Handle
Cup and handle formHere we can see a nice cup and handle forming. stages 1-4 have been complete with 1 at the initial wave downwards followed by stage 2-3 seeing the levelling and the mirrored wave back upwards to initial value. Stage 4 marks the form of the handle and we have seen a beautiful rest at 0.382 on our Fibonacci levels indicating a bull rise back up to complete stage 5 of the pattern and indicate a rise upwards like a phoenix from the ashes. I would expect to see a large short is it breaks down through the 0.382 level and if it goes back up to complete stage 5 of the cup and handle I expect to see a bull breakout upwards. Keep an eye on this one
BTCUSDWe have identified the uptrend and a rounded retracement (CUP). The strategy applied says the strength and longevity of the prevailing trend will determine the success of trade. We have identified the handle of the cup. First buy entry on the handle breakout, the upper line (resistance) that define the handle structure is our trigger line of first buy.
2nd entry on the breakout of initial peak from where the cup started drawing up.
Take profit at the same distance in price measured from the initial cup peak to bottom of cup.
Place SL below rounded bottom after 2nd entry is triggered , then move both SL below the handle swing low. Thanks for taking the time to peruse my analysis
-RW
Bitcoin // Possible Adam + Eve Hello,
Beginning with the 1D chart on CME we can see the birth of Adam and Eve taking place. At the same time we can see a shooting star ready to be confirmed. This points to the possibility of printing a handle for A+E. Also a cross between the 8D MA and 21D MA is about to occur.
Below it, we find a gap. Although I believe we shouldn't wait for a gap to be filled, we can find support near it if we get a short-term dip. Or break in and fill it. A daily close below the gap can null the pattern and a triple bottom can occur, although I don't expect that to be the case. If Adam and Eve gets invalidated, a bounce at the bottom of the bull flag is highly possible.
Above it, we can confirm the pattern and continue the run above the bull flag to a target of $13,900 and beyond.
- B
12hr:
4hr:
Iota preparing for MASSIVE move!Note the following from my 15m chart:
A) Iota is currently in an ascending triangle (uptrend). It is also running out of space and looks like it will break around 4pm EST.
B) The 50 day moving average is currently acting as a support.
C) A cup and handle has formed which is a strong indicator of an up move.
D) The key here is the purple resistance line, it has already tried to break a few times (see long wicks where price was rejected). If it breaks the resistance, expect a massive move up.
Altcoin MCAP - potential Cup + HandleLooking at the altcoin market cap, we have a potential cup and handle formation.
Potentially, the cup last a longer time to 'fill' before launch but it could also happen within the next 30-45 days.
Bitcoin could see 9.7k and likely flirt with 10k and support these prices for a week or so before correction.
Our hope is that Bitcoin's price remains stable long enough to support the flow from bitcoin into alts before said correction ensues for the entire crypto market. (Maybe)
ltcbtc chart at a cross roads.We can see LTC had a very ncie pump against btc after its ltcbtc golden cross occurred on the daily....it has since corrected and appears like it may have a chance at triggering a cup and handle pattern...however the threat of a 1 day ltcbtc death cross quickly approaches. If the death cross is to materialize this cup and handle pattern will most likely fail...and on the flipside validating this cup and handle pattern could help prevent the death cross...so for now against btc ltc is at a cross roads and could easily continue either way, For this reason this idea will remain neutral.
LTC has an opportunity to reach $179 if it confirms daily c&hLooking very bullish breakout should likely be confirmed soon enough. This is essentially just saying the same thing as my march ltcusd chart says, except now the handle of the cup and handle is not only an inv H&s but a smaller cup and handle itself as well.
Cup and Handle Reversal with Bullish Symmetrical TriangleHey everyone,
I have been seeing this possibility in the charts and the daily. We could have a double bottom into a cup and handle reversal. We have a potentially bullish symmetrical triangle in the handle as well. If this plays our we could launch into 6.8k in two months for a full retest of 6.8k. I'm an amateur, and this is not trading advice. This is simply a suggestion based off of some research. Let me know what you think. Open to any and all feedback and interpretations.
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 **
The LTCBTC Cup and Handle may finally be triggeringThe cup and handle pattern we have been watching unfold on LTCBTCs chart may finally be triggering here as ltc seems to be legitimately breaking up from its current bull flag which ahs a target that should once hit make triggering the cup and handle pattern a sure thing and continuing its bullish momentum...however there have been a lot of fake bait pumps and bait dumps over the last few weeks so we must keep in mind this could potentially be the case again here as well...however with the 1 day golden cross on ltcbtc fully sustained now I think probability favors a legitimate breakout of the cup and handle pattern here.