Buy Signal Based on Head and Shoulders Pattern in fetch.AI
2024-09-15

The Head and Shoulders pattern is clearly visible on the fetusdt chart. This pattern is identified as a reversal signal from a downtrend to an uptrend. A new uptrend is expected following the breakout of the neckline.

Additional Notes: The breakout of the neckline suggests a trend reversal from bearish to bullish. It is recommended to consider other indicators and technical analysis for confirmation.