BTC – 1-Hour Time Frame – Cup and Handle Chart Pattern
The Cup and Handle pattern formed on the BTC 1-hour chart, starting on March 20, and has now completed. Based on this pattern, what type of trade would be suitable—day trading or swing trading?
I’d appreciate an expert opinion on the best trading approach.
$RLC /USDT is showing weakness after failing to hold higher levels, currently trading at $1.237 (-0.64%). A breakdown below key support could trigger further downside.
📊 Trade Setup: • Entry Price: $1.237 • Take Profit (TP): $1.180 • Stop Loss (SL): $1.260
⚠️ Outlook: Momentum is fading, and increased selling pressure could lead to a deeper retracement. Keep stops tight to manage risk!
Cn guide me on setting TP levels? I might hve dne smethng wrng. I set TP levels using the 'Close' opt n allocated 25%, 50%, and 25%. After tht, I set my TL n SL, seems smthng wrng
GK-ARONNO
--
TAO/USDT🔥🚀
$TAO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 213. #TAO
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are heading for stability above the 100 moving average.
Entry price: 262 First target: 294 Second target: 319 Third target: 354
$TROY has surged over 30% in the past 24 hours, showing strong bullish momentum. Current price action indicates a possible continuation if volume sustains.
Entry: $0.00145 - $0.00150
Targets:
1. $0.00160
2. $0.00170
3. $0.00185
Stop Loss: $0.00135
Key Levels:
Support: $0.00140, $0.00130
Resistance: $0.00155, $0.00170
Pro Tip: Watch for a retest of $0.00145 as support; if it holds with rising volume, a breakout towards $0.00170 is likely. Avoid chasing pumps—wait for confirmation.