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Cup And Handle

BTC - Looks extremely Bullish/Breakout Coming?BTC has been consolidating for months since setting new highs. Massive cup and handle on the weekly and a textbook bull flag in n the daily. Watching the channel on the 1hr and 4hr charts to await a break of the channel the flag is currently in. Candles from 15 minutes up start closing above $63500 I’ll be looking for a breakout to test $65000 and then ATH before a larger run up. BTC can move fast and dump just as fast, so I will use MARA, BITO, or MSTR call options for the breakout if it happens.
Long
by Twelve_29_Options
$BTC - Hourly C&H | Enough to break through $65k?I’ve spotted a classic Cup and Handle (C&H) pattern on the hourly chart, and it looks like it could be a promising setup for a long position if we are indeed gearing up to challenge FWB:65K again. Trade Idea: Entry Point: Look for a breakout above the handle’s resistance level. This confirms the pattern and signals a potential upward move. Target: Aim for a 3% gain from the breakout point. This target is based on the typical price movement following a C&H breakout. Doing incremental TPs at the Fibs make sense as well Risk Management: Place a stop loss just below the handle’s low to manage risk effectively & always ensure your position size aligns with your risk tolerance. Who is bullish? Nfa dyor yakwtfgo
BITSTAMP:BTCUSDLong
by httpz
EURUSD- Cup and handle pattern ( buy on dips) plss dont miss itPattern formed- Cup and Handle pattern EURUSD surged sharply after a long consolidation. It hits a high of of 1.11987 at the time of writing and is currently trading around 1.11888. The pair trades above short-term (34 and 55 EMA) in 4-hour chart. Major resistance to watch- 1.1200. Any violation above 1.1200 targets 1.1280/1.1300. Major support- 1.1178/1.1120/1.1060/1.09880. Indicators ( 4- hour chart) Directional movement index -Bullish CCI (50)- Bullish CCI(14)- Bullish It is good to buy on dips around 1.11870-880 with SL around 1.140 for a TP of 1.1278.
Long
by FxWirePro
BTCUSD: Confluence of 3 Bullish Patterns As seen in the chart, we have both a cup pattern and a beautiful flag pattern simultaneously within a large ascending channel. The price has not yet broken the flag pattern, so we do not have confirmation to enter a buy trade. However, the presence of multiple bullish patterns at the same time increases the likelihood of an upward move. If the flag pattern breaks, a buy trade can be initiated. The shared target for all three patterns is the $110,000 range.
BITSTAMP:BTCUSDLong
by Hakimi1260
1
Palantir (PLTR) – Correction Time?Palantir ( NYSE:PLTR ) is completing a cup-and-handle pattern and is now pushing toward its all-time high of $45. However, with the RSI running hot and the 150-day moving average well below current levels, the stock looks overextended . Historically, Palantir tends to see a pullback before earnings, which could present an opportunity for a better entry point . A gap has formed below, and I expect a potential pullback to the newly created support zone at $29.50 . I believe Palantir is a strong long-term hold, but I'll be watching closely for a correction to enter around $29.51-$31.80. Do you think Palantir will continue its run to the all-time high, or will the pullback before earnings provide a better entry? How do you see the gap closure playing into the stock's momentum?
PLong
by elka_graph
15
Honestly, I don't feel like explaining, the chart says it all !!SOLUSDT is in the ascending phase by the cup and handle. SOL is in a large C&H if it follows these pattern, the price will have a nice rally. ⭐The pattern increases the price by the amount of the measured price movement (AB=CD). ✨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
6
PayPal (PYPL) – Cup-and-Handle Setup looks very BULLISHPayPal is showing a well-formed cup-and-handle pattern, with a currently consolidating handle. The stock is moving within an ascending channel, which helps project a path to the bullish target of $92.40 . However , this is an early-stage breakout setup and carries some risk . If the price breaks below the lower boundary of the ascending channel (currently around $72), it could invalidate the pattern. With the 150-day moving average far below and the RSI in overbought territory, any failure to hold support would suggest an overextended stock . On the upside, volume is increasing, and the market's current bullish trend gives PayPal a solid chance at breaking through the $74 resistance and heading toward the target. With pre-market price of ~$74 PayPal looks ready to test the $74 resistance. However, keep an eye on $72 support level for risk management, and wait for volume for breakout confirmation. Do you think PayPal can sustain this momentum, or is the stock too stretched for a breakout?
NASDAQ:PYPLLong
by elka_graph
2
AUTOIND - BUY BEFORE BREAKOUT -LOW CHEAT ENTRY 1. Technical Setup Cup and Handle Pattern: The stock has formed a well-defined cup and handle pattern. This is a bullish continuation pattern and typically indicates that the stock is gearing up for a breakout to the upside. The resistance level to watch is around ₹154–₹155. VCP Pattern (Volatility Contraction Pattern) : Simultaneously, the stock is showing a classic VCP setup, characterized by a series of contractions with decreasing volatility, signaling that supply is being absorbed, and demand may be increasing. The price action is tightening as it approaches the key resistance zone. 2. Volume Analysis Shrinking Volume: During the pullbacks in the VCP pattern, we can see shrinking volume, which is a key characteristic of a potential breakout. This signals that sellers are fewer, and buyers could soon take control. Breakout Volume: A strong breakout needs to be accompanied by a noticeable increase in volume to confirm the move. If this happens, it could lead to a significant upward rally. 3. Resistance and Breakout Levels The stock faces a key resistance around ₹154–₹155 . If it breaks above this level, confirmed by strong volume, it could signal a successful breakout of both the cup and handle and VCP patterns, leading to further upward momentum. 4. Low Cheat Entry Strategy You can enter early (before the breakout) using a low cheat entry around ₹140–₹145. This allows you to enter the trade at a better price with a tighter stop-loss, reducing your risk while potentially capturing a larger portion of the breakout. Stop-loss: If you opt for a low cheat entry, place a stop-loss around ₹135, just below the last contraction or the handle. This provides a relatively tight risk to reward ratio. 5. Target Price First Target: ₹154–₹155, the immediate resistance level. If you enter early with a low cheat entry, you may consider taking partial profits at this level. Breakout Target: Based on the pattern's depth and the measured move from the cup, the target after a successful breakout could be in the ₹180–₹190 range. 6. Risk Management Stop-Loss : Whether you enter at the breakout or use the low cheat entry, a stop-loss around ₹135 would limit downside risk. Position Sizing: As you're planning a low cheat entry, consider taking a smaller initial position to reduce risk, and possibly adding more once the breakout is confirmed. 7. Market Sentiment and Overall Trend The stock appears to be in an uptrend, trading above the moving averages, and has been consolidating for a while, indicating accumulation. The market sentiment is also a factor—if the overall market is bullish, it increases the chances of a successful breakout. Conclusion Bullish Bias: Both the cup and handle and the VCP pattern suggest a potential bullish breakout. The stock is well-positioned for an upward move if it breaks the ₹154–₹155 resistance level with strong volume. Low Cheat Opportunity: A low cheat entry around ₹140–₹145 offers a chance to enter early with a tighter stop-loss, increasing the risk-to-reward potential. Targets: The short-term target is around ₹154–₹155, with a breakout target ranging from ₹180–₹190. This stock looks promising for a bullish trade, especially if the market conditions align with the breakout. Keep a close watch on the price action around key levels, and ensure proper risk management with stop-losses.
NSE:AUTOINDLong
by minion_traders
SWING IDEA - PRISM JOHNSONPrism Johnson , a key player in the building materials sector, is showing promising technical indicators that suggest a potential swing trade opportunity. Reasons are listed below: Break of Cup and Handle Pattern : The stock has broken out of a cup and handle pattern, which is a bullish continuation signal, indicating the potential for further upside movement. Support at Crucial Zone of 150-160 : The stock is taking strong support around the 150-160 zone, a critical area that has previously acted as a strong support level. Bullish Engulfing on Weekly Timeframe : A bullish engulfing candle on the weekly chart adds to the bullish sentiment, signaling a strong reversal from the support zone. Double Bottom Pattern on Weekly : The formation of a double bottom pattern on the weekly timeframe further strengthens the bullish case, indicating a potential reversal from a major support area. 50 EMA Support on Weekly Timeframe : The stock is currently supported by the 50 EMA on the weekly chart, indicating that the long-term trend is intact. Target - 199 // 220 // 250 Stoploss - weekly close below 142 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:PRSMJOHNSNLong
by Visionary_Growth_Insights