Long

Updated

Target cup and handle pattern

Many analysts on this page have mentioned the cup and handle pattern/my previous analysis was based on the channel, the price has now reached the midline and if it crosses the 0.044 resistance It has the potential to grow up to the ceiling of the channel/But the pattern of the cup and handle is very valid and its price target is the same as the depth of the cup, that is, the range of 1 dollar / an attractive long-term target

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The ao indicator is crossing the zero line in weekly / a very reliable signal for a long-term upward trend (this signal should remain until the end of the week)

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The price has not yet managed to break the midline of the channel in the range of 0.045 (based on the channel analysis) / the failure of 0.045 is the gate of movement towards the sky

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Trade active

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Relative price chart of Jasmy to Ripple in 4 hours time
This gap will be filled over time

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m30

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The movement continues and these corrections are part of the long-term targets/however, capital management must be followed by every trader
Now, with the above short-term analysis(m30), new smart money can enter the cycle

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PULLBACK TO MIDLINE ?????

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h4
Elliot's analysis

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mehrdad1476

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