Skyworks Solutions (SWKS), one of the major chip makers for Apple (AAPL) products, is currently forming the end of a cup and handle pattern. The line in the sand is $112 - if we break former resistance and are above that level, we go long with a target of $146. If we are below $112, it's a "wait and see" approach. The risk for this trade is clearly defined, and...
Just look at how beautiful this cup and handle looks. It seems that BCash has been gaining traction from the miners because of lowering the mining difficulty. If miners flock to BCash, its price would also move positively. For now, ride until BCash's wheels fall off. For now, BCash just needs to create the handle before a bigger move up.
MTL forming a cup & handle could signal a bull trend. I'm watching for the 250k sats to hit first and then going long with a target at about 350k-400k.
Yes it is slow but as they say "patience is a virtue". Also possible Ascending Triangle in the making so Target around $750? thepatternsite.com
Possibilities for either the Harmonic Pattern or the Chart Pattern Cup and Handle? Overall trend bullish until otherwise!
Cup and handle forming on monero USD. Showing strength even while bitcoin declines. This coin has a lot of utility and hasn't seen a huge leg up yet. I expect big gains here in the coming months.
I like to short the handle, feel as though i'm late in this short set up. If price action falls below .382/50 fib level, all bullishness is ruled out imho. Will continue to monitor til Wed/Thursday report
Unformed and at this point guess work as rim and handle yet undiscovered but it has potential. Climbed above 50 day EMA and tapped 3/1 Gann Fan diagonal on BTC weakness! thepatternsite.com
The break clearly been made now with this Inverted Cup & Handle Pattern. Also the dotted yellow recent trendline clearly breached so would expect a bearish tendency now? Target : $ 3725 or S1.
I believe Music is just starting, there will lots of upward movement waiting ahead. C&H forming, so first we need to see a little downward movement and then just above the cloud we might see a rocket launch to the next target =)
Rising Channel, Elliott Wave, Supply and Demand, Cup & Handle
BITFINEX:ETHUSD A Cup & Handle formation is now in play for ETH. Although I would sill trade with care, the strength of the play will be bassed on which level of support the handle is formed at. Will it be at 316 or 308? Let's wait and see. If confirmed at 316, that would signify a strong bullish trend indicating ETH will likely see 350 sooner than later....
Next test around 0.00108500 resistance. If fail to pass resistance then watch out for a double top for a bearish reversal. If pass resistance then possible test around 0.00119300 for confirmation of Cup and Handle.
Stop below the handle. Target 1: Previous high Target 2: Measured move based upon previous leg.
With the rise of Bitcoin Cash we are seeing some weakness in BTC albeit a correction of some sorts has been well overdue! Target : £2887 Long position in BTC now closed. thepatternsite.com
If BCash remains to have an uptrend slope (sky blue dotted line) then we could potentially see a cup & handle. If uptrend is broken and we see more downtrend slopes, then this idea will become invalid.