In the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1). We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2...
Hi. BINANCE:JOEUSDT 😊Today, I want to analyze JOE for you in a WEEKLY time frame so that we can have a Mid-term view of JOE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). The JOEUSDT is in a Bullish phase by Ascending Triangle & Cup & Handle. - You can look for reasons to enter...
After the recent correction,the previous idea about this cup and handle (which I will link below) which described this pattern as purely speculative because we had not yet started to form a legitimate handle,is now no longer speculative as we have retraced enough and for enough daily candles to consider the current price action a handle even if it breaks above...
Hi On the daily frame, we see a cup and handle, the breakout occurred and then it was retested . The model is ready, it needs liquidity. The Target of a cup and handle is 0.052 But in chart all the targets Stop loss close day candle below 0.039 SL 0.039 1D Attention: This currency is slow moving, it requires patience as well
Handle? With the ETH upgrades scheduled for this spring It should give arbitrum som bullish momentum That light shining on the network may bring extra eyes to $AIDOGE The chart looks constructive , if this thesis plays out.
MSFT on the daily chart shows the price action in the bull run out of the Covid lows then a cup and handle pattern is printed and finally bullish continuation above the level of the cup. Since the cup has a height of $145 and the level of the lip of the cup is $345, the pattern forecasts bullish continuation for $ 145 above the cup's lip at $ 345 and so...
GOOG on the daily time frame showa a cup and handle pattern beginning at the November 21 high from the uptrend out of the Covid "crash" Price has printed the cup and returned to the same price level of about 150 ; A handle is forming now. The cup and handle pattern forecasts a bullish continuation from that price level to the extent of the height of the cup....
MZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and...
BOJ releasing the the interest rates decision on March 19. The CHF Futures (6S) prices are in a trading range, and by other side the JPY Futures (6J) making a gap Thu to Fri. This chart show a huge probability of a short position for the pair, after confirmation of a breakout.
INDIA CEMENT: Momentum Stock This counter is showing VCP(Volatile Contraction Pattern). This may see Momentum, when it crosses 275. SL as 20 SMA (Weekly Close Below) Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
Do you see this massive Cup and Handle formation? SOL will probably flip ETH if this gets triggered! I feel that HTX accident mangled Solana's chart, and in the absence of it, the blue line would probably held as support, which would still be incredibly bullish.
Riddle me that? It could happen in many scenarios of course. It also could take multiple cycles Or ETH just trends sideways from here ? Whilst Sol keeps running to four figures as highlighted yesterday those numbers are attainable this cycle. Or this measured does not even come to close to happening. We shall see... We are just riding these speculative ways.
We are approaching a significant breakout level on #RAY which even though it has run quite hard off the bottom It looks pretty good for continuation Good Luck all
(1h timeframe) DETAILS: after a strong uptrend the price made all time high , at the daily time frame we can see at the top (at the all time high) evening star (bearish reversal candlestick pattern) . The price entered in a strong support and resistance lines (the two yellow ones) , I noticed that the price made inverse cup and handle pattern and broke with big...
I drew this in early Feb, and have since adjusted it with the pullback from 73k, taking into account the cup & handle pattern forming on the weekly. Expect some sideways, downwards uncertainty whilst GBTC outflows continue on the ETF front. As halving approaches closer, the fomo will reignite and blast upwards with the realization that there is not enough btc...
even with this current correction LOOK at those two most recent Weekly candles Nice tails from beneath ... i.e it is being bought up Also very minuscule circulating supply If Gaming goes nuts this can be a four figure coin again.
Jumia Looks good at CMP after long consolidation it making higher higher looks promising
I'm already positioned on RNDR from the bottom of the cup and the handle. From now on, I'll accumulate every strong drop. I'm waiting for the price to drop so I can buy more. I'm expecting new ATHs for 2024/2025, be patient.