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Cupandhandlepattern

WATCH $INCY CUP AND HANDLEBullish Fundamental - High inflationary Macro environment / still no fear form retail sentiment - Decent Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry - Fundamental sound company with a Cup and handle play / short term Technical - Momentum Theory Indicator - momentum broke out downtrend - Price action formation ( down channel ) - Broke Trend line and rejected - Above 200MA - Above POC - ST ok - Bullish Candlestick pattern follow through Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "You miss 100 of all the shots you don't take" Cheers and happy trading!
NASDAQ:INCYLong
by nexxtrade
BTC/USDT : Possible scenarios in every timeframesBINANCE:BTCUSDT BINANCE:BTCUSDTPERP FTX:BTCUSD BITFINEX:BTCUSD BYBIT:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD BITMEX:XBTUSD Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! Are you'll ready for a $BTC's analysis tour? Follow me in 3 Charts... In 15Minutes Time-Frame, $BTC has formed a bullish cup&handle and the neckline has been located on $19500 - $19600. - So if we get the closings above $19600, Then the breakout will be confirmed and bias could change into bullish, In terms of that; The market can climb to $19925. - Otherwise, If we get the rejection below the marked blue zone, Then It's very possible for us to locate our Short towards $18800, Once it gets the hold below $19300. --------------------------------------------------------------- In the bigger picture, We have another two possible scenarios, In continuation of our last scenarios! - As you can see, $BTC has broken below the last week's low and it's total bearish in the first view, But there'll be always a possible deviation on every break. So, If we get the closings above $20000, Then we can confirm the deviation and our second Long towards $22000 will be triggered... - Also, The bearish phase is still on, So if we get the closings below $18700, Then we can lay on our Shorts again and hold them till $16800. --------------------------------------------------------------- In our biggest picture today, We can see that the last two analyzes have a continuation relation together and this chart has the last relation with all of the two before! - Currently, $BTC is moving in a bearish pennant, and in terms of a break below, It'll fall again as much as the pole has marked. So, If we get the closings below $18600 or better to say $17600, Then we can confirm our possible dive to $15400. - But also, There can be a pullback scenario as $BTC's still moving into the pennant. So, If we get the closings above $23400, Then we can locate our Longs till $28550. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
BYBIT:BTCUSD.P
by Helical_Trades
11
$BOX seems to be recovering from its pullback?Notes: * Steady up trend * Great earnings track record * Forming a cup and handle like pattern on the monthly time frame for the past ~4years * Held up relatively really well while the tech sector was being destroyed * Currently bouncing off its 200 day line and now its 50 day line * Also forming an inverse H&S pattern and broke out of it * Bouncing off its 50 day line with higher than average volume and printed a pocket pivot * Historical resistance comes in around $29.79 Technicals: Sector: Technology - Software - Infrastructure Relative Strength vs. Sector: 1.74 Relative Strength vs. SP500: 1.72 U/D Ratio: 1.0 Base Depth: 45.87% Distance from breakout buy point: -17.22% Volume 3.69% above its 15 day avg. Trade Idea: * You can enter now as the price just bounced off of its 50 day line with higher than average volume and also printed a pocket pivot. * If you're looking for a better entry you can look for one around the $26.59 area * This stock usually has local tops when the price closes around 15.27% above its 50 EMA * Consider selling into strength if the price closes 15.07% to 15.47% (or higher) above its 50 EMA * The last closing price is 2.86% away from its 50 EMA
NYSE:BOXLong
by HaseebKhan_90
$EUR - UPDATED CHART (WHERE TO NEXT?)$EUR - UPDATED CHART (WHERE TO NEXT?) HAPPY FRIDAY! Soo...what a great week right one of my best weeks in ages great volatility for this summer as its understandable, now we do have NFP but I have ONE last remaining support for EURO to complete this inverse Cup & Handle Pattern. We could reach 0.99550 areas. Today is another new low but we do also have NFP. Any lower of those areas I expect yr 2000 - 2002 price areas to come into play - PARITY! Next week I will be looking at this pair very careful and I will be sharing in the various platforms I am part of. Also, be wise - Don't be picking bottoms.. Be careful trading out there, keep an eye on the key levels and take care! TJ
by Trade_Journal
Ape possbile targetsOn daily chart we see a cup-handle formation with a possible target of 6.9$ if it can break over 5.12 if it can't on lower time charts we see possible double top and H&S formation with targets of 4.92$ and 4.68$ If the market decides a bounce up we can say that ape wants to go over 6$. 6$ is an important resistance if ape breaks through 6$, journey to 10$ will ve easier than that of 3-6$ journey. But the big question is will market let it. Probably not.. If market chooses to test lowers ape's lower time chart formations will work and take it back to 4.9$-4.6$
by flymetothemoon2109
SPX ascending triangle & C&H breakoutI'm looking at 4h timeframe. If S&P succeeds in breaking out parallel channel, the neckline of Cup and Handle pattern and at the same time ascending triangle upper band/resistance/ more likely it will hit 4180-4200$ target as mentioned on the chart. Before reaching the mentioned target. I expect a small rejection at 1.61 fib level and retest of C & H neckline. This move/pump/ will be very bullish for BTC as they are highly correlated and it will give room to it. And simultaneously BTC will break the ascending triangle formed by a nice double bottom/Adam & EVA pattern/ with the target 24-25K published on my previous analysis. I even expect it to test the main trendline and horizontal resistance at 28-30K .
TVC:SPXLong
by ergal91
6
WOW RIGHT ONCE AGAINWe have been seeing crazy trading success lately! SPY and the general etf and index market alone have been showing some struggle all day long. Today just market a huge double top on every time frame under the daily. This is crazy! This is confirmed by an ascending wedge pattern that looks beautiful on the hourly and 30-minute chart. If this isn't a double top, then this is a cup and handle. Half the base to the handle is 8.25 up from the peak putting our estimates at 381.87 a previous support. GOOD LUCK BYE BYE MARKET>
AMEX:SPYShort
by haydencrann
GMTUSDT 1D CUP AND HANDLE FORMATIONHi If market gets a bounce gmt will be one of the first coin that will make good short time profit. There is a cup and handle formation on 1 day chart with a possible target of 1.4$ If retrace targets are 0.97 -0.94 and 0.84 and if hits 0.84 i think it will hold and a new bounce near to 1$ can be on the way For gmt short to mid term will be around 1$ but long term i think 2-3$ will be price consolidation area. These are just my amateur ideas. Don't take as a financial advice and do your own researcch please
Long
by flymetothemoon2109
9
$CI looking to break out of its ~14month cup and handle!Notes: * Very strong up trend on all time frames * Great earnings track record * Pays out dividends * Forming a cup and handle over the past ~14 months * Bouncing off of its 50 day line with very bullish price action and volume Technicals: Sector: Healthcare - Healthcare Plans Relative Strength vs. Sector: 2.7 Relative Strength vs. SP500: 1.65 U/D Ratio: 1.15 Base Depth: 43.95% Distance from breakout buy point: -2.77% Volume 2.78% above its 15 day avg. Trade Idea: * You can enter now as the price is just bouncing off of it 50 day line with volume * If you want a better entry you can look for one around the 262.8 area * This stock usually has local tops when the price closes around 9.64% above its 50 EMA * Consider selling into strength if the price closes 9.44% to 9.84% (or higher) above its 50 EMA * The last closing price is 3.14% away from its 50 EMA
NYSE:CILong
by HaseebKhan_90
SAND can give you a lot of Profit Right now!SAND is in a Cup and Handle Pattern which is Pretty Good Because This means the Price has a chance To increase Pretty Soon! This shows Us that Bulls Might be Coming Back ! You can see there has no Break out Occurred yet So we can not be So Sure about the Incoming Movement But It will Happen pretty soon. the expected movement is as much as the Length between the Top and the Bottom of the Cup (Measured price movement) and you know that the Price will be increasing as much as that Movement (AB=CD) if our prediction comes true, price will increase around 70% and will reach 2.21$ which is also a Decent Resistance.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below. -SAND is in a Cup and Handle Pattern. -No break out yet -AB=CD -2.21$ is a target and a Resistance _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
9
REQUEST NETWORK (REQUSDT) bottom and new volume 📖🚀Hello 🐋 Based on the chart after a long time, correction to the downside the price breaks the descending wedge and the green trend line to the upside and shape the cup and handle pattern if the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀 if the price breaks the range area to the upside, we will see more gain 📖🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
2
GME Summer (Daily Candles Analysis)This is my first attempt at making a future prediction using chart analysis. I would love opinions and feedback. I am not a professional, I have only been doing this for a year or so and I have no education in finance. I think you will see GME continue on its new uptrend through the summer with a huge breakout towards September/October. I think you may see it hit near $111 in the near future. If it fails to bounce off of the $110 range then I would expect it to drop back down to test its main level of support around $80. If it finishes the other half of the cup and handle, the I would think it would reach $250 before you see a retracement to begin the handle of the cup. GME looks strong and I am excited.
NYSE:GMELong
by Adventure_Joe
1