Downloading...
Download

Inverse

1INCH Inverse Head & Shoulders (1H)BINANCE:1INCHUSDT completed an Inverse Head & Shoulders pattern, clearly visible on the hourly timeframe. Key Levels • Left Shoulder: $0.223 • Head: $0.218 • Right Shoulder: $0.223 • Neckline: $0.232 • Measured Target: $0.245 (aligned with local high) Status Breakout has already occurred, activating the target. Next Steps It may be too late to chase, but a retest of the neckline as support (~$0.232) could offer a compelling long entry. Invalidation Levels • Early Invalidation: Break below $0.232 • Full Invalidation: Break below the right shoulder at $0.223
Long
by AliferCrypto
Potential NEO 1H ScalpBITGET:NEOUSDT is currently testing resistance around $6.66 with RSI in overbought territory, which could trigger a short-term pullback. A 0.5–0.618 retracement into the unmitigated hourly FVG ($6.39–$6.47) could provide a compelling long entry, while allowing an RSI reset and potentially forming an IH&S pattern. The measured target for a breakout above ~$6.66 would be ~7.00 (still valid in case of a direct breakout without a pullback). Setup 1 • Trigger: Pullback to $6.39–$6.47 and reversal • Invalidation: Sustained break below $6.39 Setup 2 • Trigger: Break above $6.66 with volume • Invalidation: Failure to hold $6.66 after breakout
Long
by AliferCrypto
2
Stellar (XLM) Falling Wedge + Inverse Head & ShouldersBINANCE:XLMUSDT has recently broken out of two major bullish patterns: • Falling Wedge: The breakout above the descending resistance (orange) confirms the wedge setup, with a measured target around $0.70. • Inverse Head & Shoulders: Breakout confirmed with a measured target around $0.40. Key Levels to Watch • $0.30 – 0.618 Fib level. IH&S neckline and current support. A break below it would invalidate the IH&S setup and potentially lead to a retest of the wedge's resistance as support. • $0.36 – 0.5 Fib level and previous S/R. • $0.40 – IH&S measured move target. • $0.50 – 0.236 Fib level and previous resistance / swing high. • $0.70 – Wedge measured move target. Volume Analysis Breakout volume is not as strong as expected, suggesting the need for further confirmation. A continuation with increasing volume would strengthen the bullish case.
by AliferCrypto
Gold missing inverse relationship with DXYIn the earlier analysis, the expectation is for DXY to trade slightly lower to the round number level of 100. With Gold's inverse relationship with the US Dollar, anticipating further downside for the DXY should mean that we expect to see some upside on XAUUSD. However, the current price action on Gold is still signalling further downside. The good thing is that the price is approaching the support area where the 3200 price level and the 61.8% Fibonacci retracement level align. Look for a reaction in this area, for a possible rebound to the 3320 price level. Alternatively, if the support area is broken, there could be further downside to the 3000 price level.
OANDA:XAUUSD
by JinDao_Tai
1
Return of Volatility IndexesIt's September 18 2024 10:51pm EST, just another Wednesday. Elections are creeping up and Chinese (HSI) markets are sparking uptrend. Somehow, American volatility indexes are evidently setting up for what appears to be a big return to the upside. Perhaps only a rare few have captured it? Who knows, but the cycles don't lie and neither do the high timeframe supercycles, which imply a reversal is overdue for the volatility indexes, including UVXY (ETF), VXX(ETN), and VIX and their corresponding denominations, just to name a few. In any event, it would be fair to say that after today's close and going forward, these volatility indexes are ready for takeoff. The catalysts are not exactly clear, though. Election alone can't spark them, and if Covid triggered the last significant run, what's next? This, only time will tell, but the 'vola' indexes are nonetheless ready for takeoff.
CBOE:UVXYLong
by JuanLagos94
1
AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :) For more info related on AGIX: www.ccn.com
AShort
by Habadoo
HIGHUSDT wants the breakout?HIGHUSDT recently bounced on the 0.786 Fibonacci level, indicating a potential reversal in the market. Additionally, on the 4-hour timeframe, an inverse head and shoulders pattern is being formed, which is a bullish signal. An inverse head and shoulders pattern is a technical analysis pattern that typically forms after a downtrend and signals a potential trend reversal to the upside. It consists of three troughs, with the middle trough being the lowest, and the two outer troughs being higher. The middle trough is called the "head," and the outer troughs are called the "shoulders." The pattern is considered complete when the price breaks above the neckline, which is a level of resistance connecting the two outer troughs. In this case, the market is creating an inverse head and shoulders pattern on the 4-hour timeframe, with the neckline at the 2.76$ area. If the price breaks above this level, it could signal a bullish trend continuation, and traders could look for new long positions. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
12
DOGEUSDT is testing the 4h resistanceDOGEUSDT is testing its historical 4-hour trendline, which suggests that the price may experience a significant price movement in the near future. Furthermore, the price action is creating an inverse head and shoulders pattern, a bullish reversal pattern that occurs after a downtrend. This pattern is forming below the supply zone, which is a resistance area that has previously prevented the price from moving higher. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
8
short vol coming off near outside upweve gained in the market, shed short volume on vix, shed weight on short vix, and lost slightly in svxy. if you study the long term picture svxy is near breakout. 69.69 and 79.79 roughly are levels to beat before were really in the green to clear $100 as the market rebounds. ive drawn a path that can hopefully outline what the topping out proccess could look like as uvxy heads for 1:10 reverse split. normally we revisit the fib bands when price comes off overbought, but im still bullish while were above mon-wed lows targeting 66.66
CBOE:SVXYLong
by cerealpatterns
uvxy short volume uptickweve slightly gained in vix, and the ftz from top of short leads out to where uvxy should make its low sub $4... if we examine the capitalcom vs finra we see that contango in vix is still coagulating around a major demand zone low into its decay. i still think split will be bullish for vix, but perhaps we clear the pop in fomc, and the loose steam is actually bullish in the long run i would still expect vix to lose weekly, as well as lose by the end of ftz.
UShort
by cerealpatterns
TLMUSDT inverse head and shouldersThe price is testing the neckline of the inverse head and shoulders. The price created the rounded bottom pattern as well. How to approach it? the price needs to create a breakout from the neckline with volume and retest it as new support, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
14
EURUSD & DXY: A BEAUTIFUL INVERSE RELATIONSHIP / FIAT / FIBDESCRIPTION: In the chart above I have included a MACRO analysis & side by side comparison of EURUSD & DXY. POINTS: 1. DEVIATION of 0.075, found with HIGHEST HIGH & LOWEST LOW & then dividing by 2 to find a MEDIAN & so on for remaining points in between. 2. EURUSD price action is in a current downtrend getting ready to test 1ST TARGET. 3. NOTICE how TARGETS for DXY & EUROUSD coincide. 4. RSI is currently over extended for EUROUSD & has seen its squeeze from previous oversold levels. *IMPORTANT: When both price actions come to touch they either float in same channel before separating again or completely blow through one another. SCENARIO: With DXY's current bearish momentum this can be a bullish factor for EURUSD as they have a clear inverse behavior and vice versa. FULL CHART LINK : www.tradingview.com FOREXCOM:EURUSD TVC:DXY
by DGSTBROKERACC