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Cupandhandlepattern

SOLUSDT → combining several patternhello guys... solana formed an upside-down head and shoulder pattern on the broken trendline! on the other hand, we can see a similar cup and maybe a handle pattern! on the other side, this coin made a top normal head and shoulders on a lower time frame! so I suppose this coin will touch the 94$ area 📉 and then will be prepared for another upward movement to 129$!📈 ___________________________ 💻📞☎️ always do your research. 💌📫📃 If you have any questions, you can write them in the comments below, and I will answer them. 📊📌❤️And please don't forget to support this idea with your likes and comment
by melikatrader94
5
RS SOFTWARE-CHART PATTERNS AND ELLIOT COUNTS- AN INVESTMENT PICKHELLO FRIENDS, Here I have shared chart pattern and possible ELLIOT WAVE counts of RS SOFTWARE, which showing the uptrend of this stock. As per chart pattern, this stock is following the CUP AND HANDLE PATTERN which shows the BULLISH TREND of the stock. the above image confirms that as per guidelines of Cup and Handle pattern, volume contraction must be there while forming cup after giving breakout with significant volume, the stock retested the support trend-line which previously was resistance and started its continuation in upward direction. As per Elliot Wave, Stock has completed its correction as WAVE ABC from 829 level to 9.55 New impulse BIGGER WAVE 12345 has started from 9.55 and now stock is in wave (5) that will complete the bigger wave 1 And wave 2 will again give a dip as correction and again bigger Wave 3 will start. This way the stock has huge space towards north. DISCLAIMER I am not SEBI registered analyst. My studies are for educational purpose only. please consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:RSSOFTWARELong
by KARANN_DINGRA
ASO - Clear Analysis and what to look out forWe have our proven controlled selling algorithms taking control of price after closing a HTF cup. We are looking for some liquidity to be built within these teal and orange selling channels and for support to be found at our buying continuation channels of magenta and green. We are waiting for an initial break of orange strong selling to then retest teal tapered selling where as we can see a further breakout take place. Hope you're enjoying the long weekend and Happy Trading :)
NASDAQ:ASOLong
by ReigningTrades
BMRI - CUP WITH HANDLEI bought my positions today January 4, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through four majority line of supplies 4. Offers multiple entries at a cheat area and a handle 5. The base has VCP characteristics 6. High relative strength 6. Volume dries up as less supply coming to the market 7. Huge volume on the breakout Flaws: 1. The market is still in a hard-penny environment with only 32% of total stocks above the 200-day MA 2. The index is moving higher but there are still less stocks setting up. A classic cup and handle formation with cheat pivot entry. I like to see some follow through action from now.
IDX:BMRILong
by rifqonr
🚧OGNUSDT will Go Up Again🚧 Road Map(3-D)🗺️!!!OGN has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to 0.33 . The expected movement is measured as the price movement (AB=CD). _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️
by CobraVanguard
Bitcoin Cup and Handle in PlayTraders, Bitcoin has crushed the 48k barrier finally. And with that we are on our way. The long-time Cup and Handle Pattern that I have been alluding to for so long is now in play and tells us that we should easily reach 80k this year and maybe as soon as mid-summer. With our 48k on the underside of price, we can now expect to use this as support. We also have that ascending RED TL which has proven to be of significant resistance in the past. It should now help out as support if we get a confirmation candle close above it tomorrow. Both of these areas can be utilized as re-entry areas in the future, if you are looking to trade into BTC. Barring and black-swan or geo-political events that interrupt price action or influence sentiment, price is most-likely to remain to the topside. Remember, BTC ETFs are currently consuming over 12x more BTC than miners can produce. Given that something like less than 25% of all BTC is liquid (meaning trade-able) at this moment, then net result is a multiplier effect which most traders might not be considering, especially our bear friends. As far as my own trading goes on BTC, I am well over 15 percent profit on my current BTC trade. I have raised my stops to 49k and will continue to trail them as necessary. Upon pullback, which should be swift and shallow (again barring unforeseen events), I will look to re-enter, hopefully around the 48k area. Since I have been batting a thousand over the past year and a half on all of my Bitcoin trades, I am going to be upping the trade allotments for BTC vs. my altcoin trades. Even with hitting a few home runs in the alts, my consistency in analyzing and predicting BTC moves would have netted me are far better return thus far. Therefore, the strategy makes sense at the moment. Best on all of your trades. Stewdamus
INDEX:BTCUSDLong
by stewdamus
The Week Ahead for Bitcoin - Battle for $48kLet’s make this as simple as possible for Bitcoin. It’s really this - Bitcoin must beat 48k to continue the bullish trend and confirm that larger cup and handle pattern is in play which will take us to 80k. If we don’t beat 48k soon, then I expect another small pullback. However, it may not be as deep of a pullback as other analysts expect. According to my chart technicals, most indicators are still hyper-bullish. Therefore, I’d say we may only pullback to 42k at most. If we do beat 48k, that’s our signal that the bullish trend will continue. We have to be quick about entries if we want to play the continuation. Normally, my rule is to wait for at least one confirmation candle on the daily. Because of the bullishness of price right now, I’d make an exception to this rule. If we don’t make this exception, we could miss out on big price movement. It’s up to you how you want to play entries at this point and, as always, it’s based on your own personal risk tolerance. If you are a more aggressive trader, I’d suggest jumping down to the 4hr chart and looking for confirmation there.
INDEX:BTCUSDLong
by stewdamus
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:BTCUSDT 😊Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️Bitcoin's recent performance has been strong Short-term long positions are risky via overbought RSI A correction may precede a potential move past $50k ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Cup and Handle 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!!
COINBASE:BTCUSDLong
by CobraVanguard
6
WOOUSDT Analysis, Chart is speaking itself !!!➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. ⏮️Previous Analysis 🤑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!!
Long
by CobraVanguard
3
🔵Ethereum can easily reach $4K, technical analysis reasons!Hi. ➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. -AB=CD -Cup&Handle -Ascending Triangle -trend line 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Long
by CobraVanguard
3
🔥 Bitcoin Looking Very Bullish: Cup & Handle Bitcoin has been performing extremely well over the last two weeks. In previous analyses I wrote that I expected the ETF to be a longer-term top. We dropped over 20%, but I expected we would drop to the 35k-30k area. Yet here we are, retesting the pre-ETF launch resistance merely a month later. As of now, it's more likely than not that BTC will make new highs in the near future. Price action is strong, and so is the stock market. However, there's a minor risk in the very near future, which is the very overbought RSI. With a 4H RSI at 83 points, it makes it risky to step into a short-term long position at the moment. I'm expecting the price to correct a couple of percent to let the RSI cool down a bit. This would be a great entry for a longer-term swing position, since there's a high probability that BTC will break through 50k with force on the next leg up, creating a nice cup & handle pattern.
INDEX:BTCUSDLong
by FieryTrading
20