you can enter at first green line or second green line), exit for loss at red or exit for gain orange lines(you can exit at either orange line).
DISCLAIMER:
I'M NOT A PROFESSIONAL TRADER AND THIS IS NOT A TRADING ADVICE.
Classic Inverse Head & Shoulders bullish idea.
Enter long at green, exit for loss at red or exit for gain orange lines.
DISCLAIMER:
I'M NOT A PROFESSIONAL TRADER AND THIS IS NOT A TRADING ADVICE.
Classic Inverse Head & Shoulders bullish idea.
Enter long at green, exit for loss at red or exit for gain orange lines.
DISCLAIMER:
I'M NOT A PROFESSIONAL TRADER AND THIS IS NOT A TRADING ADVICE.
Matic has been trading in a triangle for quite some days and recently tried breaking out but failed. In this process, an inverse head and shoulders have been spotted in the making and if a break out occurs, the inv HNS should take Matic to the previous ATH.
BTC is caught in a rounded top formation. Look for it to retest the curved resistance and form an inverse cup and handle. If it does happen to play out, BTC will likely dip just below $40k. Might be a good place to take a long position.
