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CUP

CUP & Handle INPX - Huge profit ahead - I found this very undervalued company, which is flat since March 2020. Inpixon provides technologies to monitor indoor flows. The more I look at this, the more it becomes evident that they would make an excellent acquisition target, technology-rich, cash on hand no debt, and a minuscule market cap. In addition, management is not shareholders so would make an acquisition would be very easy to navigate. The technology that INPX has amassed is very valuable to an acquirer that can really leverage it through their own pipelines. Something big is brewing, imho, GLTA longs. If the Cup & Handle will develop as expected could be a sign of a trend reversal.
ILong
by caimano
2
Bullish patterns in tradingToday there are several popular bullish patterns on the Forex market. 1. Flag - trend continuation. Has a strong price movement (flag staff), then a correction zone (flag cloth). The correction zone can be located both horizontally and inclined to the "shaft". 2. Cup Or else "cup with handle. U-shape + corrective movement (" handle ") within 1/3 of the" cup. "Formation of the" handle "is the process of price consolidation towards the line. After the pattern is formed, the price continues to move in the direction of the cup. 3. Symmetric triangle It can be either a reversal or a continuing trend. Formed between two converging support and resistance lines. You can start trading after the breakout of the pattern (depending on the breakout, either buy or sell). 4. Diamond Reversal pattern formed at local highs and lows of the price chart. The basis is either an uptrend or a downtrend. Completion options - correction or global trend reversal. 5. Double bottom. It is based on a downward movement + two chart lows and a high point between them. Completes the formation after breaking through the base line. Further - the price growth from the base line in the volume of the figure size. 6. Pennant Continuation of the main trend. Price gaps are possible prior to the formation of the pattern. In a bullish scenario, the pattern is preceded by an uptrend. Completion of the pattern formation - a breakout in the direction of the previous trend. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
13
Similarities between Cup and Handle and A BullflagThis Bullish log chart for BTC shows a clear cup and handle Yet these could be acting as a quasi-bullflag, flagpole at the same time. Both experience an upward move initially (cup, flag-pole) and further consolidation period (handle, bullflag) Both are bullish but experience a similar development as bullish tools. That will always continue to form over time. The handle if viewed in a 3D state can be seen as 'protruding' much like a flag on a flagpole. Creating this distinction.
BITSTAMP:BTCUSDEducation
by Bixley
BTC Scythe or Cup - Crunch imminentUsing a very attentive, some would argue obsessive, strategy of continuous straddling pet named the "wheel". The main interest is levels to target key entries and exits to improve a position's price and size. Added to the mix to help also with the monotony are non linear trends. Some of your richer fx mates are riding 2 week long shorts searching for a deep retrace down the Scythe's blade.. There was a cross in the adx or something but maybe they were happy with their 28k retrace, dunno, haven't been bothered with the news.. Your old school holders have their hearts set on a retest of the ATH and a burst to 55k.. (ATH + Height of this new Top) Riding the binance futures usdt and btc inverse Wheel, we're trying to manage our entries and exits to keep ourselves in perpetual motion. Burst safety for short term on the long btc inverse account is 30k and for the short is 40k. Exiting funds from the opposite fuel the safety of their counterpart adding those extra legs if called upon before the much needed retrace to min markup. Entries scale exponentially with distance from position size and historic levels allow for intelligence to play a role in an otherwise mechanical system. One's penultimate pocket depth should be calculated to absorb 50% retrace with no exit (22k for bull run), but preferably one practicing this is obsessed and doesn't sleep in blocks longer than 3 to 4 hours, so they easily catch lower level fractal retraces. Exits also scale exponentially although inversely from min markup to a reasonably calculated dream markup that most of the time gets abandoned to a stop target to begin reentry to fuel the wheel...
by Benjamix
Big Cup Of FET/BTC #Fetchai $FET #fet #cryptoHere we see our Binance FET weekly chart . It appears to be forming a massive cup structure . That would take us back up to the .706 fib near 9900 sats to form the top of the cup . A handle would form after that possibly taking us much higher.This obviuosly would not be happening until the later part of the year to reach these upper levels - but in a bullrun year it is very possible to get there . Also ETH is close to reaching its' previous All Time High of $1400 approx . So other coins may also revisit their All Time Highs , since ETH leads the way . FET All Time High was above 14000 sats . That would be great ! Also it appears we are Blue Skies above 3250 on the weekly chart as that is our last resistance there . This looks good .
by shimmeringpath
1
Possible Cup & Handle forming for Siacoin Hi all, Main TA Points; *** 1. Golden Cross Formed. 2. Seem to have found support at the 61.8 FIB. 3. Descending triangle invalidated. 4. Breakout accompanied by strong volume. 5. Promising fundamentals. 6. Find bottom indicator as well as MACD suggest return to uptrend likely. 7. Ichimoku offering support as well. *** Talking Points; *** A promising project and team that has delivered a working product for some time. Fundamentally speaking a strong contender, and according to my estimations not at risk of SEC attention as they did not hold an ICO. Siacoin is not to be mistaken for Siafunds which are in fact securities and have been sold as such. We recently had a significant break out early January with higher time frames suggesting that S/R flip has occured. The current support of 61.8 fib does seem to be painting a cup. The fib retracement has been set from the high of August of 2020. The current local high has exceeded this. We could expect the handle to be formed as a retest of Augusts high and subsequent longs could be placed from the break of the neck line with stop loss just below handle at 88.3 fib as a guide. Example trade would offer 3.34 R/R ratio. *** Estimates; *** The run up to 1 US cent might have a retest of the 0.007 range, but short to mid term targets based off historicals would suggest as a run up to the 1 US cent range as the stronger resistance. Price action expected to occur over the next 14 days. Good luck, *** *** Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions. All investment and trade decisions, no matter how well investigated, involve risk. ***
Long
by Traders-Corner
2
Waves / USDT - breakout of the descending channel + cup with hanWaves / usdt Now a little about altcoins. For this coin, there was a downward channel, which was broken on the impulse and formed a cup with a handle, as well as a good volume on purchases. For me this is a strong project on which I have earned a lot of Xs. I decided to share this idea with the swami, as I expect the price to return to at least $ 10 per coin. So far, I have fixed 15% profit on the breakout of this descending channel. Mandatory trigger stop loss at 6.1
WLong
by UnknownUnicorn13204076
1
RMG BreakoutThis is a technical trade on the breakout with the spac of Romeo. I will follow this one closer with stop loss and plan to make it a quick trade until I know more about it. RMG is breaking out with very high volume, this is a SPAC in the EV space is potential could be a strong player for Romeo. "RMG Acquisition Corp in a $1.33 billion deal, the companies said on Monday. The deal is expected to raise $384 million for Romeo, which includes an investment of $150 million from investors such as The Heritage Group and Republic Services." This is more a technical trade based on news and hype, but it will generate a nice market cap.
RLong
by Vince