UnknownUnicorn1539772

Litecoin Cup and Handle within a valid time-frame

Long
KRAKEN:LTCUSD   Litecoin
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
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