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Cup And Handle

BNBUSDT's Cup & Handle: Ready for a Bullish Surge?💎 Paradisers, #BNBUSDT has formed a cup and handle pattern, increasing the likelihood of a bullish move. 💎 If #BNB closes a candle above the resistance zone, it will validate the pattern, and we can then expect a bullish move. 💎 In the case of a pullback, we can anticipate a bounce from the demand level, but we need an Internal Change of Character (I-CHoCH) towards the bullish market structure for confirmation. 💎 However, if there is a breakdown and a candle closes below the demand level, it will invalidate our entire bullish idea. In that case, it would be better to disregard this setup and wait for more favorable price action to develop. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
PFC-A good ATH breakout of investment stock!PFC has given yet another ATH breakout as the bull run of this stock continues. A beautiful cup and handle flag consolidation is seen in the stock which can be reason to fuel more rally in this stock. Momentum traders can keep this stock in watchlist. 555-560 will be a strong supply zone for the stock. Easy 10% returns are visible here. Long term target of the stock is 1000+ and hence long term investors should continue holding this PSU stock. PSU Power sector will keep growing and so will PFC.
NSE:PFCLong
by chartistamey
AERO Price Alert: Cup and Handle Dynamics at Play!💎 Paradisers, #AEROUSDT has formed a cup and handle pattern, which increases the probability of a bullish move. 💎 If #AERO breaks the resistance area, we can expect a bullish move. This area might also coincide with the stop loss points of retail sellers, as inferred from the price action and where sellers are likely to have entered. This increases the likelihood that triggering these stop losses could further propel the price upward in the coming days. 💎 In the case of a pullback, we can expect a bounce from the demand level, though the probability of a bounce here is less than that of a bullish move following the breakout of resistance. 💎 However, if the price breaks below the demand level, it will invalidate our bullish outlook. In that case, it would be better to wait for more favorable price action to develop. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
Cup and handle breakout in auto sector stockAshok leyland has been consolidating in a cup and handle pattern since 2019 and is on the verge of a breakout. A weekly closing above 170 will confirm the breakout which will the stock to 200+ levels in short time. Stock is looking bullish and can be added on dips upto 155 with a SL of 144 DCB. Chart looks similar to Midhani which gave a sharp upmove after breakout Note:-Idea is shared for educational purposes and should not be considered as a recommendation.
NSE:ASHOKLEYLong
by chartistamey
4
🚀DASHUSDT Cup and Handle Alert: Ready for a Bullish Breakout?💎 Paradisers, #DASHUSDT has shown a Change of Character (CHoCH) and formed a cup and handle pattern, which enhances the probability of a bullish move. 💎 If #DASH closes a candle above the resistance zone, it will validate the cup and handle pattern, and then we can target the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the bullish Order Block (OB), but remember, we need to see bullish signs in lower timeframes for confirmation. 💎 However, if the price breaks below the bullish OB, it will invalidate our idea. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan