Even though we are still on the longer term, as well as new short term signals, I would just like to point out the possibility of a massive .
Like I always state, no formation has a 100% success rate and no trade is risk free.
With that said we can also see what might be a on the handle of the cup, another bull signal on the longer term.
On the flip side the bears are still in control and we might take a massive dip, what to look out for.
The Cup and the trade idea will be void should prices fall below the handle, or the .
This is at 0.074, I would like to extent that zone to just below the 200 MA on the 1 Day chart, which is around 0.07 btc .
This is also my for the short term on the market, 0.07btc – 0.074btc.
There is a possibility of a breakout should prices consolidate above 0.084.
Please note breakout levels are not set in stone and change regularly.
Feel free to discuss this trade idea with me in Discord. Safe trades.