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The Cup and Handle pattern is a bullish technical formation. It is recognized as a continuation pattern, signaling a potential upward trend after a temporary consolidation phase.
The pattern consists of two main components: the cup and the handle. The cup is formed by a gradual price decline followed by a rounded bottom, resembling a cup or bowl shape on the chart. This represents a period of accumulation and a shift from selling to buying pressure.
After the cup is formed, a shallower price correction occurs, known as the handle. The handle is a short-term consolidation period, indicating a pause in the price action before a potential breakout.
Once the handle is complete, and the price breaks above the handle's resistance level, it signals a potential uptrend, and traders often interpret it as a bullish signal to enter a long position. It target is estimated by measuring distance from the cup's bottom to the handle's resistance and projecting it upward from the breakout point.
#OP is trying to break out of the zone and plan will remain the same as mentioned. Wait for a closing above the zone, but market is weakening so risk it accordingly.
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Here's the Analysis of #XLM :
#XLM is been took a multiple rejection from the major resistance zone of $0.1666 - $0.172 and made a symmetrical triangle pattern. Price broke the pattern and but still getting rejected from it. So, its better to wait for the price to flip above the zone or a aggressive sells from $0.155 is good.
5 minutes left! Remember to have your trading pin ready if you have to input one. The next message will be the coin to buy
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30 minutes left until the Mega Pump Signal on Kucoin!
Official Target : 800%-1000% gains
What Are Whales ?
"Whales" refer to individuals or entities that hold a large amount of a particular cryptocurrency. These are typically early adopters, institutional investors, or individuals with significant financial resources who have accumulated substantial amounts of digital assets.
Whales are known for their ability to influence the market due to their large holdings. When a whale makes a significant buy or sell order, it can cause considerable price movements in the cryptocurrency market. Their actions can lead to increased volatility and affect the sentiment of other market participants.
Whales are closely monitored by traders and analysts because their moves can signal potential market trends or reversals. However, it's important to note that not all large holders of cryptocurrencies are whales. Some may be long-term investors who believe in the potential of the technology, while others may engage in short-term trading strategies to capitalize on market movements.
#XRP is been breakout of the small rising wedge pattern and kinda volume is dead. Price is ranging in a tiny range and fall to support Area. Well, Wait for the H4 Candle to the support or break below it.
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6 hours remaining until the Mega Bull Call on Kucoin! Bitcoin forming hidden bullish divergence and holding above the rising trendline, looking perfect for a good bounce. We have phenomenal market conditions and our coin is very bottomed which means the potential for profits will be much bigger. We have all the perfect conditions to execute a massive profitable trade, Read the last posts, have USDT ready in your trading account and be prepared at exactly 4pm GMT today.
Here's a important guide for Kucoin KYC verification , please go through this link in order to verify your account : https://telegra.ph/Guide-for-Kucoin-Verification-07-27
Read pinned post. Stay tuned.
12 hours left until the biggest Kucoin Mega Pump Signal of all time! Everything is looking perfect for a massive call today.
- This time we are expecting gains anywhere from 800% to 1000% possibly even more as we already told you, our old whales have joined forces with new and even bigger whales, who will be pushing price up for hours.
- We will be using the USDT pairing, make sure you have USDT in your trading account to buy the coin.
- Hundreds of thousands of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- Our call will have many waves as our whales will be buying with our members to support the price, there will be a lot of possibilities to profit during the call!
- Millions of traders worldwide will be watching and buying, we have put into place a few measures to spread the word out after our signal all over social media, we will attempt to make our gains last as long as possible.
We have put together a small guide on how to trade our signals effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/Guide-for-trading-on-Kucoin-09-29
Read pinned post. Stay tuned.
Dear members,
The big day has arrived. 24 hours remaining until the biggest pump signal of all time on Kucoin! The target this time will be 800%-1000% and beyond. This is one pump that you will definitely want to join for massive profits.The market conditions are perfect.A big pump is about to begin on Kucoin in only 24 hours, be prepared.
We have put together a small guide on how to trade our signals effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/Guide-for-trading-on-Kucoin-09-29
Read pinned post. Stay tuned.
The Trend Accumulation Score by Cohort below shows that the smallest entities (<100 #BTC) have slowed down their spending over the last month. On the other hand, the whale subdivisions (>1K #BTC) demonstrated divergent behavior, with >10K #BTC whales distributing and 1K-10K accumulating at a significantly higher rate.
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Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-08-04)
https://www.binance.com/en/support/announcement/1b01b15e40054bc4868e4b9713cced80
#FIO/USDT breakout confirmed, getting ready to pump hard 🚀🚀
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By excluding Exchanges from the data, we focus on transactions solely between Whale entities and exchanges. The chart illustrates that the total balance of Whales has decreased by 255,000 #BTC since 30th May.
This decline marks the most significant monthly decrease ever recorded, amounting to -148,000 #BTC Per month. It suggests notable changes are occurring within the #Bitcoin Whale group, warranting further investigation.
#BITCOIN WEEKLY UPDATE :
#BITCOIN on Weekly, goes on the same direction as expected and falling. Well, We'll have clean traffic to the left move, and we already told that market show some bearishness. Well, Today is Weekly Candle closing, and keep an eye on it as closing below $29,500 will lead in further drop.
Guys our posting bot malfunctioned in today's Kucoin signal and was not able to send our coin link in all our telegram and discord groups which heavly effected our volume and gains in today's call.
We deeply apologize for this inconvenience and in return, you can be assured that the next pump will be dedicated for our members. you can be sure the next pump we do will have much greater results, and that every single person in our group will be able to make a good amount of profit, Stay tuned for the official announcement.
Hold on tight, we’re about to go much higher!!
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The coin we have picked for today's Mega Pump Signal is: VERSE
https://trade.kucoin.com/VERSE-USDT
Buy and hold for massive profits
1 hour remaining for our biggest Kucoin Mega Pump!!
We expect the biggest volume yet, as all our whales will be constantly buying and pushing towards new highs. We’re ready for a 800% - 1000% move (at least), guaranteeing the maximum profits for all our members. Make sure to hold after market buying, as the second and third waves are always the strongest (which could reach up to 1500%, 2000% or higher). Expect a powerful and long lasting pump today, be prepared!
This coin will ONLY be available on Kucoin and USDT Pair.
3 hours left until the Kucoin Mega Bull Call.
This is a basic step-by-step-strategy for new members:
1. Ten minutes before 16:00 PM GMT have Kucoin.com, Telegram open.
2. At exactly 16:00 PM GMT, there will a message including the name of our coin in our Telegram channel.
3. After we announce the coin, buy it with USDT on the spot market.
IMPORTANT: This coin will ONLY be available on KUCOIN and on USDT pair, get ready for huge profits!
Whale entities have seen their aggregate balance decline throughout #Bitcoins history. The chart below reinforces this, with #Whale entities accounting for 46% of the total supply, down from 63% in early 2021.
It is important to note that here, Whale entities will include exchanges, as well as large centralized holdings such as #ETF products, #GBTC, #WBTC, and corporate holdings like #Microstrategy.
#BITCOIN DAILY TF UPDATE :
#BITCOIN finally gave a breakout below the structural support or we can say a range which hovering over the month. The zone is been tested as resistance already and price might tap it again and hodl below it before falling as we've clean range looking left.
Here's the Analysis of #BNB :
#BNB is been consolidating between the major support zone of $209 - $220 and Resistance Area of $253 - $262. Small Channel pattern we can see where price went too major resistance again. Its waiting time for the #BNB. Short sells at major residence possible.
What is Descending Triangle ?
A Descending Triangle is a bearish chart pattern commonly seen in financial markets, including the cryptocurrency market. It forms when the price of an asset creates a series of lower highs, forming a descending trendline, while the lower boundary, known as the horizontal support level, remains relatively flat. This results in the formation of a triangle pattern.
Traders and investors interpret the Descending Triangle as a potential bearish continuation pattern. As the price consistently makes lower highs, it indicates increasing selling pressure and a reluctance from buyers to push the price higher. When the price breaks down below the horizontal support level, it confirms the pattern and may lead to further downward movement.
To identify a Descending Triangle, traders look for decreasing trading volumes during the formation of the pattern. A breakdown with a surge in trading volume further validates the pattern and increases the likelihood of a bearish trend continuation.
#ARB did gave a Breakout twice but didn't gave any daily closing yet, and this is why sometimes Daily Candle closure is important. Right now, price is trying to break below the zone again. If the Daily closes below then we'll look for sells after that.
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#BTC dropped after a shallow retest of the resistance back to the structural support zone and might continue to push lower. Now its a waiting time, if we break and close below $29,000 then we can see a clean move down till $26,000.
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Guys don't miss out #FIO
It can pump like #WING anytime soon 🚀