Binance Coin eyes $560 next after BNB price ‘Cup and Handle’ breakout By Cointelegraph
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The price explosion in ().BNBThe ) Market is painting a bullish chart pattern, with an upside target $560.
This pattern, also called Cup and Handle is formed when the trend price appears to be in a U-shaped shape (Cup). The formation of a downward channel range follows (Handle). A break above the Handle area usually leads to an upside continuation with a bullish target at the same length as the Cup.
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