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Crypto · chart pattern

Cup and handle on Shiba Inu

On Shiba Inu the cup and handle showed up 23 times. The target came first 22% of the time, the stop 78%, and 0% went nowhere within 12 candles.

Counted on Shiba Inu (SHIB/USDT): daily candles from May 2021, 4-hour candles from May 2021 and hourly candles from May 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
4-hour540%60%0%
Hourly1817%83%0%

Shiba Inu against the rest

ChartsFoundTarget firstStop firstWent nowhere
Shiba Inu2322%78%0%
All Crypto charts51133%61%6%
Every market79234%60%6%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the cup and handle is

A rounded dip like a cup, a small dip like a handle, then a break above the rim.

Picture a teacup from the side: a round bowl with a small handle on the right. A cup and handle is price drawing that shape: a slow, rounded dip and recovery, then a small dip called the handle. When price breaks above the rim of the cup, the pattern is complete.

The full cup and handle lesson, video and quiz ›

Other patterns on Shiba Inu

Inside bar · Spinning top · Stochastic bullish cross · Stochastic bearish cross · Doji · Volume profile rejection · Volume profile bounce · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · all of them

The cup and handle elsewhere

Ethereum · Solana · Litecoin · Chainlink · Uniswap · BNB · Cardano · Polkadot · Aave · Filecoin

Questions

How often does the cup and handle work on Shiba Inu?

In 23 cases on Shiba Inu, the target (1.5 × ATR) came before the stop (1 × ATR) 22% of the time and the stop came first 78%; 0% went nowhere within 12 candles.

What is the cup and handle?

A rounded dip like a cup, a small dip like a handle, then a break above the rim.