A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and shoulders pattern is characterized by an initial rally to a peak (the first shoulder ...

I have been asked to expand a little on the chart formation known as the 'Head and Shoulders' (H&S). Most traders will have heard of this pattern, but they may not be aware that the concept can be ...

Recent charts of Ethereum have shown an interesting picture with analysts, keeping a close eye on what may be an inverse Head and Shoulders pattern. Looking at this formation over a longer period of ...

Despite a 16% increase over the past week, the altcoin’s recent chart pattern, combined with declining network activity, suggests that a correction could be imminent. Polkadot has recently formed a ...