๐The Cup and Handle pattern is a bullish chart formation that looks like a cup with a handle, suggesting a potential upward price movement.๐
๐It involves a price decline to form the "cup," a stabilization and rise back to the starting level, followed by a smaller decline to form the "handle."
๐This pattern can last from several weeks to months, with the breakout from the handle signaling a buying opportunity.
๐It's seen as a continuation pattern, indicating the price may continue its prior trend. However, it's used with other analyses for better decision-making, as it's not a guaranteed predictor of future price movements.
๐ฎYou can long BTC Isolated Margin with 5x leverage till 80 to 90 or may be 100k๐
๐DCA if price Drop to 50K with 2000$ Gap
๐Stoploss 47k
Hold for 3 to 6 months
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