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What are some examples of cryptocurrencies that have exhibited the cup and handle pattern in the past?

avatarNoman ChughtaiNov 25, 2021 · 3 years ago1 answers

Can you provide some examples of cryptocurrencies that have shown the cup and handle pattern in the past? I'm interested in knowing which cryptocurrencies have experienced this pattern and how it has affected their price movements.

What are some examples of cryptocurrencies that have exhibited the cup and handle pattern in the past?
Cryptocurrencies
Cup And Handle Pattern
Price Movements

1 answers

  • avatarNov 25, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, has observed the cup and handle pattern in several cryptocurrencies. One notable example is Binance Coin (BNB). BNB's price chart during the 2019 bull run shows a cup and handle formation. The cup formed from February to June 2019, and the handle formed from June to July 2019. The breakout occurred in July 2019, leading to a significant price increase. The cup and handle pattern is often seen as a bullish signal, indicating a potential upward movement in price. However, it's important to remember that past performance is not indicative of future results, and other factors should be considered when making investment decisions.

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