$COIN FIB EXTENSION potential Cup & Handle forming!The next levels to look out for are:
172, 186 and do I dare say 230 after ER??
COIN has to retest 186 and blast through to 230 on next area of resistance on the fib extension.
Good Luck to all if you are playing Earnings this Thursday!
I will be taking profit and rolling contracts into 230s for 3/1 regardless if up or down, I will average in if it drops but expect COIN to keep the momentum flowing.
I expect a beat and raise on guidance! Chart just looks too good for it to not pop, proceed with caution!
Cup And Handle
3 Accurate Predictions Made by AI for TeslaIn the rapidly evolving landscape of financial markets, Artificial Intelligence (AI) has emerged as a pivotal force, transforming traditional trading strategies into sophisticated, data-driven methodologies. This article delves into the role of AI in identifying and capitalizing on market trends, focusing on recent successes in detecting bearish stock patterns in Tesla (TSLA) shares. Through a detailed analysis of three distinct patterns—Cup-and-Handle Inverse, Head-and-Shoulders Top, and Broadening Wedge Ascending—this discussion illustrates how AI technologies, particularly those developed by Tickeron, are reshaping investment approaches.
The AI Revolution in Stock Market Analysis
The integration of AI in stock market analysis marks a significant shift from human-driven decision-making to automated, algorithm-based strategies. AI's capacity to process vast datasets, recognize patterns, and predict market movements is unparalleled. These capabilities enable traders and investors to make more informed decisions, often with higher accuracy and speed than traditional methods.
Tesla's Bearish Patterns
Prediction #1. Downtrend Detected
Cup-and-Handle Inverse Pattern
On December 7, 2023, Tickeron's AI advisor, A.I.dvisor, detected a Cup-and-Handle Inverse pattern in Tesla's stock, indicating a potential bearish turn. Initially priced at $242.64, the stock was monitored closely until December 12, when the bearish trend was confirmed, and a target price was set. By January 12, 2024, Tesla's stock reached the target price of $223.07, offering a 9.83% gain for those who shorted the stock based on the AI's prediction.
Prediction #2. Downtrend Detected
Head-and-Shoulders Top Pattern
Simultaneously, A.I.dvisor identified a Head-and-Shoulders Top pattern for Tesla on the same dates, with the stock also priced at $242.64. This pattern, another indicator of a potential price decline, led to a similar outcome. On January 12, the stock price hit the target of $222.45, again resulting in a 9.83% gain for traders who acted on the AI's advice.
Prediction #3. Downtrend Detected
Broadening Wedge Ascending Pattern
A more recent analysis began on December 14, 2023, when a Broadening Wedge Ascending pattern was detected in Tesla's stock, then priced at $251.05. This pattern, confirmed on January 3, 2024, signaled another bearish trend, culminating in the stock reaching a target price of $233.59 by January 9. This pattern offered traders a 6.44% gain, further showcasing AI's prowess in predicting market movements.
The Role of Tickeron Patterns and AI Robots
Tickeron's innovative approach to market analysis encompasses the development of AI robots capable of scanning the market for specific patterns. These patterns, such as the Cup-and-Handle Inverse, Head-and-Shoulders Top, and Broadening Wedge Ascending, are key indicators of potential market movements. Tickeron's AI robots not only identify these patterns but also provide actionable insights, including target prices and potential gains, thereby equipping traders with the information needed to make strategic decisions.
New Robot factory from Tickeron Trading Results for last 12 months
TSLA
AI Robots (Signals Only)
AI Robot's Name P/L
Swing trader: Downtrend Protection (TA) 73.57%
Trend Trader: Popular Stocks (TA&FA) 37.41%
Day Trader, Popular Stocks: Price Action Trading Strategy (TA&FA) 36.66%
AI Robots (Virtual Accounts)
AI Robot's Name P/L
Swing Trader ($700 per position): Hedge Fund Style Trading (TA&FA) 77.75%
Swing Trader, Popular stocks ($1.5K per position): Mixed Strategy (TA&FA) 65.65%
Swing Trader, Popular stocks ($700 per position): Mixed Strategy (TA&FA) 59.95%
Conclusion
The integration of AI in financial markets represents a paradigm shift towards data-driven investment strategies. Through the lens of recent bearish patterns identified in Tesla's stock, it's evident that AI technologies like those developed by Tickeron are at the forefront of this transformation. By leveraging machine learning algorithms and AI robots, investors can navigate the complexities of the stock market with greater confidence and precision. As AI continues to evolve, its impact on financial markets is poised to deepen, offering promising prospects for the future of trading and investment.
Bitcoin Next MoveCME:BTC1! CRYPTOCAP:BTC needs to hold 45.6k for bullish sentiment to challenge all time highs.
Currently CRYPTOCAP:BTC has broken GETTEX:52K and if a retest hold's at 48.5k this would be extremely bullish for Targets to 58k, 65k and ATH 69355.
While this is the larger picture, there are moves on smaller time frames allowing entry for trades or building positions. Should support zones not hold, shorting CRYPTOCAP:BTC to areas of value is an option but you need to be slick on entries via multi-time frame analysis.
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Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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Another idea invalidated. 69k then 28k.Well BTC is forming a handle, and the first one was at 48k, now we are above it, I am completely out of crypto, expect 69k scam pump coming, then a large dump to 28k to clear all the longs, then up only.
I'd say clear away from altcoins, and maybe do a swing in BTC here and there
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:BTCUSDT
😊Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️Bitcoin's recent performance has been strong
Short-term long positions are risky via overbought RSI
A correction may precede a potential move past $50k
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Cup and Handle
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!!
Closeup on Rose cup and handleThis is a closeup chart on the Rose cup and handle I have been tracking for a long time. With alts finally really heating up a channel is formed on the token. If this momentum remains I expect the token to ride right to the 15 cent price target short-term. Medium term, the golden fib attempt around 22 cents. I have held and staked Rose for a long-time.
USDCHF: Bullish Continuation Confirmed 🇺🇸🇨🇭
After a violation of a neckline of a cup & handle formation on a daily time frame,
USDCHF was consolidating for quite a while within a narrow horizontal range
on a 4h time frame.
The resistance of the range was broken during the yesterday's NY session.
We see its retest and a strong bullish reaction now.
We may anticipate a bullish continuation to 0.88
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Freshworks possible BUY ideaFreshworks, ticker FRSH, is looking good for buying at the moment. This IT services and customer resource management software company, reported it's first operating profit quarter since becoming a publicly traded company. It competes with giants such as Salesforce(CRM) and ServiceNow(NOW)
What to consider?
1. Stock has already jumped from the smaller Cup and Handle formation on December 13th, and its upward move was great, with increase in buying volume and price rise. It went from $21.17 to $24.15, closing above its 52 week high on Friday, December 15th.
2. I will be looking for the stock to make some price pullback for me to enter it. Best price I will be looking, for entering, will be on 50% Fibonacci retracement line, sitting at around $22.48-$22.5 price level. I love adding to a position or entering one on that Fib level.
3. If I am to enter on that level, my stop loss will be around 78.6% Fib level, which is sitting at $20.88 price level, which is a good price level, a deep stop loss level, since it is some 13-15% away from the current stock price. So, this basically means that I would like to give some breathing room for this stock.
This will be my scenario A.
Scenario B, is the one which is happening at the moment. We are having a bigger Cup but without the Handle, which was broken on Friday. If we check the depth of the Cup and try to catch the entire depth of the cup, we could see the price rising to some $30ish levels. Which will be just above the previous resistance line, sitting at $29.7-8 price level.
Surely, there will be couple of good opportunities with this stock. Will keep you all updated!
EURJPY : Price Action Analysis & Bullish Continuation 📈The EURJPY currency pair has shown two bullish patterns. Initially, it traded within a falling wedge pattern, and then it formed a cup and handle pattern within the wedge.
However, the price broke both the neckline of the pattern and a resistance line of the wedge with two consecutive 4-hour candles. As a result, I anticipate a bullish continuation up to the level of 162.00.👍✅
Could PULSEX do a 12X from here?That is the Logarithmic cup and handle target
The current price is also around about the rate after bonuses that supporters of free speech and movement :) received with bonus amplifiers if they were in a large pool --- roughly I don't know the details
So it makes sense that numbers slightly above a 10X is where Pulsex may struggle, to get much beyond.
Lets see how this plays out
good luck in your speculations.
#PLSX
#PLS
#HEX
#RichardHeart
#SEC
update on BTC cup and handleThis is a weekly chart I have been publishing for over a year now, back before the handle was even starting to form. On the very long term picture BTC is clearly bullish, even if we flush down to 28k that will complete the handle for launch time. I am uncertain if my dead cat bounce will play out but my bags have been packed with long only spot mining stocks/coinbase stock and a variety of altcoins for a long time. Either way we head I am happy. I will likely short this pump with a small position likely using mara stock though. My short zone is 50-52k.
To be clear I am long-term bullish, very bullish, short-term bearish.
CUP & HANDLE on LYRA ?Possibly a cup and handle in training on the LYRA project (I've also positionning on it on DCA zone).
PRAX Cup and HandlePRAX is forming a pretty clean cup and handle on the 65min chart. It also just filled a gap to the upside from March 2023. Been riding above the EMAs and the 50 just crossed the 200. RSI near overbought, but I view that as a sign of strength in this case. A clean break on volume above $46 could see this nearly double, quick.
CADJPY CUP AND HANDLE PATTERN Greetings, fellow traders, and welcome to our analysis! I trust your trading week is off to a splendid start.
Today, our focus turns to CADJPY, where an intriguing Cup and Handle Pattern is forming on the daily chart. If you're eager to delve deeper into the world of Cup and Handle patterns, feel free to enhance your knowledge by clicking here: (). But be sure to return here for the rest of this analysis!
Observing the price action, we spot a distinctive double bottom with a Low Cup at 104.247. At present, the price is positioned below the Breakout level at 110.624, and keen-eyed traders will note the ongoing development of the handle phase.
When the awaited breakout materializes at 110.624, we'll spring into action and execute the trade, securing our stops just below the previous low pre-breakout. Our sights are set on the first target zone: 62% at 120.845 and 79% at 123.620.
And that's not all – keep your trading antennas finely tuned, as additional setups may converge on smaller timeframes, further enriching our trading landscape.
Remember, trading is an ever-evolving journey. Stay vigilant, stay informed, and, most importantly, stay tuned for more exciting developments in the world of trading. Happy trading, everyone! 📈📉🚀
It going to give 13 years Breakout!Bajaj Hindustan (Ethanol/Sugar Company)
if it sustain above 35 then I'm bullish in this for 100% gain.
It'll going to give 13 years breakout.
Keep an eye on this.
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