ETH already Breakout Cup and Handle Pattern... What's next?Just wait and see xD
Disclaimer!!!
-This is not financial advice... I just make this analysis for fun :v
Cupandhandlebreakout
Cup and Handle along with Inverse Head and Shoulder TargetsOne of my favorite patterns to play is a bullish domino patter, bullish day followed by two bearish "inside" days (within the price of the bullish day)
followed by a daily bullish close.
Typically when I see this patter it is followed by continued upside. The break of the cup and handle and inverse Head and Shoulders signifies higher prices ahead.
ETH Cup and handleI’m no expert TA person but I Just realized this entire 6 month lul and the may and sept flash crashes gave #Ethereum holders a giant ultra mega kaiju cup and handle on steroids.
Nice back test. Im putting eth at around 6400 from here dare i say by December?then crash or backtest to 4400? then face melting digital gold rush?
Long PAG CMP $100.54Long PAG CMP $100.54. Trading above 50 EMA. Uptrend continuation. Broke out from cup and handle pattern. Possible targets $112.35
Long $ET CMP $9.40Long $ET CMP $9.40. Trying to claim that 50 EMA. Expecting uptrend to continue. Major resistance ~9.75 area. Possible target $11.55
Long $AMEH CMP $99.94Long $AMEH CMP $99.94. Possible cup and handle breakout. Resistance ~$99. Will reach new all time high in coming days on breakout. Positive MACD. Good volume. Trading above all the moving averages. Wait got daily candle to cross and close above resistance area. Target ~$114
Cup and Handle Breakout and TargetsHello there. Here is the Cup and Handle breakout of Grasim. Resistance line has been broken and closed above by the price and rejected from 61.8% Fib level based on fib extension tool.
You can see there is a trend line acting as a resistance before formation of Cup and Handle pattern. Fib level are drawn here and one can enter the trade as soon as the price breaks through and closes above 61.8% level and target will be of 100% level and above or the previous trend line acting as resistance.
Note: This is for educational purpose only. Trade on your own conviction or consult your advisor.
1INCH with Cup and HandleLike many other well-founded cryptoactives, 1Inch is another one that promises to pop the lid.
Again we have the "Cup and Handle" pattern, offering a good risk/return opportunity.
Upon breaking the cap, the first target could be at $7.5 with a 72% profit.
And the second target would be equal to the fulfillment of the first cup, which coincides with level 2 of the Fibonnaci extension, something around $11, with a 150% profit.
🦴 $Shib is set to explode!!!! 😮Shiba Inu ($Shib) is expected to make another massive move upward soon supported by one of the biggest cup and handles formations I've ever seen formed.
Get on board before you get left behind! That's all I'm going to say!
Breakout target $0.0023096.
Let's get this money!!!
GBPJPY 3000 pips swing long trade Price have formed a cup and handle pattern on the daily timeframe. Currently it has broken out of the handle and also the neckline of the cup pattern.
Price is currently in an "overbought" condition and will expect a sell on the short term towards the daily order block (RTO) that broke structure or at any discount levels of the fib tool.
To go long wait for a pullback and a shift from bearish to bullish on lower time frame for a 3000+pips profit.
REEF/USDT TRADE SETUP! Hello everyone, Welcome to this altcoin trade setup. If you didn't follow me yet then do follow me now for the latest updates of the market and profitable altcoins setups.
Now let's get to the chart. REEF is looking good here. Already broke out from the cup and handle pattern. Buy some here and add more in the dips. Also REEf debit card and ecosystem launch in last quarter of this year so it's worth buying here.
Entry range:- $0.19-0.2
Target1:- $0.2476
Target2:- $0.2986
Target3:- $0.3482
Target4:- $0.49(Long term target)
SL:- $0.176
Buy on spot or you can buy with low leverage (2x-4x).
If you like this idea then hit the like button and also share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank you!
NTNX cup & handle breakoutNTMX looking good at $39.22. Formed cup and handle pattern. Breakout on daily candle. MACD is positive. Financials looking strong. Target $52.76 Stop loss around red rectangle area $34.84
Help a new trader! Solana Cup & HandleI misjudged this bullish flag breakout on SOLUSD and took a big hit.. Made quite a few errors on this trade, so wanted to ask when is a good time to enter and exit a bullish flag formation as part of cup & handle?
There was a fake-out within the bullish flag so I thought it likely to break out. However as you can you see we dipped past my stop loss.
Appreciate any tips on how to trade this formation, in particular how to handle fake-outs and formation breakouts more gracefully.
Thanks!
CLBK looking to go higher?* Great earnings quarter over quarter
* Relatively new
* Breaking out of IPO base
* General up trend
* Breaking out of a cup and handle forming since April 2021
* High Relative Strength of 1.46 relative to the Financial sector
* Braking out with 56.83% more volume than average
Note:
* This has the potential to go much higher than the indicated target but it's always better to take some profit early on given the market conditions.
Bitcoin cup&handle trade for coming weeksBITSTAMP:BTCUSD is painting a nice inner cup&handle, i am expecting to add to my position when the breakout threshold is maintained in the inner cup, overall this is what i am looking in the coming weeks for profit taking or leaving the position run to cup&handle targets.
Cup and handle $USB USB has several things going for it here.
- Big ole cup and handle, we are testing the top of the cup now.
- Handle was a perfect downtrend, we broke above downtrend
- Now consolidating above breakout and just below ATH
- Financial sector has been hot
- If we break above consolidation highs I will enter
ALICE/USDT TRADE SETUP! READY TO GO ATH!Hello everyone, Welcome to this altcoin trade setup. If you didn't follow me yet then hit the follow button now for more latest updates and profitable altcoins setups.
ALICE looks very promising here. Already Broke out from the cup and handle pattern. Buy some here and add more in the dips.
Entry range:- $15-$15.4
Target1:- $16.4
Target2:- $17.6
Target3:- $19.2
Target4:- $22
SL:- $14.2
Buy on spot or you can also use low leverage(2x-4x)
If you like this idea then hit the like button and also share your views in the comments section.
This isn't financial advice. DYOR before investing.
Thank you!
BTC EOY Price TargetsDaily Candles.
I Hate to spread hopium, but this is my EOY bullish targets for Bitcoin.
Bitcoin continues to play pong between 46k support and 48k resistance.
Cheers!
$LPLA - Cup & Handle BreakoutLPLA Analysis for potential C+H breakout.
Going long with January calls strike $185 looking for PT1: $200 PT2: $230
This could be a potential 1000% play.
Bitcoin cup and handle pattern studyOne of the classic price patterns of traders is the Cup and Handle pattern.
This pattern is of particular interest to experienced traders when it appears.
Today, I’m going to apply this special price pattern To the bitcoin chart.
An important Zone that has been playing a major price action manipulation is the :
52800.00
52200.00
The cup of the pattern is a long-lasting price accumulation and recovery period.
The handle may go down till the 40k-38k zone before a bullish continuation back then a breakout and we will see new highs during the Q4, 2021.
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Best Regards, Reda Souhail™
ETH retrace before going up?Looks like ETH has completed the cup pattern and currently forming the handle before breaking up at the neckline around $3980. But in the meantime, looks like it will be retesting the support at $2950 before breaking up. There is also likelihood for ETH to retest $2500 before heading up to break the resistance of $3980 and then to record a new ATH.
Disclaimer:
This is by no means a recommendation to buy. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.
a hot cup !if ww have a succecfull breakout from 1.90 , a bullish trend is waiting for us!
Target: 3.37
