Mega Cup and Handle formation could be indicating a big move to at least 2250 USD (with a few bumps in the road along the way). Plenty of FOMO news articles surfacing in the mainstream. Segwit as well.
Previous cup and handle projections extended further than the forecasted magnitude, however the target zone ended up as future support once the correction started.
100 day moving average reached new highs a couple months back.
RSI has room to run, especially when compared to the relative strength of the previous moves, relatively speaking!
Previous cup and handle projections extended further than the forecasted magnitude, however the target zone ended up as future support once the correction started.
100 day moving average reached new highs a couple months back.
RSI has room to run, especially when compared to the relative strength of the previous moves, relatively speaking!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.