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 ...
After a 21.75% YTD decline, a three-drive ABC correction and death cross suggest another potential XLM decrease. The Sharpe ...
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.
Solana, Avalanche, and MOVE are testing crucial technical levels. SOL sees $500, AVAX eyes $100, and MOVE targets a breakout ...
Kaspa is currently trading within a head and shoulders pattern. The price declined in the latter half of 2024, signaling potential vulnerability. A breakdown from this pattern could confirm the ...
BTC’s price action since late November has evolved into what technical analysts call a “head and shoulders” (H&S) pattern, which foreshadows a bullish-to-bearish trend change. The first ...