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 ...
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 ...
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 ...
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 ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
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 ...
You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...
Solana price paints 'textbook' cup-and-handle breakout as bulls eye $6,300 target — is $6K SOL really on the horizon?- Solana price is once again drawing serious attention as it breaks into a bullish ...
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 ...