CUP
CRV/USDT Exponential Growth With Room For MoreCRV is booming at the moment. Over the last 10 days CRV has seen over 130% increase in value, without any indication of stopping soon. We might see the price hitting $1 over the next week.
When we zoom out we can clearly see that the price is following a Cup pattern, with the lows being hit late October.
Volume has seen a big increase as well since then. People are clearly eye-balling CRV.
The token is relatively new on Binance, so its definitely not dead yet. Keep this one on your watchlist!
Cup ND Handle formation ! XRP ! Short Update :
Xrp is forming cup nd handle formation on daily and it will be interesting to see how the montlhly candle closes !
Huge move is on the way very soon
As usual do not buy any crypto with my advise , always do your own research before buying ,losing money is subject to user's greed and his mindset !
AXISBANK ( DAILY) - Cup and Handle BreakoutAXISBANK ( DAILY) (STOCH > 25 and 75 )
Formation of cup as on 4th Sept 2020 till 9th Oct 2020
Possible formation of handle till 9 day EMA
Buy above high of 473.5 ie high of 4th Sept 2020
Trend line breakout also present drawn from 1st of Sept till 9th Oct 2020
Target height of trend line 503.4
OR
Target height of cup for Rs.65 move
OR
Target 2*ATR for Rs.33 move
9 day EMA > 21 day EMA > 50 day MA
RSI > 60
Volume > AVG
$VEEV (DAILY) - Cup Breakout$VEEV (DAILY)
Awaiting Cup breakout as on 1st Sept 2020 till 8th Oct 2020
Possibility of formation of handle till 9 day EMA @ 282.29
Buy above high of 298.76 being height of cup supported by pivot on 2nd Sept 2020
Target Height of cup for $43 move
OR
Target 2*ATR for $19 dollar move
RSI > 60
9 day EMA > 21 day EMA > 50 day MA
$ETSY (DAILY) - Cup Breakout$ETSY (DAILY)
Cup Breakout as on 10th Aug 2020 till 7th Oct 2020
100 day horizontal channel high broken out on 8th Oct 2020 , however red candle , await next candle for confirmation
RSI > 65
9 day EMA > 21 day EMA > 50 day MA
Volume is average
Buy above high of 144
Target Height of cup for $39 dollar move
OR
Target 2*ATR @ $13 move
$FSLY ( DAILY) - Cup Breakout$FSLY ( DAILY)
Cup breakout as seen on 5th Aug 2020 till 7th Oct 2020
Awaiting 100 day horizontal channel breakout
Possibility of double top which occurred on 7th Oct 2020
RSI > 70
9 day EMA > 21 day EMA > 50 day MA
Volume > Avg Volume however red candle
Buy above high of 100 day horizontal channel (121.35)
Target height of cup for $46 dollar move
cup of handle for gram GOLD to USDTRYThe cup and handle is a bullish continuation pattern where an upward trend has paused, but will continue when the pattern is confirmed. The "cup" portion of the pattern should be a "U" shape that resembles the rounding of a bowl rather than a "V" shape with equal highs on both sides of the cup. it means that possible increases should wait.