SOLVE updated Cup and Handle, ready to explode up?
Updated
Hello guys,
I hope you all have been trading well in this bullisch market. I have made an update on my cup and handle theory, this one just seems more correct to the chart.
We have been trading downwards for a few weeks now and made the necesary corrections. This is healty in my opinion.
Now we are trading in an upwards sloping triangle which usually break to the upside. We also see a bullisch cross on the stoch rsi.
Targets are: 0.00004700, and maybe a stop first at my green line so lets say 0.00004200.
Then if the macro trend will play out and the cup and handle pattern gets confirmed I think we can see 0.00007000 in the charts soon.
Trade safe!
I hope you all have been trading well in this bullisch market. I have made an update on my cup and handle theory, this one just seems more correct to the chart.
We have been trading downwards for a few weeks now and made the necesary corrections. This is healty in my opinion.
Now we are trading in an upwards sloping triangle which usually break to the upside. We also see a bullisch cross on the stoch rsi.
Targets are: 0.00004700, and maybe a stop first at my green line so lets say 0.00004200.
Then if the macro trend will play out and the cup and handle pattern gets confirmed I think we can see 0.00007000 in the charts soon.
Trade safe!
Note
Never shared a TA that became realitiy so perfect and this fast, I hope you all traded well!
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