DX1! Weekly Technical AnalysisDX1! Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Confluence, Cluster, Fibonacci, Pitchfork , Cup and Handle - Hope it Helps, Good Luck
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Handle
OCEAN LONG (15min) Trend = Cup + HandleVIsual ENTRY / SL / Top TP provided on chart
numbers of $$$ check on the RIGHT SIDE of the graph
SOLUSDT/Cup with handle ideaHello Traders. Cup with Handle pattern is a well-known technical analysis pattern that can be used to identify potential buying opportunities. If you are considering this pattern, you might be looking for a potential target price of $84.
Of course, to play out, Bitcoin must correspond.
Bitcoin Potential Cup and Handle PatternCurrently shows cup pattern with the potential to form handle, once the handle pattern breaks upside could result in bullish uptrend.
The drawings are just to get an idea, as the price may not match 100% to it.
If you have any suggestions feel free to write in the comments below.
Thank you
#1INCH : Looking for a mid term profitable run.As many of as know $1Inch is one of the crypto projects which didn't show a real pump while many of the crypto space showed a good momentum by the new year. Technically speaking with a pumping RSI movement, a good volume momentum, a cup and handle pattern formation which basically is a bullish one, Super Guppy showing a reversal favor for bulls. If it can keep above the current resistance level both in the mid term and longer term fib levels this is going to work out really well.
Current Price : $0.52
Distribution Areas :
Target 1 : $0.68
Target 2 : $0.90
Target 3 : 13X to 15X minimum for long term hodl.
Disclaimer: The opinion expressed here is not an investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of #AbaNefsoBulls and its subsidiary community #CTE rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
With Regards.
Nathnael B.
Are rabbits the new dogs ? LTRBT/USDThis has had a good week, and this being the year of the rabbit its got good meme potential right now. i think its possible we get some kind of cup and handle pattern forming at the previous high and then a big move up, its been around a while , i think it started out as spunk bunny or something and pumped on an Elon Musk tweet, since then theres been a migration and this is the first decent move its made since then, worth keeping an eye on and maybe try to snag a small bag if it makes a cup handle . really you'd want to see the handle stay in the top third of the cup
GOOG: Inverted Cup with Handle Google is playing out an inverted cup and handle with a conservative price target of $73-76. The price target should be lower, around $71.50, but I shaved a little off because there is some old support from the Jul-Oct 2020 period that should buoy the price, at least for a bit.
The daily EMA ribbon flipped bearish in April and since then a precipitous 38% downslide has ensued, the most recent retest of the daily EMA on Oct 24th yielded another crushing rejection. Price should be ready to run again to the downside as it recently slipped through a support/resistance line unrelated to the pattern around $89.40 and has since completed a pullback and been rejected.
XLM in Coming DaysXLM is in a Cup & Handle Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement ( AB=CD ) That means the Price will Reach around 0.1600$ Note: that we should wait for a break out to happen.
-XLM is in a Cup & Handle
-No break out
-( AB=CD )
-0.16$ is the Target
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Thank you for seeing idea .
Have a nice day and Good luck
Handling losses like a pro!Hey traders,
Ever wondered how some of the professional traders can lose tens of thousands of dollars and still not be phased? Well, today I am going to chat about how and why they have the ability to remain consistent and trust the process, and how you can do the same.
Enjoy!
Cup handle and major resistance breakout with rsi support Carborundum was give a very good breakout of major resistance and cup handle pattern which give a very bullish signals buy it . Today it close above 920 but tomorrow market open with gap down which give us opportunity soo buy it .
Buy carborundum at 884-918
Target 962 1012 1034
Sl 808
650 for the longterm players
Long term Target 1200 1500 1800
$AMLX, following the Bio TechsThe health care industry is being leading the charge, NASDAQ:AMLX is the proof of that. This recent IPO just broke out of a good looking cup & handle pattern. Also, IBD is giving a 99 relative strength rating.
So, I enter today with a small position. A "pilot position", as Mark Minervini would say. The market is still under pressure so I'm testing it.
As this stock is a highly volatile I'll play for a 3:1 risk/reward.
NATTY to 13.600?A cup and handle formation has emerged in a great fashion.
The target of 13.600 was chosen as the distance between the top of the cup to the bottom.
Feel quite crazy setting a target of 13.600 for $NATGAS, but I'm also advising what the chart is telling me based on technicals.
But considering the current climate, from inflation, poor energy plans, Russia etc it doesn't seem too far fetched.
Massive Cup & Handle on $GOLDThis can be best viewed on the weekly. It is currently retracing down building a mini handle, if this breaks to the upside the measured height of this cup would be a large percentage profit target. $dxy looks topped out and bearish along with the stock market and crypto currencies. Could gold make a comeback and outshine the rest of the market? The possibility is definitely still on the table.