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Cup And Handle

BTC cup and handle updateBTC looks to be pushing my more bullish target rather than correcting like I thought it would. 58.4k is a very important zone for continuation of this bullish trend. ETF inflows have been massive, maybe the market conditions for BTC will never be the same, maybe we need to revaluate how cycles will play out going forward? -I still plan on a major correction before mid-april -I do not use leverage for crypto (maybe puts on miners occasionally) -I am not adding here as I am heavily exposed to crypto directly and through certain stocks -I am hoarding cash to buy the dips if they come, either outcome is a win for my long-term portoflios
BINANCE:BTCUSDLong
by Apollo_21mil
PDD - We've seen this exact PA before! Making sense of itThis is no surprise to anyone who's been watching and understanding my analysis videos, specifically on PDD. Our strong controlled selling magenta algorithm took control of price and tapered purple did not act as resistance as bulls would have hoped. Rather, similarly to price action in the past, we found support on our blue tapered controlled buying whereas bears subsequently pushed price into a deeper liquidity build for bulls. We will now be looking for magenta to continue to build liquidity with purple tapered to gain support of price in order for bulls to activate any sort of buying continuation. When purple taper starts to control price, we can begin to look for bullish PA back into previous highs and there we can expect large and consistent gap moves upward. Hope this was helpful and that you're all enjoying the weekend! Please join me tomorrow at market open (9:30 AM EST) where I will be trading live on a stream here on TradingView and taking trades, analyzing charts, and having fun with our awesome community. And as always, Happy Trading :)
NASDAQ:PDD
by ReigningTrades
2
DOW breaking out of it's downtrend?DOW Inc. had been downtrending for quite some time (since it made a double-top peak in April of '22). But, I'm seeing signs of life. On the monthly timeframe, it's squeezing with rising momentum. On the weekly timeframe, the squeeze fired 2 bars ago and, there's a Daily squeeze primed to fire long. Combine that with the fact that it just formed a nice cup & handle as it broke through the downtrend line and I think the squeeze could provide enough juice for a run up to that resistance just in time for earnings.
NYSE:DOWLong
by ThetaGator
RDNT May Claim 0.3850 "IF";RDNT was going slow for a long while. Usually it loves to peek when Bitcoin consolidates. But it may be different this time because in technical way it's possible for RDNT to reach 0.3850 right now. Moving Averages looking fine for a rally, RSI above 50 in daily time frame and also more positive signals from other indicators. In order to be sure, I'll wait RDNT close above 0,3250 in weekly time frame. The Target is specified. Good luck to us all.
Long
by vs_sayin
XAUUSDA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. KEY TAKEAWAYS A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis, How to Make Money in Stocks.
ICMARKETS:XAUUSD
by rashidsaeed8084