Welcome Hyperspace Agents, This is the second part of US OIL. Part V2. In order to understand this chart. You must do the following: - View the ENTIRE Time-Series Analysis. - View Pt. 1 of the US OIL idea. -Try and Grasp the understanding of Harmonics and Inverted C&H formations. -Be open minded. Please see the snapshots in order. They represent a snapshot...
Inverted cup and handle pattern in progress. A retest of $421 is expected. Lower support levels are 412, 408 and 403
Scenario 1: Form an Inverted Cup and Handle/ H&S Pattern at 410 then go down and retest 380-383. A break above 415 invalidates this pattern. Scenario 2: Go up to 0.618 fib/ S2 at 421 to finish wave (E) of this corrective wave, then go down and retest 380-383. A break above 440 means termination of the downtrend and hence this scenario. Looks pretty bearish for a...
BTC has a possible reverse cup and handle formed on the 1W chart
Hi and welcome to this Analysis on ETH on the 1 H chart. Following its massive rally all the way from 1700$ to 3300$, ETH has entered a range-bound period at 3000-3350 $ area. With 3350 $ being a tough resistance, ETH has failed to break it and has formed several peaks under that value. Thus, forming sth like an inverted cup-handle on this 1 H chart that can be a...
I've updated targets now that we've broken out of the handle. We shall see, but I am planning on $1300's in our near future.
Inverted cup and handle on bitcoin. It will test the resistance to breakout.
Yesterday , I posted that there was an inverted cup and handle pattern forming in 1H timeframe of BTC, but since we are in an uptrend since last week, the probability of inverted cup and handle pattern forming completely and breaking it's neckline, is quite low. Within the inverted cup, there was a falling wedge pattern and BTC broke out of that wedge ...
On June 14, we witnessed bitcoin breaking out of it's flag and reaching its 40,000 resistance. As we can see that bitcoin has been rejected by the 40,000 resistance multiple times and eventually started moving down. What it looks like to me is that there is an inverted cup and handle pattern forming in 1H timeframe. If this pattern is completed then...
Quick glance: It has been a crazy past 24 hours for BTC. At one prices crashed more than 10% across the spectrum. Then it rebounded again. Then came the historical decision by El Salvador to accept Bitcoin as a legal tender. Our previous analysis on BTCUSD covered the dip yesterday. Market in the last 24hrs BTCUSD witnessed a major dip and then a quick rally....
This idea for BTC progression is based on: - first dip / correction with an inverted shoulder formation - and immediately forming an inverted Cup - with another recursive inverted cup on the way There by suggesting a general downtrend progression, until reaching a support below its immediately previous correction. And then proceeds to bounce back with an...
This idea for ETH progression is based on: - first dip / correction with an inverted shoulder formation - and immediately forming an inverted Cup. There by suggesting a general downtrend progression, until reaching a support below its immediately previous correction. And then proceeds to bounce back with an expanding wedge. PS: I'm a beginner, all suggestions...
its forming inverted cup and handle pattern.. after breakout of 53.60 resistance line .. it will move towards 48.60 and fill the gap on the downside. the it will move toward recent high... i may be right or may be wrong .. take your own risk and analysis
inverted cup and handle for BTC. Last Sunday it dropped badly and we know how aggressive the market can be during the weekend. Wait for BTC to drop to 32K. Set your stop losses and enjoy the view.
FORMING Inverted cup and handle . Seems Super Bearish. Will start accumulating at DIP for long term.
Post market analysis Broke yesterday's symmetric triangle and through decending channel breakout, inverted cup & handle is formed
I want to be bullish, but inverted cup and handle foreshadowing a bad omen. I think a lot of bulls are missing it. Inverse of the cup and handle formation created on the last big pump to $300. Should know in 4-6 days time. Target $75-$40