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Cup And Handle

Epic Cup & Handle Loading .... In my latest technical analysis of the BTCUSD (Perpetual Contract), I've identified a compelling 'Cup and Handle' pattern that signals a bullish trend on the horizon for Bitcoin. My chart showcases the formation with a well-defined 'cup' and a smaller 'handle', indicating a period of consolidation that could precede a significant upward breakout. I've marked the 'Cup Depth' to emphasize the price range from which we've rebounded, and the volume profile to the right distinctly shows a dense cluster of trades at the 'retracement level', underscoring it as a robust support zone. With a target box assertively set above the handle, I'm forecasting an ambitious price target in this cycle for Bitcoin (>$250K), reflecting my strong belief in the predictive power of this pattern.
Long
by tkarolak
2
GULFPETRO - BUY ACTIVE GULFPETRO -GP Petroleums Limited - BUY ACTIVE Chart Insights : Daily Chart Stock closed at 84 on 04-Mar-23 We can see stock is formed cup & handle pattern and tried to break the resistance and can see that its sustained. Best BUY on 60-65 level, keep monitor for future investment. If it crosses 100 level and sustain we can see good upside move. Drawn support and resistance levels on chart for entry and exit reference. Its for Risky Investment Players, others can invest less and wait for best buy level for good returns.
NSE:GULFPETROLong
by NxtLevelTraderS
UNIT - 7 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
NASDAQ:UNITLong
by TheArtOfCharting
KORDS - 14 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
BIST:KORDSLong
by TheArtOfCharting
AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :) For more info related on AGIX: www.ccn.com
AShort
by luigi360swirl
250,000 % ASMUSD Is this a huge cup and handle?!While looking around, I found this. It appears to be a cup and handle on the daily or weekly logarithmic chart with a price target of around $1.00 if it were to play out. The current price is around 0.04. Newly increasing volume on recent time frames since alts started moving. My monitor does not give it justice. Full disclosure, I bought a little while I wait for confirmation. You have to see this on your monitor. I don't know anything about the coin, just looked at the pattern and did a little TA on it.
COINBASE:ASMUSDLong
by BreakingGood
1
FIOUSDTThe cup and handle chart pattern is a bullish continuation pattern in technical analysis. It consists of a cup-shaped formation followed by a smaller, downward-sloping handle. The breakout above the resistance level of the cup signals a potential uptrend continuation. It indicates a shift from consolidation to renewed buying interest. Short term target upon completion of Cup is at 0.04250 Rejection can be seen for the formation of its handle or it might break the neck line depending upon volumes. Mid term target after the breakout of the neck line is at 0.05259
Long
by mbaberhanif
HUMNLThe current price action demonstrates a consolidation phase, as delineated by the curve indicated on the chart. Furthermore, a bullish divergence has emerged in conjunction with the RSI. Notably, the RSI exhibits an upward trajectory, indicative of a burgeoning upward momentum. Should the price breach its resistance level of 6.90, this may signify the formation of a cup pattern. For strategic accumulation, a range between 6.55 and 6.65 presents an opportune window, with an initial target set at 6.90 and subsequent advancement to 7.20. It is advised to implement a stop loss strategy beneath the threshold of 6.38 to mitigate potential losses.
PSX:HUMNLLong
by mbaberhanif
Microsoft Bullish Cup and Handle Microsoft - NASDAQ:MSFT A bullish monthly and weekly chart: ✅Monthly MACD Cross ✅ Long Term parallel channel intact ✅ Above 200 day & week MA ✅ Cup and Handle (with a high handle - Preferred) ✅ Good Risk: Reward Ratio at 7.6 (51%+ vs -7% loss) ⚠️ Stop loss levels on chart 🫡 A great set up. Those that are patient could wait for a potential pull back (arrow on chart) as we are reaching into overbought levels on the RSI on the weekly. It would not be unusual for Microsoft to pull back 5-8%. The R:R would be significantly improved if you waited and if it led to an entry from approx. $350 (after a 5-8% pull back), this would line up with the 200 DSMA also. However there are no guarantees of a pull back. Those half as cautious could enter half a position here and see what happens and place another entry at $350. All in all the $330 - 335 red box area on the chart is an absolute stop loss level. If this level is lost I would be out of the trade fast. So you have options with this set up: 1) Entry here with a tight 7% stop. 2) Half a position here and half at approx. $350 with a stop at $335. 3) You wait for $350 and you place your stop at $330. These all result in a similar loss of 5 - 7% in the event the trade fails. The upside potential is always 50%+. You can always cut early also at target one and take something at the 26% profit level. It important you take full responsibility for your trade, position accordingly and be ok with the small 5-7% loss as it will likely happen, we are only leaning on the probability that maybe 60-70% of the time these trade set up provide us the return we want. I have not really ventured into the earnings or dividends however they are both positive contributors to this trade as earnings have been excellent and dividends whilst minimal, are dividends at the end of the day. We are here for the trade and play a set up off the chart. The fundamental's are just nice framing for the stock in our minds eye. PUKA
NASDAQ:MSFTLong
by PukaCharts
38
$KAS Huge Cup and Handle?CRYPTOCAP:KAS has played out several smaller cup-and-handle patters over the past year. This idea shows two larger cup-and-handle patterns on the $KAS/BTC pair - one which played out already (yellow) and one that could be leading up to a breakout. If this breakout occurs, it could shoot KAS*1,000,000/BTC from ~3.0 to 5.0 - 5.5. at ~$60k BTC, that's $0.30 - $0.33 per $KAS. Very fair target considering others' recent models. Where things could turn really juicy, is if BTC continues to rip and closes in on $90-100k... in that case, the target CRYPTOCAP:KAS price range is $0.45 - 0.55. Good luck!! CRYPTOCAP:KAS , COINEX:KASBTC
Long
by BillyStaples