#LOOM #Analysis Description --------------------------------------------------------------- + LOOM is forming a nice saucer pattern. This is a bullish pattern and we can expect the price to pump if the price breaks out from the resistance range. + As of now the price is below the resistance range, we need to wait for the price to hit the resistance range and...
The XRP Cup & Handle formation that I identified a while back is progressing very nicely on the daily. It has now broken out of the handle formation, and will most likely be working toward the upper rim line at the .5744 level. Once broken, we can reasonably assume that XRP price will continue it's bullish move to the .6155 level, and the .6496 levels...
The cup & handle pattern that BTC is currently forming is by far the largest that has ever been seen or experienced in all of crypto. I cannot express how powerful this could be for the price of BTC, as well as the vast majority of cryptos. Having a massive cup & handle formation like this, on the daily chart, that has taken over two and a half years to form is...
Looking at the 4Hr GME chart, we can see the GME has broken out of the wedge and has formed a Cup & Handle as well and an Inverse Head & Shoulders. Also, the 15 min is showing a Bull Flag breakout. Bulls are out in full force. Quad witching is in 3 weeks also...
We've seen an extremely bullish year so far and the past few weeks have seen to be the last push of the current leg. Seeing the amount of bearish RSI divergence taking place among many of the major indices I'm going to take a short position taking us down to the previous resistance, which is also the potential support of the cup & handle pattern visible.
if you had the intention of buying an oil or gasoline car in the following years, think again. The price of oil will skyrocket. Chart show's the possibilty of the cup and handle pattern and the target.
Hi. COINEX:MANAUSDT ✅Today, I want to analyze MANA for you in a WEEKLY time frame so that we can have a Short-term view of MANA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here Cup & Handle pattern is completed and now we testing the resistance...
BTC is currently, potentially creating a smaller Cup & Handle formation. (In white) And, a potentially larger Cup & Handle formation. (In Blue) Bitcoin has been on an absolute tear the past few days, and these formations could come into play down the road if price action continues to fill them out. Whether it will be the smaller (White) Cup & Handle, the larger...
🔮 #PHB Analysis - Breakout Trading 🌟🚀 #PHB was trading in a "Cup and Handle Pattern" and here we can see that #PHB gave a great breakout. We can see a good bullish move 📊📊 🔖 Current Price: $1.8574 ⏳ Target Price: $3.8639 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #PHB...
RDNT was going slow for a long while. Usually it loves to peek when Bitcoin consolidates. But it may be different this time because in technical way it's possible for RDNT to reach 0.3850 right now. Moving Averages looking fine for a rally, RSI above 50 in daily time frame and also more positive signals from other indicators. In order to be sure, I'll wait...
USDJPY is on strong bullish move although its making some diversions with consolidation on current price, bulls seem more stronger here above cup and handle resistance. If price move above pattern resistance with green candle closing, trend will continue till cup and handle projection price
Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...
Hello Traders! Let's delve into the EURJPY daily chart, where an intriguing opportunity is unfolding. The current setup illustrates a U-shaped pattern, resembling a classic cup and handle formation within an existing uptrend. A distinctive U-shaped pattern, indicative of a cup and handle formation. Noteworthy uptrend in the market, enhancing the validity of the...
Hello Traders and welcome! Let's take a look at the S&P 500 today. The price has formed a cup and handle on its weekly chart, successfully breaking above the breakout level of 4815.92. Levels to consider are 38%: 5325.92, where partial profit could be taken, and this level might be used as support in the near future. Further targets are 62%: 5634.84 and 79%: 5857.40.
Hello traders, and welcome. Let's take a look at the DAX index, presenting a great trading opportunity. The DAX, on its weekly chart, has formed a cup and handle pattern, and the price has broken above the breakout level at 16305.21. Stops are placed at ST: 15465.59, and the target zones are as follows: Zone 1 at 62%: 19078.70 Zone 2 at 79%: 19817.23
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
USDCHF is looking bullish with multiple confluences mention in chart
hello guys... solana formed an upside-down head and shoulder pattern on the broken trendline! on the other hand, we can see a similar cup and maybe a handle pattern! on the other side, this coin made a top normal head and shoulders on a lower time frame! so I suppose this coin will touch the 94$ area 📉 and then will be prepared for another upward movement to...