Combining a "cup and handle" pattern with a long position on ETH/USDT is a classic bullish technical analysis strategy. Let's break down what this pattern signifies and how to approach it for a long trade.
Understanding the Cup and Handle Pattern
The cup and handle is a bullish continuation pattern popularized by William J. O'Neil. It suggests a period of consolidation followed by a breakout to the upside, signaling a likely continuation of the prior uptrend.
Disclaimer: Technical analysis patterns like the cup and handle are tools, not guarantees. Always combine them with sound risk management and your overall trading strategy. Past performance is not indicative of future results.
Understanding the Cup and Handle Pattern
The cup and handle is a bullish continuation pattern popularized by William J. O'Neil. It suggests a period of consolidation followed by a breakout to the upside, signaling a likely continuation of the prior uptrend.
Disclaimer: Technical analysis patterns like the cup and handle are tools, not guarantees. Always combine them with sound risk management and your overall trading strategy. Past performance is not indicative of future results.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。