There is currently a MASSIVE Cup & Handle in SOLANA!!SOLANA (SOL) has been building a massive cup-and-handle formation on the weekly chart that has taken 3 years and 8 months to achieve. If SOL breaks out of this pattern to the upside, the gains could be unbelievable!
Good luck, and always use a stop-loss!
Cuppattern
SOLANA has formed a Cup & Handle Pattern on the weekly/daily.SOLANA known for making some incredibly big moves over short periods of time. It is currently forming the handle of a large Cup & Handle formation, which could signal substantial price appreciation over the coming year or so.
Good luck, and always use a stop loss.
TOTAL CRYPTO MARKETCAP CUP & HANDLE FORMATION!The massive cup & handle formation currently forming the handle in the Total Crypto Market cap is stunning. When this plays out, it's going to create more millionaires than kung fu circus.
There will be a massive liquidity grab previous to the bottom, and this will be followed by an incredible breakout over the coming months.
Soon!
Cup with handle
Incorporated in 1998, Allsec Tech is a global leader in outsourcing solutions offering future-ready, resilient business transformation services to industry heavy-weights, Fortune 100 companies, and growth-focused organizations. The services provided by the Company include data verification, processing of orders received through telephone calls, telemarketing, monitoring quality of calls of other call centers, customer services and HR and payroll processing. The Company has delivery centers at Chennai, Bengaluru and NCR.
With 4,000+ FTEs spread across 5 contact centers in the US, Philippines, and India, the company manages over 1 Million customer contacts per day, via multiple touchpoints.
Grab a Cup of Coffee We'll Handle ThisA cup and handle formation is a technical pattern that can be found in financial charts. It is considered a bullish pattern, meaning that it may indicate a potential opportunity for a price increase.
The pattern is named after its resemblance to a cup with a handle. The cup portion of the pattern is created when the price of an asset forms a rounded bottom over a period of time, followed by a pullback that forms the handle. The handle is usually a smaller, downward-sloping price movement that retraces a portion of the cup's advance.
Traders often look for a cup and handle formation as a signal that the price of an asset may be poised to break out to the upside. However, it's important to note that technical patterns are not foolproof and should be considered in conjunction with other forms of analysis.
If you have identified a cup and handle formation in a chart and believe it may be an opportunity, it's a good idea to confirm your analysis with other indicators or signals before making any trading decisions. Additionally, it's important to always practice proper risk management and consider factors such as your investment goals, time horizon, and overall market conditions.
Stellar Lumens - Looks good technical and fundemental - 2023!!This is not financial advise to go all in big, DCA and use risk management otherwise if you like go big on this investment
Stellar Lumens is more than an investment hold to 2025 and more, you can trade it if you like
On the fundamentals side Stellar Lumens has so much going for it. Too many turning a blind eye on this because it moves slowly
Would not be surprised if intuitional investors buy up big in big volumes for 2023
Some links to do with Stellar Lumens for own research
www.coindesk.com (IBM partnership with Stellar Lumens to issue stablecoins through World Wire)
stellar.org (USDC stable coin running on the Stellar Network)
stellar.org (Moneygram partnership with Stellar for remittance payments)
satoshipay.medium.com (SatoshiPay partnership with Stellar for micropayments)
stellar.org (Representing Blockchain on the Commodity Futures Trading Commission’s Global Market Advisory Committee)
Stellar Lumens Coffee Cup pattern on the Weekly chart - see the handle of the coffee cup? Once break it on the weekly, it has to close above $0.175 US and than it can do 10x - believe it reach $1.75 US, instead of the $0.82 US last high. Now it can bottom out 1 more time till about April 23 around $0.0676 US, the last bottom on the weekly was $0.07 US and believe it has bottom out. You can wait or DCA now. I believe it's still a very good buy now, trying to work out the perfect bottom forget it. On Weekly Stellar Lumens can still be bearish around June 23rd however for that case it going up slowly till it breakouts
If you confident about Stellar Lumens I would like this article post to have more research links for other bullish scenarios for the Stellar Network
Could SWIFT payments be replaced on the Stellar Lumens network as the alternative faster and reliable form of payment transfers?
Could Nasdaq exchange allow digital payments for trading on the Stellar Lumens network?
MEGAPHONE PATTERN ...!!!!! UP?????Hello, everybody! If you like the concept, don't forget to like and follow it.
T he megaphone and cup pattern's development began with the price.
Please show your support for me by liking and following my ideas.
Also, let us know what you think in the comment section.
Acuity Brands Cup and Handle Pattern Acuity Brands, Inc (AYI) is an industrial technology company. They provide lighting and building management solutions in North America and internationally. The company was incorporated in 2001 and is headquartered in Atlanta, Georgia. AYI is a component of the S&P 400 Mid Cap Index
Market Cap: 5.968B
Beta (5Y Monthly): 1.54
PE Ratio (TTM): 16.75
Average Volume: 277,357 (1)
Cup and Handle (Bull Market Stats):
Overall performance rank (1 is best): 3 out of 39
Breakeven failure rate: 5%
Average rise: 54%
Throwback rate: 62%
Percentage meeting price target:
The above numbers are based on 913 perfect trades. (2)
AYI
Daily Volatility (Standard deviation YTD): 2.20%
Annualized Volatility (Standard Deviation YTD): 34.24%
S&P 400 Mid Cap Index
Daily Volatility (Standard deviation YTD): 1.59%
Annualized Volatility (Standard Deviation YTD): 24.76%
(The above were calculated using historical data)
The data above shows the daily and annualized volatility for AYI and the index it is a component of. As you can see AYI has a higher daily and annualized volatility. This can be good or bad. Depending on the way the stock goes and your position. For this pattern, I would say this is a good thing - the pattern requires volatility to breakout and reach the price target.
AYI has formed a cup and handle chart pattern. This pattern, as the name suggests, looks like the top ridge of a cup and the handle. The pattern forms as follows: price rise - left peak forms - price goes down at an angle and forms a trough - price rises again at an angle to form a peak. Sometimes, as in this case, the right peak may form a flag/consolidation pattern as well.
The blue line on the chart above represents a line of support for the stock. The red box represents what could possibly be a previous cup and handle position. However, in this pattern and the one on the right, I'm not that convinced of their authenticity.
The price rise before the pattern formations is not that convincing. I would ideally like to see an upwards trend for at least 3 months. The price has been in a downward trend YTD and then moving horizontally for nearly six months. However, this horizontal movement may be useful - if there is a upward breakout, the momentum could be strong.
Cup and handle patterns are ranked 3/34 patterns - meaning when done right, the pattern can bring good performance. The Breakeven failure rate is 5% which is low and hence a good signal. The Throwback rate is 62% which may be a concern. Especially if the pattern is not that strong - as in this case.
Totaling this all together, I would give this pattern a rating is 3/5. The ROI may not seem sufficient to justify a long position. Henceforth this is a riskier position.
The main issues are:
A previous cup and handle position formed before that did not breakout
Lack of a strong upwards trend before the pattern formation
The pattern duration is around 10 weeks. This is within the range of ideal 7 - 65 weeks, albeit at the lower end of the spectrum.
The price target is the difference between the right peak and trough * the percentage meeting price above:
$204.54
From the current price that represents a 9.13% ROI.
Macroeconomic considerations:
Interest rates are rising and so will inflation. We are most likely already in a recession. I would not be concerned about this for this trading idea. This will most likely be a short-term trade for a couple of weeks once the stock breaks out with a close above the trendline.
Fundamental analysis:
Since this will be a short-term trade, I did not find the need to include any further research- the next earnings is not until January so no concerns.
References:
1 finance.yahoo.com/quote/AYI
2 thepatternsite.com/cup.html
VET Bullish Long!VET is going to finish the cup on a bullish trend and then go on to inverse head and shoulders! I see this heading to the first black line drawn on the chart in early December and the head and shoulders inverse completed in early January. After the new all time highs will be established!
#VET is #bullish in every way in my opinion.
This is my opinion and not financial advice.
Happy #CryptoTrading!
⚠️🍵 #Bitcoin Short-Term "Cup" Could End W/ Short Squeeze $BTCA small #shortsqueeze seems to have already occurred for $BTC, with a false break of the support trend bringing in shorts and either stopping them out or liquidating a low volume of orders. I have not shown the RSI's on here as they are both at mid-levels (50/50 chance of moving up or down), however the may be overheating slightly. This could mean a second "fake-out" break of the upper trend with a larger drop down to the $18K level. However, if this pattern plays out, this could be what reverses the crypto market in the short term. There are confluences with both the measured move and the 1.618 fib retracement level of the most recent, short-term wave down, as well as the expected pivot for a retracement back down to the upper trend, should a confirmed breakout occur. As I already stated, there is still a strong chance for either scenario to play out, so this is something I (personally) will just be tracking for the moment, but not actually trading until one of these two scenarios confirm.
How I Might be Trading this:
For a "fake-out" and break of the support-trend, I will be looking for a buy/long around $18,700-$18,800. I may consider shorting the break of support, however I don't really know ( yet ) if the risk/reward will be worth it, especially because this range being the bottom price-range seems likely to me, IMO.
For a break of upper, medium-term trend, I would be possibly shorting around the target zone (shown with the box), then a buy/long upon retracement and testing of the upper trend. However, where the RSI's are upon testing that level would mostly determine whether I go forward with that trade.
*This is all my opinion, based on chart data, and what I'm personally doing with my trades. This is not financial advice.*
Deeper Network DPR Cup & HandleDeeper Network DPR Crypto Bullish Cup & Handle fulfilled.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
apps.deeper.network (Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z )
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
- Burn Wallet: There has not been a routine burn setup yet promised by Deeper to fight inflation. The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the validator Transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days or so until they slowed it down to every 24 Days thru the Treasury Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community.
- Polkadot Parachain for Deeper Chain – not yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency, filed on March 8, 2019 Entity number 100333
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN, Entity 201816910575 6/14/2018, EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
VLXUSDT is testing the 4h resistance after the cup and handleThe price created a double bottom on the weekly structure on the 0.20$.
As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series.
on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from its neckline.
How to approach?
The price could have a breakout from the 4h resistance (0.2530$) or gets the liquidity from the previous resistance now new support. So, if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Powerledger (POWR) is in uptrendHello Traders,
As you can see in weekly time frame, Powerledger ( POWR ) is in short-term uptrend, if it continues uptrend then it may complete cup pattern by reaching previous ATH. If it reaches previous ATH then it is big profit for us.
Recently POWR is listed in Binance, Coinbase and KuCoin exchanges so I am expecting lot of people investing into this token. Remember this is weekly buy so you has to hodl POWR for weeks, be patient.
Leave your opinion in comment section. Follow us for related analysis.
Thank you.
USDCAD LONGHey Traders, We are monitoring USDCAD for a buying opportunity around 1.279 zone. We have above a cup pattern, a bullish trend and an important daily supply and demand zone in combination with a hawkish fed. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.