target: 5$
The cup and handle pattern is a bullish continuation chart pattern that signals a potential upward price movement. It resembles a teacup with a handle, where the "cup" is a rounded bottom and the "handle" is a smaller downward drift. A breakout above the handle's resistance level suggests a continuation of the prior uptrend.
The cup and handle pattern is a bullish continuation chart pattern that signals a potential upward price movement. It resembles a teacup with a handle, where the "cup" is a rounded bottom and the "handle" is a smaller downward drift. A breakout above the handle's resistance level suggests a continuation of the prior uptrend.
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