CUP
Cup & handle (BTCUSD (Coinbase))We can see that the development of the BTCUSD price has continued along (the ever so amateur looking) cup and handle pattern.
If we are right and we have a bullish breakout, then we could head past the $12,000 mark.
My recent trend channel points towards the possibility of $13,000, but we will see.
Apologies for the amateurish cup & handle, I simply do not know how to create a neater one at the moment being a relative newbie to Tradingview. Thanks in advance for your understanding.
Big and Long Trend Line and Formation about XrpUsd RippleHi everyone;
This is my big idea about Ripple. Keep calm and buy Ripple.
The big blue line is the very strong support line while start of ripple. and you can see the big Elliot wave and Fibonacci lines. Ripple is the very strong and technical cryptocurrency. i trust it.
Don't u ?
;)
Cup and handle tries to break through channel wall but failsJust a temporary short for the next couple 4 hour candles...only because the last 4 hour candle finished as a bearish engulfing candle...As you can see that channel trendline is a line of extreme resistance...the cp and handle has yet to hit its target price because of it...it will likely retest the channel trendline a couple more tiems and then eventually bounce through but we could dip down into the 10350 region potentially before we see it rally enough momentum to do so...keep a close eye on the epth chart determine the best places to sell and rebuy/ I'm long in the long term but in the very short term..short.
BTC may be trying to form a cup and handle on the 4 hourThanks to the sudden burst from the bulls a cup and handle pattern is currently in play...which is just the type of thing we would need to be able to break above the descending grend channel top trendline which is necessary to break the neckline of the inverted head and shoulder pattern....We shall know if we have a cup and handle pattern on our hands within the next 8 hours.
LINK forming textbook example of cup and handle pattern$LINK is forming a textbook example of a cup and handle pattern. Volume increased near the bottom, handle didn't retrace more than 50%, and we're getting a spike in volume near the breakout point of the handle. I expect some long term gains
Link itself is a awesome project with a great vision.
Strategy:
Buy below 0.0007
Sell at:
0.00098 (We're going to blast trough this one, so only sell at this point if you're a very active trader)
Rebuy at:
0.00075
Sell at
update will follow
*BITCOIN* - HUGE CUP AND HANDLE (TARGET 14,500) Hey Traders,
We seen a decent size rally up from the bottom so far and now is the time for a correction, looking at the 4 hour RSI we have been over bought for a couple of days and now we are seeing a down. Ever time Bitcoin has pierced the 70 on the RSI we seen a massive down move to follow. This brought me to the cup and handle pattern which I drew out here. Target buy is around 9,300 and sell at 14,500. I picked 9,200 as the end of the down because the 100 would approximately be the bounce. 14,500 is the target on the fib but it may bust through it .
*do you own DD if you find this useful*
Thanks!
NEO/BITCOIN - MASSIVE CUP&HANDLE -1/28/18NEO looks to completing a Cup & Handle Formation! Looks Bullish!
- Massive Cup & Handle looks to have formed, right now, Handle is forming. If Handle continues as should, expect a breakout of upwards price movement, possibly to ATHs.
- Mini Ascending Triangle has formed on the Handle of the Cup, a very bullish sign and indicator of further breakout upwards to come.
- Bollinger Bands determine breakout and trends. Bollinger Bands were previously narrow as trend continued to consolidate, BUT as Bollinger Bands begin to widen (as they are currently doing), this signals a breakout is imminent, most likely bullish based on the likely possibility we are in the formation of the HANDLE.
OMISEGO/BTC Forecast [Possible Cup&Handle Formations]- 1/27/18Forecast for Omisego
- RSI @ 49 currently, neutral as it is neither overbought or oversold, if RSI continues downward towards 30, OMG becomes more oversold and more bullish.
- MACD's last cross was January 17th, expect it to cross again in the very near future (maybe a week or two). Expect price breakout to be bullish.
- Bolling Bands are clearly narrowing, indicating a temporary trend has formed and may continue sideways. Once Bollinger Bands begin to widen again, we can expect a breakout, most likely a bullish one.
Charted two Cup&Handle formations, would love to hear everyone else's thoughts on them!!
Green Cup (longer, bigger cup trend) shows a possible cup formation in progress. If current trends can pick up and hit the 0.786 Fib Retracement level, we can expect a quick and temporary dip (known as the Handle) before further explosive breakout.
The 2nd Cup formation (the blue Cup), is also another possible Cup&Handle formation, this time, the Cup has already formed and we are just waiting on the Handle to complete its formation. If Handle completes, expect bullish momentum, possibly bringing us up to the 0.786 Fib Retracement level and maybe even finishing the 1st larger, green Cup?!!???
- We can also see that the 2nd,
smaller, blue Cup has a Handle the
seems to be forming a Falling
Wedge, which also indicates
upwards price movements once a
breakout occurs.
Also have a Symmetrical Triangle (black dotted lines, passing through the 2nd, smaller, blue Handle). This can also give us an indication of possible future trends from which ever way the breakout starts.
Support level has been drawn out, might seem sort of high, in any case, it is probably a good idea to have more than one support level drawn out.
Cheers!!
ETH/BTC Cup and handle formationHere we have ETH/BTC on the daily candle chart. What I attempted to indicate here is the formation of the cup and handle formation. I believe the strong psychological resistance at .1 will cause the price to pull back, forming the "handle" and this could indicate a bullish continuation.
EOS Cup&Handle - 1/19/18EOS
RSI @ 75.4, indicating oversold territory.
MACD remain narrow, indicating a breakout.
Bollinger Bands have widened, but look to be narrowing as a breakout becomes more likely during the formation of the handle.
Cup and Handle formation assumes Bullish movements ahead, we will likely see a retrace during the formation of the handle, only to follow a bullish breakout into all time high territories.
Your thoughts??
BCD/BTC Dream or possible cup forming ..? +350% IF....It's just an idea of possible cup and handle BINANCE:BCDBTC . Price can continue to go down or can stay at this price range.. Again one more time it's just an IDEA not a sure analysis..
But i think we are at the end of BCD correction (but Global crypto correction is not finish) and the big sell wall have been completed so why not.. if we have a good volume in the next day it can be possible but anyway don't sell your Bitcoin diamond and hold it.