The most common highly successful chart pattern we have is
named the Cup-with-Handle, because it looks like a teacup if
viewed from the side. You will find hundreds of these in every
new bull market, so study these patterns carefully until you
have their similar images deeply imbedded in your mind.
The cup-with-handle is a great way to spot leading cryptos at the
beginning of every major new market uptrend, which usually occurs
a few times every year. Leaders tend to break out of sound chart
patterns like the cup-with-handle in the early days and weeks of
each new uptrend. Therefore, it is vitally important to know when the
market begins a new uptrend or correction since 75% of all cryptos
follow the general market trend.
It is key to understand that over 90% of all successful bases are
formed during corrections in the general market. So, a correction
is actually a good thing, since it sets up winning stocks for the next
uptrend. But, it is also the time when media coverage will be negative
so you have to learn to read what the market itself is telling you and
be prepared to buy when the market starts a confirmed new uptrend