The head and shoulders chart pattern is popular and easy to spot when traders know what they're watching for. It's one of the ...
According to the century-old Dow Theory, the trend in the price movement persists until a reversal occurs. Since those tops and bottoms mark a maximal point of success between the trends, it is easy ...
A head and shoulders pattern signals potential trend reversals in stock prices. Identify the pattern by noting rising and falling prices forming three peaks. Assure pattern validity by checking for a ...
A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...
Discover how to trade breakouts with confidence. Learn to identify key patterns, minimize risks, and capitalize on trends for successful trading outcomes.
The weekly summary article highlights some of our ongoing market observations, MDA stock breakout picks, zombie stocks, ETF trading, Dow picks, and long-term value selections throughout the year.
After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.
Bitcoin’s (BTC) price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a ...
Analysts at alternative asset management firm Valkyrie Investments are closely monitoring what looks like a bearish head-and-shoulders (H&S) pattern on bitcoin's BTC $110,916.49 daily chart. The ...
SUI has dropped from $5 to $2.22 after breaking below the neckline of a head and shoulders pattern. The CMF and MACD suggest ...
Despite having one of the biggest communities in crypto, Pi Coin price action hasn't looked good for a while. Most analyst price prediction for PI coin have leaned bearish, and the chart hasn't given ...
SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.