IDEX/BUSDT - cup with handle + inv head and shouldersHello everyone, analyzed the IDEX/BUSDT pair
The formation of a cup with a handle, as well as the possible formation of an inverted head and shoulders pattern.
It is worth noting that there is a small price gap on the 4 hour timeframe. Algorithms cover such areas. So I think the formation of an inverted head and shoulders is more than obvious.
To understand this, the price must consolidate below the resistance level for at least 1 day on the daily timeframe.
There is also a second option, it is a breakdown of the resistance level, and the price goes beyond these boundaries.
Target on the FIBO grid.
Stop loss - everyone chooses for himself, following his own trading system.
"This is just my opinion, trade with your trading system
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Write your opinion, whether there is a place to buy here, and open a long position
cup with handle + possible inverted "head and shoulders"
CUP
$CTRM Castor Maritime: The cup is starting to take shape! $$$$$$CTRM, company in the dry bulk shipping sector. Currently expanding considerably in material. In the coming days we can expect earnings from this great company with potential. We also managed to reach the 10/10 days for compliance by quoting 10 days above $ 1. The cup is starting to take shape and so all signs point to this stock being hugely bullish!
Usd jpyexcept to pivot Resistance( Red horizontal line) USD JPY if growth to up to triangle pattern can have a Cup pattern and continue the bullish trend
but USDJPY now in a triangle pattern so wait to break this pattern ,
if Usdjpy fall to downer of triangle can fall to 103.693(Ichimoku clouds target ),
I guess to falling , because previous rising but my guess not create trends.
sorry for grammatic issues
I'm using English version of tradingview so I should use English for communicate
thanks for commenting & like.
Clear cup and handle pattern I believe this is a bullish pattern forming - cup and handle - also touching the 20 ma
ETH NEAR FUTURE!!!***THE FOLLOWING ARE JUST MY PERSONAL IDEAS AND THE OUTCOMES OF TRADING BASED ON THESE ARE ALL ON YOU, THANKS***
Bullish market, forming n inverse cup n handle.
Currently bottom of the channel of the handle
Best entry point will be around 1800-1810 to price targets of 1850 with stop loss aroun 1780
SNDL Long curl on the 1HRAfter last weeks rug pull we are seeing the stock have a slow squeeze back into the upside with a 16% short float. i'm still long bias on this stock as we are holding the 1.23 major Resistance. looking to take this up into $7.98-8.00 territory for a swing trade over the next few weeks but also looking for this to go long for the rest of the year into $20+
BTC cup formation with a potential of $51,000 Bitcoin is starting to find it's footing in the markets. It has been a volatile asset class and will continue to be, albeit maybe not as volatile. The bankers don't want this to take a strong foothold and Yellen is Anti-Bitcoin. Most of the central bankers and elites are pushing this narrative to keep control and create their own digital dollar or currency the twill be centralized for control. I believe people are waking up to their plan and even top CEOs and others are buying into BTC as a store of value. Long term this is a logical play, some may say it is highly risky and I say compared to what? The US dollar? This is a fiat currency backed by rainbows and butterflies...there is constant printing on a never-ending currency that is being debased like crazy, NO! I say BTC is the most risk adverse of the asset classes and has done the best for over a decade, its time is still to come. Long term as I am not a trader of crypto!
SXP Double Cup Pattern PredictionWith the ongoing situation of altseason, I have managed to catch that pennant and cup formations are the most succesful ones in the mid-term investment, right now we have BTC.D Dominance at %61 levels which can be considered as relatively high compared to the bull run in 2017. In case of BTC Dominance to hit 59 levels, Head and Shoulders will be activated with the minimum of 10 points of decrease. So in that case, I am expecting SXP to pump between 5-9$ channel. Well, this case is optimistic one with the rule of ceteris paribus, not a financial advice just for the means of education.
YFIUSDT is about to break a CUP formationHey all,
I'll keep it short. Look at the weekly and the daily charts. We are above the previous highest WEEKLY close right now and heading up to test the previous highest DAILY close . MACD is curling up in the daily. What usually happens is that we break a previous resistance and come back to test it. So, I expect YFIUSDT to test the previous highest daily close and come test the previous highest weekly close. Then? Once we get a close above the previous highest daily candle, the sky is clear.
I estimate price to up as high as $63,000 and I got this target by assuming the price will move up the same amount with the depth of the cup.
This is NOT a financial advise. I am just sharing my analysis with you to get a feedback from the community.
Thank you!
SERUM (SRM) is breaking a CUP formation and eyeing $6.38Hello everyone,
This won't be a long post. Because the chart is very clean.
SRM/USDT tested the previous highest WEEKLY close last week and broke past it this week. We are testing the previous highest DAILY close now.
The most likely scenario is that we make a close above the previous highest daily close with the momentum coming, but retest the previous daily close level. After that the sky is clear. If the price moves up the same amount of the depth of the CUP, it should go as high as $6.38. Can't be more? Who knows.
This is definitely not a financial advise. Make your own research. I just wanted to share my analysis and get some feedback on it.
Thanks!
Palantir c-update 2.1Slowly finished the expected cup.
After the formation of the shape, if the exchange rate successfully erupts from it, an increase of the same volume as the height of the cup can be expected.
Bull on the springboard. (:
Good luck to everyone.
(A little correction: I corrected the yellow line because it shifted from what I had previously communicated and wanted to keep the credibility of the previous estimate.)