CUP
Good Incline and then Gradual declineHey guys, I'm pretty new here, so please take what I say with a grain of salt.
I propose that Bitcoin is making a very large cup and handle, with it's current rate of rising and looking at the past performance. We can see that BTC will go upwards 10k+ and then bounce off the resistance and slowly decline, possibly down to the middle portion of the cup.
Nano next in line to break above handle & flirt w/ cup neckline good entry point here on nano....it wille ventually break above this neckline.
bitshares cleared for takeoffLoaded up on bitshares 3 days ago and some more earlier today. Glad I did looks like it will hit its target sooner than later. Once it does I will start to ladder out profits and shift them to other alts that are on the verge of triggering...only leaving my foundational long term holding percentage of bitshares in after i've laddered out a few different levels.
Zen Cash's handle is another cup and handle. Double C&H?Every cup and handle that's materialized across the alt market the past week or so has had its own distinct nuances in its cup and handle....Zencash's handle actually appears to be another cup and handle. So it is esentially a double cup and handle. This should help it break above the rim line o it's bigger cup and handle with more authorrity than some of the other cup and handles who have poked their price actions head above their rim line and then bounced back under it. One thing I'm noticing in many of these current cup and handle patterns, is that the lowest point of their handle is approximately 1/2 the price point as their projected breakout target...meaning if you could buy in right at that point you'd have solid odds of doubling your investment on a lot of these cup and handles within a very short time. Of course this is simply a hypothetical observation and in no way shape or form meant to be taken as financial advice. You make your own choices there. So good luck and thanks for reading!
NEO triggers cup and handleNeo is looking rather bullish. Be cautious however because some people believe it may be also in an inverted cup and hande chart pattern as well which leads to a bearishdrop...if that were the case then the current regular cup and handle we are in and its breakout would be actually forming the upside down cup and handles handle. For now though it's gonna be moving bullishly up and a good one to be holding right now...but also wise to prepare for any sudden drastic 180 degree turns to the downside that could validate the inverted cup and handle.
Vechain c&h has triggered; QLINK & GAS heading towards rimline.Yet another installment in the neverending cup and handles of the altcoin market. The main chart is Vechain I will post gas and qlink snapshots in the update section.
Stella flirting w/the rimline of cup throwing bullwicks above itShouldn't be much longer before Stellar triggers it's cup and handle as well...likely a good entry point here..the upside is around 75% gains if it reaches the projected breakout target. I've noticed each alt's cup has it's own unique individual bowl shape and its own unique handle similar to the others but fun nuances between them...some have broading desending wedges for handles, some have symetrical triangles, others even have diamond bottoms...rather beautiful in the geometric way the each unfold. Good luck in whichever trading decisions you choose for yourself. *not financial advice*
ADA breaks the rim of its cup and handleSSIA the break up from the handle would've be the most ideal entry point but with ladder in more from here for my own personal strategy of course with this being non faniancial advice and everything. Good luck in whicher method you decide to choose. There will be several more cup and handles to break in the coming days all across the market...its kinda like an Easter egg hunt. Best of luck keeping your eyes on all of them closely enough to catch when different ones trigger.
Super 'Cup and Handle' is forming. Interstellar travel possibleHi everyone,
I want to share with you the option of a super pattern forming . It's called 'Cup and Handle'.
The link here will provide you with a reference image: i.imgur.com
To me it looks like we are forming a round bottom and the possibility of forming a cup and handle should be taken into consideration.
If this pattern works out we should rally to 11.8k, get rejected, go down to around 10k to grab dynamite and obliterate 11.8k for revenge.
Beyond that point interstellar travel will be possible.
Please take note that this is just a scenario. Do your own research. Never put your fate into 1 trader.
Greetings and goodluck,
Vincent
XVG 1HR CHARTKeep an eye on XVG for a small round up pattern.
I'm still bullish myself on Verge.
As shown we may see a retest of that price zone followed by a small rest
& then hopefully rallying up for some good gains still to come.
Happy Trading Ya'll
Storm/BTC cup and handle formingGood Day, browsing some charts and came across the STORM project and seems to be making a beautiful cup and handle formation
which could lead to a high % move up, Cheers!
Storm's Cup and Handle has Tremendous Upside.We can't be certain Storm'ccup and handle will trigger...but in the current context of the market probability is very high that it will and the upside is huge...the cup is so deep that even at its downward slanted angle Storm will; likely double in price. Of course this is just an assumption based on technical analysis and meant to be my own personal strategy not any sort of financial advice for I as alwayts am no financial advisor. Best of luck with whatever strategy you choose to implement for yourself.
Stellar's Cup & Handle is Nearing its NecklineAn agressive trader would enter here a conservatie one would wait for 1 hr hour close above the neckline. In context with every other cup and handle that have been triggering around the market the risk/reward ratio right now is very good to ladder in fractionally ahead of tim with smart stoplosses....always most wise to wait for the breakout and a 4hr close above though. Keep an eye out and you make your own decisions because this is not financial advice.
Digibyte is above the rim of its picture perfect cup & handledgb has formed a picture perfect cup and handle and has broken above the rim/neckline...if it closes the current 4hr candle above the neckline then I think it's ready for blast off. Also take a look at the volume boost on it on the last 4 hour candle...explosive.
Ethos(BQX) Cup and Handle - Major Pump EmminentI see a cup and handle forming on the 4HR. Also, bullish crossover on the MACD about to commence. If the overhead resistance is broken we could see a major price increase.
I am long Ethos(BQX) and see the potential for this to be a $30-$50 coin upon release of their Fiat integration the beginning of Q3. The UW will be coming out in the next few weeks which will likely raise the price in the short to medium term.
***This is my first post, so please do not take this as financial advice or a recommendation to buy or sell. I am new at this so any advice and criticism would be appreciated.
-DC
BCH had its turn at the front of the pack now its ethereums turnEthereum is the next big Crypto to break the neckline of their cup and handle pattern and it's off to the races...as you can see here the projected target of this breakout is significant and was worth me putting some of my BTC holdings into ETH during this ride. ETH is one of the premier coins/platforms in crypto and it should be a mainstay in the future...coinbase seems driven to allow the ETH eco system/virtual machine to thrive from recent announcements where they underscored their extended support for not just Ethereum but ERC20 tokens in general so with Coinbase so invested in Ethereum's success I think it will be a mainstay for many years to come and worth holding at least a 10% position in if not more.
DOGE - 10% Drop Before Next Bull RunDoge is in the process of forming a perfect cup and handle. This last little run has DOGE severly overbought on the 1d RSI and the 1D MACD is about to form a bearish cross. The handle target is around 54 or 55 sats. If we see a breakout above the neckline, the first target is 79 sats, followed by 91 sats. From here, if the bull run continues, the next two major resistance levels are 114 sats and 144 sats.
*My opinion - Not financial advice*
Just closed the 1day candle as a bullish engulfing candleA very good sign as the 1 day candle manages to close as a bullish engulfing candle, and also finds a way to close just above the most recent 4hr bullflag. This greatly increases our odds of a bullish breakout from this flag and as you can see by the vertical dotted green line the projected breakout target should give us enough momentum to hopefully escape the rising wedge the price action has been trapped in recently with a breakout upward instead of the typicall downward break most rising wedges tend to break. Many people questioned why I went with the normal flag which is using the candle bodies as trendlines in stead of using the wicks as trendlines and going by the symmetrical triangle pattern. I personally find more success with flags and wedges when the trendlines adhere to te bodies and not the wicks...but sometimes the wicks will be the prevailing trend...this flag/triangle had morphed back and forth so many times over it's 3 day consolidation that I decided to put both possible shapes overlapping eachother and the funny thing is it turned out they were both valid and both had the exact same breakout target. It goes to show you that both trendlines that stick to the wicks and trendlines that go by the bodies of the candles can be valid...an in this specific case they can simultaneously be valid. Anyways, after all the cup and handles forming and triggering around the alt coin market today as I pointed out in a previous idea, i think that is a great sign that we have much more bullish climbing to be done. We may have a retracement to reset rsi, stoch, andd mach d levels back to favorable positions for a climb for part of this 1 day candle but I have a feeling this upcoming 1 day candle should be quite bullish and anticipate we will finally go Super Sayian mode again (OVER NINE THOOOOOUSSSAND!) during this new 1 day candle. Of course these are just my personal assumptions and not emant to be taken as financial advice so you make your own decisions and I'll make mine. Best of luck and thanks for reading!