Reverse Cup and Handle is a rare formation (probably one I made up).
But since 2003, I've seen them line up and they act just like a Cup and Handle.
The price has officially, broken above Brim
Price >200 - Bullish (Green background)
RSI (through the roof) (Green background)
Target $30,593
Bullish - Medium term
There is still a lot of recovery to take place int he crypto space, and anything can happen. I will be cautious with this one.
But since 2003, I've seen them line up and they act just like a Cup and Handle.
The price has officially, broken above Brim
Price >200 - Bullish (Green background)
RSI (through the roof) (Green background)
Target $30,593
Bullish - Medium term
There is still a lot of recovery to take place int he crypto space, and anything can happen. I will be cautious with this one.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)