Cup and Handle PatternRecorded the pattern for confirmation in future whether my assumption would correct.
Cupandhandlebreakout
$ZIL Zilliqa 3 Years ago....Imagine this: 3 years ago on 5/10/2018 investors bought (ZIL) at the previous all time high of 23.55 cents. On 3/9/2020 Zilliqa (ZIL) hit an all time low of .0021 cents! Zilliqa (ZIL) is currently in price discovery searching for a new all time high. This is not financial advice.
DASH/BTC Cup & Handle Breakout!About a month ago, I mentioned how DASH had broken out of a descending wedge for DASH/BTC that had been forming since around the beginning of 2020. Now it looks as though a cup and handle pattern has been forming since Valentine's Day 2021 (how lovely) with the handle formation completed (nicely outside of the wedge) and an additional retracement back to the point of the breakout now completing as well.
If the cup and handle pattern continues and does not break further below into the handle, there is a potential upside to near the length of the cup (dashed green line) based on the rules of the cup & handle pattern.
However, as no pattern is guaranteed, there is of course the possibility that the trend could head further below the breakout, but at least so far the pattern looks fairly consistent with the appearance of a cup and handle pattern with potential upward in my opinion based on a continuation of the aforementioned descending wedge breakout as well.
As always, this is solely my opinion and should not be taken as financial advice. But please like or comment if you agree or see anything differently.
WABI Cup and Handle - Over 200% potential profits Cup and Handle playing out with the handle now formed its a case of
waiting for the break of this channel and a break through the resistance for
a nice long with 80% targets .
Of course if you are less risk adverse and wish to enter now at your own peril then
I dont rule that out but have a clear Invalidation and SL .
BTC as im sure you know can destroy even the most set in stone setups with its volatility
so keeping your eyes on BTC activity is a must when trading ALTS .
Targets are laid out with the 1-1 extension at play as well as the measured move where I would be closing on the way up .
My only request is a Like and follow to support my analysis .
CRV-USDT(Cup and Handle Formation)With the Total Value Locked in DEX at record highs (~19.2 Bn), Curve has reserved its second spot in the list with ~$4.8 Bn locked in its protocol.
On a 4 Hour Time Frame, Curve has been forming a Cup and Handle pattern .
Key levels to watch out:-
As depicted in the chart, the resistance is placed at ~$3.3 , Breakout from the pattern may trigger the rally to the level of $4 .
The support to the lower side is placed at $2.9 .
Breakout of Cup and Handle formationThere was a breakout of cup and handle formation. Now it's correcting itself, so there a good opportunity to buy at this level or you can buy after a breakout of previous green candle. Since it has broke the Cup and handle formation with good volume there is a good probability that it will give a good return in coming future. Plus the fundamentals are very strong, accelerating quarterly eps, accelerating annual eps, sales are growing, so i recommend to buy at this level.
Possible C&H on XRPUSDT 1H chartThis is my prediction for XRP. The cup and handle is so far looking pretty good, so keep your eyes peeled for this one. I already missed the breakout leading up to this point so hope i get some gains from this. Not a financial advisor, beginner at this. Comment your thoughts on this below.
YBS Technical AnalysisLooking to breakout from Handle!!!
* same chart as Mclean. Both are having the same behaviour.
SXP - 5$ in the next big wave?Here's a quick look at SXP 4 hr. chart. The price action has been forming a bigger cup & handle, and in time of writing this post, the price is breaking out from the handle. Our first big obstacle will be to get through 3.8$. Keep an eye on this one.
One thing to note here is that the price has been falling as well as the volume - thats a bullish sign.
Follow me for daily trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
GRT The Graph Cup and Handle FormationCup and handle formation on GRT
Last time GRT broke out of a cup and handle formation it went parabolic.
Given the recent partnerships and the strength I see this playing out towards $5
SDGR is in full swing with Cup & HandleTarget price for SDGR cup and handle is $140. Good way to go from here. I've picked up a decent amount. Wish I could grab more but still waiting for AAPL cup and handle to run up.
Gold - mitdterm / longterm forcastGold is forming the handle to it's cup. Elliot Waves could indicate that ther could be a the finals bottom for the reversal to break out of the handle
OXY looks like a cup and handle formationLooks pretty solid but uptrend is somewhat iffy so I only picked up a small position. Target is $29. With XL pipeline shutdown thanks to biden, we could see oil prices spike so a run up in OXY makes sense.
CUP AND HANDLE patten Cup and handle formation
1 wait the formation of the handle
2 entry at the breaout of the neckline
Max target 53000$
Agressive stop loss below the handle
Conservative stop loss below the median red line of the pitchfork.
SXP Double Cup Pattern PredictionWith the ongoing situation of altseason, I have managed to catch that pennant and cup formations are the most succesful ones in the mid-term investment, right now we have BTC.D Dominance at %61 levels which can be considered as relatively high compared to the bull run in 2017. In case of BTC Dominance to hit 59 levels, Head and Shoulders will be activated with the minimum of 10 points of decrease. So in that case, I am expecting SXP to pump between 5-9$ channel. Well, this case is optimistic one with the rule of ceteris paribus, not a financial advice just for the means of education.
Palantir c-update 2.0Slowly finished the expected cup.
After the formation of the shape, if the exchange rate successfully erupts from it, an increase of the same volume as the height of the cup can be expected.
Bull on the springboard. (:
Good luck to everyone.
M - cup and handle patternCup and handle pattern on 1H chart.
We have a strong resistance lvl on 17.16$ so I think we will test it in few days.
It's will be 10% gain.
Cup and Handle (Bullish Breakout) with NIO on DailyBullish Pattern on NIO Daily Chart. Chart says it for my trading plan.
I hope you gained value out of this!
Cosmos ATOM 1D Cup & HandleCOINBASE:ATOMUSD
Exciting times for Atom fans with a potential huge run ahead after completing a near 6 month long cup and handle. $10.18 presents a small challenge but if momentum is swinging it will blow right through. The coin has a strong presence on Coinbase and other big CEX's with in-house staking offered, which will be particularly attractive to new entrants. I can't guess where this lands but I can say it has a smaller circulating supply than UNI and is half the price.
This is not investment advice and trading cryptocurrency is high risk.
XRP Potential Cup and Handle - 1:6 risk:reward hereSpeculating a potential cup and handle play on XRPUSD.
Handle is still forming at this time.
Entries:
1. Enter here for 1:6 risk:reward
2. Safer entry on the retest of breakout from the neckline (yellow)
Stop loss: $0.42 (below the low of handle)
Target 1 (conservative): $0.56
Target 2 (aggressive): $0.65
BTC Inverse Head and Shoulders 1:6 R:R 🚀BTC just broke out of what it seems to be an inverse head and shoulder pattern + a mini cup and handle in the right shoulder - bullish?!
We wanna see it close above the neckline on the 4H to make sure it's not a fake out.
Entries (green arrow)
1. fomo here (small position only)
2. safer entry (retest of neckline breakout): $38700
Target 1: $42k
Target 2: $48k
Stop loss:
buy and sit on your hands or < $37k
Have fun!
