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Cup And Handle

BTC\USD Cup and handle and a bullish flag PatternBITSTAMP:BTCUSD Hi everyone! It's been a while since I analyzed charts, so please take my observations with caution. This morning, while looking at the daily chart, I noticed a potential cup and handle pattern along with a bullish flag. I'd love to hear your thoughts in the comments! I think the cup and handle is particularly intriguing because it typically signals a bullish continuation, especially if the breakout occurs above the resistance level. The fact that it’s forming alongside a bullish flag could indicate strong buying momentum as well. I’m curious if anyone else is seeing similar patterns or has insights on this setup. Let's discuss!
BITSTAMP:BTCUSDLong
by Cronictruck115
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
HINDALCO INDS - CUP & HANDLEHINDALCO INDS has formed a Cup & Handle pattern on its weekly chart. This pattern took over 2 years to develop. It is now retesting and has formed a hammer candle. The stock may dip slightly to touch the 50 EMA before reversing upward. Key Takeaway : Identifying support and resistance levels is crucial. Two years ago, the 622 level was a resistance but has now become support after being broken. The Cup formation happened at the 50 EMA, which provided support and then reversed. It has since re-tested this old resistance, which should now act as support. The hammer candle near the 50 EMA suggests a potential reversal. The stock may stay at this level for a few days or start moving up in the coming week. This is for learning and educational purposes only, not financial advice.
NSE:HINDALCO
by SatpalS
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