Cup And Handle
$LTC Needs 3 WeeksI see a cup and handle-ish pattern considering there is a resistance level and it got its rejections from that level.
Fibonacci 0.618 level is at a meaningful spot
LTC is indeed in a ascending channel at the moment with its lower highs
The market is going well. pull backs are expected. I am not worried as long as it breaks the resistance level.
I see this as a good opportunity to place a position
The more confirmation I get, the more confident I will be
After a legit breakout my first TP is 81.05, and my second TP is 94.02
I do not expect a strong run to upper resistance level that's located at 103.24; however, I would aim it after a retracement.
What matters is the market at this very point, not the coin itself, so this idea would be invalid if the market isn't being nice. Technically speaking. get the joke? (side tony soprano smile)
as always, not a financial advice
duh
RPL ANALYSIS🔮 #RPL Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #RPL. We are just waiting for a perfect breakout. If #RPL breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $31.36
⏳️ Target Price: $45.56 and more
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #RPL. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RPL #Cryptocurrency #DYOR
AUDCAD CUP & HANDLE
Hello traders and welcome! Today, let's take a look at the AUD/CAD daily chart, presenting a promising trading opportunity.
The price on its daily chart has formed a U-shaped price action structure, representing a Cup and Handle pattern. Currently, the price is trading below the breakout level, which is at 0.90567.
Stops are set at 0.89678 to manage risk effectively.
Target Zone 1:
62% AB: 0.93610
79% AB: 0.94437
Long-Term Vision: Tata Motors and the Cup & Handle StrategyTata Motors
Current Market Price: ₹740.90
Target: ₹4328
Stop Loss: ₹290
Strategy: Cup and Handle
I believe Tata Motors is exhibiting a cup and handle pattern, indicating a potential bullish trend. This not only presents a short-term opportunity but is also well-suited for long-term investors. With the current market price at ₹740.90, the target is set at ₹4328 with a stop loss at ₹290. This analysis is based on the cup and handle pattern, suggesting a favorable opportunity for potential gains over the long term.
(Note: I am not a SEBI registered advisor. Please conduct your own research or consult with a financial advisor before making investment decisions.)
Bitcoin Ascending Broadening WedgeThe "Ascending Broadening Wedge" has not broken out either to upside or downside but with the strength of bitcoin at present it is likely in my opinion to break to the upside albeit the bears are exerting extreme pressure!
Bulkowski's Ascending Broadening Wedge :-
thepatternsite.com
SQSP - Incredible set up
Daily 200EMA claimed +++
Weekly 60VMA held ++++
Symmetrical triangle breakout. +++
Now upside test of 33 and we are off to races.
No position yet, but will start soon.
Rose huge cup and handleRose is a project I started DCAing at the peak of the last bull run. I did heavily average down on the play, I am still at a net loss but this token has recovered substantially. Between staking and this momentum I think this investment will play out nicely next year. Hopefully we get a little cool off to finish the handle formation. Rose approaches a pretty substantial resistance as the first dashed green price target. A more bullish target is pointed out above. This rally is just getting started as the green fib hasnt even been taken, I drew the fibs from the swing high in Feb 22.
Cup & Handle - EUHere I have EUR/USD on the 4Hr Chart!
Price has outlined what looks to be a Possible Cup & Handle Pattern with the Low @ 1.07238 being the bottom of the "Cup" followed by an IMMEDIATE reversal to the High @ 1.10089!
Now price is creating what should be the "Handle" where then price should go BULLISH breaking the Top of the Cup CONFIRMING the Pattern!
*If Price Breaks Down below my ENTRY ZONE, Pattern Set-up is INVALIDATED!
Fundamentally this week:
EUR - Core CPI (Tue)
USD - Building Permits (Tue) Consumer Confidence/Home Sales (Wed) Final GDP/Unemployment (Thur) Core PCE/ Durable Goods/ UoM Consumer Sentiment/ New Home Sales (Fri)
*TRADING INVOLVES RISK! DO NOT TRADE WHAT YOU DO NOT UNDERSTAND OR HAVE NOT TESTED BEFORE! THIS IS NOT TRADING ADVICE. EDUCTIONAL PURPOSES ONLY!*
-BUY-
{ SL } 1.08330
{ ENTRY } 1.09002 - 1.08834
{ TP } TBD