Long

HMQ Cup&Handle pattern

Aggiornato
The price has overcome Fib 0.382 resistance and is on it's way to form Cup&Handle pattern. Stoch RSI indicates overbought state, wait till the price consolidates a bit and buy for a short term trade.

Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear Power, Exponential Moving Average (10, 30, 200), Hull Moving Average (9)) show a further growth.
Nota
Double bottom which we mentioned in our analysis is forming. From the strong support around 0.0000255 will be rebound till the upper edge and the price will reach our targets
cupandhandlepatternFibonacci RetracementHarmonic PatternshmqHMQBTCTechnical IndicatorsskyrocketskyrocksignalsTrend Analysis

Access private PineScript strategies and turn alerts into orders with easy-to-set up bots

Trade smarter:
skyrexio.com

🔥 Win share of 20,000 USDT in Skyrexio x Bybit competition
bit.ly/skyrexiobybit
Anche su:

Declinazione di responsabilità