In technical analysis, the inverse head and shoulders pattern is a bullish reversal formation that signals potential upward price movement after a downtrend; when combined with other indicators like oversold stochastic readings and support levels, it can help traders identify optimal entry points with defined risk-reward ratios.
Deep Dive
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Deep Dive
BITCOIN BULLISH PATTERNS ARE STACKING UP
Added:Hello gurus. Welcome to another episode.
Hope you're having a beautiful day.
We're going to jump in the charts for Bitcoin. Look at the look at the technicals. It is the weekend, so I'll just do Bitcoin. Hit the subscribe button, smash that thumbs up button, turn on the bell. Um I'm going to look at the technicals, show you my trades.
It's like a 2 point something Bitcoin trade now, which is beautiful. If you have uh this isn't financial advice, these are my trades, my lessons. You can learn from my wins and my losses. Um and see what I do right now. I'm mostly in cash 90% building a Bitcoin position to Bitcoin. I'm building Google, Nvidia, Apple, TSM, Foxcon, Amazon um positions as in Nvidia as they pull down. I've got laded orders on supports and my goal is to keep compounding my money and then use my money to help the world, help people buy what I want, travel the world. I was on business class yesterday in my other video and all that good stuff. And you can learn from me. I'm multi-millionaire making these videos for free on YouTube every day for 6 years, which is beautiful. I hope you learn a lot. Let's jump into the technicals for Bitcoin now.
And if you make money from me, push messages of peace, protect the nature, the trees, the animals. Bitcoin on the Sunday down.5%.
Not much, but you can see it's already had massive 54% correction on Bitcoin.
um which is quite huge to be honest. A 54% correction is massive especially for an asset that's getting bought up by the biggest institutions in the world. 54% pullback we can see there is a support forming here and in the closer times I've already closer time frame I already showed that inverse the inverse head and shoulders. Wait let me draw I see something forming here.
You learn technical analysis, trading, view, all that in the stock room masterassourse and crypto masterass. The links are in the description of this video or jamesgshow.com.
Can see we got some kind breakout already occurred. You see that? Cool.
And look um hammer candle out of that breakup breakout. Then second hammer candle. If we measure the distance of this descending triangle target would be look at that. That was like a kind of hidden descending triangle. target would be 88. And look, it lines up perfectly with the moving average. Look at that.
Possible target on Bitcoin. It's got a breakout oversold on the weekly stochcastic. Bitcoin indicator bot still a red cell. H. Sorry, the guru bot still a red cell. Bitcoin indicator bought a buy on the daily. Bitcoin indicator bought a buy. Inverse head and shoulders. You see it on the daily time frame. I've been pointing this out every day almost. Shoulder head shoulder forming here. inverse head and shoulders target of 72 on the 4hourly overbought and a smaller inverse head and shoulders that's already breaking out that's why I added to the trade yesterday where I would take a trade still from 62500 stop loss 62179 risk toward 328 to make 10,000 um which is amazing risk-toreward that's where I would set an order on the 4hour looks like it's pulling down a bit on the hourly eventually this inverse head and shoulders looks like it could pump it's oversold, but you can see there's another support here at 63800.
But with the Iran war, expect we can easily pull back to 62. But this would be another potential trade and buy area with a tight stop loss because it's off the moving average.
But it looks like there is some support forming here. You can see back here there's support all the way to the 10th and taking it back to this resistance.
Wrist rod would be 158. Not enough.
Maybe pull it down here so it lines up with these supports down there. Wrist rod 63. So I'd risk 211. Not enough. But you can see there is some support here.
But risk $200 and then take it back to resistance. $200 to make $2,300.
Those are two trades I would take off support. But on the longer term time frame, I'm building a position here on Bitcoin because you see it's on a major support. Next major support 48 if this doesn't hold. But it is very oversold.
Um a lot of indicators starting to show that it's buying time. But just I'm going to always DCA down. And you can see I've got orders already ladded. Um it pulled back a little bit today from where I bought yesterday. Uh, no. After I bought it's still up, which is beautiful. It's $1,000 in the profits.
Two Bitcoin trade. 2.1 Bitcoin, which is beautiful. $140,000 trade. 2.18 Bitcoin.
It's slowly heading up higher highs, but again, this elite plus AI traders group.
Um, you can join at clash of ais.com.
Fable went long on oil.
And you can see other Gemini 3 Pro went long on Ethereum. Gemini 3.1 went long on oil. Not the best. That means the war is escalating. All the links are down below. You can join Clash of AI $99 a month. Um or join on YouTube and then you get access to that group. All the links down below. By bit 30k bonus, WEX, $200, free Telegram group, and then that elite traders group and you can get the courses there as well. That's my updates in the market. Quick trades on Bitcoin.
Tomorrow I'm going to look more in stocks. I've already got my orders laded down on Apple, Nvidia, Google. I set them all on Friday and I bought into the first positions and now just monitoring those see where the technicals pull back and yeah living on the beautiful life on the water chilling traveling business class flew back beautiful life learn from me if you want um push messages of peace protect the nature the trees each other stop wars as much as you can push messages of peace all this is you're all exactly the same brothers and sisters friends you'll be the best of friends you hang out like crazy you'd love to spend time with each other. Most of you are alone and bored anyway. Stop hating on each other. Love you all. Have an amazing day and I'll see you all again tomorrow.
[music]
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