CUP & HANDLE for the crypto market!
Updated
We have formed and broken through a delicious CUP&HANDLE formation which eventually will lead us to re-test the previous ATH established in Jan'18.
Personally I think we will reach a total crypto market capitalization of 700B $ in the next few weeks! And around 1 TRILLION $ early next year.
The Stochastic oscillator is indicating and overbought condition as of now. So it's reasonable to assume that in the next couple of days we will experience a short-term retracement of 10-15% leading us to around 400B $. This will be a re-test of the CUP&HANDLE upper trendline and a great opportunity to add some more long positions.
Please check the links below for some juicy Bitcoin, Dash and XRP analysis ;)
GL&HF ;)
Personally I think we will reach a total crypto market capitalization of 700B $ in the next few weeks! And around 1 TRILLION $ early next year.
The Stochastic oscillator is indicating and overbought condition as of now. So it's reasonable to assume that in the next couple of days we will experience a short-term retracement of 10-15% leading us to around 400B $. This will be a re-test of the CUP&HANDLE upper trendline and a great opportunity to add some more long positions.
Please check the links below for some juicy Bitcoin, Dash and XRP analysis ;)
GL&HF ;)
Note
Let's rename this as the "BALLS SACK" formation! Who is in favor? Hands up! :D
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