Cupnhandle
REEFUSDT is creating a cup and handleThe price is testing important support on the daily timeframe on 0.008$.
On the 4h timeframe the price got liquidity from 0.786-0.886 Fibonacci level and retest again the daily resistance on 0.0096.
Now the price is going to create a cup and handle patter, the price is testing the 0.618 Fibonacci level after the election from the daily resistance and dynamic 4h resistance.
How to approach?
The price needs to have a breakout from the resistance and retest the previous daily resistance as new support. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
#APi3 Cup and HandleAPI3 MAssive Cup and Handle
Handle counting as a bullish flag now, waiting to break above the neckline and send it to 10$
VLXUSDT is testing the 4h resistance after the cup and handleThe price created a double bottom on the weekly structure on the 0.20$.
As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series.
on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from its neckline.
How to approach?
The price could have a breakout from the 4h resistance (0.2530$) or gets the liquidity from the previous resistance now new support. So, if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
$MATIC CUP N HANDLE NEW ATH AHEADWatch for a pop above 2.25, 2.60 is PT. Polygon has a big event Dec 9th as well so look for it to run into the event.
ETHEREUM Cup and Handle Formation $7000Ethereum has been forming a cup and handle formation with the target price of 7000$. Latest bitcoin's run to 50k shows strength for BTC, but slow rise for altcoins. While BTC is running towards ATH, Ethereum would be following it slowly. After BTC starts to consolidate, I am expecting Ethereum to break through the resistance of the cup, and run towards $7000 by triggering an altseason, plus, leading other altcoins to reach their ATH levels.
Matic Potential $4.5 Target - Cup And HandleThe Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
school.stockcharts.com
Dabur India limitedCup and Handle pattern in Dabur India limited.
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. - "Investopedia"
$BANDBTC LONGStalking cupnhandle setup for breakout in the future. Starting to accumulate position now and will contiue to add as the pressure builds to the upside.