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Davide
@0xdavide
📈On ETH it looks like a "cup and handle" pattern: 🟩The Cup: the rounded curve that resembles the bottom of a cup, i.e. a phase of price consolidation, with a gradual decline followed by a rise towards the initial levels. 🟩The Handle: after the price has completed the cup, there is a phase of slight retracement or consolidation, which forms a sort of small "handle". This movement generally occurs below the resistance level formed during the cup. If the pattern is confirmed, the price breaks the resistance of the handle upwards, signaling a possible continuation of the bullish trend.
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