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Binance precio Chainlink Some cups are U-shaped, while others are V-shaped. In ideal conditions, the cup has equal highs on either side before consolidating at a specific price point (the handle). The estimated price target for the next breakout after the consolidation is symmetrical to the height of the cup. Of course, cup with handle patterns can indicate different things in a prevailing downtrend: In this chart, the same cup with handle pattern signifies the end of a downtrend and a breakout into an uptrend. Once the cup formation transitions to a handle formation, the price must not decline beyond half the height of the cup. If the price declines more than half the cup’s height, then selling momentum is too significant and it’s no longer considered a cup with handle pattern (the ‘handle’ broke). 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