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Cup And Handle

Get Ready for a 10% Profit Explosion with LINKLink seems to have recognized its own potential after breaking below the beautiful ascending channel it created some time ago and exploring those levels for a while. It might be attempting to convey this potential to us with the Cup and Handle formation. The general target of these formations is expected to rise by the size of the large semi-circle we call the cup. We are approaching the end of our formation, and if we can re-enter the upward trend channel, the formation target will likely be achieved.
Long
by TonyStellar
1
$LINK Cup and HandleThe market had a retracement-hopefully it was a retracement, and now it lighted it first white candle in 4 hr time frame. it may be early to make this assumption, but I will make it anyways. 15.935 is a critic resistance level. Below that level, the price is in process of making a cup and handle formation. I am expecting this formation to be completed before this coming Monday. If it doesn't, this idea will probably be cancelled. I would break my LINK budget into three pieces: I would buy with now with 1/3, I would buy another 1/3 after the breakout-if it does, and I would use the last 1/3 if the resistance gets confirmed as the new support line. One important point is that 16.500 might be the highest high for this move since it might be completing its Elliot waves, so depends on the price action and indicators, TP might be necessary. Stops are always crucial, and it is different for everybody. I hope LINK will do as we say. Happy trading. ps trust me, this definitely not a financial advice in any sort of way
COINBASE:LINKUSDLong
by frikko23
Stellar lumens to $12On the above 4-day chart is a ridiculous prediction. Nonetheless, the foundation is for lack for better word is, solid. Price action has corrected almost 90% since the month of May 2021. A number of reasons now exist to be bullish. Those are: 1) The ‘incredible buy’ signal. Definitely not to be ignored on this time frame. 2) Price action now finds itself on the golden ratio at measured from the March 2020 lows to the highs of May 2021. 3) Let’s talk about this perfect Cup and Handle formation. Technically it is text book. The correction thus far is squeezing between the golden ratio and price action resistance. Eventually it will breakout, that’s your signal. 4) This is a 100x projection. Is it possible for price action to fall full further? For sure. Is it probable? An emphatic no. Ww Type: trade Risk: <=6% of portfolio Timeframe: 6 to 12 months, seriously. Return: 100x
COINBASE:XLMUSDLong
by without_worries
131
Is XRP going to $25 ??Probably. On the above 5-day chart price action has corrected 80%. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame. 2) Price action is currently on the 0.618 golden zone as measured from March 2020 bottom to the April 2021 high. 3) The Cup and Handle formation is text book. The handle is forming a perfect bull flag. The $1.80 target is an easy stretch to make from current levels. 4) IF the $1.80 becomes support later this year, expect $25 as the next target. 5) On the 2-day chart (below) price action is printing strong bullish divergence following a buy signal. Is it possible price action falls further? For sure. Is it probable? No. Those crazy targets a number of charts are suggesting are nothing to do with the token itself but rather everything to do with what is happening to the dollar. This is what the beginning of a currency reset looks like. Ww Type: trade Risk: <=6% of portfolio Timeframe: Don’t know. Return: 70x 2-day chart
BITSTAMP:XRPUSDLong
by without_worries
225
$UNI AnalysisFor sure, either up, or down. Depends on the direction it chooses, these are my lines that I am following. Cup and handle seems to be a strong indication of an up move; however, until it breaks 6.977 resistance and retests the black conventional support line it is all imagination. We also need a relatively high volume to avoid sideways range and to go on a direction. One thing that's negative is the divergence in RSI. It shows that the breakout and retest of 6.977 is significantly important. If it chooses to go down instead, breakout and retest of 5.724 is critical because if you look at the chart on daily timeframe, you may see a head and shoulder formation which can take us 3.836. Either way, long or short, I wish all of us a happy trading. -this is my idea, not financial advice.-
by frikko23
1878 - 5 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.
TSE:1878Long
by TheArtOfCharting
4 Accurate Predictions Made by AIRecent trends in the cryptocurrency market have sparked interest in the performance of specific digital assets, including Origin Protocol ( BINANCE:OGNUSD ). Notably, this particular cryptocurrency has experienced significant fluctuations, catching the attention of traders and investors alike. Origin Protocol's journey in the market has been marked by both bullish and bearish patterns, as identified by Artificial Intelligence (AI). These patterns have resulted in varying gains, from a significant 27.80% to a more modest 8.53%, depending on the specific pattern and market conditions. AI, a sophisticated tool for market analysis, has detected multiple bullish patterns in the trading of Origin Protocol. Prediction #1. Uptrend Detected "Three Rising Valleys"(On December 28, 2023, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.146554). On January 03, 2024, AI confirmed the Bullish pattern, setting a target price of $0.198600. 8 days later, on January 11, 2024, BINANCE:OGNUSD reached the target price resulting in a +27.80% for traders who took a long position in the stock.), Prediction #2. Uptrend Detected "Head-and-Shoulders Bottom" (On December 11, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.127435). On December 15, 2023, AI confirmed the Bullish pattern, setting a target price of $0.167800. 19 days later, on January 03, 2024, BINANCE:OGNUSD reached the target price resulting in a +27.05% for traders who took a long position in the stock) patterns, each culminating in substantial gains of 27.80% and 27.05%, respectively. These patterns indicate a strong bullish sentiment in the market for $BINANCE:OGNUSD. Such insights are invaluable for traders looking to capitalize on emerging opportunities in the volatile world of cryptocurrency. Prediction #3 Uptrend Detected "Broadening Wedge Ascending" (On December 16, 2023, AI detected a Broadening Wedge Ascending Pattern (Bullish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.149192). On December 17, 2023, AI confirmed the Bullish pattern, setting a target price of $0.171900. 17 days later, on January 03, 2024, BINANCE:OGNUSD reached the target price resulting in a +8.53% for traders who took a long position in the stock.) Prediction #4 Downtrend Detected “Cup-and-Handle Inverse” (On December 14, 2023, AI detected a Cup-and-Handle Inverse Pattern (Bearish) for Origin Protocol cryptocurrency ( BINANCE:OGNUSD , $0.137301). 20 days later, on January 03, 2024, AI confirmed the Bearish pattern, setting a target price of the stock. On January 03, 2024, the stock hit the target price of $0.115000 – resulting in a +17.93% gain for traders who shorted the stock on the pattern detection date.) which yielded an 8.53% and 17.93% gain, present opportunities for strategic trading. Traders looking to capitalize on these trends should consider the timing, historical performance, and market conditions surrounding these patterns. Finding Current Patterns with AI If you're interested in staying updated with current trading patterns, particularly for cryptocurrencies like Origin Protocol, Tickeron is a valuable resource. This platform employs advanced artificial intelligence to detect and analyze market trends, offering insights that can guide traders in making informed decisions. Visit Tickeron to explore real-time data and trends in the dynamic world of cryptocurrency trading.
BINANCE:OGNUSD
by tickeron
Patience Will be Paid !I know its a Monthly Chart and Pattern is Under formation & there are multiple Possibilities But I am sharing this after Checking on so many Timeframes, I know things will take time But It will Happen. Although A very GOOD Weekly candle Close keep in radar. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
NSE:DLF
by Anany_shringi
2
Bitcoin - Absolutely Perfect Cup and Handle Here you can see a perfectly executed succesfull cup and handle pattern. I bought in right above neckline (40300) and sold half of my position at TP1 (41300) and other half in TP2 (42100) The position is perfectly executed and was pinpoint accurate except 2 things. 2 potential things that could have been done to make the position more profitable were : 1 : I entered the position at 40300 where the neckline broke up to 40500 and gone for a retest at the neckline . but that breakout was failed and price was down to 39600 . I coulda waited for it to touch the base line of handle and bought from 30600 2 : I perhaps entered the trade at first breakout . I coulda been more patient and put order on a proper breakout confirmation so I wouldnt pay funding fee for days. Other than that I think my execution was perfect for this trade. *Key notes* : When you look at daily chart you can see that 40350 was lowest bitcoin threw wick to since last month or so. thats why majority where bearish and got liquidated since they thought this fakeout was going to set BTC price back to 38k-36k range If you look at daily and hourly chart between 19 jan and 22 jan you can clearly see how I decided for TP1 and TP2 points.
Long
by aresumutprevazi
4