Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
The cup and handle pattern was first identified by entrepreneur and stockbroker William J. O’Neil and explained in his 1988 book “How to Make Money in Stocks.” The bullish chart pattern is easy to ...
The cup and handle pattern predicts a bullish trend, indicating a potential buy opportunity. Look for a U-shaped cup and a shallow handle to identify ideal cup and handle patterns. Confirm the pattern ...
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 ...
XRP on-chain data highlights distribution activity among whales, which may weigh down the altcoin’s price in the short term. XRP (XRP) price has plunged more than 35% since reaching a multi-year high ...
Bitcoin’s (BTC) surge to a record $112,000 sparked renewed hopes for a $150,000 target by year-end, but its swift correction below $105,000 is testing that bullish narrative. Bitcoin is painting what ...
Ethereum’s native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the ...
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 ...