LENDBTC cup and handle formation

Setting up for a cup and handle formation, resistance at 1 fib level but i feel that if this occurs this will be broken easily. Something has sparked a bull run in LENDBTC whether it be fundamentals or whales simply wanting to make money. Perfect cup formation so far.. I realise price reached dotted purple line but I dont think that affects the formation.
aaveaavebitcoinaavebtcBeyond Technical AnalysisTechnical IndicatorslendlendbitcoinLENDBTCLENDETHlendingLENDUSDTrend Analysis

Disclaimer