Cupandhande
ZIL Cup&Handle - Good Profit!!!Hello Alcoiners&CryptoTraders!!
Now we can watch a beautiful cup and handle that ZIL is doing.
Excellent trades for you!!
I'll be gratefull with your opinion of this idea!
Thanks for reading!
LTCUSD : BEARS EXITHi guys,
Just a publication to share with you few pieces of analysis on LTCUSD.
Today we have broken the symmetrical triangle. The cup and handle pattern is confirmed and we should test the descending triangle support soon : $145.
Aroon is here to confirm a great bullish move coming on the day-chart as the red line perfectly crossed the green line around 50-55. The past clearly show that we have a huge move either bullish or bearish when the cross is like that.
After we break the $145 support, the next stop will be around $160 where we would encounter the middle Fibonacci red line support.
Have a great week ahead !
Cup and handle, formed another cup - pending handleCup and handle formed on $BCPT which broke out above the 38.2% retrace line.
Looking to form another cup and potential handle on good 24hr volumes.
Overall target is to retest the all time highs @ 14,900.
EDIT: Careful, negative divergence and low volumes on the final cup formation.
EUR / NZD Interesting price levels This pair looks very interesting right now from technical point of view. Price is trading now at strong resistance on weekly chart.
My personal view is neutral because if resistance is broken we may see continuing bullmarket. But in short term it can be interesting to short this as daytrade, possibly as swingtrade if price moves down significantly.
Have in mind
1) Breakout
2) False breakout
3) bigger moves in price action.
