Cup is formed and we are going to make the handle. watch the price action in 30k to 34k range and buy from there if price action is bullish.
Do you guys share the same idea? tell me in the comments
this chart breakout 2017 high with cup and handle pattern so this give beautiful result.
6500 is my target as per this breakout
no recommendation for any buying or selling
take own analysis
In my opinion, with the formation of the cup pattern in 1h timeframe and the wedge pattern in the downtrend, we must accept that the time has come for the price to fall.
It's forming a handle to its cup base and a breakout of this could prove to be massive.
One to keep on your watch list for sure!
As of March 7th, 2022:
* Sector: Technology - Software - Infrastructure
* Relative Strength vs. Sector: 2.0
* Relative Strength vs. SP500: 3.18
* U/D Ratio: 1.74
* Base Depth: 105.1%
* Volume 156.7% above its 15 day avg.
Trade...
SHIB is forming a nice left-hand portion of a cup formation. Volume is drying up, great support today while cryptos were lower.
150%+ profits if cup formation continues with a strong possibility of a pop when / if a breakout follows if right side of cup forms.
NASDAQ:CDEV
This is not financial advice. Just a swing at charting and ideas.
On 4/28, we see the right of the cup. The handle leveled off over the next seven days. Following CDEV's after-market earnings report, on 5/5 the volume spiked and there was a $0.61 gain from previous close price to a high of $4.86.
Price target is $5.50.
If the bullish trend...
If you look to the chart of 1W and 1M you will see a massive desirous CUP.
I've been waiting for long times to see ONT's breakout.
It seems like it has broke the resistance level and keep moving on the upside of bollinger bands.
If market keeps going like that, ONT may go higher and higher. It may finish the CUP formation before we wait.
But as I said you...
