What is an ‘inverted cup and handle’?
An ‘inverted cup and handle’ is a chart pattern that indicates bearish continuation, triggering a sell signal. Think of it as an upside-down cup and handle.
If you look at the regular cup and handle pattern, there is a distinct ‘u’ shape and downward handle, which is followed by a bullish continuation. This means the inverted...
Lets look at all the facts of BTC regarding TA.
On the monthly chart– We have had a evening star formation. This is a Reversal pattern.
Weekly chart – We are in a weekly sell range and Btc is making Lower lows and Lower highs. Currently in a down trend.
Daily – We are in daily sell range.
BTC is bearish for the time being. We have liquidity squeezing inside the...
Hello guya i had find this trade setup 4h timeframe which made double top in 4h and broken trendline we are getting a good opportunity to short with above sl and tg at near support and plzz do our won analysis before taking any position if you like my analysis plzz like share and follow thank you
The previous support which was about $43400 has been broken. However, BTC tried to retrace but failed. The next support for BTC is at $28800. If I'm not wrong we will see it soon. Hope this to be one last hit before BTC moves back to $43400, and break it as well in uptrend.
in this chart I tried to explain the Demand and Supply levels which one should keep in mind for Entry and Exit points.
One should have observed Volume moments which already suggested heavy fluctuations which i explained in chart.
I also tried to explain the points at which one should already have made exit at some levels.
In the Channel Range,,, There was support...
Currently, BTC stays on its strong support at $45,000, if break from here:
BELOW: possible target will be $29,500
ABOVE: possible target will be $64,200n
So, now wait for the market move>>>>> USE 2 R/R ratio & 2% risk per trade
first short side trade till current harmonic patters PRZ level. and ones you get reversal from that PRZ one can long from that level with stop loss.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before...