Hurricane Energy - a cup with 2 handlesA cup with 2 handles - (No Two Ronnies jokes please)
HUR looking bullish
Needs to make £s after producing its first oil to match its valuation
Risk: Brent Crude goes down to $50 because of trade war
Cuphandle
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 **
TRXBTC | MASSIVE Cup and Handle formingAs you can see, I am currently watching the charts for a potential cup and handle forming on the 4h chart for TRX . This one could become a huge opportunity for a swing trade, if I'm right.
But first, here are my assumptions and the important dates you should know:
1. TRON has dated the launch of their main net for May 31st (first vertical line), this date is known for a long time and last time when they launched their test net, there was a huge run up a few days before, followed by a massive dump on the same day. It may the same for the main net launch and the run up could be already baked in the price (of the recent high).
2. Since there is the needed token swap just 3 weeks after the main net launch (second vertical line), the dumping on the date of the main net launch could be not as bad as the first time.
3. TRON has a great community, is already on a lot of exchanges and has a lot of volume all the time. So I am expecting a high volatility before and after the deadlines.
4. As far as I can see TRON fans are strong hodlers and got big hopes dreams.
5. Bitcoin doesn't do any crazy stuff.
Now what I am expecting:
A little correction back to the ascending triangle with 900 Satoshis as top line. Maybe we form a nice inverse head and shoulders here. Once we break above 900 Sats my next target is the completion of the huge cup and handle at around 1060 Sats. If we break this area with volume before May 31st, I am looking for an exponential run up to the higher target (2) of round about 1300 Satoshis. But just in case we have a very bullish sentiment in the whole market.
The more likely scenario for me is a breakout of the cup and handle pattern right before main net launch. Maybe stopped at a big even at around 1200-1250 Sats (T1B), followed by the expected dump on May 30th -June 1st. For example back down to the breakout point and then a bounce off the cup and handle in June. The second target is at the .382 fib level.
My very long term target for the cup and handle would be at around 1700 Sats, that's the distance between breakout and the bottom of the cup. This line also fits perfectly to the body of the ATH-candle. Makes sense for me. But I think we need a great bullish sentiment for this scenario to occur. Maybe at the end of the year if Bitcoin starts running again. With all that volume, TRX will offer enough chances to earn some money in this case.
Don't fomo and set your Stop-Losses like a pro.
Possible Trades :
Buy zone: 825-850
Sell at T1: ~25-30% profit (40% for T1B)
Sell at T2: ~50-60% profit
Sell at T3: ~100% profit
So please let me know what you guys think about this idea?
Sources:
TRON Main net Launch on May 31st: twitter.com
TRX Tokenswap on june 25th: twitter.com
None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.
WAVES CUP HANDLE + DOUBLE BOTTOM FORMATION First rectangle double bottom formation target
Second rectangle cup handle formation target
WPR Cup and Handle FormedAs long as BTC doesn't fuck shit up, I imagine we could see a new ATH from WPR very soon.
NULSETH LONG Opportunity ApproachingWatching NULSETH to come off to the 3800 Satoshi level following an inverse-cup-and-handle. BUY around the 3800 with exit 5600-5700. Watch RSI for over-extension of the market sale for buy timing.
NULSETH LONG Opportunity ApproachingWatching NULSETH to come off to the 3800 Satoshi level following an inverse-cup-and-handle. BUY around the 3800 with exit 5600-5700. Watch RSI for over-extension of the market sale for buy timing.
Cup and Handle on $NAV
Cupped formed between last september and mid january
Currently in Handle
Will continue down mini-bear-channel until about 0.618 Fib , then bounce up to finish handle
Distribution weakening/accumulation getting stronger
Support also at 1 fib, if we dump past 1 fib, be concerned
200 ema holding on 4H, watch for price to go below
Feel free to follow on Twitter: @azorahai06
DCT/BTCNot financial advice Just Idea
Should follow cup-handle pattern. Stochastic RSI curving up and moving averages showing up trend.
DCT/BTCNot financial advice Just Idea
Should follow cup-handle pattern. Stochastic RSI curving up and moving averages showing up trend.
Legends Room(LGD) Bullish after completing C&H. Target-29.8k satLGD completed its handle in the previous candle on a 1D chart, Making it bullish
now the previous resistance is what we looking for it to break.
Short Term target - 29,850 satoshi
GBP/USD Cup & HandleIf you are Risk Adverse, can start Long Pos. once support line broken. Otherwise just enter Pos. from now
TP: 1.4x or RSI reaching 70-77
Trade Duration: 7-20 Days
SL1: Closed Candle break below 13EMA
SL2: Closed Candle break below 48EMA, or Reduce exposure
Conviction: 7/10
Discipline: 9/10
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