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Cup And Handle

CAMS NSE 3Y RBC Breakout MTF/WTFCAMS has formed a 3Year Rounding bottom Cup( RBC) with. High Volume creating a new All Tile High (ATH) and 52W ATH on the Weekly and Monthly time Frame (WTF/MTF) Price is currently above 21EMA and 21EMA is above 50 and 200 respectively suggesting a Bullish Trend CAMS is trading above the 50% FIBO Retracement Range CAMS is currently consolidating in a Range, Enter when Range is broken on WTF. SL below thw consolidation Range @4200. enter with 25% Quantity when price touches @4300..Add progressively. at higher Close
NSE:CAMSLong
by billpramod
BTC [1W] Cup with Handle is formedHello friends! We have prepared an analysis of the BTC chart based on the "Cup with a handle" pattern. At the moment, all the conditions for working out this pattern have been formed. 1. There was a bullish trend before the pattern was formed 2. The deflection in the cup is not more than 80% of the previous trend 3. The length of the handle is not more than 50% of the length of the right side of the bowl 4. All this is on a high time frame of 5. The EMA 200 enhances the pattern when the handle is located at the bottom
BITSTAMP:BTCUSDLong
by Gethodl
TOTAL3 is time to continue push UP 1. Cup and Handle Pattern: The highlighted region resembles a cup and handle pattern, which is generally considered a bullish continuation pattern. The cup part spans from around mid-2021 to mid-2023, while the handle is forming after the cup's completion, indicating potential consolidation before a breakout. The rounding bottom of the cup shows accumulation after a downtrend, signaling a reversal in trend. 2. Breakout Target (1.618 Fibonacci Extension): The projected target is marked with a 1.618 Fibonacci extension, a common tool used to predict possible upside after a breakout. This level is approximately 1.618 trillion USD. The price has already started moving upwards after the handle formation, suggesting a breakout might be underway. 3. Current Market Situation: As of the latest candle in the chart, the total market cap excluding BTC and ETH is sitting at 634.208B USD. There’s a notable surge of about +12.91% in the current period, which aligns with the idea of bullish momentum taking over after the handle's formation. 4. Bullish Flag (Handle): The handle portion seems to form a bullish flag, which is a continuation pattern that confirms the overall uptrend. Once the price breaks the handle's resistance, the expectation is a rapid increase in market cap, potentially reaching the target shown. Conclusion: The chart indicates a bullish outlook for the altcoin market (excluding BTC and ETH). The cup and handle pattern is one of the strongest continuation patterns, and with the market currently showing signs of strength, a breakout could take the market cap towards the 1.618 trillion USD target if the current trend persists. However, be mindful of market sentiment and global macroeconomic factors that can affect crypto markets.
CRYPTOCAP:TOTAL3
by YogaID
NOT is BullishNotcoin has formed a formation known as Adam&Eve. Similar to cup handle and it's bullish. As long as the last low holds, we can expect a growth in momentum with large green candles. On the other hand, TON is forming a symetrical triangle which is kinda dangerous for the moment due to the news of the CEO of TONCOIN. Why is it important for NOT? Because they are using the same network. You can consider it as SOL and JUP reloationship. Breaking above 0.008515 will make NOT worthy again. Use 0,00915 as first, and 0.00963 as second Target. Remember to use stoploss as well but it's your decition for this time.
Long
by vs_sayin
RSCH - CUP WITH HANDLEI bought the stock today August 16, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has formed a classic cup with a nice drifting handle 4. Strong prior moves before it gone through its base formation 5. High relative strength 6. Hand in hand with the indexes making its new highs 7. More stocks start to setup constructively Flaws: The market is still very vulnerable to go through another corrections I'm still waiting for some traction in the market before I start trading aggressive. Hence, I like to see some follow through action from now.
IDX:RSCHLong
by rifqonr
BTC - Looks extremely Bullish/Breakout Coming?BTC has been consolidating for months since setting new highs. Massive cup and handle on the weekly and a textbook bull flag in n the daily. Watching the channel on the 1hr and 4hr charts to await a break of the channel the flag is currently in. Candles from 15 minutes up start closing above $63500 I’ll be looking for a breakout to test $65000 and then ATH before a larger run up. BTC can move fast and dump just as fast, so I will use MARA, BITO, or MSTR call options for the breakout if it happens.
Long
by Twelve_29_Options
$BTC - Hourly C&H | Enough to break through $65k?I’ve spotted a classic Cup and Handle (C&H) pattern on the hourly chart, and it looks like it could be a promising setup for a long position if we are indeed gearing up to challenge FWB:65K again. Trade Idea: Entry Point: Look for a breakout above the handle’s resistance level. This confirms the pattern and signals a potential upward move. Target: Aim for a 3% gain from the breakout point. This target is based on the typical price movement following a C&H breakout. Doing incremental TPs at the Fibs make sense as well Risk Management: Place a stop loss just below the handle’s low to manage risk effectively & always ensure your position size aligns with your risk tolerance. Who is bullish? Nfa dyor yakwtfgo
BITSTAMP:BTCUSDLong
by httpz