BITCOIN (BTCUSD): Bullish Move From Support Confirmed
Looks like Bitcoin is going to pullback from a key intraday/daily horizontal support.
As a confirmation, I spotted a tine cup & handle pattern on an hourly.
The price will go up and reach at least 105291 level soon.
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Cup And Handle
CADJPY: Long Trade From Support 🇨🇦🇯🇵
CADJPY looks bullish after a test of a key daily/intraday horizontal support.
A strong confirmation is a formation of a cup & handle pattern
on that on an hourly time frame and a breakout of its neckline.
The price will most likely go up at least to 107.57
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Estee Lauder (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Estee Lauder (Extended Hours)
- Double Formation
* Retracement | Not Numbered | Subdivision 1
* ABC Flat Correction
- Triple Formation
* 118.20 USD | Wave 2 | Extension | Subdivision 2
* Retracement | Numered | 1))
* Cup & Handle Pattern | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
SOL/USDT Weekly Chart: Cup & Handle Pattern Signal 115% Breakout(I'm not a financial advisor)
The chart reveals a classic Cup and Handle formation on the weekly timeframe, signaling a continuation of the bullish trend. The cup represents a period of accumulation and consolidation, while the handle indicates a minor pullback before a potential breakout.
Key Levels:
Breakout Point: ~$235
Current price: $222.73
Target Projection: ~$500 (based on the measured move from the bottom of the cup to the breakout point, mirrored upwards).
Bullish Outlook:
A confirmed breakout above the handle resistance could trigger a strong move upward, fueled by the continuation of the prior uptrend. The measured move aligns with a target near $500, reflecting a potential 2x increase from the breakout point.
Why This Setup is Significant:
Cup and Handle patterns are reliable continuation patterns in technical analysis.
The handle's tight consolidation shows reduced selling pressure, increasing the probability of a breakout.
Volume confirmation upon breakout would strengthen this bullish forecast.
Watch for:
A weekly close above the breakout point (~$235) with increased volume.
Potential pullbacks to retest the breakout zone as support.
Total3 - Alts Cup and Handle target met retrospective draw 50%Lessons learned: Bullish target for cup and handle for breakout of alt season in 2024 met exactly
I did spot this much earlier which allowed me to get more aggressive on alts earlier - in reality I added and this chart also with BTC making similar set up encouraged me to not dump my alts at the low when many capitulated right before the market took off.
Just sharing the draw to spread the education and a good example of a cup and handle and where do you position the target. In this case on the break out line which had a capping descending grind line acting as a signal to buyers. You can see the larger volume green candle coming in to play as confirmation that the alt season was well under way.
Also when this happened many alts made an Asc triangle confirming upside direction in the next cycle I hope this helps people know when to add into alts. I suspect some bullish chart pattern will develop and until the capping trend line is broken the volume does not really come in
So now maybe the Alt bull run may be truncated because initial targets are all ready been hit and we are no into over performance - I hope not but we must be careful to lose any money but equally careful not to leave too much on the table. A normal crypto bull alt cycle we would expect to close out late summer 2025. With equities being so over valued maybe its early this cycle, watch careful after 20 Jan when Trump takes office. Watch careful after 1st qtr as many tax returns are done then in other countries and lets hope it runs 10x until next summer and we all get rich! sounds too good and too easy to be true!
HUBC offers over 60% gain within next 12 monthsLong term Investors or long term swing traders should enter the stock's trade.
Cup and Handle formation on the monthly chart is in making
Monthly closing above 140.41 will expose the stock to post Historical Highest price around 224
SL should be placed below 93
TP1 could be placed at 189 by entering the trade at 141 while TP2 could be set at 237, while as per projections, Trade could be closed at 224
Cup & Handle Pattern TutorialA cup and handle pattern is a bullish continuation pattern that signals a potential upward price movement after a consolidation period. Here's a breakdown of its key components:
Cup: The pattern starts with a downward move in price, forming a rounded bottom (the "cup"). The price then rallies back up to the level where it began, creating a U-shape.
Handle: After the cup forms, the price pulls back downward in a smaller, rounded formation (the "handle"). This handle is typically a consolidation period before the price resumes its upward trend.
Win Rate
The cup and handle pattern is known for its high reliability and success rate. Research shows that it has a 95% success rate in bull markets and an average profit of around 54%. However, it's important to follow strict trading rules to achieve these results
AVAX: A Bullish Cup & Handle?AVAX is among the leader coins with a strong community.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation).
Breaking $22.6 invalidates the idea (the stop-loss).
If the confirmation is passed then the ATH would be the target.
Octopus is attractive to Buy at these levels Offering 117% GainsThe stock after breaking out its accumulation zone enters the bullish territory and printed a Cup and Handle formation on weekly chart. The stock has successfully broke out the Cup and Handle but went into consolidation after posting bearish divergence. Currently, retraced till 71.8% as per FIB levels and being accumulated for another bullish ride where it can double the investment within next 6 months.
One can start accumulate atleast 25% allocation at these levels with SL at 55. Confirmation to the Target price will be given once weekly closing above 100 is given by the stock where it will validate the journey towards final target price of 165 which is the projection of Cup and Handle formation.
NETSOL hasn't achieved Cup and handle formation Final Target yetThe stock had recently made a Cup and Handle formation on its weekly chart, However, weekly closing has not been over 168, which indicates the fact that stock is likely to retraced till 143 level to get start for another rally towards its Cup and Handle formation target price of Rs. 176.
Recently the HH was around 173. accumulation the stock between 143-155 levels is recommended.
Once weekly closing is above 168, the stock is likely to test its resistance level around 198. If the stock is accumulated at an average price of 150ish, 32% gain can be expected if the stock tested its previous resistance at 198, breaking out 198 level would trigger the next resistance of 226. This movement is expected to be captured by the stock within next 12 months when the stock is likely to break its historical high of 304.75
Stop loss can be kept around 122
Refrain from Trading in AGP at the momentThe stock has made significant bearish divergence and likely to retrace, Retracement Level 1 could be 150, level 2 could be 144, Level 3 could be 133 and Level 4 could be 121 where it should be accumulated as per your capital allocation.
On Long term, the stock seems to be in uptrend with 6 months Target of 270 which will be a 50% gain from suggested Entry.
However, this target is likely to be achieved when it will cross Rs 180 level being its previous HH. Investors or long term traders likely to made over 70-80% on this stock within next 6-8 months
Babcock & Wilcox Enterprises, Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Babcock & Wilcox Enterprises, Inc
- Double Formation
* Cup & Handle | Entry Area | Survey Settings | Subdivision 1
* 3.40 USD | Flag Structure | Pivot Point
- Triple Formation
* Top / Bottom Structure | Downtrend Bias | Subdivision 2
* Flag Structure At 1.80 USD | Trend Continuation
* Behaviour & Entry | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
BNB Cup-n-Handle Breakout ComingBNB has been forming Higher Lows on Daily Chart and still undergoing a week long accumulation, within the Handle of this cup.
Support level for this cup is 601-612 , that's where major accumulation is ongoing.
Confluences with Monthly Vwap as well.
On breakout, BNB will join the club with BTC and SOL that brokeout this month already.
I am expecting a larger rally towards targets 900-1100 , making a move of 60-120% from current price.
Disclaimer - Use your own analysis and do not rely on this trade idea alone.
Use risk management while engaging trades.