In this chart the breakout is just taking place and it did nt only cleared the neckline but also the 200-day moving average.
The cup must have a handle on the right. Cup rims should be near the same price level but be flexible.
The potential breakout its only valid when price stays above the cup rim and above the 200-day MA. Breakout looks more clear with a lot of resistance(clearly indicating targets to the upside.
Resistance 1: 0.007273
Resistance 2: 0.007417
Resistance 3: 0.007668
Resistance 4: 0.008048
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Ideas published should not be referred to as an investment advice.