Do cup and handles work on a hourly chart of this length? If so then maybe we are in a cup and handle for LINK/BTC. I dont know what the correct calc is for the Target price for profit taking, but if it is anywhere near the depth of this C&H then THE RICHNESS :)
could be some ups and downs before liftoff. MAs look good.
HANDLE NOW FORMING. Target $300. Buy around $134.
Looks like a big one. We are at the end of the handle, formed with a decent shakeout. The handle is above some key MAs, and its formed over a good length of time. Volume is decreasing suggesting a breakout imminent. We may break upwards here...
This looks good. ETH is above 89MA = bullish. Short down to 506 or go long from around 506, or both; it could be good if it stays in this range. Given bullish trend, it could breakout to the upside. Or none of this may happen at all. ;)
just bounced off the upper trend line, and could hit the lower before it sets sights for highs. Trade within this range may payoff. This could break out of this channel in either direction. Take note of the 21MA. XRP likes to hug this. Also look at the 50MA relative to the 21MA and the associated price action for clues.
As a continuation of a downtrend or a reversal pattern, the descending triangle is bearish. In this case it is a reversal given the parabolic rise of recent. It is likely this pattern holds true and breaks down.
XRP in a symmetrical triangle. Overall trend is up, so this likely will break up above 0.6. I am probably doing this wrong, but if the hourly works like longer duration, then we may see a rapid 16% up here.
Looks like an uptrend in play, albeit short lived? Personally I would maybe enter under the 21MA, say 0.59 - 0.595. Practice proper risk mgmt, and SL at 2% MAX. DONT GO BROKE!~
TP 0.666 for LONG.Then we shoot for ATH without much stopping. This is the psychology of markets. Nuff said
H&S seems to be forming on the 4hr XRP
If this is forreal then we can expect a higher probability of an upside move. This will be quick and the length of the prior pole almost STRAIGHT UP. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get.
BINANCE:XRPUSDT Might drop here given this well shaped H&S
remember that in this game, History Repeats.