Cup & Handle 30mXRP cup and handle.
Breakout or retest of further downside support imminent.
Who knows?
Good luck.
Handle
Lend is forming a Cup&handle pattern!Clearly made it and heading to achieve high targets
• neck line price is a short term target
• second line price is the mid-term target
• highest price line is a long term target
Follow us in Twitter for more updates!
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
#CDSL #CUP WITH HANDLEIS CDSL MAKING CUP WITH HANDLE? BREAKOUT IS ALSO WITH VOLUME INCREASE, PLS COMMENT
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.
Possible Downward Tilted Cup & Handle On Altcoin Total MarketcapNot sure how often ones that have his much downward tilt actually trigger but something worth keeping an eye on all the same. Neutral until I see confirmation fo some sort of breakout.
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)
Litecoin making crazy gains against btc; ltcbtc forming c&hLikely due to the halving that's set to occur in August I believe.
How about a big cup of NEO? [40%PP]NEO is forming a big cup & handle since november 2018 and printed a higher high. Upon a confirmed Fib break it will rocket towards $20.
Besides some resistance at 16$ (14% from now) the path is open for that 40% profit target on wave 3.
Let me know what you think!
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.
Potential cup and handle on trx can take it to .044 centsWaiting for confirmation first of coursen but it seems like confirmation is about to arrive.
Would you like a tea? - Cup and handle pattern. Would you like a tea? - Cup and handle pattern.
will it be confirmed?
If yes, bitcoin will go to $ 10,000
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.
Classic cup&handle break of supportAEX formed a perfect cup and handle and subsequent broke through supporting neckline.
Targets might be any of the lines drawn, depends on how US markets will close.
