The inverse head and shoulders pattern indicates that the market might be bottoming after a prolonged downturn. Along with a double-bottom pattern, it is arguably the most popular reversal pattern.

Top Stories A bullish inverse head-and-shoulders price pattern is building in the combined market capitalization of altcoins. The term “altcoin” is short for “alternative coin” and, in ...

Key Takeaways Coinbase shares soared 24% on Tuesday following news the cryptocurrency exchange will be added to the S&P 500.The stock forged an inverse head and shoulders pattern on the chart ...

To apply the analysis, we measure the distance between the inverse head and shoulders’ head and its neckline, then add that amount to the top of the pattern. For example, we add $43 to $180 ...

If the inverse head-and-shoulders pattern forms, Bitcoin’s price could dip to $60,000 support levels before hitting new all-time highs. Source: Matthew Hyland ...

A head and shoulders pattern on a stock chart includes three peaks with the middle being the highest. It’s been a reliable indicator of a coming bull-to-bear reversal. Learn more.

The inverse head-and-shoulders, one of the most trusted bullish technical analysis patterns in the market, forms when an asset chalks out three price troughs, with the middle one being the lowest ...

An inverse head and shoulders in QQQ and NDX signals bullish potential for high-beta tech, despite macro risks. Read why a 15% upside may be in play.

If Tesla shares retrace, it’s worth keeping an eye on the $189 level, an area they would likely attract buying interest near the inverse head and shoulders’ neckline.