Total2 wants to inv h&s its way into completing its cup’s handle

10 Tem

Should break above the neckline of this lemon lime colored inverse head and shoulder pattern in the upcoming 1-3 weekly candles here, and we are likely less than a week a way from the daily chart golden cross (not shown here). The breakout target from this inverse head and shoulder pattern will take price above the rimline of the larger cup and handle pattern and upon triggering the breakout from that we head to the light blue erasure move target which fro where price action currently is is about a 100% gain for the alt racket which should confirm alt season. *not financial advice*

16 Tem

İşlem aktif

Confirming the inverse head and shoulder breakout here, should hopefully take us above the rimline of the bigger cup and handle.

14 Ağu

Not

Almost to the inverse head and shoulders full breakout target and as predicted price had now risen above the rimline of the cup and handle pattern in the process. The important thing to watch in order to trigger the cup and handle breakout next is whether or not the rimline can maintain solidified support now that price action is above it. It is fairly likely price action will at least retest the support of the rimline after reaching the full breakout target of the inverse head and shoulders pattern.

14 Eyl

Not

Inverse head and shoulders target hit in full. Now hopefully price can stay above the neckline of the cup and handle so we can validate that breakout and finally start the alt season.