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Ethereum price has formed a bullish pattern but needs to breach the resistance around $3,326. The CMF indicates that the market is buying the ETH dip and supporting the price forecast. With ...
Given the new uptrend and the strength in Gold, its quite reasonable to assume Silver returns to $49. Should Silver form a cup and handle pattern, then once it surpasses $50, we can project a ...
The inverted cup and handle pattern is a bearish signal that often precedes a significant price drop. If the pattern plays out as expected, XRP could see a steep decline in the coming weeks.
Cloudflare shares carved out an 11-month cup and handle before breaking out above the pattern’s top trendline late last month, signaling a continuation of the stock’s longer-term uptrend.
Furthermore, the recent 50% price rebound from June 18’s local bottom of $11.82 forms an inverted handle, as shown below. AXS/USD three-day price chart featuring inverted cup and handle pattern.
Notice that the left side of the pattern begins in November 2012, after a 60% rally off the lows. This is positive because proper cup and handle patterns should not form at or near 52-week lows ...