LitecoinLong
Litecoin Cup and Handle within a valid time-frame
Hello,
most C&H structures which are being posted on TV are nonsense because of their invalid time-frames.
To be a true cup & handle pattern it should achieve the requirements stated below(and more if you follow the link)
Cup duration: From 7 to 65 weeks
Handle duration: 1 week minimum with no maximum.
thepatternsite.com/cup.html
This one looks promising and the breakout has just started.
Trade safe
Nik
most C&H structures which are being posted on TV are nonsense because of their invalid time-frames.
To be a true cup & handle pattern it should achieve the requirements stated below(and more if you follow the link)
Cup duration: From 7 to 65 weeks
Handle duration: 1 week minimum with no maximum.
thepatternsite.com/cup.html
This one looks promising and the breakout has just started.
Trade safe
Nik
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.