The textbook Cup and Handle pattern (black) has formed on the chart.
The price has broken through the Handle, triggering a bullish signal
The target of this pattern is the depth of the "Cup" added to the breakout point.
Therefore, the SOL/USDT price is heading towards $412.
The price has broken through the Handle, triggering a bullish signal
The target of this pattern is the depth of the "Cup" added to the breakout point.
Therefore, the SOL/USDT price is heading towards $412.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.