⬆️ This pattern is called "Head and Shoulders", and it's usually followed by a bearish trend (it can be both short or long term).
It's a reversal pattern, meaning that once both the shoulders and the head have been completed, the trend will reverse and start going the other way, in our case above, it will start going down.
The 2 lows you can see in the image above (the one right after the left shoulder, and the one right after the head), together, decide where the neckline is.
The neckline is important because, once the right shoulder has been completed, that's where the bearish breakout will begin.
There is also another version of this pattern, called "Inverse Head and Shoulders", which is the same, only this one signals the trend reversal from bearish to bullish.
This is a great and accurate pattern you can use to identify trend reversals and bearish/bullish price movements, it's easy to spot on the charts and not hard to understand.
It's a reversal pattern, meaning that once both the shoulders and the head have been completed, the trend will reverse and start going the other way, in our case above, it will start going down.
The 2 lows you can see in the image above (the one right after the left shoulder, and the one right after the head), together, decide where the neckline is.
The neckline is important because, once the right shoulder has been completed, that's where the bearish breakout will begin.
There is also another version of this pattern, called "Inverse Head and Shoulders", which is the same, only this one signals the trend reversal from bearish to bullish.
This is a great and accurate pattern you can use to identify trend reversals and bearish/bullish price movements, it's easy to spot on the charts and not hard to understand.
🚨FREE IOST! DON'T MISS! 🚨
$IOST Is doing a 6Mn AIRDROP. The First official IOST live stream on YouTube and Periscope Sunday, January 28th @ 5 PM PST and Monday, January 29th @ 1 AM UTC.
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FOR IOST INVITE CLICK HERE: 👉 https://goo.gl/PFbQ3q
$IOST Is doing a 6Mn AIRDROP. The First official IOST live stream on YouTube and Periscope Sunday, January 28th @ 5 PM PST and Monday, January 29th @ 1 AM UTC.
Follow @IOStoken on Twitter and sign up to get free IOST.
FOR IOST INVITE CLICK HERE: 👉 https://goo.gl/PFbQ3q
‼️ TRADING RECOMMENDATIONS ‼️
What you shouldn’t do
- Never open a position when the price is at its peak. The higher and faster it rises the harder it will fall.
- Don’t try to be a trader thinking you will buy and then sell again after 10 seconds making a profit. In the best case scenario you will break even.
- Do not put more than your initial 8-12% deposit on a single signal.
Rules of trading at low risk and profit
- Put a stop-loss order on -15% for each signal. To do that effectively, install a real time price monitoring app such as Blockfolio or TabTrader and as soon as the price reaches the -15% mark, sell it. ( I never use stoploss )
- After a buy order has been filled, you should open a sell order right away in the following manner:
30% of the coins should be sold at the 1st price target. 30% at the 2nd, 30% at the 3rd and the rest of the 10% should be sold manually trying to shoot for a highest price possible. The rest is being sold as soon as the price reaches the buy price or alternatively put a stop-loss order within 10% of the initial buy price.
- After these X targets have been successfully reached and a profit has been made, if the price reaches the initial buy price, sell everything.
Rules of trading at high risk and profit
- Buy more on steep price declines. This will aid in stabilizing the price and reverse the downwards trend.
- Never sell at a loss
- After a buy order has been filled, you should open a sell order right away in the following manner: 20% should be sold at the 1st price target, 20% at the 3rd, 40% on the 5th, 10% on the 7th and 10% on the 8th.
- Always be sure that you hold at least 30% of your portfolio in BTC - this is done for diversification and the possibility to buy the dips.
What you shouldn’t do
- Never open a position when the price is at its peak. The higher and faster it rises the harder it will fall.
- Don’t try to be a trader thinking you will buy and then sell again after 10 seconds making a profit. In the best case scenario you will break even.
- Do not put more than your initial 8-12% deposit on a single signal.
Rules of trading at low risk and profit
- Put a stop-loss order on -15% for each signal. To do that effectively, install a real time price monitoring app such as Blockfolio or TabTrader and as soon as the price reaches the -15% mark, sell it. ( I never use stoploss )
- After a buy order has been filled, you should open a sell order right away in the following manner:
30% of the coins should be sold at the 1st price target. 30% at the 2nd, 30% at the 3rd and the rest of the 10% should be sold manually trying to shoot for a highest price possible. The rest is being sold as soon as the price reaches the buy price or alternatively put a stop-loss order within 10% of the initial buy price.
- After these X targets have been successfully reached and a profit has been made, if the price reaches the initial buy price, sell everything.
Rules of trading at high risk and profit
- Buy more on steep price declines. This will aid in stabilizing the price and reverse the downwards trend.
- Never sell at a loss
- After a buy order has been filled, you should open a sell order right away in the following manner: 20% should be sold at the 1st price target, 20% at the 3rd, 40% on the 5th, 10% on the 7th and 10% on the 8th.
- Always be sure that you hold at least 30% of your portfolio in BTC - this is done for diversification and the possibility to buy the dips.
‼️ RULES OF TRADING ‼️
❗️ FOLLOW OUR LATEST SIGNALS
❗️ DO NOT GO ALL IN AT ONCE
❗️ DO NOT BUY AT MARKET PRICE
❗️ WHEN I GIVEN SIGNALS, BUT INCASE OUT BUY OF RANGE, YOU POSSIBLE BUY WITH CURRENT PRICE IF IT'S NOT OVER 1% BUY ZONE
❗️ PATIENCE IS KEY TO SUCCESS
- Use 15-20% of the total investment you want to make at the beginning.
- Never be panic, never sell in loss if coin be already dump.
- Always wait for the right time to buy.
- Sell when you feel good. (Small profit never kill. Sell when you got profit)
- Don't fall in love with one coin.
- Don't worry and cry if market will be sudden dump due to bad news. (Stick to your plans)
- Don't enter in the peak value of coin if you have no idea about the achieved target.
- Don't invest in dead coin.
- Trade at your own risk.
- And last dont regret if you sell the coin and coin goes up, profit is always profit, because in both situation you will regret if coin goes down you will say why i didn't sell and if coin goes up you will say shit, why i need wait I sell in low price but the thing is profit is always better, profit is PROFIT, always set what percentage you want from the particular coin and sell it. That set. Next trade is waiting for you.
❗️ FOLLOW OUR LATEST SIGNALS
❗️ DO NOT GO ALL IN AT ONCE
❗️ DO NOT BUY AT MARKET PRICE
❗️ WHEN I GIVEN SIGNALS, BUT INCASE OUT BUY OF RANGE, YOU POSSIBLE BUY WITH CURRENT PRICE IF IT'S NOT OVER 1% BUY ZONE
❗️ PATIENCE IS KEY TO SUCCESS
- Use 15-20% of the total investment you want to make at the beginning.
- Never be panic, never sell in loss if coin be already dump.
- Always wait for the right time to buy.
- Sell when you feel good. (Small profit never kill. Sell when you got profit)
- Don't fall in love with one coin.
- Don't worry and cry if market will be sudden dump due to bad news. (Stick to your plans)
- Don't enter in the peak value of coin if you have no idea about the achieved target.
- Don't invest in dead coin.
- Trade at your own risk.
- And last dont regret if you sell the coin and coin goes up, profit is always profit, because in both situation you will regret if coin goes down you will say why i didn't sell and if coin goes up you will say shit, why i need wait I sell in low price but the thing is profit is always better, profit is PROFIT, always set what percentage you want from the particular coin and sell it. That set. Next trade is waiting for you.
‼️ Table Of Contents ‼️ ( IMPORTANT POST )
First of all, I strongly believe that crypto trading completely changed your outlook on life and money. Most of you met trading only when it has became an international trend - in 2017 year.
💭 I really like the following quote: "The whole of Crypto Currency Market can be explained in this example: if we consider that there are 3600 seconds in 1 hour on clock, we are only in the first 5 seconds". I really have faith in the idea, that everyone can find financial freedom, if he really wants it. And i want to bring you only the best information (signals, tips, news and etc.).
Below are some Info, News, Tips and Tricks that I summarize from this Channel.
❓ For what exchanges do we provide signals?
There are 2 exchanges that we use daily: Bittrex and Binance , but also we work with HITBtc, Poloniex, Cryptopia, Yobit and others with lower accuracy (80%)
❓ Rules of Trading
https://t.me/VIP_CryptoSignals/629
❓ Trading Recommendations
https://t.me/VIP_CryptoSignals/628
❓ VIP CS Testimonial
https://t.me/VIPCSTestimonial
❓ Trading Tips
https://t.me/VIP_CryptoSignals/110
https://t.me/VIP_CryptoSignals/196
https://t.me/VIP_CryptoSignals/197
https://t.me/VIP_CryptoSignals/326
https://t.me/VIP_CryptoSignals/475
https://t.me/VIP_CryptoSignals/620
https://t.me/VIP_CryptoSignals/371
❓ Warning
https://t.me/VIP_CryptoSignals/529
https://t.me/VIP_CryptoSignals/413
https://t.me/VIP_CryptoSignals/370
https://t.me/VIP_CryptoSignals/280
https://t.me/VIP_CryptoSignals/660
❓ ICO
https://t.me/VIP_CryptoSignals/646
❓ Membership Plan
https://t.me/VIP_CryptoSignals/609 (Free trading material and Learning E-book)
First of all, I strongly believe that crypto trading completely changed your outlook on life and money. Most of you met trading only when it has became an international trend - in 2017 year.
💭 I really like the following quote: "The whole of Crypto Currency Market can be explained in this example: if we consider that there are 3600 seconds in 1 hour on clock, we are only in the first 5 seconds". I really have faith in the idea, that everyone can find financial freedom, if he really wants it. And i want to bring you only the best information (signals, tips, news and etc.).
Below are some Info, News, Tips and Tricks that I summarize from this Channel.
❓ For what exchanges do we provide signals?
There are 2 exchanges that we use daily: Bittrex and Binance , but also we work with HITBtc, Poloniex, Cryptopia, Yobit and others with lower accuracy (80%)
❓ Rules of Trading
https://t.me/VIP_CryptoSignals/629
❓ Trading Recommendations
https://t.me/VIP_CryptoSignals/628
❓ VIP CS Testimonial
https://t.me/VIPCSTestimonial
❓ Trading Tips
https://t.me/VIP_CryptoSignals/110
https://t.me/VIP_CryptoSignals/196
https://t.me/VIP_CryptoSignals/197
https://t.me/VIP_CryptoSignals/326
https://t.me/VIP_CryptoSignals/475
https://t.me/VIP_CryptoSignals/620
https://t.me/VIP_CryptoSignals/371
❓ Warning
https://t.me/VIP_CryptoSignals/529
https://t.me/VIP_CryptoSignals/413
https://t.me/VIP_CryptoSignals/370
https://t.me/VIP_CryptoSignals/280
https://t.me/VIP_CryptoSignals/660
❓ ICO
https://t.me/VIP_CryptoSignals/646
❓ Membership Plan
https://t.me/VIP_CryptoSignals/609 (Free trading material and Learning E-book)
VIP CS GOLD™
🔊 1ST Buy 7800 or below Sell 9000 - 9800 - 11500
Hit 9463 gratz who follow this signals for free. Will go more 😉
SUGAR Crypto Signals™
🔊 STRAT Buy 121 Sell 135 - 148 - 160
Hit 1st target too, 141✅ waiting for the next wave ☺️
Interesting read about the Elliot Waves, how they're created by wave interference and this is also a great example how most of the technical analysis is pure geometry.
https://yukongoldnuggets.wordpress.com/2016/02/09/a-fractal-model-for-the-elliott-wave-principle/
https://yukongoldnuggets.wordpress.com/2016/02/09/a-fractal-model-for-the-elliott-wave-principle/
VIP CS GOLD™
🔊 BRK Buy 5850 Sell 6200 - 6800 - 7200
It's done hit all the target ✅
☘️ IT SEEMS THAT MARKET IS SLOWLY RECOVERING ☘️
✈️ I don't want to make a big pronouncements, but it seems that we have overcame these red market days. As you can see - a lot of altcoins are bullish. BTC is trying to make upward movement too, next resitsance is 13k, as I think.
💵 Now we are following some very nice coins that we want to give you for mid-term signals. As soon as they go through correction - we will offer some good signals there.
💡 Some more thoughts: our team is monitoring the market everyday for long hours, and gradually we formed our opinion about today's market mode and this is mid and long-term investments. Of course, short-term trading is alive and there are a lot of good coins that we can invest in, however we believe that market will slightly move to the mid and long-term investing.
✈️ I don't want to make a big pronouncements, but it seems that we have overcame these red market days. As you can see - a lot of altcoins are bullish. BTC is trying to make upward movement too, next resitsance is 13k, as I think.
💵 Now we are following some very nice coins that we want to give you for mid-term signals. As soon as they go through correction - we will offer some good signals there.
💡 Some more thoughts: our team is monitoring the market everyday for long hours, and gradually we formed our opinion about today's market mode and this is mid and long-term investments. Of course, short-term trading is alive and there are a lot of good coins that we can invest in, however we believe that market will slightly move to the mid and long-term investing.