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ONEUSDT Cup and Handle TargetI am doing this chart as a request from a follower. I have mentioned this asset previously when the cup and handle was still forming. The recent high transactional activity is what caught my eye as to it being a likely candidate for smart money investors. Though ONE might still be flying under the radar a bit, I figure it won't take them too long to catch on. ONE has made quite the comeback as of recent which I am happy to see since I believe it is a great platform. The Cup and Handle produce a target of roughly 0.40. This was calculated by taking the depth of the cup and adding it to the top of the cup. There is also a nice bull pennant which has pushed the price higher. I am sure this will move greatly in the coming months due to its strong fundamentals, high transaction rate, the accessibility of it, and the patterning. Thanks again!
Long
by mysticalwalrus
8
ONEUSDT: The cup and handle pattern - potentially 60% growthHi there - on the 4h as well as on the daily charts we can clearly see the cup and handle pattern. We are currently staying above the support level and it does not look like we are going to go down. There is also a bull triangle on the handle almost shaped so as soon as we break the flag pattern and retest it, we potentially can go as far as the depth of the cup - until 0.4. As soon as we go below the newly created support level, there is a risk to go down to 0.18... So be careful with this trade. This is not financial advice. Always do your own math before getting in.
Long
by asphXshck
ADAUSD Slow Consolidation in Flagging PatternImportant things to note: BTC tested the waters of 50K. ADA stuck in consolidation due to the slow weekend. BTC could likely head to 57k next. Price target from both bull flags produce almost the same exact target. Tomorrow is a holiday in US but there will likely still be some more volume than a weekend. ADA could fall to support if BTC pulls back but I believe this will likely be short lived. Expect further consolidation and a grind upward. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. Hey everyone! I hope you had a great weekend! I know you probably weren't looking at chart because frankly, nothing has been going on. I have heard from people I trust that BTC investors were looking to pullback this weekend however all we saw was a small test of 50k. Unless I see something soon, I will assume a march to 57k is going to continue. ADA has been stuck in consolidation due to the low weekend volume, but interestingly the targets for both bull flags are relatively the same (apart by a couple cents). However, if BTC retreats for a small pullback you should expect the price of ADA to fall to support. I do not believe it can go to far it if wants to create bullish patterns for future targets. I have mentioned this a little in my updates. Basically, most alts are starting to form the handle on their cup and handle patterns, and ADA is still forming its cup. I believe the upward side of the cup will be formed at the same time as the handle on other alts. This is why I believe a strong pullback is less likely. Anyways, consider the targets of the bull flags to be valid unless the patterns break. Bull flags are very reliable and often hit their targets so I am not too worried. There has not been much going on so I didn't post for a day or two. A lot of you have mentioned that you are not getting my notifications. I can only suspect this is due to TV doing something. I do not want to assume it is nefarious, but I have seen a lot in the 2 months I have been posting publicly and it wouldn't surprise me it is was. However, I am not bothered and you know where to find me so if you do not hear from me, come check my page if you need to. That being said, I will continue to watch ADA and update you on the movements! Thanks again! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
22
$IIPR could make a run for $300The stock has been making a flag pattern after the market topped. If we take the runaway gap made at the beginning of July as the initial move before the flag, then is a 57 point move. According to the flag pattern measure rules, if a breakout above occurs, then the price of NYSE:IIPR should get to $300. Last week rebounded from its support at $222 with a nice hammer candlestick. But, until the breakout happens I won't make any trades. Always wait for confirmation. The company is ranked #1 in the Finance-Property REIT Group by IBD Investors and has a IBD relative strength rating of 89. This indicates that is a leading stock. For me it isn't a leading stock as is making lows with the SP:SPX , but if it holds the pattern is worth to keep an eye on.
NYSE:IIPRLong
by dpuleo19
ADAUSD Starts the Continuation of UptrendImportant things to note: BTC is cooling off. I do not see it going much lower. ADA started its flagging continuation. Price broke out of last flagging pattern. ADA created a smaller flag for continuation of uptrend Price target from smaller flag is 2.59. This coincides with our last target of 2.62. We now have a general idea of where the price is headed. I have noted the hidden divergence I saw. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. I am going to make this quick because the update is pretty self explanatory. Right now BTC is cooling, but I do not see it going past 53k before it starts moving up again. ADA has broken out of our last pattern with a classic 3 drives pattern and has now created a smaller flagging pattern. The target from the smaller patter is 2.59. This is measured by the size of the pole added to the top of the pole. This target coincides with our last target of 2.62. The target from the smaller flag is 2.59. If the pattern does not break, this is the general area the price is heading to. If the price breaks, it will head towards a support of 2.15 or 2.03 etc. However, since we have bullish momentum and bullish signals, and patterns, we should assume the pattern will complete. I have also noted the hidden divergence I mentioned on my last chart. Remember, try to relax during this time. The momentum of ADA will lag behind BTC, but once BTC hits its ATH and retraces, its time for altcoins to start really moving. For now, expect minimal gains, maybe a small pullback and a lot of consolidation. I will continue to keep an eye on ADA and update you accordingly. Thanks again everyone! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
31