HBARUSDT Showing Nice Bullish StructureSo this is an asset I don't believe I have talked about too much here. A close friend of mine had me look into this awhile back and I have been in it ever since. There are a few good things to look at, first we can start with the flagging pattern. Next we have a cup and handle. The targets here are .57 ( a level hit previously) and .75. I really like the overall structure of this asset and I'm sure it will do great things in the coming months. Thanks again everyone!
Handle
The handle of the cup is in a descending channel/bullflagOdds are good i we continue to consolidate inside this descending channel(in green) that we will find support when once the 1 day 50ma (in orange) converges with the bottom trendline of the channel around 55944-56k or once it enters inside the channel. So my guess is the bottom of the handle will be around that 55.9-56k range. Of course it could also do a bear trap wick below the channel too before bouncing back up to close the body of the candle inside the channel for it’s last correction before more upside. Either way we should probably know within the next few days.
VETUSDT Cup and Handle TargetAnother quick chart for you guys! This is another asset I have mentioned to my followers in the past. It has started to break out after its consolidation. The target provided was made from the last cup and handle pattern we saw. The target is 20 and was made by adding the depth of the cup to the top of the pattern. I believe this asset will fair very well during this last leg of the bull run. This is only the first target by the way. When we have some other patterns, we will be able to create future targets.
Thanks again everyone!
ONEUSDT Moving Closer to BreakoutWe have the first target from a cup and handle. The second target is from the flagging pattern. The asset looks ready to run soon. I have been talking about Harmony for awhile now with my followers. So I thought I would give you a little update. Everything is looking great and I expect big things from this asset during the next leg of the bull cycle.
Tomorrow, I will chart PBXUSDT, VRAUSDT, or VETUSDT. I will pick from a hat lol.
Thanks again everyone!
$COTI Cup and HandleCup and handle is the theme for 2021 crypto market.
As the chart indicates $COTI is forming a nice handle to a Huge Cup formation.
Along with major news I believe $COTI is ready for a breakout. I have added some conservative entry, and profit zones.
Enter with caution and always risk everything!
Cheers!
Scooge
MTVUSDT Basing Patterns Minor TargetImportant Things To Note:
Multiple basing patterns are fueling the engines for this asset.
Minor Target of 0.37.
I expect this asset to move heavily this alt season
ETH just made ATH, alts will start to follow.
Important dates:
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
So, anyone that follows me knows I love MTV. Their metrics look great, however I wish they would do a bit more marketing. Despite that, I still expect this asset to do well the last leg of this bull run. There are plenty of basing patterns which should fuel the upward momentum. There is a minor target of 0.37 from the last cup and handle. My followers wanted me to do charts on my other assets I mention so here it is! If you can't tell why I like it by now, just look at the chart. Enjoy!
ONEUSDT Cup and Handle TargetI am doing this chart as a request from a follower. I have mentioned this asset previously when the cup and handle was still forming. The recent high transactional activity is what caught my eye as to it being a likely candidate for smart money investors. Though ONE might still be flying under the radar a bit, I figure it won't take them too long to catch on. ONE has made quite the comeback as of recent which I am happy to see since I believe it is a great platform. The Cup and Handle produce a target of roughly 0.40. This was calculated by taking the depth of the cup and adding it to the top of the cup. There is also a nice bull pennant which has pushed the price higher. I am sure this will move greatly in the coming months due to its strong fundamentals, high transaction rate, the accessibility of it, and the patterning. Thanks again!
RAYDIUM could go nuclear!!!Raydium showin couple nice things on the Daily chart. Also on higher timeframes but i only focus on the daily in this setup.
Potential Cup and Handle (yeah it's in the room with us rn), with a higher low doulbe/triple bottom at a .786 retrace, class C bullish divergence on the MACD Histogramm, RSI and Stochastic at very favorable levels and the day will most likely close with a bullish engulfing candle.
For a trade the stop loss is placed below the previous low even tho the 200sma and major support levels are right below it, but this setup only works with a local higher low.
lets see :)
VRA - Breakout possible! Cup and HandleVRA has shown strong buyer signals recently, and has formed a cup & handle pattern over last several months. It is right now, on the verge of breaking its previous All Time High. If it does this, the cup and handle pattern suggests that:
1) The deepest part of the cup, all the way up to the rim, is the measure for where the asset goes next, starting at the top of the rim. So I drew prices at the top of the rim, going up to the match of the depth of the cup.
This has a good chance of working out, as long as BTC doesn't tank or take off. That is getting harder to ask lately.
Trade - Watch for breakout upwards! This is the buy signal, some wait til candle close, depends how fast it is moving.
bitcoin inverted cup with handle and head and shoulder scenario 1st: bitcoin inverted cup with handle
if holds the white line, high probability will form:
2nd: head and shoulder scenario if and when the white line of support holds and causes a 'right shoulder' from short covering.
stay tune to this 3 month play.
follow for more ideas and updates for invalidations and more
PLTR cup and handle bigger than expected?!at first i was confused as to why the breakout of the cup and handle wasn't as fast as it was projected to be. Then i realized that the consolidation could've been pointing to the cup and handle on PLTR being bigger than expected. I waited about a week and sure enough, we see a handle being formed. By all means, it needs at the minimum a week but because of the size of the cup it should take about 2 weeks, maybe 3. Anyways, the lowest it can go is about 23.50 but ideally it should stay above 24.75. We all know its hard to establish supports and resistances on cup and handles, so when you should take positions is up to you. Anyways, this is my second analysis on this website so criticism is by all means appreciated. Have a good one guys!