Cuphandle
WAVES CUP HANDLE + DOUBLE BOTTOM FORMATION First rectangle double bottom formation target
Second rectangle cup handle formation target
NULSETH LONG Opportunity ApproachingWatching NULSETH to come off to the 3800 Satoshi level following an inverse-cup-and-handle. BUY around the 3800 with exit 5600-5700. Watch RSI for over-extension of the market sale for buy timing.
NULSETH LONG Opportunity ApproachingWatching NULSETH to come off to the 3800 Satoshi level following an inverse-cup-and-handle. BUY around the 3800 with exit 5600-5700. Watch RSI for over-extension of the market sale for buy timing.
Cup and Handle on $NAV
Cupped formed between last september and mid january
Currently in Handle
Will continue down mini-bear-channel until about 0.618 Fib , then bounce up to finish handle
Distribution weakening/accumulation getting stronger
Support also at 1 fib, if we dump past 1 fib, be concerned
200 ema holding on 4H, watch for price to go below
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DCT/BTCNot financial advice Just Idea
Should follow cup-handle pattern. Stochastic RSI curving up and moving averages showing up trend.
DCT/BTCNot financial advice Just Idea
Should follow cup-handle pattern. Stochastic RSI curving up and moving averages showing up trend.
Legends Room(LGD) Bullish after completing C&H. Target-29.8k satLGD completed its handle in the previous candle on a 1D chart, Making it bullish
now the previous resistance is what we looking for it to break.
Short Term target - 29,850 satoshi
GBP/USD Cup & HandleIf you are Risk Adverse, can start Long Pos. once support line broken. Otherwise just enter Pos. from now
TP: 1.4x or RSI reaching 70-77
Trade Duration: 7-20 Days
SL1: Closed Candle break below 13EMA
SL2: Closed Candle break below 48EMA, or Reduce exposure
Conviction: 7/10
Discipline: 9/10
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Ganesh Housing - Meduim-Term; CBSL 123, Targets 170-180-190 Ganesh Housing Corporation Ltd
NSE Symbol: GANESHHOUC
CMP: 150.8, P/e: 10.05, P/Bv - 0.49, Mcap/sales: 1.02, Div. Yld: 1.38%, D/Eq: 0.90
One can look for buying opportunity in Ganesh Housing, with the Closing basis SL of 123 for the targets of 170-180-190
Key Technicals
* Good volumes
* Cup and Handle Break out
* Trend line break out
Key Fundamentals
* Fundamentally Good stock
* Valuation wise - Under valued compared to peers
* Financially Strong
ETC 4HR chart, bearish triangle, inverse cup/handleThere are two ways to look at this chart from what I see. One, there is a double bottom, which also happens to form the bearish triangle. If there was massive volume displayed by the RSI, I would think this could be a reversal signal. But there isn't. Price didn't bounce with much bullish invigoration.
The second pattern I see, is an inverse cup and handle forming at the end of a long bearish triangle. The market has been going steadily down for some time now, maintaining the resistance level at $13.00. However, the market will test this level. We should see a slight up, which will form our handle.
If this pattern plays out, two things will happen. The bearish triangle will breakout at a downward trend, and the volume behind it will be considerable. The price should move down to $11.00, as the depth of the cup will be the blueprint we can use to find our next level down.
If we draw a fibonacci retracement for the entire upward movement on the daily charts, we will see that 11.8 is an important fibonacci resistance level, which is the 50%. But if this breaks, it will continue to 61.8% (longer term, now that I'm on daily charts) which roughly correlates to $9.50. Fibonacci resistance shown in chart below.
However, there is still a chance for a reversal pattern at bottom channel currently. Just keep an eye on volume and if the chart breaks downwards, we can start setting our targets.