Related Ideas

I'm sorry but that's not a cup and handle formation.
there needs to be a double top and then a handle.
+2 Reply
gjmullen somanystreams
@somanystreams, how about call it a bucket and shovel handle? either way the retrace and channel support/resistance is ultimately where the trade signal will come from.
gjmullen somanystreams
@somanystreams, not enough data history on trading view but looks close enough for me.

@gjmullen, not trying to be a troll or a picky a**hole, just trying to clarify what a cup and handle is. just so you know i mean no disrespect or anything like that.
a cup and handle formation is a U shape with a small descending (correction) handle that bounces into a breakout.
The U shape's two tops are either perfectly double tops with a large dip in the middle or very close to a double top. like... very close.
see link below. hope that helps. good luck out there.
+1 Reply
gjmullen somanystreams
@somanystreams, none taken. I searched through all those google photos too to find something that would look more like this chart... I give up. its not a technical cup and handle. been trading since 1998. still like the look of LTC as a long term up trend. just need this baby to break back over those moving averages to stock up. stochastic divergence on moving average convergence/divergence adding strength to the case for change of trend. ATB
@gjmullen, yes, i personally believe litecoin is one of the best investments in the cryptosphere.
I give it by the end of the month before we see it shoot to the moon with all time highs.
but, i don't mind this bear run cause i can just pick more up now.
happy trading!
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out