Just my thoughts. What do yall think? Got a couple of scenarios here.
I'm thinking it will breakout of this triangle then that will send it up high enough to break the inner cup and handle which will send it up high enough to trigger the big cup and handle which should take ripple to $2 sometime in June. For now I like the mantra of "To the Moon in June!"
I think the bigger cup is more probable but they could both be valid. Then again always keep in mind they could both fail, with btc being so volatile lately and most alts movements still in lock step with btc.
Keep in mind to the left of the cups left side of its rim is a higher candle wick which could potentially be the real rim of the cup and the cup could be deeper and have yet to have formed its rim...We will know whether or not the current neckline is the real neckline of ethereum's cup when we see large bull volume after we break the neckline within the first 3...
Looking to the left of the cup we can't see any obvious higher points where a deeper cup could forms o there's good chances this is a legitimate cup and handle breakout...we will have to see how it behaves in the enxt couple 4hr candles to be sure but now is still a good entry point...especially if it's valid...if not you will be able to tell relatively soon by...
We can't be certain Storm'ccup and handle will trigger...but in the current context of the market probability is very high that it will and the upside is huge...the cup is so deep that even at its downward slanted angle Storm will; likely double in price. Of course this is just an assumption based on technical analysis and meant to be my own personal strategy not...
Oversold on the RSI, Stoch RSI has bearish cross. Forming an inverse head and shoulders pattern. Hold off on buying for a couple weeks and watch for the shoulder to form. I'm hoping for a dip of about 10%. Remember, with another crypto bull market beginning to form, pumps can happen very quick, so watch closely! Or, buy now and stay on the safe side, we will see...
We can see a CUP & Handle Pattern // This is on small scale // 1 hour chart /TARGET : 1.618 from previous resistance // support Will update later on till we see how whole market in general play out // Good luck .
We detected Cup and Handle pattern, volume is also rising, demand is higher than supply. Safe buy price is around 0.000575 Next targets will be 0.000598 0.000635 Stop loss: below 0.000550
It's just an idea of possible cup and handle BINANCE:BCDBTC . Price can continue to go down or can stay at this price range.. Again one more time it's just an IDEA not a sure analysis.. But i think we are at the end of BCD correction (but Global crypto correction is not finish) and the big sell wall have been completed so why not.. if we have a good volume in...
Quick analyse about OmiseGo (OMG), we are currently forming a cup and handle, which is a very bullish pattern. Indicators like RSI are also bullish. Regarding the project behind OMG, they are seeking to unbank the banked. It's a decentralized bank using a Proof of Stake algorithms (PoS) and they have Vitaik Buterin (founder of ETH) as an advisor. Currently...
If the handle can complete and continue the upward trend, XRP could be in for a similar boom as a few days ago, just over a longer period of time. Notice the inverted head and shoulders forming after each cup and handle formation.
A possible Cup and Handle Reversal on the AUDNZD Daily. Also forms a descending triangle as any cup/handle pattern should. 1) If it closes above the upper triangle trend with a strong bullish candle then a ling trade should be successful. 2) If it breaks out below point B at 1.08334 then the reversal should be on. Inverted Cup with Handle " You must wait for the...
If everything goes to plan, in one month we will have a massive cup & handle. handle forming now. What do you guys think?
The cup appears more parabolic, but even so, it's trending upward without the cup & handle to possibly re-test $19. Note decline in volume during the handle formation.
Entered my trade at 0.00030 and my trading plan is 30%. Look for this coin to go long over the next few days!