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Cupandhandlepattern

Stellar Lumens - Looks good technical and fundemental - 2023!!This is not financial advise to go all in big, DCA and use risk management otherwise if you like go big on this investment Stellar Lumens is more than an investment hold to 2025 and more, you can trade it if you like On the fundamentals side Stellar Lumens has so much going for it. Too many turning a blind eye on this because it moves slowly Would not be surprised if intuitional investors buy up big in big volumes for 2023 Some links to do with Stellar Lumens for own research www.coindesk.com (IBM partnership with Stellar Lumens to issue stablecoins through World Wire) stellar.org (USDC stable coin running on the Stellar Network) stellar.org (Moneygram partnership with Stellar for remittance payments) satoshipay.medium.com (SatoshiPay partnership with Stellar for micropayments) stellar.org (Representing Blockchain on the Commodity Futures Trading Commission’s Global Market Advisory Committee) Stellar Lumens Coffee Cup pattern on the Weekly chart - see the handle of the coffee cup? Once break it on the weekly, it has to close above $0.175 US and than it can do 10x - believe it reach $1.75 US, instead of the $0.82 US last high. Now it can bottom out 1 more time till about April 23 around $0.0676 US, the last bottom on the weekly was $0.07 US and believe it has bottom out. You can wait or DCA now. I believe it's still a very good buy now, trying to work out the perfect bottom forget it. On Weekly Stellar Lumens can still be bearish around June 23rd however for that case it going up slowly till it breakouts If you confident about Stellar Lumens I would like this article post to have more research links for other bullish scenarios for the Stellar Network Could SWIFT payments be replaced on the Stellar Lumens network as the alternative faster and reliable form of payment transfers? Could Nasdaq exchange allow digital payments for trading on the Stellar Lumens network?
BINANCE:XLMUSDLong
by SmallWindow
Bitcoin Handle Forming Quicker than Expected. Will This Play OutTraders, My anticipated Cup and Handle pattern looks, indeed, to be forming. The question remains on whether it will play out or not? If bulls are able to break that neckline at $24,200 then, over the next few weeks to months, I do expect them to continue to pull Bitcoin towards that target of 33-35k. Seems hard to believe I know but this is what the technicals on the chart are showing. Watch closely and trade accordingly. I will begin to start trading regularly again should we break that handle neckline. Best, Stew
INDEX:BTCUSDLong
by stewdamus
DAX - ☕DAX - ☕ One of my most favourite patterns! Cup & Handle pattern - Inverse! I've back tested this pattern many times and it never has failed me with the correct amount of risk etc. What states on your plan, that's the greatest importance. Highs: 15420 Lows: 15280 A break above the highs this trade plan is no longer valid. A break below the lows I expect the continuation of bearish price action to continue and breaks below the trendline then we may go towards 200 EMA area. Have a great week ahead, Trade Journal Key tip: Ignore the noise
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by Trade_Journal
NVDA Analysis: Cup and Handle PatternNVDA: Update on Cup and Handle study originally shared on January 23, 2022. NVDA has since moved 17% since price of 188.35 at time of initial publish. Premise of directional continuation is a gap to a higher volume shelf if structure sustains at current levels; These values would revisit auction not seen since April 2022// KLS: 214.98, 219.76, 221.81, 228.29, 235.63; <214.98 could see 212.00, 209.72, 207.80, 205.38// Bias: Neutral to Risk On// Beta: 1.79, ATR: 9.40, RVOL: 1.33// Price at time of publish: 218.86
NASDAQ:NVDALong
by GroundNinja
6
FRGT - Bullish Cup and Handle PatternHello everyone, FRGT has been setting up quite nicely since a long time. Looking at the chart on 4HR timeframe, it has setup a Cup & Handle pattern. It even broke the cup resistance line at 0.5292 and closed the price above on the daily at 0.5599. This is a bullish indicator. Entries can be made based on how the next candle runs. If you'd like to enter now, I'd have a tight stop loss at around 0.47. Target levels are : Target 1: 0.6037 Target 2: 0.7062 Target 3: 0.8087 Target 4: 1.36 (being hopeful here.) Note: Scale out as it goes up. Stop-Loss: 0.47 Do your own research before trading. Please like if you agree or comment if you have any questions. Happy trading!
NASDAQ:FRGTLong
by MoneyChartz
Boston Scientific Fundamental Strength and Technical BreakoutBoston Scientific develops, manufactures, and markets medical devices. Q4 earnings were reported this week providing a clear picture of 2022 annual fundamentals. The fundamentals considered are presented on the chart with brief commentary. Technical considerations: Price bounced off of trend line going back to 2012 Ascending triangle breakout New ATH weekly close Positions: Entry: 100 shares @ $48.71 Target: $67.43 by July 2025 Stop: $44.19 (~20-week SMA, below 2023 low) R/R: 4.14 Reward: $1872 Risk: $452 Time Horizon: 12+ months Current price (weekly close): $48.50 Risk Analysis Chart: Main chart before distorted by publishing process:
NYSE:BSXLong
by Skipper86