VRA has shown strong buyer signals recently, and has formed a cup & handle pattern over last several months. It is right now, on the verge of breaking its previous All Time High. If it does this, the cup and handle pattern suggests that:
1) The deepest part of the cup, all the way up to the rim, is the measure for where the asset goes next, starting at the top...
The handle is forming like a perfect fitting shirt.
I suspect the party will continue. 🥳🎉🪅🎊
Stay safe out there my people and remember to keep your powder dry.
I will work on my technical writing in the coming months
It's Cup & Handle Season! There have been multiple cup and handles that have formed all around the altcoin market recently in what I am going to dub as cup and handle season. I'm out hunting for valid cup and handles and while most of them this time around seems like they will eventually be validated....it is easy to get faked out by these patterns and think the...
Raydium showin couple nice things on the Daily chart. Also on higher timeframes but i only focus on the daily in this setup.
Potential Cup and Handle (yeah it's in the room with us rn), with a higher low doulbe/triple bottom at a .786 retrace, class C bullish divergence on the MACD Histogramm, RSI and Stochastic at very favorable levels and the day will most...
1st: bitcoin inverted cup with handle
if holds the white line, high probability will form:
2nd: head and shoulder scenario if and when the white line of support holds and causes a 'right shoulder' from short covering.
stay tune to this 3 month play.
follow for more ideas and updates for invalidations and more
at first i was confused as to why the breakout of the cup and handle wasn't as fast as it was projected to be. Then i realized that the consolidation could've been pointing to the cup and handle on PLTR being bigger than expected. I waited about a week and sure enough, we see a handle being formed. By all means, it needs at the minimum a week but because of the...
-4 HR Timeframe
-Inverse Cup and Handle
-MACD = above signal
-RSI = Sexy af and room to run
-Price targets labeled
-Set S/L (stop loss) at $119.61
$145c 8/6 (3.00)
$148c 8/6 (2.00)
$155c 8/6 (0.69)
It looks like our favourite streaming company $ROKU is forming a cup and handle pattern. Price has formed a handle by the means of a small downward movement. If price breaks the upper trend line of the handle, the cup and handle pattern is confirmed.
On top of that other technicals tell us:
- Price is supported by 50MA support.
- Ichimoku, the cloud...
Leaning and developing TA in the Crypto World.
The Cup and Handle formation can be seen here as we have a drop in the price and a rise back up to the original value. This is then followed by a smaller drop before continuing upward passed the previous peak.
Generally this is a good indication of an upward trend. We see higher lows forming and higher highs before...
Heres how I entered my long position in $EXPR:
On the daily chart, you can clearly notice the cup formation.
Once I felt the handle had formed after some consolidation and testing support levels, I entered into a long call position off the support bounce from $4.5 setting my strike price for $5 (.30 cent per contract)
EXPR didn't fail me once over the week,...