Many analysts on this page have mentioned the cup and handle pattern/my previous analysis was based on the channel, the price has now reached the midline and if it crosses the 0.044 resistance It has the potential to grow up to the ceiling of the channel/But the pattern of the cup and handle is very valid and its price target is the same as the depth of the cup, that is, the range of 1 dollar / an attractive long-term target
Note
The movement continues and these corrections are part of the long-term targets/however, capital management must be followed by every traderNow, with the above short-term analysis(m30), new smart money can enter the cycle
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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.