Well BTC is forming a handle, and the first one was at 48k, now we are above it, I am completely out of crypto, expect 69k scam pump coming, then a large dump to 28k to clear all the longs, then up only. I'd say clear away from altcoins, and maybe do a swing in BTC here and there
Hi. COINEX:BTCUSDT 😊Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️Bitcoin's recent performance has been strong Short-term long positions are risky via overbought...
For my final long (sorry tradingview followers as I have only had the time to post a few of my trades here but you know where to find the rest), I chose Matic. Nice little cup and handle. Above VRVP POC and above all SMAs. Entry was .86. Final target is 1.03 with profit taking at .94 along the way. SL is .80 with a rrr of 3.5 to 1.
Suzlon energy has recently given a breakout of cup and handle pattern on daily time frame with good volume. The short term and mid term momentum is also good which signals strength in the trend.
➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. ⏮️Previous Analysis 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and...
Hi. ➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. -AB=CD -Cup&Handle -Ascending Triangle -trend line 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more...
The stock has been trading in a range since the last few months between 330-390 after breaking the IPO base Company has issued a QIP at 341rs/share for 500cr and has a pending order book of 1000+cr and a new order worth 457cr and 16cr a range break of 330-390 on the upside can take the stock up to 880 levels
Bitcoin has been performing extremely well over the last two weeks. In previous analyses I wrote that I expected the ETF to be a longer-term top. We dropped over 20%, but I expected we would drop to the 35k-30k area. Yet here we are, retesting the pre-ETF launch resistance merely a month later. As of now, it's more likely than not that BTC will make new highs...
Greetings, fellow traders, and welcome to our analysis! I trust your trading week is off to a splendid start. Today, our focus turns to CADJPY, where an intriguing Cup and Handle Pattern is forming on the daily chart. If you're eager to delve deeper into the world of Cup and Handle patterns, feel free to enhance your knowledge by clicking here: (). But be sure...
I made this drawing a few weeks and now I'm posting it. Could this be time for btc to blast off? Moon time.
TATA elxsi on weekly time frame has made nice cup & handle pattern. And if we calculate the depth of this range then we can expect around 25-27% upmove till 10000/10294. Off course there are multiple resistances at 1) 8627 2) 8953 3) 9420(important FIB resistance) where booking some profit or trailing SL will make sense for me. Let's if this stock can give some...
CAMS !! Perfect Cup and Handle Formation on Weekly Chart - can give good up move above 2950 close on weekly basis
Breaking out possible soon out of a fish-hook or cup and handle. If GRPN can break resistance at 15 it can fly to 20 and break through til it hits old support levels and resistance at 25.
]A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order...
Bullish: 1. Weekly stoch bottomed, one of the first ones 2. Lower time frame bullish divergence 3. A falling wedge forming since June 2023 4. A cup handle pattern is formed, left side is April 2022, right side June 2023 5. Team is making a lot of partnerships almost every week, check out Twitter and Medium 6. Although the Chinese CEO has left, this used to be a...
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...
I bought my positions today January 8, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. A long base cup and handle formation 4. One inside day pause in the handle area 5. The base has VCP characteristics 6. High relative strength 6. Volume dries up as less supply coming to the market 7. Huge volume on the breakout Flaws: 1. The market is...