EZ_money
Stock Prince
:
not really problem with that is your handle is basically straight, handle comes down so this rally already makes that play invalid your monthly showing triple top, add in all the indicators this is not even coming close
LuckyLuke
OP
EZ_money
:
there's no triple top patern on monthly. Handle attached to the cup is completely valid so far and can last from 7 to 65 weeks. Anyway everyone will be watching this ~70k resistance level. Volume should keep decreasing durring the handle period until it comes down to an appropriate level price to break resistance. Basically nothing new just watching and waiting and day trading on 15 seconds time frame
Stock Prince : That’s a beautiful C&H! Target $120k![dart 🎯](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f3af.png)
![rocket 🚀](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f680.png)
EZ_money Stock Prince : not really problem with that is your handle is basically straight, handle comes down so this rally already makes that play invalid your monthly showing triple top, add in all the indicators this is not even coming close
EZ_money : not too mention that's years of chart and you expect the handle to play out in just a couple of months![joy 😂](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f602.png)
![rolling_on_the_floor_laughing 🤣](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f923.png)
LuckyLuke OP EZ_money : there's no triple top patern on monthly. Handle attached to the cup is completely valid so far and can last from 7 to 65 weeks. Anyway everyone will be watching this ~70k resistance level. Volume should keep decreasing durring the handle period until it comes down to an appropriate level price to break resistance. Basically nothing new just watching and waiting and day trading on 15 seconds time frame![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Sg-Jin Stock Prince : Nah will be much higher.
Rate cuts will come.
Excess liquidity in the system has to go somewhere.
EZ_money LuckyLuke OP : see message above![rolling_on_the_floor_laughing 🤣](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f923.png)
EZ_money LuckyLuke OP : actually there's no time frame for a cup and handle. time neither validates or invalidate a cup and handle
EZ_money LuckyLuke OP : that's definitely a triple top especially if someone keeps trying to pump this up breaking resistance and succeeds
EZ_money LuckyLuke OP : look at the end of the daily chart you're in a cup and handle now, unfortunately for bulls you're hitting resistance
EZ_money LuckyLuke OP : notice how there's no spike back up after the initial drop, handle clearing coming down, then the rise up