Cup and Handle Pattern for SHIB

By Arabian-knights
Imagine a refreshing cup of coffee!
Let's break down the **Cup and Handle pattern for SHIB, targeting $0.000017


Look for that classic cup shape, followed by a slight handle. This is your signal that something exciting is brewing!


Watch for the breakout! Once SHIB closes above the handle’s resistance, it's time to dive in. This is where the real journey begins!


Protect your investment! Set your stop loss just below the handle’s lowest point. This keeps your risk in check if the market takes a turn.

Aim for the stars! With a target of $0.000017, calculate your potential profits based on your entry point. Use the height of the cup to project your target upwards!


Is the crowd cheering? Look for increased trading volume at breakout. High volume is like a roaring applause, confirming the momentum!


Keep an eye on the broader market. A bullish trend can give your trade that extra push it needs!


Play it smart! Only risk a small percentage of your capital. This ensures you stay in the game no matter the outcome.


Stay alert, adapt, and enjoy the ride!Happy trading, and may your gains be plentiful!
Cup And Handle

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