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fortitude23
Mar 26, 2024 6:19 AM

The Cup & Handle Pattern of the $PROS weekly chart Long

PROS / TetherUSBinance

Description

The weekly chart of SET:PROS is a great example of cup and handle pattern:
- the shape is "U", not "V"
- the cup is not overly deep
- the handle is also not overly deep, it is in the top half of the cup
- the volume is decreasing in the handle

Target: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
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