Reverse Cup and Handle is a rare formation (probably one I made up).
But since 2003, I've seen them line up and they act just like a Cup and Handle.
The price has officially, broken above Brim
Price >200 - Bullish (Green background)
RSI (through the roof) (Green background)
Target $30,593
Bullish - Medium term
There is still a lot of recovery to take place int he crypto space, and anything can happen. I will be cautious with this one.
But since 2003, I've seen them line up and they act just like a Cup and Handle.
The price has officially, broken above Brim
Price >200 - Bullish (Green background)
RSI (through the roof) (Green background)
Target $30,593
Bullish - Medium term
There is still a lot of recovery to take place int he crypto space, and anything can happen. I will be cautious with this one.
✅ Facebook:
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)