Long

SPAUSDT targeting 0.4500 on a Cup & Handle pattern!

SPA has been one of the best performing crypto of the year, being supported on its 1D MA50 (blue trend-line) since December 23. The most important development is that it has now broken above the handle of the Cup and Handle (C&H) pattern of late January. The previous C&H pattern, when it broke above its handle, it reached its 2.0 Fibonacci extension before pulling back on profit taking. The current 2.0 Fib extension is at 0.4500.

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