Cup And Handle
SNX: Keep an Eye on Breakout Levels๐๐Paradisers, #SNX has recently displayed CHoCH and BOS, indicating a bullish market structure, and formed a cup and handle pattern, suggesting a potential bullish reversal.
๐If #SNXUSDT manages to break above the resistant level, it could signify further upward movement, with potential targets towards the next swing resistant levels.
๐In the event of a pullback, we can anticipate a bounce from the bullish OB, especially if accompanied by bullish candlestick patterns in this area.
๐However, i
Bitcoin forming a Cup and Handle pattern?
Bitcoin is currently trading around $66000, up about 3% in 24 hour time frame. But since it dipped around 17% from it's all time high, the SOPR ratio suggests the profit booking is not yet over. BTC is still showing bearish accumulation. Predicting its path to a new all-time high is challenging, But when we surf through the weekly time frame, there's potential for a 'cup and handle' pattern to form, indicating a correction to $51,500 (probably a post halving dip) before a surge to $100,000. An
GNFCCurrently from CUP & HANDLE Pattern . it will possible chance to price will move upside form after breaking of trendline.
targets will be Resistances are marked as red horizontal lines.
previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
INDIAGLYCOHi,
Price taking support on trendline. Price making swing higher highs. it will possible chance to price will move upside form current support zone .price cross 200 EMA and now taking support 200 EMA
targets will be Resistances are marked as red horizontal lines.
previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We a
๐ Exciting times for $SUI! ๐ Cup & Handle pattern spotted๐ SUI has formed a Cup & Handle pattern with a bullish market structure, enhancing the likelihood of a bullish continuation.
๐ If SUIUSDT successfully breaks above the resistance level, it would validate the pattern and signal potential targets towards subsequent resistance levels.
๐ In the event of a pullback, a bounce from the bullish Order Block (OB) is anticipated, especially considering the presence of a supportive trendline, which could further bolster the rebound.
๐ However, a breakdow
TV18 - Ready for Cup & Handle BreakoutTV18 is trying to get over from over a year of consolidation.
TV18 has gained good volume in recent time and recent days.
While sitting right at the cup & handle resistance it is preparing for breakout.
However because it has already broken the pattern once in intraday and could not sustain, despite of strong volume, care needs to be taken while making a trade. A good buy level will be above 53.50, a little above the breakout level of 51.75.
CMP - 50.40
Breakout level - 51.75
Buy above 5
TLong
Pfizer - Cup & Handle breakout madePfizer has been consolidating for a couple of years and has now finally given a breakout with Cup & Handle pattern.
Cup & handle pattern is a highly trusted pattern for its bullishness.
Not to mention Pfizer is a strong company and should be part of everyone's portfolio.
CMP: 4240
Breakout level: 4150
SL 3980
Target: 4600 / 4780
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do yo
Cup and Handle + W Pattern Formation! ๐ Get Ready for Potential๐ MINA has formed a cup and handle pattern, along with a W pattern on the demand level, which enhances the likelihood of a bullish move.
๐If MINAUSDT breaks above the resistance area, we can anticipate targets up to the next resistance level. In the event of a pullback, we can expect a bounce from the demand level.
๐However, if the price breaks down below the demand area, it would suggest a bearish structure. In such a scenario, it would be prudent to wait for better price action before making















