BTCUSDT: Why BITCOIN Remains Bullish and Its Next Potential MoveAs I mentioned last year, Bitcoin could return to its peak, and it has. Now, as you can see, Bitcoin is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, Bitcoin's price could reach $125,000 in the new year, which is not far-fetched, just like the AB=CD pattern.
previous Analysis
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Cupandhandlepattern
Called out $SOFI before it's epic move! Where is it going next? Posted about this massive trade setup on NASDAQ:SOFI over a week ago. Hopefully you got on this train. Now that we've had a parabolic move on this name lets go to the charts and see what's going on with the name and where it will go next.
Like ❤️ Follow🤳 Share 🔂
WE GOT A 5/5 TRADE SETUP ON $SOFI! Cup n Handle about to BUST! NASDAQ:SOFI
🖐️WE GOT A 5/5 TRADE SETUP ON SOFI
My trading strategy consists of 5 Indicators:
1.) A clear and clean Charting pattern setup.
✔️ For this chart that is a CUP N HANDLE pattern which is about to breakout.
2.) A Volume Gap to fill and strong buying area.
✔️ Volume gap up to $13.
3.) The MACD up trending. Crossing Zero line = Bullish ✔️ We have crossed the Zero line and up trending beyond it at this time.
4.) RSI rising and making higher lows.
✔️ Up trending and just crossed the Upper RSI band. Higher lows are being made on this chart.
5.) Weekly Stochastic Up Trend. Most bullish once it crosses up through lower band or bearish once it crosses down through upper band.
✔️ Clearly are up trending on this charts stochastic and just crossed upper stoch band.
Short🎯 $11.70
Long🎯 $15.83
Bonus: Bullish sentiment behind the name and lots of catalysts.
Hope you enjoyed!
Like ❤️ Follow 🤳 Share 🔂
Not financial advice.
ZKUSDT Bullish Cup and handle PatternZKUSDT technical analysis update
ZKUSDT price has formed a cup and handle pattern on the 4H chart and is currently forming the handle. Once the price breaks the cup and handle neckline, we can expect a strong bullish move.
Buy Level: after breakout confirmation 4H chart, above $0.155
Stop Loss: $0.140
Regards
Hexa
ONDO ANALYSIS📊 #ONDO Analysis
✅There is a formation of Descending Channel Pattern and Cup and Handle in daily chart with a breakout of Descending Channel 🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout of Cup and Handle.
👀Current Price: $0.81600
🚀 Target Price: $1.02090
⚡️What to do ?
👀Keep an eye on #ONDO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ONDO #Cryptocurrency #TechnicalAnalysis #DYOR
BTC Breakout Watch: Big Move ($80K) Incoming? Hey everyone!
If you're enjoying this analysis, don’t forget to give it a thumbs up and follow for more!
Bitcoin (BTC) is looking strong here. It’s forming a cup and handle pattern on the 6-hour time frame and also appears to be breaking out of a symmetrical triangle. Right now, BTC is retesting this breakout level, and if it holds and bounces, we could see a powerful upward movement in the coming weeks. 📈
Target: $80K 🚀
Stop Loss (SL): $61.7K
What do you think of BTC's current price action? Are you spotting this bullish setup too? Share your thoughts and analysis in the comments below! Let’s ride this wave together!
Bitcoin - Time to buy again!As I mentioned last year, Bitcoin could return to its peak, and it has. Now, as you can see, Bitcoin is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, Bitcoin's price could reach $125,000 in the new year, which is not far-fetched, just like the AB=CD pattern.
previous Analysis
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BARBEQUE - Multiple Indicators StrongNSE:BARBEQUE showing multiple strong indicators
- Trendline Breakout since November 2021
- Cup and Handle pattern formation since December 2023
- C&H Resistance ~680.5 breakout today (Daily)
- RSI 60+ on Daily & Weekly charts
- ADX 20+ with upward tick
- DI+ above DI- on Daily, Weekly and Monthly charts
The last bullish chance of SOLANA !!SOLUSDT is in the ascending phase by the cup and handle.
SOL is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOL Price Action and Potential Cup & Handle SetupIt’s becoming increasingly clear that SOL, much like BTC, is forming a cup and handle pattern. Once the trendline is decisively broken, this pattern should lead to higher highs, with the target being roughly the same distance as the height of the cup from bottom to top. If a breakout occurs, SOL’s target could be significantly impressive.
However, unlike BTC, SOL (and similarly XRP) often doesn’t follow the typical market movements and can act independently. While I’m not a huge fan of SOL due to its more isolated nature and weaker focus on macro trends, this is an undeniably strong technical setup.
If SOL does break through the trendline, I expect it to initially pierce above, only to retest and sit on that line. If the upward trend continues from there, the cup and handle will be fully in play.
I Cannot Short This !!! situation+next targets.Now, as you can see, AAVE is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, AAVE's price could reach $243 in the new year, which is not far-fetched, just like the AB=CD pattern.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NOTHING !!As I mentioned last year, Bitcoin could return to its peak, and it has. Now, as you can see, Bitcoin is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, Bitcoin's price could reach $125,000 in the new year, which is not far-fetched, just like the AB=CD pattern.
previous Analysis
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ELPI - CUP WITH HANDLEI bought the stock today
August 30, 2024
Reasons:
1. Low-risk entry point
2. Long base cup development
3. Formed a classic cup with a nice drifting handle
4. Newly IPO stock in late 2022
5. High relative strength
6. This is the second buy-able base since the IPO (first: vcp on 8/2/24)
7. More stocks start showing traction.
Flaws:
1. Not really in a confirmed stage 2 uptrend
2. No big volume on the breakout
I like to see if it can holds up and continue moving higher from here
BMRI - CUP WITH HANDLEI bought the stock today
September 11, 2024
Reasons:
1. Low-risk entry point
2. Long base cup development
3. Formed a classic cup with a nice drifting handle
4. VCP characteristics on the handle
5. One of the leaders in banking sector beside IDX:BRIS
6. We're in a general market bull campaign
7. More stocks start showing traction.
Flaws:
1. Currently outperformed by the market
2. No big volume on the breakout
I like to see if it can holds up and continue moving higher from here.
MRF Ltd. (NSE: MRF) – Technical Analysis UpdatePattern Formation: MRF Ltd. has been forming a cup-and-handle pattern over the past several months, indicating a bullish continuation. The stock has successfully tested the key Fibonacci retracement levels and is now moving towards potential breakout zones.
Cup-and-Handle Formation:
The rounded cup formed after the stock declined from its peak around ₹150,995 and found support near ₹115,601. The handle has now completed, as the stock consolidated within a falling wedge pattern, building strength for the next leg upwards.
Key Resistance Levels:
Immediate Resistance: ₹144,045 (4.26% upside) – This level aligns with the upper boundary of the wedge pattern. A breakout above this level would signal strength, confirming the end of the handle phase.
Major Target: ₹161,250 (16.54% upside) – This represents the projected target based on the full breakout of the cup-and-handle pattern, leading towards a possible rally to the previous all-time highs.
Support Levels:
Strong Support: ₹133,298 – This aligns with the 50% Fibonacci retracement level, where the stock has shown significant buying interest during previous dips.
Key Fibonacci Levels: 61.8% (₹133,475) and 38.2% (₹129,121) act as pivotal zones for any pullback in case of renewed selling pressure.
Volume Profile & RSI:
Volume Analysis: The recent volume spikes, especially during the approach to the wedge breakout, show accumulation, confirming investor confidence.
RSI: The Relative Strength Index is approaching the 60-70 range, suggesting a healthy bullish trend without overbought conditions.
Outlook: If MRF Ltd. breaks out of the ₹144,045 resistance level, it could see a swift move towards ₹161,250, a potential gain of 16.5% from current levels. Traders should look for strong volume confirmation during the breakout for additional momentum.
Risk Factors: If the stock fails to sustain above ₹133,298, there could be a deeper retracement to test lower Fibonacci levels, with downside risks towards ₹129,000-125,000.
possible cup and handle BOME/USDTwe see on the smaller timefram a possible cup and handle forming. the target is in confluense with a larget timeframe 0.5 . this is a possible setup i made for it. its still a 20% move to the upside. offcourse it could go much higher without a doubt. but this is a possible trade setup.
cheers!