iEXEC (RLC) Update: What's up with that Cup & Handle?....ready to go up or go down? Read it here.

in #bitcoin7 years ago (edited)

I had posted this analysis six days ago noting the cup and handle formation. The key was stated that price had to bust out of the handle channel, in other words rise past the upper trend line.

https://steemit.com/bitcoin/@haejin/iexec-rlc-rlc-analysis-wow-cup-and-handle-bullish-or-bearish-see-the-blog

We now witness the birth of another breakout. This child shall have vigor and grow like a bean stock to take prices perhaps in excess of $1.72.

NOTE: The caveat to any bullish posts is that BTC topping needs to be watched closely!


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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thx for sharing

Thank you for update keep ıp the good work you re absolute legend

Are we just....pedestrian to you? My goodness. I feel like I was just ok at this, and now after watching and studying and practicing, I feel like I'm so much further ahead than I was, maybe even good at it.....but cheese and rice my friend, your radar must be pinging like I couldn't imagine when you're analyzing these charts. Fuck it, you're getting paid again. Thank you for sharing your experience and knowledge, seriously. And you keep me entertained too. Respect.

Hi Scarlet, after five years I thought I was good and after 10 I thought I was great. Now, after 15, I realize I'm still improving. :-)

Words of wisdom from the true master!

Hah. Thanks for sharing your wisdom. I am actually now interested in learning this stuff myself. And anyway, as soon as this starts paying off for me your donation is on the way!

Thus is life and any endeavor you truly submerse yourself into. The bigger you build the fire, the more darkness you reveal.

Put a half a litecoin into this at 0.70. Hope to take a whole one out.

is this a fail?

Not to me. Cup and handle fail if price falls below the bottom of the cup. Here is an update:
https://steemit.com/bitcoin/@haejin/monaco-mco-update-is-the-correction-over

Solid blog. I was about to post a similair thread. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. I really advice people to take a look at: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. Check for example: https://www.coincheckup.com/coins/iExec RLC#analysis To check iExec RLC Detailed analysis

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