Handle is too small compared to cup, still could go up regardless of technicals. Same pattern forming for gold, however.
Ryecatcher
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good stuff!
Loshy77
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for LEVARAGE TRADERS: I regret to tell you that our "Cup & Handle Breakout Happiness" seems to be running out of steam...(volume) hoping that the cause is just the weekend....The biggest volatilities always are on Mondays and Wednesdays......(I'm in London UK, late night) But you must be aware of the massive "Bearish Divergence" on the daily RSI.... Please confirm it by your self . By my statistic BTC reacts for this 7 times out of 10. Indeed we are on a supersonic bull market with institutional investors etc....but with leverage, your "Stop Loss" shouldn't be below $ 55,000.- (Bitstamp chart)
ALTCOIN HODLERS: In these times when her royal higness (BTC) just can't figure out, what on the blinking earth she wants to do, you must keep coins just with upcoming events. ETH, UNI are really bullish with the upcoming ETH upgrades .....but DIVERSIFICATIONwise you must be aware that they are the same ... Please , please follow the 5% rule.... You never invest more than 5% of your portfolio in one project. If the ETH upgrades won't work than the UNI 3.0 won't work either....So you put no more than 2.5% in ETH and 2.5% in UNI because of that. There are many other opp. for March for LTC, and in the Polkadot network .... THE MAIN THING IS TO EARN btc RATHER THAN usd