Cupandhandlepattern
$DSX breaking out of a ~8 month base! Can it go higher?* Steady up trend over the past two years
* Consolidated for about 8 months
* Formed a cup and handle pattern
* Now breaking out of the cup base
Technicals:
* Sector: Industrials - Marine Shipping
* Relative Strength vs. Sector: 20.4
* Relative Strength vs. SP500: 18.49
* U/D Ratio: 1.38
* Base Depth: 82.07%
* Distance from breakout buy point: 0.33%
* Volume 73.26% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just breaking out of its base
* If you're looking for a better entry you can look for one around the $5.77 area
* Given the macro situation of the world it does seem like shipping stocks will move higher in the near future
Deeper Network DPR Cup & Handle Deeper Network DPR Crypto is still trying to follow thru on a Cup & Handle pattern. Currently it is trying to close a 4hr candle above the first resistance line, then it will have to break thru the second resistance line at .039 cents. If it can get thru these two resistance lines then it should have no problem following thru on the pattern.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
Crypto Whale Information: See the Whale news on my channel for there wallet info, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation.
Polkadot Parachain for Deeper Chain – is not at the moment yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
SAND/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SAND/USDT TRADE setup. SAND looks good here.
SAND is breaking out from the cup and handle pattern in 1hr time frame. After the breakout retest is also done. Long some now and add more in the dip.
Entry range:- $1.34-$1.38
Target1:- $1.46
Target2:- $1.58
Target3:- $1.76
Target4:- $1.90
SL:- $1.28
Use low leverage (4x-6x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Deeper Network DPR Crypto Cup & HandleCup & Handle Pattern trying to break thru the first line of resistance now making its way up to .0466 now
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (DPR Polkadot Parachain)
Whale Information:
There are one or maybe more whales mining
Whale #1 - Location in the Caribbean Island of Saint Vincent and the Grenadines, equipment 48+ Genesis Gold Ter 8 Miners, estimated yearly mined crypto over 20 Million DPR, estimated income at a .10cent evaluation yearly over $2Million USA Dollars (Verified by the Deeper Network AMA) it’s assumed this is Deeper Network themselves or one of there associates (Unverified)
Whale #2 - Location (possible China unverified) Telegram Mod Ezel shared photos of a mining farm with Deeper Equipment in China.
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation.
Company Info:
Deeper Network Inc of Delaware USA (no office location there currently)
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents , supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of there servers where data is stored: Unverified, Programmers working from china, ect. , Government Jurisdiction over VPN data information unknown, Privacy info shows data is kept, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
Deeper Network DPR Cup&Handle Forming??Possible Cup & Handle Forming if it can get thru the resistance line above, waiting for a breakout above the cup.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
Crypto Whale Information: See the Whale news on my channel for there wallet info, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation.
Polkadot Parachain for Deeper Chain – is not at the moment yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
IP Routing Switch Port Specific
Macro H&S pattern for Gold?Or, is gold forming a cup and handle?
Noticeably there's a head and shoulders pattern breaking to the downside that coincided with a double top on a micro time frame.
Gold is currently trading below the 200DMA which is inherently bearish for the commodity. If gold bounces meaningfully with sustainable upward price movement off the 200DMA go long, if we see continued bearish momentum below the 200DMA go short to stay short.
Price target $800.00 USD in the next 5 years to decade.
Potential Cup & Handle In DemandGold - Potential Cup and Handle Forming in HTF Demand, momentum has broken but still no real BOS/confirmation for reversals, if current supply holds ill be looking for sells if demand holds i'll be looking for buys, waiting for confirmations.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Bitcoin Bull Run, the confimations you need.As governments go to war, and the long expected inflation boom in the US: CHINA will with high probability get a real-estate debt flash crisis.
This will affect financial markets deeply, but crypto will regain a bullish momentum.
Why do I think crypto will regain it?
More distrust in FIAT-currency.
Many countries will experience FOMO, which results in Bitcoin becoming legal tender in an increasingly manner.
Blockchain Developers are in high demand and a scarcity at first (sign one) whilst salaries and compensation increases, so does the amount of developers(sign 2) .
The wildest marketing campaign the world has ever seen.
Celebrities and influencers promote it everywhere.
Due to both hot and cold wars (NATO/Russia (+ China)) and hot(Ukraine/Russia), Sanctions can simply be bypassed through crypto/stablecoins.
And the list could go on, trust me.
These are important reasons as to why I am so bullish toward crypto in 2022. (I speculate that 2025 will be the year of most growth in the crypto market)
In addition, I have studied different timeframes and technical indicators to see if the future already is priced in the market\.
I must proclaim that my analysis is based on an expected bullish behavior in the financial markets,
and also NOT TO BE TAKEN AS FINANCIAL ADVISE
*0
GOLD: Possible cup and handleThe situation with Gold is complicated.
It looks like a cup and handle, which does not mean that you throw you money at it going long.
This is a very wild market.
Check it out.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Beyond Meat (BYND) In A Cup?Beyond Meat ( NASDAQ:BYND ) In A Cup?
No of course not! Beyond Meat ( NASDAQ:BYND with a cup on its chart? Yes!
BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend.
1. Cup on the daily timeframe
2. Bullish Divergence
On a non-technical note, Beyond Meat recently announced that they expanded their distribution to 8,000+ stores.
Perhaps BYND will give us a handle within the next few days. I look forward to watching this stock go above and "beyond" the downtrend its been in.
*This is not financial advice
Peace & Prosperity,
Al
Do You Enjoy Taking Flights On Jets?Do you enjoy taking flights on Jets?
Let's take a trip...together if you will.
Name and Ticker-U.S. Global Jets ETF AMEX:JETS
I've identified a cup and handle pattern on the jet. Perhaps, it will take off or maybe it won't. My prediction is that we will take this flight together.
Where is the confluence? Multiple touches on the 200MA (please see the daily chart ).
What locations (price targets) are possibilities on our itinerary? Minimum move of 1.87 above our handle (or runway if you're onboard this flight) and a maximum of 3.87 above the handle (3.87 includes the cup and handle sizes).
*Special note- Please be mindful that our "JETS" may be grounded if we break below the handle or channel.
Peace & Prosperity,
Al