Get started

Cupandhandlepattern

XLM is exhibiting an extremely rare CUP WITHIN A CUP PATTERN!XLM has recently had an incredible run, breaking out of the current Cup & Handle pattern that I identified and showed to my followers. XLM has always closely followed XRP, but in the past few days, it has sharply broken away and has been charting its own course. Now, I’ve identified a CUP WITHIN A CUP pattern that is EXTREMELY RARE! These two patterns are working together to create a move that could make both investors and traders very, very happy in the coming weeks. Don’t copy my trades; become a trailblazer, not a follower! Good luck, and enjoy making a ton of money!
COINBASE:XLMUSDLong
by MetaShackle
2
SWING IDEA - VENUSREMNSE:VENUSREM seems to be freshly coming out of the Cup and Handle Pattern. Co-incidentally, its is also at a Support/Resistance Level of 404. It can also be noticed that there was a Convergence Divergence at the MACD Crossover a couple of years ago. After which, we see a another good MACD crossover happening at a crucial level, where the Cup & Handle Pattern also completes, exactly near the Support/Resistance zone. If all is well, this Setup can play well at least until the next Swing High Level.
NSE:VENUSREMLong
by thepranam
BITCOIN → Why didn't we go above 70K? The reason for the drop...BINANCE:BTCUSD has been in consolidation for 5 months. The price makes another retest of the 70K resistance, but due to several reasons failed to pass this area. A correction inside the FLAG is forming From 70K resistance another correction to 64K has started. The reason for this is strong bullish sentiment after the US allowed bitcoin as a reserve asset. There is also a lot of attention to BTC because of the presidential race. Accordingly, the Market Maker eliminates the positive crowd (the price always goes against the crowd). And whales start buying the asset at cheaper prices. On Friday, the NFP report and unemployment (up 4.0% to 4.3%) influenced the price drop. Rising unemployment + rising inflation had a negative impact on the markets. It is too early to buy, we should wait for the slowdown of the movement and stronger data. Resistance levels: MA-50, 63250, 68570 Support levels: MA-200, 59300, 56500 Technically, the price is testing MA-200 and is squeezed above MA-50. If MA-200 fails to hold the price, bitcoin may go down to the lower boundary of the FLAG before a buyer can take over the situation. BUT, if the bulls hold MA-200 as support and manage to consolidate above 63300, a rise may be waiting. Overall, the fundamental background is very positive, but local economic data has a negative impact on the markets. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSD ;) Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
134
COIN cup and handle Technical Outlook: Bullish Setup: A cup and handle pattern is forming, suggesting potential for an upward breakout. Key Levels: Watch for a breakout above the handle with strong volume. Support is solid at the 50-day moving average. RSI: Still below overbought, meaning there’s room for upward movement. Fundamental Snapshot: Strong Q2 Earnings: Revenue jumped to $1.38 billion, largely due to increased trading volumes and the approval of Bitcoin and Ethereum ETFs​ (Crowdfund Insider). Regulatory Risks: Ongoing SEC battles could impact growth, but recent ETF approvals are a positive sign​ (Crowdfund Insider). COIN is closely correlated with Bitcoin so keep an eye on that as well. If COIN breaks resistance, it could see strong gains, but keep an eye on regulatory news.
NASDAQ:COINLong
by Path100x
BTC Cup & Handle Potential Paths (1W)Forecasting some potential cup and handle formations for BTC using trend based fib extensions and trend based fib time. Assuming a .382 fib retracement, each handle assumes a local bottom at around a fib time line. Overheated oscillators provide some evidence that a short term pullback is in order before continuing BTC's bull run post-halving. If we get a retracement lower than .382, then there's a relative volume spike in the volume profile centered about the .5 fib line that could realistically act as support. Although my understanding is that cup and handles are more bullish when retracement handles are no deeper than ~1/3 down from recent swing high path. Looking way ahead if this plays out, i'd be looking for rsi to show negative divergence paired with BTC making macro higher highs as chances to take profit down the road, as is what happened last bull run.
COINBASE:BTCUSD
by rlando
BTC's Situation: What Shall we Expect ??BINANCE:BTCUSDT Bitcoin is in a cup and handle on the daily time frame, this means that the price can have a good rally after the break. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
BIKE - CUP WITH HANDLEI bought the stock July 8, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has defined a classic C&H formation 4. It moves strong in the opposite side of market direction in its cup development 5. High relative strength 6. Huge volume on the breakout Flaws: 1. The market is still in a hard-penny environment with only 23% of total stocks above the 200-day MA 2. Very less stocks setting up a buy-able area I'm still trading small until I see some traction in the market. Hence, I like to see some follow through action from now.
IDX:BIKELong
by rifqonr
3 Bull Patterns on BTC about to trigger a bullish domino effectPriceaction is now for the second time solidly back above the bull flag we had been consolidating inside for the past few months ever since hitting the newest ath. It has also gone up to complete the left shoulder of an inverse head and shoulders pattern that is also overlapping the bull flag. We have yet to take price action above that neckline but by the prices current bullish behavior and how its not being rejected that heavily I would expect that we can at least send a wick above the. Teal neckline of the invh&s pattern wishing the next few daily candles if not the current one. Often times price action will go above the neckline of an invh&S pattern and then back below it multiple times before the real breakout gets triggered however in this situation, if price can maintain support above the top trendline of the green bullflag it will likely breakout of the inv h&s with way less back and forth above and below the neckline. The bullflag breakout will bring the momentum necessary to also trigger the invh&s breakout and as priceaction heads to both measured move price targets it will also surpass the purple line and flip it to support s well which is the rimline of a massive cup and handle pattern. This all culminates into one big bullish domino effect and that confluence helps greatly increase the probability of all of thee patterns confirming their breakouts. Not to mention another big invh&s pattern we confirmed the break out from many months ago had a target of 82k and we still haven’t quite reached that yet and in doing so, we also would trigger all 3 of these patterns so it may actually be the most appropriate 1st domino of this domino effect(will link that chart pattern idea below). However these 3 dominoes are clustered all very nicely together so it should lead to a pretty explosive move upwards. The inv h&S’s target is around 86k the bullflag’s target around 101k and the cup and handle target is 133k respectively. One last thing to mention though is that I am basing the bullflag’s price target of 101 k off of the size of the flag pole we see here on the daily(as well as the weekly) chart. Once you flip the timeframe to the monthly chart, you actually can see the pole of the bullflag on that time frame is much bigger and brings the bullflag target up all the way to 117k. *not financial advice*
BITSTAMP:BTCUSD
by DrDovetail