Band forming a nice cup and handle pattern, beautiful rounding bottom, nice little handle.
Looks just like my cup of coffee.
Why is this significant?
Well, it occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. ... A continuation pattern occurs during an uptrend; the price is rising, forms a cup and handle, and then continues rising.
Sit back, relax, and HODL.
Hard to believe it's 151st in the coin market cap rankings, no?
What do you think? Comment below.
Looks just like my cup of coffee.
Why is this significant?
Well, it occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. ... A continuation pattern occurs during an uptrend; the price is rising, forms a cup and handle, and then continues rising.
Sit back, relax, and HODL.
Hard to believe it's 151st in the coin market cap rankings, no?
What do you think? Comment below.
Finance_Goku
