Giant Cup , Missing Handle
A Cup and handle pattern is identified on the Day chart with the right handle forming in process (see double yellow line)
Short term selling opportunities, go to lower time frame to see better price entry
Short term selling opportunities, go to lower time frame to see better price entry
Note
nice handle formed, red candles emerged.Note
congrats to those who followNote
once completed the right handle, you can see it reverse and went slightly above the brim of the cup (support) and now retrace to the 140 price level. If it can rises above that, then it is bullish, else it would falls back.One of the few coins that is rising albeit the major coins like BTCUSD, LTCUSD, etc are falling
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.