Raydium showin couple nice things on the Daily chart. Also on higher timeframes but i only focus on the daily in this setup.
Potential Cup and Handle (yeah it's in the room with us rn), with a higher low doulbe/triple bottom at a .786 retrace, class C bullish divergence on the MACD Histogramm, RSI and Stochastic at very favorable levels and the day will most...
Gold has been forming a cup pattern from the 2011 @1920 high to the 2020 high @ 2074. Since it's high in 2020 gold has slowly shed it's value over the course of 7 months it has been a steady decline. This price action has formed
what could be a nice handle. After bottoming out at 1667 it is likely we will see at least a short term reversal. Gold is likely to find...
***THE FOLLOWING ARE JUST MY PERSONAL IDEAS AND THE OUTCOMES OF TRADING BASED ON THESE ARE ALL ON YOU, THANKS***
Bullish market, forming n inverse cup n handle.
Currently bottom of the channel of the handle
Best entry point will be around 1800-1810 to price targets of 1850 with stop loss aroun 1780
The arc here has been reclaimed after a deep trace down to the 200D SMA, not yet comfortably/confidently back in the cup, but it could be a nice indication that may allow us some positivity. Good luck!
I found this very undervalued company, which is flat since March 2020.
Inpixon provides technologies to monitor indoor flows.
The more I look at this, the more it becomes evident that they would make an excellent acquisition target, technology-rich, cash on hand no debt, and a minuscule market cap. In addition, management is not shareholders so would make an...
Short Update :
Xrp is forming cup nd handle formation on daily and it will be interesting to see how the montlhly candle closes !
Huge move is on the way very soon
As usual do not buy any crypto with my advise , always do your own research before buying ,losing money is subject to user's greed and his mindset !
The cup and handle is a bullish continuation pattern where an upward trend has paused, but will continue when the pattern is confirmed. The "cup" portion of the pattern should be a "U" shape that resembles the rounding of a bowl rather than a "V" shape with equal highs on both sides of the cup. it means that possible increases should wait.