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Cup-handle

MTVUSDT Basing Patterns Minor TargetImportant Things To Note: Multiple basing patterns are fueling the engines for this asset. Minor Target of 0.37. I expect this asset to move heavily this alt season ETH just made ATH, alts will start to follow. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. So, anyone that follows me knows I love MTV. Their metrics look great, however I wish they would do a bit more marketing. Despite that, I still expect this asset to do well the last leg of this bull run. There are plenty of basing patterns which should fuel the upward momentum. There is a minor target of 0.37 from the last cup and handle. My followers wanted me to do charts on my other assets I mention so here it is! If you can't tell why I like it by now, just look at the chart. Enjoy!
Long
by mysticalwalrus
19
ONEUSDT Cup and Handle TargetI am doing this chart as a request from a follower. I have mentioned this asset previously when the cup and handle was still forming. The recent high transactional activity is what caught my eye as to it being a likely candidate for smart money investors. Though ONE might still be flying under the radar a bit, I figure it won't take them too long to catch on. ONE has made quite the comeback as of recent which I am happy to see since I believe it is a great platform. The Cup and Handle produce a target of roughly 0.40. This was calculated by taking the depth of the cup and adding it to the top of the cup. There is also a nice bull pennant which has pushed the price higher. I am sure this will move greatly in the coming months due to its strong fundamentals, high transaction rate, the accessibility of it, and the patterning. Thanks again!
Long
by mysticalwalrus
8
VRA - Breakout possible! Cup and HandleVRA 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 of the rim. So I drew prices at the top of the rim, going up to the match of the depth of the cup. This has a good chance of working out, as long as BTC doesn't tank or take off. That is getting harder to ask lately. Trade - Watch for breakout upwards! This is the buy signal, some wait til candle close, depends how fast it is moving.
Long
by Shwayze
Roku very bullish cup and handle!Hi Traders! 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 of the current downward trend is very thin which indicates that the current small downward movement is very weak. Also, the price is fairly distanced above the cloud which is bullish. - RSI is 47, this level has worked as support in the past lets see if this happens again! - ADX on the hourly shows us that the short term downward trend is already weakening. Also don´t forget that the chance of fundamentals bringing bullish momentum and sentiment on the stock is also very high with upcoming Q2 Earnings report. Both investors and analysist expect company growth! And with the delta covid variant concerning investors again, ROKU is a safe-haven for investors, as ROKU profited from the previous lockdowns. Our trade plan: Wait for price to break the upper trend line of the handle and enter at 418USD, and hold for at least 2 months first price target at 480USD an TP2 at 525USD. Stop loss at 398 just below the psychological level of 400USD and below the upper trend line, this would make this thesis invalid. Disclaimer: This is not financial advice and for education all purposes only.
NASDAQ:ROKULong
by vf_investment
2
SOLUSDT - Cup & Handle TALeaning 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 the break of resistance. Resistance is broken and away it goes! Are there any other TA that could be used in this situation?
by dmcmaster448
1