Cup And Handle
Seems Complicated But Pretty Simple ICXOn the daily chart ICX a good blockchain project is forming a solid cup and handle formatiom. On the other hand there is a clear W formation already ready. Right now passing a strong ressistance these two formations combined could result in great profits.
To add up to it we can see a head and shoulders pattern in the 1H time frame too.
Intraday analysis Bank Nifty 15-minute timeframe analysis:
- Encountering strong monthly resistance
- In a weekly supply zone
- Exhibits a cup and handle pattern, confirmed by the weekly supply and monthly resistance levels
- If the pattern breaks, the first target is between 47350 and 47300, followed by a second target of 47000
- If the price breaks upwards past 48000 on a 30-minute timeframe, the first target would be the all-time high
AIPAD - Still in the bear Basement - But had a 4X Target#AIPAD is still in the bear basement
The zone below the 88.6% retracement zone
But has already broken out from 1 W pattern
almost reaching its Log Target 1
And now in the process of setting up a cup and handle
Has a decent target lets's see how this plays out!
MPLUSDT1. Maple appears to be forming a massive Cup and Handle formation on the weekly.
2. Measured move of the pattern is 34 cents. A 2x from here.
3. But I think 66 cents is possible due to lack of resistance above.
4. A lot major crypto funds hold this so it should moon.
Altcoins hit golden fibAltcoins total3 (minus Eth stables) are pushing against the golden fib, my most important momentum indicator. A strong rejection here would lead to a drop of possibly 100 billion in market cap. This would form a VERY large cup and handle like we have seen on many digital assets including BTC/ETH and many strong alts.
- A full retrace is around 50% from here (this is what a golden fib indicates)
-With BTC breaching 70k, this altcoin movement will be much different than before
-We will reach at least 1.6 Trillion, but possible even 3 trillion or more with the amount of capital that is sidelined leading into this scenario
-In summary, I am short-term bearish, things need to cool off, long-term giga bullish
The last bullish chance of FILUSDT in Mid term!Hi.
COINEX:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a MID-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
FILUSDT is in the ascending phase by the cup and handle.
FIL 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).
❗ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- CUP&HANDLE
- AB=CD
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!!
🚧FILUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a mid-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 9.20$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
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!!
Analyzing DUEL USDT: Potential for a 200% Bullish SurgeWith DUEL USDT showing promising signs of a potential bullish momentum, traders are eagerly eyeing the charts for signals of an imminent upward move. In this analysis, we'll explore the technical indicators that suggest DUEL USDT is gearing up for a significant surge of up to 200%.
Cup and Handle Pattern Confirmation:
DUEL USDT has formed a robust Cup and Handle pattern on the price chart, signaling a period of consolidation followed by a potential breakout to the upside. This pattern typically indicates a bullish trend reversal, and with DUEL USDT's pattern fully formed, investors can anticipate a substantial price increase.
RSI Support:
The Relative Strength Index (RSI) for DUEL USDT is indicating strong support for the ongoing uptrend. With the RSI remaining above the key threshold level, typically 50, it suggests bullish momentum in the market, further bolstering the case for a bullish move in DUEL USDT.
MACD Positive Crossover:
An additional bullish indicator for DUEL USDT is the positive crossover observed on the Moving Average Convergence Divergence (MACD) indicator. This crossover, where the MACD line crosses above the signal line, suggests a potential upward movement in price. Combined with other bullish signals, the MACD crossover strengthens the likelihood of a significant surge in DUEL USDT.
Current Entry Price: 0.009412
Please note that this information is provided for educational purposes only and should not be considered financial advice. It is recommended to conduct personal research before making any investment decisions, as all investments carry specific risk levels and there is no guarantee of success.
ETH/USD Supports and resistances are as shown. Blue line is the median line. Red line is the sell line. Any flirtation with the red line would be a sign of short.
Right now it seems like price is breaking the rising channel. It could be possible to see some parabolic jumps. BUT price is also in overbought zone. So, some corrections are also possible.
#NEON EVM to $10#Alts on #solana
Could still give nice returns
as we saw yesterday when I highlighted #PYTH
Will this giant cup & handle play out for NEON?
That would be close to 200X from it's all time low.
New entries could possibly give over a 5X
It's broken and retraced and seems to be ready to go on another run.
NET - And another Cup & HandleNET formed a beautiful Cup & Handle and breaking out of it.
54 would have been optimal entry but not too late. This has 2x - 3x potential from here.
Too many confluences here -
1. Based over 75 and forming a Bull Flag on weekly timeframe.
2. Bouncing on 200 Week EMA
3. Over the 2021 ATH VWAP & IPO VWAP
4. The mighty 3rd wave in-progress
Long here with stop loss 75
For now let's target conservatively.
Target #1 110
Target #2 130
SHOP - Do you believe in Cup & Handles? SHOP made a beautiful good ol’ Cup & Handle pattern and breaking out of it .
I’ve a sizable position already from the lows.
It’s already 2x from the bottom and has potential for 2x more from here.
If market conditions favors the growth names , we can see 2x soon.
70 level acting as support here.
45 would been optimal entry but if you are going long here , have a tight stop around 70.
Target #1 - 98
Target #2 - 120
Target #3 - 150; Won’t be an easy target, can shakeout here.