


Myope
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since Apr 4, 2020
bitcoin
crypto
cryptocurrency
cupandhandle
ethereum
fibonacci
moon
supportandresistance
trendanalysis
trendline
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...because I say so. Trust the circle. (Cup and handle formation)
5
You can see the cup in where I start the fib extension. You can see the handle.. And I have used the fib extension to show the exit points.
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Cup formation on Ethereum (ETH) / Bitcoin (BTC) How to trade the cup: The height from the cup entry point to the bottom is the increase we will see from the cup entry to the exit. To make it easier to plot, I have used the eclipse tool as you can easily mirror the dip to predict the peak. From when I first drew this it has grown 21% and I expect a further 57%...
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The lower black support line is keeping ETH at bay. I expect a bounce up to the fib before a sharp return down and breach.
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