$ETH , $BTC and $ALTCOINS are showing a classic "Cup and Handle" chart pattern! 🚀
What does it mean?
📈 Bullish sentiment! This pattern has historically been considered one of the most reliable growth signals.
Why pay attention?
🔗 Traditional markets like the S&P 500, NASDAQ, and even gold have already shown how this pattern leads to strong upward movements. Now it's the turn of the crypto market!
What is a "Cup and Handle"?
☕ This is a chart figure that is formed as follows:
1️⃣ A long gradual decline and recovery in prices (cup).
2️⃣ A short consolidation or slight correction (handle).
3️⃣ Breakout up is the moment traders are waiting to enter a trade.
⚡ Signal for traders:
The current cryptocurrency consolidation may end with a powerful upward movement. Make sure you watch the resistance levels so as not to miss this moment!
💡 The crypto market repeats history:
It is already clear that the dynamics of $ETH, $BTC and $ALTCOINS are starting to repeat the patterns that previously led to explosive growth in traditional markets.
Ready for new heights? 🌕
Write in the comments which coins you hold in your portfolio.