CUP
The Giant Cup. Clarus CorporationAre we waiting for the handle or is it just a Cup? Over 5 years in the making. My prediction is up.
CRV/USDT Exponential Growth With Room For MoreCRV is booming at the moment. Over the last 10 days CRV has seen over 130% increase in value, without any indication of stopping soon. We might see the price hitting $1 over the next week.
When we zoom out we can clearly see that the price is following a Cup pattern, with the lows being hit late October.
Volume has seen a big increase as well since then. People are clearly eye-balling CRV.
The token is relatively new on Binance, so its definitely not dead yet. Keep this one on your watchlist!
jse:dcp Dischem potential CUP & HANDLE ?Will we see the cup & handle upside?
To support >R22 on Dischem is the recent inverse head & shoulders on Dischem (weekly) that also plays out to >R22
JMIA forming a cup and handle Possible cup and handle formation from JMIA, will be legitimate once candle broke out the red horizontal resistance
Cup ND Handle formation ! XRP ! Short Update :
Xrp is forming cup nd handle formation on daily and it will be interesting to see how the montlhly candle closes !
Huge move is on the way very soon
As usual do not buy any crypto with my advise , always do your own research before buying ,losing money is subject to user's greed and his mindset !
XRP Cup & HandleGood day ladies & Gents. I can see a cup and handle on the daily tf. We could see a .65 XRP in the near future. Keep an eye on it.
ATVI Massive Cup And HandleHandle is currently forming I figure we bounce off $72-$73 and fly through December.
Cup and a Handle setupMVIS is forming long term setup for bullish break at 3,01 with "Cup and a Handle " nice formation.
AXISBANK ( DAILY) - Cup and Handle BreakoutAXISBANK ( DAILY) (STOCH > 25 and 75 )
Formation of cup as on 4th Sept 2020 till 9th Oct 2020
Possible formation of handle till 9 day EMA
Buy above high of 473.5 ie high of 4th Sept 2020
Trend line breakout also present drawn from 1st of Sept till 9th Oct 2020
Target height of trend line 503.4
OR
Target height of cup for Rs.65 move
OR
Target 2*ATR for Rs.33 move
9 day EMA > 21 day EMA > 50 day MA
RSI > 60
Volume > AVG
$VEEV (DAILY) - Cup Breakout$VEEV (DAILY)
Awaiting Cup breakout as on 1st Sept 2020 till 8th Oct 2020
Possibility of formation of handle till 9 day EMA @ 282.29
Buy above high of 298.76 being height of cup supported by pivot on 2nd Sept 2020
Target Height of cup for $43 move
OR
Target 2*ATR for $19 dollar move
RSI > 60
9 day EMA > 21 day EMA > 50 day MA
$ETSY (DAILY) - Cup Breakout$ETSY (DAILY)
Cup Breakout as on 10th Aug 2020 till 7th Oct 2020
100 day horizontal channel high broken out on 8th Oct 2020 , however red candle , await next candle for confirmation
RSI > 65
9 day EMA > 21 day EMA > 50 day MA
Volume is average
Buy above high of 144
Target Height of cup for $39 dollar move
OR
Target 2*ATR @ $13 move
$FSLY ( DAILY) - Cup Breakout$FSLY ( DAILY)
Cup breakout as seen on 5th Aug 2020 till 7th Oct 2020
Awaiting 100 day horizontal channel breakout
Possibility of double top which occurred on 7th Oct 2020
RSI > 70
9 day EMA > 21 day EMA > 50 day MA
Volume > Avg Volume however red candle
Buy above high of 100 day horizontal channel (121.35)
Target height of cup for $46 dollar move
EUR/USD DAILY PICTUREExpect eur/usd to climb to 1.22 as the dxy should sell off to 90ish here, then i expect a big sell off as weekly dxy makes a comeback. 1.22 and out and then buy the weekly low when dxy prints 95/96
MKR to at least $750Looks to be forming several bullish signal. Good place to buy would be that ~$550 support level. If you missed the wick off there just wait.
cup of handle for gram GOLD to USDTRYThe cup and handle is a bullish continuation pattern where an upward trend has paused, but will continue when the pattern is confirmed. The "cup" portion of the pattern should be a "U" shape that resembles the rounding of a bowl rather than a "V" shape with equal highs on both sides of the cup. it means that possible increases should wait.
Strong Industry With Casinos Slowed Could Be Momentum MoverI like this stock, no debt, strong position and the technicals look great. Breakout and great cup formation, plus it jumped the river and tested the ice. The trade is accelerating. I am looking for long term, will play this over time with many positions. It is new so eye is on the ball!
Psychology and description of Cup and Handle PatternHi every one
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Psychology of Cup and Handle Pattern:
The psychology of the cup and handle pattern is as follows: The "U" part of the cup is where prices slowly fall, this wears out speculators. This is usually illustrated be a decrease in volume on the left side of the cup. Once prices reach a level where institution and strong hands find value, they will begin to accumulate the stock, shown by an increase in volume . However, once prices reach the levels of the left side of the lip of the cup that acts as an area of resistance, traders begin to sell. This selling creates the handle portion of the pattern. Traders attempt yet again to reach the resistance area that is the price level of the lip of the cup. If prices surpass this resistance area , then a multi-month long consolidation is over and prices are free to continue their rise. This breakout also gathers the attention of momentum traders who bring in even more volume to add strength to the breakout. However, if prices failed to breakout, then a solid area of resistance that has been tested three times now and has held has been established which is very bearish for the chart.
Inverse Cup and Handle:
The other variant of the cup and handle is the inverse cup and handle . The trend direction prior to the pattern can either be upward or downward , There after prices rise gently and slowly create a curved top and then gently move back down creating a long term dome "n". The handle portion is a retracement upward from the right side of the cup (called the lip) and then a reversal downward toward the price level bottom of the left side of the cup's lip; it is usually a sharper peak like the caret symbol "^" and does not rise in distance as far as the cup portion's highest high. A sell signal is triggered when prices surpass the low of the bottom of the right side of the cup.
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