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We can see on the 4 hr chart the current bull flag has started to morph into an ascending triangle bull pennant. Probability is good it will break upward....that should trigger the cup and handle that is still in play if that cup and handle is valid....However this entire bull runs price action also appears to be trapped inside a rising wedge which are patterns...
Great upswing yesterday just as I was hoping and we are still continuing to play out this potential Eve double bottom quite perfectly. Eve bottoms have a much slower climb than traditional double bottoms and tend to fake out a lot of bears along the way with many a bear trap. We are currently consolidating with some inside bars and we are overdue for a...
XLM/BTC: Looks to be forming a cup and handle, just waiting on the handle to form to give us a nice entry position. XLM should correct/retrace sooner than later from its recent bull run, which will allow a handle to form. Buy area and Stop Loss have been set, watch buy area closely, XLM tends to retrace larger than usually expected, XLM may dip down to the 0.5...
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...
Bullish on KNC, Cup is forming right now
following from the analysis on the 14 March. currently in a key area, awaiting a reversal/ break to confirm. May push down to the 50% fib level. patience.
Pattern turning out to be true, previous support turns resistance looks to be causing a short term downward trend. IF this turns out true, we have potential cup & handle formation, which would make sense for overall bearish mid-term trend, with a potential bounce upwards to 50% fibonacci level / 61.8% fibonacci level. IF pattern = true, great potential buy in...
* IMPROBABLE BUT FUNNY* This is a crazy idea for a massive cup with handle. High volume on the extremities and low volume throughout the 'cup'. A TON of assumptions made to make a handle on the cup and a ridiculous projection on the possible breakdown form that handle point puts us at 2.5k. When plotting this I thought it was too funny to find a possible path to...
Potential Cup and Handle pattern on Bitcoin 3.82% , target 10.5k. Enter only on breakout or at the bottom of the range. Keep in mind handles often break down and form a second handle before breaking out. TRADE AT YOUR OWN RISK.
ICX has been trending nicely within its descending wedge & now I see two possible scenarios. We can see a couple little bush candles pop up and so I think; 1. To break above the top trend line & continue its journey in completing a Cup pattern as shown. 2. Bounce off the trend line and continue its wedge trading pattern for another possible buy back in...
On the 4hr chart, you can easily spot the formation of a cup&handle pattern, perfectly drawn. At the moment the handle is forming nicely as i sad around 1/3 depth of the cup around 1560 sats and consolidates there. We will see a huge uptrend in the next days. indicators like rsi and macd are resetting.
Ichi Cloud Support, Bearish Div and Good Fundamentals Indicate a possible Handle formation of the pre-existing Cup. Lets see how this plays out. Have a position since 9000 sats. Might BTFD :3
Possible Cup and Handle formation happening with Cardano. Macd cross on the 1h frame is happening. If bitcoin keeps momentum steady to 7k. There is a good chance we could see growth. (This is not financial advice, this is a volatile market where anything can happen)
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 .
Hello again Tradingview community, Some unexpected life events pulled me away from the market (and everything else) for a few days, but I'm back and ready to share a new idea. Thank you for taking the time to take a look :)) We have a cup-and-handle technical pattern tracing out in the VIXY, indicating a break to the upside in volatility and inductively...
THC Long Idea Has been on many people's radar since last year and this Jan. Nice cup pattern in weekly chart.