Both on weekly and monthly chart we can see the candlestick formation on the move. The resistance area for me is between 1767 and 1797. Any point between those levels is an appropriate Sell entry in my opinion. After a considerable drop on gold and complete restructuring on the financial and wealth system following the Cup and Handle pattern we can expect a...
Waiting on retest, if it bounces back we could be seeing a cup and handle chart pattern
Shares of FuelCell Energy FCEL are breaking out of a cup and handle pattern that has been forming for weeks.
I was just looking at the 1 Hour chart pattern and this formation stuck out at me. What do you guys think? Are we forming a Cup & Handle Pattern here? Does this mean we are getting ready to break out here? What do you guys think? Please leave your thoughts below and don't forget to comment, like and follow my channel. Appreciate your feed back! - NCCM
Cup and handle formation.. cryptocurrencies tend to be pretty uneasy with these patterns. Included a small Fibonacci retracement