Title speaks for itself.
Exchange tokens have been exploding these couple of days. KCS is up almost 50%! After doing some research I noticed that BNB is still trailing a bit behind the trend and noticed this massive cup and handle pattern.
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
Do you think BNB will rally back up to ATH? If you're going to trade this pattern I strongly suggest that you wait for confirmation of the breakout AFTER the resistance is broken @ $507 give or take.
KuCoin is on its way to becoming #3 exchange worldwide. Its token has already rallied 50% in this week alone! Open a Kucoin account HERE today before it starts setting new All time highs! Register HERE
An ICO in PHASE 1 has just launched - You can check it out HERE to get involved before it starts getting attention and starts blowing up !
