Very short window to form a cup and handle pattern, but Crypto seems to do everything faster than traditional stocks.
Certainly the initial handle formation candle wicked down to 1/2 the depth of the cup, which is a good indicator.
Certainly the initial handle formation candle wicked down to 1/2 the depth of the cup, which is a good indicator.
Note
Small wick below but holding at 1/2 the cup this hour. Volume should decrease before we take off upward again.Note
Volume is decreasing at the bottom of the handle, further support for Cup and Handle.Note
Unfortunate, this did not pan out.The candles are too far down the cup depth to be a cup and handle pattern.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.