Cup And Handle
4 Accurate Predictions Made by AIRecent trends in the cryptocurrency market have sparked interest in the performance of specific digital assets, including Origin Protocol ( BINANCE:OGNUSD ). Notably, this particular cryptocurrency has experienced significant fluctuations, catching the attention of traders and investors alike. Origin Protocol's journey in the market has been marked by both bullish and bearish patterns, as identified by Artificial Intelligence (AI). These patterns have resulted in varying gains, from a significant 27.80% to a more modest 8.53%, depending on the specific pattern and market conditions. AI, a sophisticated tool for market analysis, has detected multiple bullish patterns in the trading of Origin Protocol.
Prediction #1. Uptrend Detected
"Three Rising Valleys"(On December 28, 2023, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.146554). On January 03, 2024, AI confirmed the Bullish pattern, setting a target price of $0.198600. 8 days later, on January 11, 2024, BINANCE:OGNUSD reached the target price resulting in a +27.80% for traders who took a long position in the stock.),
Prediction #2. Uptrend Detected
"Head-and-Shoulders Bottom" (On December 11, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.127435). On December 15, 2023, AI confirmed the Bullish pattern, setting a target price of $0.167800. 19 days later, on January 03, 2024, BINANCE:OGNUSD reached the target price resulting in a +27.05% for traders who took a long position in the stock) patterns, each culminating in substantial gains of 27.80% and 27.05%, respectively. These patterns indicate a strong bullish sentiment in the market for $BINANCE:OGNUSD. Such insights are invaluable for traders looking to capitalize on emerging opportunities in the volatile world of cryptocurrency.
Prediction #3 Uptrend Detected
"Broadening Wedge Ascending" (On December 16, 2023, AI detected a Broadening Wedge Ascending Pattern (Bullish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.149192). On December 17, 2023, AI confirmed the Bullish pattern, setting a target price of $0.171900. 17 days later, on January 03, 2024, BINANCE:OGNUSD reached the target price resulting in a +8.53% for traders who took a long position in the stock.)
Prediction #4 Downtrend Detected
“Cup-and-Handle Inverse” (On December 14, 2023, AI detected a Cup-and-Handle Inverse Pattern (Bearish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.137301). 20 days later, on January 03, 2024, AI confirmed the Bearish pattern, setting a target price of the stock. On January 03, 2024, the stock hit the target price of $0.115000 – resulting in a +17.93% gain for traders who shorted the stock on the pattern detection date.) which yielded an 8.53% and 17.93% gain, present opportunities for strategic trading. Traders looking to capitalize on these trends should consider the timing, historical performance, and market conditions surrounding these patterns.
Finding Current Patterns with AI
If you're interested in staying updated with current trading patterns, particularly for cryptocurrencies like Origin Protocol, Tickeron is a valuable resource. This platform employs advanced artificial intelligence to detect and analyze market trends, offering insights that can guide traders in making informed decisions. Visit Tickeron to explore real-time data and trends in the dynamic world of cryptocurrency trading.
Patience Will be Paid !I know its a Monthly Chart and Pattern is Under formation & there are multiple Possibilities But I am sharing this after Checking on so many Timeframes, I know things will take time But It will Happen.
Although A very GOOD Weekly candle Close keep in radar.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Are we seeing the CUP AND HANDLE starting to play out???This just looks wayyy too much like the uptrend following the cup and handle formation. That would be epic!! I'm expecting this to be the case but we could also be stomped by the strong red resistance line we are clinging to at the moment. Oooo buddy it's gonna be a long night.
Bitcoin - Absolutely Perfect Cup and Handle Here you can see a perfectly executed succesfull cup and handle pattern.
I bought in right above neckline (40300) and sold half of my position at TP1 (41300) and other half in TP2 (42100)
The position is perfectly executed and was pinpoint accurate except 2 things.
2 potential things that could have been done to make the position more profitable were :
1 : I entered the position at 40300 where the neckline broke up to 40500 and gone for a retest at the neckline . but that breakout was failed and price was down to 39600 . I coulda waited for it to touch the base line of handle and bought from 30600
2 : I perhaps entered the trade at first breakout . I coulda been more patient and put order on a proper breakout confirmation so I wouldnt pay funding fee for days.
Other than that I think my execution was perfect for this trade.
*Key notes* :
When you look at daily chart you can see that 40350 was lowest bitcoin threw wick to since last month or so. thats why majority where bearish and got liquidated since they thought this fakeout was going to set BTC price back to 38k-36k range
If you look at daily and hourly chart between 19 jan and 22 jan you can clearly see how I decided for TP1 and TP2 points.
AAP Adam & Eve? Cup and Handle?Adam & Eve is a double bottom pattern. I think I see one here, but I don't have a lot of experience 1) catching these or 2) trading on them. I'm posting this less of a long call, but as an exercise to see how price action reacts at these levels.
Sometimes price will confirm the double bottom then waffle up and down, forming a handle. When price breaks out of this region, it often moves up in a strong trend. (source: thepatternsite.com)
I can also make out what I think is a cup and handle.
Note to Self: Study how/if A&E and C&H can/do work together.
Visa ~ The 12 Month Blue Chip Trade Visa - NEO:VISA
Earnings:
Rep: $2.41 EPS ✅ Higher Than Expected
Exp: $2.34 EPS
Revenue
Rep: $8.6B ✅ Marginally Higher Than Expected
Exp: $8.56B
6 - 12 Month Trade
A potential 29% relatively safe return for the 2024 year in this dividend paying, well performing blue-chip stock. c$2.00 per annum dividend per share .
Monthly Chart (left)
✅ Long Term Monthly Trend Intact
✅ Above 10 month moving average
Daily Chart (right)
✅Cup and Handle Breakout
✅Above 200 day aligning with diagonal support
🎯 Target 1 at $330 is where the long term and short term fib extension levels indicated overhead resistance will like be. Taking 80% of the position off the table here would be wise. The Cup and Handle tare may be reached at a much later date after a correction.
🟢ENTRY ZONE: $254
$264 would be ideal but I may enter earlier
❌STOP
The stop should be placed just under the horizontal support line at roughly $249. IF the 200 day or diagonal support is lost exit the trade. Same goes for the 10 month moving average on the long term chart.
Take a tighter stop is its a larger position.
PUKA
1 Accurate Predictions Made by AI for Ethereum ( ETH.X)The Ethereum market, like any other financial market, experiences ebbs and flows, making it difficult to definitively declare whether it is "over." While periods of stagnation or decline may raise concerns, Ethereum and the wider cryptocurrency market have shown resilience over time, bouncing back from downturns. Current trends in Ethereum's trading patterns, analyzed using advanced tools like artificial intelligence, suggest a complex and ever-evolving landscape. Hence, it is more prudent to view the market through a lens of continuous change rather than a binary perspective of 'over' or 'thriving'.
Prediction #1. Uptrend Detected
AI, an artificial intelligence tool, has demonstrated a remarkable ability to detect bullish patterns in cryptocurrency trading, particularly with Ethereum (ETH.X). Notable instances include the identification of a bullish Cup-and-Handle pattern in December 2023 (On December 25, 2023, AI detected a Cup-and-Handle Pattern (Bullish) for Ethereum cryptocurrency (ETH.X, $2272.562000). On December 27, 2023, AI confirmed the Bullish pattern, setting a target price of $2464.050000. 14 days later, on January 10, 2024, ETH.X reached the target price resulting in a +13.62% for traders who took a long position in the stock.).
These patterns suggest a dynamic market where upward trends are observable, offering opportunities for astute traders to capitalize on these movements.
Trading based on bullish patterns requires a strategic approach and a deep understanding of market dynamics. Bullish patterns, like the Cup-and-Handle, indicate potential upward trends, suggesting buying opportunities. Platforms like Tickeron, with their advanced AI tool, can be invaluable for traders looking to navigate these complexities and make informed decisions.
For those interested in finding current patterns in the cryptocurrency market, Tickeron is an excellent resource. With its sophisticated AI tool, Tickeron provides insights into emerging trends and patterns, helping traders to identify potential opportunities in the volatile crypto market. Whether you're a seasoned trader or new to the world of cryptocurrency, Tickeron's technical analysis and pattern recognition can guide your trading decisions, enhancing your chances of success in this dynamic field. Get started on tickeron.com.
BINANCE:ETHUSD
Market Cap
The average market capitalization across the group is 268.43B. The market cap for tickers in the group ranges from 268.43B to 268.43B. ETH.X holds the highest valuation in this group at 268.43B. The lowest valued company is ETH.X at 268.43B.
High and low price notable news
The average weekly price growth across all stocks in the group was -12%. For the same group, the average monthly price growth was -2%, and the average quarterly price growth was 19%. ETH.X experienced the highest price growth at -12%, while ETH.X experienced the biggest fall at -12%.
Volume
The average weekly volume growth across all stocks in the group was -3%. For the same stocks of the group, the average monthly volume growth was 26% and the average quarterly volume growth was 167%
Cup with Handle on IBM Attempting to Break $140 Resistance LevelWe have a nice looking Cup with Handle on IBM and it's currently Challenging the $140 Psychological Resistance Level, if it can get above that i think we will see IBM's stock price push towards the $175-$180 measured move. On a side not i also believe the Dow will be the strongest performing Maor US Index and reach all time highs before any other index and that IBM will be one of the more major stock leading the way along with Microsoft and Intel.
Do you drink coffee or a cup of tea? GJAccording to this plan, we wait when the price hits 187.8 to finish the bullish wave in the weekly frame, wait for the reaction in this area and enter the order when creating a bearish structure at H4, I expect and predict GJ is forming a pattern cup and handle. So my take profit levels are at fibo points respectively, it converges with this model, if this plan is correct, let's keep the order until 2025, so when entering an order, enter 3 orders and set 3 tp levels. as the picture below
SSF buy signal based on MRV1 setup on 4 Jan 24 at RM0.265
It’s a classic case of a cup & handle pattern - pretty much straight out of a textbook.
If you’re a fan of Bulkowski’s C&H pattern trading strategy, you might want to wait for the price to break above RM0.270. That way, you can aim for RM0.285, using the handle low of RM0.240 as your stop loss.
But if you’re in it for the long haul, you might want to consider entering at RM0.265. Or, if you’re feeling lucky, you could queue your buy order at RM0.250, which also happens to be the nearest support based on equilibrium.
I’d suggest a stop loss at RM0.235 to stick with the minimum risk of 10% based on the price. But you could also place it at the counter’s lowest price, RM0.225.
With a 1:2 risk/reward ratio, the target price comes in at RM0.325. This lines up with the projected equilibrium resistance price area. Feel free to tweak the risk/reward ratio to 1:1.5 or 1:1, whatever suits your style.
You’re probably looking at a holding period of about 2-3 months since the signal comes from the daily chart.
Please note, this is merely an observation and not a suggestion to buy or sell. Always do your own research before making any trading decisions.
Dow Jones (US30): One More Bullish Move?!
Looks like we may see one more bullish movement on Dow.
After a test of a key support, the price formed a cup & handle formation.
The neckline of the pattern is broken and we see a positive bullish reaction
after its retest.
I expect a bullish movement to 38040
❤️Please, support my work with like, thank you!❤️
AMZN solid earnings high volume for 10 months Cup and HandleAMZN has risen lately above the lip of the cup of the pattern on this 4H chart. The pattern
suggests $ 50 USD upside or 35% beyond present price. The chart shows the buying coming
in once price reached a rounded bottom an began an uptrend. Earnings beats have been
significant especially compared with the miss a year ago. AMZN is like the massive river with
branches feeding the volume of the river's depth and breadth downstream. Its dominance
and resilience is impeccable like others in the titans of tech. Price is now in the ascending
bullish continuation portion of the handle. I see this as a setup for a long swing stock trade
as AMZN heads into the next earnings. Another long play is call options in five weeks at
$ 156 or six months expiration at $176 strike which is the head and shoulders pattern of 2021.
Weekly view of the impending dead catThis is a weekly view of the previous daily chart on BTC. My these on a huge cup and handle still remains and this downside move will complete the handle before liftoff. I believe it takes a few months for buyside strength but once it starts we move to all-time-highs.
SNOW Stock Pattern Breakout Looks GreatAcross the daily, weekly and monthly time frames, stochastics is supporting a year-and-change saucer-like pattern breakout in SNOW shares. After a relatively terrible couple years versus large cap tech arena, Snowflake looks like a solid long / bullish trade candidate for collar traders imho
PROSUSDTAs always my technical analysis are 90% profitables!!
If you follow me my favourite figure is the falling wedge , but this time a clear book pattern ready to give nice profit and almost 30% gain is a perfect CUP AND HANDLE
enter now and set stop profit at 19-24% gain, thanks me later! Love you all guys