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Cup And Handle

Bitcoin Cup and Handle Update Targeting $121,541 Before 2024 EndI recently shared a cup-and-handle pattern on a different exchange back on November 16th. Here's the updated version for Bitcoin it has already broken out and is now finding support around $96,500. This is on the weekly chart, and so far, it’s playing out well. The target for Bitcoin is $121,541.00. Wishing everyone good luck in reaching the 100K mark before 2024 ends! Drop a comment below if you think we’ll break 100K before the year is over.
INDEX:BTCUSD
by CryptocurrencyWatchGroup
ADAUSDT is about to increase further more !!As you can see, the price has been able to pass the cup and handle resistance, but this does not mean that the resistance is broken. We need to wait until this weekly candle closes for the breakout to be confirmed. If we measure the AB range, which is 48 cents, and if the breakout is confirmed, we can say that the price will easily grow 48 cents equal to CD. PREVIOUS ANALYSIS Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
1
Potential Cup and Handle Pattern on PTLO (Portillo's Inc.)Potential Cup and Handle Pattern on NASDAQ:PTLO ( Portillo's Inc. ) I've been analyzing the chart of PTLO (Portillo's Inc.) and I may have identified a cup and handle pattern. Using the latest data available up to November 29, 2024, here's my analysis: Chart Analysis: The cup and handle pattern is a bullish reversal pattern that can indicate a potential upside move. Here are the key points I've observed on the PTLO chart: The cup: The stock price has been forming a rounded bottom, or "cup," since Nov 15th. This is a sign of a potential reversal. The handle: The stock price has been consolidating in a smaller range, forming a "handle" since Nov 25th This is a sign of a potential breakout. Stock closed above the 20 day and is approaching the 200 day sma While this analysis is promising, it's essential to remember that technical analysis is not a foolproof method. It's crucial to combine this analysis with fundamental analysis and other forms of research before making any investment decisions. Next Steps: I'll be keeping a close eye on PTLO's stock price and will provide updates if new developments arise. Targeting $12.50. Disclaimer: This post is for informational purposes only and should not be considered as investment advice. Always do your own research and consult with a financial advisor before making any investment decisions.
NASDAQ:PTLOLong
by Paul_Hodls
BTCUSD - Cup&Handle - For BullishBTC is currently forming a cup and handle pattern on the weekly timeframe. If the price breaks above $73,800, it could potentially rise to $130,000 during its bullish cycle. Additionally, a bullish flag pattern suggests a price move up to $122,000, further supporting the potential for significant gains. Based on time cycles, BTC has yet to begin its post-halving bull run, adding further weight to the anticipated upward move. Note : This is not trading advice—it's for educational purposes only. Please conduct your own research before making any trading decisions.
Long
by Unknown_Trader007
INDIGOPNTS NSE RBC BO SWINGINDIGOPNTS STOCK Analysis TRADE PLAN ENTRY -1525 50% Qty, Add 50% qty 1605 DTF Close SL -1450 TARGET --01-1688 , TGT02--1726 Hold For a 3M or TGT 2 Chart Pattern : STOCK is near to forming a 1Y2M RBC INDICATORS EMA : The Price is Currently Trading above 50EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in alignment where today an 4.8%+ price rise with Volumes indicating start of a bullish Trend on DTF/WTF. FIBO/E : Currently the price is below 23.6% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Traders Enter above 1525. Volumes: The volumes currently are not very exciting though above the 20VMA on lower Time Frame Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry) and re enter when trend reverses... Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:INDIGOPNTSLong
by billpramod
2
Is HOOKUSDT Preparing for a Big Move? Don't Miss This Key MomentYello Paradisers! Have you noticed HOOKUSDT broken out of the resistance trendline recently? This could be the setup we've been waiting for 👀 💎HOOKUSDT has broken out of its resistance trendline, and after a consolidation, it's showing signs of a Cup & Handle pattern, with bullish divergence strengthening the case for a potential upward move. 💎If HOOKUSDT breaks out and closes a candle above the resistance zone, this will validate the pattern, significantly increasing the probability of a bullish reversal from here. 💎However, in case of a retracement, a bounce from the support zone is likely, but to increase our probability, we’d want to see a bullish I-CHoCH (Internal Change of Character). 💎If the price breaks down and closes candle below the support zone, it will invalidate our bullish setup. In that scenario, it’s better to wait for clearer, stronger price action before making any moves. 🎖Patience is key here. Whether we see a breakout or breakdown, it’s important to follow the strategy and wait for high-probability setups. Consistency, not impulse, is how you succeed in this game. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Successful breakout of 5k CupHandle / INHS!We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well. These line up with 1.5 fib extensions seeing 7.4k roughly With an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450. Best of luck to all!
Long
by locharado105
Successful breakout of 5k CupHandle / INHS!We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well. These line up with 1.5 fib extensions seeing 7.4k roughly With an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450. Best of luck to all!
Long
by locharado105
USD/CAD INSANE 22 Year Cup & Handle about to explode higherWith this week's announcement of 25% duties on MX & CA one would do well to survey the markets for opportunities. What better way to push through a trade of this nature than the FX markets?! The first thing to check in any FX trade is rate differentials: CA 10Y: 3.22% US 10Y: 4.27% MX 10Y: 9.99% The carry trade dictates we want to be long the currency with a higher yield, and our suspicion given tariffs tend to strengthen the country levying tariffs means we want to be long USD. MX offers a much higher yield so that would offset the potential in taking a short position on USD/MXN. CA on the other hand has a modest 1% discount to the US 10Y bond. Moreover, rates in the US look fairly steady, and pressure from the tariffs could cause CA to cut in support of its economy. A technical inspection of USD/CAD shows a staggering 22 year cup and handle formation on the pair. Now could be the right time to accumulate a leveraged FX position, as this trade could have years ahead of it with the advent of a 4 year Trump term.
Long
by quickshiftinn
2
$AKT Cup & HandleSince September 2021, we’ve been witnessing a massive Cup and Handle pattern taking shape, signaling potential bullish momentum ahead. With the Fed’s recent 50bps cut acting as a catalyst for risk-on assets, now is the time to pay attention! As BTC dominance (BTC.D) shows signs of topping, select altcoins with genuine adoption and utility are poised for significant rallies, possibly reaching new all-time highs. Keep your eyes peeled on these emerging stars in the crypto space!
CRYPTO:AKTUSDLong
by httpz
1
Smart Layer Network UpsideWith a decline of about 90% since launch, SLN has an extremely high chance of upside in the current market conditions. The project has a rather active community on discord and X, and is developing a new was to use tokens - Tapps - in an interactive manner on social platforms. They aim it to be a mainstream friendly use of tokens, and seem to have a good roadmap planned, including many partnerships and new listings like Binance. Furthermore, the chart has likely formed a cup and handle pattern seemingly ready for an imminent breakout once volume comes in. Any entry under $0.3 seems good, and upside potential is between $0.8 and $3.00, with an ATH above $6.00. Current MCAP, even fully diluted, seems low for such a project and their community size.
Long
by mxoostr
4
Bitcoin to 125,000After 9 months of downtrend/sideways price action, bitcoin has finally broke out of this trend. If we zoom out to weekly time frame, the 9 months of downtrend/sideways price action, serves as "handle" for "cup and handle" pattern which goes back to Nov 2021. Finally, after 3 years, this pattern is completed and bitcoin is set to get to it's next target which is ~125,000. On it's way up, bitcoin will probably face some resistance at 100K, since people have been waiting for bitcoin to hit this price target from all the way back in 2019-2020. Moreover, 100K is Fibonacci famous 1.6 extension level, so we might see some sell off at this price. However, we believe that FOMO can break this resistance level with ease and bring up the price to 125,000 USD. From this point, we probably see more sharp upward trend toward 155K and 200K but this is the danger zone where we might see sharp pullbacks to 100-125K range.
BITSTAMP:BTCUSDLong
by Mo_reza_kaz
3