You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...
Ethereum’s native asset, Ether (ETH), may rebound by nearly 60% in the coming sessions as bulls pin their hopes on a classic bullish continuation pattern. Prices may rise to or above $6,500 from their ...
Technical traders make their living on the recognition of specific stock chart patterns. The more prominent and pronounced the pattern, the easier it is to recognize during formation. Few are as ...
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Spotting A Breakout? SEBI RA Rohit Mehta Breaks Down the Cup & Handle Pattern On Nifty Charts
A well-known bullish price pattern is drawing fresh interest on technical charts. SEBI-registered analyst Rohit Mehta explained the Cup and Handle setup, calling it a classic breakout formation that ...
Mega-cap Alphabet (GOOGL) is one of the top performers in the S & P 500 Monday, hitting a new all-time high as the rest of the market struggles. This strength is meaningful on the chart because it ...
ADA’s daily close above the $2.30 resistance and a classic bullish technical analysis pattern signal that the altcoin is ready to hit a new all-time high. Smart contracts have been a revolutionary ...
ZEC trades above both 50-hour and 200-hour EMAs, aligning short- and long-term bullish momentum. The cup-and-handle formation suggests potential for a 45% move toward the $400 level if confirmed above ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Silver, both in futures and spot markets, has now officially broken above the critical $50 level, which marks the completion of a six-decade-old cup and handle chart pattern. The SSPI is rallying ...
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