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Inverted Cup and Handle

How to trade Cup & Handle Pattern | C&H Tuturial with ExampleCup and Handle Chart Pattern Tutorial with Example below ! Stay Tuned ! In the next educational post i will write about psychology of trading Chart Patterns and strategy of How to successfully trade few chart patterns in detail. Cup & Handle : Cup & Handle Pattern can be seen both as a bullish continuation or bullish reversal pattern. A bullish continuation C&H pattern forms when there is a preceding uptrend followed by consolidation period in the shape of a Cup and a Handle look pattern and then the uptrend continues after breakout. On the other hand, a trend reversal Cup & Handle pattern forms after a preceding downtrend, then after completition of the pattern the trend reverses after a successful breakout. Inverted Cup & Handle Pattern : Inverted Cup & Handle Pattern is the opposite of C&H pattern, Inverted C&H pattern is a bearish continuation or a bearish reversal pattern. A bearish continuation C&H pattern forms when there is already a preceding downtrend and after a Inverted Cup & Handle pattern is formed followed by a breakout the bear trend continues. On the other hand, a bearish reversal Inverted Cup & Handle Pattern forms after a preceding uptrend, then after completion of the pattern the trend turns to a bearish trend from a bullish trend after a successful breakout of the pattern. (In the Above they are Trend continuation Cup & Handle and Inverted Cup & Handle Patterns and below are the Trend Reversal C&H and Inverted C&H Patterns) The Cup & Handle Pattern can be form in any timeframe from few minutes to hours, daily or weekly and even monthly candle charts. The price targets are measured from the verticeal distance from the bottom to the high of the Cup looked shape then this distance projected from the breakout point. Like all the chart pattern you need to confirm the breakout with Volume Indicator. Sometimes in a cup & handle pattern, only the cup shape forms and do not form the handle shape or we can say it rounded bottom or rounded top for Inverted C&H pattern. Stay Tuned; 👍 Like this tutorial & share your comment below and also check other tutorials with example linked below; Thank You-
Education
by tapasdhanadana
11
Impossible Inverted Cup&Handle on XRPBTC likely a 1week patternThe inverted cup and handle pattern on xrpbtc seems like it is more a 1week chart pattern or possibly a 3 day pattern meaning it can close multiple day candles under the rimline without triggering the breakdown to negative satoshis. If it's more valid as a 3 day chart pattern then we can close around 6 consecutive 1 day chart candles under the rimline without triggering the breakdown. If it's a 1 week chart pattern we can close 13 consecutive 1 day candles without triggering a breakdown so keep that in mind. I think we are pry much bottomed out because I don't think we can trigger this pattern and had to negative satoshis...however if its more valid as a weekly chart pattern we can close a lot of 1 day candles in a row under the rim line and make it seem like we're gonna break downward so keep that in mind and dont let them shake you out of your xrp positons...he bottom of xrpbtc is likely very near.
Long
by DrDovetail
1
inverted c&h w/impossible breakdown target signals xrpbtc bottomthis pattern here is why I believe xrpbtc will no longer close any further candles under this current price point. We are in an inverted cup and handle pattern with a downward slant but the breakdown target is negative satoshis which I think is an impossibility. Therefore probability highly highly favors this being the bottom. last time we had a head and shoulder pattern with an impossible negative breakdown target on the xrpusd, it made for an obvious fakeout and instead of a breakdown it had a pump. All this considered, Load Up!!
Long
by DrDovetail
BNB/BTC inverted cup and handle confirmed and result FINALSo the large inverted cup and handle (1) came out confirmed. The push for BTC and the resulting altpocalypse, plus the Binance hack were definitely factors. so where next? There was a second smaller IC&H (2) on the way down that had similar volume properties to the first. Added to the 1st one that takes it down even further. whilst BTC remains dominant BNB is difficult to call but my gut tells me a big drop in BTC will see a corresponding big boost for BNB. If this behaviour is shown it would go some way to showing a symbiotic relationship between the two, suggesting we long BTC when we short BNB and vice versa. thanks for looking :)
by tremendous_girth
BNB/BTC Inverted cup and handle - part IIII know nothing, for information purposes only. Still charting the original IC&H formation. Have now plotted the upper and lower resistance trend-lines down to the potential bottom. To further confuse matters a second structure that could be interpretted as IC&H appeared on the way down. BNB is still a refuge for people who dont want to use stablecoins when BTC drops and this has a big impact on the reliability of this kind of trend plotting. Continuing to watch and update :)
Short
by tremendous_girth
We're in another wedge! Buy in and set a tight stop lossThe Wedge Master is at it again. It seems, we're in another wedge, around 4am-12pm PST we will have huge movement again. With crypto, it is hard to predict which way wedges will break out. So my technique has been to buy as the wedge closes in and set a tight stop loss about 1-2% under the line of my wedge. Here I am anticipating more down to retest our previous low at 3200. We might possibly get a small inverted bart back up before the bear market continues to retest lows. If so, I'll take the profits as soon as the price spikes. No 6k hopium smoking for me just yet.
COINBASE:BTCUSD
by djupgrade
New pattern: ballistic curve. Bearish?Bitcoin seems to be forming a perfect ballistic curve! While there is officially no such pattern recognized in trading (not that I know of), it is very interesting to look at the "physics" behind it. How does ballistic curve form? Ballistic curve normally forms when an object is shot with a certain velocity, in the gravity field*. It gets momentum upwards only at the moment it is shot; then it only continues up due to inertia, not being fed any more The momentum downwards hovewer, is operating constantly - it is the gravity force. It constantly diminishes the upward movement, and it turns it to downward. What does it mean in the trading chart? While trading and physics are different, the principles behind forming the pattern are very likely similar. We could say that the bulls got the energy ONLY at the time of the bounce, and then the energy gets diminshed constantly by bears, who work as a gravity. Who wins? There might be more bounces, but everything finally falls down in the gravity field :-) Bulls are only fed by bounces, while bears are the constant force of the market. Seems like bears have the advantage. Furthermore, the ballistic curve can be also viewed as inverted cup and handle, which is also bearish. What do you think? *) stupid TV automatically recognized "gravity" as an asset, please ignore this, I just mean normal gravity (oh shit, it did it here too... you know what I mean :-))
by telensky
2
Detailed and transparent analysis / Bitcoin will soon die ? v2.0General analysis 1) Fibonacci A) The blue rectangle indicates the area of possible rebound to continue movement B) The red rectangle indicates the area that calls into question the continuation of the movement C) The black rectangle cancels continuation of trend The price dropped to the black rectangle and on 6th of February the trend was changed to a downward trend . 2) Inverted cup and handle For two months the model of the inverted cup and handle has been generated , this model indicates a continuation of the downward trend , the target level is indicated on the chart Midterm analysis The price range is narrowing , on the chart you can see the emerging triangle , usually breakthrough occurs in the direction of the trend .
BITFINEX:BTCUSDShort
by Bombita
16