Get started

CUP

ADAUSD Update on Recent Price MovementsImportant things to note: BTC is on its way to completing its cup and handle pattern with around 100k target. TOTAL2 Started its consolidation following the impulse on NOV 10th (This is not bad). ADA has shifted its trend to upward moving. ADA is starting to work on the 2nd side of its basing pattern. There has been a few months of consolidation for ADA, this will do it well in the future. Spot ETF got denied by SEC (no surprise there) They will instead launch futures ETF like everyone else. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So I hope everyone is doing well. BTC is almost at its completion of the cup and handle pattern I have been waiting for. This will create the target of 100k like I have said before. ALTs have started their consolidation after the Nov 10th liquidity event. This is very good in my opinion because the PA was looking a bit high a few days before it occurred. This will give the alts some time to relax prior to another push. ADA is right on track for its basing pattern I mentioned a couple weeks ago. The 200MA is heading upward, and I would like to see a test of it before things really get going, but I do not know if I am going to get that. It would likely send the price higher quicker, but I am ok with the slow grind as well. All of the consolidation from the formation of the basing pattern will pay off well. We can see that right after the push upwards, the liquidity event stopped the bull flag right in its tracks. However, it is important to note that though the horizontal trendline that served as resistance for so long has turned to support. Not only that, the trendline has been tested a few times now, and the price seems happy above it. Either way, this does not change much. Worst case scenario the price will still be in range to complete the basing pattern and best case scenario the basing pattern gets finished quicker. There doesn't really seem to be that much downside at this moment. I am keeping an eye on ADA, and though have been busy, I try to keep you up to date on what is going on if I see something important. Overall the market looks fine! I will be trying to put out other charts on assets I like so stay tuned! Thanks again everyone!! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
28
HBARUSDT Showing Nice Bullish StructureSo this is an asset I don't believe I have talked about too much here. A close friend of mine had me look into this awhile back and I have been in it ever since. There are a few good things to look at, first we can start with the flagging pattern. Next we have a cup and handle. The targets here are .57 ( a level hit previously) and .75. I really like the overall structure of this asset and I'm sure it will do great things in the coming months. Thanks again everyone!
Long
by mysticalwalrus
10
ADAUSD Break To Upside and Key AreasImportant Things To Note: The overall market speaks for itself. I have said it many times, we are in for a ride. BTC looks great. I have a target of 100K for this leg from cup and handle pattern. All of the Totals reaching ATHs ADA has finally broken out (we knew it would). It should follow the map I laid out for you guys in previous posts. ADA will finish its cup. Expect consolidation near resistance. (not too much) Volume will need to fill. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So things are looking great for the market. I told you alts would start moving sooner than you thought and they are. There are plenty of opportunities and I tried to give you a few while you waited for ADA to breakout. I have a cup and handle target that was made a few days ago by BTC of around 100K (looks like PlanB is going to be right again). The structure of ADA turned bullish and when I saw the confirmation, I let you guys know in an update. I hope you read it. Just like I had planned, we got our breakout and are currently seeing the formation of our cup. There will be consolidation along the way, however its looks pretty good until we hit the resistance I marked on the chart. From there, the volume will need to fill a bit. A lot of you wanted to sell ADA, however if you spoke to me directly you know how I felt about that. This is a great example of keeping your emotions in check. You knew ADA would break out. The pattern was right there. I mapped it out as clear as day. So, if you couldn't control yourself, consider this a learning lesson. Now, like I said before, sit back and enjoy the ride. As always, I will keep you in the loop with what I see. Thanks again everyone! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
COINBASE:ADAUSDLong
by mysticalwalrus
58
VETUSDT Cup and Handle TargetAnother quick chart for you guys! This is another asset I have mentioned to my followers in the past. It has started to break out after its consolidation. The target provided was made from the last cup and handle pattern we saw. The target is 20 and was made by adding the depth of the cup to the top of the pattern. I believe this asset will fair very well during this last leg of the bull run. This is only the first target by the way. When we have some other patterns, we will be able to create future targets. Thanks again everyone!
Long
by mysticalwalrus
19
CMC - Infrastructure Bill Fueled Breakout - Industrial SteelNYSE:CMC - this company is in the correct sector to directly benefit from the infrastructure bill. It is forming a Cup basing formation. If the market reacts positively to the news of the Infrastructure Bill getting signed, the vertically integrated steel producer stands to benefit from all of the national construction products that will ensue, especially if the administration keeps its promises about using domestic materials and labor. Basing Formation: Cup - depth ~22% - duration ~ 14 weeks Pivot Point: $36 Target: $40 Stop Loss: $32.5
NYSE:CMCLong
by MakeMoneyCoESTB2020
ONEUSDT Moving Closer to BreakoutWe have the first target from a cup and handle. The second target is from the flagging pattern. The asset looks ready to run soon. I have been talking about Harmony for awhile now with my followers. So I thought I would give you a little update. Everything is looking great and I expect big things from this asset during the next leg of the bull cycle. Tomorrow, I will chart PBXUSDT, VRAUSDT, or VETUSDT. I will pick from a hat lol. Thanks again everyone!
Long
by mysticalwalrus
21
MTVUSDT Basing Patterns Minor TargetImportant Things To Note: Multiple basing patterns are fueling the engines for this asset. Minor Target of 0.37. I expect this asset to move heavily this alt season ETH just made ATH, alts will start to follow. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So, anyone that follows me knows I love MTV. Their metrics look great, however I wish they would do a bit more marketing. Despite that, I still expect this asset to do well the last leg of this bull run. There are plenty of basing patterns which should fuel the upward momentum. There is a minor target of 0.37 from the last cup and handle. My followers wanted me to do charts on my other assets I mention so here it is! If you can't tell why I like it by now, just look at the chart. Enjoy!
Long
by mysticalwalrus
19
ONEUSDT Cup and Handle TargetI am doing this chart as a request from a follower. I have mentioned this asset previously when the cup and handle was still forming. The recent high transactional activity is what caught my eye as to it being a likely candidate for smart money investors. Though ONE might still be flying under the radar a bit, I figure it won't take them too long to catch on. ONE has made quite the comeback as of recent which I am happy to see since I believe it is a great platform. The Cup and Handle produce a target of roughly 0.40. This was calculated by taking the depth of the cup and adding it to the top of the cup. There is also a nice bull pennant which has pushed the price higher. I am sure this will move greatly in the coming months due to its strong fundamentals, high transaction rate, the accessibility of it, and the patterning. Thanks again!
Long
by mysticalwalrus
8
GME TO THE MOON SOON! 🚀🚀🔮 LFGThe long term consolidation is fucking insane. It is wedging at a very nice form. A breakout could happen before November 15th. The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to cover because everyone could only sell and they'd be stupid to cover. What is different about this time? People are buying actual shares in their own name... now leaving it in the hands of retailers rather than brokers. Meaning if prices go as high as 400 again, shorts WILL cover and skyrocket a shit ton even if brokers restrict trading again. What's more is that we saw a massive cup in the middle of the wedge. I may be grasping straws here but we are in on overextended handle the just needs to break the resistance for it to fly. While this is a slight stretch, on cannot deny the wedge formation is looking good. GME to 1k🚀 APES NEED TO GATHER. LETS GET THIS BREAKOUT AND FLYYYY
NYSE:GMELong
by CheckMatted