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Cup And Handle

Ethereum (ETH/USD) Bearish Setup | Cup and Handle BreakdownEthereum (ETH/USD) Chart Overview: Ethereum (ETH/USD) has formed a Cup and Handle pattern on the daily timeframe, but instead of breaking out bullish, price is showing signs of a bearish breakdown. The handle formation has taken the shape of a rising wedge, a typical bearish continuation pattern. Price has broken below the wedge support, confirming potential downside momentum. Technical Analysis: 1. Cup and Handle Breakdown: A failed bullish continuation suggests that sellers have taken control. 2. Rising Wedge Pattern: The recent consolidation (handle) formed a rising wedge, which has now broken down. 3. Key Resistance Zone: The $2,869 level is acting as strong resistance, preventing further upside. 4. Breakout Confirmation: ETH/USD has broken below the handle support, indicating a continuation of the downtrend. Trade Plan: Short Entry: Below $2,505 Stop-Loss: Above $2,869 (invalidates the setup if price reverses) Target: $1,700 (previous support and Fibonacci level) Fundamental Outlook: Ethereum has faced selling pressure amid broader crypto market uncertainty. Macroeconomic factors like rising bond yields and regulatory concerns could add to the bearish sentiment. If Bitcoin faces further downside, ETH could follow suit. If ETH remains below the breakout zone, we anticipate further downside toward $1,700. However, a reclaim of $2,869 could invalidate this bearish bias. Must Suport And Let me know your thoughts! Happy trading!
BITSTAMP:ETHUSDShort
by Mr_Kevin_Trading
5
Bitcoin going to move to 320K?As the market is cooling down after the Trump rally there is only bearish sentiment left. People calling for ''the liquidation of M. Saylor'', ''the bearmarket'', ''BTC to 0!'' In the chart above we can witness an almost textbook version of a MASSIVE cup and handle pattern. It broke out of the neckline on nov 4th last year and is now on it's path to retest it. Should it hold i expect the bullrun to continue soon. So see this post as a light at the end of the tunnel. Target: 320K Stoploss: sub 70K (there is resistance at 70/66K area) Rustle
BITSTAMP:BTCUSDLong
by Rustlingjimmies
Are altcoins ready to take off ? Hello Traders! 🐺 You might have noticed that I haven't posted in a while—so, why the silence? Over the past two weeks, we've seen massive market manipulation by whales and major players. In times like these, it's often safer to step back, observe, and let the charts reveal the market’s true direction before making any moves. But now, I genuinely believe the dump is over. Looking at the BTC.D chart, it's currently forming a bearish pattern right at a key resistance level. That alone is enough for me to say: I'm bearish on BTC.D —and by extension, bullish on altcoins ! Why? Because a rising wedge on the weekly BTC.D chart is a strong signal of a bear trap, suggesting money could soon start flowing into altcoins. Additionally, in the TOTAL3 chart (which excludes BTC & ETH), we see a massive cup and handle pattern on the weekly timeframe. The price has already broken the neckline and is now accumulating above the support line, potentially gearing up to break past its all-time high and push toward a $3 trillion market cap —which, in my opinion, is a conservative target. I hope you find this idea valuable! Don’t forget to like and follow for more insights. Your support means the world! 🚀 🐺 KIU_COIN 🐺
CRYPTOCAP:TOTAL3Long
by Kiu_Coin
18
ATAT: Breakout and RetestAbout Atour Atour operates an asset-light, franchise-oriented hotel business model, primarily using a "manachised" approach where franchisees handle capital expenditures while Atour provides management, branding, and technology, supplemented by retail integration within hotel spaces. What I like - I remain very bullish over China stocks, as you can tell from my stock picks recently. There is a change in technical chart (HSI above weekly 200sma) and Xi government has increasingly showed interests in reviving China economy, be it more spending or talking to its leaders like Jack Ma. I think this bull run will last, and I will keep building up my positions in Chinese stocks - Atour being IPO stock has crazy growth rates. 40% YoY over most metrics. And what's crazy is that Atour is asset light! It doesn't build hotels! They just provide management, and integrate retail within the hotel spaces. Super scalable. - Cup and handle breakout and now retesting. Trade plan - Entered a small size. Intend to keep building on it as it acts right. - Holding period can be months
NASDAQ:ATATLong
by chuasonglin1995
Richard Heart defeats the SEC A U.S. district court judge has dismissed the Securities and Exchange Commission’s (SEC) lawsuit against Richard Heart. Judge Carol Bagley Amon ruled that the allegations against Heart lack a connection to the United States. Heart is known for founding the HEX token, the PulseX trading platform, and the PulseChain blockchain. The SEC initiated legal action against him in July 2023, claiming that the three tokens—Hex (HEX), PulseChain (PLS), and PulseX (PSLX)—were unregistered securities. The commission also accused Heart of misusing $12.1 million of investor funds to indulge in luxury items like sports cars, Rolex watches, and the world’s largest black diamond. “The alleged misappropriation occurred through digital wallets and crypto asset platforms, none of which were alleged to have any connection with the United States,” “Case dismissed. Thank you Judge Amon,” Heart is an American citizen who has been living in Finland for several years. He faces serious charges there, including income tax evasion amounting to hundreds of millions of dollars from June 2020 to April 2024, as well as an assault charge from September. Reports suggest that the tax issues are connected to the launch of certain tokens, while the assault charge stems from an incident involving a minor in February 2021. Finnish police suspect that he has left the country, and in December, an Interpol red notice was issued for him. In January, authorities in Finland confiscated 20 luxury watches from a third party that allegedly belonged to Heart. All the while the law enforcement has searched for him, Heart has maintained a presence on social media. “If the haters really wanted to get me down they could raise more than the GETTEX:27M I did for medical research. Write free self help books better than my sciVive and Fix The World. Work in the courts for legal precedent for P2P publishing software. Found things that work flawlessly and become valuable,” he wrote on X in December.
Long
by BallaJi
Cholamandalam: Bouncing Back After Correction?Cholamandalam Investment & Finance Company has been recovering after a period of decline. The price had fallen around 14% from its highest level in the past year but recently showed signs of regaining strength. A rounded formation can be seen where the stock gradually stopped falling and then started moving up again. Currently, it is trading around ₹1,414, which is near a key level where it has faced some resistance before. The overall trend in the past year has been a mix of strong upward movement, followed by a correction, and now a possible attempt to regain lost ground. The next few weeks will determine if the price continues to hold this momentum. Disclaimer "Not SEBI registered. This is for educational purposes only, not financial advice. Do your own research before investing." #StockMarket, #Trading, #Investment, #TechnicalAnalysis, #ChartPatterns, #StockMarketIndia, #PriceAction, #MovingAverages, #SupportAndResistance, #SwingTrading, #NSE, #BSE, #FERMENTABiotech, #VolumeAnalysis, #TrendReversal, #StockMarketEducation, #FinancialMarkets, #IndianStockMarket, #WealthBuilding
NSE:CHOLAFINLong
by AkmeAnalytics
Genus PLC Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Genus PLC Stock Quote - Double Formation * (Midpoint) At Retracement Area | Completed Survey * Pattern Confirmation | Entry Feature & Long Support | Subdivision 1 - Triple Formation * 1.618 Retracement Area | Long Support | Subdivision 2 * 0.786 Retracement Area | Bias & Entry Settings | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) * (Uptrend Argument)) * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:GNS.GBLong
by TradePolitics