📈 What is the Cup and Handle?
The Cup and Handle is a powerful bullish continuation pattern that signals a potential breakout and extension of an uptrend. It’s a favorite among traders for spotting high-probability buy opportunities! 
---
🔍 Key Components:
1️⃣ CUP: A smooth, U-shaped dip (like a bowl) forming after an uptrend.
2️⃣ HANDLE: A slight downward drift (consolidation) after the cup, resembling a flag or pennant.
3️⃣ BREAKOUT: When price surges above the handle’s resistance, confirming the pattern!
---
🎯 How to Trade It?
✅ Entry: Buy on breakout above the handle’s resistance.
✅ Target: Measure the cup’s depth and project it upward from the breakout point.
✅ Stop Loss: Place below the handle’s lowest point.
---
💡 Pro Tip:
- Volume should decline during the handle and surge on breakout for confirmation.
- Works best in strong uptrends (like Bitcoin in bull markets!).
---
📊 Example:
Imagine $BTC forms a cup after a 30% rally, then a small handle. A breakout could signal another 30%+ move!
🔥 Ready to spot this pattern and ride the trend?
👉 Like, share, and follow @WhaleWatcher for more trading gems!