What Is A Cup And Handle?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume....
Using my eye for fractal patterns and fib I think I got a pretty clear picture here for you. This is confluent with my previous charting of Bitcoin Dominance where we are about to pump beyond any level ever seen by dominance. We just have to fall into the scallop first and then game on.
i will be expanding upon this as more data comes in, but this makes perfect...
UNIUSDT on a cource of a breakdown? Techinchal Indicators are on STRONG SELL!
Short at 3.10
Take-Profit at 2.9385, 2.6817, 2.4468 or Less
Sl at 3.2066
Techinchal Summary
RSI(14) 46.723 Neutral
STOCH(9,6) 21.580 Sell
STOCHRSI(14) 15.170 Oversold
MACD(12,26) 0.145 Buy
ADX(14) 26.667 Neutral
Williams...
The long awaited correction has started.
Broke below the 21D MA
Expecting a retest around 18.5k and then further down to the 17.4k level.
BTC won't dump for 10 to 20% at once it will go down slowly.
If you are a margin trader you can short the resistance levels and long the support levels with stop losses.
Currently the complete market is uncertain so better to...
The global trend is downwards. This being said, we did break down to a previous trendline which acted as support and is upwards - a higher low formed. We are beginning to be squeezed into a triangle.
We bounced from the top trendline which acted as resistance and now I anticipate and hope to continue moving downwards, once again touching that bottom supporting...
btc has just confirmed its downtrend
In this chart I am showing the expected scenario with the all targets and support and resistance areas
short term targets: 17800 - 17600
stop loss: 18500
Hi, friends. Fake growth continue .. "Earned" indicator show downward earnings on small upward trends. Its easy to see on this idea chart window. So I waiting strong downward trend in near time ... Levels thanks to X-Lines script.
