ALGOUSDT - Weekly LONGThis is a weekly technical analysis for educational purposes on ALGOUSDT. I believe that Algo will revisit the same levels and will be widely discussed during the altcoin bull season. I may be wrong. :)
Regards,
Cup And Handle
Possible complex head and shoulders BTC/WeekSorry for my absence. Will engage soon, but dropping this from mobile. Possible complex hns here. Projection of price top outlined. This is consistent with current market future outlook across all markets. We are due for a black swan. Protect yourself. If this happens then after we are good for launch Beyond 100k. Good luck - ND
AI Project Ready to ExplodeMatrix AI (MAN) has completed the Cup formation on the daily logarithmic chart, with USDT as the trading pair, and has successfully retested.
It is also scheduled to be listed on the Biconomy exchange on April 2, 2024.
MAN has the advantage of not yet being listed on major exchanges such as Binance, Coinbase, and Okex.
MAN is a real and experienced artificial intelligence project with a relatively low price considering its circulating supply.
Therefore, it is still not too late to invest in this project.
FIO / cup and handleHi
On the daily frame, we see a cup and handle, the breakout occurred and then it was retested .
The model is ready, it needs liquidity.
The Target of a cup and handle is 0.052
But in chart all the targets
Stop loss close day candle below 0.039
SL 0.039 1D
Attention: This currency is slow moving, it requires patience as well
"PRQ/USD chart shows characteristics of a cup and handle patternThe PRQ/USD chart showcases an interesting development with elements resembling a cup and handle pattern. While not definitive, we can observe a rounded "cup" formation, a downward handle, and a potential breakout point. Based on technical analysis, the target could be $0.38. However, remember that PRQ/USD is a low-cap gem with inherent risks and high volatility. This is not financial advice, and other factors like fundamentals and market conditions are crucial. What are your thoughts on this potential pattern and its implications? Remember, always do your own research and consult a financial advisor before investing.
Cup and Handle on LTLT appears to have formed a cup and handle pattern with bullish breakout. However there were some selling during end of the day. Though volume was above average, selling at the end of the day is a worry. Risk reward is around 1:1.7.
Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Please consult your financial advisor before making any trade. Above information is just my view and is meant for educational purpose only.
🚧LUNAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:LUNAUSDT
✅Today, I want to analyze LUNA for you in a 1D time frame so that we can have a MID-term view of LUNA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
LUNAUSDT is in the ascending phase by the cup and handle.
LUNA is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
❗ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BITCOIN (BTCUSD): Intraday Bullish Signal ₿
After a violation of a key daily horizontal resistance,
Bitcoin retested that yesterday.
I see a cup and handle pattern on an hourly time frame,
and a bullish violation of its neckline.
I think that the market may reach 0.7157 level soon
with a potential continuation to ATH.
❤️Please, support my work with like, thank you!❤️
TAO Weekly AnalysisIn the weekly timeframe, Bittensor (TAO) witnessed a modest decline of 2.81%. Presently, TAO is displaying a Cup and Handle pattern, with potential immediate support estimated around the $603 price level. Confirmation of this pattern is anticipated upon surpassing the $641 threshold, signaling a probable breakout towards the $690 target.
Assessing technical indicators, the oscillators indicate neutrality within the one-hour timeframe, while moving averages suggest a sell signal. However, on the weekly timeframe, oscillators lean towards sell indications, while moving averages advocate for a buy stance. This discrepancy might present confusion to users, underscoring the importance of conducting thorough research and exercising caution before investing.
It's worth noting that TAO is not listed on major exchanges such as Bybit and Binance. Risk-tolerant investors might consider exploring this project, while those averse to risk are advised to observe from a distance for the time being.
CHARTOLOGY 101 --- 43 years in the makingThe bigger the pattern
the bigger the consolidation
the more explosive the move
how about this Chart Porn?
Cup and handle
I expect the log tgt not only to be made but surpassed given yesterdays event's in #baltimore
Yup Massive east coast supply chain disruptions to be expected
Ports jammed
Aviation fuel disruptions
Major economic ripples could transpire form this
the east coast is home to 120 million people I believe ..
Wow
Stock up on your Cadbury's and many other things ... :0
CNX - 22 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
YCBD- another marijuana pneey stock lights it up LONGThe idea is on the 15 minute chart here- See also ideas for OBI, ACB, TLRY, and CGC
Germany also is pushing full legalization. A new day is dawning? Several states are working
on releasing minor offenders ( clemency and pardoning).
YCBD is risky but the potential rewards are great. As for me, a fair position with a stop loss
of 10% targets of 50%, 100% and 200%. I am in no hurry and will accept the cup and handle
as being over a relatively short period of time and so not necessarily highly reliable.
Nevertheless, i will chase some of the hottest things around- penny and low priced
marijuana stocks. (Very) HOT until they are not.
40 year lows incomingThe inverted cup and handle here is pointing to a serious drop, if you consider the destination of the measured move target.
ZILUSDT Adam and Eve pattern, +45% aheadZILUSDT Adam and Eve pattern / cup and handle, +45% ahead
Could be additional confirmation
The Cup & Handle Pattern of the $PROS weekly chartThe weekly chart of SET:PROS is a great example of cup and handle pattern:
- the shape is "U", not "V"
- the cup is not overly deep
- the handle is also not overly deep, it is in the top half of the cup
- the volume is decreasing in the handle
Target: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
BTC Cup and Handle PatternThe chart is self-explanatory here. The hourly chart as well as lower time frames show a cup and handle forming pattern which is typically bullish to the upside. Fed news was positive - they confirmed 3 rate cuts this year so the market will continue to frenzy and BTC will do what ever Wall Street does, unfortunately.
CPG - 10 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Bitcoin HTFBitcoin HTF target $115.7K
Bitcoin appears to be forming a Weekly Cup-Handle formation. First resistance is the previous high at 73.777
The next resistance is 86.202, which coincides with the channel top. The formation target is 115.704.
It is not investment advice.
Altcoins (Total3) UpdateI think the moment has finally come, we are about to see the formation of the handle, and hopefully alts correct alongside BTC into mid April. A 60% climb to all-time-highs over the coming months. Then we will likely see a few bull market corrections brutal in nature.
-Short-term we tap the golden fib again and possible flush downward 50B or so
-Medium term rocket ship to 1.1 T
-Next Spring/Summer we are baffled by how insane the high momentum alts have gone
BTC Cup and handle formationI stumbled across this idea for a cup and handle formation while looking at a chart for Solana on a one week time frame. I subsequently switched to Bitcoin and found the same pattern forming which isn't surprising, I suspect Solana is just tracking bitcoin. Current sentiment is for Bitcoin to rally above previous ATH, and with this pattern forming it would confirm this. I expect a pullback to occur to form the handle, and from there a breakout towards the upside.
How I would look at trading this, wait for the handle to start forming. Draw in the downward trendlines. As soon as price breaks above the upper trendline, place a long position. This may not play out, if there is too much resistance we may see the price falling back down.
