SNX/BTC +1010% Cup & Handle Hopium

A "mini" Cup & Handle thingo seemed to play out hitting the 361.80% fib for an approximate +1000% gain.

A giant Cup & Handle thingo seems to have formed on much larger timeframe,
very similar in price and volume formation, will it play out for another +1000% gain?

All higher timeframe momentum oscillators also looking strong.

Lettuce pray for this meme.

Happy trading :)

Comment:

Up about 75% since posting.

It seems to have broken out of the Cup & Handle formation and is making new all time highs on BTC and USD pairs.

I suggested that I would be eyeing a target of +1000% to the 361.80% fib based on how the previous "mini" Cup & Handle performed.

If I were to do it by the book which would be to plot out a measured move based on the depth of the cup, it would actually be higher with a target of [phone]% from the breakout depending on where you decide the top of the Cup formation truly is. It sounds crazy but over the course of a couple years (or months it is crypto after all) it isn't out of the realm of possibilities.

Lettuce pray for this meme.

Happy trading :)

Comment:

The giant Cup & Handle still seems to be playing out like the previous "mini" Cup & Handle.

Price has consolidated under the 161.80 fib as it did previously with the "mini" and with the SNXUSD pair making new highs it looks set for continuation.

Lettuce pray for this meme.

Happy trading :)

Comment:

Price has broken through the 161.80 fib. Next stop 261.80 in my opinion. 0.00085000 BTC.

Lettuce pray for this meme.

Happy trading :)