Technical analysts attempt to take the emotion out of investing by solely relying on the patterns found within charts to trade ... triangle pattern. 3. Cup and Handle A cup and handle is a bullish ...

The "handle" forms on the right side of the cup in the form of a short pullback that resembles a flag or pennant chart pattern. Once the handle is complete, the stock may breakout to new highs and ...

Technical analysis relies on charts to forecast prices ... Virtually all technical analysts view the cup and handle pattern as bullish because it's generally formed during long-term uptrends.

According to Van Lagen, the cup-and-handle pattern has appeared on the altcoin market bi-weekly chart. It consists of a U-shaped price movement (cup), which represents a period of gradual decline ...