Cup-handle
Cup and handle formHere we can see a nice cup and handle forming. stages 1-4 have been complete with 1 at the initial wave downwards followed by stage 2-3 seeing the levelling and the mirrored wave back upwards to initial value. Stage 4 marks the form of the handle and we have seen a beautiful rest at 0.382 on our Fibonacci levels indicating a bull rise back up to complete stage 5 of the pattern and indicate a rise upwards like a phoenix from the ashes. I would expect to see a large short is it breaks down through the 0.382 level and if it goes back up to complete stage 5 of the cup and handle I expect to see a bull breakout upwards. Keep an eye on this one
Iota preparing for MASSIVE move!Note the following from my 15m chart:
A) Iota is currently in an ascending triangle (uptrend). It is also running out of space and looks like it will break around 4pm EST.
B) The 50 day moving average is currently acting as a support.
C) A cup and handle has formed which is a strong indicator of an up move.
D) The key here is the purple resistance line, it has already tried to break a few times (see long wicks where price was rejected). If it breaks the resistance, expect a massive move up.
Altcoin MCAP - potential Cup + HandleLooking at the altcoin market cap, we have a potential cup and handle formation.
Potentially, the cup last a longer time to 'fill' before launch but it could also happen within the next 30-45 days.
Bitcoin could see 9.7k and likely flirt with 10k and support these prices for a week or so before correction.
Our hope is that Bitcoin's price remains stable long enough to support the flow from bitcoin into alts before said correction ensues for the entire crypto market. (Maybe)
Mobius CUP & HANDLE patter (MULTI TF analysis with indicators)Hello my dear followers, traders, investors
Show me the chart and I will tell you the news.
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Watching on MOBI makes me FOMO and so will many other traders of XLM or thoose with access on Bittrex too very soon
What I see here is big potential for Cup & Handle pattern formation.
Key level is 300sat range.
And I want to multiple my XLM bags since I loaded my XLM at C&H pattern in the range of 3-500sat BITTREX:XLMBTC
Im personally buying MOBI for both XLM at stellarport(dot)io/exchange as well on Bittrex(dot)com for BTC
Because both assets charts looking bullish for MOBI side as its accumulting for a long time way under the ICO prices. Im expecting some news to pop up soon as a catalyst since latest team feedback 6 Dec 2018 ( 3 months ago) twitter.com
It feels like Mobius team is cooking something behind the doors and buying its own product so it makes people to think that the project is dead but the chart is telling a different story here.
For so literally dead coin from fundamental side is interesting to mention that during 2019 MOBI was listed on Bittrex and UpBit exchange
Initial entry for Mobius
BTC - Bittrex (240-350sat with - avg. 310)
XLM - Stellarport ( 0.09 - 0.12 - avg 0.108)
Latest Mobi trade
**This analysis is reload of MOBI asset from sold bags - (Link at Related Ideas)**
**Attempt to predict of future price movement**
** Instruction how to trade potencial Cup&Handle pattern **
Tron's the most bullish lookin chart in crypto at the moment.The 1 day golden cross is inevitable the bullish breakout of the bull flag seems inevitable too which should then also make the cup and handle breakout occur as well. A perfect triad of patterns all combining with a daily stoch rsi that has lots of room to fly make this an easy long. Golden cross should occur in the next 3 and a half hours. If it hits the cup and handle breakout target it can almost double it's price but once again a reminder that this is not financial advice ;) thanks for reading!