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Investopedia / Joules Garcia The inverse head-and-shoulders pattern is a major reversal signal that forms at the end of a downtrend. It has three successive troughs, with the middle trough being ...
She has 15+ years of experience as a financial writer and technical analyst. The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis. It shows a baseline ...
Despite macro pressure and a bearish chart setup, Litecoin is gaining traction on the rollout of a layer-2 network and other ...
Bitcoin faces a volatile June amid low liquidity, macro pressures, and key support levels, despite strong institutional interest from firms like Metaplanet.
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.
For Kibar, the reality may lie somewhere in the middle. Analyzing daily timeframes, he flagged what could become a head-and-shoulders pattern, a classic feature marking an uptrend breakdown.
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