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Cup And Handle

$UNI AnalysisFor sure, either up, or down. Depends on the direction it chooses, these are my lines that I am following. Cup and handle seems to be a strong indication of an up move; however, until it breaks 6.977 resistance and retests the black conventional support line it is all imagination. We also need a relatively high volume to avoid sideways range and to go on a direction. One thing that's negative is the divergence in RSI. It shows that the breakout and retest of 6.977 is significantly important. If it chooses to go down instead, breakout and retest of 5.724 is critical because if you look at the chart on daily timeframe, you may see a head and shoulder formation which can take us 3.836. Either way, long or short, I wish all of us a happy trading. -this is my idea, not financial advice.-
by frikko23
1878 - 5 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
TSE:1878Long
by TheArtOfCharting
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.
BINANCE:OGNUSD
by tickeron
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.
NSE:DLF
by Anany_shringi
2
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.
Long
by aresumutprevazi
4
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.
NYSE:AAP
by b6d1016fdeb149be865b678a8ac935
3
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
NYSE:VLong
by PukaCharts
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%
BINANCE:ETHUSD
by Serhii_Bond
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.
NYSE:IBMLong
by RizeSenpai
1
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
Short
by EricGoldHunter
2