A Cup and Handle Chart Pattern
It occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. It creates a U-shape, or the "cup" in our "cup and handle." The price then moves sideways or drifts downward within a channel—that forms the handle.
A cup and handle chart may signal...
Pattern: Rounding bottom
Current price: $1.5
Entry: If price closes > $2 (Breakout above neckline
or enter on retest of neckline as new support)
Measured Move: $2-$3 (up to 50%)
Stop Loss: If price falls back inside rounded bottom
looked liked she wanted to run at that first white circle but bad timing and broke support to hit a dip box i honestly thought we wouldnt see but for a situation like this. lets see but i will be shocked if this doesnt start to build towards 5usd n ATH. n fyi the last time she went this low on indicators like rsi was at .50 to .70 cents before she did her crazy...
Honestly this 3.50 dip is great. we will keep an eye on it and see if she starts an up trend to 4 or goes sideways. i dont see her stay'n under 4 long but there is a small chance we see a bit of a drop again if market as a whole drops. again not sure i believe that but last few days have felt like we r on the edge of a possible correction in the markets....
SWAP has been super strong in this rally. It was due for a large correction. It has sold off 50%, which indicates a slower rise back, and potential danger in this coin of correcting another 15% or more, but we have high closes in several candles in a row here indicating a confirmed trend break instead of a sell from resistance. However, I do expect a correction...
well this one has been on a hell of a ride lately and finally cooled off enough for those that havent taken a position yet can start to if you want. I do love this concept of P2P (pear to pear) trading in crypto. There is also an early project incubator deal that gives the option to large to medium trust swap holdings that r staked on their platform to get in...
Dear Tradingview community,
I'm seeing a nice opportunity here, allow me to explain:
SWAP is experiencing a correction of around 35% from its ATH after a fast parabolic rise of around 300%. The parabolic increase by itself was to be expected and is justified because the fundamentals for this cryptocurrency are extremely with new features being released almost...
Looking Bullish on the 3Hr
Watch for this one to really gain some ground
more benefits to this token than many of the competition
DDIM POLS a lottery but SWAP you get an allocation if you stake a specific amout of swap
this one will be hUge
SEE also SRM_Serum as well SOL_Solana or Salano or some shit
_F0R layer two eth staking see LDO _LIDO and 0r real layer 2 situation ZK Swap _ZKS staking rewards r crazy with cheep gas costs... Also a gas saving contract as well. DONT SLEEP ON ZKS CHEEP cuz of air drop another n yield pools will effect this like uniswap drop so maybe...
Good day everyone,
As you may see, a few bullish indicators for Trustswap:
1. Conversion line (blue) continues to be above the red base line;
2. Price above the green cloud;
3. 50 ema tested recently;
4. macd & rsi have room to go up.
We could see the price eventually get around 13 in the upcoming period.
However, prices of altcoins can get high impact from...
Fundamentals of this coin appear solid and unique.
Technicals, will depend on martkets in general.
1. Uptrend established, trades within pitchfork
3. Price above green cloud
No one knows the future, except He.
- After last nights big dip across the market, SWAP is shaping up to confirm support on this ascending wedge that has been building for weeks.
- This is a great project with strong fundamentals and plenty of room to grow so my hopes for this scenario are high!
- Using Fib levels as goalposts to take profits.
- Watching a resistance build up on the volume, this...