Very simple - a classic cup and handle formation, already confirmed and re-testing a breakout: - has already broken out of the handle forming a 2nd smaller cup - and since broken above and held above the weekly cup's neckline It has held above for several weeks and is now re-testing that neckline. Targets are TP 1 and 2, measured from the length of the...
AKT like many alts is forming or has formed a huge cup and handle. This price action is wild to see, the same draw down that happened before the last crash happened all over again. The crash dip was an 46% move, the dip we just saw was 37%. If we retrace all the way back to the golden fib we have another 20% downside. My short-term target remains in the sevens....
Oil Chart Idea - 3-28-2024 Bullish for next few days / week as it has made a cup n handle pattern in 4hr TF and most likely close the candle above 82.35 TP should be close to 84.40
Altcoins continue with downside and pressure as BTC dominance rises, the only alts pumping right now are Bitcoin related alts. Another test of the golden fib here to the downside or 600B market cap, this would be a brutal correction, it already has been for many alts. I do not expect us to fall that far but a meaningful correction into the halving makes sense.
1. Price is following a downtrend through the channel. 2. Price successfully retraced from the previous low highlighted green zone. 3. Expected formation cup and handle.
AUDCHF is trading in a bullish trend. After the price set a new higher high on a daily, the market retraced to a key horizontal support. This morning, the price formed a tiny cup & handle formation on that. Its neckline was broken after a release of CHF fundamentals. We can expect a trend-following movement now. Goal - 0.59766 ❤️Please, support my work...
LULU has formed a cup and handle over the past 2 years and has finished forming the handle and is ready to rise. The RSI is also telling us that there is momentum going into the pattern
Fundamentals: CONY is a covered call strategy. If bitcoin collapses again, the CONY will go bust. It could turn into a dividend trap. It is highly speculative. However, if bitcoin propels forward or goes sideways, then these two scenarios will be best for CONY. Technicals: Plan: To trade CONY buy observing health signals from bitcoin (BTCUSD). Theory:...
Detailed technical analysis for WTI Crude Oil. Price action & important key levels. Daily/4h/1h time frames analysis. Bearish outlook explained. ❤️Please, support my work with like, thank you!❤️
DYOR from my 2 mins of research ; I doubt a real usage of graphic card buying and renting going on through this platform A SCAM if u will but that really doesn't matter for the price going forward if you only plan to ride a up wave... and not marry the bag. Maybe one of these platforms will actually be used to provide decentralised compute RNDR, GPU right...
Been talking about the General Altseason for a while now It's been teasing us for some time As the chart of Linear clearly shows 1 year of death 2 years of sideways is the price you pay for 1 year of up , with most of the gains arriving in the final thrust where you will not be wanting to sell lol Crypto is a cruel mistress. So LINA i believe is close...
It is almost at the half of the handle, but we need to wait a little bit more to be sure. If it happens, it is possible to break the $3 resistance, as well as reaching the next milestone, $4.. Also see my previous TONCOIN idea that made nearly 100% profit in short time.
Axisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering. Risk:Reward = 1:2 Could be bought with mentioned stoploss & target.
- At verge of channel breakout in Daily TF. - Change of momentum to uptrend is seen in Weekly TF - Rounding Bottom formation in Weekly TF
INDIA CEMENT: Momentum Stock This counter is showing VCP(Volatile Contraction Pattern). This may see Momentum, when it crosses 275. SL as 20 SMA (Weekly Close Below) Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
Chart suggests it has a chance ... right ? What do you see? certainly gaining ground and we have clear key ratio that if it clears we will likely see continuation in this ratio.
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
Buy above first yellow line and target is mentioned !!! All these are intraday trades Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment...