Cup And Handle
Why I Sold BTC (to buy at a discount in October)What better time than now for a reality check, and a cuppa ?
Exuberance has reached levels I've noted in previous bull cycles that is indicative of a pullback/retrace.
Nearly every indicator shows it: we are far past the "greed" stage.
Nearly every fundamental event which called for this exuberance has passed.
Nearly every layman who has raised the topic of crypto is relatively green to the space - and quite excited about how they're going to strike it rich.
Pointless shitcoins are skyrocketing to dizzying heights.
See you all in October!
🚧ALPHAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:ALPHAUSDT
Today, I want to analyze ALPHA for you in a 3D time frame so that we can have a mid-term view of ALPHA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
ALPHAUSDT is going to test the top of channel & C&H on 3D timeframe🤔
Up we go if we do breakout.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Ascending Channel
- cup & handle
Stay awesome my friends.
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✅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!!
BTC Up for a new high then big pullbackCurrenlty BTC has equalled all time lows which has created a nice cup. Will we dip for the handle or does it continue to pump. The Monthly/Weekly/Daily RSI is supercharged (over 70) and this will continue to push it up to new highs. But looking at the Monthly RSI we are on our 3rd high which techniacally means the pull back is coming after the new high. We will look closer to this as it plays out, but the new high is looking to enter the 100K mark.
BTC Macro Chart As it formed Cup and if it follows to complete the Cup and Handle Pattern, then we might see it forming it's handle as well already marked the levels in the chart you can have a look. And if it goes the other way then it should move 8-10 thousand dollars up. Let's see which way it goes. Drop a comment
Thank You
MARA.NThis chart and analysis are not financial advice. Do your own research before trading or investing.
Disclaimer: This is just an idea, not financial advice.
Here's why some people might be interested in MARA.N:
Trading activity is high: There were a lot of shares traded recently, which can signal interest from investors.
Industry is hot: Tourism is picking up, and hotel stocks might benefit.
Why some investors might be bullish on MARA.N (optimistic about the price going up):
Support levels: The stock price has recently held steady around $2.90-$3.00. This is a good sign because it suggests there are buyers willing to step in at that price.
Past resistance turned support: The stock price used to have trouble going above a certain level, but now that level might actually act as a floor instead.
Technical indicator: A technical measure called the 50-day moving average is also trending upwards, which some traders use as a sign of potential future growth.
Breakout pattern: The stock price might be about to overcome a recent obstacle, which could lead to a price increase. There could be a gain of around 25%, but the price might fluctuate some before going up.
Potential roadblock:
Resistance level: There could be difficulty for the price to break above $3.50-$3.60 in the near term.
Remember: This is not financial advice. It's always a good idea to do your own research before investing in any stock.
#UNI --- Uniswap to soar back into the 20'sAs a brand
how do u compete with a leader
Uniswap being the leader of on-chain exchange
Coke is the brand to invest in
(what stock did Buffet buy?)
not Pepsi
not RC cola
Do you get where I'm coming from
And I am not getting into to who, what or how
they have been infiltrated
but clearly they have
As an investor
you MUST pick the best of breed
That has historically been the best route to success.
UNI to rip is my prediction
PEPE☕Cup & Handle Pattern Here I'm laying out the cup & handle bullish reversal pattern I believe is likely to play out. For now we need the breakout of the pattern to the upside a re-test and a bullish candlestick pattern as entry trigger.
So far, we've got the breakout of the consolidation channel but not that solid, still a breakout with consolidation increases the odds of the trade to play out. So we need that candle to be taken out, once that happens, that's our entry trigger for this idea.
I belive on TP based on the range the pattern took to create itself based on the newtonian principle. So projected price TP is below supply zone below 0.0000030 which is also a round number which adds extra confluence to this trade.
Manage risk accordingly and let's see how this plays out!
Stay tuned!
Kina ☕
🚀 FTX coin $FTT to $6 up for some jaw dropping action? 🚀Hey everyone, today we're diving into the price chart of Sam Bankman Freud linked FTX coin BINANCE:FTTUSDT and let me tell you something, the charts are buzzing!
Just a quick few stats before we get to the good stuff. FTX a coin which at one point was regarded by many as a "Blue Chip" coin, rivaling the likes of Binance-linked coin BNB and other heavy-weights is currently sitting with a Fully Diluted Valuation (FDV) of $823 million placing it many positions away from the top 20 leagues it once occupied.
A huge chunk of the price losses that the coin suffered can be traced back to the collapse of FTX exchange and the arrest of the founder. However with the recent move to compensate or allow users to recover the funds that they lost in the debacle it's looking like the exchange is preparing for a major comeback.
**📈 The Chart: Cup and Handle Glory 📈**
Alright, enough of that let's talk technicals! We've got a Cup and Handle formation on the TSX:FTT chart that's as clear as day. You can see it below
Another interesting thing for me with this chart is the handle bit of the cup and handle. It's not just any handle we're seeing— the handle formed from a falling wedge, which for you chart enthusiasts out there know is a MEGA bullish signal that The Blue Investor can never ignore.
**🔍 The Double Bottom Dance 🔍**
Now, let's rewind a bit. A few months ago in January TSX:FTT retested the neckline of a previous double bottom from 2023. In my mind, that was not just a bounce, folks—that's a trampoline leap showing us that TSX:FTT has the legs to jump higher!
Following the bullish breakout from the falling wedge, if this bullish momentum is sustained at the least we can expect the market to push price to $3.20 to complete an AB=CD for the CnH.
At the time of writingwe're sitting at $2.50, a push to $3.21 would be a 30% gain in the spot price. Beyond that, I'll be looking at—$5.50, and for the moonshooters, a jaw-dropping $21.98! These aren't just hopeful dots on a chart; they're calculated destinations based on pure, unadulterated price action.
**🌟 The Rally Cry: Why TSX:FTT Deserves Your Attention 🌟**
In the last 7, 14, and 30 days, TSX:FTT has been on a tear, posting gains of 44% and 46%. That's a green flag waving us towards opportunity.
So, whether you're here for the thrill of the trade or the long-term play, I think KUCOIN:FTTUSDT is a token that deserves your screen time. With technicals that are as compelling as the plot of a blockbuster movie, this is one asset you'll want to keep on your radar over the next few months, you can thank me later!
Remember, in the crypto game, timing is everything, and the TSX:FTT chart is screaming 'now or never.' So, keep those eyes peeled, those minds sharp, and your strategies ready.
And that's a wrap for this trade idea! If you found value in this analysis you already know what to do. Until next time, keep those trades smart and your investments smarter!
(Disclaimer: This content is for educational and entertainment purposes only. Not financial advice. Do your own research and consult your financial advisor before making any financial decisions.)
GBPAUD: Cup & Handle PatternExamining the price movement of 📈GBPAUD over a 4-hour chart, I identified a clear instance of a Cup & Handle pattern.
The price has successfully surpassed and stayed above a key level, indicating strong buying pressure.
I anticipate further bullish movement towards 1.9638. To enter the market, look for potential retests of the broken level.
Epic Cup & Handle Loading ....
In my latest technical analysis of the BTCUSD (Perpetual Contract), I've identified a compelling 'Cup and Handle' pattern that signals a bullish trend on the horizon for Bitcoin. My chart showcases the formation with a well-defined 'cup' and a smaller 'handle', indicating a period of consolidation that could precede a significant upward breakout.
I've marked the 'Cup Depth' to emphasize the price range from which we've rebounded, and the volume profile to the right distinctly shows a dense cluster of trades at the 'retracement level', underscoring it as a robust support zone.
With a target box assertively set above the handle, I'm forecasting an ambitious price target in this cycle for Bitcoin (>$250K), reflecting my strong belief in the predictive power of this pattern.
GULFPETRO - BUY ACTIVE
GULFPETRO -GP Petroleums Limited - BUY ACTIVE
Chart Insights : Daily Chart
Stock closed at 84 on 04-Mar-23
We can see stock is formed cup & handle pattern and tried to break the resistance and can see that its sustained.
Best BUY on 60-65 level, keep monitor for future investment. If it crosses 100 level and sustain we can see good upside move.
Drawn support and resistance levels on chart for entry and exit reference.
Its for Risky Investment Players, others can invest less and wait for best buy level for good returns.
UNIT - 7 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.
KORDS - 14 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.
AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :)
For more info related on AGIX: www.ccn.com