SOL has been continuing its rally since February 7, 2024. At the moment, I think it has completed the 1st wave of the Elliot Wave impulse wave and started the 3rd wave. As of today, I opened my long position and I think it will rally to a minimum of $ 3. If it falls below $1.90, I will close my long position. I plan to close part of my long position around $3....
The ATLAS/USD weekly chart exhibits a pattern resembling a cup and handle. If confirmed, technical analysis suggests a possible price target in the range of $0.05-$0.10. This potential price increase coincides with the growing interest in gaming-related crypto projects within the cryptocurrency space. Some analysts believe that after the surge in meme coins, the...
MZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and...
BOJ releasing the the interest rates decision on March 19. The CHF Futures (6S) prices are in a trading range, and by other side the JPY Futures (6J) making a gap Thu to Fri. This chart show a huge probability of a short position for the pair, after confirmation of a breakout.
In the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1). We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2...
After the recent correction,the previous idea about this cup and handle (which I will link below) which described this pattern as purely speculative because we had not yet started to form a legitimate handle,is now no longer speculative as we have retraced enough and for enough daily candles to consider the current price action a handle even if it breaks above...
Handle? With the ETH upgrades scheduled for this spring It should give arbitrum som bullish momentum That light shining on the network may bring extra eyes to $AIDOGE The chart looks constructive , if this thesis plays out.
Hi. BINANCE:JOEUSDT 😊Today, I want to analyze JOE for you in a WEEKLY time frame so that we can have a Mid-term view of JOE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). The JOEUSDT is in a Bullish phase by Ascending Triangle & Cup & Handle. - You can look for reasons to enter...
Do you see this massive Cup and Handle formation? SOL will probably flip ETH if this gets triggered! I feel that HTX accident mangled Solana's chart, and in the absence of it, the blue line would probably held as support, which would still be incredibly bullish.
Riddle me that? It could happen in many scenarios of course. It also could take multiple cycles Or ETH just trends sideways from here ? Whilst Sol keeps running to four figures as highlighted yesterday those numbers are attainable this cycle. Or this measured does not even come to close to happening. We shall see... We are just riding these speculative ways.
We are approaching a significant breakout level on #RAY which even though it has run quite hard off the bottom It looks pretty good for continuation Good Luck all
(1h timeframe) DETAILS: after a strong uptrend the price made all time high , at the daily time frame we can see at the top (at the all time high) evening star (bearish reversal candlestick pattern) . The price entered in a strong support and resistance lines (the two yellow ones) , I noticed that the price made inverse cup and handle pattern and broke with big...
I drew this in early Feb, and have since adjusted it with the pullback from 73k, taking into account the cup & handle pattern forming on the weekly. Expect some sideways, downwards uncertainty whilst GBTC outflows continue on the ETF front. As halving approaches closer, the fomo will reignite and blast upwards with the realization that there is not enough btc...
even with this current correction LOOK at those two most recent Weekly candles Nice tails from beneath ... i.e it is being bought up Also very minuscule circulating supply If Gaming goes nuts this can be a four figure coin again.
Jumia Looks good at CMP after long consolidation it making higher higher looks promising
I'm already positioned on RNDR from the bottom of the cup and the handle. From now on, I'll accumulate every strong drop. I'm waiting for the price to drop so I can buy more. I'm expecting new ATHs for 2024/2025, be patient.
Bullish on BICO (Account Abstraction). BICO has formed a cup and handle as well as an inverted head and shoulders, which is very powerful for an uptrend. Moreover, the Ichimoku cloud has been penetrated, and the weekly candle will be the first since the beginning to close above it.
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...