Across the boards we're seeing C&H setups. This is just another one that has come full circle.
We can see on the 4 hr chart the current bull flag has started to morph into an ascending triangle bull pennant. Probability is good it will break upward....that should trigger the cup and handle that is still in play if that cup and handle is valid....However this entire bull runs price action also appears to be trapped inside a rising wedge which are patterns...
XLM/BTC: Looks to be forming a cup and handle, just waiting on the handle to form to give us a nice entry position. XLM should correct/retrace sooner than later from its recent bull run, which will allow a handle to form. Buy area and Stop Loss have been set, watch buy area closely, XLM tends to retrace larger than usually expected, XLM may dip down to the 0.5...
Oversold on the RSI, Stoch RSI has bearish cross. Forming an inverse head and shoulders pattern. Hold off on buying for a couple weeks and watch for the shoulder to form. I'm hoping for a dip of about 10%. Remember, with another crypto bull market beginning to form, pumps can happen very quick, so watch closely! Or, buy now and stay on the safe side, we will see...
We can see a CUP & Handle Pattern // This is on small scale // 1 hour chart /TARGET : 1.618 from previous resistance // support Will update later on till we see how whole market in general play out // Good luck .
Forecast 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,...
New to all this, but looks like a cup and handle to me. Just placed a position.
Here 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.
We detected Cup and Handle pattern, volume is also rising, demand is higher than supply. Safe buy price is around 0.000575 Next targets will be 0.000598 0.000635 Stop loss: below 0.000550
EOS 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...
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...
Clear cup and handle pattern to me. Mix this with their recent rebranding (as of this week) and I think we have a recipe for success! One of the best privacy coins IMO. Cheers
Hello traders! Here we have , looking at it from a has been forming a 4H chart you can see a large CUP AND HANDLE over the past couple months. As outlined on the chart your buy point should be %5 above ideal point. If trade doesnt go as planned, there's 2 possible targets as shown on graph. As always this is my trade opinion. Do your own research and never...
Lots of people interested in this coin, lots of hype from those that bought and lots of FUD from those that missed out. Loads of people stuck at the top wanting to sell, recent large volume buy in - possible could be cup and handle forming?
Quick analyse about OmiseGo (OMG), we are currently forming a cup and handle, which is a very bullish pattern. Indicators like RSI are also bullish. Regarding the project behind OMG, they are seeking to unbank the banked. It's a decentralized bank using a Proof of Stake algorithms (PoS) and they have Vitaik Buterin (founder of ETH) as an advisor. Currently...
If the handle can complete and continue the upward trend, XRP could be in for a similar boom as a few days ago, just over a longer period of time. Notice the inverted head and shoulders forming after each cup and handle formation.
After XLM faked me out on my previous idea when I anticipated a breakdown in a bearish flag/pennant....it is now showing very positive bullish signs that are further aided by the cup and handle formation that is currently close to completion. It has been steady forming higher lows and higher highs even despite Bitcoin's swift rise, which is a sign of stability...
Next target $6 Lots of ways to draw the cup and handle (double cup and handle?) $2.50 -> $5, pull back to $3.50ish, then $3.50 to $5.00, pullback to $4.25 (50% retracement) MACD on daily and weekly holding positive and accelerating Stock blew threw descending trend line ($4.77) today (11/17) with strong volume and is showing strong follow through with little to no...