Grab your favorite cup. Put a pot of water on the range.
Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile.
Drew this one out after the cup formed.
Cup and handle. C+H. Tea time.
Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum.
Fib extensions pulled from top to bottom and from cup neckline to base. both sets of fibs will offer insight into the price action to come.
Don't sleep on this chart if you are looking for alt coins to rotate into.
NFA
Do Your Own DD
Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile.
Drew this one out after the cup formed.
Cup and handle. C+H. Tea time.
Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum.
Fib extensions pulled from top to bottom and from cup neckline to base. both sets of fibs will offer insight into the price action to come.
Don't sleep on this chart if you are looking for alt coins to rotate into.
NFA
Do Your Own DD
Note
Sol from the weekly chart
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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.
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.