Cup and Handle
ChartBullishContinuationReliability:
A rounded U-shaped base (the cup) followed by a shallow pullback (the handle), and a breakout above the rim confirms bullish continuation.
Description
After an uptrend, price carves a rounded U-shaped base then pulls back slightly near the right rim to form the handle; a break above the rim/resistance signals continuation higher.
Market psychology
Patient accumulation rounds out the base, the handle shakes out weak hands, then demand overwhelms resistance.
How to trade
Enter on the breakout above the rim/handle high; target ≈ cup depth added to the breakout; stop below the handle low.
Confirmation
A decisive close above the rim (resistance), ideally on rising volume.
Also known as: Cup and Handle, Cup with Handle
Educational content only — not financial advice. Cryptorua reads public market data and never places orders.