The cup and handle formation is almost completed. The majority is still in denial and did not capitulate yet. However, the chart is very bearish, the golden cross is in place with no bullish indicators in sight. I still maintain my bearish view from my sale signal near 47K. I think 18-19K is very possible in the near future. It is not a signal to go short yet but it may come at any moment. Be wise.
@siegster1, Thank you, nice to know someone looking forward to it
Mudrex
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There is still time as we haven't crossed below the band yet. We might see a reversal from here as well as the overall current momentum is still bullish.
Trade2Double
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@Mudrex, I know that many are adding on this dip. Emotionally charged mob bought too high and did not get the lesson yet. It is coming.