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CUP

KAVA.BTC (Y20.P3.E4).Cup and HandleHi All, *** This is a component of the previous KAVA.BTC post > Link below *** Hence supporting my thesis that this coin is in its early phases of doing a Parabolic run. The chart tells its all. Note, it did well with the btc dominance bounce and likely to keep doing so. How to trade this? 2 options to consider: a) You can wait for the 6 hrly candle to close before jumping in b) Look for the retest of the support line Its possible both will be covered in the 6 or 8 hrly window. Please give me a tick or like for this post. Enjoy! Regards, S.Sari PREVIOUS POST
Long
by ssari
2
RSRBTC1H. My Cup did not quite 'runneth' over..Price broke trend line 'A' decisively and made gains. I sold too early at 13040. Had I been paying greater attention I would not of missed the formation of a lovely cup and could of raised my price expectations accordingly. Still, about 5% for me and the prospect of jumping back in - if we're lucky we just might form a handle for the cup yet... Trend line 'B' the dashed line gave me my original exit target being a parallel projection of its counterpart dashed line ( put it originally in the wrong place!). Now possibly this may be the formation of a new channel.
RLong
by iDoji