Watching $Wojak right now—looks like a classic inverted head and shoulders setup could be brewing. This is the kind of pattern traders get excited about.
Two ways to play it:
First option: catch the bull flag trendline when it bounces. Solid if you want earlier entry and don't mind the extra volatility.
Second option: wait for the breakout to actually print, then let the price pull back to retest that neckline. More confirmation, less guesswork. This approach typically filters out the fakeouts.
Depends on your risk appetite and what timeframe you're trading.
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GasWaster69
· 17h ago
Bro, this head and shoulders bottom looks a bit risky to me; it's easy to get crushed.
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AirdropHarvester
· 12-24 18:06
Head and shoulders are outdated, I get scammed every time
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DAOdreamer
· 12-24 13:00
Head and shoulders sound good, but I always feel like this coin wojak is going to crash.
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NervousFingers
· 12-24 12:49
I've seen this head and shoulders pattern many times; it's probably just a false alarm... but it is indeed tempting.
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CounterIndicator
· 12-24 12:49
Reverse indicator guy, these head and shoulders tops are all the same, I'm sick of seeing them.
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LootboxPhobia
· 12-24 12:49
Wow, this chart is really awesome. Wait for the breakout confirmation before jumping in to be safer.
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CountdownToBroke
· 12-24 12:45
Head and shoulders bottom is back. Can it really break through this time? I always feel like this pattern is more deceptive.
Watching $Wojak right now—looks like a classic inverted head and shoulders setup could be brewing. This is the kind of pattern traders get excited about.
Two ways to play it:
First option: catch the bull flag trendline when it bounces. Solid if you want earlier entry and don't mind the extra volatility.
Second option: wait for the breakout to actually print, then let the price pull back to retest that neckline. More confirmation, less guesswork. This approach typically filters out the fakeouts.
Depends on your risk appetite and what timeframe you're trading.