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Cup And Handle

SOL can ascend further! BINANCE:SOLUSDT SOLUSDT is in the ascending phase by the cup and handle. SOL 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). 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!!
by CobraVanguard
2
Bitcoin Cup and Handle heading to bullrun?Will this bullrun be formed out of a cup with handle breakout? If the price confirms the resistance at the current region, it could very well be the case. Cup and Handle identification analysis: • Price rises into the start of the cup - ✔ • The cup should be U-shaped, not V-shaped - ✔ • Cup rims should be near the same price level but be flexible - ✔ • A rounded turn that looks like a cup with a handle on the right - loading... • The cup must have a handle on the right - loading... That would lead to Bitcoin's new ATH @ ~$280k by the end of 2025.
BITSTAMP:BTCUSDLong
by B4Baggio
2
Gold going for the 5th wave of the 3rd wave (higher degree)So, I've previously mentioned that Gold has a major cup-and-handle formation (linked to this idea) and that it is a very bullish formation. Price has since broken up and I spent some time to update on the Elliott Wave counts in this analysis. Here's what I expect Gold price to be for the near term: 1. It will move up for a 5th wave of a higher degree 3rd wave. 2. Then it will experience a 4th wave of a higher degree which should be rangy (since wave 2 is a zig-zag). 3. Then another 5th wave up. Overall, it is still a very bullish call.
TVC:GOLDLong
by yuchaosng
Bitcoin Post 4th Halving Price Prediction for 2024Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: - Bitcoin's prices seem to hold for about 60 days, and then either pump or dump. - Bitcoin appears to experience its constant bullish price movements (bull run) 60 days immediately after each halving event. - Bitcoin appears to reach its final top 133 to 525 days after each halving event (average is 329 days). - Bitcoin appears to reach its top every 1162 to 1449 days each time it touches the upper trend line. - Bitcoin is currently in a major Cup and Handle pattern spanning from 8th of November 2021. We are currently in the 'Handle' phase. My Predictions: - I predict that Bitcoin will go down to 52000, and hover around 53K and 54K for the next 2 months (29th of April 2024, until the 4th of July 2024). - I believe we will promptly head back to 70K at around the 11th of July 2024 (± 5 days). - I predict that there will be a FOMO event once we break all-time-high (73K), and a major psychological FOMO event once we reach 100K as everyone tries to get their hands on some Bitcoin before it's price gains another significant figure for the first time since November 29th 2017 (9999 -> 10000). Entry and Exit Strategies: - I believe we will reach tops of anywhere between 160K to 185K sometime in December 2024, which will be the most ideal time to exit one's Bitcoin position. - Possible entry options are 52-58K , and 78K-88K (once we exist the Cup and Handle). - The least riskiest entry option is approximately 62 days from the 4th halving event, just as it's breaking upward past 57500. Don't forget, Patience is Paramount. Happy trading :)
BITSTAMP:BTCUSDLong
by PatienceIsParamount
3
GOLD (XAUUSD): One More Bearish Wave is Coming?! 🥇 I would say that the month of April was very weak for Gold. Even though the market updated the ATH and we saw quite a strong rally at the beginning of the month, bulls quite quickly lost the momentum. We can even conclude that the rally finally stopped and the market started to consolidate within a horizontal range. For the last 10 days we see a steady shift in sentiment. The price formed the first strong bearish candle and we also set the first lower high. This week, we see the sign of strength of the sellers again with a formation of one more strong bearish candle. After a strong bearish movement on Tuesday, we can also confirm a formation of a bearish reversal pattern: an inverted cup & handle formation. At the moment, the last resort for the buyers is a wide horizontal demand zone: 2265 - 2290. That structure, is also the neckline of the pattern. Its bearish violation will confirm the initiation of a correctional movement on Gold. A daily candle close below the underlined area will push the prices lower. The goal for the sellers will be 2220 support. I will change my bias to bullish, only in case of a violation of a resistance area based on a handle. If a daily candle closes above that, I will anticipate a bullish continuation. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
1