Here we are taking a look at bitcoin. On the 4 hour charts there is a small cup and handle formation along with a possible bull flag formation. Thinking bullish action to follow. Let me know what you think in the comments below! SmartCrypto LLC takes no responsibility for trade loss or gains. This is not investment advice
I got most of the time good smell on the cups :) This is for educational purposes to take a look back when 2 years will pass. Examples of C&H predictions in related ideas
A possible Cup and Handle pattern is forming on the 1H timeframe IOTA. (This is not financial advice, this is a volatile market where anything can happen)
Looking at an irregular cup shape which may lead to a handle. RSI is oversold expect a pull back as illustrated.
Cup and Handles forming on 1 hour BCH. Looks like it should pump to around 11k and dump again in the next couple of hours.
I believe we will reach a double bottom and then start our upward trend
I believe we will test the 6.9 trend line completing the right inverted shoulder, which will also fulfill the double bottom. We will rebound after testing 6.9 successfully sending us to a cup completion at around the ~12k range.
During the 2008 recession, economist looked at data from the Great Depression in the 1930's to help them understand what the path to recovery would look like. In cryptocurrency, the only past example of a major retracement was 2014 (and that took 3 years to recover!). However, of course, since more people know about crypto now and there are other great coins and...
We can see that the development of the BTCUSD price has continued along (the ever so amateur looking) cup and handle pattern. If we are right and we have a bullish breakout, then we could head past the $12,000 mark. My recent trend channel points towards the possibility of $13,000, but we will see. Apologies for the amateurish cup & handle, I simply do not...
Bitcoin rumbo a los 17200 target
Hi everyone; This is my big idea about Ripple. Keep calm and buy Ripple. The big blue line is the very strong support line while start of ripple. and you can see the big Elliot wave and Fibonacci lines. Ripple is the very strong and technical cryptocurrency. i trust it. Don't u ? ;)
Just a temporary short for the next couple 4 hour candles...only because the last 4 hour candle finished as a bearish engulfing candle...As you can see that channel trendline is a line of extreme resistance...the cp and handle has yet to hit its target price because of it...it will likely retest the channel trendline a couple more tiems and then eventually bounce...
Thanks to the sudden burst from the bulls a cup and handle pattern is currently in play...which is just the type of thing we would need to be able to break above the descending grend channel top trendline which is necessary to break the neckline of the inverted head and shoulder pattern....We shall know if we have a cup and handle pattern on our hands within the...
Not too familiar with Ta and still in the beginning of the learning process. Could this be a cup with maybe following handle on LTCBTC?
$LINK is forming a textbook example of a cup and handle pattern. Volume increased near the bottom, handle didn't retrace more than 50%, and we're getting a spike in volume near the breakout point of the handle. I expect some long term gains Link itself is a awesome project with a great vision. Strategy: Buy below 0.0007 Sell at: 0.00098 (We're going to blast...
Hey Traders, We seen a decent size rally up from the bottom so far and now is the time for a correction, looking at the 4 hour RSI we have been over bought for a couple of days and now we are seeing a down. Ever time Bitcoin has pierced the 70 on the RSI we seen a massive down move to follow. This brought me to the cup and handle pattern which I drew out here....