A beautiful Cup and handle formation on the hourly chart, handle formed on decreasing volume (and stayed above 50% level of the cup), bullish volume increasing looking for a breakout above 0.45.
Top to bottom of cup is 0.22c (0.45 - 0.23) so our target price is 0.67 (0.45+0.22) which lines up perfectly with our 0.618 fib extension (confluence)
0.67 her we come.
Let me hear your thoughts.
Top to bottom of cup is 0.22c (0.45 - 0.23) so our target price is 0.67 (0.45+0.22) which lines up perfectly with our 0.618 fib extension (confluence)
0.67 her we come.
Let me hear your thoughts.
