Cardano / TetherUS
업데이트됨

ADA/USDT – Cup & Handle Perspective

2 708
Hello guys!

Currently, the chart is showing the formation of a potential cup and handle pattern. The rounded bottom of the cup has already developed, suggesting that market participants are gradually regaining buying interest after the recent decline.

However, it’s important to note that:
  • The handle has not yet formed, and
  • A breakout confirmation is still missing.


This means the pattern is not yet validated —> it’s only a perspective and assumption at this stage. For the setup to confirm, we would need:

  • A consolidation forming the handle, and
  • A clean breakout above the neckline area.


If the breakout occurs with solid volume, the measured target of the pattern could push the price toward the $1.00 level, which also aligns with psychological resistance.

액티브 트레이드
스냅샷

The cup is fully formed
노트
스냅샷
the handle formed

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