Chart is forming cup and handle formation on weekly chart. Volume is increasing with the price rise and decreases with fall in price. FIIs are increasing stake every quarter. ROCE > 20%, PE < Industry PE RSI is above 60 , another bullish signal TARGET -1 : 120 TARGET -2 : 140 STOP LOSS: 88 **These are my personal observations. Please trade at your own risk.**
The chart is so simple, no need for commentary. Spx just completed a cup and handle.
If it is able to brake the next 0.00042 resistance level, LINK/BTC price could skyrocket to 0.0007 levels, almost 100% potential from current levels.
If it is able to break the next resistance level LINK/BTC pair could start a big bull run till 0.0007, 100% potential from current value.
Looks like a cup and handle on daily. good probability for 0.0021 target
Union Bank has given a breakout of cup and handle pattern on weekly time frame with huge volume spike, and FII's are continuously increasing their stake.
══════════════════════════════ 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...
Nothing much to add, just my outlook on JTO for 2024
The stock is breaking out of 2 year old consolidation, once can expect 40-50% ROI in short to mid term. For Swing trade, one may look to enter at current price and trail profits post 114, 14-15% ROI. The stock is in uptrend in all higher timeframes. The stock is clearly indicating cup and handle pattern in weekly.
This guy has already done a 40X But thats kinda Gaslighting as I'm sure very little capital had a chance to catch those FTX lows on this micro cap . Linear target not much to get excited about, as we are almost there. But the Log target should raise your eyebrows provided some additional targets/resting spots along the way if it indeed does full the maximum...
Taking an initial position long on Goldfields here with a tight stoploss. I will add on a successful break of the R254 swing high if we get there. A decent cup & handle in the making with a good risk /reward ratio. Stoploss and final take profit on the chart .
Hello community. Most likely, the “cup and handle” pattern on the weekly chart for BTC was noticed not only by me ;) . Of course, it hasn’t taken place yet, but if anyone hasn’t noticed, I recommend paying attention. Based on the fact that for most cryptocurrencies (at least those traded on Binance in the USDT pair), the trend is currently not defined, and has...
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An outer larger cup identified, overlapping my previous cup formation I published • 32-week cup length with handle pattern forming (to be confirmed) • 60% deep cup from prior high (in extreme circumstances it can go to 2/3 ) • handle length satisfactory. Proper depth reached already, looking for breakout • estimated target +40.5 from handle breakout (base 25.5...
As you can see there is bullish divergence on weekly time. SHIBA has been breakout and retest the as well in coming weeks you will see big candle and trend reversal
The chart has given previous all time high breakout and now trending above that levels. So, it has technically good potential for upside momentum. A clear cup and handle pattern breakout.
GILD is pushing a 6-year resistance line. It broke through for a few days a year ago before being battered back down. Let's see if it'll make the move stick this time.