As you know, I went long LTC at around $68. My target was $81. I am now in the profit and have raised my stops to just over break even ensure that I won't take a lost. While browsing the charts this morning, I spotted something on Litecoin that I did not see previously, a new cup and handle pattern! This one is longer term and gives Litecoin a much higher target,...
NSE:LT
Pattern details:
Up-trend before forming Cup with handle pattern
Cup with ~8% correction and length of cup 22 bars (31 days)
Handle length is 8 bars (13 days) and ~3% correction.
BO Volumes are good
Disc - invested, for educational purposes only
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RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which...
NASDAQ:NFLX I Found a Cup And Handle for you. My 1st target for next week would be 434ish area. Also tomorrows NASDAQ:AVGO ER should have an adverse effect on the market tomorrow along with eco data. It will be an interesting Thurs and Fri
Bitcoin has been very dominant and managed to push ETH all the way to the final support line. This is a 4 years old diagonal support which crosses with a 6 years old horizontal support line.
Please tell me if I am wrong, I see a three patterns when zoomed out;
First is a massive rising double bottom,
Second is a massive cup and handle,
Third is a massive inverse...
The AMEX:SPY is exhibiting a compelling technical formation on its weekly chart. A classic cup and handle pattern has emerged, signalling a potential bullish breakout.
The cup and handle pattern observed over the past several months on the AMEX:SPY not only signals a bullish continuation following a period of consolidation but also aligns with the current...
In this logarithmic chart of BINANCE:FETUSDT , a possible cup and handle pattern could be formed and materialized, citing a potential continuous bullish movement of the coin. Full technical details to be followed in this idea thread below.
Happy trading everyone!
PLTR was a true market leader back in 2020, but in brutal bear market of 2021-2022 the price was devastated almost by 90% of decline.
While price still is far bellow its all time highs and thus has substantial overhead supply, my technical analysis shows substantial potential for at least one more wave higher in 2023.
Thesis : until price respects and holds...
Gold is Broken large ascending triangle on the weekly time frame and also at C&H if it follows these patterns we would have seen gold's biggest historical rally.
🤑Stay awesome my friends.
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previous Analysis
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Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this Quick ETH update.
ETH looks good here. Breaks out the cup and handle pattern in a 4-hour time frame and currently going for a retest of the neckline. You can open long here and add more near the retest of the neckline.
Target:- $2350-$2400
SL:-...
Here's hype Aptos blockchain chart.
When listed, dumped huge by about 71%. Similar as SUI for example now. After that - rocket pump for about 565%, showing "strength" of an instrument.
After that pump, huge cup started to form, which is shown in this idea.
1st phase of this pattern - is descending in the downtrend trend channel. You may also call it ABC...
Hello traders! Let's take a look at NZDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading above the breakout level at 88.170. With this breakout in mind, potential targets for this pattern could be:
Targets:
- 62% at 92.929
- 79% at 94.227
Gold is showing a classic long-term cup and handle period. Spent about 7 years in the "cup" (long shakeout period from the bubble that had formed after the last financial crisis followed by an eventual rally to previous all-time high). It has spent over 2 years now in the "handle" (period of consolidation giving the appearance that price can't break through the...
NSE:EQUITASBNK
Pattern details:
NSE:EQUITASBNK was in a up-trend before forming Cup with handle pattern
Cup with ~19% correction and length of cup 14 bars (98 days)
Handle formation is in progress. It is 8 bars (13 days) long and has done ~10% correction. Handle's correction is deeper than expected.
Awaiting pattern BO (hopefully with good volumes)
Disc -...
If this market will find traction and have a follow-through day, I will bet on CRWD being one of the next up-cycle leaders.
IBD 94 Relative strength and 99 Composite and EPS ratings are markers of a superb company. The industry group is 35 out of 197. High double and triple quarter earnings growth and stable 40+ sales growth for 3 qrts in a row; with stable 35+...
Views are only for educational purpose and for my own learning:
Stock Name : First Solution Limited (FSL)
CMP: 170
Pattern: Cup & Handle
Looks good above 176
Nearby Resistance : 235-248
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this important ETH update.
Currently, ETH is trading under the $2100 level. As you see in this weekly chart, ETH forming a cup and handle pattern here and trying to break the neckline. Once it breaks the neckline and the weekly candle closes above it ($2150) then...
