ChainlinkLong
CHAINLINK Cup and Handle formation
Not sure which cup and handle to take because i am not picasso. But u may agree on what I see
Target 1: $22.50
Targer 2: $25.00
However you like to draw it, we have confirmations now of a cup and handle formation on the longer time scale.
CUP AND HANDLE RULES:
The cup can be spread out from 1 to 6 months, occasionally longer. Ideally, the handle will form and complete over 1-4 weeks.
After the high forms on the right side of the cup, there is a pullback that forms the handle. The handle is the consolidation before breakout and can retrace up to 1/3 of the cup's advance, but usually not more. (Caution: WE DID WICK MORE)
Not your financial advisor,
Like would be appriciated so I will post more ideas.
Target 1: $22.50
Targer 2: $25.00
However you like to draw it, we have confirmations now of a cup and handle formation on the longer time scale.
CUP AND HANDLE RULES:
The cup can be spread out from 1 to 6 months, occasionally longer. Ideally, the handle will form and complete over 1-4 weeks.
After the high forms on the right side of the cup, there is a pullback that forms the handle. The handle is the consolidation before breakout and can retrace up to 1/3 of the cup's advance, but usually not more. (Caution: WE DID WICK MORE)
Not your financial advisor,
Like would be appriciated so I will post more ideas.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.