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Steffro

Inverse Cup and Handle

Short
Ethereum (BITFINEX:ETHUSD)  
Steffro Updated   
BITFINEX:ETHUSD   Ethereum
Cup And Handle Volume Wedge
8
0
cupandhandle volumestudies wedgepattern
This is not looking good at all. The Cup and Handle pattern is completed and this might trigger a big drop. The good news is that we might be in a descending wedge currently and this could give us a bounce upwards when the iv leg is completed.

Be careful on this one!
Comment:
Look out for break out on the upper line (descending wedge).
Comment:
Break out next?

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Steffro
Cup and Handle Example
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