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...
$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...
Forecast for Omisego - RSI @ 49 currently, neutral as it is neither overbought or oversold, if RSI continues downward towards 30, OMG becomes more oversold and more bullish. - MACD's last cross was January 17th, expect it to cross again in the very near future (maybe a week or two). Expect price breakout to be bullish. - Bolling Bands are clearly narrowing,...
New to all this, but looks like a cup and handle to me. Just placed a position.
Here we have ETH/BTC on the daily candle chart. What I attempted to indicate here is the formation of the cup and handle formation. I believe the strong psychological resistance at .1 will cause the price to pull back, forming the "handle" and this could indicate a bullish continuation.
We detected Cup and Handle pattern, volume is also rising, demand is higher than supply. Safe buy price is around 0.000575 Next targets will be 0.000598 0.000635 Stop loss: below 0.000550
EOS RSI @ 75.4, indicating oversold territory. MACD remain narrow, indicating a breakout. Bollinger Bands have widened, but look to be narrowing as a breakout becomes more likely during the formation of the handle. Cup and Handle formation assumes Bullish movements ahead, we will likely see a retrace during the formation of the handle, only to follow a bullish...
Looks like VIBE is forming a VERY clean cup and handle. Should see confirmation by tonight.
It's just an idea of possible cup and handle BINANCE:BCDBTC . Price can continue to go down or can stay at this price range.. Again one more time it's just an IDEA not a sure analysis.. But i think we are at the end of BCD correction (but Global crypto correction is not finish) and the big sell wall have been completed so why not.. if we have a good volume in...
Hello traders!! Here we have a nice and cup & handle that been forming for the past couple of months! **This trade is similar to EOS!! Check my recent EOS post :) As always this is my trade opinion. Do your own research and never risk more then you can afford to loose! Feel free to ask me questions and or comment your thoughts and ideas. You wait, you WIN!
Clear cup and handle pattern to me. Mix this with their recent rebranding (as of this week) and I think we have a recipe for success! One of the best privacy coins IMO. Cheers
Hello traders! Here we have , looking at it from a has been forming a 4H chart you can see a large CUP AND HANDLE over the past couple months. As outlined on the chart your buy point should be %5 above ideal point. If trade doesnt go as planned, there's 2 possible targets as shown on graph. As always this is my trade opinion. Do your own research and never...
Lots of people interested in this coin, lots of hype from those that bought and lots of FUD from those that missed out. Loads of people stuck at the top wanting to sell, recent large volume buy in - possible could be cup and handle forming?
Obviously the handle formation is a bit exaggerated by the recent BTC run, but we have the makings of a cup and handle formation. RSI and Macd provide possible confirmation of possible reversal. Pending orders will want to be placed at a break of the neckline indicated in red. First target noted by green line. Market is very fickle right now, so take profits...
Quick analyse about OmiseGo (OMG), we are currently forming a cup and handle, which is a very bullish pattern. Indicators like RSI are also bullish. Regarding the project behind OMG, they are seeking to unbank the banked. It's a decentralized bank using a Proof of Stake algorithms (PoS) and they have Vitaik Buterin (founder of ETH) as an advisor. Currently...
It appears that TRX is in the process of forming the "handle" after a "cup" that's been formed from over a decently long period of time. Given the apparent consistency with the normal characteristics of this charting pattern, I would recommend those who are looking to place long positions on TRX to wait until we hit the bottom of the handle formation, which I...
This may be the BEST Cup & Handle you will experience in 2018. The consolidation for DGB has gone on for months and we are entering a NEW "super cycle" I believe we are at the breakout stage and this could go parabolic any moment. 2 billion market cap in Jan 2018 if this is anything like the June 2017 run to 2500 plus SATS