landscapeprovider
@t_landscapeprovider
What symbols does the trader recommend buying?
Purchase History
پیام های تریدر
Filter
Signal Type
landscapeprovider
The reliability of a typical inverse head and shoulders pattern is generally high when the neckline trends downward. However, the strong buying pressure observed during the recent decline to 53k has resulted in a very strong rebound up to 66k. This has formed an upward-sloping neckline. I predict that after some consolidation and accumulation before breaking the neckline, there will be a strong breakout, bolstered by positive news such as the ETFs for ETH and SOL.
landscapeprovider
From a simple chart technical analysis in my personal perspective, a rising wedge has broken downwards, followed by the formation of a falling wedge. Divergence is currently forming on the 4h, 2h, and 1h charts. Weekly charts also show divergence forming, making the weekly close crucial. However, divergence has not been confirmed on the daily chart. From a macro perspective and based on on-chain data, an upward trend seems likely. The direction is expected to be clarified after the weekly close.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.