Timeframe: 1H | Exchange: MEXC
Date: March 23, 2025
Hey traders! 👋
Spotted a possible Head and Shoulders pattern forming on ARCSOL/USDT. 👀
Left Shoulder: Around 0.0503
Head: Bottomed out at 0.0415
Right Shoulder: Currently forming near 0.0471
This pattern is typically a bearish reversal signal, especially after an uptrend — which we’ve seen over the past few days. If price breaks below the neckline (around the 0.047 region), we could see further downside. 📉
🧩 Supporting indicators:
Momentum indicators are cooling off
Stochastic RSI is showing potential for a downtrend continuation
Bearish divergence on oscillators
Volume declining on the right shoulder — a classic sign 👌
🚨 Key levels to watch:
Neckline support: ~0.047
Breakout target (if confirmed): ~0.038–0.040 zone
Invalidation: Break above 0.055 with strong volume
Not financial advice — just sharing what I see. Stay sharp and manage risk! 🛡️
What’s your take? Comment below! 💬
#ARCSOL #USDT #CryptoTrading #HeadAndShoulders #ChartAnalysis #TechnicalAnalysis #CryptoTA #TradingView
Date: March 23, 2025
Hey traders! 👋
Spotted a possible Head and Shoulders pattern forming on ARCSOL/USDT. 👀
Left Shoulder: Around 0.0503
Head: Bottomed out at 0.0415
Right Shoulder: Currently forming near 0.0471
This pattern is typically a bearish reversal signal, especially after an uptrend — which we’ve seen over the past few days. If price breaks below the neckline (around the 0.047 region), we could see further downside. 📉
🧩 Supporting indicators:
Momentum indicators are cooling off
Stochastic RSI is showing potential for a downtrend continuation
Bearish divergence on oscillators
Volume declining on the right shoulder — a classic sign 👌
🚨 Key levels to watch:
Neckline support: ~0.047
Breakout target (if confirmed): ~0.038–0.040 zone
Invalidation: Break above 0.055 with strong volume
Not financial advice — just sharing what I see. Stay sharp and manage risk! 🛡️
What’s your take? Comment below! 💬
#ARCSOL #USDT #CryptoTrading #HeadAndShoulders #ChartAnalysis #TechnicalAnalysis #CryptoTA #TradingView
Trade attivo
This has been updated with correct data here - 
Trade chiuso: obiettivo raggiunto
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.