DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Same setup as the last time. Wait for strong bear candle to close below the pattern's support line.
Nice little weekly cup and handle formation. PT: ~0.79. Room to run if it gets there.
The Stoch RSI is DOWN on the floor.
My price Pridiction
01 Dec '18 : 14000$
01 Jan '19 : 11470$
04 April '19 : 18600$
-42 Week Cup & Handle
-Price has respected weekly 50SMA
-Bollinger band squeeze daily
30 basis points of risk
Buyer above 2.70 on daily closing basis
In the prior weeks, I saw a few articles showing DIS approaching support that had been defined in the bottom band of the upward trend channel outlined. However, as this didn't hold support, the stock didn't crash either, as some tend to do following a pattern breakout.
Looking further, you can see a fairly well defined handle being formed on the cup that played ...
Like some feedback. Ive had it up on my chart like this for a few weeks now... I Like to think this is whats happening longterm, and it gets me in a good mood when I start charting. Just wanted to share that with you all
Traders have love-hate relationship with this stock, I personally have a trader friend who doesn't like WMT. According to him, it doesn't have the properties of a growth stock.
Yet I have been watching it for a couple of months and traded calls all the way from the bottom around 83 to the inflexion point before earnings where I had closed all positions. ...
If we break the above this resistance then we should see a nice quick run up to the next resistance at around $26.
With alts taking turns pumping, as is traditional in an altseason, I expect NEO to go any moment.
Forming Cup and Handle Pattern and to retest resistance at 0.236 Fib/0.79
... DOWN TO $5?
NTLA looks ready for price discovery with targets of 55$ and 125$
Strong base has formed at the 24$ level and it has shaken out people who wanted to see a head and shoulders top.
This looks more like accumulation than distribution to me. The quarterly has 7 higher lows and is a cup and handle.
Bought the base at 25$ and looking to add on confirmation around 32-33$
Cup & Handle on daily
Binance Coin has formed a cup & handle pattern. Look to go long should the price break the resistance line of the handle.
The rounded bottom or "cup" is illustrated by the red line. The bull flag or "handle" is illustrated by the two blue lines.
I can see this at 40+ in next few days. Ready to take off. Nice c&h formation.
just my idea and how I see bitcoin which could possibly create a Cup & Handle.
We will see. :-)
Peace and good trades
Wanna see more? Don`t forget to follow me.
Any questions? Need education or more signals? PM me. :-)
Potential Cup and handle forming could indicate a trend reversal for BTCUSD.
Textbook example imo of an ascending triangle, and to boot within the triangle you can see a potential cup and handle to be formed precisely in accordance with a retest zone for volume. STOCH shows a coil toward the bottom where our handle could be formed. Enter on the formation of handle, or on breakout of 7100 level with volume for more risk aversion.
I expect ...
Well, I actually share this chart mostly to keep a track on personal thoughts but I'd appreciate some feedbacks :)
ETH looks oversold. RSI, MACD, StochRSI show potential for a nice way up. Volume is increasing even though it would be better if we could see more.
In the mean time the bear trend is quite strong and some bulls are waiting for 200 EUR or less.