TCS LongTCS has been a fundamentally good stock which ultimately is good to hold for a long time. However, The recent budget has also been focused on IT which is an added advantage for IT Sector.
At present, the chart shows Cup and handle pattern which will fetch 10% and above on breakout. I'm holding TCS for quite a while now and looking forward to investing more.
CUP
$VIAC 🐂When this cup is finally finished playing out. The target for Viacom should be between $45-$47. Not sure where the handle comes in yet and I don't want to make any assumptions so we will wait on that. This is looking healthy despite the current market conditions in my opinion because with life being so hectic and the limit to outdoor activities... television may be some of our only fun for the next few months... again! Viacom also inked a multimillion dollar deal with Comcast to extended some of their channel services to the company including BET+.
NASDAQ:VIAC
Ethereum/Bitcoin (ETH/BTC) Potential Cup & Handle - 0.1 targetOn the 1D ETH/BTC chart, we have a cup & handle pattern, which created the lid, with the handle bottoming out in October.. The price has now rose above the lid, at which point we may see another push upwards to the target area of 0.1 BTC. This would be a large gain, and may take some time to complete.
One Medical completes cup. Handle next before breakout?Will the handle form next and then the breakout?
Wait and see.
IOTA Enters Buy Zone after RestestIOTA is a great alternative to other assets associated with it that do not have good entries. Luckily I believe not only will IOTA print, but it gives great staking rewards as well. As you can see the RSI is just low enough to warrant a buy on the 1D chart. There is a large cup and handle pattern which produces a major target of around 3.9. However, I would not be surprised to see this go further once the market starts going. Anyways thanks again and tell me what you think!
This is not financial advice. Do your own due diligence.
XLM Backtesting Handle of GIANT C&H?!XLM Has been building this potential cup and handle since the '17 top. Has Bitcoin topped and we are starting a new bear market without coins like $XLM $DASH $EOS $XRP etc not hitting previous ATH's?
In my opinion this could just be backtesting the handle (Last shakeout) before really something special here.
#NotFinancialAdvice
BTC Long term ??As it is obvious we have been in bloody days since 9 Nov and made many people panic BUT....
BTC has been printing a massive Cup and handle since 14 april and exactly after we hit the ATH it began a correction ( for handle ) ! in case of breakout from the top the holder we slightly should hit 100K in terms of CUP targets
Even though that we had a leg down now but its sitting at the support cluster of MA 100 on Daily chart + bottom of ascending channel and support zone ( yellow oval ) which i expect BTC to bounce from here and go for the breakout (handle of the cup)
What you think about this analysis ?
Feel free to talk in comment section below and make me right if im wrong
CRVUSDT Breakout and moves to TargetYet another example of an asset ready to move and helped by a little BTC push upwards. CRV was in a flagging pattern for awhile now and it was only a matter of time before it started to move towards the target. I think it still has a bit more juice in it before it starts to consolidate again before continuation. Once BTC gets going, its should head to the target without issue. This will likely create a small basing pattern and give us another smaller target. Thanks again everyone!
ILVUSDT Breakout Starts Move to TargetHere is another asset I have been mentioning that has moved due to BTCs recent push upwards. The RSI looks a bit high right now so you should expect it to consolidate into a continuation pattern soon and head up even further. This will likely create a small cup and handle further confirming the move higher. Thanks again everyone!
ADAUSD Bullish Divergence and Update (repost)Important things to note:
BTC is close to finishing its correction.
BTC hit 56.5, I told everyone it might go to 56.4, close enough.
BTC will have to push up above last low to insure bullish movement.
It looks like BTC is heading lower than I expected. I still think we are nearing the end of the pullback.
Unit then BTC will bounce around until the move is accomplished.
Total2 has reached the bottom of its pullback in my opinion.
Total2 will bounce around for a bit and then the upward move will start again.
ADA has finally has a good test of the 200MA.
I use a previous example of the 200MA test pushing the price upwards creating that base.
My thoughts on the overall pattern of ADA has not changed.
Basing patterns are common in a long term uptrend.
If you don't know what I mean by basing pattern, it means a cup.
Important dates to note:
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
Before pushing upwards, BTC will have to move past its last low. Until that point I expect it to just move back and forth basically. It has failed to maintain its current position but I believe we are nearing the end of the pullback. Total2 looks like it has a bottom, and I expect the movement to be similar to the movements in the past after a pullback (bounce around and consolidate, then push upward rather fast). Now, ADA was starting to form its basing pattern a bit early but got stopped by BTC . Everyone here knows I wanted to see a test of the 200MA before hand (I have talked about it in almost every ADA chart for the past month). So this move did not surprise me at all. Also, it doesn't change the outlook on ADA. The chart I made a few weeks ago calling for a basing pattern to form for ADA is what I expect to happen. I have shown you a previous example of what I expect. I have not been putting out as many ADA charts recently because honestly you know all of the important information at this point. BTC is on the last leg of the bull run, enough money has moved into alts to have them follow BTC , and ADA should create its basing pattern where it will produce more targets from there. Though I am sure posting everyday will gain me a bigger following, I don't care about a following, I am a trader. If I do not have something to talk about it wastes your time as well as mine, and I value my time. The most I do now, is explain past movements or call out something I see that may be of interest so you understand what is going on.
Tell me what you think?
This is not financial advice. DYODD.