LONG TERM GOLD CUP AND HANDLEGold is forming a massive cup and handle on the weekly chart.
In this chart you will find some interesting support and resistances, as well with the timing.
Cup And Handle
GOOG “Google”……”Cup and Handle”Google formed a “Cup and Handle” Pattern……Broke and retest highs……we could see GOOG “Google” go on a nice run soon……let’s see how this one plays out!
GOOG- a cup and handle in formation LONGGOOG on the daily time frame showa a cup and handle pattern beginning at the November 21
high from the uptrend out of the Covid "crash" Price has printed the cup and returned to the
same price level of about 150 ; A handle is forming now. The cup and handle pattern forecasts
a bullish continuation from that price level to the extent of the height of the cup. Accordingly,
this would be from about $ 150 to about $220.
Daily charts have high reliability as do cup and handle patterns. The RSI indicator shows
strength in the 50-60 range so GOOG has a long way to go before being overbought. .
Once price is over $ 150, I will initiate a position on GOOG shares and look to also take call
options striking $150 for late 2024 or 2025.
GOOG- now at ATH completing A Cup and Handle LONGGOOG as shown on the daily chart has completed a cup and handle and has the momentum
of moving up to its previous ATH set 2/1/24 and November '21. This could forecast bullish
continuation to add $50-70 onto current price as so 30% onto the market cap. GOOG has
been relatively stable in the current general market environment. Earnings are coming in
three weeks. Google is dependent on ad revenues primarily and so its income stream is
relatively narrow focused no matter the variety of its services. I will take a long trade
here expecting good price movement heading into earnings with a trim of the position
just before earnings and stop loss adjustments at increments to diminish.
Mana Long Term Setup (Also short term)Decentraland (Mana) is about to go to the clouds once more again.
Everything's set and ready;
According to Elliot Wave Theory, phase 2 on weekly time frame has ended. We are ready for Wave 3, which is the wave you'd wanna be in for.
In 3 day chart zone, RSI is strong. Also in 12H time frame as well. I checked it's on chain data as well, looks okay.
Only Buy "Spot" and Hold until the target price is hit.
No stoploss will be given.
Short Term targets: 0,8217 - 0,8860
Long Term targets (for gigachads): 0,959 - 0,1267
Turbo Token: A GPT-4 Inspired Meme CoinThis structure looks like a cup and handle to me. I've indicated a key level of support and resistance with the blue lines.
Here are some tips for identifying a Cup & Handle pattern:
Cup Formation:
The pattern starts with a rounded bottom (the "cup") that resembles a "U" shape on the stock chart.
The left side of the cup shows a downtrend followed by a gradual bottoming out.
The right side of the cup shows a gradual uptrend, forming the other half of the "U" shape.
Handle Formation:
After the cup formation, there is a slight downward movement in the stock price, creating a smaller dip known as the "handle."
The handle is usually shorter in duration compared to the cup and has a downward-sloping or sideways trend.
Volume:
Volume tends to decrease during the formation of the handle, indicating a temporary decrease in trading activity.
Breakout:
The pattern is considered complete when the stock price breaks out above the resistance level formed by the top of the cup (often called the "lip").
This breakout is typically accompanied by an increase in volume, signaling potential bullish momentum.
To confirm a cup and handle pattern, traders often look for these characteristics and use technical indicators such as moving averages, relative strength index (RSI), and volume analysis. It's important to note that not all cup and handle patterns lead to significant price movements, so traders often combine pattern recognition with other analysis techniques for better decision-making.
Learn more about TURBO here => turbotoken.io
CRUDE OIL (WTI): Gap Should Be Filled 🛢️
We see a nice gap down on WTI.
As always, there is 80% chance that the gap will be filled.
I already see an intraday price action confirmation.
Goals: 86.6 / 87.4
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USDCHF: Bullish Move From Support 🇺🇸🇨🇭
USDCHF formed a cup & handle formation after a test of a key horizontal support.
At night, the neckline of the pattern was broken.
It indicates the strength of the buyers and a highly probable bullish continuation.
Goals: 0.9057 / 0.907
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SUIUSDT LONG (CUP AND HANDLE)It looks like a very clear cup and handle pattern. Since I also think that Bitcoin will rise during the halving period, I think the cup and handle will run.
$CPNG has potentialOn the weekly, this is a relatively young IPO that's been working on stage 1 after a brutal stage 4 decline. Holding in the upper range now and showing institutional demand.
Cup with handle on the daily chart.
Held up very well last couple weeks with handle low potentially in.
Classic Cup & Handle Breakout & Re-testVery simple - a classic cup and handle formation, already confirmed and re-testing a breakout:
- has already broken out of the handle forming a 2nd smaller cup
- and since broken above and held above the weekly cup's neckline
It has held above for several weeks and is now re-testing that neckline.
Targets are TP 1 and 2, measured from the length of the bottom of cup to its neckline, from its neckline up (TP 1) and then a half length above that (TP 2).
Conditions for hitting take profit targets are:
A.) holding the neckline or
B.) a weekly candle close with a pullback below that quickly reclaims it in the following week or so.
Huge cup and handle on AKTAKT like many alts is forming or has formed a huge cup and handle. This price action is wild to see, the same draw down that happened before the last crash happened all over again. The crash dip was an 46% move, the dip we just saw was 37%. If we retrace all the way back to the golden fib we have another 20% downside. My short-term target remains in the sevens. The resolution of the cup and handle is around 12$. BTC is likely to continue to wash out leverage so be careful. I wanted AKT as an Ai exposed token that provides passive income while I watch the cycle play out, this helped diversify my RNDR bags.
-Remember, my colleague and I have been in alts since the bottom 15k BTC price
-Do not let fomo control you
-Dip buying on these massive corrections in small amounts works well
-Bitcoin is a safer dip buy than any alt any day for long-term minded folks
CL1! Chart Idea - Swing LongOil Chart Idea - 3-28-2024
Bullish for next few days / week as
it has made a cup n handle pattern in 4hr TF
and most likely close the candle above 82.35
TP should be close to 84.40
Altcoins forming the handle of the cupAltcoins continue with downside and pressure as BTC dominance rises, the only alts pumping right now are Bitcoin related alts. Another test of the golden fib here to the downside or 600B market cap, this would be a brutal correction, it already has been for many alts. I do not expect us to fall that far but a meaningful correction into the halving makes sense.
COLG PSX KSE1001. Price is following a downtrend through the channel.
2. Price successfully retraced from the previous low highlighted green zone.
3. Expected formation cup and handle.
AUDCHF: Classic Trend-Following Confirmation 🇦🇺🇨🇭
AUDCHF is trading in a bullish trend.
After the price set a new higher high on a daily, the market
retraced to a key horizontal support.
This morning, the price formed a tiny cup & handle formation on that.
Its neckline was broken after a release of CHF fundamentals.
We can expect a trend-following movement now.
Goal - 0.59766
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LULU has a CUP and HANDLE that is ready to RiseLULU has formed a cup and handle over the past 2 years and has finished forming the handle and is ready to rise. The RSI is also telling us that there is momentum going into the pattern
CRUDE OIL (WTI): Price Action Analysis & Trading Plan 🛢
Detailed technical analysis for WTI Crude Oil.
Price action & important key levels.
Daily/4h/1h time frames analysis.
Bearish outlook explained.
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NUNET #NTX AI Crypto SEXY chart , sexy category DYOR
from my 2 mins of research ;
I doubt a real usage of graphic card buying and renting going on through this platform
A SCAM if u will
but that really doesn't matter for the price going forward if you only plan to ride a up wave... and not marry the bag.
Maybe one of these platforms will actually be used to provide decentralised compute
RNDR, GPU right ?? are those real? who knows
like I said doesn't matter
the chart looks good
So that's why I am sharing it.
Linear Finance #LINA readying itself for the bull marketBeen talking about the General Altseason for a while now
It's been teasing us for some time
As the chart of Linear clearly shows
1 year of death
2 years of sideways
is the price you pay for 1 year of up , with most of the gains arriving in the final thrust
where you will not be wanting to sell lol
Crypto is a cruel mistress.
So LINA i believe is close to breaking out
DEFI cycle two narrative
and a cycle two coin
gains can be had but obviously keep your expectations muted .. it's more for bag holders being given a chance to get out than wild upside
TONCOIN - A Possible "Cup and Handle" PatternIt is almost at the half of the handle, but we need to wait a little bit more to be sure. If it happens, it is possible to break the $3 resistance, as well as reaching the next milestone, $4..
Also see my previous TONCOIN idea that made nearly 100% profit in short time.
E SAALA CUP NAAM DEAxisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering.
Risk:Reward = 1:2
Could be bought with mentioned stoploss & target.
DEEPAK NITRATE for Swing- At verge of channel breakout in Daily TF.
- Change of momentum to uptrend is seen in Weekly TF
- Rounding Bottom formation in Weekly TF
