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

1 answers

• Apr 30, 2022 · 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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