Cryptocurrency Q&A
Is H&S bullish or bearish?
Is H&S bullish or bearish?
Skywalker
Mon Nov 25 2024
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6 answers
1362
I'm trying to figure out if the current market trend for H&S is bullish or bearish. I'm looking for insights or analysis that can help me understand the direction the market is heading in.
6 answers
Giuseppe
Wed Nov 27 2024
A bearish head and shoulders pattern features three distinct peaks.
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InfinityVoyager
Wed Nov 27 2024
The middle peak in this pattern is notably higher than the two surrounding peaks.
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Isabella
Tue Nov 26 2024
This formation is often interpreted as a signal for a reversal of an upward trend in the market.
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CryptoWizard
Tue Nov 26 2024
On the other hand, a bullish head and shoulders pattern presents three troughs.
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Bianca
Tue Nov 26 2024
In this case, the middle trough is lower than the other two, indicating a potential shift in the market direction.
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