Get started

CUP

GME TO THE MOON SOON! 🚀🚀🔮 LFGThe long term consolidation is fucking insane. It is wedging at a very nice form. A breakout could happen before November 15th. The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to cover because everyone could only sell and they'd be stupid to cover. What is different about this time? People are buying actual shares in their own name... now leaving it in the hands of retailers rather than brokers. Meaning if prices go as high as 400 again, shorts WILL cover and skyrocket a shit ton even if brokers restrict trading again. What's more is that we saw a massive cup in the middle of the wedge. I may be grasping straws here but we are in on overextended handle the just needs to break the resistance for it to fly. While this is a slight stretch, on cannot deny the wedge formation is looking good. GME to 1k🚀 APES NEED TO GATHER. LETS GET THIS BREAKOUT AND FLYYYY
NYSE:GMELong
by CheckMatted
RAYDIUM could go nuclear!!!Raydium showin couple nice things on the Daily chart. Also on higher timeframes but i only focus on the daily in this setup. Potential Cup and Handle (yeah it's in the room with us rn), with a higher low doulbe/triple bottom at a .786 retrace, class C bullish divergence on the MACD Histogramm, RSI and Stochastic at very favorable levels and the day will most likely close with a bullish engulfing candle. For a trade the stop loss is placed below the previous low even tho the 200sma and major support levels are right below it, but this setup only works with a local higher low. lets see :)
FTX:RAYUSDLong
by luyestefan
VRA - Breakout possible! Cup and HandleVRA has shown strong buyer signals recently, and has formed a cup & handle pattern over last several months. It is right now, on the verge of breaking its previous All Time High. If it does this, the cup and handle pattern suggests that: 1) The deepest part of the cup, all the way up to the rim, is the measure for where the asset goes next, starting at the top of the rim. So I drew prices at the top of the rim, going up to the match of the depth of the cup. This has a good chance of working out, as long as BTC doesn't tank or take off. That is getting harder to ask lately. Trade - Watch for breakout upwards! This is the buy signal, some wait til candle close, depends how fast it is moving.
Long
by Shwayze
ADAUSD Chance for Double BottomImportant things to note: BTC retracting has started. I do not see BTC going past 46k. ADA chance for double bottom on 1D Double Bottom would produce a target of 2.62. This would smash the resistance level. Pattern would also create a cup for further targets. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. The BTC FOMO buying finally subsided and now we get to see the retracement we were looking for. I do not see BTC going past 46K and I would like to see it stay above the 50MA on the 1D chart. ADA's retracement depends on BTC at the moment. Right now we have many options but the one I would like to see the most is the double bottom pattern on the 1D chart. Typically, you will see patterns be created on the lower time intervals and repeated on the higher time intervals. We have already seen a double bottom on the 1h, 4hr, and now I would like to see it on the 1D. This is the same for any pattern really. I want to see this pattern complete for a few reasons. First, it would signal a long term reversal (we already saw that coming however). Next, it would produce a target at a level higher than the resistance we need to get past at the moment. Third, it would create a cup which gives us potential for a cup and handle. I have already seen a cup form on the 4hr so I would not be surprised if we see one on the 1D as well. Anyways, I just noticed it and I wanted you all to be aware. This is what I am looking for. If I do not get it, I hope someone creates a meme out of this called "the pattern you want vs the one you get" LOL. I will continue to keep and eye on ADA and update you all accordingly. Thanks again! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
20
ADAUSD TARGET REACHED! Cup and HandleImportant things to note: We got a great short squeeze from BTC creating upward momentum. ADA has broken through first resistance. My price target was touched perfectly before moving upward. A strong basing pattern (cup) was formed. If a handle forms next major of 2.52. I have charted my minor price target. Resistance levels are the same. Support is noted on the chart. So, do you think we are in a bullish trend now? Well, from the sound of all the salty bears, you can guarantee we are! My long on BTC paid off well! BTC has squeezed the short set to exp today creating upward pressure which is what we see now. ADA on the other hand, smashed through resistance and touched my price target perfectly. Now we have had a strong basing pattern form (a cup), and I would like to see an handle form creating a major target of 2.52. I also have a smaller minor target on the chart (if we do not get the cup and handle). The resistance levels are noted, but like I said before, I am not worried, I am just sitting back at the moment charting price target. Also, shoutout to my follower that called the 2.06 retracement! Great job. And shoutout to my other follower that mentioned crypto being influenced by the price action of the dollar. 100% Agree, great job! That feels pretty good! The momentum will increase the more low level resistance levels are broken. I hope you are all ready for the ride because these next few months are going to be insane in terms of price gains. hope to see many happy people these next few months! I will continue to watch ADA and update you all accordingly. I will be putting out my ADA summit recap post this weekend! Stay tuned and thanks again for all of the support! I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
30