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Cup & handle and Fibonacci to $6.5 USD
CAKE / TetherUS
Long
Cup & handle and Fibonacci to $6.5 USD
By Giankpetrov
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Updated
Mar 26
1
5
Mar 12
If the Cup and handle patter its confirmed we should be looking at the next resitance at $6.5 USD.
Also, the last Fibonacci retracement is proyecting to $6.5 USD.
Will update soon.
Mar 13
Note
It seems we have tested $4 as the new support
Mar 14
Note
If there is no more external factors, it will be normal and natural to retest the $5 mark as new support. Still confident to get $6.5 target
Always be careful, corrections are healthier for keeping a bull run.
Mar 26
Note
We did test 1.618 in Fibonacci and retest $4 as new support. So far, so good.
Target still at $6.5
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Giankpetrov
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