Pattern Detected: Cup formation completed and we should have possible handle formation in progress and this expected to be completed at either 61.8 to 78.6% fib of the cup pattern.
We also has potential Bearish divergence in progress and i believe this will bring price down to advice Buy zone.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE RED: Possible Support LEVEL GREEN: SELL TARGETS
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Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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Break attempting to re-test the top trendline of the symmetrical triangle after the breakup. Follow the suggested Buy zone to accumulate the coin for the next leg up.
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