1hr cup & handle continuation after 121% move Harmony ONEOne appears to be consolidating on the 1hr as a cup & handle continuation pattern after a 121% move.
Could break down 10% from the bullish ascending triangle and consolidate into the handle.
Harmony One can potentially see much higher prices if we progress further into alt coin season.
If the short-term charts breakdown, as long we hold $0.02 - $0.024 as support, ONE would be in larger bull flag continuation pattern.
Cup And Handle
Enjoy long coffee with SalesforceFinally testing 266 it's now confirmed a complete cup and a handle. I would consider 263 as the handle's actual breakpoint, hence - now getting a cup of Cappuccino to see you at 393 - 399 (given depth of the cup :)))))). Even though there is a possible pullback on earnings day, long term patience pays off!
PS: I bought the dip earlier this summer at 218 as it was way oversold, and I looked fwd to the pattern to complete.
Avalanche is Lurking Hello people I hope you Doing well
This is my personal opinion and analysis. In all markets, anything can happen. So before making any decision, please consider risk management, capital management, and emotion management in your trading.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals!
This Diamond is Lurking to Move or something? Let me tell you some of my technically ideas to have nice Pump:
CUP AND HANDLE PATTERN
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks
This one is just with angle but i think you can see the pattern
VOLUME
As you see i drawl the flash for Volume too.this decrease in liquidity and volume is just for miners and Whales not the other traders!i bet the whales will back for this Diamond!we will see the rising volume for avax
And we have some good news for this lovely sleeping crypto Ghoul and The crypto scene in 2024 is electric. Avalanche is breaking barriers with its Avalanche 9000 upgrade, Filecoin is strengthening its grip as the backbone of decentralised storage, and Qubetics ($TICS) is rewriting the blockchain playbook with its revolutionary tools. These three projects represent some of the most promising opportunities for anyone eyeing the best new crypto to buy this year.
Btw thx for reading my Words and thx for your time:)
Good luck
Long-term Cup & Handle PatternA long-term cup & handle pattern has formed in Nintendo (I have been buying during the "handle" formation). It's not a perfect setup as the top of the "handle" is higher than the high near the end of 2007, although that's in the chart adjusted for dividends. It looks a lot more clear on the chart that's not adjusted for dividends (I will post an update with that). Additionally, the "cup" formation is pretty deep, which likely limits upside from here. Therefore, I think a 50% rise is possible if it can decisively break out above $16 on a monthly closing basis. (This would be a price target in the mid-$20 range; more may be possible, and would be welcomed, but at some point I would have a stop loss in mind and hopefully it would continue to run for a while. I will update this idea if/when that happens.)
EURJPY: Time for Pullback 🇪🇺🇯🇵
EURJPY looks too oversold after the yesterday's bearish movement.
Testing a key daily horizontal support, we see a clear intraday
bullish reversal.
The price formed a cup & handle pattern on an hourly time frame
and successfully violated its neckline.
We can anticipate a pullback at least to 157.9
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LTCN giant Cup & Handle, possible 1,000+% upsideGiant cup and handle formed on the 3d, appears to be breaking out of the handle.
Could see enormous upside with altseason.
The 3d 200SMA is forming a support triangle and the 3d 200 EMA is forming a resistance triangle, kinda like a bull pennant.
Could see 555% upside from the breakout, higher targets are 2,700% and is 3,200%
Russell 2000 Small Caps (IWM) Breakout cup and handle on RUTRussell 2000 Small Caps TVC:RUT and AMEX:IWM on the Cusp of a Breakout?
The Russell 2000 small-cap index, tracked by the iShares Russell 2000 ETF (IWM), is forming a cup and handle pattern. This technical formation could be indicative of a significant breakout.
Key Levels to Watch:
Resistance: $230-$232
Support: $220-$222
A decisive close above $234 confirmed the breakout, potentially leading to further upside. Conversely, a failure to hold above $220 could negate the pattern.
Keep a close eye on IWM as it navigates this critical juncture.
Cup and Handle Formation Determined by Fib Ext. LevelsICP is currenty trading the handle portion of a cup and handle formation which has significance through the use of fib levels. The formation we are currently seeing seems to be a valid cup and handle formation as the handle is, at most, half the height of the cup, and consolidation of the bottom of the cup. Typically, the height of the cup is proportional to the size of the breakout from the top of the cup and handle.
As we can see with the Fibonacci levels, from the bottom of the handle to the top of the formation, we reach the inverse-golden ratio level, 0.68. Alongside this, we see that the assumed breakout height reaches near past the golden ratio level, 1.618. This level in particular, depending on the amount of buying pressure during the breakout, we may see the 1.618 turn into an extremely rigid level of resistance, if not support.
Keep in mind, there may be a retest of the top of the formation from the 1.0 or 0.786 levels, the result of which would further determine the strength and direction of price action.
Obligatory this-is-not-financial-advice.
-Mister E.
Does $Now have further upside, or is it nearing a potential top?To project targets, I am using the following methods:
Cup and Handle Pattern
If we consider the price range of $709.02 - $338.24 as forming a cup and handle pattern, the price movement represents approximately a 52% increase.
Projecting this on the upside sets a target of around $1078.79, which was achieved last week.
A weekly close above $1122.44 will signal a potential next target at $1316.16, derived from the 2.61% Fibonacci extension applied to the range of $709.02 - $338.24.
Fibonacci Extensions
Using Fibonacci extensions on the same price range, the 2.61% target aligns with $1316.16 as the next significant resistance level.
Key Levels:
Support: The uptrend remains intact as long as $906 holds.
Downside Risk: If $906 is breached, the next downside target is $709.02.
Bitcoin Cup and Handle Update Targeting $121,541 Before 2024 EndI recently shared a cup-and-handle pattern on a different exchange back on November 16th. Here's the updated version for Bitcoin it has already broken out and is now finding support around $96,500. This is on the weekly chart, and so far, it’s playing out well. The target for Bitcoin is $121,541.00. Wishing everyone good luck in reaching the 100K mark before 2024 ends! Drop a comment below if you think we’ll break 100K before the year is over.
ADAUSDT is about to increase further more !!As you can see, the price has been able to pass the cup and handle resistance, but this does not mean that the resistance is broken. We need to wait until this weekly candle closes for the breakout to be confirmed. If we measure the AB range, which is 48 cents, and if the breakout is confirmed, we can say that the price will easily grow 48 cents equal to CD.
PREVIOUS ANALYSIS
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Potential Cup and Handle Pattern on PTLO (Portillo's Inc.)Potential Cup and Handle Pattern on NASDAQ:PTLO ( Portillo's Inc. )
I've been analyzing the chart of PTLO (Portillo's Inc.) and I may have identified a cup and handle pattern. Using the latest data available up to November 29, 2024, here's my analysis:
Chart Analysis:
The cup and handle pattern is a bullish reversal pattern that can indicate a potential upside move. Here are the key points I've observed on the PTLO chart:
The cup: The stock price has been forming a rounded bottom, or "cup," since Nov 15th. This is a sign of a potential reversal.
The handle: The stock price has been consolidating in a smaller range, forming a "handle" since Nov 25th This is a sign of a potential breakout.
Stock closed above the 20 day and is approaching the 200 day sma
While this analysis is promising, it's essential to remember that technical analysis is not a foolproof method. It's crucial to combine this analysis with fundamental analysis and other forms of research before making any investment decisions.
Next Steps:
I'll be keeping a close eye on PTLO's stock price and will provide updates if new developments arise. Targeting $12.50.
Disclaimer:
This post is for informational purposes only and should not be considered as investment advice. Always do your own research and consult with a financial advisor before making any investment decisions.
GBPNZD, Cup and Handle FormationCup and Handle Formation
After cup completion, handle in progress
Currently trading in Rectangular channel
Bullish Divergence appeared
Weekly resistance is to break for new highs
Buy with Buystop on break of rectangle and weekly Resistance
Target Towards neckline on Cup and Handle
Stoploss below rectangular channel
BTCUSD - Cup&Handle - For BullishBTC is currently forming a cup and handle pattern on the weekly timeframe. If the price breaks above $73,800, it could potentially rise to $130,000 during its bullish cycle.
Additionally, a bullish flag pattern suggests a price move up to $122,000, further supporting the potential for significant gains.
Based on time cycles, BTC has yet to begin its post-halving bull run, adding further weight to the anticipated upward move.
Note :
This is not trading advice—it's for educational purposes only. Please conduct your own research before making any trading decisions.
Here is a possible trading scenario for DEGEN, of course DYOR !If you take the trade please don t forget to dyor and take profit, here the two levels of TP are :
- Neck line of the pattern 0,025
- End of the coffee smoke around 0,047
As you can see Fibo levels match with the pattern, let's see...
It's only a scenario please do not take it seriously as it's a very risky market.
Peace !