Inverted Cup and Handle

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trayder1 trayder1 EOSBTC, 240, Short ,
EOSBTC: EOSBTC Short, but grab quickly before it MOONS from there.
322 0 4
EOSBTC, 240 Short
EOSBTC Short, but grab quickly before it MOONS from there.

EOS has formed inverted cup and handle and if it breaks Support 1, it may go down till Support 2 (Technically it should go till Red Line, but being fundamentally strong, I doubt it will), which is previous resistance. Also MACD is trending down. But zooming out on chart, is a huge HUGE Cup and Handle meaning it won't be too long before it bounces hard. Do your ...

Astral_Trader Astral_Trader OMGBTC, 45, Long ,
OMGBTC: OMGBTC Inverse Cup & Handle Formation
420 4 3
OMGBTC, 45 Long
OMGBTC Inverse Cup & Handle Formation

OMG is still following the newly established upward trend. However a slight market correction has been reached and has now formed an Inverted Cup & Handle Formation. After this short correction I believe we will continue to see a bullish run with OMG. Watch for breakout once the main line of Resistance is broken. As stated before always use a trailing stop-loss to ...

beaN_ beaN_ PRO ETHUSD, 60, Short ,
ETHUSD: Inverted Cup and Handle ETHUSD
508 1 11
ETHUSD, 60 Short
Inverted Cup and Handle ETHUSD

There is an inverted cap and handle developing on ETHUSD.

Born2Bee Born2Bee XAUUSD, 60, Short ,
XAUUSD: Inverted Cup with Handle
300 1 4
XAUUSD, 60 Short
Inverted Cup with Handle

Sell when break down neckline.

TraderMentality TraderMentality PRO AFL, 240, Short ,
AFL: $AFL inverted cup and handle?
121 0 1
AFL, 240 Short
$AFL inverted cup and handle?

Looks like an inverted cup and handle on the 240 at the top of a rising wedge (red) from daily.

BTCana BTCana BTCUSD, D,
BTCUSD: BTC inverted cup and handle formation ? Published to discuss.
341 0 5
BTCUSD, D
BTC inverted cup and handle formation ? Published to discuss.

DO NOT TRADE THIS CHART. It seems like the handle has formed but still trending upwards. I was wanting to get a word of advice from more experienced traders that have seen this formation or trades BTC. Is the formation still valid lets say it broke support and we are likely to see a 16 % decline ? Do share your ideas please , it will greatly enhance my knowledge.

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