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Cup And Handle

GALA: Can We Expect a Major Bullish Reversal? 🌟💎 Paradisers, #GALAUSDT has broken out of the resistive trendline and formed a cup and handle pattern, which increases the likelihood of a reversal from here. 💎 If #GALA breaks above the resistance zone and closes a candle above it, this will validate the cup and handle pattern, and we can expect a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone. 💎 However, if there is a breakdown of the demand zone, it will invalidate the cup and handle pattern and the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
MUTHOOT FINANCE FORMING CUP AND HANDLEThe stock has been forming a beautiful cup and handle pattern on the daily time frame moroever since november 2021 It is a strong resistance at the 1710 levels which has been tested thrice as indicated by the green upmarks It has quite storng bullish momentum which can lead it to the 2500 in no time and quite reliable pattern The industry PE is around 21 and the stocks PE is 17 which shows favourable valuation also EV/EBIDTA RATIO is 12 which indicates more reliabilty , there has been increase in sales and profits on QOQ basis however on YOY basis it has seen a slight decline also the cashflows are negative which arises serious concern for the company overall the company is available at a decent valuation and with great pattern which can yield some serious returns
NSE:MUTHOOTFINLong
by keshavmaharaj958
🚀SOL Breakout: Potential Bullish Momentum Ahead!💎 Paradisers, #SOL has broken out of the resistive trendline and formed a cup and handle pattern, increasing the likelihood of a bullish move. 💎 If #SOLUSDT breaks above the resistance zone, it will validate the cup and handle pattern, and we can anticipate a bullish move. 💎 In the event of a pullback, we can expect a bounce from the demand zone, but be cautious in this area, as it could also lead to a sharp decline. 💎 However, if there is a breakdown below the demand zone, it will be considered an invalidation of the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
🚀 AI Breaks Out of Channel, Forms Bullish Cup and Handle!💎 Paradisers, #AI has broken out of the descending channel and formed a cup and handle pattern, which increases the likelihood of a bullish move. 💎 If #AIUSDT breaks above the resistance level, we can expect a bullish move up to the next resistance level. 💎 In the case of a pullback, we can anticipate a potential triple bottom pattern from the demand level, so be cautious here. It can provide a good risk-reward (RR) long setup from this point. 💎 However, in the case of a breakdown of the demand level, it will invalidate all the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan