CUP AND HANDLE PATTERN IS GOING TO BE FORMED ON GX SHARES/BTC by qasimwaqar

bitcoin · @qasimwaqar · Feb 11 '18

$10.08

CUP AND HANDLE PATTERN IS GOING TO BE FORMED ON GX SHARES/BTC

As you all know that, either to buy or sell, patterns formed in crypto trading are much helpful for taking entry in an altcoin  The study of patterns provides a good opportunity to every trader for stepping into crypto. I always try my best to find out the bullish pattern for taking the entry. 

Here it is perfectly depicted in technical analysis chart that a bullish pattern, Cup and handle, is going to be formed on GXS/BTC. This pattern is showing a bullish move. 

In case, If GXS takes a dip, then don't forget to apply the averaging technique.


The possibility of breakout has been formed on 240 minutes time frame.
# Tehnical Analysis Chart:
Have a look at the technical chart.

![](https://www.tradingview.com/x/zPmEdtA4/)

image source: www.Tradingview.com


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# Indicators Used:

1. Relative strength index 
1. MACD


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<center>![](https://i.imgur.com/CyUwMfU.png)</center>


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<center>The @adsactly Society is junction for all those having some skills & free thinking and want to cooperate. It is a way to create better environment at steemit.
![](https://i.imgur.com/j34iLY0.png)</center>


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👍 appreciator, cryptokraze, qasimwaqar, cryptos, bitly, alexwik, edwinlabra, cexmad, pendul, fruityfizza

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@alexwik · Feb 11 '18

Nice analysis! You just got anew follower, i would be really happy if you checked out my recent post!

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@qasimwaqar · Feb 11 '18 (edited)

Thank you. upvoted your recent post. You may verify it.

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@edwinlabra · Feb 11 '18

it's right friend, thanks for sharing the information.

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@cexmad · Feb 11 '18

ok well I have vote.bang also help vote behind ea

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@appreciator · Feb 12 '18

<p>This post has received gratitude of 1.47 % from @appreciator thanks to: @qasimwaqar.</p>

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