As I've shown on the chart, two bearish pattern are happened: 1) Head and Shoulders 2) Inverse Cup and Handle H4, Daily and Weekly charts all are suggesting bearish movement.
ETHUSDT is creating an inverse head and shoulder on 4h Timeframe. If the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
Inverse Cup and Handle forming on the $FB daily chart going into earnings next Wednesday. ETF buying with the $NFLX AH 10% jump, hopefully will fill the gab back to $260 and we can add to longs before it continues. PoC of $275.86, this will most likely be my target rolling out my weeklies this week into earnings next week.
Inverse Cup and Handle. Short the retest.
Hi every one Bitcoin / U.S. Dollar the BTC/USD chart has formed a cup and handle pattern which is we can understand that the price is trying to decrease so we must be careful but there is also a matter of the support line which is in the picture if it doesn't break we can not be sure that the price would obey the pattern so in the next few days we shall figure...
Hi every one Euro / U.S. Dollar EUR/USD is forming a cup and handle pattern which suggests that the price will decrease, however the support of the cup might not break so only if the handle's support is broken the price will decrease accordingly. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can...
this is just an update of the previous idea with the rimline of the cup being slanted this time instead of horizontal. Not sure which one would be more valid in this occasion so I'm posting both as both are worth paying attention to. I could see us retesting the 1 day 50ma and if it maintains resistance or we get rejected from it we could see a big rejection that...
We seemed to be quietly forming a potential inverse cup and handle on the 1 day chart here. If this pattern were to validate it has a breakdown target around 7.3k very very close to the macro fibonacci golden pocket. I've also said that in bull markets bitcoin historically has shown it tends to retrace no more than 32-41% during bull market corrections and a fall...
Ok guys as you can see and know that I talked about a correction a lot ! you can guess what I want to say!. Every wave has a lot of waves inside! Lets check it. We have rsi convergence(bullish sign) which is really strong ! and we know that we were in descending for a while and it will do a pullback(Thats not hard to know) so with this one we will hit 9500 area...
I see inverse cup and handle pattern and litte timeframe there also have pattern broadening wedge
Hey Crypto fam, I was just trying to look at XRPUSD on a 1HR chart, and came across an interesting possible inverse cup and handle that maybe forming. First, I was like nah its not possible, but then I was like why not just put it out and get some thoughts on it from people who are looking at XRP. With BTC looking a little bearish currently, I feel there is a...
This is starting to look really ugly for bitcoin now as we are testing the neckline of what appears to be an upward slanted adam and eve double top. If we are to trigger the breakdown here we have a target of 4600-4700 which would be a horrible sign for btc as it would suggest a lower low from are most recent bottom is in store for price action. However we must...
An inverse cup and handle is present on the chart which caused an evident drop after the handle formed (in purple), ZM has recently seen some nice returns, this is expected to continue with the purple dotted line as a support.
Hello Friends, Sorry been a long time since my last chart...been busy working for a living :P Anyways, was going to buy some TRX but then noticed this. As you can see on the chart the pattern appears to be bearish and if you look at the weekly RSI and MACD it doesn't look good. If your going to invest in this one be careful and set up your stop loss. I...
Example of an inverse cup and handle I have taken for a quick scalp.
Inverse cup and handle forming on daily chart, and we can see Williams Alligator short signal
I Might be crazy. There is no reason that the MXN should strengthen against the USD. Oil is cheap and the Mexican Bolsa is very low. But it shure looks like it could be. What you guys think?