REQUEST NETWORK (REQUSDT) bottom and new volume 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price breaks the descending wedge and the green trend line to the upside and shape the cup and handle pattern
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if
the price breaks the range area to the upside, we will see more gain 📖🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Cupandhandlepattern
GME Summer (Daily Candles Analysis)This is my first attempt at making a future prediction using chart analysis. I would love opinions and feedback. I am not a professional, I have only been doing this for a year or so and I have no education in finance.
I think you will see GME continue on its new uptrend through the summer with a huge breakout towards September/October. I think you may see it hit near $111 in the near future. If it fails to bounce off of the $110 range then I would expect it to drop back down to test its main level of support around $80.
If it finishes the other half of the cup and handle, the I would think it would reach $250 before you see a retracement to begin the handle of the cup.
GME looks strong and I am excited.
ETHUSDT | Cup & Handle COMPLETEEthereumUSDT: Cup and Handle pattern
Price pushed up by the 200day MA on the 1 hour timeframe and by the 50day MA on the 4 hour timeframe where the last phase of the handle is completing at the time of writing.
The pattern is not an ascending triangle as the bigger pattern, the cup and handle, is in play.
Long position
TP around $1600 and SL at $1160
GOLD BullishPossible Cup & Handle on the weekly chart as the price sits at a significant level (2011 closing high) that may act as support.
I would like to see the price close above the trend line (monthly) and also the .23 fib which is in close proximity.
Gold will benefit as bear market rallies in stocks continue to fade to lower levels.
Square will mirror the short term bounce in BTC up to 20%Square owns a large amount of BTC. The BTC short term relief rally could possibly drive Square up by 20% as well.
In addition we have a cup and handle pattern in the making in 1h chart.
Also, a positive divergence on RSI as well
SL : confirmed close below 58$ nullifies this thesis
Target 1 : 68.40$
Target 2 : 71.80$
TRACBTC Cup & Falling Wedge With Trendline Support ConfluenceBullish chart patterns for TRACBTC / OriginTrail. A Cup & Falling Wedge handle with
trendline support & hidden bullish divergence on the RSI. This is on a weekly timeframe
on logarithmic scale.
I think a massive outperformance of TRAC to BTC will occur very soon.
Also check out my idea on the TRACUSD pair where the 4.236 Fibonacci extension has
pinpointed the top 3 times in the past.
cup and hund patternscript name - aegischem
entyr- 240 CMP
stoploss- 200
target -1.10
minimum 6 month
for education purpose only
RDBX ANALYSIS FOR THE UPCOMING WEEKShort analysis of RDBX stock, which is currently trending on high momentum.
Stock provides a lot of opportunity but also a lot of risk.
Personally i am not going to participate in this kind of stocks, because they are very risky.
I hope that my analysis gives you some pespective and knowledge.
I am not a financial advisor or anything financial. i am a retail daytrader with some experience and i am sharing only my knowledge and my personal experience. I am not always right and i will never be always right.
If you are going to participate in this stock, please do it responsibly and do not gamble.
Do not give in temptations and FOMO because everybody is going in without any proper plan, risk and trade management.
If you have any questions feel free to ask.