MANA/USDT, CHZ/USDT: Bullish Inverse Head and Shoulders Pattern

 By Deya Hroob


Bullish Inverse Head and Shoulders Pattern

MANA/USDT Daily Chart Analysis






How to Trade Inverse Head and Shoulders Pattern?


We have to wait the price to penetrate the neckline, and then go long ( Buying ).

In MANA/USDT , if the price can go above the neckline, the target will be $1.10.  

CHZ/USDT Daily Chart Analysis

The same pattern is spotted on CHZ/USDT pair.




If bulls could take the price above the neckline, our target will be $0.44.

Trade Wise and Good Luck,

Comments

Popular posts from this blog

Ethereum is Trading Inside an Ascending Channel

GBPUSD: Two Scenarios For Next Week!

EURUSD: Planning Long Entries For Next Week!

Ethereum Can Moves On Two Directions

Weekly Chart Prevents me to Buy Ethereum

Ethereum Choose Bearish Scenario

Ethereum Got Rejected from Strong Structure

EUR/GBP is Trading in a Descending Triangle

GOLD (XAUUSD) TRADING PLAN!