MRS Watanabe

Cup Handle on Log Scale daily chart

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
581 5 4
Reminder of the levels to watch on this cup and handle chart pattern with Fibo projections
$403 region supt, should hold, in order to reach
$621 then
$839 followed by
$974 which is so close to $1000 people will go for that.
once above $1000 we have silly numbers ranging upto $1,000,000 as tragets
Interesting how the first arrow is a 100% match with the current candle. I'd love to see the rest turn out like that, too,
they will all turn out like that,,,100% sure this is a parabolic move, and all of them rest at Fibo projections, we just need to stay long and be patient..
Mind your fingers. With this tiny handle you'll get burnt! BTC is so hot !
Interesting. I don't know if the handle is big enough for this to be a "cup and handle" pattern but I am interested to hear what others think.
MRS Watanabe Bitcoin_Altcoin
its more evident in the other currencies, but agree its a very large cup with a small handle. The April High is not correct on my fibo, so that has to move down a bit.
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