Get started

Cup And Handle

Altcoins (Total3) UpdateI think the moment has finally come, we are about to see the formation of the handle, and hopefully alts correct alongside BTC into mid April. A 60% climb to all-time-highs over the coming months. Then we will likely see a few bull market corrections brutal in nature. -Short-term we tap the golden fib again and possible flush downward 50B or so -Medium term rocket ship to 1.1 T -Next Spring/Summer we are baffled by how insane the high momentum alts have gone
CRYPTOCAP:TOTAL3Long
by Apollo_21mil
1
BTC Cup and handle formationI stumbled across this idea for a cup and handle formation while looking at a chart for Solana on a one week time frame. I subsequently switched to Bitcoin and found the same pattern forming which isn't surprising, I suspect Solana is just tracking bitcoin. Current sentiment is for Bitcoin to rally above previous ATH, and with this pattern forming it would confirm this. I expect a pullback to occur to form the handle, and from there a breakout towards the upside. How I would look at trading this, wait for the handle to start forming. Draw in the downward trendlines. As soon as price breaks above the upper trendline, place a long position. This may not play out, if there is too much resistance we may see the price falling back down.
Long
by Jarryd
TUPRS - 6 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
BIST:TUPRSLong
by TheArtOfCharting
SOL Elliot Impulse Wave SOL has been continuing its rally since February 7, 2024. At the moment, I think it has completed the 1st wave of the Elliot Wave impulse wave and started the 3rd wave. As of today, I opened my long position and I think it will rally to a minimum of $ 3. If it falls below $1.90, I will close my long position. I plan to close part of my long position around $3. For my remaining long position, I will decide according to the movement in those prices. Emeren anticipates net income of approximately $26 million for the fiscal year 2024. The company has also done a lot of share buybacks recently. Looking at the fundamental analysis of the company, I think that it is currently priced very low on the stock exchange.
NYSE:SOLLong
by selmanduatepe
3
Atlas (ATLAS) Chart Analysis: Observing a Cup and Handle PatternThe ATLAS/USD weekly chart exhibits a pattern resembling a cup and handle. If confirmed, technical analysis suggests a possible price target in the range of $0.05-$0.10. This potential price increase coincides with the growing interest in gaming-related crypto projects within the cryptocurrency space. Some analysts believe that after the surge in meme coins, the gaming sector might be the next area for significant gains.
CRYPTO:ATLASUSDLong
by ParabolicP
AMZN's Cup and Handle forecasts bullish continuation LONGMZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and November 2021 in the range of 187 ). On the reliability of a cup and handle pattern and that of a daily chart compared with a lower time frame I will take long positions in AMZN in both AMZU EFT shares and long dated call options for AMZN more or less ITM at $ 175.
NASDAQ:AMZNLong
by AwesomeAvani
MYRIA - Elliott Wave AnalysisIn the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1). We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2 support which is shown in the chart. Now we expect the 3rd Wave rally (green 3) of the larger 3rd Wave (white 3) to come. The first target of the green 3rd Wave is ~0.23 - 0.24 which is also the 1 to 1 target of the white 3rd Wave. Duo it being an "altcoin" it is possible to get an extended Wave 3 with shallow retracements along the way due the bullish market sentiment at the moment. Additionally it is possible to draw a cup and handle pattern where the decline of the past days is the handle in form of a downtrading channel. Here you would be looking for a break and retest of the channel. A sustained drop below 0.0082 decreases the probabilities of the imminent bullish set up and indicates a potential reset of the white Wave 2. NO FINANCIAL ADVICE.
Long
by KanashimiBro
2
JOE's situation+next targets and expected movements.Hi. BINANCE:JOEUSDT 😊Today, I want to analyze JOE for you in a WEEKLY time frame so that we can have a Mid-term view of JOE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). The JOEUSDT is in a Bullish phase by Ascending Triangle & Cup & Handle. - You can look for reasons to enter according to your own personal strategy after approval . ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Cup&Handle - Ascending Triangle Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2