Technical analysis by Mozart-BTC about Symbol ID: Buy recommendation (1/13/2024)

if breakout T=0.51T2=0.65T3=1.14A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis, How to Make Money in Stocks.