Sirin Token looks to be completing a C&H which may serve as change from the recent downward channel and consolidation. The price is currently returning from the bottom/end of the handle. It should surpass the neckline (volume is increasing nicely) and then rise from around 28% to less likely, over 45%. A correction of up to 60% of the breakout can happen after the breakout peaks.
Does your analysis still up until now? The price is falling down
CryptoMP
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@Oliver.prado, IMHO If price drops to 5100 and reverses we could see a inverse H&S with even higher objective, OTH Cup & Handle is viable too
DHF82
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@Oliver.prado, I think it still does. I'm proceeding with caution though. If I take the difference between my resistance (7276sat) and support (3156sat) lines I get a 4120 sat cup height. Some analysts think that a handle up to ~33% of the cup depth is ideal (~5917sat), others add that a handle depth up to ~50% (~5216 sat) is okay (risky) and indicative of a weaker breakout. right now, we are at 5635 sat, or a retracement of about 40%. If handles in a pattern of this length generally take 5 days to a couple weeks to form we still have a decent chance of completing the C&H pattern well. Just a few thoughts! I'm still new & learning a lot about TA :)