TradingView
UnknownUnicorn1539772
Jan 30, 2020 3:02 PM

Litecoin Cup and Handle within a valid time-frame  Long

Litecoin / U. S. DollarKraken

Description

Hello,

most C&H structures which are being posted on TV are nonsense because of their invalid time-frames.
To be a true cup & handle pattern it should achieve the requirements stated below(and more if you follow the link)

Cup duration: From 7 to 65 weeks
Handle duration: 1 week minimum with no maximum.
thepatternsite.com/cup.html

This one looks promising and the breakout has just started.

Trade safe
Nik
More