Caveat: Due to the seasonal bearishness of alts, this could be the mother of all bull traps. Proceed with caution.
That said, after a textbook elliot wave bull run forming the back half of the cup, we've seen a beautiful handle appear. I would avoid early position in order to reduce exposure to possible downside. If we have an upside break, there will be plenty of room to position after confirmed movement.
Good luck to everyone in this trade!
-Alamo