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Saucer

NXT Super Profit or Death.Overly risky coin, but overly profitable. Coin only for temporary speculation, not for holding! The progenitor of the coin ANDOR (andr). The developers website says that they support the development of both coins. But according to the sad NXT schedule, this cannot be said. The coin is traded on top exchanges such as Polonix, Bitrex, HitBtc. The coin was pumped several times from + 700% , +1600% + 1700% ! This makes it clear why this coin was created and what work is preferable on it. What do we see on the chart? There was a downward wedge, after exiting from it, the price did not particularly make any price movements towards working out the goals of the wedge. Now there is a sideways movement, volatility is reduced. Lateral movement after leaving the wedge for 96 days (3 months). Perhaps this lateral movement of 3 months in length will act as the 2nd phase of a reversal of a very slowly forming figure "Round bottom" ("Saucer") . The descending wedge itself will act as the first phase of this formation. The target are impressive, if in reality this formation will be formed, then only up to the figure resistance + 480%. Entrance to the market - only at the beginning of the 3rd phase of the formation of the figure! It is very important. Because it is not clear whether it will really form. A relatively slow price increase will mean the beginning of this 3 phase formation of the figure "round bottom". Enter the market now "at the bottom", maybe get a "second bottom" as a gift. It is better to buy a little more expensive, but for sure, than cheap for good luck! If the price breaks through the support of the formation and consolidates below it, this will mean that there will be no trend reversal to the upward one at a given time, and you should refrain from buying. Here is another NXT developer coin - ANDOR coin (Andr). In my opinion, the ANDOR coin is less risky and more understandable in price movements. You also need to understand that this is a newer project of these developers, therefore they will add more time and effort to the development of the project, which will be well displayed on the price chart. Here is one of the latest trading ideas for the ANDOR coin which has already yielded about + 20%. Ardor channel movement in increments of 40%. Pivot points Let me remind you that NXT and ANDOR (Ardr) were created by the same people. NXT is the first project. ARDOR (Ardr) - the second project.
N
by SpartaBTC
2
QLC trend fracture? Perhaps the formation of a figure "saucer"QLC may be at the very bottom, and the trend will be a turning point - the formation of a rising ascendant saucer. +170% On the downward chart is the “saucer figure”. Growth goals and where to put Stop Loss in case of non-confirmation the formation of a figure on the chart. 1) Descent of the price. It is characterized by a gradual slowdown in movement and falling prices; 2) Bottom - the bottom point of prices on the chart. It should be located on a gentle bottom (smooth bottom, without peaks). The center of the figure. 3) Ascending prices. Ideally, the graph is symmetrical to the descent. It is characterized by a gradual acceleration in price growth. When climbing the price, be sure to increase the volume indicators (to confirm the formation of the figure). The time of formation of the climb is usually equal to the time of the descent of the price or a little more. In a POWR coin, a similar formation is possibly formed.
Q
by SpartaBTC
DNT / BTC Perhaps a shape will be formed Bowl +200DNT / BTC It is possible that a Bowl shape will be formed (Saucer, Rounded Bottom) + 200% Price at historical minimum. 3 months in sideways movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure. The goal is the zone of the resistance level of the "Bowl". Further on the situation, how the price will fix. Stop Loss - the level of support of the "Bowl". _________________________ I will describe this figure a bit: The Saucer shape, or as it is often called the Chalice, the Rounded bottom is a long-term figure that predicts long-term growth that looks like a concave arc. The figure is found on large timeframes. In most cases, on weeks, but on instruments that quickly go through their cycle (cryptocurrency), they can occur on a daily timeframe. The rounded bottom is quite rare, but very reliable bullish pattern. Typically, a pattern is formed at the end of a long-term “bearish trend” and usually gives a signal of a market reversal. It should be noted that the ideal symmetry of the figure is not a prerequisite. The main thing is the presence of its key components: the descent of the price, the bottom, the rise in price and the breaking of resistance. Ideally, the formation of the “Saucer” pattern usually occurs in a narrow price range, in a calm market with the least volatility, when a trend reversal occurs smoothly, without strong price spikes. If, however, price spikes occur, then very soon the price will return to its usual range. The figure signals the long-term nature of the formation of a trend movement. The longer the figure forms in time, the stronger the signal is considered. The most reliable are the figures formed on weekly charts for at least several months. The older the time frame, the more reliable the signal. The rounded bottom is a long-term figure, and can stretch on the chart for a long period. _____________________________ Stages of the formation of the figure. The Saucer figure consists of the following steps: 1) The descent of the price is the first phase of the figure. Price decline trend with a gradual slowdown. In the classical case, it should be a smooth arc, but in practice its shape can be flat or contain, on the contrary, correction minima and maxima. The main condition in this case is the gradually decelerating pace of price reduction. 2) The bottom is the lowest point of prices. It is the geometric center of the figure. It should be located on a gentle bottom (smooth bottom, without peaks). Although sometimes such a formation as the "Thorn" down or closed squeezes comes across at the bottom. The main thing is that these local formations do not violate the overall picture of the figure and movement in the global. If the lower point of the price forms the so-called platform on the chart, then the trading volumes gradually decrease, and at the moment of the price jump up sharply increase. Another surge in prices may be a signal to buy if the maximum of current prices is higher than the previous maximum. 3) Ascent of the price - after the minimum follows the ascent, which should ideally be symmetrical to the descent, and should last as long as the first phase (the descent of the price). There is a tendency to increase prices with a gradual acceleration. 4) The intersection of the resistance formed by the upper boundary of the whole figure (passes through the maximum point of the figure at the beginning of the period of its formation) is an additional confirmation of the rounded bottom and the final phase of the formation of the figure. After breaking through and fixing the price, the resistance level turns into a support level. ________________________________ Setting sales targets when working with a figure. At the expense of selling goals, there is no exact opinion among traders. You need to understand that this is a long-playing figure and has a pronounced bullish character. In most cases, phase 3 (price rise) ends with phase 4 breaking through resistance and fixing the price above it. Thus fully confirming this figure of technical analysis. But you need to understand that this does not always happen! There are exceptions. It is also important if the price is being traded in your favor, and according to the plan you should already fix the profit, then it is advisable to stay in position while you get additional profit instead of the planned one. There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations. I trade such formations like that. As a rule, I enter the 2nd phase on the “Day”, but then when the trading volume starts to increase (the beginning of the 3rd phase is the ascent). It is very important not to "stay at the bottom" for a long time. Time is money. I leave the position in 2 stages according to the situation: a) I sell a large part of the position at about 70% just before the resistance (before the start of phase 4). b) if the price failed to break through or gain a foothold, I will sell the remaining 30% of the market. c) if the price was able to break through the resistance and consolidate. Resistance has become support. I buy back at the pullback prices the same 70% that I sold in advance before the resistance. Very often the price differs by a couple%. The confirmed new support gives great potential for further growth. It is very important that there is not a big gap between the sale and the purchase. If the price after confirmation of support has gone high - I trade the remaining 30% of the position. _____________________ You related ideas see more ideas where such figures are also formed
Long
by SpartaBTC
MANA / BTC Formed figure Bowl (Saucer) First target + 110%Perhaps a Bowl figure will be formed (Saucer, Rounded Bottom). Target of the figure + 110% Price at historical minimum. 4 months in lateral movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure. The first Sales Goals are the “Bowls” resistance level zone. 600-670 satosh. Further on the situation, how the price will fix. Other target levels are the levels of the previous horizontal channel that existed for more than a year. 900, 1200, 1500, 1800 satosh. Stop Loss - the level of support of the "Bowl". (red level) - about 300 satoshi ___________________________________ I will describe this figure a bit: The Saucer shape, or as it is often called the Chalice, the Rounded bottom is a long-term figure that predicts long-term growth that looks like a concave arc. The figure is found on large timeframes. In most cases, on weeks, but on instruments that quickly go through their cycle (cryptocurrency), they can occur on a daily timeframe. The rounded bottom is quite rare, but very reliable bullish pattern. Typically, a pattern is formed at the end of a long-term “bearish trend” and usually gives a signal of a market reversal. It should be noted that the ideal symmetry of the figure is not a prerequisite. The main thing is the presence of its key components: the descent of the price, the bottom, the rise in price and the breaking of resistance. Ideally, the formation of the “Saucer” pattern usually occurs in a narrow price range, in a calm market with the least volatility, when a trend reversal occurs smoothly, without strong price spikes. If, however, price spikes occur, then very soon the price will return to its usual range. The figure signals the long-term nature of the formation of a trend movement. The longer the figure forms in time, the stronger the signal is considered. The most reliable are the figures formed on weekly charts for at least several months. The older the time frame, the more reliable the signal. The rounded bottom is a long-term figure, and can stretch on the chart for a long period. _____________________________ Stages of the formation of the figure. The Saucer figure consists of the following steps: 1) The descent of the price is the first phase of the figure . Price decline trend with a gradual slowdown. In the classical case, it should be a smooth arc, but in practice its shape can be flat or contain, on the contrary, correction minima and maxima. The main condition in this case is the gradually decelerating pace of price reduction. 2) The bottom is the lowest point of prices . It is the geometric center of the figure. It should be located on a gentle bottom (smooth bottom, without peaks). Although sometimes such a formation as the "Thorn" down or closed squeezes comes across at the bottom. The main thing is that these local formations do not violate the overall picture of the figure and movement in the global. If the lower point of the price forms the so-called platform on the chart, then the trading volumes gradually decrease, and at the moment of the price jump up sharply increase. Another surge in prices may be a signal to buy if the maximum of current prices is higher than the previous maximum. 3) Ascent of the price - after the minimum follows the ascent, which should ideally be symmetrical to the descent, and should last as long as the first phase (the descent of the price). There is a tendency to increase prices with a gradual acceleration. 4) The intersection of the resistance formed by the upper boundary of the whole figure (passes through the maximum point of the figure at the beginning of the period of its formation) is an additional confirmation of the rounded bottom and the final phase of the formation of the figure. After breaking through and fixing the price, the resistance level turns into ur _______________________________ Setting sales targets when working with a figure. At the expense of selling goals, there is no exact opinion among traders. You need to understand that this is a long-playing figure and has a pronounced bullish character. In most cases, phase 3 (price rise) ends with phase 4 breaking through resistance and fixing the price above it. Thus fully confirming this figure of technical analysis . But you need to understand that this does not always happen! There are exceptions. It is also important if the price is being traded in your favor, and according to the plan you should already fix the profit, then it is advisable to stay in position while you get additional profit instead of the planned one. There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations. I trade such formations like that. As a rule, I enter the 2nd phase on the “Day”, but then when the trading volume starts to increase (the beginning of the 3rd phase is the ascent). It is very important not to "stay at the bottom" for a long time. Time is money. I leave the position in 2 stages according to the situation: a) I sell a large part of the position at about 70% just before the resistance (before the start of phase 4). b) if the price failed to break through or gain a foothold, I will sell the remaining 30% of the market. c) if the price was able to break through the resistance and consolidate. Resistance has become support. I buy back at the pullback prices the same 70% that I sold in advance before the resistance. Very often the price differs by a couple%. The confirmed new support gives great potential for further growth. It is very important that there is not a big gap between the sale and the purchase. If the price after confirmation of support has gone high - I trade the remaining 30% of the position.
Long
by SpartaBTC
Interesting trend on Saucer. FCELThis would appear to me that there will be a pullback to about the .54 area. Maybe .57-.60. Depending on if it gaps on open again. In which case .77 could be the new lower support if it drops during consolidation. If you notice the downtrend side: June 5, 7, and 14 the stock dropped below .77 (5th), .54 (7th), and .39 (14th). Now compare to the uptrend side of the saucer: July 2nd the stock gapped up above .39, and even with consolidation closed at (or about) .54 Then July 3rd (Today) the stock gapped up again passing the .77 mark but failed to stay above on close. Currently at .79(ish) which is good news. That is a post market number though. the last thing to note is July 1, 2, and 3. Open July 1 was slow but trending up. Consolidation with low-volume. July 2nd is the gap up, consolidation with low-volume while trending up. July 3rd (Today) 2nd gap up, but the volume pattern has completely changed. It did not trend up. There is still a slight chance .77 becomes the new low resistance line. With any luck a gap up will push us over $1.00
NASDAQ:FCELLong
by PatternTrader0807
6
Saucers Bottom forming in the process, Time to get in???Hi Guys, I have been away from the crypto space from last 3-4 weeks due to some reasons. And a lot has been changed from that point. It took some time to process that. Now let's talk about SKY coin. SKY has been very week in last 1-2 weeks and now gaining some strength. Now it's working on forming a strong bottom. According to the theory, the significance of the support and resistance depends on the time it spends around that and the trading took placed in that range, which is good enough to signify the support level. it's been traded between 800-1100 range from last 1 week and it looks like it is working on the Saucer bottom, which means it can breakout soon may be in next week but it will much more depend on how BTC reacts in the range of 5800-6500, which is very crucial for the bitcoin. In the market like all coins seems to depend on BTC totally. So the reactions of the BTC will play an important role in this prediction. Good entry point will be between 875 to 950 Satoshi. Target is around 3000 Satoshi (300-350% profit) stop price is just below 800 Satoshi (10-15% loss) which is a good risk-return ratio. Final words, this is not a financial advice. These are just my thoughts, do your own research and go for the trade.
S
by aman12
1
XRP Going for a Bullish Reversal SoonHere is XRP forming a saucer pattern, we can see that we've probably bottomed out here, where we also have a bullish divergence on RSI strongly signaling a bullish reversal. And it just gets strengthened with it being in the oversold region. We're at the end of the trendline end-we're just too close to the reversal, which may also lead us to new ATHs. Keep a close eye on the volume in the upcoming days and you can see where the resistances are on the chart to take profits at.
Long
by candlesticker7
2
Bullish reversal is near for ETCAs you can see on the chart, we have bullish divergences of RSI and MACD signaling a reversal and the price found a decent support around here. Having some strong resistance to beat before mooning, it still looks like we have a great entry level here. If you zoom out to a bigger chart,you can see etc was already in a long term bull trend until the CLO airdrop crashed it. I've marked heavy and weak resistances based off previous ones, Those are places we might see little corrections, but once we break the neckline on the saucer we may go for ATH in the upcoming weeks/maybe a few months(depending on BTC) Target 1: 230-240k sats Target 2: 340k sats Target 3(Neckline): 375k sats - when this one breaks, we will have much more way to go in only one direction: up!
ELong
by candlesticker7
Teacup Saucer Bottom Near Term BuyThe saucer bottom has been, in my experience, a very reliable bullish chart pattern. We want to continue to use appropriate trend following entry strategies of buying on strength. Therefore, you will want to go long on a breakout of recent highs. You'll want to leave plenty of room on your stop loss given the fast and volatile nature of this cross product. Look to trail stops once in. For a longer term trade and a spot of tea, you may also want to check out the daily chart that shows a well formed teacup with handle.
Long
by chris333
2
Cup & Handle Bullish Medium TermWe can see the reliable bullish chart pattern of the Teacup Saucer Bottom (aka Cup & Handle) provides a strong bias to the upside. The similar hammer candles indicate continuation to the upside, post retracement. A break above the saucer high with a confirming close above this price level for a few days, would demonstrate the probability of a move to test the 143.23 July 15 high (the beginning of the pre-saucer consolidation pattern). Stay tuned. Always feel free to leave me a comment. I love critique, as it challenges my bias and pre-conceptions; go ahead, make me uncomfortable. Then we can all benefit!:)
Long
by chris333
1