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Cup And Handle

SNX: Keep an Eye on Breakout Levels🚀💎Paradisers, #SNX has recently displayed CHoCH and BOS, indicating a bullish market structure, and formed a cup and handle pattern, suggesting a potential bullish reversal. 💎If #SNXUSDT manages to break above the resistant level, it could signify further upward movement, with potential targets towards the next swing resistant levels. 💎In the event of a pullback, we can anticipate a bounce from the bullish OB, especially if accompanied by bullish candlestick patterns in this area. 💎However, if the price breaks down below this area, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish sentiment in the market.
by MyCryptoParadise_Nathan
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 Altseason can also happen during this time. Let us wait and see!
Long
by Mudrex
7
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 are not SEBI registered.
NSE:INDIAGLYCOLong
by RRC555
🚀 Exciting times for $SUI! 📈 Cup & Handle pattern spotted💎 SUI has formed a Cup & Handle pattern with a bullish market structure, enhancing the likelihood of a bullish continuation. 💎 If SUIUSDT successfully breaks above the resistance level, it would validate the pattern and signal potential targets towards subsequent resistance levels. 💎 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. 💎 However, a breakdown below the bullish OB would indicate a bearish sentiment and invalidate the pattern. In such a scenario, it's advisable to refrain from trading and wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
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 53.60 SL - 48 Target - 70
TLong
by anuragcoma15
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 your due diligence before making a trade.
NSE:PFIZERLong
by anuragcoma15
Cup and Handle + W Pattern Formation! 📈 Get Ready for Potential💎 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. 💎If 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. 💎However, 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 any decisions.
by MyCryptoParadise_Nathan
Get Ready for Lift-off with GMT! Bullish Cup & Handle Pattern💎 GMT is currently exhibiting a bullish market structure and has formed a cup & handle pattern, which increases the probability of a bullish move. 💎 If GMTUSDT breaks out above the resistant zone, we can anticipate targets until the next resistant levels. In the event of a pullback, we can expect a bounce from the bullish OB, but confirmation via bullish candlestick patterns is essential. 💎 However, if the bullish OB breaks down, it would be prudent to withhold action on GMT and wait for clearer price action to emerge.
by MyCryptoParadise_Nathan
🚀 MDT on the Rise! Cup and Handle Formation Detected 💎 MDT has recently formed a cup and handle pattern along with CHoCH and BOS, indicating a shift towards a bullish market structure and increasing the likelihood of a bullish move. 💎If the price of MDTUSDT breaks above the resistance level, it could signal a continuation of the upward trend, with potential targets extending to the next resistant levels. In the event of a pullback, it's advisable to wait for the price to exhibit a bullish candlestick pattern at either the bullish OB or the demand area before considering a bounce. 💎However, if both the bullish OB and the demand area are broken down, it would be prudent to wait for better price action to form. Given the overall bullish sentiment in the market, going against the trend could be risky, so it's essential to observe the market conditions carefully before making any decisions.
by MyCryptoParadise_Nathan