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CAKE/USDT: Classic Cup and Handle Pattern in Play 🚀Technical Setup:The CAKE/USDT pair is exhibiting a textbook cup and handle pattern on the 4H chart, signaling a potential bullish continuation. This formation has been developing over several weeks, showing strong accumulation and resistance retests, with increasing volume confirming the breakout.Key Observations:Cup Formation: The rounded bottom from the $1.82 support zone up to the $4.30 resistance indicates healthy accumulation and a steady recovery.Breakout Confirmation: Price has decisively broken above the $4.30 resistance with significant volume, indicating the start of the handle formation.Handle Target: The pullback (handle) could retest the $3.27-$3.50 zone before resuming the upward trend. This zone provides a solid entry for buyers.Follow me - x.com/kanandefi
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The XAI/USDT trading pair has formed a compelling double bottom pattern, presenting a clear buy signal for investors and traders alike. This classic chart pattern, known for indicating reversals after a downtrend, suggests that XAI/USDT could be on the cusp of a significant upward movement. As the pattern completes, with price levels confirming the second bottom, the potential for bullish momentum increases. Market participants are encouraged to watch for a breakout above the pattern's neckline as a confirmation of this bullish signal, keeping in mind the importance of risk management and further market analysis to inform their trading strategies.
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Bitcoin Bullish flag loading target 55k usd https://www.tradingview.com/x/jPio0wX7/
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My Raydium triple Top3 sell analise hitted the target 1.0493 https://www.tradingview.com/x/XYF7yj92/
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In BTC/USDT created strong buy pattern "Inverse Head and SHoulders". Next target 49000 usd
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.