FET Weekly Cup & HandleFET, slow drip lower while maintaining bullish structure - Also forming a cup and handle. Either A we form a HL and head up to 0.78-1.00 or a bearish look toward the bottom of the range
CUP
🔥 Bitcoin Cup & Handle: Patience For Break Out ☕BTC has been forming a cup & handle pattern over the last couple of days. Note that the pattern is not finished yet, so we can't be certain whether it's really a cup & handle, but we can at least prepare for it.
I'm waiting for BTC to break through the top yellow resistance area. A break out through there will confirm the pattern and will likely result in a bullish break out.
31k is my short-term target. Patience is key.
FISV - Cup formationFISV peaked @ 125 on Feb2020, then went into consolidation and retested this level more than a year later in Apr2021 (surpassing by HKEX:2 +). The breakup of Cup-1 failed and this time FISV went into a 2 year consolidation (forming Cup-2). It now looks ready to revist this neckline (125 - 127) in the coming weeks.
I suspect the odds of a successful break up this time is higher as since hitting the low in June 2022, FISV has shown good relative strength to SPX as it began to rebound (despite it's volatility, including a brief plunge in March brought on by the fear from Silicon Valley Bank's collapse).
I might consider to test a small amount now (with initial stop just under 115) and look to add if it managed to break up above 127 successfully (ie having a "close" above the neckline for more than a few days).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management (ie positions sizing, stop loss etc) is important! Take care and Good Luck!
Grab a Cup of Coffee We'll Handle ThisA cup and handle formation is a technical pattern that can be found in financial charts. It is considered a bullish pattern, meaning that it may indicate a potential opportunity for a price increase.
The pattern is named after its resemblance to a cup with a handle. The cup portion of the pattern is created when the price of an asset forms a rounded bottom over a period of time, followed by a pullback that forms the handle. The handle is usually a smaller, downward-sloping price movement that retraces a portion of the cup's advance.
Traders often look for a cup and handle formation as a signal that the price of an asset may be poised to break out to the upside. However, it's important to note that technical patterns are not foolproof and should be considered in conjunction with other forms of analysis.
If you have identified a cup and handle formation in a chart and believe it may be an opportunity, it's a good idea to confirm your analysis with other indicators or signals before making any trading decisions. Additionally, it's important to always practice proper risk management and consider factors such as your investment goals, time horizon, and overall market conditions.
Cup pattern on 60 minute chart.Looks like a Buy above 4172 could go all the way to 4246. Probably will take 2 days after breakout. This is just my crazy thinking so don't trade on my ideas.
XAUUSD TripleMonthly Technical AnalysisXAUUSD TripleMonthly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Cup and Handle, TrendLines - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
BTC forming a Cup and Handle pattern on the weekly bullish chart signal "cup and handle for BTC giving a price target of 50% from break out level (aprox 34-35k) is the price target.
DX1! Weekly Technical AnalysisDX1! Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Confluence, Cluster, Fibonacci, Pitchfork , Cup and Handle - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
OCEAN LONG (15min) Trend = Cup + HandleVIsual ENTRY / SL / Top TP provided on chart
numbers of $$$ check on the RIGHT SIDE of the graph
HAL cup handle pattern breakout HAL was made a breakout of its cup handle pattern
Buy HAL at 2684
Target 2763 2815 2900 3000
Sl 2520
Filcoin, Technical analyst The structure of the cup pattern, and the aim is higher than the previous ceiling.
SOLUSDT/Cup with handle ideaHello Traders. Cup with Handle pattern is a well-known technical analysis pattern that can be used to identify potential buying opportunities. If you are considering this pattern, you might be looking for a potential target price of $84.
Of course, to play out, Bitcoin must correspond.
Bitcoin Potential Cup and Handle PatternCurrently shows cup pattern with the potential to form handle, once the handle pattern breaks upside could result in bullish uptrend.
The drawings are just to get an idea, as the price may not match 100% to it.
If you have any suggestions feel free to write in the comments below.
Thank you
#1INCH : Looking for a mid term profitable run.As many of as know $1Inch is one of the crypto projects which didn't show a real pump while many of the crypto space showed a good momentum by the new year. Technically speaking with a pumping RSI movement, a good volume momentum, a cup and handle pattern formation which basically is a bullish one, Super Guppy showing a reversal favor for bulls. If it can keep above the current resistance level both in the mid term and longer term fib levels this is going to work out really well.
Current Price : $0.52
Distribution Areas :
Target 1 : $0.68
Target 2 : $0.90
Target 3 : 13X to 15X minimum for long term hodl.
Disclaimer: The opinion expressed here is not an investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of #AbaNefsoBulls and its subsidiary community #CTE rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
With Regards.
Nathnael B.
Are rabbits the new dogs ? LTRBT/USDThis has had a good week, and this being the year of the rabbit its got good meme potential right now. i think its possible we get some kind of cup and handle pattern forming at the previous high and then a big move up, its been around a while , i think it started out as spunk bunny or something and pumped on an Elon Musk tweet, since then theres been a migration and this is the first decent move its made since then, worth keeping an eye on and maybe try to snag a small bag if it makes a cup handle . really you'd want to see the handle stay in the top third of the cup
Next Britannia?This FMCG stock is MRS Bector Foods giving weekly breakout (waiting for Friday closing).
Company manufactures biscuits and bakery products.
1st Target 505, 2nd ATH, 3rd Target 100% return from here.
Short SL today's low , Long SL 435
SPY Weekly 01/13/2023 Testing TrendOn this Weeklty SPY ETF chart (SP500 Proxy), we see the upper trendline on the bear trend (yes i made it green sorry) is being tested and spiking it again. This has repeatedly resulted in a rejection. CPI came in sorta inline which gave a little boost this week, but bank earnings disappointed when you look in the line items of the reports. This is an inflection point for markets. PE dont support these levels, so I am in the bear camp and do expect to see low 3200-3300 SPX by middle to end of 2023.
I have to add that I do find the fact this last rally started before retracing to lower trend, and now looking like a cup (maybe building a C&H?), we need to watch that as well.
Cup n handle on ES looks good into CPIOld school TA, bullish on ES. Looks Like could get going over 4018 tomorrow into the CPI volatility.
Update *Target Reached* Cup and HandleI'm proud to announce that our tartget has been reached which was 16,900$ for the short term as the cup and handle target.
Today jobless claims etc. it's dependent of bitcoins next move of the macro figures.
I'll keep you guys updated. Please follow for more
MEGAPHONE PATTERN ...!!!!! UP?????Hello, everybody! If you like the concept, don't forget to like and follow it.
T he megaphone and cup pattern's development began with the price.
Please show your support for me by liking and following my ideas.
Also, let us know what you think in the comment section.
Gabriel India Ltd - Cup & HandleCMP 182.10 | Cup & Handle breakout on weekly chart | High Volume | RSI +ve
*Not recommendation
GOOG: Inverted Cup with Handle Google is playing out an inverted cup and handle with a conservative price target of $73-76. The price target should be lower, around $71.50, but I shaved a little off because there is some old support from the Jul-Oct 2020 period that should buoy the price, at least for a bit.
The daily EMA ribbon flipped bearish in April and since then a precipitous 38% downslide has ensued, the most recent retest of the daily EMA on Oct 24th yielded another crushing rejection. Price should be ready to run again to the downside as it recently slipped through a support/resistance line unrelated to the pattern around $89.40 and has since completed a pullback and been rejected.
CRUDEHello and welcome to this analysis
UKOIL formed a Bullish Harmonic Gartley near $83.50 in weekly time frame and reversed from there. In the last few weeks after its 1st round of reversal from the Gartley PRZ it has formed a Cup pattern (rounding bottom) in daily time frame indicating a breakout above $98.50 for $106.
While CRUDE OIL at MCX has formed an Inverse Head & Shoulder pattern in daily time frame indicating a breakout above 7700 for 8200 and 8800. The movement in MCX Crude will largely be impacted by US$-INR also, keep in mind that factor also.
