Price is moving gradually down in a descending trend and based on the following two emerged patterns, more bearish movements are possible: 1) Symmetrical Triangle 2) Inverse Cup and Handle Suggested future price movement framework could be among 1.098 to 1.092
HARDBTC is creating a huge inverse head and shoulder on the daily timeframe. IF the price will have a breakout from the neckline, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
The price is creating an inverse head and shoulder on a daily timeframe, and now the price is testing its neckline. IF the price will have a breakout and flip the current neckline into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
As I've shown on the chart, two bearish pattern are happened: 1) Head and Shoulders 2) Inverse Cup and Handle H4, Daily and Weekly charts all are suggesting bearish movement.
ETHUSDT is creating an inverse head and shoulder on 4h Timeframe. If the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
Inverse Cup and Handle forming on the $FB daily chart going into earnings next Wednesday. ETF buying with the $NFLX AH 10% jump, hopefully will fill the gab back to $260 and we can add to longs before it continues. PoC of $275.86, this will most likely be my target rolling out my weeklies this week into earnings next week.
Inverse Cup and Handle. Short the retest.
Hi every one Bitcoin / U.S. Dollar the BTC/USD chart has formed a cup and handle pattern which is we can understand that the price is trying to decrease so we must be careful but there is also a matter of the support line which is in the picture if it doesn't break we can not be sure that the price would obey the pattern so in the next few days we shall figure...
Hi every one Euro / U.S. Dollar EUR/USD is forming a cup and handle pattern which suggests that the price will decrease, however the support of the cup might not break so only if the handle's support is broken the price will decrease accordingly. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can...
this is just an update of the previous idea with the rimline of the cup being slanted this time instead of horizontal. Not sure which one would be more valid in this occasion so I'm posting both as both are worth paying attention to. I could see us retesting the 1 day 50ma and if it maintains resistance or we get rejected from it we could see a big rejection that...
We seemed to be quietly forming a potential inverse cup and handle on the 1 day chart here. If this pattern were to validate it has a breakdown target around 7.3k very very close to the macro fibonacci golden pocket. I've also said that in bull markets bitcoin historically has shown it tends to retrace no more than 32-41% during bull market corrections and a fall...
Ok guys as you can see and know that I talked about a correction a lot ! you can guess what I want to say!. Every wave has a lot of waves inside! Lets check it. We have rsi convergence(bullish sign) which is really strong ! and we know that we were in descending for a while and it will do a pullback(Thats not hard to know) so with this one we will hit 9500 area...
I see inverse cup and handle pattern and litte timeframe there also have pattern broadening wedge
Hey Crypto fam, I was just trying to look at XRPUSD on a 1HR chart, and came across an interesting possible inverse cup and handle that maybe forming. First, I was like nah its not possible, but then I was like why not just put it out and get some thoughts on it from people who are looking at XRP. With BTC looking a little bearish currently, I feel there is a...
This is starting to look really ugly for bitcoin now as we are testing the neckline of what appears to be an upward slanted adam and eve double top. If we are to trigger the breakdown here we have a target of 4600-4700 which would be a horrible sign for btc as it would suggest a lower low from are most recent bottom is in store for price action. However we must...