Cuphandle
VLXUSDT is testing the 4h resistance after the cup and handleThe price created a double bottom on the weekly structure on the 0.20$.
As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series.
on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from its neckline.
How to approach?
The price could have a breakout from the 4h resistance (0.2530$) or gets the liquidity from the previous resistance now new support. So, if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
ASAHIINDIA - Cup & Handle baseStock is showing strength as compared to broader markets.
Volume spikes on accumulation and dry up on distribution days.
Drfiting sideways aroung the pivot.
Pivot buy at 586
Tight SL at 555
Publishing for my own reference. Not an investment advise.
XLM Backtesting Handle of GIANT C&H?!XLM Has been building this potential cup and handle since the '17 top. Has Bitcoin topped and we are starting a new bear market without coins like $XLM $DASH $EOS $XRP etc not hitting previous ATH's?
In my opinion this could just be backtesting the handle (Last shakeout) before really something special here.
#NotFinancialAdvice
Long $URA CMP $28.47Long $URA CMP $28.47. Hot sector. Very high volume yesterday. May test trendline support from break out. MACD turned positive. Forming cup and handle pattern. Price support ~$23-24. Resistance ~$28-29. Target $35. Stop loss ~$23 area. Risk to reward 1:1
LUCID(LCID)What a beautiful CUP and HANDLE PATTERN for LCID...Consolidated for a long period of time and finally break out the zone!!!
TLM Can Breakout Anytime ( Cup & Handle Spotted)TLM is forming Cup and Handle Pattern and can Breakout anytime
BUY TLM above 0.2010 and put stoploss at 0.1700
Cup and Handle pattern - Altcoins indexCup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
How this works
The cup should resemble a bowl or rounding bottom. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case.
After the high forms on the right side of the cup, there is a pullback that forms the handle. The handle is the consolidation before breakout and can retrace up to 1/3 of the cup's advance, but usually not more.
The cup can be spread out from 1 to 6 months, occasionally longer. Ideally, the handle will form and complete over 1-4 weeks.
The buy point occurs when the stock breaks out or moves upward through the old point of resistance (right side of the cup). This breakout should occur with increased volume.
The price target following the breakout can be estimated by measuring the distance from the right top of the cup to the bottom of the cup and adding that number to the buy point. This should be used only as a guideline.
OXYUSD - cup&handleOXY is forming a cup&handle. There is also an resistance at 21 EMA, so it has shown the past.
Just an idea.
NKNUSDT CUP HANDLENKNUSDT is making a cup handle formation in the 4h frame time. The support and resistance lines are given in the graphic. The main resistance line of the formation is 0.89$. Once it is broken upwards and after a possible re-test, it is good to open a position or hop in. This is not a finance advice. DYOR.
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.
CAKEUSDTHello friends, if the resistance fails, the above goals can be considered
Your comment encourages me
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.
BTCUSD - Cup and handle patternLooks like we're getting a cup & handle pattern
Here is the targets i foresee.
What do you think ?
TRXUSDT cup and handle pattern in weekly chart
Cup and handle pattern shows potential bull run for trx coin
Awesome time to go LONGA Cup & Handle is going on, so according to the theory the handle should go up unless there is some external factors that effect the movement. Let's see!
REC - Cup breakout?REC
Cup and Handle in progress
Two possibilities
Buy when trendline of handle breaks out.
or
By above 100 day price of 117.4
So a buy around 118 can expect a move for 12 rs
Watch for Volume when 118 is broke.
Else i dont see much strength in move.
Cup and Handle Formation - SMART MONEY IDEAA cup and handle formation has been formed.
We are soon to see a breakout on the upside.
This trade also goes against the sentiment for GBP/JPY + GBP/USD, which means we are even more likely to see a break to the upside (trade alongside the big banks and usually against the majority)
Good luck guys!
