ADA/USDT is going down The chart is showing the cup pattern and it’s going to lower prices
#ADA
#BTC
#ADAUSDT
Cup And Handle
FND - 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 🤝
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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"
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⚠ 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.
SOLUSDTThe 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.
🚧MANAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:MANAUSDT
✅Today, I want to analyze MANA for you in a WEEKLY time frame so that we can have a Short-term view of MANA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 0.53$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
Stay awesome my friends.
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✅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!!
Waiting for pullback on RNDR
RNDR didn't manage to break its all-time high leaving a nice cup & handle pattern
Expecting a pullback for the handle before going higher.
I will accumulate heavily on the pullback
GBPAUD: Bullish Continuation 🇬🇧🇦🇺
GBPAUD violated a solid horizontal supply zone.
After its retest, the price formed a cup & handle formation on an hourly time frame.
Bullish violation of its neckline confirms the significance of the broken structure.
We can anticipate a growth on the pair at least to 1.9464
❤️Please, support my work with like, thank you!❤️
$NMR CUP AND HANDLE NYSE:NMR economy in Japan doing well. Here Nomura is forming a cup and handle after last good earnings report. Observe the linear 8EMA trajectory. LONG!
GALAUSDT CUP HANDLE??!
As seen in the chart, the cup formation appears. I expect an increase in the direction I specified as long as the market allows it.
note to myself!
Handle EmergingWith its bottom on November 11th we can see a cup bottoming sharply and reminding almost already at a V-formation. Nevertheless there is a long handle from end November until end January that had been exceeded and is to be retested now.
Of course the price may come back to the top of the handle but in respect of the deep cup there is a chance of a large gain that may justify an entry now already with the chance of an additional long entry later on.
Cup and Handle A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level and extending that distance upward from the breakout.
Wait for the price to close above the upper trend line of the handle.
Update on roseAn update on my long-term cup and handle on Rose. My timer I drew is looking to expire soon and this is where I predicted the handle would finish and blast off would occur. This looks to be playing out beautifully, I will reduce my position at 20 cents and keep the rest staked long-term for this cycle.
BTC cup and handle updateBTC looks to be pushing my more bullish target rather than correcting like I thought it would. 58.4k is a very important zone for continuation of this bullish trend. ETF inflows have been massive, maybe the market conditions for BTC will never be the same, maybe we need to revaluate how cycles will play out going forward?
-I still plan on a major correction before mid-april
-I do not use leverage for crypto (maybe puts on miners occasionally)
-I am not adding here as I am heavily exposed to crypto directly and through certain stocks
-I am hoarding cash to buy the dips if they come, either outcome is a win for my long-term portoflios
Solarinds all coiled up. Ready for an explosive move 🧨Stock has made beautiful VCP pattern and Volatility and volume have both dried up suggesting that there may be no more sellers left. The Q3 result has also been declared. One can also see a clear triangle pattern although the stock has not broken out. To me it looks set to make new highs.
MARA huge cup and handleMARA has had a massive run these last two years, the BTC chart looks the same, we do need to correct at some point but it is possible the ETF inflows change market conditions.
Gokul refoil for mid term long termMid term target👉80✅
Long term target 👉100✅
Confirmation 👇
1. heavy volume breakout ✅
2. Retest✅
📌 Kindly consider your financial advisor before taking any position, I'm not SEBI registered.
$MSTR moving out of the cup handle as anticipated in last postNASDAQ:MSTR this stock is going to the moon moving out of the handle of the cup in my opinion as their holding of bitcoin is 193,000 coin.
As Bitcoin goes higher, valuation of this company will multiple!
Cup and Handle - Hindustan UnileverHindustan Unilever has successfully validated a cup and handle pattern and is well on its way to 3600 levels, which would be the first obvious target.
Stoploss levels would be 2400, although I would personally use ATR or Supertrend or 50DEMA as a trailing stoploss from here on.
That said, please do follow appropriate risk management and position sizing principles.
$EDU since last post trending higher after Cup and handleNYSE:EDU trending higher after my earlier post in early Feb. Note another high volume which shows some institutional interest. IMO DYDD.
PDD - We've seen this exact PA before! Making sense of itThis is no surprise to anyone who's been watching and understanding my analysis videos, specifically on PDD. Our strong controlled selling magenta algorithm took control of price and tapered purple did not act as resistance as bulls would have hoped. Rather, similarly to price action in the past, we found support on our blue tapered controlled buying whereas bears subsequently pushed price into a deeper liquidity build for bulls.
We will now be looking for magenta to continue to build liquidity with purple tapered to gain support of price in order for bulls to activate any sort of buying continuation.
When purple taper starts to control price, we can begin to look for bullish PA back into previous highs and there we can expect large and consistent gap moves upward.
Hope this was helpful and that you're all enjoying the weekend!
Please join me tomorrow at market open (9:30 AM EST) where I will be trading live on a stream here on TradingView and taking trades, analyzing charts, and having fun with our awesome community.
And as always,
Happy Trading :)
CHAINGPT #CGPT Cup and Handle formingIs buying a token, because you like the name a good idea??? :)
Well if the technicals line up too
I say 100% !!!
DOW breaking out of it's downtrend?DOW Inc. had been downtrending for quite some time (since it made a double-top peak in April of '22). But, I'm seeing signs of life. On the monthly timeframe, it's squeezing with rising momentum. On the weekly timeframe, the squeeze fired 2 bars ago and, there's a Daily squeeze primed to fire long. Combine that with the fact that it just formed a nice cup & handle as it broke through the downtrend line and I think the squeeze could provide enough juice for a run up to that resistance just in time for earnings.
RDNT May Claim 0.3850 "IF";RDNT was going slow for a long while. Usually it loves to peek when Bitcoin consolidates. But it may be different this time because in technical way it's possible for RDNT to reach 0.3850 right now.
Moving Averages looking fine for a rally, RSI above 50 in daily time frame and also more positive signals from other indicators.
In order to be sure, I'll wait RDNT close above 0,3250 in weekly time frame. The Target is specified.
Good luck to us all.
