This is a classic pattern that shows up quite often at the bottom of a trend or before a reversal... The "cup pattern", the one marked in yellow.
When you look at this pattern on higher timeframes, it will show up as a fake breakdown, when prices move below support just to climb back up quickly.
This is a bullish pattern and the high volume and high RSI supports this notion.
Seeing this on the NKNBTC chart tells us that we are likely to experience higher prices soon.
Thanks a lot for reading.
Remember to hit LIKE for more.
Namaste.
When you look at this pattern on higher timeframes, it will show up as a fake breakdown, when prices move below support just to climb back up quickly.
This is a bullish pattern and the high volume and high RSI supports this notion.
Seeing this on the NKNBTC chart tells us that we are likely to experience higher prices soon.
Thanks a lot for reading.
Remember to hit LIKE for more.
Namaste.
Note
Enjoy the profits.It went beyond all targets.
Note
TARGET:1) 0.00000120 |Hit 8-Mar. (+20%)
2) 0.00000165 |Hit 9-Mar. (+65%)
3) 0.00000235 |Hit 9-Mar. (+135%)
4) 0.00000285 |Hit 12-Mar. (+185%)
5) 0.00000350 |Hit 12-Mar. (+250%)
6) 0.00000420 |Hit 12-Mar. (+320%)
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.