ADA monthly chart can we have cup and handle

#ADA/BTC

ADA price is at 0.618 fib level of whole swing high.
if price hold this level as support, it will head up to resistance zone around 4000sats.
if bulls success to break out from this resistance price can increase to 8460sats and maybe 12060sats in long term.
but if bears success to reject the price from resistance zone, it will drop to 1656sats that is the 0.786 fib level.