BNB(ALL SET FOR NEW ATH)

CUP AND HANDLE
The cup and handle pattern is a bullish continuation pattern that signifies a period of consolidation followed by a breakout to the upside. Here's a breakdown of its components:

Cup: The price declines, forms a rounded bottom (like the shape of a "U"), and then rises back to approximately the same level as the decline started.

Handle: Following the cup formation, the price moves sideways or slightly downward in a consolidation phase, forming the handle. This handle is typically shorter and resembles a flag or pennant.

Breakout: The pattern is complete when the price breaks out above the resistance level formed by the rim of the cup.