Cupandhandlebreakout
Possible C&H on XRPUSDT 1H chartThis is my prediction for XRP. The cup and handle is so far looking pretty good, so keep your eyes peeled for this one. I already missed the breakout leading up to this point so hope i get some gains from this. Not a financial advisor, beginner at this. Comment your thoughts on this below.
SXP - 5$ in the next big wave?Here's a quick look at SXP 4 hr. chart. The price action has been forming a bigger cup & handle, and in time of writing this post, the price is breaking out from the handle. Our first big obstacle will be to get through 3.8$. Keep an eye on this one.
One thing to note here is that the price has been falling as well as the volume - thats a bullish sign.
Follow me for daily trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
SXP Double Cup Pattern PredictionWith the ongoing situation of altseason, I have managed to catch that pennant and cup formations are the most succesful ones in the mid-term investment, right now we have BTC.D Dominance at %61 levels which can be considered as relatively high compared to the bull run in 2017. In case of BTC Dominance to hit 59 levels, Head and Shoulders will be activated with the minimum of 10 points of decrease. So in that case, I am expecting SXP to pump between 5-9$ channel. Well, this case is optimistic one with the rule of ceteris paribus, not a financial advice just for the means of education.
Palantir c-update 2.0Slowly finished the expected cup.
After the formation of the shape, if the exchange rate successfully erupts from it, an increase of the same volume as the height of the cup can be expected.
Bull on the springboard. (:
Good luck to everyone.
Cosmos ATOM 1D Cup & HandleCOINBASE:ATOMUSD
Exciting times for Atom fans with a potential huge run ahead after completing a near 6 month long cup and handle. $10.18 presents a small challenge but if momentum is swinging it will blow right through. The coin has a strong presence on Coinbase and other big CEX's with in-house staking offered, which will be particularly attractive to new entrants. I can't guess where this lands but I can say it has a smaller circulating supply than UNI and is half the price.
This is not investment advice and trading cryptocurrency is high risk.
XRP Potential Cup and Handle - 1:6 risk:reward hereSpeculating a potential cup and handle play on XRPUSD.
Handle is still forming at this time.
Entries:
1. Enter here for 1:6 risk:reward
2. Safer entry on the retest of breakout from the neckline (yellow)
Stop loss: $0.42 (below the low of handle)
Target 1 (conservative): $0.56
Target 2 (aggressive): $0.65
BTC Inverse Head and Shoulders 1:6 R:R 🚀BTC just broke out of what it seems to be an inverse head and shoulder pattern + a mini cup and handle in the right shoulder - bullish?!
We wanna see it close above the neckline on the 4H to make sure it's not a fake out.
Entries (green arrow)
1. fomo here (small position only)
2. safer entry (retest of neckline breakout): $38700
Target 1: $42k
Target 2: $48k
Stop loss:
buy and sit on your hands or < $37k
Have fun!
Chinese Rare Earth Elements (REE) MinersBull Case on Chinese REE Miners:
Increasing domestic pressure to restrict REE exports from China.
China accounts for 60% of the world's mining of REE, China also accounts for over 80% of the world's REE refining. Refining is environmentally intensive & damaging.
The US & Australia are building out domestic supply chains, but unless they are willing to fight their own environmental regulations to refine what is mined, it still has to be sent to China.
Increasing global demand + restricted supply chains = higher prices = greater profits for Chinese REE miners / refiners (tracked in REMX).
China is bolstering its domestic semiconductor industry due to the restrictions from the US & West, which also require REE; Chinese domestic demand for REE is going to increase to support a domestic semiconductor foundry sector.
Cup & Handle pattern noted.
Activision Blizzard is break out of cup and handle patternNASDAQ:ATVI is breaking out of the monthly cup and handle pattern and is targeting 125$. This is long term trade that requires patience, stop around 68$. I would enter after the stock breaks and close above 90$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
UNFI / BTC potential C&H UNFI / BTC
🌟 Techincal Analysis 🌟
Potential C&H pattern
Price after break neckline of pattern jumped to 1.618 fib level from there we can see small rejection
If the price dropped again to support that will be agood buy (high reward and small risk trade)
This is not financial advice
Good luck and happy trading 🌹