MRS Watanabe
Long

Cup Handle on Log Scale daily chart

MTGOX:BTCUSD   Bitcoin / 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,
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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..
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Mind your fingers. With this tiny handle you'll get burnt! BTC is so hot !
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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.
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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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