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Short

Trade recommendation: VIBE/BTC

BINANCE:VIBEBTC   VIBE / Bitcoin
Plenty of potential cup and handles showing on crypto market. Particularly VIBE appears to show a cup and handle formation. This combined with positive indicators on the RSI and MACD on the 1hr chart shows a bullish sign for new highs in the 24hr period.
Comment: correction, sorry this is over the day to week period.
Comment: Handle has had a breakout to the upside
Comment: unfortunately the top resistance level, horizontal line across the cup has not been reached as yet, reflective of the FUD in the current BTC market.
Comment: A bull flag appears to be forming after the breakout of the handle before potentially moving upwards to break the cup horizon resistance.
Comment: notice the volumes on the pull back of the bull flag are very low.
So the handle has had a breakout and the cup and handle is proving correct.
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