Moxij :
cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern 95% success rate in bull markets and returns an average profit of +54%.
Moxij :
it's important to note that no chart pattern works all the time. Failed breakouts occur when the stock price fails to break out and remain above the resistance level.
Souxiesue :
Cup of denial. I agree on the break resistance…. cant be sure till then. Nad abuot bitcoing being up this MARA should too..well same thng can be said about CAN but you see after the BT ETFs… its different not sure how.. but it is… its like we agreed to an electoral college for BITcoin.
Tissy72 : Can you explain the cup and handle please?
Moxij : cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern 95% success rate in bull markets and returns an average profit of +54%.
Moxij : it's important to note that no chart pattern works all the time. Failed breakouts occur when the stock price fails to break out and remain above the resistance level.
Moneymakermeech Shafi: Bye hater short the stock then tough guy
Souxiesue Moxij:
Souxiesue : Cup of denial. I agree on the break resistance…. cant be sure till then. Nad abuot bitcoing being up this MARA should too..well same thng can be said about CAN but you see after the BT ETFs… its different not sure how.. but it is… its like we agreed to an electoral college for BITcoin.
Sneaky Pete : don't you see the inverted head and shoulders?..strongest bullish pattern