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Cup And Handle

$BTC to ~$275k | Cup & HandleWhile I was looking back at / patting myself on the back for this positively identified large-scale Cup-and-Handle pattern on CRYPTOCAP:BTC that I called out in Feb '24 I couldn't help but notice another one, on an even larger time scale . I don't make the rules: CRYPTOCAP:BTC to $275k. Not today, not tomorrow or next week, but by the end of the cycle- I would be shocked if this doesn't play out. With BER:M2V already starting to make a run back to the upside and rate cuts seemingly just around the corner, JPOW seeming dovish, election szn, the list goes on... Things could get wild very soon. IMO-- job's not done, hold on tight!
BITSTAMP:BTCUSDLong
by httpz
AMD - buy the dipNASDAQ:AMD has seen a failed breakout out of a cup and handle 3c pattern. It has performed the worst out of the whole sector year to date. Earnings is coming up on July 30th, I believe this is a perfect setup for a rip to ATH, as AMD is seen as the biggest potential competitor for nvidia AI gpus. Cloud providers are buying every GPU they can lay their hands on, which is why I believe AMD will post great earnings, with strong growth in DC, target is ATH in the week following earnings which is why I am buying long diagonals (sep/aug) and bull spreads for August after earnings.
NASDAQ:AMDLong
by itay1542
1
Big fan of the GOLD cup and handleI'm liking the cleanliness of the 2011 - 2024 cup and handle. I am going to be a little unconventional here by going with a % target rather than $ target, which means I'm looking for a nearly 100% increase from the top of the cup ($2050) which gives a target of around $4100. It could certainly go higher depending on geopolitical issues, global finance issue, global debt issues, etc. but I think that's a good rest stop for this particular pattern. As for stops, gold is the only currency to have stood the test of time therefor we don't stop out on dips, we buy mor.
TVC:GOLDLong
by krugman87
SOL's situation+next targets and expected movements.BINANCE:SOLUSDT SOLUSDT is in the ascending phase by the cup and handle. SOL is in a large C&H if it follows these pattern, the price will have a nice rally. ⭐The pattern increases the price by the amount of the measured price movement (AB=CD). ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
4
Market sentiment largely extremely negative. This is a positive.Analysts and articles claiming that this might be the end of the crypto bull market. A few even announcing that we won't have an Altcoin cycle this round (seen similar reporting during past 2 cycles as well) since institutions will only focus on ETF-approved coins. And numerous extreme negative sentiments pervading all around -- which signals a good time to prepare to continue to accumulating more. BTC failed to set an ATH above 74kUSD after the latest FOMC meeting announcement of no rates cut = extension of accumulation opportunity . I was too optimistic prior to that. Personally, I am now waiting to deploy my final pool of USDC capital (and even BTC) once there is a clear sign of a turnaround around the next lower support level, prob into Kaspa. IMO, BTC could retrace down to 60kUSD or even 57kUSD next, and "worse" case, down to 38-48kUSD. Zooming out, it is presently merely consolidating sideways after a 90% increase from 38kUSD (23Jan'24), ranging btwn ca. 57k-70kUSD. Will take a wait and see attitude for the moment. If BTC do correct down to 38-48kUSD and then recovers back to 70kUSD, that would setup a massive cup and handle pattern with a measured move target of ca. 260-290kUSD! Just some crude thoughts to put it out there for later later reference (like what I usually like to do), to be refined upon later once I'm home.
BITSTAMP:BTCUSD
by cybernetwork
Cup and Handle Pattern Nearly CompleteI wrote about this in another post, but the chart is easier to see in this one. The cup and handle pattern on AVGO looks nearly complete on the hourly. Looking at the fib retracement, the bottom of the cup bounces nicely off of the 0.5 line, bouncing off of resistance at the 0.786, and the handle seems to be making it's way back up today. If we can get past the $1750 price at the 0.786, with the AI narrative and stock split ahead, I see a potential move up to $2,200 on momentum. The market is certainly due for a correction at some point, but I don't see it happening until later this year. Time will tell, and we'll just have to wait and see what happens.
NASDAQ:AVGOLong
by hufftrade
4