Cup and Handle is an continuation pattern.
Rounded Bottom Patern are also too.
they can be very accurate, on average 50% in the first and 68% in the second reach the targets at 30% and 29% respectively according to studies on normal targets.
In normal markets the charts used are weekly.
I do not have studies to present with bitcoin, but I bring a technical analysis based on capital market studies.
Source: Technical analysis of financial markets, LEMOS, Flávio.
Rounded Bottom Patern are also too.
they can be very accurate, on average 50% in the first and 68% in the second reach the targets at 30% and 29% respectively according to studies on normal targets.
In normal markets the charts used are weekly.
I do not have studies to present with bitcoin, but I bring a technical analysis based on capital market studies.
Source: Technical analysis of financial markets, LEMOS, Flávio.
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