Inverted Cup and Handle
Inverted cup on ETH 1HHi and welcome to this Analysis on ETH on the 1 H chart.
Following its massive rally all the way from 1700$ to 3300$, ETH has entered a range-bound period at 3000-3350 $ area.
With 3350 $ being a tough resistance, ETH has failed to break it and has formed several peaks under that value.
Thus, forming sth like an inverted cup-handle on this 1 H chart that can be a good shorting position for scalp traders.
upon breaking down the upper support the first target will be the strong support at 2950-30
Bitcoin breakout from falling wedge patternYesterday , I posted that there was an inverted cup and handle pattern forming in 1H timeframe of BTC, but since we are in an uptrend since last week, the probability of inverted cup and handle pattern forming completely and breaking it's neckline, is quite low. Within the inverted cup, there was a falling wedge pattern and BTC broke out of that wedge an hour ago. I think it's safe to enter into a long side trade at the retest of wedge pattern with target1 as 42000 and targe
Inverted cup and handle in BTCOn June 14, we witnessed bitcoin breaking out of it's flag and reaching its 40,000 resistance. As we can see that bitcoin has been rejected by the 40,000 resistance multiple times and eventually started moving down. What it looks like to me is that there is an inverted cup and handle pattern forming in 1H timeframe. If this pattern is completed then we might see bitcoin touching it's 30,000 resistance and if it breaks out of 30,000 resistance as well, the next stop of bitcoin wil
Inverted cup and handle formation in BTC | El Salvador impact?Quick glance: It has been a crazy past 24 hours for BTC. At one prices crashed more than 10% across the spectrum. Then it rebounded again. Then came the historical decision by El Salvador to accept Bitcoin as a legal tender.
Our previous analysis on BTCUSD covered the dip yesterday.
Market in the last 24hrs
BTCUSD witnessed a major dip and then a quick rally. Trading volume has however reduced consistently during the past 24 hours.
Today’s Trend analysis
BTCUSD seems to be forming an inver
BTCUSD | June, 2021 | ProgressionThis idea for BTC progression is based on:
- first dip / correction with an inverted shoulder formation
- and immediately forming an inverted Cup
- with another recursive inverted cup on the way
There by suggesting a general downtrend progression,
until reaching a support below its immediately previous correction.
And then proceeds to bounce back with an expanding wedge .
PS: I'm a beginner, all suggestions are welcome.
Cheers!
ETH Progression | June, 2021This idea for ETH progression is based on:
- first dip / correction with an inverted shoulder formation
- and immediately forming an inverted Cup.
There by suggesting a general downtrend progression,
until reaching a support below its immediately previous correction.
And then proceeds to bounce back with an expanding wedge.
PS: I'm a beginner, all suggestions are welcome.
Cheers!
its forming inverted cup and handle pattern. after breakoutits forming inverted cup and handle pattern.. after breakout of 53.60 resistance line .. it will move towards 48.60 and fill the gap on the downside. the it will move toward recent high...
i may be right or may be wrong .. take your own risk and analysis
SUPER BEARISH AMARAJA BATTTERIESFORMING Inverted cup and handle . Seems Super Bearish. Will start accumulating at DIP for long term.
AShort
Bank nifty Post market analysisPost market analysis
Broke yesterday's symmetric triangle and through decending channel breakout, inverted cup & handle is formed
BShort
BAH might just soarSo I spotted BAH a couple months back in a scan. It was a strictly technical play. I've been keeping an eye on it and today I pulled up the (D) and noticed that earnings is in May. I spy an inverted head & shoulders. Do you see it too? I'm sensing it's gonna soar upwards 90. May not be a perfect straight line up, but up it will go. What are you thinking?
Bharti Airtel Chart Analysis Bharti Airtel rounded top formation completed and but got support from the 400
First perspective
According to the analysis
1, It got support from 400, that is very strong support zone (360-400)
you can check monthly and weekly time frame to get an idea
2, Break down of this support zone, will leads to 275 target then 225 will hit (note: will take more than 6 months to hit the final target) (Higher chance)
3,next week is very crucial for bharti Airtel, weekly close above 420 will leads to min tar
USDJPY, 4hr tf, sell inverted cup and handle breakoutHello my friends,
I hope you all enjoy your weeked and had a great thanksgiving holiday.
I am gonna share my trading plan for next week to you all guys.
Monday gonna be the end of November so we will pay attention to it as it is going to be a key candle for some pairs.
Some pairs need a confirmation on this November candle close to determine the direction.
First trading plan for next week is USDJPY pairs.
As you can see the last 2 weeks, JPY has been very weak against USD compared to others m
BITCOIN Inverted cup and handle formationBITCOIN
Is about to make a inverted cup and handle formation which is a clear sign of the bearish trend. We have predicted that pattern in lower timeframe and the downward move will be limited to the particular points. In inverted cup and handle pattern we have a two short opportunities one is from the bottom of the cup and and the second one is after the minor rebound correction which is a handle formation.
COMP Inverted Cup & Handle - my first short?New to trading and still learning to properly chart, but spotted this inverted cup & handle that looks like it may play out soon for COMP.
Thinking of shorting the break down at $146, then measured move down to $110-120.
Am I think about this correctly?
Thanks. :)
CShort























