Handle
XOM Cup & HandleAs seen in the chart looks like XOM is setting up for a nice run-up based on cup and handle and not breaking support lines. Looking for this to pop next week or two. Also, like how MFI is showing oversold and looks like MACD is starting to converge; possibly setting up for crossover.
a cup of tea miss money penny?saw @secondtonumb8 idea, digged in and found a smaller cup and handle.
courrently running in a channel built from 2015(res) 2018(sup)
the sucker is going up, will wait for break on res line of the cup, sl on the 50%of the channel(grey), might be thight, could be a good idea letting it breathe at entry somewhere in the yellow supp area.
look at @secondtonumb8 idea for a longer term perspective
Nasdaq: ?Hi Guys,
it could be a flag or a descending triangle. The handle may hold depending on the pattern.
Be good!😉
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
BTS/BTC - Cup & Handle - 1D A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level.
It might be smart to sell here, wait for a sell off and buy it back a tad cheaper.
Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current situation, this would indicate that we will see upward movement the coming week.
Bitshares is also going to make an announcement today regarding staking & NFTs, which could give us more upward momentum.
The MACD has bounced, giving us room for bullish continuation. The StochRSI is also low and pointing upwards, which could indicate bullish continuation aswell. We have hit the 150 sats zone a lot recently, we have to break through these levels. If this happens, I believe we can easily approach 200 sats in a short period of time.
I think BTS is looking good, both on short and long term. The coin is heavily undervalued and I believe it will most certainly reach its 1$ ATH again.
For the short term, you can use Fibonacci retracement tool to find major sell off points. On the medium term, I think 0,095$, 0,11$ and 0,20$ are good targets.
And for the long term, I think this coin can become worth anywhere between 1 and 15$.
Gold could be entering a price trap Gold has been forming a cup pattern from the 2011 @1920 high to the 2020 high @ 2074. Since it's high in 2020 gold has slowly shed it's value over the course of 7 months it has been a steady decline. This price action has formed
what could be a nice handle. After bottoming out at 1667 it is likely we will see at least a short term reversal. Gold is likely to find resistance at 1765 in the coming weeks. These are two key levels that gold has found it's self trapped between historically for multiple weeks. A break above 1765 or below 1667 could signal a large move in their respective directions
ETH NEAR FUTURE!!!***THE FOLLOWING ARE JUST MY PERSONAL IDEAS AND THE OUTCOMES OF TRADING BASED ON THESE ARE ALL ON YOU, THANKS***
Bullish market, forming n inverse cup n handle.
Currently bottom of the channel of the handle
Best entry point will be around 1800-1810 to price targets of 1850 with stop loss aroun 1780
CUP & Handle INPX - Huge profit ahead - I found this very undervalued company, which is flat since March 2020.
Inpixon provides technologies to monitor indoor flows.
The more I look at this, the more it becomes evident that they would make an excellent acquisition target, technology-rich, cash on hand no debt, and a minuscule market cap. In addition, management is not shareholders so would make an acquisition would be very easy to navigate.
The technology that INPX has amassed is very valuable to an acquirer that can really leverage it through their own pipelines. Something big is brewing, imho, GLTA longs.
If the Cup & Handle will develop as expected could be a sign of a trend reversal.