Updated

Cup & Handle pattern formation ?

Well we migh possibly got the Cup formation allready. Lets see if we can form a handle now.

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Top

for reversal watch

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Vice versa signal from the top. Low TF

Trade active

We are close to potencial handle closing.

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This could lead to potencial inv. H&S before the further up. So one more dip could occur.

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One more scalp opportunity before the massive breakout

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A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities.

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I think we should pump based on the pattern but based on the RSI extending bearish divergence we should expect dump ... soo I think one possible scenario is we will finish the pattern .. trap more people as they are expecting dump now and after pumpwill occur dump

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Needs to break out here or anytime soon or otherwise down it goes

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And it just broke. I think This is tre ramp towards 8K

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Anoinvest