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Cupnhandle

[C&H] TRON is creating base for move up higherKRAKEN:TRXUSD seem to have broken out of a cup and handle pattern and in process of retest/consolidation. It might retest the breakout zone around 0.143 before a move up higher. Note that all time highest close (higher green line) would likely act as resistance but if we manage to break past it then we should see 0.41 levels as per the height of C&H pattern. From Elliott wave perspective though, it looks much more bullish with a potential target of 1.12 in medium term. Will share the counts in a separate post.
KRAKEN:TRXUSDLong
by YetAnotherTA
3
LCRX RETURNS TO THE SEEN OF THE CRIMENASDAQ:LRCX returning to the seen of the CRIME! ☕️ LCRX is retesting the Cup N Handle BREAKOUT FROM 2023! 🤯 LRCX has already tested and bounced off of its Cup n Handle breakout from 2023 twice and is forming the right shoulder of a shorter-term inverse H&S pattern! Will it bounce again?! Drop a comment below. The risk/reward ratio on this one is crazy good, IMO! It's going to take something drastic for that CupnHandle breakout support to bust! My Short Term PT for this chart is: 🎯$80 My Long Term PT for this chart is: 🎯$107 Not financial advice! 🖖
NASDAQ:LRCXLong
by RonnieV29
10
HBAR looks to be forming a nice Cup & Handle pattern!HBAR has been on an absolute tear as of late, but it appears that the momentum is slowing. If it does, it is likely to pull back deeper into the wedge pattern and is also likely to form a 'handle' pattern to accompany the cup it has now formed. This would be a great opportunity to short as the handle forms and go long once it has bottomed and the price action breaks out, finishing the pattern. Good luck, and always use a stop loss!
BINANCE:HBARUSD
by MetaShackle
3
SILVER | THE BIGGEST CUP & HANDLE OF ALL TIME!Apple’s Cup and Handle pattern in the early 2000s is often cited as one of the most significant. After a prolonged downtrend, Apple formed a large cup with a handle from 2000 to 2005, which, after breaking out, has continued to appreciate to this very day. However, Apple's pattern is nothing compared to the current Cup & Handle pattern that exists in silver, whether in size or price. I truly believe that silver is currently the most undervalued asset and will not only attain higher prices than most can imagine but will also rapidly begin to appreciate against gold, which currently has a ratio of 83.75 to 1. This ratio is irrational and unsustainable, as gold and silver are typically mined at a ratio of around 10 to 1. Even current U.S. Treasury Mint coins—Silver Eagles and Gold Eagles—have a current exchange rate of 50 to 1 at face value. Historically, under the gold standard and the Coinage Act of 1834, the ratio was set at 16 to 1. Although this will not happen overnight and could take a decade or more to come to fruition, the unnatural and irrationally low price of silver is coming to an end. The overinflated gold-to-silver ratio will continue to fall as price manipulation ends and true price discovery begins.
Editors' picks
TVC:SILVERLong
by MetaShackle
31
HBAR is forming a MASSIVE 31 MONTH Cup & Handle!For the past 31 months, HBAR has been forming a massive Cup & Handle formation on the daily and weekly charts. The Fibonacci retracement levels indicate that we could see a 6x move in the next 8 to 12 months. There are quite a few cryptocurrencies displaying Cup & Handle patterns on longer-term timeframes, which is a very positive sign that we are about to see a market-wide bull run during that period. Good luck, and always use a stop loss!
BINANCE:HBARUSDLong
by MetaShackle
VELO is readying itself for a SPECTACULAR MOVE!VELO looks to be setting up for what could be a spectacular move! I believe that VELO will appreciate much more in the medium and long term than what is shown on this chart, but this chart is just to visualize a small portion of what I think will come in the future. As a day trader, I'm always looking for these types of setups, but it will be the long-term physical coin holders who will by far do the best! Good luck, and always use a stop loss!
CRYPTOCOM:VELOUSDLong
by MetaShackle
XLM is exhibiting an extremely rare CUP WITHIN A CUP PATTERN!XLM has recently had an incredible run, breaking out of the current Cup & Handle pattern that I identified and showed to my followers. XLM has always closely followed XRP, but in the past few days, it has sharply broken away and has been charting its own course. Now, I’ve identified a CUP WITHIN A CUP pattern that is EXTREMELY RARE! These two patterns are working together to create a move that could make both investors and traders very, very happy in the coming weeks. Don’t copy my trades; become a trailblazer, not a follower! Good luck, and enjoy making a ton of money!
COINBASE:XLMUSDLong
by MetaShackle
2
2 to 5 Risk vs. Reward XRP "ALL OR NOTHING" CUP & HANDLE TRADEXRP has formed a textbook cup-and-handle pattern on the hourly chart. It's currently working on forming the handle. I've placed what is known as a 'suicide' trade, meaning that if it fails, you lose everything you risked, but if it succeeds, you can make a fantastic profit. I would generally never make a trade like this, as they are too risky. However, with the cup-and-handle formation identified, these moves tend to be a bit more predictable. Since I’ve gained over $1,700 in the past three trading days, I’m willing to take a little risk here. Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer! Good luck!
BITSTAMP:XRPUSDLong
by MetaShackle