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 ...
Analyzing daily timeframes, he flagged what could become a head-and-shoulders pattern — a classic feature marking an uptrend breakdown. “Breakout from the broadening chart pattern that ...
STX price formed a head and shoulders pattern and has broken below the neckline. Stacks founder suggests the project could ...
At the same time, PlutoChain ($PLUTO) could offer a potentially transformative Layer-2 solution for Bitcoin. Here’s a closer look at both projects.
Avalanche [AVAX] is making waves as it consolidates within a symmetrical triangle, a classic bullish pattern that often ...
Pepe coin maintains position above key technical support at $0.00001716 as market cap reaches $7.3 billion, presenting mixed ...
According to analyst Ali Charts, Ethereum is forming an inverse head-and-shoulders pattern on the daily chart. This pattern consists of a left shoulder, a head, and a right shoulder. The inverse ...