Bullish cup & handle on crypto total market cap
We have seen a breakout of the handle’s resistance and actually retesting it as a support. We are also near the ascending channel support line and the 100 moving average around 2.40T.
Following the cup & handle pattern, the minimum price target should be around 3.75T.
If we don't have a black swan at the critical moment and the inflation continue to raise we are good to see the confirmation of this pattern.
Good profits to all!
Following the cup & handle pattern, the minimum price target should be around 3.75T.
If we don't have a black swan at the critical moment and the inflation continue to raise we are good to see the confirmation of this pattern.
Good profits to all!
Trade closed: stop reached
This pattern failed broking back the neckline
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