Long
A STORM is brewing.
DYOR
Cup has fully formed and handle is in the works. Look for a breakout equal to about the depth of the cup, but only if the handle completely forms. In the interim, I think we may see a drop in price to the 570-590 rang to form the bottom of the handle. For the handle to form completely, we need to see it hit 640-650 in the next week or so. Volume as always, is key to any breakout. Expect to see people taking profit in the 800+ range, but many are long on this and will hold expecting 0.25 - 0.50 in the next 6-12 weeks. Not financial advice.
Cup has fully formed and handle is in the works. Look for a breakout equal to about the depth of the cup, but only if the handle completely forms. In the interim, I think we may see a drop in price to the 570-590 rang to form the bottom of the handle. For the handle to form completely, we need to see it hit 640-650 in the next week or so. Volume as always, is key to any breakout. Expect to see people taking profit in the 800+ range, but many are long on this and will hold expecting 0.25 - 0.50 in the next 6-12 weeks. Not financial advice.
Anmerkung
charted cup and handle pattern invalid.... could see a larger cup forming or we just saw a bull flag/pennant break. Volume is strong and steady, just what any coin needs on a breakout.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.