Band forming a nice cup and handle pattern, beautiful rounding bottom, nice little handle. Looks just like my cup of coffee.
Why is this significant?
Well, it occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. ... A continuation pattern occurs during an uptrend; the price is rising, forms a cup and handle, and then continues rising.
Sit back, relax, and HODL.
Hard to believe it's 151st in the coin market cap rankings, no?